25 June, 2015 by The TZ Newswire Staff Comments Off on If I had just $1, I’d invest here: Stephen Roach
If I had just $1, I’d invest here: Stephen Roach
If Stephen Roach had just a single buck to spend on one equity market in the world he’d pick…
25 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Qantas CEO scolds Hong Kong regulators
The Wall Street Journal: Qantas CEO scolds Hong Kong regulators
Alan Joyce, chief executive of Qantas Airways Ltd., criticizes Hong Kong authorities for rejecting his plan to establish a new low-cost carrier in the Chinese territory.
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25 June, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: China shares fall as stimulus hopes wane, startups look expensive
Asia Markets: China shares fall as stimulus hopes wane, startups look expensive
China shares fall for a second straight day, amid disappointment the government hasn’t taken stronger steps to stimulate a slowing economy, and worries that startup stocks are still too expensive.
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25 June, 2015 by The TZ Newswire Staff Comments Off on Asia stocks fall, euro drifts down as Greek crisis deepens
Asia stocks fall, euro drifts down as Greek crisis deepens
Financial spreadbetters expected Britain’s FTSE 100 (.FTSE) to open down 0.3 percent, Germany’s DAX (.GDAXI) as much as 0.2 percent lower and France’s CAC 40 (.FCHI) 0.4 percent lower. “European equities are set to slide on the open once more as Greek talks draw another blank,” Jonathan Sudaria, a dealer at Capital Spreads, said in a note. Athens has to repay the International Monetary Fund 1.6 billion euros ($1.79 billion) on Tuesday.
25 June, 2015 by The TZ Newswire Staff Comments Off on IMF to Fed: Drop the dots
IMF to Fed: Drop the dots
Now that International Monetary Fund head Christine Lagarde has told the Fed to wait to raise interest rates, the IMF staff has followed up with suggestions that the U.S. central bank remake its communications policy and, in a phrase, ditch the dots. The dot plot of interest rate projections issued by Fed officials every three months is confusing, an IMF staff paper has concluded, and should be replaced with a staff forecast of the interest rates needed to achieve the Fed’s goals of full employment and stable inflation.
25 June, 2015 by The TZ Newswire Staff Comments Off on Aetna close to buying Humana – Bloomberg
Aetna close to buying Humana – Bloomberg
Humana has also received an offer from Cigna Corp (CI.N), but Humana’s board prefers the offer from Aetna, Bloomberg reported. Aetna and Humana were in talks, a source familiar with the matter told Reuters on Thursday, adding that there was no certainty Aetna would prevail.
25 June, 2015 by The TZ Newswire Staff Comments Off on No deal for Greece, creditors; top-level talks resume Saturday
No deal for Greece, creditors; top-level talks resume Saturday
Euro zone finance ministers ended their third meeting in a week without agreement after the three creditor institutions put a final cash-for-reform proposal on the table in a showdown with Athens’s leftist government. German Chancellor Angela Merkel, whose country is Greece’s biggest creditor, said the next meeting of Eurogroup ministers on Saturday would be “of decisive importance” for a Greek solution since time was running out.