13 July, 2015 by The TZ Newswire Staff Comments Off on Dollar rises after Greek deal, safe-haven yen sags
Dollar rises after Greek deal, safe-haven yen sags
The dollar strengthened after Greece finally agreed to a debt deal and allowed the market focus on U.S. and European yield differentials.
13 July, 2015 by The TZ Newswire Staff Comments Off on China Big Cap Stocks Continue Slide Despite Another Liquidity Injection; Margin Debt Rises For 2nd Day
China Big Cap Stocks Continue Slide Despite Another Liquidity Injection; Margin Debt Rises For 2nd Day
“This has caused me a lot of heartache. It will take some time to recover,” exclaims one disgruntled (and self-admitted greedy) Chinese investor who lost it all in the recent equity market demise.
13 July, 2015 by The TZ Newswire Staff Comments Off on Miners Buried In Billions Of Debt After "Colossal Misjudgment Of Demand"
Miners Buried In Billions Of Debt After "Colossal Misjudgment Of Demand"
If one had to craft a narrative around the state of the global economic “recovery”, it might go something like this. Wildly optimistic assumptions about the sustainability of China’s torrid economic growth (and the voracious demand for raw materials which accompanied it), led to overbuilding and oversupply in the lead up to the crisis.
13 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: State-owned Chinese chip maker makes $23 billion bid for Micron
The Wall Street Journal: State-owned Chinese chip maker makes $23 billion bid for Micron
China’s Tsinghua Unigroup submits a bid to buy out U.S.
13 July, 2015 by The TZ Newswire Staff Comments Off on Bank Indonesia stay on hold all year: MS
Bank Indonesia stay on hold all year: MS
Even though Indonesian growth has been falling, inflation remains high so the central bank is unlikely to step in, warns Deyi Tan, ASEAN Economist at Morgan Stanley.
13 July, 2015 by The TZ Newswire Staff Comments Off on Draft Iran deal to give UN access to ‘suspect’ sites
Draft Iran deal to give UN access to ‘suspect’ sites
A draft nuclear deal between Iran and six major powers calls for U.N. access to all suspect Iranian sites, including military sites, a sources said.
13 July, 2015 by The TZ Newswire Staff Comments Off on China chip-maker plans bold $23B bid for Micron
China chip-maker plans bold $23B bid for Micron
China’s Tsinghua reportedly plans to submit a $23B offer to buy chipmaker Micron, in what would be the biggest China-U.S. deal yet.