14 July, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices wobble after inventory data, Iran deal
Futures Movers: Oil prices wobble after inventory data, Iran deal
Crude-oil futures struggle for direction on Wednesday, as investors digest some bullish U.S.
14 July, 2015 by The TZ Newswire Staff Comments Off on Why Union Pacific Is Becoming An Attractive Gem
Why Union Pacific Is Becoming An Attractive Gem
14 July, 2015 by The TZ Newswire Staff Comments Off on Market Extra: Wall Street is in for a rollercoaster ride of a session Wednesday
Market Extra: Wall Street is in for a rollercoaster ride of a session Wednesday
Central bankers, members of the Greek parliament and Chinese economic policy makers will all help keep things interesting.
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14 July, 2015 by The TZ Newswire Staff Comments Off on What’s behind the IMF attack on the Greek deal?
What’s behind the IMF attack on the Greek deal?
There are fears that the International Monetary Fund (IMF) has just derailed Greece’s third bailout.
14 July, 2015 by The TZ Newswire Staff Comments Off on European stocks and bonds pause before Greek vote on bailout terms
European stocks and bonds pause before Greek vote on bailout terms
Yields on peripheral bonds dipped, while European stocks and the euro held their breath on Wednesday as fractious parties in the Greek parliament prepared to vote on EU-prescribed austerity measures needed to unlock a third bailout. Tsipras defended the deal, saying it was better than the alternative of being forced out of the euro zone. The parliamentary vote is seen as the key hurdle to a final agreement for the bailout, which could end — at least temporarily — months of increased uncertainty, volatility and frequent risk aversion in financial markets.
14 July, 2015 by The TZ Newswire Staff Comments Off on China growth beats forecasts but stocks dive again
China growth beats forecasts but stocks dive again
China’s economy grew an annual 7 percent in the second quarter, beating analysts’ forecasts, though its volatile stock markets took a sharp dive in a reminder of the threats to Beijing’s efforts to direct the economy out of a slowdown. Policymakers had already unleashed a series of measures to pull stocks out of a 30 percent nosedive and appeared to have succeeded last week, but Wednesday’s tumble could reawaken concerns over the government’s ability to manage the economy.
14 July, 2015 by The TZ Newswire Staff Comments Off on Reported Chinese offer for Micron faces far too many hurdles
Reported Chinese offer for Micron faces far too many hurdles
WASHINGTON/SAN FRANCISCO (Reuters) – A Chinese state-backed company’s plan to buy U.S. chip maker Micron Technology faces no shortage of obstacles – questions about the price, worries on Capitol Hill, an aggressive regulator – and any one of them could torpedo the deal. Analysts argued Tsinghua Unigroup Ltd’s proposed price, $23 billion, was far too low. “If people decide that if what Micron makes isn’t important any more (it will be approved),” said Jim Lewis of the think tank Center for Strategic and International Studies.