16 August, 2015 by The TZ Newswire Staff Comments Off on Comments from Japan economy minister Amari in the wake of weak GDP data
Comments from Japan economy minister Amari in the wake of weak GDP data
Japanese economy minister Amari comments after the weak preliminary GDP data for Q2 … via Reuters:
– Not thinking about compiling stimulus measures now
(Note – there is already speculation the Japanese government will implement a supplementary budget)
16 August, 2015 by The TZ Newswire Staff Comments Off on Hedge funds shed shares in Alibaba and Baidu in Q2
Hedge funds shed shares in Alibaba and Baidu in Q2
As China’s market fell, money managers sold shares of Alibaba and Baidu, two of the largest U.S.-listed Chinese tech companies, the NYT reports.
16 August, 2015 by The TZ Newswire Staff Comments Off on Japan GDP contracts at -1.6% pace (annualized) … quick analyst responses
Japan GDP contracts at -1.6% pace (annualized) … quick analyst responses
Reuters are very quick off the market with some analyst responses to the Japanese GDP data.
In summary:
– Private consumption down a lot
– Capital spending was poor
Looking for a bounce in Q3 … but not expecting high growth
16 August, 2015 by The TZ Newswire Staff Comments Off on Rescuers work to clear China blast site to beat rain
Rescuers work to clear China blast site to beat rain
Rescuers searched for toxic materials at the blast site in Tianjin to clear chemicals before any rainfall creates further toxic gas.
16 August, 2015 by The TZ Newswire Staff Comments Off on Trigana plane crashes in remote Indonesian region
Trigana plane crashes in remote Indonesian region
An aircraft with 54 people on board crashed in Indonesia’s remote region of Papua, the latest in a string of aviation disasters in Southeast Asia.
16 August, 2015 by The TZ Newswire Staff Comments Off on 3 Money Moves to Make (and 1 to Avoid) Before Lending Rates Begin to Rise
3 Money Moves to Make (and 1 to Avoid) Before Lending Rates Begin to Rise
Interest rates could be heading higher very soon, which means you should consider making these three smart money moves and avoiding this common mistake.
16 August, 2015 by The TZ Newswire Staff Comments Off on Japan preliminary Q2 GDP: -0.4% q/q (-0.5% expected) economic data result
Japan preliminary Q2 GDP: -0.4% q/q (-0.5% expected) economic data result
Japan preliminary data for second quarter GDP
GDP (seasonally adjusted) for Q2, preliminary, q/q: -0.4 %
– expected -0.5%, prior was 1.1%, revised from 1.0%
GDP Annualized (seasonally adjusted) for Q2, preliminary q/q: -1.6 %