27 August, 2015 by The TZ Newswire Staff Comments Off on Stocks, oil continue rebound after historic week
Stocks, oil continue rebound after historic week
Squawk Box Live in Europe has updates and analysis on global markets as one of the most volatile trading weeks in history comes to an end.
27 August, 2015 by The TZ Newswire Staff Comments Off on Citi economist Buiter: China sliding into recession … likely drag global economy with it
Citi economist Buiter: China sliding into recession … likely drag global economy with it
In the Australian press, comments from Citigroup economist Willem Buiter:
– China “is an economy that’s sliding into recession,” the renowned chief economist at Citigroup told a media call hosted Thursday by the Council on Foreign Relations in New York.
Bolding mine
27 August, 2015 by The TZ Newswire Staff Comments Off on RBNZ says it bought net 191mln NZD in July
RBNZ says it bought net 191mln NZD in July
Reserve Bank of New Zealand foreign currency assets & liabilities update
–
Largest purchase since March of 2011
The bank says the purchases were “due to routine portfolio rebalancing transactions” (i.e they took some of their short back 😀 )
27 August, 2015 by The TZ Newswire Staff Comments Off on ASB on RBNZ forecasts – to cut to 2.5% by October
ASB on RBNZ forecasts – to cut to 2.5% by October
ASB forecasts
– Still with their forecast of 2.5% by October
– say the see subdued inflation pressures over the net couple of years
– There is a risk the low point for the Official Cash Rate is below 2.5%
27 August, 2015 by The TZ Newswire Staff Comments Off on China’s fake iPhones, fake Rolexes … now they’ve even got a fake Goldman Sachs!
China’s fake iPhones, fake Rolexes … now they’ve even got a fake Goldman Sachs!
Seriously … Goldman Sachs (Shenzhen) Financial Leasing Co. It’s a real firm operating in Shenzen and sharing the GS name.
– The company has been operating since May 2013
27 August, 2015 by The TZ Newswire Staff Comments Off on Asia stocks extend recovery as China gains soothe nerves
Asia stocks extend recovery as China gains soothe nerves
Asian stocks rose on Friday as investors cheered a second day of gains in Chinese and U.S. markets.
27 August, 2015 by The TZ Newswire Staff Comments Off on China’s vice finmin – Will start local pension fund investment as soon as possible
China’s vice finmin – Will start local pension fund investment as soon as possible
Comments from China’s vice finance minister
– Will start local pension fund investment as soon as possible
(Is he talking about his retirement saving?)
More: