8 September, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Alibaba expects China slowdown to hit online sales
The Wall Street Journal: Alibaba expects China slowdown to hit online sales
E-commerce giant Alibaba expects the value of its e-commerce transactions to be lower than expected in the quarter ending in September due to slower consumer spending
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8 September, 2015 by The TZ Newswire Staff Comments Off on ‘We have to accept these people’: EU’s migrant plan
‘We have to accept these people’: EU’s migrant plan
The European Union’s leaders are expected Wednesday to unveil plans to cope with the region’s snowballing migrant crisis.
8 September, 2015 by The TZ Newswire Staff Comments Off on Russia could increase oil production by 1% in 2015 – Livesquawk
Russia could increase oil production by 1% in 2015 – Livesquawk
Livesquawk reporting comments from Russia’s energy minister via Interfax
Russian production is around 10.5 mbpd and the recently overtook Saudi Arabia as biggest sellers to China
8 September, 2015 by The TZ Newswire Staff Comments Off on Blythe Masters Tells Banks the Blockchain Will Change Everything
Blythe Masters Tells Banks the Blockchain Will Change Everything
Blythe Masters, CEO of Digital Asset Holdings, says her firm is designing software that will enable banks, investors, and other market players to use blockchain technology to change the way they trade loans, bonds, and other assets.
8 September, 2015 by The TZ Newswire Staff Comments Off on Will the true Chinese GDP number please stand up
Will the true Chinese GDP number please stand up
China to change GDP methodology
The market has be sceptical of Chinese data, and with good reason. China supposedly grew amid the Asia crisis in 1998. Wikileaks reported in 2010 that soon to be leader Li Keqiang said that China’s GDP is man made and unreliable
8 September, 2015 by The TZ Newswire Staff Comments Off on CFTC probes JPMorgan for alleged client steering – WSJ
CFTC probes JPMorgan for alleged client steering – WSJ
The CFTC probe includes Highbridge Capital Management LLC, an investment firm owned by J.P. Morgan, the Journal said. CFTC is investigating why large proportions of Highbridge’s assets are coming from J.P. Morgan’s private-bank assets and if this factor helped Highbridge stabilize during the financial crisis, the Wall Street Journal said, citing people familiar with the probe.
8 September, 2015 by The TZ Newswire Staff Comments Off on Toyota to launch new Prius from year-end, starting in Japan
Toyota to launch new Prius from year-end, starting in Japan
Toyota Motor Corp plans to sell a new version of its Prius petrol-electric hybrid from the end of 2015 in Japan and in other regions thereafter, at a time when tumbling gasoline prices are sapping demand for environment-friendlier cars. The new Prius will run on smaller, lighter motors and batteries than its predecessor, and be at least 10 percent more fuel-efficient, Toyota said, without stating mileage.