16 September, 2015 by The TZ Newswire Staff Comments Off on M&A news may weigh on EURUSD
M&A news may weigh on EURUSD
Confirmation that French company Altice will buy US cable tv operator Cablevision for $17.7bln
Cash element is reported to be €3.3bln but, as always, the timing of the sale of euros is unknown
16 September, 2015 by The TZ Newswire Staff Comments Off on China, US firms team up for LA-Vegas rail link
China, US firms team up for LA-Vegas rail link
The move represents the latest push by Beijing to export its high-speed rail technology and tap lucrative offshore markets.
16 September, 2015 by The TZ Newswire Staff Comments Off on Looming Fed rate decision a test of Yellen’s jobs vision
Looming Fed rate decision a test of Yellen’s jobs vision
Fed Chair Janet Yellen has made clear she would rather delay an interest rate hike for too long than move sooner and risk jeopardizing a tepid economic recovery, a conviction that will face its sharpest test yet on Thursday. A rate hike would be the first in the United States in nearly a decade. Fed watchers, however, see the outcome as a toss-up, with Yellen’s consistently stated desire to see workers reap more benefits from the recovery, coupled with weak price rises and a variety of global risks, looming large.
16 September, 2015 by The TZ Newswire Staff Comments Off on Intervention amplified losses for ETFs tracking China mainland
Intervention amplified losses for ETFs tracking China mainland
BOSTON/NEW YORK (Reuters) – Just as China shows that its domestic stock market can be something of a one-way street — investors can put money in, but not take money out – the biggest mutual fund company, Vanguard Group, is moving ahead with plans to expose more mom-and-pop investors to the country’s heavily restricted exchanges.
16 September, 2015 by The TZ Newswire Staff Comments Off on Cigna CEO defends Anthem deal, says consumer will still have choice
Cigna CEO defends Anthem deal, says consumer will still have choice
Health insurer Anthem’s planned $47 billion takeover of rival Cigna will not hurt consumers but increase choice and affordability, Cigna CEO David Cordani said, defending the merger against widespread criticism that it will harm competition. The Anthem-Cigna deal and a plan by Aetna Inc to buy Humana have come in the wake of the implementation of the Affordable Care Act and amid pressure on insurers to keep healthcare spending down for their biggest customers – employers and the U.S. government.
16 September, 2015 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda expect Japan to continue moderate economic recovery
BOJ’s Kuroda expect Japan to continue moderate economic recovery
Bang on cue with the usual mantra so far
– will watch risks, adjust policy blah blah
– virtuous cycle blah blah
– BOJ easing is having intended effects
– will keep easing until 2% inflation stable
No shocks here as yet
16 September, 2015 by The TZ Newswire Staff Comments Off on Japan’s Aso says business executives must divert corporate profits
Japan’s Aso says business executives must divert corporate profits
Japanese fin min in a scheduled speech
– must divert profits more into dividends,wages,capex
Kuroda due out now too