14 October, 2015 by The TZ Newswire Staff Comments Off on BlackRock profit falls in third quarter but tops expectations
BlackRock profit falls in third quarter but tops expectations
Investors piled into BlackRock Inc (BLK.N) bond ETFs and paid more in hedge fund fees in the third quarter, helping the world’s largest asset manager beat Wall Street’s earnings forecasts and offsetting a higher tax hit that cut profits 8 percent from a year earlier. Rough-and-tumble markets saw BlackRock trim core investment advice and administration fees by $12 million from 2014 and give up 5 percent of assets under management from the second quarter. “We had a great quarter because our positioning as an organization,” said BlackRock chairman and chief executive officer Laurence D. Fink.
14 October, 2015 by The TZ Newswire Staff Comments Off on Responses to the Australian employment data
Responses to the Australian employment data
Reactions from analysts around the place on today’s jobs report
ANZ calling for 2 25 bp cuts from the RBA in H1 of 2016
– Jobs growth focused in labour-intensive services sector is expected to wane
JPMorgan
14 October, 2015 by The TZ Newswire Staff Comments Off on Exec lined up to be VW’s US boss quits
Exec lined up to be VW’s US boss quits
The man Volkswagen lined up less than three weeks ago to head its North American business resigned on Wednesday.
14 October, 2015 by The TZ Newswire Staff Comments Off on Meet Allen Dulles: The "Psychopath" Who Created America’s Modern Shadow Government
Meet Allen Dulles: The "Psychopath" Who Created America’s Modern Shadow Government
14 October, 2015 by The TZ Newswire Staff Comments Off on Australia, EU to work on free trade agreement in the coming months
Australia, EU to work on free trade agreement in the coming months
From the Australian Financial Review today, and popping it up as some background info
– The European Commission will seek authorisation from its members to open separate negotiations with “close partners” Australia and New Zealand
The article appears to be ungated if you want more:
14 October, 2015 by The TZ Newswire Staff Comments Off on US to China: We’ll fly and sail anywhere we want
US to China: We’ll fly and sail anywhere we want
The U.S. Defense Secretary said the US military would sail and fly wherever international law allowed, including the disputed South China Sea.
14 October, 2015 by The TZ Newswire Staff Comments Off on Asian stocks advance; Kospi widens gains after BOK decision
Asian stocks advance; Kospi widens gains after BOK decision
Asian stocks moved higher early Thursday, shrugging off a tepid open brought about by an unimpressive lead from offshore markets.