18 October, 2015 by The TZ Newswire Staff Comments Off on Taiwan earthquake, off east coast, Mag 5.2
Taiwan earthquake, off east coast, Mag 5.2
Reports of an earthquake just off Taiwan
– Off the eastern coast
– Magnitude 5.2
no further details as yet
18 October, 2015 by The TZ Newswire Staff Comments Off on Comments from China Stats Bureau on GDP release
Comments from China Stats Bureau on GDP release
Comments from China’s National Bureau of Statistics in the wake of the and data
GDP
other
– China economy operating in reasonable range
– China economy still faces downward pressure
Headlines on Bloomberg
18 October, 2015 by The TZ Newswire Staff Comments Off on "Good News" – China GDP Beats Expectation Leaving Fed ‘Relieved’, Stocks Disappointed
"Good News" – China GDP Beats Expectation Leaving Fed ‘Relieved’, Stocks Disappointed
AsiaPac stocks were generally lower heading into the all-important Chinese macro data (S&P -6pts, Japan -0.7%, China -0.2%) as JPY erased Friday’s ramp and crude dropped back below $47. The PBOC left the Onshore Yuan fix practically unchanged (following Friday’s significant devaluation). Then the data hit… China GDP beat expectations (printing 6.9% YoY vs 6.8% exp) but is still the lowest growth since Q1 2009. Industrial Production missed (printing 5.7% YoY vs 6.0% exp).
18 October, 2015 by The TZ Newswire Staff Comments Off on These lighthouses illuminate China’s territorial strategy
These lighthouses illuminate China’s territorial strategy
Constructing lighthouses in the Spratlys was a shrewd move to help buttress China’s territorial claims, say experts.
18 October, 2015 by The TZ Newswire Staff Comments Off on China September data: industrial production, retail sales & fixed asset investment
China September data: industrial production, retail sales & fixed asset investment
In addition to the Q3 GDP, which is the big focues, we’ve also got:
September Retail Sales 10.9 % y/y
– expected +10.8%, prior was +10.8%
– (also September Retail Sales YTD 10.5 % y/y, expected is +10.5%, prior was +10.5%)
September Industrial Production 5.7 % y/y
18 October, 2015 by The TZ Newswire Staff Comments Off on China Q3 GDP 6.9% y/y
China Q3 GDP 6.9% y/y
Chinese GDP for Q3 6.9% y/y, beating expectations slightly
– Expected 6.8%
– Prior was 7.0%
The beat on expectations and just a shade off the 7.0% that Chinese authorities are targeting ‘around’ should, on the face of it, lower the probability, and/or size. of any stimulus measures that may be expected
18 October, 2015 by The TZ Newswire Staff Comments Off on Asian shares near two-month high ahead of China data
Asian shares near two-month high ahead of China data
Asian shares held little changed near two-month highs in early Monday trade, with investors looking to a range of economic data from China for clues to exactly how far China’s growth has cooled down. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed but stayed near its two-month high hit on Friday. Japan’s Nikkei (.N225) slipped 0.2 percent.