21 October, 2015 by The TZ Newswire Staff Comments Off on NZ finmin English: NZ has seen FX rate adjust considerably
NZ finmin English: NZ has seen FX rate adjust considerably
Comments from New Zealand finance minister English:
– Outlook for the Chinese consumer is positive
– Positive on part of China GDP that matters to NZ
– NZ has seen FX rate adjust quite considerably
–
21 October, 2015 by The TZ Newswire Staff Comments Off on Credit Markets Issue Cautionary Stance on Stocks
Credit Markets Issue Cautionary Stance on Stocks
The market’s recent rally is more than just short-covering with buyers attempting to step back in after the August crash, but there’s still damage under the surface when considering market internals and the underlying health of the credit markets, said Patrick Nipper…
21 October, 2015 by The TZ Newswire Staff Comments Off on This is what Goldman thinks about gold prices
This is what Goldman thinks about gold prices
Gold has regained its shine in recent months, but that doesn’t change the dull outlook for the precious metal over the longer-term, warns Goldman.
21 October, 2015 by The TZ Newswire Staff Comments Off on Specialty pharmacies in spotlight as Valeant ties questioned
Specialty pharmacies in spotlight as Valeant ties questioned
Investor concerns over accounting practices at Valeant Pharmaceuticals International Inc (VRX.TO) have put a spotlight on the little-known and fast-growing specialty pharmacy industry. Shares of Valeant fell 19 percent on Wednesday after influential short-seller Citron Research accused the company of using specialty pharmacies, through a network led by its partner Philidor Rx Services, to inflate its revenue, an allegation the drugmaker denied.
21 October, 2015 by The TZ Newswire Staff Comments Off on Asian shares, dollar, euro steady as markets await ECB meeting
Asian shares, dollar, euro steady as markets await ECB meeting
TOKYO/SINGAPORE (Reuters) – Asian shares were mixed on Thursday after a sharp fall in mainland Chinese shares rekindled worries about the health of China’s economy, while investors awaited word from the European Central Bank on its plans regarding additional stimulus. MSCI’s broadest index of Asia-Pacific shares outside Japan , and Japan’s Nikkei (.N225) pared earlier losses, to hold steady at 0247 GMT.
21 October, 2015 by The TZ Newswire Staff Comments Off on U.S. union voting shows support for Fiat Chrysler pact
U.S. union voting shows support for Fiat Chrysler pact
United Auto Workers union members showed overwhelming support in early voting returns on Wednesday night for a proposed four-year labor contract with Fiat Chrysler Automobiles NV (FCAU.N) (FCHA.MI), according to local union hall websites. The UAW is expected to issue on Thursday the final results of the ratification vote on the deal, which will set the tone for upcoming negotiations with General Motors Co (GM.N) and Ford Motor Co (F.N). Large local union halls in Kokomo, Indiana, and Belvidere, Illinois, supported the deal by more than 80 percent, according to their respective websites.
21 October, 2015 by The TZ Newswire Staff Comments Off on Ryan gains support of key conservatives for speaker job
Ryan gains support of key conservatives for speaker job
About two-thirds of the approximately 40 House “Freedom Caucus” members voted to back Ryan for speaker if he contests.