3 November, 2015 by The TZ Newswire Staff Comments Off on China says will accelerate elimination of obsolete & excess capacity at SEOs
China says will accelerate elimination of obsolete & excess capacity at SEOs
China’s State Council says it will accelerate elimination of obsolete and excess production capacity at state-owned enterprises
Headlines via Reuters
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Says dividends and income from state-owned assets will be used to replenish pension funds and social security funding gaps
3 November, 2015 by The TZ Newswire Staff Comments Off on Regional equities having a bumper day, Japan, China both up strongly
Regional equities having a bumper day, Japan, China both up strongly
For the Nikkei it’s the strong debut for the Japan Post IPOs
The Nikkei is up nearly 2.5%
Now closed for the lunch break
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Meanwhile the Shanghai Composite is +1.7%
3 November, 2015 by The TZ Newswire Staff Comments Off on America’s Endangered Species: Uneducated, Middle-Aged, White
America’s Endangered Species: Uneducated, Middle-Aged, White
Submitted by Eric Zuesse, author of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.young ones, and not of old ones, and
A Scientific Study Shows that in U.S., Uneducated Whites Are Now Dying Younger
3 November, 2015 by The TZ Newswire Staff Comments Off on Moody’s poll on China: "Muted Growth Expectations, but Financial Crisis Unlikely"
Moody’s poll on China: "Muted Growth Expectations, but Financial Crisis Unlikely"
poll at offshore credit briefings in London, Paris and New York in October
Moody’s
130 respondents to the poll
– Expect GDP growth to slow to 6.5% or lower in 2016
More:
3 November, 2015 by The TZ Newswire Staff Comments Off on China Services PMI Rises (And Falls); Stocks Jump Led By Brokers, Exchanges On Shenzhen Trading Link Resumption
China Services PMI Rises (And Falls); Stocks Jump Led By Brokers, Exchanges On Shenzhen Trading Link Resumption
Following Caixin China Manufacturing’s ‘surprise’ jump higher (in the face of the official PMI flat), Caixin Services PMI just beat expectations and bounced considerably to a ‘healthy expanding’ 52.0 (despite official Services PMI plunge), bringing the Composite PMI to 49.9 – thus proving that billions of dollars of liquidity injections, market interventions, debt transfers to SOEs, arrests, shootings, and general thuggery has fixed China. For now stocks are rallying on this news but offshore Yuan is continuing to leak back to Friday’s lows.
3 November, 2015 by The TZ Newswire Staff Comments Off on Why Malaysia may have hit bottom
Why Malaysia may have hit bottom
Malaysia’s hard-hit stock market is getting a less-than-ringing endorsement: Deutsche Bank says things aren’t likely to get worse.
3 November, 2015 by The TZ Newswire Staff Comments Off on Hugh Hendry Says "Don’t Panic"; Here Is Paul Singer Explaining Why You May Want To
Hugh Hendry Says "Don’t Panic"; Here Is Paul Singer Explaining Why You May Want To
Earlier today, we presented the latest outlook by reformed bull Hugh Hendry, who had one message for his readers : “it is ironic that we are perhaps best known for advising “that you panic”. However, if you are anxious at the wrong time it can prove very painful.