29 November, 2015 by The TZ Newswire Staff Comments Off on Newly-Completed Fukushima ‘Containment’ Wall Already "Slightly Leaning"
Newly-Completed Fukushima ‘Containment’ Wall Already "Slightly Leaning"
Just weeks after re-starting the building of a giant ice-wall to contain groundwater leaking from the Fukushima nuclear plant, TEPCO has been forced to admit that a 780-meter protective wall built alongside the crippled power station (completed only last month and designed to prevent contaminated groundwater from seeping into the sea) is already “slightly leaning.” While this sounds a lot like being half-pregnant, TEPCO remains ‘optimistic’ that the
29 November, 2015 by The TZ Newswire Staff Comments Off on USD/CNH sold … PBOC intervention?
USD/CNH sold … PBOC intervention?
Reports of USD/CNH selling by ‘large-sized’ Chinese banks
Possible (I would suggest likely) People’s Bank of China intervention
reminder … ‘CNH’ is the offshore yuan
29 November, 2015 by The TZ Newswire Staff Comments Off on Bitcoin Reputation Startup Bonafide to Shut Down
Bitcoin Reputation Startup Bonafide to Shut Down
Bitcoin reputation startup Bonafide has elected to cease operations and commence liquidation less than one year after raising $850,000.
29 November, 2015 by The TZ Newswire Staff Comments Off on Turkey’s Trump Card: Erdogan Can Cut Russia’s Syrian Supply Line By Closing Bosphorus
Turkey’s Trump Card: Erdogan Can Cut Russia’s Syrian Supply Line By Closing Bosphorus
On Saturday, Russia unveiled a raft of economic sanctions against Turkey in retaliation for Ankara’s brazen move to shoot down an Su-24 warplane near the Syrian border. Charter flights to Turkey are now banned, Turkish imports will be curbed, visa-free travel is no more, Russian tourism companies are forbidden from selling travel packages that include a stay in Turkey, and Turkish firms will face restrictions on their economic activity.
29 November, 2015 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda is starting to convince he can revive inflation without extra monetary easing
BOJ’s Kuroda is starting to convince he can revive inflation without extra monetary easing
We’ve had some
comments from Bank of Japan Governor Kuroda today, posted here
Here is an earlier piece via Bloomberg, over the weekend:
Bank of Japan Governor Haruhiko Kuroda is starting to convince bond investors he can revive inflation without extra monetary easing.
29 November, 2015 by The TZ Newswire Staff Comments Off on "You Are Here"… And It Is A Scary Place
"You Are Here"… And It Is A Scary Place
Technically, the third quarter earnings season is not exactly over: 2% of companies are still left to report. Untechnically, it is, and with 98% of S&P500 companies now in the history books, 74% of the companies in the index have reported earnings above the mean estimate but 45%
of the companies have reported sales above the mean estimate.
But while gaming analyst estimates is the oldest trick in the book (and even so more than half of companies are failing to beat on sales), a truly dire picture is revealed when one steps back and looks at the data in historical basis.
29 November, 2015 by The TZ Newswire Staff Comments Off on Asian shares off to cautious start; China shares, ECB eyed
Asian shares off to cautious start; China shares, ECB eyed
Asian shares were on edge on Monday after a sharp fall in Chinese markets in the previous session, while the euro hovered near seven-month low as the currency braced for the European Central Bank’s monetary easing later this week. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent as South Korean stocks fell 0.9 percent. Japan’s Nikkei dropped 0.3 percent.