7 December, 2015 by The TZ Newswire Staff Comments Off on China Chokes As Beijing Issues "Red Pollution Alert" For First Time Ever
China Chokes As Beijing Issues "Red Pollution Alert" For First Time Ever
Just a week after Beijing’s major literally had his head saved, thanks to a cold front which swept away some of the worst pollution ever, the city has raised the alarm once again.. but this time to a record level. For the first time ever, the municipal government has issued a so-called red pollution alert – imposed car bans and suspending schools – after acrid-smelling haze returned to the Chinese capital.
7 December, 2015 by The TZ Newswire Staff Comments Off on Changes afoot at the Reserve Bank of Australia, gathering Moss
Changes afoot at the Reserve Bank of Australia, gathering Moss
Whats the difference between an RBA and a Rolling Stone?
(That’s the best I could do …)
Allan Moss, former chief executive officer of Macquarie has been appointed to the Reserve Bank of Australia’s board
7 December, 2015 by The TZ Newswire Staff Comments Off on Japan economy minister Amari: GDP data was a good surprise
Japan economy minister Amari: GDP data was a good surprise
Comments from Japan’s economy minister Amari crossing on the Bloomberg
– Says the GDP data was a good surprise
and it shows Japan avoided a recession (or ‘technical’ recession, if you’re not quite ready to let go yet)
7 December, 2015 by The TZ Newswire Staff Comments Off on Weimar Greece – The Effects Of A Currency Collapse
Weimar Greece – The Effects Of A Currency Collapse
Submitted by Jeff Thomas via InternationalMan.com,
Cash is a scarce commodity in Greece.
In June, Greek banks declared a surprise limitation on how much could be withdrawn from an account. At present, the government still limits the cash withdrawals of Greeks.
7 December, 2015 by The TZ Newswire Staff Comments Off on 3 Apple Inc. iPhone 7 Rumors That Are Probably Bogus
3 Apple Inc. iPhone 7 Rumors That Are Probably Bogus
A look at why these three iPhone 7 rumors just don’t pass the sniff test.
7 December, 2015 by The TZ Newswire Staff Comments Off on Buy USD/CHF ahead of the SNB – Credit Suisse
Buy USD/CHF ahead of the SNB – Credit Suisse
The SNB is going to cut, the Swiss bank says
Credit Suisse in its weekly tactical FX pick to clients:
“Our view is that the SNB will still cut this Thursday, most likely
by 25bp to -1.00bp. Although Draghi did not deliver to market
expectations, our Swiss Economic Research team still believes that it will be
important for the SNB’s credibility to respond to the ECB cut, especially when
domestic data are so weak,” Credit Suisse projects.
7 December, 2015 by The TZ Newswire Staff Comments Off on Oil price rout hits energy shares, dollar firm
Oil price rout hits energy shares, dollar firm
Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near seven-year lows knocked global energy company shares and commodity currencies. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4 percent, erasing all the gains made so far this month, with resource-heavy Australian shares (.AXJO) leading decline with a fall of 0.9 percent.