9 December, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Nikkei lower as investors look ahead to potential Fed rate hike
Asia Markets: Nikkei lower as investors look ahead to potential Fed rate hike
Investors are taking positions in anticipation of the first rise in U.S. interest rates since 2006 when the Fed concludes its meeting on Dec.
9 December, 2015 by The TZ Newswire Staff Comments Off on China’s vehicle sales Nov yy +20.0% vs +11.8% prev
China’s vehicle sales Nov yy +20.0% vs +11.8% prev
Latest data now out. Reuters reporting
– Jan-Nov vehicle sales yy +3.3% vs +6.1% a year ago
Better data but not going to change the bigger picture
9 December, 2015 by The TZ Newswire Staff Comments Off on Winter holiday travel to be busier this year: U.S. airlines group
Winter holiday travel to be busier this year: U.S. airlines group
U.S. carriers are expected to fly 38.1 million passengers worldwide from Dec. 18 through Jan. 3, up 3 percent from a year earlier, Washington-based trade group Airlines for America said in a news release. “We attribute the increase to the improving economy and the fact that airfare remains affordable, having declined 4.3 percent through the first nine months of the year,” the group’s chief economist, John Heimlich, said in the release. The group said airlines will use larger planes to match the demand.
9 December, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart enters mobile payment with launch of Walmart Pay
Wal-Mart enters mobile payment with launch of Walmart Pay
Walmart Pay will be introduced in select U.S. stores on Thursday and in additional stores after the holiday season, Wal-Mart executives said on a video call with reporters on Wednesday. Walmart Pay will be available on devices using Apple’s (AAPL.O) iOS or Alphabet Inc’s (GOOGL.O) Android operating system and allows payments with any major credit, debit, pre-paid or Walmart gift cards, the company said.
9 December, 2015 by The TZ Newswire Staff Comments Off on GM fund approves $594.5 million in ignition claims
GM fund approves $594.5 million in ignition claims
General Motors Co’s (GM.N) independent fund set up to compensate victims of accidents involving faulty ignition switches awarded $594.5 million and approved 399 death and injury claims, the fund said on Thursday. The fund run by compensation expert Ken Feinberg said 91 percent of proposed awards were accepted by the victims. The fund covered injury and death claims in 2.6 million cars recalled from 2003 through 2011.
9 December, 2015 by The TZ Newswire Staff Comments Off on More pain for oil but damage mostly done: Expert
More pain for oil but damage mostly done: Expert
There will be “more pain” before oil markets get “more confident or comfortable” says Credit Suisse’s co-head of global oil and gas research.
9 December, 2015 by The TZ Newswire Staff Comments Off on Option expiries 10am NY cut today 10 Dec
Option expiries 10am NY cut today 10 Dec
Here’s what the DTCC have listed at the moment
– USDJPY 122.50 (233m) 122.70 (250m)
– EURUSD 1
– GBPUSD None at present
– USDCAD 1.3450 (USD 274m)
– AUDUSD 0.7000 (AUD 558m) 0.7025 (869m) 0.7050 (279m) 0.7075 (299m) 0.7100 (373m)
Notable expiries for tomorrow