9 December, 2015 by The TZ Newswire Staff Comments Off on Chinese billionaire bets on Vegas for Tesla challenge
Chinese billionaire bets on Vegas for Tesla challenge
Jia Yueting is betting Las Vegas will give him the winning hand in the electric car market. In fact, he’s gambling $1 billion on it.
9 December, 2015 by The TZ Newswire Staff Comments Off on Asia slips as weak oil feeds growth worries, euro bullish
Asia slips as weak oil feeds growth worries, euro bullish
TOKYO/SINGAPORE (Reuters) – Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker poured cold water on market expectations of more easing by the European Central Bank. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.3 percent. Japan’s Nikkei (.N225) fell 1.3 percent to hit a five-week low and Australian shares (.AXJO) dropped 1.5 percent.
9 December, 2015 by The TZ Newswire Staff Comments Off on Any DuPont, Dow Chemical marriage could reignite European deals
Any DuPont, Dow Chemical marriage could reignite European deals
Syngenta, the world’s largest agrochemicals company, fended off a $47 billion offer from U.S. group Monsanto (MON.N) in August and reportedly rejected a $42 billion pursuit by state-owned China National Chemical Corp or ChemChina last month. Syngenta’s U.S.-listed shares rose more than 7 percent and closed up 1.69 percent at 366.10 Swiss Francs on Wednesday in Switzerland.
9 December, 2015 by The TZ Newswire Staff Comments Off on Does Fear Lead To Fascism?
Does Fear Lead To Fascism?
Submitted by John Whitehead via The Rutherford Institute,
“No one can terrorize a whole nation, unless we are all his accomplices.”—Edward R. Murrow, broadcast journalist
America is in the midst of an epidemic of historic proportions.
9 December, 2015 by The TZ Newswire Staff Comments Off on China markets trade higher, IPO reforms in focus
China markets trade higher, IPO reforms in focus
Chinese stocks bucked a downward trend in Asian markets to trade higher as investors digest news of IPO reforms from Beijing.
9 December, 2015 by The TZ Newswire Staff Comments Off on FOMC December hike: Options market could provoke a wave of selling pressure in equities
FOMC December hike: Options market could provoke a wave of selling pressure in equities
JPMorgan’s Marko Kolanovic comments on option expiries around the time of the FOMC December meeting
(With thanks to Jerry in the comments for the heads up to this)
9 December, 2015 by The TZ Newswire Staff Comments Off on In Lehman Rerun, Banks Are Buying Protection Against Their Own Systemic Demise Again
In Lehman Rerun, Banks Are Buying Protection Against Their Own Systemic Demise Again
At the peak of the craziness of the last cycle, banks took to protecting themselves by buying (credit) protection on other banks as a ‘hedge’ for systemic risk (which instead exacerbated contagion concerns, seemingly missing the facts that their bids drove risk wider, increaing counterparty risks, and that the inevitable collapse required to trigger these trades would also mean the payoffs to the ‘hedges’ would never be realized).