4 January, 2016 by The TZ Newswire Staff Comments Off on Some Canadians May Eat Themselves To Death Unless Oil Prices Rise, Doctor Warns
Some Canadians May Eat Themselves To Death Unless Oil Prices Rise, Doctor Warns
Late last month in “This Is Canada’s Depression: Surging Crime, Soaring Suicides, Overwhelmed Food Banks ‘And The Worst Is Yet To Come,’” we took a sweeping look at what is truly pitiable situation in Alberta, the heart of the Canadian oil patch.
4 January, 2016 by The TZ Newswire Staff Comments Off on Australia is among the wildest frontiers for online FX cowboys
Australia is among the wildest frontiers for online FX cowboys
The Australian Financial Review report on moves to keep Australian regulation of forex brokers very limited indeed.
Foreign exchange trading has become an online cowboy country, and Australia is among the wildest frontiers.
It says such a policy (quarantining client funds) is a ‘no brainer’.
4 January, 2016 by The TZ Newswire Staff Comments Off on After Tumbling At Open, Chinese Stocks Erase All Losses
After Tumbling At Open, Chinese Stocks Erase All Losses
It’s a miracle…
SHANGHAI COMPOSITE INDEX SET TO OPEN DOWN 3% … 20 Minutes later… SHANGHAI COMPOSITE INDEX ERASES LOSS, RISING 0.3%
— zerohedge (@zerohedge) January 5, 2016
“Someone” stepped in and bid the entire Chinese market higher off its huge opening gap down…
4 January, 2016 by The TZ Newswire Staff Comments Off on Two charts suggest the market rout in China is far from over
Two charts suggest the market rout in China is far from over
On Monday, U.S. investors awoke to stock futures in the red, as the Shanghai Composite Index had closed lock-limit down. For the first time, its new circuit breakers got a test drive. The two questions everyone is asking: (1) How much farther can Chinese markets sink, and (2) Will they drag U.S. markets with them?
4 January, 2016 by The TZ Newswire Staff Comments Off on Asia shares fall again, need China support
Asia shares fall again, need China support
Asian share markets were on the ropes for a second straight session on Tuesday as investors waited anxiously to see if Beijing can head off the latest selling stampede in Chinese stocks. An unnerving combination of global economic concerns and escalating tensions in the Middle East kept pressure on commodity prices while bolstering safe-haven sovereign bonds. Japan’s Nikkei (.N225) slipped another 0.5 percent, adding to Monday’s 3.1 percent dive.
4 January, 2016 by The TZ Newswire Staff Comments Off on China stocks face moment of truth after unprecedented trading halt
China stocks face moment of truth after unprecedented trading halt
China’s six-month-old campaign to calm share markets will be put to the test when stocks reopen on Tuesday, a day after selling triggered an unprecedented trading halt and risked undermining state rescue efforts estimated to have cost around $140 billion. China’s major stock exchanges tanked on the first trading day of the year on Monday, triggering a “circuit-breaker” that halted equities trade nationwide for the first time and put at risk months of regulatory work to restore market stability.
4 January, 2016 by The TZ Newswire Staff Comments Off on Exclusive: Dalian Wanda clinches deal for Legendary Entertainment – source
Exclusive: Dalian Wanda clinches deal for Legendary Entertainment – source
Wanda, controlled by China’s richest man, Wang Jianlin, will own a little more than half of Legendary Entertainment, with Legendary founder and Chief Executive Officer Thomas Tull and the rest of its management owning the remainder, the person said on Monday. Wanda may also list its film production and distribution unit by the end of 2016, its company founder was quoted as saying in an interview with Caixin Weekly financial magazine in November.