The Traderszone Network

I probably shouldn’t put ‘Bank of Korea’ and ‘ease’ into the same headline, just sent the algos haywire
Sorry, not sorry 
Anyway …
Comments from the head of the Bank of Korea, Governor Lee on the Chinese yaun

Baidu is investing heavily into what it calls transaction services, and Baidu Takeout Delivery is a major prong of this long-term strategy.

The wine, beer, and spirits distributor reported another quarter of commendable growth last week. We take a look at where the company is investing its increased profits and cash flow.

Although market focus is on an oil supply surplus, demand side pressures are also hurting prices, senior economist Stephen King warned.

Asian shares skidded on Thursday, taking their cue from steep losses on Wall Street as an overnight rout in oil prices heightened worries about the global economy. Global benchmark Brent (LCOc1) settled down 1.8 percent on Wednesday at $30.31 a barrel, after falling as low as $29.96. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.7 percent in early trade.

West Texas Intermediate (WTI) (CLc1) was up 16 cents at $30.64 a barrel at 0052 GMT (1852 EDT). Brent crude (LCOc1) was yet to trade. Data showing that crude inventories (USOILC=ECI) rose 234,000 barrels last week, much less than expectations, was overshadowed by reported builds of 8.4 million barrels in gasoline (USOILG=ECI) and over 6 million in distillates, which includes diesel and heating oil (USOILD=ECI).

The electric-car maker will take the wraps off of its Model 3 in just a few months. Here’s what investors need to know.