20 January, 2016 by The TZ Newswire Staff Comments Off on We Know How This Ends – Part 2
We Know How This Ends – Part 2
20 January, 2016 by The TZ Newswire Staff Comments Off on Japan PM Abe aide says the conditions are right for more BOJ easing
Japan PM Abe aide says the conditions are right for more BOJ easing
The Wall Street Journal with a story on Bank of Japan advice from one of Japan PM Abe’s ‘close’ aides
– Says the BOJ should should expand its easing
– The conditions are in place to do so
20 January, 2016 by The TZ Newswire Staff Comments Off on PBOC economist Ma Jun says overuse of RRR cut is bad for the exchange rate
PBOC economist Ma Jun says overuse of RRR cut is bad for the exchange rate
People’s Bank of China’s Ma Jun in China Business News (via Bloomberg)
– Says overuse of RRR cut is bad for the exchange rate
–
he was speaking in an interview
20 January, 2016 by The TZ Newswire Staff Comments Off on Canada’s "Other" Problem: Record High Household Debt
Canada’s "Other" Problem: Record High Household Debt
Earlier today, the Bank of Canada surprised some market participants by failing to cut rates.
True, the loonie was plunging and another rate cut might very well have accelerated the decline, further eroding the purchasing power of Canadians who are already struggling to keep up with the inexorable rise in food prices, but there are other, more pressing concerns.
20 January, 2016 by The TZ Newswire Staff Comments Off on Disaster Planning: 5 Things to Put in Your Financial Emergency Kit
Disaster Planning: 5 Things to Put in Your Financial Emergency Kit
Don’t let unexpected emergencies catch you off guard.
20 January, 2016 by The TZ Newswire Staff Comments Off on U.S. crude oil prices stabilize but market sentiment remains bearish
U.S. crude oil prices stabilize but market sentiment remains bearish
U.S. crude oil prices stabilized in early Asian trade on Thursday after hitting fresh 2003 lows the session before, but analysts said a persistent global glut would keep pressuring markets. U.S. oil futures crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets as traders worried that a huge oversupply in oil was coinciding with an economic slowdown, especially in China.
20 January, 2016 by The TZ Newswire Staff Comments Off on Viacom cut pay for Redstone, CEO Dauman in 2015
Viacom cut pay for Redstone, CEO Dauman in 2015
Media giant Viacom Inc said on Wednesday it cut the compensation of its top two executives, Executive Chairman Sumner Redstone and Chief Executive Philippe Dauman, as the company faced business pressures and a sharp drop in its share price. Although Viacom did not give exact reasons for the pay cuts, they were disclosed amid much criticism of the company’s high compensation and as the 92-year-old Redstone faces questions about his health and leadership abilities. In a statement, Viacom said for its fiscal year ended Sept.