25 January, 2016 by The TZ Newswire Staff Comments Off on Data looks dire on Alibaba revenue growth
Data looks dire on Alibaba revenue growth
Alibaba is expected to post its weakest quarterly revenue growth on record, Thomson Reuters data shows, when it releases results on Jan. 28.
25 January, 2016 by The TZ Newswire Staff Comments Off on NZ data – December Credit Card Spending: 7.4% y/y (prior 8.5%)
NZ data – December Credit Card Spending: 7.4% y/y (prior 8.5%)
New Zealand December Credit Card Spending: % y/y (prior 8.5%)
– And -0.8% m/m (prior 0.7)
more to come
25 January, 2016 by The TZ Newswire Staff Comments Off on Moody’s says China banks face higher risks, loan delinquencies
Moody’s says China banks face higher risks, loan delinquencies
Moody’s says that banks in China will
face a higher degree of uncertainty, risks and more loan delinquencies
More uncertainty, and therefore risk, amid
increased volatility in
25 January, 2016 by The TZ Newswire Staff Comments Off on Tyco shows how to achieve growth in a no-growth environment
Tyco shows how to achieve growth in a no-growth environment
Tyco’s 7% spike, amid a pressured market, is emblematic of a broader trend: Companies searching for earnings power in a low-growth macro environment.
25 January, 2016 by The TZ Newswire Staff Comments Off on U.S. judge asked to remove lead lawyers for GM switch plaintiffs
U.S. judge asked to remove lead lawyers for GM switch plaintiffs
A U.S. judge was asked on Monday to remove three lawyers from their leadership roles in litigation against General Motors Co (GM.N) over a faulty ignition switch linked to nearly 400 injuries and deaths, after the stunning collapse last week of the first federal test trial over the part.
25 January, 2016 by The TZ Newswire Staff Comments Off on U.S. crude drops back below $30 as Iraq adds record output
U.S. crude drops back below $30 as Iraq adds record output
U.S. crude futures dropped back below $30 a barrel in Asian trading on Tuesday, extending a near 6 percent fall made in the previous session, amid news that Iraq’s output reached a record high last month. …
25 January, 2016 by The TZ Newswire Staff Comments Off on Asian shares, oil skid as growth concerns dominate
Asian shares, oil skid as growth concerns dominate
Asian shares look set to retreat and oil prices to resume their descent after investors used rebounds over the last two days to offload risk assets as fears of a global economic slowdown show no sign of abating. Japan’s Nikkei (.N225) fell 2.2 percent while South Korean shares dropped 0.6 percent (.KS11). MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent after two days of gains.