24 February, 2016 by The TZ Newswire Staff Comments Off on ADVA Optical Networking Reports Audited 2015 IFRS Financial Results in Line With Guidance
ADVA Optical Networking Reports Audited 2015 IFRS Financial Results in Line With Guidance
24 February, 2016 by The TZ Newswire Staff Comments Off on Citi: Risk of global recession rising
Citi: Risk of global recession rising
The risk of the global economy falling into a recession is rising as fundamentals remain poor, Citigroup said in a note Wednesday.
24 February, 2016 by The TZ Newswire Staff Comments Off on PBOC say China’s imports of crude oil will rise
PBOC say China’s imports of crude oil will rise
PBOC dep gov Yi Gang out with a statement
– demand for other commodities will be strong
– will continue to make yuan exchange rate more flexible
– will put more emphasis on basket regime for yuan
Nothing we didn’t already know but repeating the emphasis on yuan value vs basket rather than USD. Plus encouraging news for commodities if proven to be true.
24 February, 2016 by The TZ Newswire Staff Comments Off on Tim Cook says Apple’s defiance of FBI is for ‘public safety’
Tim Cook says Apple’s defiance of FBI is for ‘public safety’
Tim Cook says he would build a new operating system for the iPhone – one that nixes security features the Federal Bureau of Investigation claims paralyze investigations – if the world were perfect.
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24 February, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Yen slips a little more during Asia
ForexLive Asia FX news wrap: Yen slips a little more during Asia
Forex news for Asia trading Thursday 25 February 2016
Bullard:
Japan
Australia/NZ
A falling yen during US trading continued on here in Asia. Initial resistance around 112.20 saw a dip under the figure, which didn’t last and USD/JPY is back to new session highs as I update. Chatter of exporter offers around 112.50 didn’t hold it, and as I sign off the 40-year JGB yield has dipped under 1% for the first time..
24 February, 2016 by The TZ Newswire Staff Comments Off on EMs are the trade of the decade, says Pimco adviser
EMs are the trade of the decade, says Pimco adviser
Battered emerging markets are the trade of a decade for long-term investors, according to an top adviser to Pimco.
24 February, 2016 by The TZ Newswire Staff Comments Off on XPO Logistics Hits an Earnings Speed-Bump
XPO Logistics Hits an Earnings Speed-Bump
Revenue jumped at the logistics company, but losses were more than expected.