17 March, 2016 by The TZ Newswire Staff Comments Off on Asia markets mostly higher as oil climbs
Asia markets mostly higher as oil climbs
Asian markets were mostly higher Friday after oil prices hit their highs for this year. But a stronger yen weighed Japan’s shares.
17 March, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: EU leaders reach consensus on migrant deal to offer Turkey
The Wall Street Journal: EU leaders reach consensus on migrant deal to offer Turkey
European leaders settled their differences on what to offer Turkey to win its help with the bloc’s migration crisis on Thursday night, but they acknowledged that striking a deal with the Turkish premier this week was far from certain.
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17 March, 2016 by The TZ Newswire Staff Comments Off on Yen stands tall as dollar weakens
Yen stands tall as dollar weakens
The yen stood within reach of a 17-month high against the dollar early on Friday, with the Fed’s cautious stance taking a toll on the U.S. currency.
17 March, 2016 by The TZ Newswire Staff Comments Off on A First-Hand Account Of What’s Really Happening In Subprime Auto
A First-Hand Account Of What’s Really Happening In Subprime Auto
“Originate-to-sell practices are not and have never been prevalent.”
That’s a quote from Citi’s Mary Kane who, in a note out in late January, sought to dispel the notion that subprime auto was the next “Big Short.”
While it may be true that ABS as a percentage of total auto loan origination has been range-bound between 15% and 30% for more than a decade, there’s almost no question that the ability to securitize certain loans is helping to fuel subprime auto.
17 March, 2016 by The TZ Newswire Staff Comments Off on After Its Earnings Pop, Is Square a Buy Today?
After Its Earnings Pop, Is Square a Buy Today?
Amid signs of progress, is the hitherto unprofitable mobile payments darling finally a buy?
17 March, 2016 by The TZ Newswire Staff Comments Off on The Gloves Are Off: Trump Accuses Hillary Of Being "Involved In Corruption For Most Of Her Professional Life"
The Gloves Are Off: Trump Accuses Hillary Of Being "Involved In Corruption For Most Of Her Professional Life"
It’s popcorn time.
17 March, 2016 by The TZ Newswire Staff Comments Off on China property prices for February: ‘All China’ new home prices +3.6% y/y
China property prices for February: ‘All China’ new home prices +3.6% y/y
– Shanghai new home prices +20.6% y/y (prior +17.5)
– ‘All China’ (Reuters calculation) new home prices +3.6% y/y (+2.5% prior)
– China February new home prices rise y/y in 32 cities (was 25 in January)
Flows of investment back into property continue. Ever since the stock market got trashed the old standby, property, has come back into vogue.