17 April, 2016 by The TZ Newswire Staff Comments Off on Asia Markets: Asian stocks drop as oil prices fall sharply
Asia Markets: Asian stocks drop as oil prices fall sharply
Stocks in Asia fell sharply early Monday after major oil producers failed to reach an agreement to curtail production in Doha over the weekend.
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17 April, 2016 by The TZ Newswire Staff Comments Off on Visualizing The History Of Credit Cards
Visualizing The History Of Credit Cards
Today, credit cards are one of the most important sources of big bank profits. However, a look at the history of credit cards shows that things weren’t always that way.
17 April, 2016 by The TZ Newswire Staff Comments Off on China March home prices: All China new home prices +4.9% y/y (prior +3.6%)
China March home prices: All China new home prices +4.9% y/y (prior +3.6%)
New life for the property market continues in China. Friday’s lending figures showed a huge jump … perhaps indicating problems down the track though.
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Also, out at the same time:
17 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Verizon appears to lead pack of Yahoo bidders
The Wall Street Journal: Verizon appears to lead pack of Yahoo bidders
Verizon Communications Inc.’s pursuit of Yahoo Inc.
17 April, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.4787 (vs. Friday’s 6.4908 )
PBOC sets USD/CNY mid-point today at 6.4787 (vs. Friday’s 6.4908 )
Also, CFETS (China Foreign Exchange Trading System) set the index (i.e. the yuan against the basket of currencies) at 97.38 on Friday (down 0.26% on the week)
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17 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Toyota, other factories in Japan shut down after quakes
The Wall Street Journal: Toyota, other factories in Japan shut down after quakes
Tens of thousands of people on Japan’s southern island of Kyushu were living in temporary shelters and companies including Toyota Motor Corp.
17 April, 2016 by The TZ Newswire Staff Comments Off on What Is The Worst-Case Outcome Of Helicopter Money: Deutsche Bank Explains
What Is The Worst-Case Outcome Of Helicopter Money: Deutsche Bank Explains
Now that the next and final phase of unorthodox monetary policy, i.e., helicopter money, has had the blessing of both Mario Draghi and Ben Bernanke, and is virtually assured, there are three questions: how to trade it; where will it be implemented first (and certainly not last), and how will it all end.