20 April, 2016 by The TZ Newswire Staff Comments Off on Is This a Bullish Sign for Microsoft Corporation and Intel Corporation?
Is This a Bullish Sign for Microsoft Corporation and Intel Corporation?
Do investors finally recognize that the two tech behemoths are no longer reliant on a dying PC market?
20 April, 2016 by The TZ Newswire Staff Comments Off on Australia: NAB Q1 Business Confidence 4 (prior 5 )
Australia: NAB Q1 Business Confidence 4 (prior 5 )
Data from National Australia Bank – their Q1 business confidence and conditions
– Confidence at 4 , prior was 5, revised from 4
– Conditions 9 (prior 10), Conditions next 3 months 15 (form 13)
Key points:
20 April, 2016 by The TZ Newswire Staff Comments Off on George Soros Warns "China Resembles US In 2008", Hard Landing "Practically Unavoidable"
George Soros Warns "China Resembles US In 2008", Hard Landing "Practically Unavoidable"
China’s credit growth in March (and $1 trillion surge in total social financing in Q1) is a “warning sign” according to billionaire George Soros, “because it shows how much work is needed to stop the slowdown.” Speaking at an event in new York this evening, Soros commented on “troubling developments” in China, the anti-corruption drive’s impact on capital outflows and the real-estate bubble “feeding on itself.” His conclusion, rather ominously, was that despite all the naysayers and fiction-peddlers, China “resembles US in
20 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Donald Trump to polish his campaign: ‘I’m not going to blow it’
The Wall Street Journal: Donald Trump to polish his campaign: ‘I’m not going to blow it’
Donald Trump, after notching a big win in New York, is planning to roll out significant changes in his campaign, including giving a policy speech on foreign affairs and using teleprompters and a speechwriter.
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20 April, 2016 by The TZ Newswire Staff Comments Off on Reuters Survey: Japan companies oppose expansion of negative interest rate policy
Reuters Survey: Japan companies oppose expansion of negative interest rate policy
Reuters Corporate Survey in Japan, expressing doubts over Bank of Japan policy:
– 78% said they were not in favour of further negative rates
– “Monetary policy has reached its limit,” wrote a manager at a chemicals company. “Easing policy further would only reduce trust in Japanese government debt.”
20 April, 2016 by The TZ Newswire Staff Comments Off on People’s Bank of China sets yuan reference rate at 6.4803 (vs. yesterday at 6.4579)
People’s Bank of China sets yuan reference rate at 6.4803 (vs. yesterday at 6.4579)
And, PBOC injects 260bn yuan via 7-day reverse repos
Yowza … big cut for the CNY, and another big injection today
20 April, 2016 by The TZ Newswire Staff Comments Off on Weaker Soda Volumes Hit Coca-Cola’s First-Quarter Results
Weaker Soda Volumes Hit Coca-Cola’s First-Quarter Results
The iconic non-alcoholic beverage company reported middling organic revenue growth during the first quarter of the year. A familiar culprit — softer sales of sweetened carbonated beverages — is to blame.