1 May, 2016 by The TZ Newswire Staff Comments Off on Puerto Rico says will default on Government Development Bank debt Monday
Puerto Rico says will default on Government Development Bank debt Monday
Puerto Rico will miss a major debt payment due to creditors Monday, registering the largest default to date for the struggling U.S. territory.
1 May, 2016 by The TZ Newswire Staff Comments Off on Australia – April business confidence 5 (prior 6) & conditions 9 (prior 12)
Australia – April business confidence 5 (prior 6) & conditions 9 (prior 12)
National Australia Bank Business Confidence & business conditions for April 9the survey is of around 400 firms monthly)
Confidence 5
– prior 6
Conditions 9
1 May, 2016 by The TZ Newswire Staff Comments Off on Thai Startup T2P, Creators of DeepPocket e-Wallet App, Receives $1.1 in Funding from 500 Startups
Thai Startup T2P, Creators of DeepPocket e-Wallet App, Receives $1.1 in Funding from 500 Startups
T2P, creators of the e-Wallet App DeepPocket, has received $1.1 million in funding led by Dave McClure’s 500 startups. The funding round also saw participation from Bechnachinda Holding. T2P is based in Thailand and the additional capital will be leveraged to expand their services beyond… Read More
1 May, 2016 by The TZ Newswire Staff Comments Off on Waiting for the PBOC USD/CNY mid-point? Not today, it’s a holiday in China
Waiting for the PBOC USD/CNY mid-point? Not today, it’s a holiday in China
There will be no yuan reference rate, not any open market operations from the People’s Bank of China. It’s the Labour day holiday.
I’m gonna assume this pic is relevant.
1 May, 2016 by The TZ Newswire Staff Comments Off on Why So Worried?
Why So Worried?
1 May, 2016 by The TZ Newswire Staff Comments Off on Australia – Melbourne Institute April inflation: 0.1% m/m (prior 0.0%) 1.5% y/y (prior 1.7)
Australia – Melbourne Institute April inflation: 0.1% m/m (prior 0.0%) 1.5% y/y (prior 1.7)
The Melbourne Institute inflation data is a private measure (the official data comes only once a quarter)
0.1% m/m and 1.5% y/y
– was flat at 0.0% m/m and +1.7% y/y
‘Trimmed mean’ +1.5% y/y
1 May, 2016 by The TZ Newswire Staff Comments Off on The world’s largest sovereign wealth fund is cracking down on executive pay
The world’s largest sovereign wealth fund is cracking down on executive pay
Norway’s sovereign welath fund is launching a crackdown on executive pay, targeting high salaries at firms globally, the FT reports.