8 June, 2016 by The TZ Newswire Staff Comments Off on A Snapchat IPO in 2017?
A Snapchat IPO in 2017?
Image source: Snapchat.
There are only five privately held start-ups in the world valued at or higher than Snapchat’s recent $20 billion valuation.
8 June, 2016 by The TZ Newswire Staff Comments Off on Samsung’s Next-Gen Smartphones Could Be Revolutionary
Samsung’s Next-Gen Smartphones Could Be Revolutionary
Image source: Samsung.
After years of double-digit growth, smartphones have finally met a fate similar to tablets, desktop computers, and laptop PCs: slowing shipments amid market saturation. Information technology research company Gartner now expects smartphone shipments to slow to 7% growth this year, down from the 14.4% growth the industry experienced last year.
8 June, 2016 by The TZ Newswire Staff Comments Off on The Federal Reserve’s Strange Behavior Makes Perfect Sense
The Federal Reserve’s Strange Behavior Makes Perfect Sense
8 June, 2016 by The TZ Newswire Staff Comments Off on Nakaso: BOJ will take additional steps if needed to hit price goal
Nakaso: BOJ will take additional steps if needed to hit price goal
BOJ’s Nakaso
– Japan’s economy expected to expand moderately
– 2% inflation target expected to be hit in fiscal 2017/18
– It takes some time for the effect of monetary policy to appear in economy
He’s riding it close to the middle of the road. He talks about easing but also about the lagged effects of earlier easing.
8 June, 2016 by The TZ Newswire Staff Comments Off on China inflation cools in May, fueling stimulus expectations
China inflation cools in May, fueling stimulus expectations
Price pressures in the world’s most populous country eased last month, data on Thursday showed.
8 June, 2016 by The TZ Newswire Staff Comments Off on New Zealand dollar soars on RBNZ surprise
New Zealand dollar soars on RBNZ surprise
The New Zealand dollar took center stage in early Asian trade on Thursday.
8 June, 2016 by The TZ Newswire Staff Comments Off on China May consumer price index +2.0% vs +2.2% y/y expected
China May consumer price index +2.0% vs +2.2% y/y expected
May inflation data from China
Consumer price index
– Prior +2.3% y/y (unrevised)
– -0.5% m/m
Producer price index
– PPI -2.8% y/y vs -3.2% exp
– Prior -3.4% y/y (unrevised)
These numbers are beginning to open a window for the PBOC to do more.