6 July, 2016 by The TZ Newswire Staff Comments Off on S&P revise outlook for Australian govmt bonds to negative (from stable)
S&P revise outlook for Australian govmt bonds to negative (from stable)
S&P revises Australian sovereign credit outlook to negative, from stable
Current rating AAA, affrimed
S&P watching ‘gridlock’ in politics, likely impact on the budget
6 July, 2016 by The TZ Newswire Staff Comments Off on Apple, Inc.’s iPhone SE: a Hit or Miss in China?
Apple, Inc.’s iPhone SE: a Hit or Miss in China?
Launching its iPhone SE in March, Apple (NASDAQ: AAPL) aimed its lowest-cost iPhone at more price-sensitive markets — China in particular. But Apple is actually losing market share in this important market, according to Counterpoint Research (via Bloomberg).
6 July, 2016 by The TZ Newswire Staff Comments Off on CBRC: China’s state-owned banks face severe bad asset pressure
CBRC: China’s state-owned banks face severe bad asset pressure
Headlines via Bloomberg, comment from Cao Yu, Vice Chairman of the China Banking Regulatory Commission
– China’s state-owned banks face severe bad asset pressure
More now (Via Reuters):
6 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Donald Trump defends anti-Clinton tweet with controversial star
The Wall Street Journal: Donald Trump defends anti-Clinton tweet with controversial star
Trump denies anti-Semitic meaning, defends Saddam comments
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6 July, 2016 by The TZ Newswire Staff Comments Off on A Period Of Major Civil Unrest Looms – How To Win An Inevitable Confrontation With The Status Quo
A Period Of Major Civil Unrest Looms – How To Win An Inevitable Confrontation With The Status Quo
6 July, 2016 by The TZ Newswire Staff Comments Off on Tesla ramps up war of words with ‘gun-jumping’ Fortune over Model S crash
Tesla ramps up war of words with ‘gun-jumping’ Fortune over Model S crash
Elon Musk has hit out at Fortune again over reports Tesla was too slow to disclose a fatal crash involving the vehicle’s autopilot.
6 July, 2016 by The TZ Newswire Staff Comments Off on China To Boost "Economic Growth" By Changing Definition Of GDP
China To Boost "Economic Growth" By Changing Definition Of GDP
In the summer of 2013, at a time when the topic of soaring US debt was still paramount to the US public (total debt is now a far more ludicrous, and gargantuan, $19.3 trillion but nobody cares since all the central banks are monetizing global debt at an unprecedented pace and investors are happy to frontrun them, thus keeping yields low) the US surprised everyone by “increasing” GDP, and thus reducing the debt/GDP ratio which was at about 100%, in a very simple way: it changed the definition of GDP, in the process boosting GDP by about $500 billion, or 3%, with the flip of