12 July, 2016 by The TZ Newswire Staff Comments Off on More from Fed’s Mester: Fed not behind the curve, gradual path appropriate
More from Fed’s Mester: Fed not behind the curve, gradual path appropriate
Nothing surprising in these comments from Federal Reserve Cleveland head Dr. Loretta Mester – she’s said these before in one form or another
– The Fed is not behind the curve on rate
12 July, 2016 by The TZ Newswire Staff Comments Off on Why DRDGOLD Ltd. Is Losing Its Luster
Why DRDGOLD Ltd. Is Losing Its Luster
Image source: Getty Images.
What: Shares of DRDGOLD (NYSE: DRD), a South African gold miner, tumbled as much as 16% during Tuesday’s trading session, following a downgrade from JPMorgan Chase.
12 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Large Valeant stakeholder dumps all of its shares
The Wall Street Journal: Large Valeant stakeholder dumps all of its shares
A mutual fund hurt by a large bet on Valeant Pharmaceuticals International Inc.
12 July, 2016 by The TZ Newswire Staff Comments Off on Fed’s Mester heartened by US job rebound in June, expects gradual rate rises
Fed’s Mester heartened by US job rebound in June, expects gradual rate rises
The sharp rebound in U.S. job growth last month eased concerns that the country’s labor market had regressed, a top Fed official said on Wednesday.
12 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: South Korean Volkswagen exec indicted over emissions scandal
The Wall Street Journal: South Korean Volkswagen exec indicted over emissions scandal
An executive at Volkswagen AG’s South Korean unit has been indicted on charges of submitting manipulated emissions data to authorities and violating an air-quality law.
12 July, 2016 by The TZ Newswire Staff Comments Off on Fitch says policy uncertainty in Australia has risen after the election
Fitch says policy uncertainty in Australia has risen after the election
Fitch flogging a dead horse here. PM Turnbull has achieved a workable majority. Still, there will be some uncertainty as its a thin margin
More from Fitch:
– Policy implementation will be more challenging than in previous Parliament
12 July, 2016 by The TZ Newswire Staff Comments Off on China’s Premier Li says China maintained sound economic growth in Q2
China’s Premier Li says China maintained sound economic growth in Q2
China’s Premier Li speaking in Beijing
– Says hopes EU will relax export controls on china
– Says he hopes EU will create stable environment for bilateral trade
Headlines via Reuters