23 August, 2016 by The TZ Newswire Staff Comments Off on New York Times says suspected Russian hackers targeted Moscow bureau
New York Times says suspected Russian hackers targeted Moscow bureau
The New York Times said on Tuesday its Moscow bureau was targeted by a cyber attack this month but that there was no evidence the hackers, believed to be Russian, were successful.
23 August, 2016 by The TZ Newswire Staff Comments Off on SA rand tumbles as fin min Gordhan is summoned by police
SA rand tumbles as fin min Gordhan is summoned by police
South African finance minister Gordhan has been summoned by police 24 Aug
Reuters reporting.
One for our ZAR traders and general info for others.
USDZAR has spiked to 14.1703 from 13.9280
23 August, 2016 by The TZ Newswire Staff Comments Off on Matthew Lynn’s London Eye: The real casualty of Brexit: reputations of economists who predicted doom
Matthew Lynn’s London Eye: The real casualty of Brexit: reputations of economists who predicted doom
Economists were sure that the Brexit vote for Britain to leave the European Union would lead to a recession, but they were wrong, writes Matthew Lynn.
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23 August, 2016 by The TZ Newswire Staff Comments Off on Samsung says strong demand for the Note 7 could cause delays, stock falls 2%
Samsung says strong demand for the Note 7 could cause delays, stock falls 2%
Samsung said stronger-than-expected demand for its new Galaxy Note 7 meant it had to push back the release date in some markets.
23 August, 2016 by The TZ Newswire Staff Comments Off on Home Prices Are Soaring In America’s 2nd Most Dangerous City
Home Prices Are Soaring In America’s 2nd Most Dangerous City
With home prices in San Francisco beyond the reach of all but the elitest of the elites, it appears the “just well off” are migrating to Oakland in search of affordable properties.
23 August, 2016 by The TZ Newswire Staff Comments Off on Saudi’s drop down China’s shopping list for oil
Saudi’s drop down China’s shopping list for oil
Latest customs data from China shows import and export numbers
Russia and Iraq have been seeing increased business from China for oil. In July oil imports from Iraq rose 18.2% while imports from Saudi Arabia fell 4.2%. Imports from Russia fell for the first time this year but remain +27.3% YTD. Iraq’s YTD stands at 10.8%, and the Saudi’s are -0.4%. Angola tops the list as China’s largest supplier with 4719mt shipped in July. The Saudi’s are second at 4025mt.