24 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Bleak forecast for Chinese oil giants PetroChina, Cnooc
The Wall Street Journal: Bleak forecast for Chinese oil giants PetroChina, Cnooc
The tough times for China’s oil companies appear likely to continue after two major oil drillers reported weak earnings Wednesday and said they saw little room for optimism for the rest of the year.
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24 August, 2016 by The TZ Newswire Staff Comments Off on PBOC sets yuan reference rate for today at 6.6602 (vs. yesterday at 6.6420)
PBOC sets yuan reference rate for today at 6.6602 (vs. yesterday at 6.6420)
PBOC inject 140bn yuan through 7-day reverse repos in open market operations (OMOs) today
And for 14-day reverse repos, PBOC injects 80bn yuan
(for why the bank is using 14-dayers as well now, check this out from yesterday)
24 August, 2016 by The TZ Newswire Staff Comments Off on The Margin: 5 stadiums with worse names than Chicago’s Guaranteed Rate Field
The Margin: 5 stadiums with worse names than Chicago’s Guaranteed Rate Field
That will be the new name of the ballpark after the Chicago-based mortgage company Guaranteed Rate Inc.
24 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: U.S. destroyer harassed by Iranian naval ships
The Wall Street Journal: U.S. destroyer harassed by Iranian naval ships
Four ships from Iran’s Revolutionary Guard Corps harassed a U.S. destroyer near the Persian Gulf in what the U.S.
24 August, 2016 by The TZ Newswire Staff Comments Off on 5 Factors That Could Turn America Into Another Collapsed Empire
5 Factors That Could Turn America Into Another Collapsed Empire
Authored by Todd Buchholz, originally posted op-ed at MarketWatch.com,
Nations are just as likely to unravel after periods of prosperity as afte periods of depression
Have you ever met an Ottoman? Or a Habsburg? Neither have I.
24 August, 2016 by The TZ Newswire Staff Comments Off on Trump says he’ll let illegal immigrants stay – if they pay back-taxes
Trump says he’ll let illegal immigrants stay – if they pay back-taxes
Republican presidential nominee Donald Trump backed away farther from his hardline stance on deporting millions of illegal immigrants.
24 August, 2016 by The TZ Newswire Staff Comments Off on Dollar edges up vs yen as Yellen’s Jackson Hole speech awaited
Dollar edges up vs yen as Yellen’s Jackson Hole speech awaited
The dollar bobbed higher on Thursday but major currencies continued to tread water ahead of the global central bankers’ gathering in Jackson Hole.