11 September, 2016 by The TZ Newswire Staff Comments Off on PM Key says NZ dollar reflects strength of New Zealand economy
PM Key says NZ dollar reflects strength of New Zealand economy
New Zealand’s PM John Key speaking at a news conference 12 Sept
– stronger dairy outlook boosting NZD
Bloomberg reporting.
No further comments at present.
NZDUSD currently trawling around 0.7321 after a dip from 0.7345 earlier in Asia.
11 September, 2016 by The TZ Newswire Staff Comments Off on Fed’s Kashkari: Monetary policy ‘largely doing what it can’
Fed’s Kashkari: Monetary policy ‘largely doing what it can’
Head of the Federal Reserve Bank of Minneapolis Neel Kashkari
– Says monetary policy ‘largely doing what it can’ to support robust recovery
– Need regulatory, fiscal policies to boost US growth
From an essay released by the Minneapolis Fed by Kashkari
11 September, 2016 by The TZ Newswire Staff Comments Off on Defiant North Korea ‘ready for new nuclear test’ as global powers mull response
Defiant North Korea ‘ready for new nuclear test’ as global powers mull response
North Korea has reportedly geared up for another nuclear test, as experts warned that sanctions for the rogue state would fail.
11 September, 2016 by The TZ Newswire Staff Comments Off on Capital Markets In The Week Ahead
Capital Markets In The Week Ahead
11 September, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news: Equities lower, currencies subdued
ForexLive Asia FX news: Equities lower, currencies subdued
Forex news for Asia trading Monday 12 September 2016
Weekend:
Continuation moves in Asia with Friday’s equity market sell off continuing into the new week starting here today. Gold was a little softer also, and oil slipped.
11 September, 2016 by The TZ Newswire Staff Comments Off on Samsung Sheds $20BN Of Market Cap In 2 Days After Recalling Exploding Phones
Samsung Sheds $20BN Of Market Cap In 2 Days After Recalling Exploding Phones
Turns out spontaneous pocket explosions are not a desirable feature for smartphone consumers…just ask Samsung. The company was forced to recall 2.5mm phones last week after reports surfaced of the device exploding during or after charging. That doesn’t look healthy.
11 September, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Activist investor Starboard urges drugmaker Perrigo to refocus business
The Wall Street Journal: Activist investor Starboard urges drugmaker Perrigo to refocus business
Starboard Value LP has built a 4.6% stake in Perrigo Co., worth nearly $600 million, and is urging the drug company to refocus on its core business.
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