21 November, 2016 by The TZ Newswire Staff Comments Off on Moody’s on China – corporate revenue is stabilizing, leverage to remain elevated
Moody’s on China – corporate revenue is stabilizing, leverage to remain elevated
From Moody’s 2017 outlook: Non-Financial Corporates — China: 2017 Outlook – Revenue Is Stabilizing; Leverage to Remain Elevated.
– Says that continued robust GDP growth in China in 2017 and stabilizing commodity prices will drive modest revenue growth and improve profitability for the Chinese non-financial corporates
Comments from Clement Wong, an Associate Managing Director in Moody’s Corporate Finance Group
21 November, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: NTSB investigating crash of Facebook’s giant drone
The Wall Street Journal: NTSB investigating crash of Facebook’s giant drone
A U.S. air-safety watchdog is investigating an accident during the first flight of a Facebook Inc.
21 November, 2016 by The TZ Newswire Staff Comments Off on Canadian Bank Starts Charging Negative 0.75% Rate On Most Foreign Cash Balances
Canadian Bank Starts Charging Negative 0.75% Rate On Most Foreign Cash Balances
Despite speculation over the past year that Canada may join Japan and Europe in the NIRP club and launch negative interest rates, so far the BOC has stood its ground. However, starting on December 22, for the broker dealer clients of one of Canada’s most reputable financial institutions, BMO Nesbitt Burns, it will be as if the Canadian bank has cut its deposit rate on most currencies, to match the deposit rate of Switzerland.
21 November, 2016 by The TZ Newswire Staff Comments Off on Prince Harry’s girlfriend Meghan Markle wants to focus more on glass ceilings than glass slippers
Prince Harry’s girlfriend Meghan Markle wants to focus more on glass ceilings than glass slippers
Prince Harry’s girlfriend Meghan Markle wants to focus more on glass ceilings than glass slippers
21 November, 2016 by The TZ Newswire Staff Comments Off on Venezuela’s State-Owned Oil Company Misses Bond Coupon Payments Due To "Glitch", Bonds Tumble
Venezuela’s State-Owned Oil Company Misses Bond Coupon Payments Due To "Glitch", Bonds Tumble
Just a month after dodging a default bullet thanks to a last-minute bond swap, Venezuela’s state-owned oil company PDVSA missed coupon payments due on its bonds, according to JPMorgan. However, PDVSA president Del Pino raged on Twitter that “the information about a PDVSA default spread by the enemies of the fatherland is totally false,” but the bonds saw prices tumble despite his statement.
21 November, 2016 by The TZ Newswire Staff Comments Off on Kanye West hospitalized after canceling tour: Sources
Kanye West hospitalized after canceling tour: Sources
Kanye West hospitalized after canceling tour: Sources
Kanye West was under observation at a Los Angeles area hospital late Monday after the remaining dates of his national tour were abruptly canceled, multiple authorities familiar with the case told NBC News.
21 November, 2016 by The TZ Newswire Staff Comments Off on Bank of Japan’s Kuroda: Japanese economy is in a gradual recovery trend
Bank of Japan’s Kuroda: Japanese economy is in a gradual recovery trend
Kuroda is speaking the Diet today
more to come (Kuroda never stops at just one comment)
Aaaand … here we go:
– Expects CPI to hit 2% around FY2018
– Prices keeping momentum toward 2% inflation
(Headlines via Bloomberg)