12 January, 2017 by The TZ Newswire Staff Comments Off on Nintendo Switch to launch globally on March 3, priced at $300
Nintendo Switch to launch globally on March 3, priced at $300
Nintendo’s Switch gaming system will be available globally in March and priced at $300.
12 January, 2017 by The TZ Newswire Staff Comments Off on AMP Capital Holds Final Close For $2.4B Infrastructure Platform
AMP Capital Holds Final Close For $2.4B Infrastructure Platform
Australian alternative investment manager AMP Capital has closed its global infrastructure platform with $2.4 billion in capital commitments from more than 50 institutional investors.
12 January, 2017 by The TZ Newswire Staff Comments Off on Mexican Drug Cartels Looting State-Owned Gas Pipelines For Black Market Sales
Mexican Drug Cartels Looting State-Owned Gas Pipelines For Black Market Sales
A couple of weeks ago we highlighted the protests that had engulfed Mexico after the finance ministry announced plans to raise gasoline prices by 20.1% starting January 1st. Amid the chaos, the country’s powerful Jalisco New Generation cartel threatened to to burn down gas stations as retribution for taking advantage of “the majority of the people who don’t make even a minimum wage.”
12 January, 2017 by The TZ Newswire Staff Comments Off on Market Wrap Up
Market Wrap Up
The U.S.-based indices closed lower this afternoon. Asian stocks closed mostly lower in the overnight session as equities in Europe closed mixed this morning. With a somewhat volatile trading session, equity markets paired the initial weakness.
12 January, 2017 by The TZ Newswire Staff Comments Off on PBOC reported to ask banks to balance yuan inflows with outflows
PBOC reported to ask banks to balance yuan inflows with outflows
OK, I can hear you asking “How is that supposed to work???”
Well, long story short it’s a restriction on capital outflow. Bloomberg reporting the development citing ‘people familiar with the matter’, so I await further confirmation:
12 January, 2017 by The TZ Newswire Staff Comments Off on Fed’s Yellen says she’s upbeat about short-term economic outlook
Fed’s Yellen says she’s upbeat about short-term economic outlook
The U.S. economy is doing well and faces no serious obstacles in the short term, Fed Chair Janet Yellen said.
