12 January, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.8909 (vs. yesterday at 6.9141)
PBOC sets USD/CNY mid-point today at 6.8909 (vs. yesterday at 6.9141)
Stronger CNY against the big dollar today. In People’s Bank of China Open Market operations to round out the week:
– inject 10 bn yuan via 7-day reverse repos
For the week as a whole the PBOC injected a net 100 bn yuan through their OMOs. The week before was a net drain of 595bn.
12 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Arizona planning to sue Theranos for fraud
The Wall Street Journal: Arizona planning to sue Theranos for fraud
A state regulator is preparing to file the first government lawsuit against embattled Theranos Inc., alleging the blood-testing firm defrauded consumers.
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12 January, 2017 by The TZ Newswire Staff Comments Off on Intel Corporation’s Optane Cache for PCs Sounds Cool… If It Works
Intel Corporation’s Optane Cache for PCs Sounds Cool… If It Works
A few days ago, microprocessor giant Intel (NASDAQ: INTC) formally unveiled its seventh-generation Core processor family for desktop computers, known as Kaby Lake. With the launch came new chips from Intel as well as new motherboards using the company’s new Z200-series motherboard chipsets (the top of the line ones targeted at high-end personal computers are known as Z270).
12 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Anadarko seals $2.3 billion deal to sell South Texas oil, gas assets
The Wall Street Journal: Anadarko seals $2.3 billion deal to sell South Texas oil, gas assets
Anadarko Petroleum Corp. has agreed to sell its South Texas oil-and-gas assets to Sanchez Energy Corp.
12 January, 2017 by The TZ Newswire Staff Comments Off on USD/JPY pops 115
USD/JPY pops 115
Yen cross selling interest (especially and they’ve just popped
EUR/JPY) was thin to the topside
Not being ignored:
Japan eco minister Ishihara: Will continue to monitor yen for rapid rises
12 January, 2017 by The TZ Newswire Staff Comments Off on Behind TDK’s Acquisition of InvenSense
Behind TDK’s Acquisition of InvenSense
The Japanese chipmaker’s $1.3B investment indicates a strategic move to expand into IoT markets.
12 January, 2017 by The TZ Newswire Staff Comments Off on George Soros Lost Nearly $1B Due to Trump Win
George Soros Lost Nearly $1B Due to Trump Win
The noted hedge fund manager lost nearly $1B because he was bearish about the markets following a Trump win.