19 January, 2017 by The TZ Newswire Staff Comments Off on China Q4 GDP due at the top of the hour (& other data) – watch for early leaks
China Q4 GDP due at the top of the hour (& other data) – watch for early leaks
It is not unusual to get the data leaking out somewhere for the GDP a little ahead of time
Here’s what’s coming up, due at 0200GMT:
– Q4 GDP expected 6.7%, prior 6.7% … I’ll have more on this to come
19 January, 2017 by The TZ Newswire Staff Comments Off on Some Questions About Intel Corporation’s Fledgling Foundry Business
Some Questions About Intel Corporation’s Fledgling Foundry Business
More than three years ago, microprocessor giant Intel (NASDAQ: INTC) told the world that it would “open foundry to any company able to utilize [its] leading-edge silicon.”
Image source: Intel.
19 January, 2017 by The TZ Newswire Staff Comments Off on S&P affirms New Zealand’s rating, outlook remains stable
S&P affirms New Zealand’s rating, outlook remains stable
Standard and Poors on NZ
– Says their outlook reflects expectations that New Zealand will maintain or imprve fiscal performance over medium term
– NZ has monetary and fiscal flexibility, a resilient economy
(in your face, Australia … S&P didn’t say that, just me)
19 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: J.P. Morgan CEO Jamie Dimon’s pay hiked to $28 million in 2016
The Wall Street Journal: J.P. Morgan CEO Jamie Dimon’s pay hiked to $28 million in 2016
J.P. Morgan Chase & Co.
19 January, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.8693 (vs. yesterday at 6.8568)
PBOC sets USD/CNY central rate at 6.8693 (vs. yesterday at 6.8568)
In open market operations, PBOC
– to inject 50 bn yuan via 14-day reverse repos
– & 60 bn yuan via 28-day reverse repos
For the week, inject 1130bn yuan via OMOs (was 100 bn yuan injection last week)
19 January, 2017 by The TZ Newswire Staff Comments Off on Commuter-In-Chief: Obama Sets New Single-Day Clemency Record On Last Day In Office
Commuter-In-Chief: Obama Sets New Single-Day Clemency Record On Last Day In Office
As a final parting gift to the American people on his last day in office, earlier today President Obama commuted the sentences of another 330 federal prisoners, shattering his previous single-day record and bringing his total to 1,715, more than the previous 13 presidents combined. In addition, the President has pardoned 212 federal prisoners bringing his total acts of clemency to 1,927.
Of course, just as with previous announcements the President quickly took to twitter to celebrate the “accomplishment.”
19 January, 2017 by The TZ Newswire Staff Comments Off on The Fed: Yellen not worried about surge of inflation
The Fed: Yellen not worried about surge of inflation
Fed Chairwoman Janet Yellen on Thursday said that a surge of inflation from an overheated labor market was unlikely.
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