22 January, 2017 by The TZ Newswire Staff Comments Off on Jack Ma Accuses The US Of Spending $14 Trillion On War Instead Of Its People
Jack Ma Accuses The US Of Spending $14 Trillion On War Instead Of Its People
In a CNBC clip, which slipped between the cracks last week, Alibaba founder Jack Ma, who has been busy trying to get into Donald Trump’s “circle of trust”, spoke in Davos and blamed the problems of the United States on the United States itself, as a country which has spent trillions of dollars to wage war, instead of investing in infrastructure and its own people.
22 January, 2017 by The TZ Newswire Staff Comments Off on People’s Bank of China sets yuan reference rate at 6.8572 (vs. Friday at 6.8693)
People’s Bank of China sets yuan reference rate at 6.8572 (vs. Friday at 6.8693)
USD/CNY mid rate for the day, thank you PBOC!
And … need some cash? The Bank obliging again today with OMOs:
– to inject 20 bn yuan via 14-day reverse repos
Earlier:
22 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: With focus on trade, Trump to meet Canada, Mexico, U.K. leaders
The Wall Street Journal: With focus on trade, Trump to meet Canada, Mexico, U.K. leaders
President Donald Trump is taking immediate steps to reorder U.S. economic alliances in his first days in office, setting up meetings with leaders from Mexico and Canada on North American affairs and hosting U.K.
22 January, 2017 by The TZ Newswire Staff Comments Off on Ethics lawyers to sue Trump over foreign payments
Ethics lawyers to sue Trump over foreign payments
Ethics lawyers to sue Trump over foreign payments
Jan 22 (Reuters) – A group including former White House ethics attorneys will file a lawsuit on Monday accusing President Donald Trump of allowing his businesses to accept payments from foreign governments, in violation of the U.S. Constitution.
22 January, 2017 by The TZ Newswire Staff Comments Off on Dollar starts week on back foot as Trump policy detail awaited
Dollar starts week on back foot as Trump policy detail awaited
The dollar started the week on the back foot on Monday, with the euro edging up to its highest in more than a month.
22 January, 2017 by The TZ Newswire Staff Comments Off on All United Airlines Domestic Flights Grounded by Computer Outage
All United Airlines Domestic Flights Grounded by Computer Outage
All United Airlines’ domestic flights were grounded until 8 p.m. Sunday because of a computer outage, NBC News reports.
22 January, 2017 by The TZ Newswire Staff Comments Off on PBOC yuan central rate setting coming up – plenty of action since Friday’s
PBOC yuan central rate setting coming up – plenty of action since Friday’s
Last week we had a record injection of funds into to the money market through People’s Bank of China open market operations
–
injected 1130bn yuan
And the fun didn’t stop over the weekend: