19 April, 2017 by The TZ Newswire Staff Comments Off on Credit card wars ding American Express profit
Credit card wars ding American Express profit
American Express posted a 13 percent fall in first-quarter profit, as it spent more on premium rewards to retain customers.
19 April, 2017 by The TZ Newswire Staff Comments Off on Sec of State Tillerson warns ‘unchecked Iran’ could follow path of North Korea
Sec of State Tillerson warns ‘unchecked Iran’ could follow path of North Korea
Secretary of State Rex Tillerson will deliver a statement about Iran on Wednesday afternoon.
19 April, 2017 by The TZ Newswire Staff Comments Off on Why Kinder Morgan Earnings Didn’t Fire Up Investors
Why Kinder Morgan Earnings Didn’t Fire Up Investors
Pipeline company Kinder Morgan reported first quarter earnings that were a bit light but beat on revenues.
19 April, 2017 by The TZ Newswire Staff Comments Off on Greek press: EU to cut Greek growth forecast next month
Greek press: EU to cut Greek growth forecast next month
Kathimerini report the European Commission will revise downward its estimate for the Greek growth rate in its spring economic forecasts
– EU spokeswoman for economic and monetary affairs, Annika Breidthardt, said that recent data point to smaller growth compared with the Commission’s latest forecasts in February
19 April, 2017 by The TZ Newswire Staff Comments Off on Economic data due from Asia today – NZ CPI, Japan trade
Economic data due from Asia today – NZ CPI, Japan trade
New Zealand Q1 inflation leads off (official inflation data is only once a quareter from NZ)
– Due at 2245GMT
– expected 0.8% q/q, prior 0.4%
– expected 2.0% y/y, prior 1.3%
2350GMT – Japan – Trade balance for March, expected is Y 608.0bn, prior was Y 813.5bn
19 April, 2017 by The TZ Newswire Staff Comments Off on Fed’s Fischer: US policy normalization likely to be gradual
Fed’s Fischer: US policy normalization likely to be gradual
Stanley Fischer, vice chairman of the Federal Reserve, said that spillovers from tightening “will be manageable.”
19 April, 2017 by The TZ Newswire Staff Comments Off on Morgan Stanley’s Profit Surges in Q1 2017 on Solid Bond Trading
Morgan Stanley’s Profit Surges in Q1 2017 on Solid Bond Trading
Since 2012, Morgan Stanley’s FIC unit has gone through several staff reductions.