15 May, 2017 by The TZ Newswire Staff Comments Off on China Suspends Bond Market After "Abnormal Fluctuations"
China Suspends Bond Market After "Abnormal Fluctuations"
China has suspended trading in its bond market for at least one Ministry of Finance-issued bond suffered “abnormal fluctuations” in the last two trading days.
The MOF 2021s dumped and pumped by almost 10 points in the last two days (and at the same time 5Y China bond futures rallied and fell notably…
15 May, 2017 by The TZ Newswire Staff Comments Off on Australia & Hong Kong begin free trade agreement talks
Australia & Hong Kong begin free trade agreement talks
Australia’s trade minister Steven Ciobo met Hong Kong’s Secretary for Commerce and Economic Development Gregory So in Hong Kong
– The two spoke on an FTA
– HK tariffs on Australian goods are already zero, Ciobo wants free trade for also for financial, education, travel, construction, mining, energy and transport companies.
15 May, 2017 by The TZ Newswire Staff Comments Off on Ant Financial stalls IPO plan as buying spree continues
Ant Financial stalls IPO plan as buying spree continues
The blockbuster listing of Ant Financial, the payments affiliate of Alibaba, has been put on ice, the FT reports.
15 May, 2017 by The TZ Newswire Staff Comments Off on Park Madison Hires Cummings As Partner As Demand For Real Asset Strategies Grows
Park Madison Hires Cummings As Partner As Demand For Real Asset Strategies Grows
Real asset placement agent and advisory firm Park Madison Partners has hired veteran real estate executive and former MetLife Investment Managers managing director Amy Cummings as a partner.
15 May, 2017 by The TZ Newswire Staff Comments Off on New Cali Budget Warns CalPERS Contributions "On Track To Double" In 6 Years
New Cali Budget Warns CalPERS Contributions "On Track To Double" In 6 Years
In his latest budget proposal, California Governor Jerry Brown, who continues to vehemently pursue various multi-billion dollar pet projects like the high-speed rail and the so-called “Delta Water Fix” despite his state teetering on the brink of insolvency, has finally admitted that CalPERS, California’s public pension system, is a total disaster.
15 May, 2017 by The TZ Newswire Staff Comments Off on Former Japanese lawmaker: Japan only pretending to negotiate US bilateral trade deal
Former Japanese lawmaker: Japan only pretending to negotiate US bilateral trade deal
Japan expects the U.S. to rejoin TPP and is only “pretending” to negotiate a bilateral deal, a Milken Institute Asia fellow said.