23 May, 2017 by The TZ Newswire Staff Comments Off on China says Moody’s downgrade over-estimates the difficulties facing economy
China says Moody’s downgrade over-estimates the difficulties facing economy
Chinese MOF official responds to Moody’s ratings downgrade 24 May
Over-estimates or just a reality check?
23 May, 2017 by The TZ Newswire Staff Comments Off on Appeals Court Orders Expedited Hearing in ReDigi Case
Appeals Court Orders Expedited Hearing in ReDigi Case
The order comes just three weeks after ReDigi lawyers, on May 1, argued that Capitol attorneys were attempting to “sabotage” ReDigi’s ability to litigate its appeal by asking a bankruptcy court to convert the company from a Chapter 11 reorganization to a Chapter 7 liquidation. Source: Appeals Court Orders Expedited Hearing in ReDigi Case
23 May, 2017 by The TZ Newswire Staff Comments Off on Scribd Reports 500K Subscribers, Adds Newspaper Content
Scribd Reports 500K Subscribers, Adds Newspaper Content
Scribd CEO Trip Adler said Scribd’s latest content expansion comes in the wake of the service’s first year of profitability. Adler said he expects the service to generate more than $50 million in revenue in 2017, adding that Scribd now has Source: Scribd Reports 500K Subscribers, Adds Newspaper Content
23 May, 2017 by The TZ Newswire Staff Comments Off on Australia – NAB says "real risk that Q1 GDP could print a flat or even a small negative"
Australia – NAB says "real risk that Q1 GDP could print a flat or even a small negative"
National Australia Bank on the Construction Work data today
Bottom line:
– Construction work … will detract from Q1 GDP growth.
– The decline was entirely driven by a sharp fall in residential building
And, more detail from NAB:
23 May, 2017 by The TZ Newswire Staff Comments Off on Women get a raw deal on student debt
Women get a raw deal on student debt
It takes women about two years longer than men to pay off student loans
read more
23 May, 2017 by The TZ Newswire Staff Comments Off on Morgan Stanley warn China funding rate to rise in coming months
Morgan Stanley warn China funding rate to rise in coming months
Saying to expect a 40 to 50 bp rise in the interbank lending rate in the next few months
– MS citing this is an implication of the Mood’s downgrade decision today
23 May, 2017 by The TZ Newswire Staff Comments Off on The Plunge Protection Team real?
The Plunge Protection Team real?
The so called Plunge Protection Team has been heresay and gossip of traders for a long time. They allegedly step in to in essence BTFD on major market indices to manage market sentiment.
You can read more about it here:
http://nypost.com/2014/10/20/plunge-protection-behind-markets-sudden-recovery/