23 May, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY reference rate for today at 6.8758 (vs. yesterday at 6.8661)
PBOC sets USD/CNY reference rate for today at 6.8758 (vs. yesterday at 6.8661)
In Open Market operations PBOC
– To inject 40 bn yuan through 7-day reverse repos
– To inject 50 bn yuan through 14-day reverse repos
There are 140bn yuan of maturing reverse repos today … so that’d make it a net 50bn yuan drain
23 May, 2017 by The TZ Newswire Staff Comments Off on LA woman arrested on charges of smuggling US space technology to China
LA woman arrested on charges of smuggling US space technology to China
A woman was arrested Tuesday for conspiring to illegally export sensitive space tech to her native China.
23 May, 2017 by The TZ Newswire Staff Comments Off on BOJ JGB buying operation in same amounts as previously
BOJ JGB buying operation in same amounts as previously
Bank of Japan buying Japanese Government Bonds today:
Buying 1 to 3 year maturities
– and 3 to 5 year
– and 5 to 10 year
Amounts the same as the previous operation
23 May, 2017 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Intuit finds tax-season success from Uber drivers and Taskrabbits
MarketWatch First Take: Intuit finds tax-season success from Uber drivers and Taskrabbits
QuickBooks maker Intuit Inc.
23 May, 2017 by The TZ Newswire Staff Comments Off on LCN Capital Partners Raises $750M For Second Set of Funds
LCN Capital Partners Raises $750M For Second Set of Funds
Private equity company LCN Capital Partners has raised more than $750 million in capital commitments for its second dual-currency set of sale-leaseback and real estate funds.
23 May, 2017 by The TZ Newswire Staff Comments Off on Legendary Investor Asher Edelman Says "I Have No Doubt" PPT Behind Market Rally
Legendary Investor Asher Edelman Says "I Have No Doubt" PPT Behind Market Rally
Legendary vulture investor Asher Edelman, the 1980s model for Gordon Gekko, strayed into what must’ve been uncomfortable territory for CNBC during an appearance on “Smart Money” when he discussed his view that the government’s “plunge protection team” is the only thing propping up the current market rally, and said he suspects that it has again been recently een intervening in the market to keep stocks at record highs.
23 May, 2017 by The TZ Newswire Staff Comments Off on How United Airlines critics are ruining air travel
How United Airlines critics are ruining air travel
People sometimes feel like they are being treated unfairly by airlines—often for good reason. In the past, fear of being dragged off an airplane and arrested has prevented most people from taking the law into their own hands and engaging in “sit-down strikes.”