7 September, 2017 by The TZ Newswire Staff Comments Off on Australia July home loans +2.9% m/m (vs. expected 1.0%) (& more on housing finance)
Australia July home loans +2.9% m/m (vs. expected 1.0%) (& more on housing finance)
Australian housing finance data for July
Home loans up 2.9% m/m, a beat
– expected 1.0%, prior was 1.2% revised from 0.5%
Investment lending down 3.9% m/m … the RBA will see this as showing policies to limit investor borrowing working
7 September, 2017 by The TZ Newswire Staff Comments Off on Ford Is Still Struggling in China
Ford Is Still Struggling in China
Ford Motor Company (NYSE: F) said that its sales in China fell 1% in August from a year ago, as its mainstream models continued to struggle against newer competition from both domestic Chinese and global automakers.
Ford’s operation in China can be confusing to those who haven’t followed it closely. In a nutshell, the vehicles Ford sells in China fall into four categories:
The Ford Edge was a big seller when it first arrived in China, but its popularity has faded. Sales were down 16% in August. Image source: Ford Motor Company.
7 September, 2017 by The TZ Newswire Staff Comments Off on Why Gene-Editing Pioneer Editas Skyrocketed 28.8% in August
Why Gene-Editing Pioneer Editas Skyrocketed 28.8% in August
Editas Medicine (NASDAQ: EDIT) is researching the use of gene editing to treat disease. After the company updated investors on its progress on Aug. 9, shares soared 18.8% last month, according to S&P Global Market Intelligence.
7 September, 2017 by The TZ Newswire Staff Comments Off on "Greatest Evacuation In History" – 650,000 Ordered To Leave Florida
"Greatest Evacuation In History" – 650,000 Ordered To Leave Florida
In what spokesman Michael Hernandez describes as “the biggest evacuation in history,” Miami-Dade has expanded its mandatory evacuations orders to Zone C, forcing over 650,000 to leave Florida in a “traffic nightmare” as Cat-5 Hurricane Irma bears down.
7 September, 2017 by The TZ Newswire Staff Comments Off on Markets, Not Government, Improve Race Relations
Markets, Not Government, Improve Race Relations
7 September, 2017 by The TZ Newswire Staff Comments Off on Chinese stocks have been roaring higher, and surprising names are leading the way
Chinese stocks have been roaring higher, and surprising names are leading the way
After rallying this summer, shares in China could be set to climb even higher — thanks to names many have forgotten.
7 September, 2017 by The TZ Newswire Staff Comments Off on Fed’s George – says US labor mkt continues to tighten, inflation mild
Fed’s George – says US labor mkt continues to tighten, inflation mild
Federal Reserve Bank of Kansas City President George
Speaking in Nebraska on her economic outlook
– US under full employment
– Inflation is relatively mild
– US labor market continues to tighten