17 September, 2017 by The TZ Newswire Staff Comments Off on Asia Markets: Asia-Pacific markets start the week with gains
Asia Markets: Asia-Pacific markets start the week with gains
Asia-Pacific equity markets were higher early Monday, with Australia’s benchmark index rebounding from three straight sessions of declines, led by strength in financial stocks.
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17 September, 2017 by The TZ Newswire Staff Comments Off on Hugh Hendry’s Eclectica Asset Management Said To Close
Hugh Hendry’s Eclectica Asset Management Said To Close
Most interesting here is his market commentary. Last line.
Sep 14 2017 | 11:31pm ET
Famed hedge fund manager Hugh Hendry is reportedly shuttering Eclectica Asset Management following performance declines in its flagship fund and a reduction in AUM from more than $1 billion in 2013 to less than $120 million.
Hendry, who founded macro-focused Eclectica in 2005, came to prominence after posting gains of 31% in 2008 by betting against financial sector giants in the U.S. and Europe during…
17 September, 2017 by The TZ Newswire Staff Comments Off on Sth Korean press report North Korea close to final stage of ICBM development
Sth Korean press report North Korea close to final stage of ICBM development
Yonhap reporting on comments out of the South Korean Defense ministry in a briefing to the National Assembly (parliamentary defense committee )
– North Korea has neared the “final stage” of developing an intercontinental ballistic missile (ICBM)
17 September, 2017 by The TZ Newswire Staff Comments Off on AUD, NZD the movers in Asia Monday morning
AUD, NZD the movers in Asia Monday morning
It’s a holiday in Japan, but Hong Kong, Singapore, Australia and New Zealand are all in
But maybe it’s a holiday in North Korea too? Whatever it is they aren’t flinging around missiles today and ‘risk’ is liking it. AUD, NZD, even CAD and EUR are all higher, AUD and NZD the outperformers though.
17 September, 2017 by The TZ Newswire Staff Comments Off on Big day coming up: BoE’s Carney speaking the highlight but also BoC & IMF speakers
Big day coming up: BoE’s Carney speaking the highlight but also BoC & IMF speakers
A busy central bank session coming in Europe/UK/US time
Beginning at 0830GMT – the Italian Banking Conference at LUISS Business School (Rome). Speakers include:
17 September, 2017 by The TZ Newswire Staff Comments Off on Filecoin Provides Details on Huge ICO on CoinList
Filecoin Provides Details on Huge ICO on CoinList
Filecoin, by Protocol Labs, closed their Initial Coin Offering on September 7th but it appears it has taken some time to regroup and count all of the digital coin that flooded into the first ICO to bless the pages of CoinList. The Filecoin team explained:… Read More
17 September, 2017 by The TZ Newswire Staff Comments Off on Muddy Waters’ Carson Block Sues Equifax For $500,000
Muddy Waters’ Carson Block Sues Equifax For $500,000
Disgraced credit-monitoring company Equifax, which has seen its stock drop by nearly 40% since disclosing what will likely be remembered as one of the most damaging data breaches in US history, eliciting dozens of class-action lawsuits, calls for investigations by at least one state attorney general, and requests from multiple Congressional committees for more information about the exact timeline of when Equifax learned about the hack, and when it was disclosed – because somewhere between those two events, several of the company’s executives, including its CFO, cashed out of some $2 million