18 October, 2017 by The TZ Newswire Staff Comments Off on PBOC’s Zhou says yuan trading band expansion is not a current focus
PBOC’s Zhou says yuan trading band expansion is not a current focus
People’s Bank of China Governor Zhou
– yuan trading band expansion is not a current focus
– yuan trading band not too important
Onshore yuan (CNY) has a mid-point (the reference rate) set each day by the PBOC. The Bank allow it trade plus or minus 2% from this central rate. From time to time rumours sweep through that
18 October, 2017 by The TZ Newswire Staff Comments Off on China’s September steel output falls from record
China’s September steel output falls from record
National Bureau of Statistics (reported via Reuters)
– September steel output rises 5.3% y/y
– Total Jan.-Sept. output +6.3% y/y
– Steel mills curb production ahead of winter air pollution curbs
More:
18 October, 2017 by The TZ Newswire Staff Comments Off on China’s September steel output falls from record
China’s September steel output falls from record
National Bureau of Statistics (reported via Reuters)
– September steel output rises 5.3% y/y
– Total Jan.-Sept. output +6.3% y/y
– Steel mills curb production ahead of winter air pollution curbs
More:
18 October, 2017 by The TZ Newswire Staff Comments Off on Staggering Chart Shows Your Personal Share Of Your State’s Underfunded Pension
Staggering Chart Shows Your Personal Share Of Your State’s Underfunded Pension
Back in March we shared the staggering results of a Bankrate survey which found that the average American household couldn’t afford to write a measly $500 check in the event of an unexpected emergency (see: “The Reality Is, Half Of Americans Can’t Afford To Write A $500 Check”). Of course, as we note frequently, while the talking heads of daytime financial TV shows love to reference surging economic indicators like unemployment figures, the fact is that the number of Americans not participating in th
18 October, 2017 by The TZ Newswire Staff Comments Off on Staggering Chart Shows Your Personal Share Of Your State’s Underfunded Pension
Staggering Chart Shows Your Personal Share Of Your State’s Underfunded Pension
Back in March we shared the staggering results of a Bankrate survey which found that the average American household couldn’t afford to write a measly $500 check in the event of an unexpected emergency (see: “The Reality Is, Half Of Americans Can’t Afford To Write A $500 Check”). Of course, as we note frequently, while the talking heads of daytime financial TV shows love to reference surging economic indicators like unemployment figures, the fact is that the number of Americans not participating in th
18 October, 2017 by The TZ Newswire Staff Comments Off on Honda Sharpens Its All-New 2018 Accord to Steal SUV Sales
Honda Sharpens Its All-New 2018 Accord to Steal SUV Sales
Honda (NYSE: HMC) said that its all-new 2018 Accord sedan officially went on sale in the U.S. on Wednesday. The all-new Accord is a major evolution of Honda’s mainstay sedan: In some ways, it’s more like a German luxury car than like the bread-and-butter Accords of the past.
But it arrives as sales for the entire midsize sedan segment have been shrinking. Is it doomed to decline, or will the rethought Accord be enough to tempt buyers intent on SUVs?
18 October, 2017 by The TZ Newswire Staff Comments Off on Asia Markets: Nikkei on track for another two-decade high as other Asian markets mixed
Asia Markets: Nikkei on track for another two-decade high as other Asian markets mixed
Global equities rose Thursday, with key Asian indexes gaining led by strength in Japan, thanks to a weaker yen and robust trade data.
read more