Today’s Issue Cluster: Solar Power
Japan – Growth Rebound Short-Lived as Challenges Loom
US – Low Interest Rates, Jobs Boost Subprime Auto Lenders
Rare Earths – Bet Flopped as Scarcity Was a Mirage
Japan – Jun: Tankan Confidence Index Unexpectedly Improves; 15 from 12 / B / FT
China – Jun: HSBC manufacturing remains weak; 49.4 from 49.2 / AP / R
EZ – Jun: Markit factory growth tepid; 52.5 from 52.2 / R / WSJ
US – Jun: Markit factory activity slowest since October 2013; 53.6 from 54.0 / R
US – Jun: ISM Manufacturing Index Rises; 53.5 from 52.8 / WSJ
US – Jun: ADP Private Sector Jobs Up; +237k from +203k / WSJ / R
US – May: Construction spending rises to 6-1/2-year-high; +0.8% from +2.1% / R
Currencies – Indonesia Bans Foreign Currencies in Domestic Transactions WSJ *
Currencies – Rupiah slump dents corporate Indonesia FT *
Currencies – Yen is running out of wiggle room FT *
Japan – China’s Slowdown Stings Companies WSJ *
Japan – Bets on growth to curb debt as Abe reveals three-year plan FT * *
Japan – Growth Rebound Short-Lived as Challenges Loom b *
Japan – Takes On Its Deficit-Ridden Finances WSJ *
Japan – ‘Productivity Revolution’ Plan Offers Few Major Steps WSJ
Greece – Tsipras backs down on many Greece bailout demands FT
Greece – Proposal Falls Short of Creditors’ Demands WSJ / R / B
Greece – Default Deals Blow to IMF WSJ *
Greece – Athens Race to Sway Bailout Referendum WSJ *
Greece – Heat dries up new stock sales in EU FT * *
Puerto Rico – Close to Deal to Avoid Default WSJ / NYT / WSJ *
US – Online Lenders Offer New Competition for Banks WSJ *
US – Shadow banks take up the running in risky lending FT *
US – Low Interest Rates, Jobs Boost Subprime Auto Lenders IBD
US – Banks Feel Pinch From Declining Overdraft Fees WSJ * *
US – Office Market Is on a Slow Roll WSJ *
US – Housing stages ‘lopsided’ recovery FT * * * *
HigherEd – Surge of Chinese Applicants Tests US Colleges WSJ
HigherEd – Foreign Grad-School Applications Rise, Driven by India WSJ *
Rare Earths – Molycorp Files for Bankruptcy Protection WSJ / FT
Rare Earths – Bet Flopped as Scarcity Was a Mirage B
Rare Earths – After the boom and the bust r *
Alt – Solar: Boom Raises Doubts on Sale of Australia Power Assets WSJ *
Alt – Solar: Japan aims for space power N *
Alt – Solar: How Chinese Billionaire’s Bet Soured WSJ *
Alt – Solar: Investors again sour on Chinese stocks N *
Alt – Solar: Industry Hustles As Tax Credit Deadline Nears IBD
Alt – Solar: High-Tech Projects Fail to Deliver WSJ *
Alt – Solar: Battle Puts Hawaii at Forefront of Changes NYT
Alt – Solar: ‘Enjoys a glowing outlook’; r *
Interest rates lower than at any time in the past 5,000 years ft *
