Today’s Issue Cluster: Shale
China – Opens door to private banks
US – Public pensions need more than investment windfall
Pharma – White House Withdraws Plan Allowing Limits to Medicare Coverage for Some Drugs
Germany – Jan: Trade surplus narrows; +€17.2b from +€18.3b / AP *
UK – Jan: Manufacturing Output Grows More Than Forecast; +0.4% / B *
UK – Feb: Retail Sales Growth Slows; +0.7% from +5.4% / WSJ
Australia – Mar: NAB Business Sentiment Sours; 0 from +7 / WSJ
US – Jan: Wholesale inventories rise; +0.6% from +0.4% / R
US – Jan: Wholesaler sales fall; -1.9%, +3.9% yr / AP *
US – Jan: JOLTS Job Openings Increased as Hiring Fell; 3.97m from 3.91m / B *
US – Feb: NFIB Small Business Index Declines; 92.7 from 94.1 / cr *
Bonds – China Firm’s Default May Not Be the Last WSJ / FT / WSJ / NYT * *
Bonds – Muni Costs Hit Investors in Wallet WSJ *
EMs – Consumer stocks hit as retail dream fades FT *
DMs – The 2007-08 crisis was the beginning of the end for developed markets, right? / r *
Ukraine – Russia warns over ‘lawlessness’ in east AP / WSJ
Ukraine – Europe prepares sanctions against Russia FT / WSJ / S
Ukraine – Russian Oligarchs Fear Economic Casualties if Crisis Escalates NYT
BOE – Carney Pushes Low-Rate Message as Weale Dissents on Slack B / R / WSJ / FT
China – Opens door to private banks FT / WSJ / AP / NYT / B / R / WSJ
China – Shadow lending slows sharply FT
China – Online Funds Hit Bank Profits WSJ
China – For Online Money Funds, the Game Changes WSJ *
China – Taiwanese Banks Feel Squeeze WSJ *
Gaming – International groups dealt weak hand in Japan’s casino gamble FT
Gaming – China’s gambling capital battles to shed bad boy image DT
Gaming – Qihoo, Baidu Bets On Mobile Apps Paying Off IBD *
Drones – Find Fans Among Farmers, Filmmakers WSJ *
Mobiles – SoftBank’s Son Vows ‘Massive Price War’ If T-Mobile Deal Allowed B / WSJ
Mobiles – Wireless Bills Go Up, and Stay Up WSJ *
TTIP – EU & US pressed to drop dispute-settlement rule FT / WSJ
Metals – Iron: Slumps on Chinese demand fears FT / B / FT / FT * *
Metals – Copper: Drops Sharply on China Worries WSJ / FT / b * * * *
Shale – US: In Fracking, the Energy Business Gets Neighborly WSJ
Shale – US: ‘Saudi America’ E / cd / cd * * * * *
Shale – US: Boom Spurs Refining Binge WSJ
Shale – US: New fracturing technology increases shale output by 20% cd *
Shale – US: Under fire over thirst for water FT *
Shale – US: ‘Dream of Oil Independence Slams Against Costs’ B
Shale – US: ‘Fracking Boom Leaves Texans Under a Toxic Cloud’ B * * * * *
Shale – US: CA fracking opponents introduce new moratorium bill R
Shale – US: In CO referendum, fracking faces ‘catastrophe’ G&M
Shale – US: Drilling could jump in 2014 in MS, LA AP
Shale – UK: Brakes put on revolution FT
Shale – Poland: Proposes Tax Breaks for Industry WSJ
Shale – World: BHP chief warns of reliance FT
Shale – China: Faces a bumpy road en route to boom CD *
US – Public pensions need more than investment windfall R *
Pharma – White House Withdraws Plan Allowing Limits to Medicare Coverage for Some Drugs NYT
Most desirable living environment by US county ispol *
