16 June 2015



Today’s Issue Cluster: Planes

Insurance – Asia is a cauldron of innovation, but also of competition
Pensions – Borrowing to Replenish Depleted Funds
Delivery – Uber is likely to disrupt industry


MAJOR DATA POINTS

Germany – Jun: ZEW investor sentiment slips on Greece; 31.5 from 41.9 / AP / AFP *

US – May: Home Construction Cools; -11.1% from +22.1% / WSJ / R *


MARKETS

Bonds – Hunt for returns forces funds into EM debt FT * *

Bonds – Central Banks Scoop Up Treasurys WSJ

Bonds – Treasury volumes raise liquidity concerns FT * * *


ECONOMICS

Australia – Japan Set to Overtake China for Biggest Trade Surplus WSJ *

Australia – Cuts foreign aid in favour of budget repair FT * * * *

Australia – Property boom / r *


POLITICS & FISCAL POLICY



MONETARY POLICY

RBA – Australia Central Bank Kent: ‘Monetary Policy Is Working’ wsj

RBNZ – New Zealand cuts interest rates as dairy boom sours FT

World – Central banks stash cash for unwind shock FT

World – Central banks enter the unknown with sub-zero rates FT * *


FINANCE

Insurance – Foreign companies hit roadblock in India growth plans FT *

Insurance – Asia is a cauldron of innovation, but also of competition E *

Reinsurance – The market for risk is changing E *


REAL ESTATE



LABOR & EDUCATION

Pensions – Net Outflows Befall 401(k) Plans WSJ * *

Pensions – Borrowing to Replenish Depleted Funds NYT *

Pensions – Japan is loosening rules WSJ *


SERVICES



MANUFACTURING

Planes – Market: Airbus and Boeing notch up $30b of deals FT / WSJ / AP

Planes – Market: Airbus-Boeing Race Taking Place on the Ground WSJ / FT * *

Planes – Market: Supplier Urges Caution on Single-Aisle Production WSJ

Planes – Market: Mammoth task to clear backlog FT / R *

Planes – Market: Paris Air Show Refrain, Buy Our Older Jets WSJ *

Planes – Market: Aerospace Climbs Into A Supercycle IBD / WSJ

Planes – Airbus: Germanwings Plane Crash Heightens Pressure WSJ *

Planes – A400M: 3 of 4 engines failed in crash FT * * *

Planes – A320: Airbus Considers Another Boost in Output WSJ / R

Planes – A380: Airbus upbeat on bitter-sweet anniversary R / WSJ / B * *

Planes – A380: Used Superjumbos Threaten Drive for Sales B

Planes – Jumbos: Faces a make or break year at Boeing, Airbus R

Planes – 747: Boeing Sees Sales Reviving as Air Freight Rebounds B

Planes – 787: United Switches to 777 R / B

Planes – 7??: Boeing Believes Demand Exists for New Midrange Jetliner WSJ

Planes – Boeing: Innovation Means Small Steps WSJ *

Planes – CSeries: Bombardier insists jet will come good FT / FT / WSJ / B * *

Planes – Mitsubishi: Sets sights on niche in aircraft sector AP *

Planes – C919: China set to delay maiden flight of commercial jet R

Planes – Business: Jet makers eye revival led by North America R

Planes – Business: Honda Enters New Realm WSJ *


TECH



TRADE & TRANSPORTATION

Delivery – UPS Plans to End Some Shipping Discounts for Holiday Season WSJ

Delivery – Uber is likely to disrupt industry E *

Delivery – The $50b Question: Can Uber Deliver? WSJ *


COMMODITIES



ENERGY & ENVIRONMENT

NatGas – Energy Industry Is Gassing Down WSJ *

NatGas – Asia’s LNG Buyers Get Sweeter Deals WSJ *


HEALTH



ENDNOTE

Boeing’s new overhead bins will hold 50% more bags q *


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