16 October 2015



Today’s Issue Cluster: VW Scandal Update

China – Seen Facing Hard Bump to Growth in Next 5-Year Plan
EU – Barclays chief says banking champion needed to compete with US
Insurance – Dropouts Present a Challenge for Health Law


MAJOR DATA POINTS

US – Sep: Industrial output falls for second month; -0.2% from -0.1% / R / WSJ

US – Oct: UMich Confidence Climbs; 92.1 from 87.2 / WSJ

US – Aug: Job openings decline; 5.37m from 5.75m / bi


MARKETS

China – Investors flock to bonds amid stock market wreckage FT * *

China – Debt-Fueled Bond Buying Raises Concerns WSJ *

China – Investors Rush to Haven Assets WSJ *

China – Beijing’s Market Rescue Leaves Stocks in Doldrums WSJ *


ECONOMICS

China – Seen Facing Hard Bump to Growth in Next 5-Year Plan B *


POLITICS & FISCAL POLICY

China – The Implosion of Beijing’s Taiwan Strategy wsj / N *

China – New Silk Road is Beijing’s signature foreign policy FT *

China – New frontier, old foes FT * * *

China – In Russia’s backyard FT * *


MONETARY POLICY



FINANCE

EU – Barclays chief says banking champion needed to compete with US FT / E * * *

EU – Strategy tests loom for new bank chiefs FT * *

EU – UK Banks May Need Billions More Under New Rules NYT / WSJ *

EU – UK Banks hail concession on ringfencing FT / FT / WSJ * * *


REAL ESTATE

Germany – Berlin’s Housing Problems Boil Over WSJ *


LABOR & EDUCATION

France – Factory confronts the 35-hour taboo FT *


SERVICES

Lux – China slowdown weighs on HK rents FT * *

Lux – Perfume Makers Turn to Wal-Mart, Target WSJ *

Lux – Swiss watch industry smart enough to face down challenges FT *


MANUFACTURING

Autos – VW: Germany orders mandatory recall FT / AP

Autos – VW: US Pursues Several Paths WSJ

Autos – VW: Berlin Orders Recall WSJ / FT / R / NYT

Autos – VW: Starts to cut investment after scandal FT / WSJ * * * * *

Autos – VW: Scandal leaves US strategy in tatters FT * *

Autos – VW: Scandal fuels jobs fear in east Europe FT *

Autos – VW: Scandal tarnishes Europe’s bond market FT * *


TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT



HEALTH

Insurance – Dropouts Present a Challenge for Health Law NYT

Insurance – Is Obama’s health overhaul losing steam? AP / WSJ / B / NYT


ENDNOTE

The world’s best MBA programs E *


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