17 September 2015



Today’s Issue Cluster: Mobiles

Japan – Zero inflation spurs calls for overhaul of Abenomics
China – Doubts rise over official GDP growth rate
Oil – Expect US output to slump? Better not overlook vertical wells


MAJOR DATA POINTS

NZ – Q2: Growth disappoints; +0.4% from +0.2% / AFP

Japan – Aug: Trade deficit narrows on lower oil imports / AP

US – Aug: Housing Starts Fall; -3% / WSJ / R / B

US – Week: Jobless Claims Fall; -11k to 264k / WSJ / B


MARKETS

Japan – US funds see Tokyo as answer to overexposure at home N *


ECONOMICS

Japan – Zero inflation spurs calls for overhaul of Abenomics B *

Japan – Doubts Emerge Over Abenomics WSJ *

Japan – Manufacturing back in the vogue thanks to the weaker yen FT *

Japan – Political storm over sales tax relief plan FT


POLITICS & FISCAL POLICY

China – Doubts rise over official GDP growth rate FT / ft / b *

China – Coal data cast doubt on stalling of world CO2 R

China – Activity on disputed islands raises doubt over halt claim FT


MONETARY POLICY

Fed – Markets May Be Flashing a Wait Sign WSJ *

Fed – Wall Street Has Doubts About Lifting Rates WSJ *

Fed – Rate Increases Help Banks First WSJ

Fed – Exit May Hit Economy Faster Than in Past Cycles B * *

Fed – Asset Managers Face Tough Choice If Rates Rise WSJ *

Fed – The story of the central bank’s “dot plot” B

Fed – Higher Rates a Risk for EM Debt WSJ *

Fed – EM companies worry about higher US rates FT *

Fed – Alone on expectations bi *


FINANCE



REAL ESTATE



LABOR & EDUCATION

Japan – Workers’ Piece of Pie Smallest in More Than Two Decades wsj *


SERVICES

Food – Prices Drop Most in 7 Years on Grain Glut, China Rout B *

Food – UK’s Free-for-All Heads Across the Pond WSJ * *


MANUFACTURING



TECH

Mobiles – Apple says new iPhone sales to beat record FT / WSJ / R / WSJ *

Mobiles – iPhones sold on first weekend / bi *

Mobiles – ‘Apple Shares Could Rally 50% on New iPhone Plan’ Bn *

Mobiles – China’s smartphone startups face falling demand N *

Mobiles – Suppliers Hope to Tap Into New iPhones’ ‘3-D Touch’ WSJ *

Mobiles – Taiwan’s chip industry consolidating at last N

Mobiles – Chipmaking: Impact of Intel spending cuts hits Japan N *


TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Oil – Braces for Financial Reckoning WSJ / FT *

Oil – Expect US output to slump? Better not overlook vertical wells R *

Oil – Pumping More From Each Well Prolong Crude Glut B *

Oil – Goldman Sees 15 Years of Weak Crude B *

Oil – Sands companies make transition to low-cost production FP

Oil – Stalled Field Project Adds to Iraq’s Woes WSJ *


HEALTH



ENDNOTE

More neighbours make more fences e *


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