2 September 2015



Today’s Issue Cluster: Autos

China – After 39% Rout, Stocks Still Cost Double HK Prices
China – Zombie Factories Stalk the Sputtering Economy
AVs – Google’s Driverless Cars Run Into Problem: Cars With Drivers


MAJOR DATA POINTS

US – Aug: Private payrolls rise misses; +190k from +177k / R / WSJ / B

US – Q2: Productivity Increases; +3.3%, +0.7% yr / WSJ / R / AP

US – Jul: Autos lift factory orders; +0.4% from +2.2% / R / AP


MARKETS

China – Urges companies to help shore up market FT

China – After 39% Rout, Stocks Still Cost Double HK Prices B *


ECONOMICS

China – Nervous mainlanders move money to Hong Kong WSJ *

China – Boosts Efforts to Keep Money at Home WSJ * *

China – Military parade adds strain to slowing economy WSJ *

China – Zombie Factories Stalk the Sputtering Economy NYT / NYT

China – Small Cities Flourish WSJ

China – Crises Put First Dents in Xi’s Power WSJ *

China – Economic Woes Echo Across Asia WSJ


POLITICS & FISCAL POLICY

Canada – Enters technical recession before elections FT / G&M

Canada – Cut growth projection casts cloud on election G&M

Canada – Rich but Resource-Dependent WSJ * *

Australia – Set to rack up world’s longest growth streak FT *

Australia – Sliding Into Recession? WSJ *

Australia – Posts Slowest Quarterly Growth in Four Years WSJ *


MONETARY POLICY



FINANCE



REAL ESTATE

China – Home prices continue to rebound WSJ *


LABOR & EDUCATION



SERVICES



MANUFACTURING

Autos – US: Sales Maintain Pace Despite Calendar Quirk WSJ / FT / NYT * *

Autos – US: The Bad News in Strong Sales WSJ *

Autos – US: Crackdown on Racial Bias Could Boost Costs for Loans WSJ *

Autos – US: Used-Car Wave May Weigh on Detroit WSJ *

Autos – US: Surge in Recalls Continues WSJ *

Autos – China: Foreign Car Factories Curb Output WSJ / R *

Autos – China: German Car Makers Shift Gears WSJ *

Autos – China: Premium carmakers see drama ahead FT * * * *

Autos – China: Slowing sales are a threat to shaky dealerships E *

Autos – China: Slowdown Punishes Dealers WSJ *

Autos – Russia: Falling ruble leaves carmakers with nowhere to turn R

Autos – Russia: Japan carmakers slashing production N

Autos – VW: Cost cuts will test Diess FT * * *

Autos – Tesla: ‘When does Musk crash?’ ft / WSJ / WSJ *

Autos – Toyota: Posts Record Profit, Fueled by Weak Yen WSJ *


TECH



TRADE & TRANSPORTATION

AVs – Google’s Driverless Cars Run Into Problem: Cars With Drivers NYT *

AVs – Is a Hacked Vehicle Also Defective? WSJ

AVs – Regulators prefer technologies that emphasize protection WSJ

AVs – Truckers Gain an Automated Assist WSJ *


COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Best selling car brands in Europe in 2014 am *


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