Bz Nwz




---

Today’s Issue Cluster: China

–



---

MAJOR DATA POINTS

US – Week: Jobless Claims Fall; -14k to 289k / WSJ / R / B / AP *



---

MARKETS

Currencies – A critical autumn nears for EMs FT * *

Currencies – Dollar’s Rally Picks Up Steam WSJ *

Currencies – Hong Kong Ramps Up Intervention to Curb Local Currency WSJ *

Currencies – Hong Kong Dollar Signals A-Share Rally B *



---

ECONOMICS

China – Yuan Gap Evaporates as PBOC Cuts Interventions B *

China – Yuan Rising as Economy Shows Signs of Improvement WSJ / WSJ *

China – Risk-averse Beijing seen pushing back plans to free yuan R *

China – Winners and losers in the great rebalancing E *

China – Debt tops 250% of national income FT / B *

China – Internet sector to get bigger q * *

China – Select Economies 20% or more Dependent for Exports / b *

China – Stimulus – 2014 vs 2008 / b *

China – Says can build what it wants on S.China Sea isles R *

China – Expands Offshore Oil Fleet for Contested Waters WSJ *

China – Keeps fishing fleet connected in disputed waters R *

China – Japan condemns ‘dangerous’ acts in defence white paper FT / WSJ / AP *



---

POLITICS & FISCAL POLICY

Ukraine – Russia to block US & EU agricultural imports WSJ / FT / NYT / AP / B / wsj *

Ukraine – Russia Retaliation Inflicts Worst Euro-Area Scars on Finland B / R / b * *

Ukraine – Moscow kickback set to squeeze western airlines FT *



---

MONETARY POLICY

PBOC – Wades Into Fiscal Waters as China Boosts Stimulus B / WSJ / B



---

FINANCE

China – Overseas Borrowing Exposes to US Interest Rate Rises WSJ *

China – Is Shadow Loan Problem Not That Dark? IBD *

China – Sweetens Stimulus With Teaspoon of Reform WSJ *

China – Too big to fail banks b *



---

REAL ESTATE

China – Average Housing Prices Fall for Third Straight Month WSJ

China – Home Glut May Worsen as Developers Avoid Price Drop B

China – ‘Downward pressure from the housing sector will be immense’ ft **

China – Investors Bet on Large Property Developers WSJ *

China – Skyscraper Mania as Ambitions Trump Economy B

China – Property Cooling Prompts Revival of Builder Bonds B

China – Investors Stung by Losses After Exiting Struggling Property Fund WSJ

China – ‘Property Market Is No Bubble’ wsj *



---

SERVICES




---

MANUFACTURING




---

TECH

TVs – Hisense Takes Aim at Sony BW *



---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Coal – Beijing will ban construction of new power plants R / ABC *

Coal – Gore: ‘Strong economic case for divestment’ FT



---

LABOR & EDUCATION

China – Jobless Rate Is 5.1%. Or Maybe It’s 4.1%. B

China – Beijing Has Top-Secret View of Employment WSJ *

China – Strikes have officials looking to robots N *



---

HEALTH

Demog – China: More Girls Are on the Way BW *



---

ENDNOTE

China vs. US Favorability Across the World; Beijing Wins Middle East pew *



---




---

Today’s Issue Cluster: Africa

M&As – Wall Street’s dark day
Rail – Oil group wants highest-danger label for Bakken
Oil – Gulf: Armed with new technology, oil drillers revisit Gulf of Mexico



---

MAJOR DATA POINTS

Germany – Jun: Factory orders decrease; -3.2% from -1.6% / AP / B *

Italy – Q2: Falls back into recession; -0.2% from -0.1% / FT / B / NYT / AFP *

US – Jun: Trade Gap Narrows; -$42b from -$45b / WSJ / B / R *



---

MARKETS

M&As – How Tax Inversions Became the Hot Trend WSJ * *

M&As – Corporate acquirors take early aim at their target’s investors FT * * *

M&As – Walgreens drops plans to relocate its headquarters FT / WSJ / AP / R / B / NYT

M&As – Fox Withdraws Time Warner Bid WSJ / FT / NYT / R / B *

M&As – Sprint Abandoning Pursuit of T-Mobile WSJ / R / B / FT / NYT

M&As – Gannett to hive off publishing operations FT / WSJ *

M&As – Wall Street’s dark day FT



---

ECONOMICS

Africa – Aims to Boost Trade with US WSJ / AP / FT / WSJ *

Africa – Beijing invites US to link up FT / FT / FT e *

Africa – Corporates gain appetite for debt FT *

Africa – Investors chasing high returns are ready to overlook dangers FT * * *

Africa – Booming Lion Economies Gear Up to Emulate Asians B

Africa – Mobile Data Use Doubles wsj *

Africa – A dogged firm has brought fast broadband to landlocked areas E *

Africa – Pentagon confronts militant dilemma FT *



---

POLITICS & FISCAL POLICY

Ukraine – Putin Orders Retaliatory Measures WSJ / FT / B

Ukraine – Strong links with Russia are putting Merkel’s policy to the test FT * * * *



---

MONETARY POLICY

RBA – Australia Holds Key Rate at Record Low WSJ

RBI – India holds rates in inflation fight FT / WSJ *



---

FINANCE

US – Tells Big Banks to Rewrite ‘Living Will’ Bankruptcy Plans WSJ / FT



---

REAL ESTATE

US – Mortgage Standards Ease for First Time Since Housing Bust WSJ *

US – Is There Really a Shortage of Construction Workers? wsj * *

US – CoreLogic: House Prices up 7.5% AP / cr *



---

SERVICES

Retail – Shoppers Are Fleeing Physical Stores WSJ *



---

MANUFACTURING

Robots – Surgical Model Fails to Show Advantages WSJ

Robots – Rise of China N *



---

TECH

Cybersecurity – Russian Gang Said to Amass 1.2b Stolen Internet Credentials NYT / wsj / B



---

TRADE & TRANSPORTATION

Rail – Oil group wants highest-danger label for Bakken R

Rail – Bitumen-only trains expand oil sands reach FP



---

COMMODITIES

Coffee – Unseasonal rains in Brazil sends price higher FT

Coffee – Producers Sell More at Home, Driving Up the Price of a Cup WSJ *



---

ENERGY & ENVIRONMENT

Oil – Libya: Risks Remain to Supply Despite Reopening of Ports, Fields WSJ

Oil – Mexico: Passes Fresh Energy Laws, Advancing Sector Reform WSJ / NYT

Oil – Gulf: Armed with new technology, oil drillers revisit Gulf of Mexico R

Oil – Refiners: Surge in European Use of Diesel Cars Is Challenge for NYT

Oil – Majors: ‘Should Consider Downsizing’ WSJ *




---

LABOR & EDUCATION




---

HEALTH

Demog – Africa: Projected urban growth motw *

Demog – Africa: Fertility rates for each country / motw *

Demog – Africa: HIV Prevalence / reddit *



---

ENDNOTE

Writing Systems around the world motw *



---




---

Today’s Issue Cluster: Autos

Ukraine – Buildup Makes Russia Battle-Ready
Shale – Nigeria oil imports from US almost match exports
Delivery – Walmart Canada free shipping may soon become the new normal



---

MAJOR DATA POINTS

Indonesia – Q2: GDP Grows at Slowest Pace in Five Years; +5.12% from +5.22% / WSJ / AFP *

EZ – Jun: Retail Sales Growth Highest Since Early 2007; +0.4% from +0.3% / WSJ *

US – Jul: ISM Services Sector Expands; 58.7 from 56.0 / WSJ / R / AP / B *

US – Jul: Markit services growth dips, still strong; 60.8 was 61.0 / R * *

US – Jun: Factory orders rise solidly; +1.1% from -0.6% / R *



---

MARKETS

Bonds – Investors blow froth off junk market FT *

Bonds – Municipal Debt Ebbs As Banks Loan IBD *



---

ECONOMICS




---

POLITICS & FISCAL POLICY

Ukraine – Buildup Makes Russia Battle-Ready NYT / B

Ukraine – US chicken farmers latest caught in Russia sanction crosshairs R

Ukraine – Year of BICs for Pimco as Brazil to China Gain B *



---

MONETARY POLICY




---

FINANCE

US – Insurers Post Lackluster Results WSJ / BW

US – Struggling Life-Insurance Companies Look to Middle-Class for Revival WSJ *



---

REAL ESTATE




---

SERVICES

Delivery – As Walmart Canada declares ‘war’ in online retail, free shipping may soon become the new normal CP / AP

Delivery – For FedEx and UPS, a Cheaper Route: the Post Office WSJ *



---

MANUFACTURING

Autos – World: New car sales up 3% in Q2 N *

Autos – China: Luxury carmakers slash prices FT / WSJ / WSJ *

Autos – China: Foreign Makers Introduce the Car Loan WSJ *

Autos – China: Mercedes-Benz Sales Surge WSJ / R / q *

Autos – Japan: After hybrid success, Toyota gambles on fuel cell AP

Autos – India: Finding Utility WSJ *

Autos – US: Sales growth slowed in July R / AP / FT / WSJ / NYT *

Autos – US: Auto sales party seen increasingly dependent on easy money R *

Autos – US: EPA Asks Car Makers to Road Test Fuel-Economy Claims WSJ *

Autos – US: Sales of Big SUVs Pulling the Weight at GM NYT

Autos – US: The Recovery of Heavy Truck Sales cr *

Autos – US: BMWs Made in America Surging as Biggest Car Export B / FT

Autos – Mexico: BMW to build $1b car plant FT / R

Autos – Mexico: Speeding Past Brazil in Cars BW *

Autos – Venezuela: Industry in a Free Fall WSJ

Autos – EU: Carmakers put the champagne on ice as sales inch forward FT / WSJ * * *

Autos – EU: VW and Fiat Chrysler deny report of merger talks R / ft

Autos – EU: Peugeot and Fiat discussed merger FT

Autos – EU: Daimler chief warns on potential for cyber attacks on cars FT / R

Autos – Mena: Ford targets ‘final frontier’ of Africa and Middle East FT

Autos – Turkey: Carmakers boost exports as domestic sales falter N *



---

TECH

Chips – Sales Tracking Toward Another Record in 2014 WSJ

Chips – Betting that Moore’s Law won’t matter in the internet of things q * *



---

TRADE & TRANSPORTATION

Digital – Data protectionism FT * *



---

COMMODITIES

Sand – Demand Takes Off Thanks to Fracking WSJ *



---

ENERGY & ENVIRONMENT

Shale – Big Spenders Needn’t Fight the Fed WSJ *

Shale – US: Dispute Flares Over Burned-Off Natural Gas WSJ *

Shale – Africa oil trade with US wanes after revolution FT *

Shale – Nigeria oil imports from US almost match exports B *



---

LABOR & EDUCATION




---

HEALTH

Insurance – More Surgery, Maternity Care, ER Visits Boost Hospital Admissions WSJ / NYT *



---

ENDNOTE

How liberal or conservative are America’s cities? e *



---




---

Today’s Issue Cluster: US Labor

EU – Will banking “big bang” loosen lending?
US – Affordable Housing Drives Middle Class to Cities Inland
Ship – Rates Drop as China Hydro Power Cuts Coal Need



---

MAJOR DATA POINTS

China – Jul: Official services PMI dips; 54.2 from 55.0 / R / WSJ *

EZ – Jun: Producer Prices Rise for First Time in 2014; +0.1%, -0.8% yr / WSJ *

UK – Jun: Markit Homebuilding Expands at Fastest Rate Since 2003; 68.0 from 66.8 / B *



---

MARKETS

Bonds – Tokyo Funds Snap Up European Debt WSJ *

Bonds – Europe’s haven eyes stormy high-yield FT * *

Bonds – Junk-Debt Liquidity Concerns Bring Sales WSJ * *



---

ECONOMICS

EU – Delivers earnings growth for the first time in three years FT *

EU – ‘Problem Is Equity, Not Debt’ WSJ *



---

POLITICS & FISCAL POLICY

EU – Handful of countries clearly opposed to the Euro eu *

EU – One-third say they don’t feel European q *



---

MONETARY POLICY

ECB – Draghi Picked Tough Time to Diet WSJ *



---

FINANCE

EU – Will banking “big bang” loosen lending? R

EU – UK banks step up opposition to new financial services tsar FT



---

REAL ESTATE

UK – London’s employers warn of economic effect of soaring costs FT *

UK – Long-distance London commuters push up local house prices FT

US – Affordable Housing Drives Middle Class to Cities Inland NYT *



---

SERVICES




---

MANUFACTURING

Yachts – Berths boom as super-rich rekindle love affair with luxury FT

Yachts – ‘A Job Engine, Not Self-Indulgence’ NYT



---

TECH

Mobile – Sprint and T-Mobile Play the Waiting Game WSJ

Mobile – France’s Iliad Makes Bid for T-Mobile US WSJ / FT / NYT / R / R *



---

TRADE & TRANSPORTATION

Ship – Rates Drop as China Hydro Power Cuts Coal Need B



---

ENERGY & ENVIRONMENT

Coal – A Dozen States File Suit Against New Rules NYT / B

Coal – China’s industry says times are hard, outlook worse CD

Coal – EPA Emissions Plan Draws Protest in Pittsburgh WSJ

Coal – US exports abroad AP *



---

COMMODITIES

Crops – Cocoa: High prices no match for a sweet tooth FT

Crops – Almonds: California drought poses threat to supplies FT

Crops – Rice: Drought-Resistant Strains Sows Wealth in India WSJ

Crops – Rice: Cambodia Looks For Place on the World’s Plate NYT



---

LABOR & EDUCATION

US – Hiring Settles Into Steady Gains WSJ / FT / R * *

US – Unemployment rose to 6.2% / r *

US – July jobs report: Stagnant wages r *

US – Jobs Report Shows High-Wage Sectors Finally Digging Out WSJ / wsj * *

US – Why So Few Are “Marginally Attached” to the Labor Force wsj * * * *

US – With Jobs, It’s the Taking Part That Counts WSJ *

US – It’s still hard out there for the unemployed 538 *

US – Two charts / q * *

US – Wages, Benefits Rise at Fastest Pace in Almost Six Years WSJ

US – Mid-Wage Work Comes Back B *

US – ‘Layoffs are becoming rare’ AP

US – ‘Near Economic, Jobs Speed Limit Already?’ IBD *



---

HEALTH

Ebola – African states seal off outbreak epicentre AFP *

Ebola – ‘Moving faster than efforts to control it’: WHO FT / NYT / AFP *

Ebola – Taxis, planes and viruses: How deadly virus can spread R *

Ebola – 35 countries one flight away from affected countries q *



---

ENDNOTE

The most commonly-spoken languages in London motw *



---