Bz Nwz




---

Today’s Issue Cluster: China Economy

Space – Startup Disruption Reaches the Final Frontier
Silicon Valley – ‘Europe strikes back’
Coal – Dirtiest Becomes Most Popular on EPA Rules



---

MAJOR DATA POINTS

EZ – Aug: Inflation Remains at Record Lows; 0.4% from 0.4% / WSJ / B / NYT *

US – Aug: Consumer prices post first decline in 16 months; -0.2% from 0.1% / R / WSJ / B *



---

MARKETS

China – Opens Stock Market to Foreign Investors WSJ *

China – Stock Rally Defies Construction Slowdown B *

China – Yuan Takes Corporate Profits Down With It WSJ *



---

ECONOMICS

China – Economic Slump Complicates Beijing’s Restructuring Plans WSJ *

China – Electricity output contracts 2.2% / b *

China – Cement production growth has slipped sharply q *

China – Moment of Truth: Financial Reform or Growth? WSJ *

China – State Companies Begin Hunt for Investors WSJ *

China – Record number of companies in red ink N * *

China – Firms Feel Unwelcome According to Survey WSJ / WSJ / B *

China – Aims to Shed Light on Local Debt WSJ *

China – Weak Demand for Asia’s Exports Sows Confusion wsj

China – Shanghai free-trade zone struggles to live up to its hype FT / *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY

PBOC – Provides $81b in Liquidity to Five Banks B / WSJ / B / B

PBOC – Struggles as Chinese Borrowers Hold Back WSJ



---

FINANCE

China – Credit Gauge Misses Estimates as Growth Risks Escalate B / b *

China – ‘Loans enough to ease collapse fears, not enough to drive rebound’ b *

China – Bad loans squeeze profits at biggest banks N *

China – Shape-shifting shadow banks evolve once more E *

China – Securitization Surge Raises Concerns WSJ *

China – State Banks Report Surge in Soured Loans WSJ / FT / R / N *

China – Bad bank clean-up crew FT / FT * * * *



---

REAL ESTATE

China – January to August Home Sales Decline WSJ / WSJ / b *

China – Property developers borrow at record pace FT / WSJ

China – Property Slump Spurs Record Loans to Builders B

China – Property Developers’ New Financing Tool Raises Red Flags WSJ *

China – Developer Debt Risk Rises as Sales Miss B *



---

SERVICES




---

MANUFACTURING

Space – Boeing-SpaceX Team Split $6.8b Space Taxi Award WSJ / NYT / FT / B / R

Space – Airbus to streamline through disposals FT / WSJ

Space – Startup Disruption Reaches the Final Frontier wsj



---

TECH

Silicon Valley – ‘Europe strikes back’ FT / FT / nyt *

Silicon Valley – Internet Power Balance Tilts Toward Asia WSJ *

Silicon Valley – Asian tech groups fail to exploit early advantage against Apple FT *

Silicon Valley – Tying up the internet FT * * * *



---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Coal – China limit on ash content set to hit global miners FT / WSJ / SMH / ABC / SMH / SMH / smh / r *

Coal – Dirtiest Becomes Most Popular on EPA Rules B



---

LABOR & EDUCATION




---

HEALTH

Demog – China: Stern Warnings About Falling Fertility Rate wsj *



---

ENDNOTE

The countries that have declared independence from the UK gp *



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---

Today’s Issue Cluster: Beer

Mobiles – Why Apple Watch Doesn’t Have Wireless Charging
Oil Sands – Canada oil-train boom may thwart winter crude price slump
US – Tally of Uninsured Fell by 3.8m in Early 2014



---

MAJOR DATA POINTS

Germany – Sep: ZEW Investor Confidence Falls to Weakest Since 2012; 6.9 from 8.6 / B / AP / AFP *

US – Aug: Weak gasoline, food prices dampen producer inflation; flat from +0.1% / R / WSJ / AP *



---

MARKETS

Bonds – Fed Stimulus Has Led to $1t Rally BW *



---

ECONOMICS




---

POLITICS & FISCAL POLICY

EU – Protest Buffets Elites as Sweden Votes Anti-Immigrant B / R / FT / WSJ / NYT



---

MONETARY POLICY

Fed – World waits for white smoke R / FT / NYT / WSJ *

Fed – Yellen Seeks Interest-Rate Consensus WSJ *

Fed – A Dovish Market Has History on Its Side cfr *



---

FINANCE

eWallets – US banks race to gain Apple Pay card advantage FT

eWallets – Card Issuers Jump Onto Apple Pay Bandwagon WSJ *

eWallets – Apple Pay poised to do for payment companies what the iPod did for the music industry FT



---

REAL ESTATE




---

SERVICES

F&B – Heineken Rebuffs SABMiller Overture WSJ / R / NYT *

F&B – SABMiller’s Heineken approach pumps up takeover talk FT / WSJ / NYT / R * * * *

F&B – AB InBev Explores Financing to Buy SABMiller WSJ * *

F&B – Corona & Modelo are the only major ‘American’ beers WSJ *

F&B – US thirst for craft beers refreshes British hop growers FT

F&B – The Slow, Watery Death of Light Beer in America BW

F&B – Craft Beer Takes a Bigger Swig of the Shrinking Beer Market wsj * *

F&B – Is Sam Adams Too Big to Be Craft Beer? 538 *

F&B – What’s Making American Beer Great Again / b *

F&B – Hot New Job: Migrant Beer-Canning Expert WSJ

F&B – Bourbon production reaches high point since ’70s AP

F&B – Anatomy of American Alcohol Consumption wsj * *

F&B – Where the biggest drinkers live in the US wapo *

F&B – Venezuela Sips More Local Rum, Less Pricey Whiskey WSJ *

F&B – Argentina’s Wine Exports Get Squeezed by Inflation WSJ

F&B – Duty on wine in EU / t *

F&B – Which Country Drinks the Most? WSJ *

F&B – Worldwide alcohol consumption among adults / am *



---

MANUFACTURING




---

TECH

Mobiles – Should Watchmakers Be Worried? BW / NYT *

Mobiles – Why Apple Watch Doesn’t Have Wireless Charging nyt / R *

Mobiles – No sapphire on new iPhone R / vb *



---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Oil Sands – Canada oil-train boom may thwart winter crude price slump R

Oil Sands – Among riskiest energy plays in the world, report says CP

Oil Sands – Dream evaporates with bondholders facing 40% loss B

Oil Sands – Athabasca’s uneasy ‘dance’ with PetroChina leaves investors worried FP

Oil Sands – Cost-cutting fever grips players as economics called into question FP / FP

Oil Sands – New technologies are being used to extract bitumen E *



---

LABOR & EDUCATION




---

HEALTH

US – Is Another Health-Care Spending Shakeup Coming for GDP? wsj / WSJ *

US – Tally of Uninsured Fell by 3.8m in Early 2014 WSJ / NYT *

US – Cost of Employer Health Coverage Shows Muted Growth WSJ *

US – Fewer Uninsured Face Fines as Health Law’s Exemptions Swell WSJ *

US – ObamaCare Medicaid Expansion Hurdles Loom IBD *



---

ENDNOTE

Countries that don’t have a currency of their own q *



---




---

Today’s Issue Cluster: Japan

Silicon Valley – ‘Era of untrammelled global expansion is over’: FT
Shale – Shell Finds Stretch Utica Boundary Many Miles East



---

MAJOR DATA POINTS

China – Aug: Industrial Production Slumps to Six-Year Low; +6.9% from +9.0% / WSJ / R / B / AP / AFP / X *

US – Aug: Industrial Output Falls for First Time Since January; -0.1% from +0.2% / B / WSJ / AP / cr *



---

MARKETS

Currencies – Volatility is back FT *

Currencies – Bitcoin unlikely to enjoy widespread use FT / coinsman *



---

ECONOMICS

Japan – Alternative Index Shows Price Fall WSJ *

Japan – Economy has shown virtually zero real growth FT * * *

Japan – ‘Abenomics’ feared in trouble as challenges build R / WSJ / FT / WSJ

Japan – Abe Adviser Warns Against Further Sales-Tax Increase WSJ / B

Japan – Prepares to tackle debt burden FT * *

Japan – Auto, machinery makers cheer strong results abroad N / B *

Japan – Stock Rally Fate Found in Watching Won B *

Japan – Abe Wants to Get Women Working WSJ *

Japan – Now World’s Least Optimistic wsj *



---

POLITICS & FISCAL POLICY

Japan – Majority in China expect war FT



---

MONETARY POLICY

BOJ – Aso Signals Prepared to Boost Stimulus for Growth B / R / R / FT / WSJ / B / WSJ *

BOJ – Japan’s Phillips curve is sloping up says Iwata / b *



---

FINANCE




---

REAL ESTATE

Japan – Tokyo condominium prices have fallen sharply N *



---

SERVICES

Streaming – Netflix ready for its European close-up FT / WSJ / R / AP / NYT / E / WSJ / BW * *

Streaming – The shifting sands of video consumption / q *



---

MANUFACTURING

Space – Japan’s Tech Giants Look for Growth WSJ *



---

TECH

Silicon Valley – ‘Era of untrammelled global expansion is over’ FT



---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Shale – Fracking Gives US Energy Boom Plenty of Room to Run WSJ *

Shale – Shell Finds Stretch Utica Boundary Many Miles East B / cd * *



---

LABOR & EDUCATION

Japan – Overlooked Data Shows Wages Rising wsj *

Japan – Kuroda Urges ‘Visible Hand’ to Raise Wages wsj / B *

Japan – Tokyo Gives Housewives Hard Choice WSJ *



---

HEALTH

Tech – Japan’s medical services look for growth by going abroad N * *



---

ENDNOTE

Cheese consumption highly correlated to rate of death by entanglement in bed sheets spuriouscorrelations *



---




---

Today’s Issue Cluster: Oil

US – Stressed Borrowers Rattle Resurgent Subprime Lending Industry
Water – Quenching Beijing’s thirst may stunt regional growth
Ads – Technology is radically changing the business



---

MAJOR DATA POINTS

EZ – Jul: Industrial production rose more than forecast; +1.0% from -0.3% / B / b *

US – Aug: Retail Sales Rise; +0.6% from +0.3% / WSJ / R / B *

US – Aug: UMich consumer sentiment at 14-month high; 84.6 from 82.5 / R / B / cr *



---

MARKETS

Venezuela – Spectre of default looms despite oil reserves FT * * *



---

ECONOMICS

EMs – The headwinds return E * * *



---

POLITICS & FISCAL POLICY

Ukraine – EU Agrees to Implement New Sanctions WSJ / NYT / AP / R / B / B

Ukraine – Putin Oil Deals With Exxon Imperiled by Sanctions WSJ / B / WSJ / FT *

Ukraine – With Gas Cut Off, Kiev Looks West NYT

Ukraine – Russia tightens gas supplies to Poland FT / AP / WSJ

Ukraine – Eastern Europe Braces for Energy Shortages WSJ / WSJ *

Ukraine – Russia threatens to cap western car and clothing imports FT



---

MONETARY POLICY

BC – Chile Cuts Rate for Seventh Time in Last Year Amid Slowdown B

BCRP – Peru Cuts Rate to 3.5% as GDP Slowdown Damps CPI Pressures B



---

FINANCE

US – Stressed Borrowers Rattle Resurgent Subprime Lending Industry NYT *



---

REAL ESTATE




---

SERVICES

Ads – Technology is radically changing the business E / E / E / E * * * *

Ads – Will Dollars Return to TV? WSJ *



---

MANUFACTURING




---

TECH




---

TRADE & TRANSPORTATION

Ship – Maersk, MSC to Hold Talks With US Watchdog Over Alliance WSJ / WSJ

Ship – China Tries Natural Gas to Fuel Shippers on the Yangtze River WSJ *



---

COMMODITIES

Water – Quenching Beijing’s thirst may stunt regional growth R *

Water – Hopes for a Strong El Niño Fade in California NYT *

Water – As Agriculture Swoons, West Coast Firms Avoid Worst WSJ / kottke * *



---

ENERGY & ENVIRONMENT

Oil – IEA Cuts 2015 Demand Forecasts WSJ / FT *

Oil – OPEC Says World Will Need Less of Its Crude Next Year WSJ

Oil – Glut Ignites Gasoline Price Swoon WSJ *

Oil – Slowing demand growth in Asia sparks diesel glut FT *

Oil – Strong demand sends jet fuel soaring FT *

Oil – Traders squeeze profit from the future FT *

Oil – Study: Want lower gas prices? Ship more abroad AP / wsj

Oil – Alaska Lures Back Big Companies With Big Tax Breaks BW *

Oil – Saudi Arabia Sales to US Imperiled by Shale Boom B

Oil – China’s Petroleum Reserve Builds Shaky Floor WSJ *

Oil – Rampant fraud in Chinese industry proves hard to eliminate N *

Oil – Energy firms hope for new frontier in Morocco FT *



---

LABOR & EDUCATION

Australia – ‘Bizarre’ surge in jobs numbers FT * *



---

HEALTH

Ebola – The Threat Grows Worse S / FT / NYT / WSJ / R / AP ** *

Ebola – Fast-tracking treatments E *

Ebola – Economic Toll on Africa Starts to Emerge WSJ / FT / NYT / R * *



---

ENDNOTE

The Confusing World of International Sport in the British and Irish Isles motw *



---




---

Today’s Issue Cluster: Gaming

Asean – Looking Beyond China, Some Companies Shift Personnel
Mobiles – Apple Watch Threatens Lower-Priced Swiss Timepiece Brands
Iron – Price collapse to cost big miners $10b



---

MAJOR DATA POINTS

China – Aug: CPI Softens; 2.0% from 2.3% / WSJ / B / X *

China – Aug: PPI down; -1.2% from -0.9% / X *

US – Week: Jobless Claims Rose; +11k to 315k / WSJ / B / R / cr *



---

MARKETS

Currencies – Markets Jolted After Months of Calm WSJ * *

Currencies – US economic recovery feeds yen bears FT * * *

Currencies – Asia Storms Higher Against US Dollar WSJ *



---

ECONOMICS

Turkey – Economic growth slower than expected FT * *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY

World – Fed and ECB drive market divergence FT / B * * * *



---

FINANCE




---

REAL ESTATE

Asean – Looking Beyond China, Some Companies Shift Personnel NYT

Asean – Wealthier Southeast Asians moving into richer digs N *



---

SERVICES

Gaming – NJ: Three Atlantic City Properties Closed WSJ / WSJ * *

Gaming – NJ: Trump Casinos Lawyer Sees ‘Significant Possibility’ of a Shutdown WSJ / R / q * *

Gaming – NJ: Atlantic City’s Big Bet on Gambling Sours WSJ *

Gaming – NJ: Considers Ending Atlantic City’s Gambling Monopoly B / NYT / FT

Gaming – NY: As Casinos Close in Atlantic City, a Push for More, Closer to City NYT / NYT *

Gaming – NY: Albany Doubling Down as Casino Boom Fades NYT *

Gaming – MA: May Shut Down Casinos Before Even One Opens NYT *

Gaming – Macau: Wary High-Rollers Shy Away From Casinos WSJ *

Gaming – Macau: China’s housing down, and taking casinos with it q * *

Gaming – Macau: Gambling revenue posts first decline in more than four years R / WSJ / C *

Gaming – Macau: Casinos Lose to Lottery During World Cup B *

Gaming – Macau: Casino workers demand bigger share of the winnings R *

Gaming – Macau: Luck runs out for gaming stocks FT / B *

Gaming – HK: Gambling Companies Bet on Stock Market WSJ *

Gaming – Japan: How Casinos Could Save $187b Pinball Pastime B / R / BW / B

Gaming – Vietnam: Casinos May Get Local Gamblers in State Revenue Push B

Gaming – Australia: Multibillion-Dollar Bet Hits Snag WSJ

Gaming – Vegas: Australian Billionaire James Packer Bets Again WSJ



---

MANUFACTURING




---

TECH

Mobiles – Apple Watch Threatens Lower-Priced Swiss Timepiece Brands B / R / AFP / bi / FT *

Mobiles – ‘Why Apple’s Tap-to-Pay Beats Credit Cards’ WSJ

Mobiles – Retailers seen unlikely to warm up to Apple Pay R / WSJ

Mobiles – With New Apple Products, a Privacy Challenge NYT



---

TRADE & TRANSPORTATION




---

COMMODITIES

Iron – Price collapse to cost big miners $10b Aus / SMH / FT * *

Iron – Asian Investors’ Bets in Australia Fail to Pay Off WSJ *

Iron – China’s Global Mining Play Is Failing to Pan Out WSJ * *

Iron – China Scraps Demand for Ore WSJ *

Iron – ‘Collapsing steel prices another ominous sign’ r * *



---

ENERGY & ENVIRONMENT




---

LABOR & EDUCATION




---

HEALTH




---

ENDNOTE

What sells and why at the very top of the global art market e *



---




---

Today’s Issue Cluster: Mobiles

Cocoa – As price soars, chocolate makers devour substitutes
Shale – Fracking Spurs a Rust Belt Rebound in Manufacturing
Internships – Have become major route to professional work



---

MAJOR DATA POINTS

Japan – Jul: Machinery Orders Rise for Second Month; +3.5% from +8.8% / WSJ / R

US – Jul: Wholesale inventories post smallest gain in a year; +0.1% from -0.2% / R *



---

MARKETS

Brazil – Market Gains as Politics Shift WSJ / FT / B *



---

ECONOMICS

EU – France misses its EU budget deficit target FT / WSJ / AFP *

EU – Berlin rejects spending splurge to boost recovery FT / S * *

EU – Germany’s growth threatened by creaking transport network FT * *

EU – Glut of Production Capacity Dogs Efforts to Spur Recovery WSJ *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY

ECB – Dip in inflation expectations blow to Draghi FT

ECB – Draghi pins hopes on ‘orphan child’ plan FT / WSJ / FT * *

ECB – Obstacles loom for loans plan FT *



---

FINANCE

eWallets – Apple Watch to Allow Mobile Payments WSJ / FT / WSJ / FT * *

eWallets – The Future of Payments / bi *



---

REAL ESTATE

EU – Spain: House prices rise for first time in 6 years FT / WSJ *

EU – Greece: Investors Returning to Market WSJ *



---

SERVICES




---

MANUFACTURING

Autos – Europe car parts makers rebel over China exclusivity deals FT / WSJ

Autos – Super Glues Are the Secret to Making Cars Lighter WSJ



---

TECH

Mobiles – Apple Shows Off Smartwatch, Larger-Screen iPhones WSJ / FT / NYT / B / R / AP * * * *

Mobiles – Apple Boss Makes His Boldest Bets Yet WSJ *

Mobiles – Reviews: ‘Apple Is Back and Better Than Ever’ NYT / WSJ / ft

Mobiles – Delayed iPhone Release Highlights Apple’s Challenges in China WSJ *

Mobiles – Apple’s Watch a boost for wireless charging R

Mobiles – US watchmakers are already feeling the pinch q *

Mobiles – New iPhone Faces Risk as Carriers Phase Out Subsidies WSJ *

Mobiles – Apple’s Next Big Focus: Your Health WSJ

Mobiles – Smartphones are getting bigger q *

Mobiles – Amazon Slashes Fire Phone to 99 Cents FT / WSJ / NYT

Mobiles – Mozilla Makes Asia Debut With $33 Smartphone in India B

Mobiles – Lenovo Takes On Apple, Samsung in Smartphones WSJ *

Mobiles – Coolpad Eyes Overseas Expansion, Considers Acquisitions WSJ *

Mobiles – Samsung Localizes Southeast Asia Strategy WSJ *

Mobiles – India next target for Chinese, Taiwanese smartphone makers N *

Mobiles – Asians are snapping up full-size tablets that can make calls q *

Mobiles – School Is Back and So Are Tablet Shoppers wsj *

Mobiles – Apple’s Next Act for the iPad WSJ / B *



---

TRADE & TRANSPORTATION




---

COMMODITIES

Cocoa – As price soars, chocolate makers devour substitutes R

Cocoa – Nigeria nurtures its once-unloved industry as prices flourish R

Coffee – Rally pauses despite crop concerns FT *



---

ENERGY & ENVIRONMENT

Shale – Fracking Spurs a Rust Belt Rebound in Manufacturing NYT

Shale – ‘Drillers Piling Up More Debt Than Oil Hunting Fortunes’ B * *



---

LABOR & EDUCATION

Internships – Have become major route to professional work E *



---

HEALTH




---

ENDNOTE

The logic of logos e *



---




---

Today’s Issue Cluster: Nuclear Power

US – Why More Renters Aren’t Buying: Weak Incomes, Savings
Google – Target of European Backlash on US Tech Dominance
Pharma – ‘Don’t Take Your Vitamins’



---

MAJOR DATA POINTS

US – Jul: JOLTS Jobs Openings Down; -0.1%, +22% yr / cr *



---

MARKETS

Bonds – Europe banks lead US debt markets charge FT * * *

Bonds – US Debt Gets a Boost From Abroad WSJ *

Bonds – Companies Step Up Sales as Rates Remain Low WSJ *

Bonds – Driving Muni Rally: Communities Reluctant to Borrow WSJ *



---

ECONOMICS

Australia – Culture clash FT * * *



---

POLITICS & FISCAL POLICY

Ukraine – EU Delays Sanctions B / WSJ / NYT / R / WSJ

Ukraine – New EU Sanctions to Stop Fundraising by 3 Russian Oil Giants WSJ / FT / AFP / R

Ukraine – EU Need for Russian Gas Wanes as Stores Fill B *

Ukraine – Russia aims to choke off gas re-exports to Kiev FT *

Ukraine – Russia Threatens More Retaliation WSJ / B / WSJ / FT / FT

Ukraine – Effective sanctions have always been hard to craft E *



---

MONETARY POLICY




---

FINANCE

US – Fed to Hit Biggest Banks With Tougher Capital Surcharge WSJ *

US – Main St subprime lenders under pressure FT



---

REAL ESTATE

US – Why More Renters Aren’t Buying: Weak Incomes, Savings wsj / wapo * * *

US – Luxury Builder Toll Brothers Sees Lofty Prices Turning Off Buyers wsj *

US – ‘McMansions’ not only survive, they’re getting bigger wapo * *



---

SERVICES




---

MANUFACTURING

Appliances – Sale Shifts GE Further Away From Consumers WSJ / WSJ / FT / NYT / R / B / AP * *

Appliances – GE Deal Won’t Soak Whirlpool WSJ



---

TECH

Google – Target of European Backlash on US Tech Dominance NYT



---

TRADE & TRANSPORTATION

Rail – RR chiefs in plea on grain delays FT / AP



---

COMMODITIES

Metals – Gold: India prepares for shining return of demand FT * *

Metals – Zinc: Deficiency Gives Investors a Jolt WSJ *

Metals – Rare Earths – China export jumps 31% X / X

Metals – Rare Earths – Japan to import from India N *



---

ENERGY & ENVIRONMENT

Nuclear – UK outage heightens energy supply fears FT *

Nuclear – Belgium Nuclear Halts Boost Power Premium on Supply Risk B

Nuclear – The cost of caring for Europe’s elderly plants R *

Nuclear – Promises of easier construction fall short AP / AP

Nuclear – Power Plants Heading Out to Sea in Post-Fukushima Japan B *

Nuclear – Russian, Chinese Companies Sign Memorandum to Build Floating Plants RIAN *

Nuclear – Australia to sign uranium export deal with India FT / N

Nuclear – Fukushima Specter Seen Easing as Uranium Rises B *

Nuclear – Feds want waste train, but nowhere to go AP

Nuclear – South Korea running out of spent fuel storage space R



---

LABOR & EDUCATION

World – In rich countries, wages are stuck E *



---

HEALTH

Pharma – ‘Don’t Take Your Vitamins’ 538 *



---

ENDNOTE

Countries with fewer people than Los Angeles County reddit *



---




---

Today’s Issue Cluster: US Labor

Scotland – Referendum History Points to No
Metals – Mercury: Japan industry fights ‘Minamata’ costs as trade ban looms
Hospitals – Rural facilities pressured to close as healthcare system changes



---

MAJOR DATA POINTS

Japan – Q2: Economy Shrank More; -7.1% was -6.8% / WSJ / R / FT / B / AP / N *

China – Aug: Exports Grew; +9.4% from +14.5% / WSJ / B / AP / AFP / R *

Germany – Jul: Exports Reach All-Time Highs; +4.7% / B / AP *



---

MARKETS

IPOs – Germany starts warming FT * *

IPOs – US having a big year q * * * *



---

ECONOMICS

World – US-Asia Decoupling Seen in Export Weakness B *

World – Composite PMI ranking / b *

World – Real GDP per capita growth over the past 10 years ft *



---

POLITICS & FISCAL POLICY

Scotland – UK Scrambles as Independence Campaign Makes Gains WSJ / FT / R / B *

Scotland – Referendum History Points to No B *

Scotland – Rival camps wade into debate over oil reserves FT * * *

Scotland – ‘Would be a rich country with terrible prospects’ E * * * *



---

MONETARY POLICY

Fed – Jobs Report Bolsters Yellen’s Caution B / WSJ / WSJ / wsj *

Fed – Doves Coming Home to Roost at Fed as Yellen Gets Suppport B



---

FINANCE




---

REAL ESTATE




---

SERVICES

Media – Chinese Web Firms Invest in Original Shows WSJ / WSJ *

Media – For Hollywood, Not All Box Office Dollars Are Equal WSJ * *



---

MANUFACTURING




---

TECH

PCs – Intel Spurs Market for Laptop-Tablet 2-in-1s WSJ

PCs – Reboot Risks and Rewards for Makers WSJ / R *

PCs- ‘Nakeds’ lay bare Microsoft’s EM problem R



---

TRADE & TRANSPORTATION




---

COMMODITIES

Metals – Iron: ‘Buyers’ strike’: Ore falls to continue WSJ / WSJ / FT / SMH *

Metals – Mercury: Japan industry fights ‘Minamata’ costs as trade ban looms R *



---

ENERGY & ENVIRONMENT

NatGas – US Exports Fuel Mexican Manufacturing Boom WSJ / wsd *



---

LABOR & EDUCATION

US – Slowdown In Hiring Brings Letdown On Growth Outlook WSJ * * *

US – Payrolls: smallest gain in 8 months / r *

US – Unemployment falls to 6.1% / r *

US – UE duration down, discouraged up, participation rate slips / r *

US – Two charts / q * *

US – ‘The Worst Job Stat Continues To Get Even Worse’ IBD *

US – Job Openings Hit 13-Year High wsj * *

US – America Inc. Gets Schooled on Wages WSJ *

US – On Pace for Most Announced Job Cuts in Four Years / b *

US – Why Are Jobless Claims Falling So Fast? wsj *

US – Market less flexible than in 1990, economists warn R

US – ‘Work’s for Squares’ Bn * *

US – Help Wanted (a Lot): Home-Health Aides WSJ *

US – Millennials aren’t changing jobs as much WaPo * *

US – Don’t Blame Shrinking Work Force Participation on Great Recession: Fed Board Paper wsj *

US – Demographics and GDP growth ft * *



---

HEALTH

Hospitals – Desperate Chinese Seek Medical Care Abroad WSJ *

Hospitals – Tenet, HCA Facing Longer-Term Tests IBD

Hospitals – Rural facilities pressured to close as healthcare system changes R *



---

ENDNOTE

Dominant political forces in Europe e *



---




---

Today’s Issue Cluster: Latin America




---

MAJOR DATA POINTS

Germany – Jul: Output Beats Forecasts; +1.9% from +0.4% / WSJ / AP / AFP *

US – Aug: Jobs growth disappoints; +142k from +212k / FT / WSJ / NYT / AP / R / B *



---

MARKETS

Argentina – Global giants head for court in assets wrangle FT / WSJ * *

Brazil – ‘Marina effect’ lifts assets FT *



---

ECONOMICS

Brazil – Economy slips into recession FT / WSJ / B * * *

Brazil – Petrobras: Tarred by corruption FT *

Argentina – Companies fear radical turn FT * * * *

Argentina – Fernández support wanes as focus is on everyday concerns FT *

Argentina – Mix of Money and Politics Stirs Intrigue Around Kirchner WSJ * *

Colombia – Overtakes Peru to become the region’s fastest-growing big economy E *

Colombia – Wins Investors’ Favor—And That’s the Problem WSJ *

Venezuela – Opposition Fails to Exploit Woes, Leader Says WSJ *

Mexico – Looks to Raise Wages WSJ

Mexico – Nieto’s reforms fail to dispel gloom FT / E * * *

LatAm – Sluggish results show risks for US companies R *

LatAm – Countries are the most likely to default e *



---

POLITICS & FISCAL POLICY

Brazil – Polls Show Silva Defeating Rousseff WSJ / R / B / Folha *

Brazil – Silva Creates Competition for Rousseff WSJ *



---

MONETARY POLICY

BCB – Brazil Signals Key Rate on Hold Until Next Government Sworn In B



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FINANCE




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REAL ESTATE

Brazil – Bubble Seen Deflating Without Pop B



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SERVICES

E-Cigs – Critics fume over WHO call for curbs FT

E-Cigs – Battle starts to heat up FT

E-Cigs – Reynolds taking nicotine gum national AP *



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MANUFACTURING

Plug-Ins – Tesla Confirms Nevada to Get Battery Factory WSJ / NYT

Plug-Ins – US Utilities Push the Electric Car WSJ / WSJ *

Plug-Ins – Tesla, General Motors Lead IBD

Plug-Ins – Do bank analysts dream of electric cars? ft * * *

Plug-Ins – Electric cars as a medium for electricity storage and discharge ft * *

Plug-Ins – Electric cars fail to rev up Germans AFP

Plug-Ins – BYD develops new electric car with Daimler FT

Plug-Ins – China To offer tax breaks on electric cars, limited mostly to local brands R / WSJ



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TECH

Internet – China troika sweeps up rivals FT

Internet – German companies struggle to rise to Silicon Valley challenge FT *



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TRADE & TRANSPORTATION

Delivery – USPS Cutting Rates to Win E-Commerce Business WSJ / R / WSJ *

Delivery – Senators Seek Moratorium on USPS Closures WSJ *

Delivery – UPS and FedEx invest in technology to meet soaring demand FT *



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COMMODITIES

Beef – Greener Pastures Signaling Rebound in US Supplies B

Pork – Awaiting an Uptick in US Demand WSJ

Pork – It Pays to Count China’s Little Piggies WSJ *



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ENERGY & ENVIRONMENT

Coal – US: MT mine deal aims to boost Asian exports AP

Coal – India: Strike threat raises fuel shortage fears FT

Coal – Indonesia: Doubts speed of China import curbs R / r *



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LABOR & EDUCATION

Brazil – Slump hits job market as election approaches R *

Brazil – Workforce Drop to Shield Jobless Rate B *



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HEALTH

Pharma – FDA Approves Merck’s Cancer Drug WSJ / NYT *

Pharma – Powerful New Cancer Drugs Offer Hope—at Steep Cost WSJ



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ENDNOTE

Grade expectations E *



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Today’s Issue Cluster: Autos

World – From Chocolate to Beer, Shrinkflation Is Unseen Pressure
Crops – Olive Oil: Consumption on steady rise in US
US – Medicare Not Such a Budget-Buster Anymore



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MAJOR DATA POINTS

Germany – Jul: Factory Orders Rebound; +4.6% from -2.7% / B / WSJ / AP *

US – Aug: ADP private sector hiring slows; +204k from +212k / R / WSJ / B *

US – Week: Jobless claims rose; +4k to 302k / B / AP *

US – Aug: ISM services growth strongest since August 2005; 59.6 from 58.7 / R *

US – Jul: Trade deficit shrank; -0.6% to $40b / B / R / WSJ / AP / ei *



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MARKETS

Bonds – UK: Scotland vote threatens to trip up gilts FT

Bonds – Germany: Negative Bund yields highlight Europe’s ‘chronic problem’ FT * * *



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ECONOMICS

World – From Chocolate to Beer, Shrinkflation Is Unseen Pressure B

World – The Shifting Economics of Global Manufacturing bcg * * *

World – Global factory activity / r *

World – “Oops, we raised rates too soon” ft *



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POLITICS & FISCAL POLICY




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MONETARY POLICY

ECB – Acts to boost EZ with rate cut and asset purchases FT / WSJ / NYT / B / AP / R * * * * *

BOE – Keeps Record-Low Rate on Weak Inflation FT / B / R / WSJ / NYT *

Fed – Economic Outlook Brightens During Summer WSJ / FT / AP / FT / WSJ *



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FINANCE




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REAL ESTATE




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SERVICES




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MANUFACTURING

Autos – US: August Auto Sales Reach for Record WSJ / R / FT / NYT / B / AP *

Autos – US: Booming crossover SUV sales trigger car discounts AP

Autos – US: Compact Cars in Breakthrough WSJ

Autos – US: Demand Ebbs for Electric, Hybrid Cars WSJ

Autos – US: Car Makers Ask: Is This as Good as It Gets? WSJ *

Autos – US: Massive GM Recalls Put Strain on Dealers WSJ *

Autos – US: Falling used-car prices will drive up new-car incentives R

Autos – World: Volkswagen gaining on Toyota in global sales race N *

Autos – World: Nissan, BMW; ‘Chinafication’ or ‘Germanification’ N *

Autos – China: Mercedes-Benz accused of breaching anti-monopoly laws FT / WSJ / R / AP / NYT

Autos – China: Antitrust ruling blunts foreign criticism FT / NYT / E * *

Autos – China: Sales lose out to interest in World Cup CD *

Autos – China: Japanese Cars Are Losing Their Cachet WSJ / WSJ *

Autos – China: Volvo to Release First Model Revamped Under Ownership WSJ / FT *

Autos – Korea: Kia Struggles as Sibling Hyundai Speeds Ahead WSJ *

Autos – Indonesia: Seen Beating Thailand in Auto Sales B *

Autos – Germany: Deepening rivalries test luxury car dominance R

Autos – UK: Sales rise but boom is set to stall, analysts warn FT *

Autos – South America: Chinese makers driving ahead N *

Autos – Brazil: Recession puts brake on once-booming car industry FT * * *

Autos – Mexico: Kia Plans $1b Car Assembly Plant WSJ / AP

Autos – Mexico: Industry Overtakes Brazil’s WSJ



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TECH




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TRADE & TRANSPORTATION




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COMMODITIES

Crops – GMOs: Monsanto, Under Attack, Has a New Defender WSJ *

Crops – Palm Oil: Producers face perfect storm FT * *

Crops – Olive Oil: Consumption on steady rise in US q * *

Crops – Sugar: Brazil Sector Goes on a Diet WSJ *

Crops – Harvest: ‘Crop tourists’ predict record for corn and soybeans FT *



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ENERGY & ENVIRONMENT

Coal – US stocks could gain on Russia tension R

Coal – Miners See Signs of Recovery as Prices Stabilize WSJ *

Coal – Indian power groups’ shares surge on hope of rights reversal FT

Coal – India Blackouts Widen as Stocks Drop at Power Plants B / r *



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LABOR & EDUCATION

OECD – Warns wage cuts create deflation risk FT / WSJ / wapo *



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HEALTH

US – Health Spending Grew 3.6% in 2013, Projections Show WSJ / NYT / wapo * * *

US – Medicare Not Such a Budget-Buster Anymore nyt / nyt *



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ENDNOTE

Camouflages of the World reddit *



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