Today’s Issue Cluster: Games
Turkey – Lira atrophies as Erdogan loses big-city support
China – Hundreds rush to rural banks after solvency rumors
Canada – Fears of a housing bubble in overblown, report says
Germany – Mar: Ifo Business Confidence Slips on Ukraine Tension; 110.7 from 111.3 / WSJ / AP / B / b *
UK – Feb: Inflation Rate Falls to Lowest Since 2009 on Motor Fuel; 1.7% from 1.9% / B / m *
US – Mar: ConfBd Consumer Confidence Rose to Six-Year High; 82.3 from 78.3 / APB
US – Feb: Sales of New Homes Fell to Five-Month Low; -3.3%, -1.1% yr / WSJ / AP / RB
US – Jan: Case-Shiller Home Prices Slow Pace of Gains; +13.2% yr, -0.1% mo / WSJ / AP / R / B *
Brazil – S&P cuts rating to one notch above junk FT / WSJ / R / B
Brazil – Scrambles to avoid power rationing as costs soar R
China – Shows More Manufacturing Weakness in March WSJ / B / CD *
China – Grim Earnings Add to Bleak Corporate Outlook WSJ
China – Woes yet to scare off bond investors FT *
China – Bears face investment challenge FT *
China – Urbanization Loses Momentum as Growth Slows B
China – Australia’s Economy Survives Slowdown BW *
China – Australia’s luck runs out FT
Ukraine – G7 Threatens Russia With More Sanctions WSJ / FT / B / R
Ukraine – Russia braced for $70b in outflows FT / WSJ / R / WSJ
Turkey – Premier Faces Test in Istanbul WSJ *
Turkey – Lira atrophies as Erdogan loses big-city support N *
Fed – Growing repo role risks backfiring FT *
China – Hundreds rush to rural banks after solvency rumors R / WSJ *
China – Credit strains rise as Beijing embraces failure R * *
China – Banks Drained by Funds Called Vampires Seek Rules B
Canada – Fears of a housing bubble in overblown, report says CBC / CP
Canada – Next worry: commercial property G&M
Cigs – Tobacco Firms Track Down Smugglers WSJ / motw *
E-Cigs – Do they help people quit smoking? New study raises doubts wapo
E-Cigs – Selling a Poison by the Barrel NYT * *
Games – Future is online and in emerging countries N *
Games – Regulations threaten SK’s industry FT
Games – Candy Crush: Secret sauce justifies multibillion valuation FT * * *
Games – ‘Minecraft’ Maker’s Profit Soars WSJ *
Games – Getting Ahead of the Videogame WSJ *
Games – Makers Duke It Out Arena Style WSJ *
Games – Sony targets virtual reality for PS4 FT / nyt
Games – Microsoft brings out giant robots in battle for console dominance FT / BW / WSJ *
Games – Wal-Mart to accept video trade-ins in stores AP / R / NYT / WSJ / WSJ *
Oil – Bullish Chevron to outspend Exxon FT * *
Oil – A ‘red button’ and other implications of new supplies G&M *
Oil – China now largest net importer / eia *
UK – Flexible labour gives it edge over US but wages suffer FT / FT * *
UK – Real wages fall at slowest rate since April 2010 / m *
Pharma – Biotech sell-off heightens fears that sector has reached peak FT
Pharma – Nice to rethink valuations of drugs for NHS FT *
How Hollywood Has Destroyed America deadspin *
