26 January 2015



Today’s Issue Cluster: Greece

Delivery – Uber Tests a Cargo Delivery Service in HK
Ships – China’s yards brace for leaner rig building
Mobiles – Samsung’s Tizen smartphone makes poor first impression in India


MAJOR DATA POINTS

Japan – Jan: Exports grow most in year; +12.9% yr / WSJ / R / B / FT / AP *

Germany – Jan: Ifo Business Confidence Exceeds Expectations; 106.7 from 105.5 / WSJ / AP / AFP *


MARKETS

Euro – Strategists Cut Forecasts WSJ / FT *

Euro – Big Drop Puts US Economy, Federal Reserve to the Test WSJ *

Dollar – Rise Squeezes US Firms WSJ / NYT *

Dollar – Presses Asian Borrowers WSJ *


POLITICS & FISCAL POLICY

Greece – Syriza Rides Anti-Austerity Wave to Decisive Victory WSJ / FT / AP / R / B / NYT

Greece – Syriza Roils European Debate Over Austerity WSJ / FT / NYT / B *

Greece – Must Repay Debt, Europe Officials Say WSJ *

Greece – Syriza’s Rise Fueled by Professors-Turned-Politicians WSJ / FT *

Greece – Taxes go unpaid in expectation of Syriza victory FT / WSJ *

Greece – Debt pile: is it really unsustainable? FT * *

Greece – Eurozone Cohesion Put to the Test WSJ / FTWSJ *

Greece – Europe’s Long-Simmering Crisis Back to a Boil WSJ *


ECONOMICS

SK – Government Holding Firm on Growth Forecast as BOK Cuts B

SK – Households pile up debt FT * *

SK – Looks to Prosper in China While Staying Close to US WSJ * *

SK – Sparks fly over the chaebol FT * * *


MONETARY POLICY

BOK – Unease Focuses on Low Inflation B *


FINANCE

Mobile – Inroads Made by Apple Pay Propel Idea WSJ / cnet

Mobile – Big Banks Can Survive Ice Age WSJ *

Mobile – Rise Poses a Riddle for Banks WSJ *

Mobile – Small Transfers Fuel Micro-Business in Africa WSJ


REAL ESTATE



SERVICES

Delivery – UPS miscues again during Christmas FT / WSJ

Delivery – Free service creates boon for consumers at high cost R

Delivery – Uber Tests a Cargo Delivery Service in HK nyt


MANUFACTURING

Ships – Rousseff’s dream of Brazilian titan in deep water FT * *

Ships – China’s yards brace for leaner rig building R

Ships – Superyachts Bring New Life to French Port NYT

Ships – Mitsui Engineering to spend big on domestic yards N *


TECH

Mobiles – Samsung’s Tizen smartphone makes poor first impression in India R

Mobiles – iPhone 6 hands Apple record share of Samsung’s home market R *


TRADE & TRANSPORTATION



COMMODITIES

Gold – Gains lustre on haven status FT * *

Gold – Buyers Take a Shine to Precious Metals Again WSJ *


ENERGY & ENVIRONMENT

Coal – Thermal pick-up creates a stir FT

Coal – Production drops in China for 1st time in 14 years AP / X

Coal – Tumbling Russian ruble pulls European prices with it R *


LABOR & EDUCATION



HEALTH

Measles – School Officials Working to Stem Spread WSJ / WSJ *

Measles – Vaccine Skeptics on the Rise WSJ *


ENDNOTE

The tribes of Davos ft *


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