27 February 2015



Today’s Issue Cluster: Internet

NK – Tantalising signs of change are emerging
Ship – Commodities crisis adds to loan woes for Greek banks
Coal – Australian industry takes another step closer to the abyss


MAJOR DATA POINTS

Japan – Jan: Inflation Continues to Power Down; +0.2% from +0.5% / WSJ / AP / FT / B / AFP *

US – Q4: Growth in 2014 Looking Less Robust; +2.2% was +2.6% / WSJ / FT / NYT / R / AP / B *

US – Jan: Pending Home Sales Rose; +1.7%, +8.4% yr / WSJ / R / B *

US – Feb: UMich consumer sentiment slides from 11-year peak; 95.4 from 98.1 / R / WSJ *


MARKETS

Bonds – Major Firms Are Saying the Stage Is Set for Another Crisis B

Bonds – There are positives to negative yields FT * * *

Bonds – Issuers increasingly turn to hybrids FT * *


ECONOMICS

World – Inflation race to the bottom e *


POLITICS & FISCAL POLICY

NK – Tantalising signs of change are emerging E *


MONETARY POLICY



FINANCE



REAL ESTATE

World – Commercial property has been delivering excellent returns E *


SERVICES



TECH

Internet – FCC Approval Sets Stage For Legal Battle WSJ / FT / NYT / R / B

Internet – Broadband Investors Should Wake Up WSJ *

Internet – Tougher rules to hit cable, telecoms companies R / WSJ

Internet – ‘The Push for Net Neutrality Arose From Lack of Choice’ NYT

Internet – FCC Overrules Two States’ Laws on Municipal Broadband WSJ

Internet – US broadband: slow-speed FT *

Internet – Europe Wants the World to Embrace Its Rules WSJ

Internet – EU and US groups sound alarm on China cyber security rules FT / WSJ / WSJ

Internet – Service is getting a lot more expensive q *

Internet – Who Has the Fastest Internet Speeds? giz *

Internet – Who Has the Fastest Internet Speeds? wsj * *


MANUFACTURING

Ships – Maersk Looking to Order 11 New Megaships WSJ

Ships – Low oil price forces SK builders to cut costs FT *


TRADE & TRANSPORTATION

Ship – Oil Sails From Russia to Asia Faster on Smaller Ships B

Ship – West Coast Port Gridlock Hits Inventory at Macy’s and Home Depot NYT / FT

Ship – Commodities crisis adds to loan woes for Greek banks R *


COMMODITIES



ENERGY & ENVIRONMENT

Coal – Falling Chinese Consumption and Output Undermine Global Market WSJ / WSJ *

Coal – Plans for major new Wyoming mine buck pessimism AP / FT

Coal – Australian industry takes another step closer to the abyss SMH / Aus


LABOR & EDUCATION



HEALTH



ENDNOTE

World with every country’s size scaled to its population bi *


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