Today’s Issue Cluster: Pharma
China – Our Momentum Indicator suggests growth is nearer 3.0%
Coffee – More efficient pods are reducing US demand for beans
NatGas – Asian LNG spot prices tumble 30%
Germany – Jul: Ifo business confidence up; 108.0 from 107.5 / AFP / AP / WSJ *
US – Jun: Durable Goods Orders Up; +3.4% from -2.1% / WSJ / R / AP
China – Biggest One-Day Stock Crash Since 2007 WSJ / FT / NYT / B / R *
China – Can All Debt Be Rated A+? WSJ *
China – Giant Fund: ‘No Safe Places to Invest’ WSJ / B / ft / WSJ
China – IMF says it’s worried about investors’ mobility R *
China – Japan Investors Use Market Rout as a Chance to Buy WSJ
China – Equity investors — the fortunate few b * *
China – Rail freight remains weak X
China – Quickly revisiting those dodgy growth stats ft *
China – Our Momentum Indicator suggests growth is nearer 3.0% r *
EMs – Retail sales slump in commodity exporters FT * *
EMs – Portfolio flows reveal fear of the Fed FT * *
EMs – Markets Don’t Get Lift From Weak Currency WSJ * *
EMs – Unemployment rises sharply FT * *
EMs – Poised to raise interest rates FT * *
China – Seeks to tame online finance risks FT * *
Canada – Calgary reaches record levels of unleased office space G&M
Australia – Weighs Steps to Rein In Sydney Property WSJ *
Media – Hollywood’s New Backer: China WSJ
Media – Chinese Tech Firms Think Outside the Box Office WSJ *
WTO – Deal to End Tariffs on Many High-Tech Goods WSJ / R / FT *
TPP – Negotiators inch towards historic trade deal FT / N / AFP / WSJ
Coffee – Robusta in biggest ‘squeeze’ in 3 years FT
Coffee – South Korean boom goes international FT
Coffee – More efficient pods are reducing US demand for beans wapo * *
Coffee – US trend ominous for global growers FT * *
NatGas – In commodities meltdown, a bright spot B
NatGas – Asian LNG spot prices tumble 30% N * *
NatGas – California’s push for cleaner buses could edge out gas R
Pharma – Teva closes in on Allergan’s generics unit FT / WSJ / B *
Pharma – Teva to Buy Allergan for $40b WSJ / FT / R / NYT * *
Pharma – Biotech high flyers face gravity test FT * *
Pharma – World’s first malaria vaccine gets green light from Europe FT / WSJ
Pharma – FDA Approves Cholesterol Drugs WSJ / NYT *
Pharma – Hopes raised for industry revival FT *
Pharma – GlaxoSmithKline: dose of reality FT *
Pharma – Doctors Object to High Cancer-Drug Prices WSJ / NYT *
How coffee splits the US in half wapo *
