Today’s Issue Cluster: China Economy
Pot – More College Students Use Marijuana Daily
Truck – Movement by shippers toward long-term contract business
Oil – Europe’s gasoline-heavy refiners see profit in VW scandal
US – Jul: Case-Shiller home price growth steady; +5.0% yr from +5.0% yr / R *
China – Renminbi creeps closer to global reserve status FT
China – Money supply growth dwarfs the rest of the world FT * * *
China – Debt Market Heats Up WSJ *
China – Bubble Stocks: The Latest Multi-Billion-Dollar Mirage WSJ
China – Becomes Asia’s Biggest Securitization Market WSJ *
China – GDP set to slide in third quarter FT *
China – What if the underlying figures are reliable? FT * * * *
China – Industrial profits victim of stock collapse; down 8.8% / b *
China – Consumption boom is not enough to succour the world economy E *
RBI – Rajan Faces Pressure to Cut Again B *
RBI – India to stand firm in face of pressures B * *
RBI – India slashes rates by 50 basis points FT / WSJ / AP / B / TOI
China – PBOC Official Promotes Accelerated Financial Reform WSJ
Pot – More College Students Use Marijuana Daily WSJ *
Pot – Silicon Valley’s hot new sector FT * *
China – After Alibaba IPO, Cracks Appear in Country’s Tech WSJ *
Truck – ATA Index decreased 0.9% cr *
Truck – Movement by shippers toward long-term contract business WSJ
Truck – Makes a Comeback, but Small Operators Miss Out WSJ *
Sugar – Brazil: An Emerging Debacle WSJ * *
Salt – China Struggles to Shake Up Monopoly WSJ *
Oil – Lid on Prices Refuses to Budge WSJ *
Oil – Shell abandons contentious Arctic exploration FT / WSJ / NYT * * *
Oil – Shell’s Arctic defeat ends dream of new frontier FT * * *
Oil – Europe’s gasoline-heavy refiners see profit in VW scandal R *
Oil – China Is Sitting on an Ocean of Diesel Fuel B * *