3 September 2015



Today’s Issue Cluster: Nuclear Power

Japan – Abe’s sliding popularity is putting Abenomics at risk
Japan – A Sprawl of Ghost Homes in Aging Tokyo Suburbs
Cargo – Ships Take 4,000-Mile Africa Detour as Oil Prices Plunge


MAJOR DATA POINTS

Japan – Aug: Services PMI at fastest pace in almost two years; 53.7 from 51.2 / R

US – Aug: ISM Services Decrease; 59.0 from 60.3 / AP / cr *

US – Aug: Markit Serices Increase; 56.1 from 55.7 / R

US – Jul: Trade Gap Narrows; -$42b from -$45b / WSJ / R / cr *

US – Week: Initial Unemployment Claims Increased; +12k to 282k / B / cr


MARKETS

Japan – Offers resistance to global stock rout FT * *


ECONOMICS

Japan – Abe’s sliding popularity is putting Abenomics at risk E *


POLITICS & FISCAL POLICY

Russia – Oil Collapse Has Soviet Echoes WSJ *

Russia – Rise of new banks helps Kremlin keep economy afloat R

Ukraine – Costs of conflict FT * *


MONETARY POLICY

Fed – Beige Book: ‘Continued Expanding’ Across Most Districts WSJ / AP

Fed – History of August job revisions could muddy rate hike R

Fed – Indexes Pointing to Tightest Financial Conditions Since 2012 B *

Fed – Economists split on September rate hike b *

Fed – September or Not, Market Says One-and-Done Until Late 2016 B *


FINANCE

US – Market Bets Abound, but Where Are the Banks? WSJ *

US – ‘The Risk Investors Don’t Have to Worry About This Time’ WSJ *


REAL ESTATE

Japan – A Sprawl of Ghost Homes in Aging Tokyo Suburbs NYT *

Japan – Mitsubishi Estate Plans Tallest Building WSJ *


LABOR & EDUCATION

Japan – Labor shortage could limit effectiveness of stimulus N

Japan – Foreigners Increasingly Fill Workforce Gaps WSJ *


SERVICES

Prisons – Large Number of Inmates in Solitary Poses Problem WSJ *

Prisons – Reit investors see a buy signal in cells FT *


MANUFACTURING

F&B – Changing tastes churn up ice cream industry R *

F&B – Inside Kellogg’s Effort to Cash In on the Health-Food Craze WSJ *

F&B – Changing tastes spur Nestlé to take fresh approach to frozen food FT *

F&B – Subway’s Salad Days Are Past WSJ *


TECH

Mobiles – Apple’s Latest Challenge: Topping Its Own Success WSJ *

Mobiles – Huawei Chips Away at Samsung WSJ *

Mobiles – Samsung Takes Smartwatch Fight to Apple WSJ *


TRADE & TRANSPORTATION

Cargo – Air Volumes Drop, as China’s Economy Stumbles WSJ

Cargo – Crude-by-rail shows signs of life FP

Cargo – Ethane ships link US shale boom to Europe FT * *

Cargo – Ships Take 4,000-Mile Africa Detour as Oil Prices Plunge B *


COMMODITIES

Water – El Niño Sends Strong Signal WSJ *

Water – El Niño expected to take toll on sugar and rice prices FT

Water – El Niño: Beware the most powerful climatic phenomenon E *


ENERGY & ENVIRONMENT

Nuclear – Uranium perks up on Asian demand N

Nuclear – Quebec uranium report muddies science with sociology G&M *

Nuclear – Japan outlook bleak despite first reactor restart R

Nuclear – China’s second-largest generator looks expensive FT *

Nuclear – Next president will have to decide about US waste E *


HEALTH



ENDNOTE

US rough equivalents of Japan regions; same scale, same latitude reddit *


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