4 January 2016



Today’s Issue Cluster: India

Online – Surge Means Many Not-So-Happy Returns for Retailers
2016 – Looks like a breakthrough year for Google Fiber
Floods – Choking Everything From Oil to Wheat in US


MAJOR DATA POINTS

Japan – Dec: Final Markit manufacturing PMI steady; 52.6 / R

SK – Dec: Exports Fall for a 12th Month; -13.8% not -11.7% / B

China – Dec: Markit PMI shrank for a 10th month; 48.2 from 48.6 / R / WSJ

China – Dec: Official PMI shrinks for fifth month; 49.7 from 49.6 / FT / WSJ / B / AP

US – Dec: ISM lowest since Jun’09; 48.2 from 48.6 / bi

US – Dec: Markit lowest since Oct’12; 51.2 from 51.3 / m

US – Nov: Construction spending falls; -0.4% from +0.3% / R


MARKETS

India – When Analysts Make Predictions, Don’t Bank on Accuracy WSJ *


ECONOMICS

India – Economic Growth Accelerates WSJ

India – RBI contradicts government on impact of Chinese slowdown TOI

India – Flush Startups Face Shortage of Skilled Workers WSJ *

India – The “new China”? B * *

India – Investors see the next solar power FT * *

India – Energy demand / E *

India – Bollywood Tries to Induce Payment for Video NYT

India – Bollywood ballyhoo N * *


POLITICS & FISCAL POLICY



MONETARY POLICY

RBI – Rajan’s next challenge: Winning over moms and pensioners B * *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES

Online – Bumper holiday season sends Amazon soaring FT / NYT *

Online – Amazon Investors Emboldened by 3 Million New Prime Members B *

Online – Surge Means Many Not-So-Happy Returns for Retailers B *

Online – Mexican E-Commerce Grows, but Requires Some Coaxing WSJ *


MANUFACTURING



TECH

2016 – Apart from a few stocks, the US markets are in a slump FT *

2016 – Listings fall as tech groups opt to stay private FT * * *

2016 – Innovators gear up for CES and search for gadget to drive sales FT * *

2016 – Looks like a breakthrough year for Google Fiber bgr / mf *

2016 – Adobe, Microsoft, Red Hat Aim For Cloud Makeovers IBD

2016 – China Likely Faces Tougher Sledding WSJ *


TRADE & TRANSPORTATION

Delivery – Christmas woes for FedEx amid ecommerce surge FT

Delivery – Third time’s a charm for UPS at Christmas, but FedEx stumbles R / WSJ

Delivery – Trucker Teams Drive to the Rescue of Online Shipping WSJ

Delivery – Regulators Weigh Satellite Tracking for Drones WSJ *


COMMODITIES

El Niño – From Cattle to Coffee, Farmers Weather Worst WSJ


ENERGY & ENVIRONMENT

Floods – Choking Everything From Oil to Wheat in US B / R / WSJ / AP / B / R *


HEALTH



ENDNOTE

US Blizzard Warnings, 2005-2014 motw *


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