4 March 2015



Today’s Issue Cluster: Autos

Japan – Global investors focusing on dividends
TPP – Accord before April unlikely
Japan – Consumers taking breather, waiting for pay hikes


MAJOR DATA POINTS

China – Feb: HSBC services PMI edges up; 52.0 from 51.8 / R *

Australia – Q4: Growth Slows; +0.5% from +0.3% / WSJ *

US – Feb: ADP private sector adds jobs but growth slows; +212k from +250k / R / AP *

US – Feb: ISM service sector activity ticks up; 56.9 from 56.7 / R *

US – Feb: Markit services sector activity rises; 57.1 from 54.2 / R *


MARKETS

Japan – Pension funds overpower Kuroda’s misfiring bazooka FT * * *

Japan – Global investors focusing on dividends N / N *

Japan – Yen in for rough ride N *


ECONOMICS

Japan – Economy is no longer stuck in reverse N *

Japan – Consumers taking breather, waiting for pay hikes N *


POLITICS & FISCAL POLICY

Japan – Youth Stand to Gain Stronger Voice WSJ *


MONETARY POLICY

BOJ – Abe Aims to Tip Balance WSJ / N


FINANCE

Japan – Loan demand is unlikely to pick up quickly FT


REAL ESTATE

Japan – REITs accelerate capital increase N *


LABOR & EDUCATION

Japan – Wage growth fastest in 15 years FT

Japan – Abe needs salaries to rise to boost the economy FT / WSJ * * *


SERVICES



MANUFACTURING

Autos – Tech: Rumors fuel Geneva debate about Apple car of future R / NYT / WSJ

Autos – Tech: Detroit hits the road to Silicon Valley FT * *

Autos – EVs: Resale Prices Tumble WSJ *

Autos – EVs: Apple Wants to Start Producing Cars as Soon as 2020 B / NYT / FT

Autos – EVs: ‘The established carmakers, not tech firms, will win the race’ E * *

Autos – US: Sales Lose Steam WSJ / FT / R / AP / NYT *

Autos – US: GM Quarterly Profit Tops Expectations WSJ *

Autos – US: Car Exports Top 2m WSJ *

Autos – US: UAW says raise worker pay, keep companies competitive R *

Autos – Mexico: An emerging giant powers past Canada G&M * *

Autos – EU: Budget Brands Keep Gaining WSJ *

Autos – EU: Peugeot finds road to recovery FT * *

Autos – Russia: Sales Skid Lower WSJ *

Autos – China: Domestic Brands Fall Farther Behind WSJ / CD *

Autos – China: Dealers seek big incentives from foreign carmakers N *

Autos – China: Important for restoring Cadillac brand WSJ *

Autos – China: Sales to continue rise / *

Autos – India: Makers ramp up production as demand keeps growing N *

Autos – Indonesia: GM to end vehicle manufacturing FT / R / N / N

Autos – Indonesia: GM had high hopes for low-end minivan N *

Autos – Thailand: After Indonesia retreat, GM retrenches again R

Autos – Honda: Names New President WSJ *

Autos – SUVs: Carmakers embrace consumer shift FT / AP

Autos – SUVs: 4×4 vehicles: CO too much? FT *

Autos – Aluminum: Light-Weight Parts Fuels Hunt for New Process WSJ

Autos – Carbon: Carmakers seek to use fibre in mass-market vehicles FT


TECH



TRADE & TRANSPORTATION

TPP – Accord before April unlikely N / AP *


COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

The most popular new vehicle in each state AP *


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