Bz Nwz

Today’s Issue Cluster: Shipping

Nigeria – Promise turns to peril as investors head for the exits
Crops – GM Acreage Declined in 2015
Oil – Price optimism grows as Brent climbs to 2016 high



MAJOR DATA POINTS

China – Mar: Exports Rise, But Caution Prevails; +11.5% from -25.4% / WSJ / FT / WSJ *

EZ – Feb: Industrial output dips; -0.8% from +1.9% / AP

US – Mar: Retail sales fall on weak auto purchases; -0.3% from flat / WSJ / R

US – Mar: Producer Prices Fell; -0.1% from -0.2% / WSJ / R



MARKETS

World – Lessons from recent market turbulence ft *

World – Why do investors buy negative yield bonds? FT *



ECONOMICS

World – IMF lowers GDP growth forecast to 3.2% WSJ *

World – IMF warns global economy growing too slowly FT * *



POLITICS & FISCAL POLICY

Nigeria – Seeks ‘cheapest possible money’ to finance infrastructure FT *

Nigeria – Grapples With Abrupt End to Rapid Growth WSJ *

Nigeria – Dollar crunch adds to fuel crisis FT *

Nigeria – Promise turns to peril as investors head for the exits B *



MONETARY POLICY

FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

Music – Sales growing at fastest rate since 1998 FT *

Music – YouTube terms put labels in a spin FT / WSJ *



MANUFACTURING

TECH

TRADE & TRANSPORTATION

Ship – Mergers to Remake Global Alliances WSJ *

Ship – New York’s Port Shoots for No. 1 Spot WSJ *

Ship – Panama Canal expansion faces a new problem: Not enough water G&M *

Ship – Oil glut leaves supertankers in a huge jam R

Ship – Floating storage draws interest B *



COMMODITIES

Crops – China corn exports loom as reserves bulge FT

Crops – US Corn Imports Surge, Despite Record Harvests at Home WSJ *

Crops – GM Acreage Declined in 2015 NYT / FT

Crops – Farmers Get Biggest US Subsidy Check in Decade as Prices Drop B *



ENERGY & ENVIRONMENT

Oil – Price optimism grows as Brent climbs to 2016 high FT / WSJ *

Oil – OPEC Warns of Deeper Cuts to Demand Forecast on Slowdown B *

Oil – Banks Face New Headache on Loans WSJ *

Oil – Winners and losers amid the oil price crash FT * * *

Oil – Opec should cheer India’s thirst for crude FT *



HEALTH

ENDNOTE

World GDP Per Capita fool *



Today’s Issue Cluster: Health Tech

Yen – Surge Could Be a Good Thing for Japan’s Economy
Cloud – Billing by Millionths of Pennies, Giants Take In Billions
Shale – Feels credit squeeze as banks grow cautious



MAJOR DATA POINTS

US – Mar: Import Prices Up; +0.2% from -0.4% / WSJ

US – Mar: NFIB small business confidence hits new two-year low; 92.6 from 92.9 / R



MARKETS

Yen – Surge piles pressure on Tokyo FT *

Yen – Ceiling Appears Political WSJ *

Yen – Why the It Is Causing Headaches in Tokyo WSJ / WSJ *

Yen – Strength is scary on many levels FT *

Yen – Surge Could Be a Good Thing for Japan’s Economy B *



ECONOMICS

India – Mystery $9b in Extra Cash Perplexes B *

India – Modi’s rural income promise leaves farmers, experts cold R *



POLITICS & FISCAL POLICY

MONETARY POLICY

RBI – India Policy Might Finally Be Paying Off WSJ / FT / WSJ *

RBI – Rajan supercharges rate cut by easing bank funding squeeze B *



FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

TECH

Cloud – Billing by Millionths of Pennies, Giants Take In Billions NYT

Cloud – Google’s Ambitions / statista *



TRADE & TRANSPORTATION

AVs – Car gadgets expected to crunch insurers FT

AVs – A fleet of trucks just drove themselves across Europe q / FT *

AVs – Experts tell regulators to slow down AP



COMMODITIES

ENERGY & ENVIRONMENT

Shale – Oil Advances to Four-Month High as US Production Slides B *

Shale – As US drillers suffer, even the bankrupt keep pumping oil R

Shale – Feels credit squeeze as banks grow cautious R *



HEALTH

Tech – Healthcare ripe for disruption B *

Tech – IBM Positions Itself as Large Data Broker WSJ / nyt

Tech – Medical Records Still Entering Digital Age 538 *

Tech – Mobile health apps are becoming more capable E * *

Tech – Healthcare apps battle to be taken seriously FT *

Tech – Data security threat scars digital healthcare FT

Tech – Big pharma seeks digital solution to productivity problem FT

Tech – Digital technology pushes out frontiers of healthcare FT

Tech – Sober reality disrupts digital healthcare boom FT

Tech – Whole-genome breakthrough promises tonic for healthcare FT



ENDNOTE

Ice cream and IQ e *



Today’s Issue Cluster: Steel

World – Goldman’s Bric Era Ends as Fund Folds After Years of Losses
Ads – Coming to You Live From Facebook, a Lure Back to TV
Oil – Saudi Gambit Moves to Phase Two



MAJOR DATA POINTS

China – Mar: Producer price deflation eases; -4.3% from -4.9% / FT

China – Mar: Consumer inflation stable; 2.3% / AFP



MARKETS

World – EM Capital Outflows to Ease in 2016 WSJ

World – EMs face significant capital outflows FT *



ECONOMICS

World – Economic recovery ‘in danger of stalling’ FT * *

World – Fifth year of weak trade growth FT *

World – Goldman’s Bric Era Ends as Fund Folds After Years of Losses B *



POLITICS & FISCAL POLICY

MONETARY POLICY

World – Negative interest rate battle lines drawn FT * *

World – Spending Cuts Escalate Clashes Over Monetary Policy WSJ *



FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

Ads – US newspapers raise alarm over new blocker Brave FT / FT *

Ads – Worries about fraud may prompt an online shake-out E * *

Ads – Coming to You Live From Facebook, a Lure Back to TV B *



MANUFACTURING

Robots – Gain Traction With Supply Chain Managers WSJ

Robots – China’s army set to surge FT * *

Robots – Chances of Workers Being Replaced by Automation / statista *



TECH

China – Rival to Uber Valued at Over $25b WSJ *

China – Online services sector is red-hot FT *

Japan – Tech Hunts for Restart Button WSJ *



TRADE & TRANSPORTATION

COMMODITIES

Steel – Poster Child For Oversupplied Commodity Markets B *

Steel – Tata UK sale likely to spur European shake-up N *

Steel – Hard to see a future for world’s high-cost producers E *

Steel – China workers face turmoil AFP

Steel – China faces trouble at mill FT * *

Steel – China says its overcapacity will remain FT



ENERGY & ENVIRONMENT

Oil – Rises Most in Two Months on US Output Drop B *

Oil – Reports of rally’s death premature as inventories decline B *

Oil – Saudi Arabia Will Only Freeze If Iran Joins B *

Oil – Iran’s return has been underwhelming, but just wait WSJ *

Oil – Saudi Gambit Moves to Phase Two B *

Oil – Iraq Production Growth to Slow / b *

Gulf – States must make big changes to face the future E *

Gulf – States will be forced to tap debt markets, warns Moody’s FT *

Gulf – A Complex Map of Sunnis and Shiites NYT * *



HEALTH

ENDNOTE

Country flags: Primary colors predominate *



Today’s Issue Cluster: China

HK – Rising China risk tarnishes business hub luster
PBOC – Monetary Easing Is Starting to Hit Home
China – Faces struggle to recast steel workers for service sector



MAJOR DATA POINTS

US – Feb: Wholesale inventories fall sharply; -0.5% from -0.2% (was +0.2%) / R



MARKETS

China – Bulls Become an Extinct Species WSJ

China – Renminbi bears rethink currency bets FT *

China – Has currency truce been declared? FT * *

China – Currency moves sow confusion FT *

China – IMF Pressing for More Disclosure on Currency Operations WSJ *

China – Forex reserves rise for first time in five months FT

China – Forex Losses Jumped 13-Fold, Investors Brace for More B *

China – Stanches Flow of Money Out of the Country NYT *

China – Currency Victory Hides Scars of War WSJ *

China – Beijing Quietly Signals Growing Market Confidence WSJ *

HK – China Traders Flee to Hong Kong in Record Stock-Buying Streak B *



ECONOMICS

China – Stabilizes but economists warn on stimulus risk FT *

China – New economy groups outperform FT *

China – Workers ‘to account for 12% of global consumption’ FT * * *

China – Industry profit margins set to remain under pressure FT *

China – Innovation Sputters WSJ

China – Upheavals in taste and shopping habits FT *

China – Piece of the global art market is shrinking WSJ *

Taiwan – Faces a testing transition FT *



POLITICS & FISCAL POLICY

China – Never-ending stimulus: Adding up local debt B *

HK – Rising China risk tarnishes business hub luster AP



MONETARY POLICY

PBOC – Monetary Easing Is Starting to Hit Home B * *



FINANCE

China – Bank profits flat-line as bad debts continue to soar R / FT / WSJ *

China – Banking system is large / t *



REAL ESTATE

China – Price falls keep property developers grounded FT *

China – Subprime Housing Risks Raise Red Flags WSJ *

China – Battered Property Stocks Are Cheap for a Reason WSJ *



LABOR & EDUCATION

China – Where Oil Workers Have Job Security WSJ *

China – Faces struggle to recast steel workers for service sector FT *



SERVICES

MANUFACTURING

TECH

TRADE & TRANSPORTATION

COMMODITIES

ENERGY & ENVIRONMENT

HEALTH

ENDNOTE

Photos taken by locals and tourists in Hong Kong motw *



Today’s Issue Cluster: Nuclear

BOJ – Fast Approaching the Quantitative Limits of Quantitative Easing
IOT – Nest May Offer Revolv Owners Compensation
Crops – Corn Slumps After US Plantings Forecast Exceeds Estimates



MAJOR DATA POINTS

US – Week: Jobless claims fall; -9k to 267k / R / WSJ



MARKETS

ECONOMICS

POLITICS & FISCAL POLICY

MONETARY POLICY

Fed – Leaning Against Rate Rise in April WSJ / FT / NYT / R / B *

Fed – Cautious Approach on April Raises Stakes for June B / WSJ * *

BOJ – Yen’s surge casts shadow over recovery ambitions FT / B / FT / FT *

BOJ – Fast Approaching the Quantitative Limits of Quantitative Easing B *



FINANCE

Japan – Rebounding Yen poses a risk to ‘Abenomics’ WSJ *



REAL ESTATE

LABOR & EDUCATION

Japan – Why Economy Is Laboring WSJ *



SERVICES

Retail – Alibaba Surpasses Walmart zh *

Retail – Walmart is slashing prices and innovating FT * *

Retail – Amazon Struts Its Fashion Sense WSJ *



MANUFACTURING

TECH

Mobiles – Huawei Smartphone to Challenge Apple and Samsung WSJ *

Mobiles – Xiaomi misses 80m sales target by 10m WSJ *

Mobiles – With Galaxy S7, Samsung seen rediscovering its mojo R

Mobiles – BlackBerry’s Handsets Are Stuck on Hold WSJ *

Mobiles – Sharp, Under Foxconn, Aims to Excel in Smartphone Displays WSJ *

IOT – Nest May Offer Revolv Owners Compensation tt *

IOT – Smart-Home Gadgets Still a Hard Sell WSJ



TRADE & TRANSPORTATION

COMMODITIES

Crops – Fertilizer price declines hit M&A among nutrient groups FT * *

Crops – US farmers stampede into corn despite low prices FT *

Crops – Corn Slumps After US Plantings Forecast Exceeds Estimates B *

Crops – Banks press palm oil growers over environmental standards FT

Crops – Coconuts Go Upscale WSJ *

Crops – Chinese shell out for peanuts while US inventories at record high FT * *



ENERGY & ENVIRONMENT

Nuclear – Japan’s restart stymied by courts FT / AFP

Nuclear – Japan utility to scrap reactor over heavy safety costs AFP

Nuclear – Five years after Fukushima E *

Nuclear – EDF’s French plant faces years of further delay FT

Nuclear – EDF’s troubles rooted in caution FT *

Nuclear – Amid a Graying Fleet of Plants, a Hunt for Solutions NYT

Nuclear – Percentage of electricity by US state PopMech *



HEALTH

ENDNOTE

Most common currency names in the world motw *



Today’s Issue Cluster: Automated Vehicles

Defense – The World Has Started Spending More on Weapons
Sands – Alberta’s Great Boom Is Poised to End in 2018
Pharma – Drug shortages prompt question: are some too cheap?



MAJOR DATA POINTS

X



MARKETS

World – Oil price: Shot in the arm misses economic target FT * * * *



ECONOMICS

POLITICS & FISCAL POLICY

MONETARY POLICY

ECB – Will Bank Dominate Europe’s Corporate-Bond Market? WSJ *

ECB – Helicopter spotting ft * *



FINANCE

World – Banking risks: Basel’s trickle-down FT *

World – Investment banks face sharp trading falls in tough climate FT *

World – Basel said to weigh change that could ease derivatives capital B *



REAL ESTATE

World – Valuations in globalised cities are rising faster E *



LABOR & EDUCATION

SERVICES

MANUFACTURING

Defense – The World Has Started Spending More on Weapons B / FT * *



TECH

TRADE & TRANSPORTATION

AVs – China’s Companies Poised to Take Leap in Developing a Driverless Car NYT

AVs – Volvo: Cars confused by shabby US roadways R *

AVs – Brakes pressed on short-term prospects for self-driving cars FT

AVs – Driverless carmakers call for US rules FT

AVs – GM strikes $1b deal in driverless car race FT

AVs – Car Makers Hunger for Self-Driving Tech WSJ *

AVs – UK driverless trucks plan picks up speed FT

AVs – Moody’s forecasts US adoption ‘several decades’ away R



COMMODITIES

Cotton – Investors shun ICE’s world futures contracts FT *

Cotton – Cargill loses head of $2b unit FT *



ENERGY & ENVIRONMENT

Shale – The Odd Man Out WSJ *

Shale – Feds: Risk of 2016 quake increases, especially in OK AP / B *

Sands – Alberta’s Great Boom Is Poised to End in 2018 B *



HEALTH

Pharma – Pfizer to Walk Away From Allergan Deal WSJ / FT / WSJ * *

Pharma – Drug shortages prompt question: are some too cheap? R



ENDNOTE

How Old Are National Flags di *



Today’s Issue Cluster: Oil

EU – German Economy Now Looks Like Laggard
Ship – Lost in Nicaragua, a Chinese Tycoon’s Canal Project
Water – El Nino-induced proves to be ‘disappointing’ for CA



MAJOR DATA POINTS

US – Mar: JOLTS jobs openings fell more than expected; 5.45m from 5.54m / bi

US – Mar: ISM services heats up; 54.5 from 53.4 / ft

US – Feb: Trade deficit rises; -$46.2b from -$45.9b / WSJ / R



MARKETS

ECONOMICS

EU – German Economy Now Looks Like Laggard NYT *

EU – Europeans have warped views of their neighbors, and themselves E *

EU – Top partner for exports is US / eu *

EU – Spanish Political Logjam Hits Consumers as New Vote Looms B *

EU – Spain’s economic recovery powers ahead FT *



POLITICS & FISCAL POLICY

EU – New poll: Podemos’ fall opens door for PP + Ciudadanos / ElMundo *

EU – The centre left is in sharp decline E * *



MONETARY POLICY

SR – Sweden Has Most Important Central-Bank Petri Dish on Earth WSJ *



FINANCE

EU – UK banks sublet office space after staff cuts FT *

EU – Banks face US capital hit unless rules converge FT

EU – New rules, old problems FT *

EU – Uptake on ECB Loans Slows as New TLTRO Program Readied B *



REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

TECH

TRADE & TRANSPORTATION

Ship – Lost in Nicaragua, a Chinese Tycoon’s Canal Project NYT

Ship – Arctic thaw opens waterways R *



COMMODITIES

Water – El Nino-induced proves to be ‘disappointing’ for CA cr * *

Water – Forecaster sees La Nina possibly succeeding El Nino R



ENERGY & ENVIRONMENT

Oil – Extends Declines as US Seen Expanding Glut B *

Oil – Speculators Bet Rally’s Over as Doubts Grow on Output Freeze B *

Oil – Bet on higher prices looks crowded FT

Oil – Thirst for Gasoline Fuels Rally WSJ *

Oil – The US Is a Big Importer Again B *

Oil – Winners and losers from price slump bi *

Oil – Firms Slow Exploration WSJ *

Oil – US O&G sector reboots to survive FT *

Oil – Slim Is In as Drillers Trim Spending WSJ *

Oil – Explorers Face Challenge to Secure Financing WSJ *

Oil – Want to Bet on Companies? It’s All About the ZIP Code WSJ *

Oil – Coming to the Oil Patch: Bad Loans to Outnumber the Good WSJ *

Oil – Saudi Arabia loses market share FT / B *

Oil – Saudi Arabia to Sell Stake of Aramaco by 2018 B / FT *

Oil – Saudi Arabia Plans $2t Megafund B *

Oil – Iran’s storage struggle holds back exports to Europe R / FT *

Oil – Rosneft is running to stand still FT *

Oil – Light on Cash, Russia Weighs Risks of a Heavy Tax on Oil Giants NYT

Oil – ‘Teapot’ refiners help propel China’s W. African bookings R *

Oil – Helicopters Are Unlikely Victim of Downturn WSJ *



HEALTH

ENDNOTE

Most famous cartoon characters by EU country motw *



Today’s Issue Cluster: US Labor

Fed – A Single Indicator Explains Reaction Function
Space – Private Spending Is Headed for a New Record
Trade – Presidential campaign roils Obama’s free-trade plans



MAJOR DATA POINTS

EZ – Feb: Jobless rate falls marginally; 10.3% from 10.4% / AFP / WSJ

US – Feb: Factory Orders Down; -1.7% from +1.6% / CNBC



MARKETS

US – Investors Turn More Negative on Dollar WSJ *



ECONOMICS

POLITICS & FISCAL POLICY

MONETARY POLICY

Fed – Jobs Report Gives Yellen Only Half of What She Wants B * *

Fed – Upbeat employment figures allow a wait-and-see approach WSJ *

Fed – Higher Participation Takes Heat Off WSJ *

Fed – A Single Indicator Explains Reaction Function B *



FINANCE

US – Why Banks Are Better Off Than You Think, And Real Estate Isn’t WSJ *



REAL ESTATE

US – Another Condo Bust Looms in Miami WSJ

US – How Tech Figures Into Fast-Changing REIT Markets IBD

US – Impact on home furnishers from rising competition B *



LABOR & EDUCATION

US – Maintains solid jobs growth FT *

US – Fewer Got Hired or Quit Their Jobs WSJ * *

US – Change in Participation Rate Since 2000 By Race & Age / b *

US – Growing labor force belies grim mood FT *

US – ‘Wages Are Imperfect Window Into Health of Labor Market’ B *

US – Payrolls Climbed in 36 States B *

US – Contract Workforce Outpaces Growth in ‘Gig’ Jobs WSJ *

US – The Entire Online Gig Economy Might Be Mostly Uber wsj * *

US – NY Path to $15 Minimum Wage: Uneven, and Bumpy NYT / R / WSJ *

US – CA $15 Minimum Wage Has Some Worried NYT / AP / wapo *

US – Illegals Are More Likely to Work Than Natives, For Less WSJ *

US – ‘Manufacturing Jobs Are Never Coming Back’ 538 *

US – Carrier Workers See Costs, Not Benefits, of Global Trade NYT *

US – The Coming Extinction of the Video Store Clerk wsj * * *



SERVICES

Space – Bezos’s Blue Origin Is a Step Closer WSJ

Space – Private Spending Is Headed for a New Record B *



MANUFACTURING

Autos – US: Sales Pace Drops to Slowest in 13 Months B / WSJ * *

Autos – Tesla: Reservations for Model 3 Surpass $10b WSJ / FT / R / B *



TECH

Tech – ‘There are going to be lots of dead unicorns’ FT

Tech – Goldman: There’s a Huge Difference Between the Bubble and Today B *



TRADE & TRANSPORTATION

Trade – Forces of Globalization Are Sputtering WSJ *

Trade – Presidential campaign roils Obama’s free-trade plans AP

Trade – Business Lobby: Election-Season Opposition Will Blow Over WSJ

Trade – At what price? E * *



COMMODITIES

ENERGY & ENVIRONMENT

HEALTH

ENDNOTE

Most famous cartoon characters by US state motw *



Today’s Issue Cluster: Autos

US – The Manufacturing Recession Might Be Over
US – Millennials and Low-Income Consumers Are Propping Up the Economy
US – BP: Will be energy independent in 5 years



MAJOR DATA POINTS

Japan – Q1: BOJ tankan big manufacturers’ mood down; +6 from +12 / R / FT

China – Mar: Official factory PMI rebounds; 50.2 from 49.0 / FT / WSJ

EZ – Mar: Markit PMI rises; 51.6 from 51.2 / R

US – Mar: Adds jobs; +215k from +245k / FT / WSJ / NYT / B

US – Mar: ISM Manufacturing Index Expands; 51.8 from 49.5 / WSJ

US – Mar: UMich Consumer Sentiment Edges Down; 91.0 from 91.7 / B

US – Feb: Construction spending retreats; -0.5% from +2.1% / AP



MARKETS

Bonds – Investors are bracing for a turbulent second quarter WSJ *

Bonds – Rally in munis drives yield gap to eight-year low B *

Bonds – China’s muni market launches with a bang FT *



ECONOMICS

US – The Manufacturing Recession Might Be Over B / FT *

US – Millennials and Low-Income Consumers Are Propping Up the Economy wsj * *

US – BP: Will be energy independent in 5 years bi *



POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

US – MetLife ruling vindicates lonely decision to fight FT / WSJ *

US – GE Capital looks to shed ‘too big to fail’ status FT / B *



REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

Autos – US: Sales Rise, but Big Three Show Weakness WSJ

Autos – US: Used-Car Price Fall Pressures Auto Makers WSJ

Autos – US: Record Vehicle Leasing Could Pinch Margins WSJ *

Autos – US: Sharing Cars Could Actually Boost Sales B *

Autos – US: Parts are a surprising retail success story FT *

Autos – China: Makers May Soon Face Weakening Demand NYT * *

Autos – Japan: Drivers Say ‘No, Thanks’ to Cheaper Gas B *

Autos – SK: Luxury carmakers eye market FT *

Autos – Russia: AvtoVAZ Removes Western CEO WSJ / FT / FT * *

Autos – Tesla: Targets mass market with new Model 3 FT / WSJ / B / NYT / AP / R / FT *

Autos – Tesla: How Uncle Sam May Cause Sticker Shock WSJ / WSJ *

Autos – BYD: China’s Tesla Remains at the Mercy of the State WSJ *

Autos – BMW: Bavarian rhapsody E *

Autos – VW: Will escape its scandal largely unscathed E * *

Autos – VW: Faces $15b hit over US green ad campaign FT / WSJ *

Autos – Diesel: Some Japanese Emissions Higher On the Road Than in Lab WSJ

Autos – Hybrids: China Car Makers Pioneer ‘Mild’ Models WSJ *

Autos – EVs: Here’s One Answer to Lack of Range: Electric Road B * *



TECH

TRADE & TRANSPORTATION

Auto – Vehicle Miles Driven Increase 2.0% / cr *

Truck – ATA Trucking Index increased 7.2% / cr *

Truck – E-Commerce Boom Roils Industry WSJ *



COMMODITIES

ENERGY & ENVIRONMENT

HEALTH

ENDNOTE

Photos taken by locals and tourists in San Francisco motw *



Today’s Issue Cluster: Metals

Australia – China’s Economic Revolution Is Showing Up All Over
India – Even as economy soars, Modi reforms face big headwinds
Zika – Which US cities face the highest risk from virus



MAJOR DATA POINTS

EZ – Mar: Inflation rate remains below zero; -0.1% from -0.2% / AP / eu *

US – Week: Applications for jobless aid rise; +11k to 276k / AP / R / B / WSJ



MARKETS

ECONOMICS

Australia – China’s Economic Revolution Is Showing Up All Over B * *

Australia – Most China-Dependent Economy Isn’t So Keen on Chinese Money B *

Australia – Tighter investment laws risk choking food producers B *

Australia – To require foreign investors in water to declare interests WSJ *



POLITICS & FISCAL POLICY

India – Even as economy soars, Modi reforms face big headwinds B *

India – Modi Rebuts Analysts Who Doubt World-Beating Growth B *

India – Water Could Make or Break Your Bet on China-Beating Growth B * *



MONETARY POLICY

FINANCE

India – Ugly Bad-Loans Situation Is About to Get Even Worse B *



REAL ESTATE

India – Thirst for Infrastructure Paves Way for Building Spree B *



LABOR & EDUCATION

SERVICES

India – E-commerce is reshaping distribution networks N *



MANUFACTURING

TECH

India – Facebook furor highlights worry over US tech dominance FT *

India – Rival billionaires ready 4G battle FT *



TRADE & TRANSPORTATION

COMMODITIES

Metals – US Mining Losses Last Year Wipe Out Profits From Past Eight Years WSJ *

Metals – Scrap Sector Is Latest Victim of Commodities Bust WSJ *

Metals – Asia’s infrastructure growth set to boost demand B *

Metals – China industry set for consolidation B *

Gold – Demand from central banks marches higher FT *

Gold – Chinese Investors See Opportunity WSJ *

Gold – Surging Miner Stocks May Still Be Bargains B *

Iron – Climbs as Signs of China Property Revival Boost Outlook B

Iron – China steelmaker Dongbei Special defaults on $131m debt FT

Nickel – Output cuts halt price fall, more mine closures needed R

Copper – China demand forecast to slow FT / FT / B *

Copper – Biggest mine in the US opening in AZ B *



ENERGY & ENVIRONMENT

HEALTH

Zika – CDC expands range of mosquito into parts of Northeast AP / WSJ *

Zika – Which US cities face the highest risk from virus sa *

Ebola – WHO says international health emergency is over AFP



ENDNOTE

Comedians ranked by the political slant of their fans t *