Bz Nwz

Today’s Issue Cluster:

MAJOR DATA POINTS

MARKETS

M&As – Deal Volume Heats Up Among Midsize Banks WSJ *

M&As – On Pace for Record Year WSJ *

M&As – Hard Year for Investment Banks in Southeast Asia WSJ *



ECONOMICS

China – Commodity surpluses set to rise as renminbi helps producers FT *

China – Weak Yuan Temptation Could Prove Irresistible WSJ *

China – Weakened foundations FT * *

China – Export woes mirrored across Asia FT * * *



POLITICS & FISCAL POLICY

Venezuela – Oil price slide casts doubt on bonds FT * *

Venezuela – Economists Improvise to Track Economy WSJ * *



MONETARY POLICY

FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

Streaming – TV flickers as viewers find new screens FT * *

Streaming – States Eye Taxes on Video and Cloud Computing WSJ *



MANUFACTURING

TECH

Mobiles – Lacklustre Xiaomi launch reflects unease FT *

Mobiles – China’s decline in smartphone sales a wake-up call G&M *

Mobiles – With iPad Sales Falling, Apple Pushes Into Businesses WSJ *



TRADE & TRANSPORTATION

TPP – Canada puts deal at risk to defend family dairy farms B

TPP – NAFTA countries reignite negotiations over auto-parts G&M



COMMODITIES

Mining – Low Prices Force Shift at Industry Giants WSJ *

Copper – Dips Below $5k for First Time Since Financial Crisis WSJ / FT *

Iron – Essar Steel places big bet on US ore FT *

Tin – Prices Rise Despite Metals Rout WSJ



ENERGY & ENVIRONMENT

Oil – No End in Sight for Glut WSJ / WSJ *

Refineries – Canada’s Largest Shifts from Bakken to Brent WSJ

Refineries – Could Push Oil Over the Edge WSJ *

Ethylene – China imbalance affecting Japan producers N *



HEALTH

ENDNOTE

Teen pregnancies drop drastically after the age of 20 metro *



Today’s Issue Cluster:

MAJOR DATA POINTS

MARKETS

Currencies – IMF Signals Yuan Won’t Become Reserve Currency for at Least a Year WSJ / FT / B

Currencies – Yuan Devaluation Brings Losses for Some WSJ *

Currencies – ‘Yuan Reform Merits Skepticism’ WSJ *

Currencies – Lose firepower as trade weapon FT * *



ECONOMICS

Indonesia – Weak employment reflects manufacturing woes N * *

Indonesia – Lower growth target still seen as optimistic N *



POLITICS & FISCAL POLICY

Indonesia – Boosts taxes on imported goods FT *

Indonesia – Sluggish growth raises questions about Widodo strategy N *



MONETARY POLICY

Fed – Divided Board Puts Yellen on Hot Seat WSJ / FT / NYT / AP / B / R

Fed – So Long September: Bond Traders Defer Their Date B *



FINANCE

Indonesia – Mobile Banking Struggles to Gain Traction WSJ *



REAL ESTATE

LABOR & EDUCATION

SERVICES

Luxury – Sales such as jewelry have rebounded in the US WSJ *

Luxury – Pricing Gaps Suppress China’s Appetite WSJ *



MANUFACTURING

TECH

TRADE & TRANSPORTATION

Ship – Giants Reduce Sailings on World’s Busiest Route WSJ

Ship – Growth Slows at US East Coast Ports WSJ

Ship – Greek Industry Extends Its Dominance WSJ * *



COMMODITIES

Water – El Niño May Bring Record Rain for California NYT

Water – Dry Spells Give Taste of Coming Conflicts B * *



ENERGY & ENVIRONMENT

Alt – Wind: Record order book for Vestas FT / B

Alt – Wind: First Offshore Farm in US Powers Ahead WSJ / NYT *

Alt – Wind: First US offshore farm is the test bed for a new industry E * *

Alt – Wind: Why the Dutch oppose windmills E *



HEALTH

ENDNOTE

Only four NFL stadiums are aligned north-south dv *



Today’s Issue Cluster:

MAJOR DATA POINTS

X



MARKETS

Bonds – Market’s $2.46t Dilemma May Not Be So Serious B

Bonds – Long rally as deflation fears stir FT * *

Bonds – Countries flock to sell long-term debt FT *

Bonds – Case for holding UK corporates FT * * *



ECONOMICS

SK – Rivals tighten squeeze on South Korea Inc FT *

SK – Chaebol model at risk after Samsung’s narrow defeat of Elliott FT * *

SK – Listings approach record high FT * * *



POLITICS & FISCAL POLICY

Brazil – Mass Protests Against Rousseff WSJ / FT *



MONETARY POLICY

BCB – Brazilian interest rates to remain higher for longer FT * *



FINANCE

US – Regional banks benefit in absentia FT

US – Big banks extend lead over European counterparts FT *

US – Auto Lending Surpasses $1t for First Time WSJ *



REAL ESTATE

LABOR & EDUCATION

HigherEd – Grad-School Loan Binge Fans Debt Worries WSJ *

HigherEd – College debt: More is less E / FT *



SERVICES

E-Cigs – Study Finds Ninth-Grader Users More Likely to Smoke WSJ / AP *

E-Cigs – With feds slow to act, states target sales to minors R

E-Caff – Disposable vapes let you huff your caffeine engaget *



MANUFACTURING

TECH

Streaming – Comcast Raises Its Bet on New Media WSJ *

Streaming – Summer-TV Watchers Abandon Cable Shows WSJ * *



TRADE & TRANSPORTATION

Air – Dark Clouds Loom for Lines Even as Profits Take Off WSJ *

Air – Canadian Low-Cost Carrier Departs From No-Frills Model WSJ *

Air – Myanmar airline to spread its wings in SE Asia FT * *

Air – The Cities That Have Lost the Most Flights WSJ *



COMMODITIES

Dairy – As boom turns to bust, global milk prices slump E *

Dairy – Fonterra chief bullish on prices FT *

Dairy – French farmers reap a harvest of strife FT * *



ENERGY & ENVIRONMENT

HEALTH

ENDNOTE

Where should you go to watch the best football in Europe? ft *



Today’s Issue Cluster: X

MAJOR DATA POINTS

X



MARKETS

China – Yuan Could Fall 10% or More Bn

China – IMF set stage for currency shift FT

China – Stock Futures Signal Deeper Pessimism WSJ *

China – Hits LatAm Currencies WSJ * *

China – EM currencies pummelled FT



ECONOMICS

EMs – ‘Enormous’ rise in debt rings alarms bells FT * *

China – Problems for economy extend far beyond currency FT * *



POLITICS & FISCAL POLICY

China – Devaluation Was a Call to Action NYT



MONETARY POLICY

FINANCE

China – Shadow banks appeal for government bailout FT



REAL ESTATE

China – Blue-chip sector leaders build a strong base FT *



LABOR & EDUCATION

SERVICES

Media – For New York Times, a Gamble on Giveaways WSJ *

Media – Is Bezos’ Post closing in on the Times? CapNY *

Media – Inside Amazon: Wrestling Big Ideas in a Bruising Workplace NYT / FT

Media – Daily Newspaper Employment Peaked In 1990 / dv * *



MANUFACTURING

Drones – Pentagon to Sharply Expand Flights WSJ *

Drones – Europe plays catch-up FT *



TECH

TRADE & TRANSPORTATION

COMMODITIES

Salmon – Fish Farming Becomes Bigger Business Than the Open Sea B

Salmon – Cargill makes bet on global appetite for farmed fish FT / WSJ

Salmon – Addicted to antibiotics, Chile flops at Costco, grocers R



ENERGY & ENVIRONMENT

NatGas – EPA Rules to Cut Methane Emissions From Drilling WSJ / NYT

NatGas – BP fights to blow away rigging case FT *



HEALTH

ENDNOTE

Biggest football stadiums in the US and EU reddit *



Today’s Issue Cluster: X

MAJOR DATA POINTS

X



MARKETS

Currencies – Investors feel the pinch as strong dollar hits dividends FT * *

Currencies – EMs Extend Longest Selloff Since Turn of Century B *

Currencies – War heating up for yen and euro FT *

Currencies – China’s Move Rattles African Economies WSJ / FT *

Currencies – Fears of instability keep demand for banknotes FT *



ECONOMICS

US – Economy Slogs Through Global Woes, So Far WSJ *

US – China’s Woes Echo in Earnings WSJ *

US – Business Investment Changes Its Stripes WSJ *



POLITICS & FISCAL POLICY

India – Mood changes as Narendra Modi’s shine fades FT / FT

India – Politics Trip Up Modi’s Agenda WSJ *



MONETARY POLICY

Fed – China puts September rate lift-off in doubt FT / B *

Fed – Signs of pushback on interest rate rise call FT *

Fed – Devaluation could help blunt trajectory WSJ *

Fed – Move Is No Sure Thing for Bank Profits WSJ * *



FINANCE

India – Bad Loans Impede Economic Growth WSJ



REAL ESTATE

LABOR & EDUCATION

India – Robot Invasion Undercuts Modi’s Quest to Put People to Work B

India – The world’s biggest country E *



SERVICES

MANUFACTURING

TECH

Streaming – Unplug From Media Stocks? Maybe Not WSJ *

Streaming – Big Media Must Reverse Netflix WSJ *

Streaming – Apple gains ground FT



TRADE & TRANSPORTATION

COMMODITIES

Metals – Caught in Federal Reserve crossfire FT

Metals – Yuan Devaluation Adds to Export Competition WSJ *



ENERGY & ENVIRONMENT

Oil – US Loosens Longtime Ban on Exports WSJ

Oil – Canada storage tanks filled to levels not seen in 80 years CBC *

Oil – Optimistic Experts Still See Rally B *

Oil – Majors’ $Make $60b In Cuts B * *



HEALTH

ENDNOTE

The Midwest, Home of the Supermodel A *



Today’s Issue Cluster: Latin America

China – ‘You cannot trust the numbers’
Aluminum – China’s Gargantuan Exports Poised to Get Even Bigger
Air – New study suggests China pollution worse than thought



MAJOR DATA POINTS

X



MARKETS

China – Defends new currency regime FT / WSJ

China – Markets Test Vow to Ease Grip on Yuan WSJ / FT *

China – Volatility Saps Momentum for Market Reform WSJ *

China – Beijing, Citigroup Agree: There’s No Need for Big Yuan Devaluation B *

China – Takes Toll on Local Firms WSJ *

China – Asia Inc weighs impact FT * *

China – EM Exporters Feel Heat WSJ *

China – Mixed Blessing for Smartphone Makers WSJ *



ECONOMICS

China – Global companies hurt by slowing FT * *

China – ‘You cannot trust the numbers’ FT *



POLITICS & FISCAL POLICY

LatAm – Mexico and Colombia join ‘fragile five’ FT

LatAm – Honduras and Guatemala: A Central American spring? E *

Brazil – Economists See Downgrade to Junk in the Next Few Years B * *

Colombia – Peso slide fuels rate rise risk FT *

Colombia – Oil fall shuts ‘door to paradise’ FT * *

Venezuela – ‘Terrorised by oil price drop’ FT * *

Guyana – Exxon’s $40b Discovery Rekindles a Nasty Feud B / va *

Cuba – Despite the embargo, US exports plenty E *



MONETARY POLICY

FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

Online – Alibaba Mania Continues to Fade WSJ / FT / NYT / WSJ * *

Online – Alibaba looking for new sources of growth E * *



MANUFACTURING

TECH

TRADE & TRANSPORTATION

COMMODITIES

Aluminum – China’s Gargantuan Exports Poised to Get Even Bigger B *

Aluminum – A Headache for Traders B * *

Tin – Why it stands out in the commodities rout r *

Platinum – South Africa’s Miners Start Over WSJ

Gold – Demand falls to six-year low FT / WSJ



ENERGY & ENVIRONMENT

Air – New study suggests China pollution worse than thought E / B *



HEALTH

ENDNOTE

Map of the world by market cap bm *



Today’s Issue Cluster: Oil

Truck – Plan to expand capacity by buying more trailers
Ag – Worst El Nino in 30 Years Hits South American Crops
World – Supercycle’s end ominous for resource-based economies



MAJOR DATA POINTS

US – Jul: Strong inventories signal upward revision to Q2 growth; +0.8% from +0.3% / R *

US – Jul: Retail Sales Rise; +0.6% from flat / WSJ / R / AP / B

US – Jul: Oil, Dollar Push Import Prices Lower; -0.9%, -10.4% yr / WSJ

US – Week: Jobless Claims Rose; +5k to 274k / WSJ / R



MARKETS

World – Yuan Devaluation Boosts Investors Betting Against Asia WSJ *



ECONOMICS

World – Supercycle’s end ominous for resource-based economies N *



POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

REAL ESTATE

US – Surge in Commercial Prices Stirs Bubble Worries WSJ *

US – Concerns That Senior Housing Supply Will Outpace Demand WSJ *



LABOR & EDUCATION

US – Coming Soon: Millennials, Married With Children WSJ *

US – Birthrate Hits Turning Point WSJ *



SERVICES

MANUFACTURING

TECH

TRADE & TRANSPORTATION

Auto – Tire Manufacturers a Winner From Oil Collapse B *

Truck – Plan to expand capacity by buying more trailers B * *

Truck – Energy Bust Triggering Consolidation WSJ / WSJ

Truck – Tonnage by Mode and Route on US Infrastructure / motw *



COMMODITIES

Ag – Feels the bite of weaker demand FT * *

Ag – Worst El Nino in 30 Years Hits South American Crops B

Ag – On US Farms, Fewer Hands for the Harvest WSJ *



ENERGY & ENVIRONMENT

Oil – Global supply grows at ‘breakneck speed’, says IEA FT / WSJ * *

Oil – Opec production rises even as Saudi cuts back FT / WSJ / B *

Oil – Futures Signal Weak Prices Could Last Years WSJ *

Oil – Move to Allow US Exports Accelerates WSJ *

Oil – Energy Firms Struggle to Turn Off the Tap WSJ

Oil – A $4.4t Hole WSJ *

Oil – Majors’ Downstream Outlook Lacks Refinement WSJ *

Oil – The New Order FT * * * * * *



HEALTH

Drugs – Potent New Stimulant Flakka Ravages Florida WSJ *

Drugs – Colombian Coca Crop Increased in 2014 WSJ

Drugs – Opium at a new high in Afghanistan E *

Drugs – How They Move Around the World B * *



ENDNOTE

10 Drugs That Have Been Around For a Long Time dv *



Today’s Issue Cluster: China Markets

Gaming – Macau: Gambling revenue drops 34.5% in July
Autos – China: Buyers burnt by stocks rout desert showrooms
TPP – Japan anxious at lull, US ‘giving up’



MAJOR DATA POINTS

EZ – Jun: Industrial production falls; -0.4%; +1.2% yr / WSJ *

US – Jun: JOLTS Job Openings Decreased; 5.25m from 5.36m / B



MARKETS

China – Devalues yuan amid reserve currency push FT / WSJ / NYT / R / B *

China – Markets Jolted WSJ / FT *

China – Intervenes to Support Tumbling Yuan WSJ / FT / R / WSJ / R / NYT *

China – IMF gives cautious approval FT

China – Move Cloaked as Bold Market Reform B / X *

China – Yuan Fall Won’t Ease Pressure WSJ / FT *

China – US Strains Mount WSJ *

China – Winners and Losers B / WSJ * * * * * *

China – Global Impact WSJ / FT *

China – Antipodean dollars hit FT *

China – Asia currency wars FT / WSJ / FT * *

China – Goldman estimates stock rescue at $144b FT / ft / wsj * *

China – Retail Investors Flee Plunging Markets WSJ *

China – Tighter Grip on Stock Market Strangles Shareholders WSJ *



ECONOMICS

China – Economy Sputters Into H2 WSJ / FT / R *

China – Companies Pay Debt Premium WSJ *

China – Moves to back small rural businesses FT * *

China – Cities Woo Private Investors NYT

China – Takes Its Debt-Driven Growth Model Overseas WSJ *



POLITICS & FISCAL POLICY

China – Devaluation Worsens Debt Woes for Local Governments WSJ

China – Urbanization leading to clashes between with farmers FT * *



MONETARY POLICY

Fed – China’s Export Defense Will Slow Yellen’s Offense WSJ *



FINANCE

REAL ESTATE

China – What next: a housing crash? FT



LABOR & EDUCATION

SERVICES

Gaming – Macau: Gambling revenue drops 34.5% in July R / BM *



MANUFACTURING

Autos – China: Buyers burnt by stocks rout desert showrooms R / WSJ



TECH

China – Set to Take Bite Out of Apple WSJ *



TRADE & TRANSPORTATION

TPP – Japan anxious at lull, US ‘giving up’ R

TPP – Dairy farmers milk politics R *



COMMODITIES

Commods – China Digs a Hole WSJ *

Aluminum – Meltdown fears FT * * *

Mining – Debt Loads Grow for Australian Firms WSJ *



ENERGY & ENVIRONMENT

Air – China War on Pollution Benefits From Economic Slowdown WSJ *



HEALTH

ENDNOTE

Uber Is Serving NY’s Outer Boroughs More Than Taxis Are 538 * *



Today’s Issue Cluster: Mobiles

Japan – Report fights perception that shares overvalued
Beef – Japan exporters stampeded by cattle shortage
Japan – Abe’s future uncertain as public support dives



MAJOR DATA POINTS

Singapore – Q2: GDP shrank amid a manufacturing contraction; -4.0% from +4.1% / B

Russia – Q2: Fears of financial crisis rise as economy shrinks; -4.6% from -2.2% / FT / FT * *

Germany – Aug: Sharp drop in ZEW investor sentiment. 29.7 from 25.0 / AFP

US – Q2: Productivity rebounds, but trend remains weak; +1.3%, +0.3% yr / R / WSJ / AP



MARKETS

Japan – Volatile yen threat as Abe support wanes FT *

Japan – Report fights perception that shares overvalued N * *



ECONOMICS

Japan – Spending shows signs of improvement N *



POLITICS & FISCAL POLICY

Japan – Should Plan for Fresh Stimulus, Says Abe Adviser WSJ

Japan – Abe’s future uncertain as public support dives N *



MONETARY POLICY

BOJ – Japan Contraction Doesn’t Mean More Easing WSJ *

BOJ – Edges towards new inflation measure FT *

BOJ – Even for pros, central bank is far from an open book N * *



FINANCE

REAL ESTATE

Japan – Tokyo office rents crawl to four-year high R *



LABOR & EDUCATION

Japan – World of work: Lost generation struggles to catch up FT * *

Japan – Number of women in work reaches record high FT * *



SERVICES

MANUFACTURING

TECH

Mobiles – Foxconn to employ up to 1m in India FT / FT

Mobiles – Xiaomi Is Assembling Smartphones in India WSJ

Mobiles – Huawei smartphone revenues leap 87% FT / WSJ *

Mobiles – Nokia prepares for mobile comeback R

Mobiles – Apple’s Upgraded Prospects for the iPhone WSJ *

Mobiles – Apple Watch owners making health a priority zdnet *

Mobiles – Kill Switch Is No Dead Certainty to Stop Phone Theft WSJ *

Google – New Parent Company ‘Alphabet’ WSJ / FT / NYT / R / B * *



TRADE & TRANSPORTATION

COMMODITIES

Beef – Japan exporters stampeded by cattle shortage N *

Beef – Incomes fatten up for Australian farmers SMH * *



ENERGY & ENVIRONMENT

Nuclear – Japan poised for nuclear restart FT / AP / N

Nuclear – Pre-Fab Plants Prove Just as Expensive WSJ



HEALTH

ENDNOTE

40 Designs Vying to Replace NZ National Flag ha *



Today’s Issue Cluster: US Labor

US – Rents Are Eating Up a Bigger Share of Income
Streaming – Another Pillar of the Bull Market Is Collapsing
Copper – Bears Keep ‘Stranglehold’ on Market as Stockpiles Rise



MAJOR DATA POINTS

China – Jul: Exports Slump; -8.3% from +2.8% / WSJ / R

China – Jul: Consumer Inflation Up Slightly; +1.6% from +1.4% / AP / X *

China – Jul: Factory Prices Weaken Again; -5.4% from -4.8% / WSJ / X *



MARKETS

Currencies – Have Bets Against Aussie Gone Too Far? WSJ

Currencies – How Low Can Malaysia’s Ringgit Go? WSJ / FT *

Currencies – Russian rouble leads EM slide FT *

Currencies – The Devastation For Commodity Countries Is Far From Over B *



ECONOMICS

POLITICS & FISCAL POLICY

MONETARY POLICY

Fed – Job Numbers Keep Rate Hike on Track WSJ / FT / WSJ / FT * *



FINANCE

REAL ESTATE

US – Rents Are Eating Up a Bigger Share of Income wsj * *

US – Farmland Investments Take Root WSJ *



LABOR & EDUCATION

US – Job Market Is Strong, But There’s Still Plenty of Slack wsj *

US – Employers Are About to Slow Hiring B *

US – Job growth shifts away from oil patch R *

US – Survey shows growing shortage of skilled labor R

US – Just How Stagnant Are Wages, Anyway? wsj * *

US – Overtime Rules Seen Boosting Low-Wage Hiring WSJ / WSJ

US – Presidential battle to be waged over pay FT * *

US – Large increases in minimum wage could have severe effects E / e * *

US – Proof of a ‘Gig Economy’ Revolution Is Hard to Find WSJ / AP *

US – Is the ‘Gig Economy’ a Thing? Ask Women wsj *



SERVICES

Streaming – Ad Woes Pummel TV Firms WSJ / FT *

Streaming – Another Pillar of the Bull Market Is Collapsing B *



MANUFACTURING

TECH

TRADE & TRANSPORTATION

Delivery – Shipping Woes Grow at Chicago’s O’Hare Airport WSJ

Delivery – DHL braced for home turf fight with FedEx after TNT deal FT *



COMMODITIES

Steel – Makers Try to Stay Out in Front in Auto Industry WSJ

Steel – Ford Hires Second Supplier for F-150 to Meet Demand WSJ

Copper – Bears Keep ‘Stranglehold’ on Market as Stockpiles Rise B

Gold – More trouble ahead for producers FT / WSJ *

Gold – Crash Costs Russia and China $5.4b B * *

Commods – China Trade Numbers Further Pressure Prices WSJ *

Commods – ‘Time to Buy’ Bn *



ENERGY & ENVIRONMENT

Carbon – Industry, States Set to Fight EPA Rules WSJ *

Carbon – ‘New rules not as bold as they seem’ E *



HEALTH

US – How Identity Theft Sticks You With Hospital Bills WSJ *

US – Spending Growth Jumped to 5.5% in 2014 WSJ / B *



ENDNOTE

Jobs in US cities, mapped in detail wapo * * * *