Bz Nwz

10 July 2014

July 9th, 2014

Today’s Issue Cluster: Natural Gas

UK – As Britons embrace digital banking, more branches face the chop
Air – Fewer Cargo Planes, More Cargo in Passenger Planes
Hospitals – Race Is On to Profit From Rise of Urgent Care

MAJOR DATA POINTS

China – Jun: Exports Rise; +7.2% from +7.0% / WSJ / B / R *

Japan – May: Machinery Orders Plunge; -19.5% mo / WSJ / R / FT

US – May: Wholesale inventories rise, point to rebound in second-quarter GDP; +0.5% / R / AP *

US – Week: Jobless Claims Fall; -11k to 304k / WSJ / B / R / AP *

MARKETS

Currencies – Reserves Swell in Asia WSJ *

ECONOMICS

Developing World – Blazes trail for 2.5b with no banking access FT * * *

POLITICS & FISCAL POLICY

Indonesia – Widodo Claims Victory, Subianto Won’t Concede WSJ *

Indonesia – Central Bank Takes Lead on Economy Amid Vote Count B

Indonesia – At Economic Crossroads WSJ *

MONETARY POLICY

Fed – Sets October End for Bond Buying WSJ / FT / NYT / R / AP / B *

Fed – Uncertainty Abounds Around Rate Rise WSJ / AP *

Fed – Has Little Uncertainty, Despite Forecasting Misses wsj *

FINANCE

UK – Scottish Banks Brace for Independence Vote WSJ *

UK – More than 30 new banks could open under looser regulations FT

UK – As Britons embrace digital banking, more branches face the chop R

REAL ESTATE

SERVICES

Retail – Promotions Drive Sales for US Stores in June WSJ

Retail – HarperCollins looks to bypass Amazon FT

Retail – Amazon courts Hachette authors R / WSJ / B

Retail – Amazon Shelves French Book Discounts WSJ

Retail – Wal-Mart Looks to Grow by Embracing Smaller Stores WSJ * *

Retail – Aldi and Lidl lead charge of discount supermarkets FT *

Retail – Fashion: A better business model FT * * *

Retail – Luxury brands battle to stay in fashion in SK FT *

Retail – Fast-growing Uniqlo still far behind Zara, H&M N *

MANUFACTURING

TECH

PCs – Swoon in Sales Eases WSJ

PCs – Business Buyers Lift Outlook WSJ *

TRADE & TRANSPORTATION

Air – Norwegian tests low-cost long-haul flights between UK and US FT / NYT

Air – New Lufthansa CEO may step up challenge to low-cost rivals R / FT / AP / WSJ / NYT

Air – ‘US Lines Seen Cruising Past European Peers’ Woes’ IBD / WSJ

Air – Fewer Cargo Planes, More Cargo in Passenger Planes BW

COMMODITIES

ENERGY & ENVIRONMENT

NatGas – China, Japan Shippers to Launch Arctic LNG Route WSJ *

NatGas – Russia, China inch toward another gas contract X *

NatGas – Network for $400b China-Russia deal in operation from 2018 / r *

NatGas – What China-Russia natural gas deal looks like wapo *

NatGas – Tanzania faces delays to export FT *

NatGas – China demand to double on smog concerns FT / WSJ

NatGas – ‘To face stiff competition from coal and renewables’ B

NatGas – Five new East-West pipelines planned; all avoid central Europe / r *

NatGas – US push wins eastern Europe praise FT

NatGas – US has slight edge over Canada on LNG projects FP

NatGas – Cache Now Under Shaky Ground NYT

NatGas – US shakes up LNG export rules FT / WSJ

NatGas – Canada builds LNG army for West Coast, may come up short R

NatGas – Only a fraction of big projects will be built: Shell R

LABOR & EDUCATION

HEALTH

Hospitals – Race Is On to Profit From Rise of Urgent Care NYT

ENDNOTE

The Deadliest Animal in the World gates *

Posted in Uncategorized | Comments Closed

9 July 2014

July 8th, 2014

Today’s Issue Cluster: Crops

Oil – US Seen as Biggest Producer After Overtaking Saudi Arabia
Ship – Nicaragua approves route for $40b canal
US – A Nascent Sign of Faster Wage Growth Ahead

MAJOR DATA POINTS

China- Jun: CPI Slows; 2.3% from 2.5% / WSJ / X *

China – Jun: PPI Falls at Slowest Pace in Two Years; -1.1% / B / X *

MARKETS

Bonds – Investors Need Not Cry for Argentina WSJ / B * *

Bonds – Puerto Rico casts shadow on muni market FT *

Bonds – Investors in Asia Return to Perpetuals WSJ *

ECONOMICS

Dubai – Development in talks to extend term of $10.5b loan FT

Dubai – Planning the world’s biggest shopping mall CBS *

Dubai – Stocks gyrate as bull run hits buffers FT / BW / R *

POLITICS & FISCAL POLICY

Ukraine – Lays Plan to Besiege Rebels in Eastern City WSJ / FT

Ukraine – Russia Threatens Response If Sectoral Sanctions Imposed B

Ukraine – EU’s united front on Russia falling amid gas needs AP

MONETARY POLICY

FINANCE

US – Citigroup Nears Deal to Resolve Mortgage Probe WSJ / FT / R / NYT *

US – Morgan Ramping Up Efforts to Cut Wasteful Expenses WSJ *

US – Bankers warn over rising business lending FT

US – Growth in Credit-Card Balances Slows Sharply in May wsj *

Mobiles – Samsung hits smartphone growth plateau FT / FT * * * *

Mobiles – Foreign Investors Put Pressure on Samsung WSJ / WSJ * * *

Mobiles – Google latest empire-building tactic: cheap phones q *

Mobiles – BlackBerry: $5b is a lot for what the company is today FT / G&M * *

Mobiles – Apple’s iPod Still Has the Touch WSJ *

Mobiles – Cook’s Vision Begins to Emerge WSJ *

TRADE & TRANSPORTATION

Ship – Port Cities Prep for Wider Panama Canal WSJ

Ship – Nicaragua approves route for $40b canal R / R *

COMMODITIES

Crops – Cocoa: EM Chocolate Lovers Boost Prices WSJ * *

Crops – Coffee: A brand new weapon for Colombia’s crop police FT

Crops – Rice: Thai Subsidy Leaves Junta in a Quandary WSJ *

Crops – Corn: Blockbuster US harvest FT / WSJ / WSJ / WSJ * *

Crops – Soybeans: Tumble on record US planting FT / WSJ

Crops – US: After a Drought, Agriculture Climbs NYT *

Crops – India: To Keep Grain Supplies on Fears of Poor Monsoon Rains WSJ

Crops – China: Slowing Demand for Feed Ingredient Jolts US Markets WSJ

Crops – China: Forecasts bumper grain harvest CD *

Crops – GMOs: US Calls on Europe to Ease Limits on Gene-Altered Food NYT

Crops – Herbicides – The Rise of the ‘Super Weed’ Around the World wsj *

ENERGY & ENVIRONMENT

Oil – US Seen as Biggest Producer After Overtaking Saudi Arabia B / R *

Oil – Loophole for condensate exports may apply to other US crudes R

Oil – US could dominate global condensate supply R

Oil – Libya to increase exports as key terminals reopen FT / WSJ

Oil – Fears grow over long-term hit to Iraq output FT * * * *

Oil – Iraq shock to lift safe-haven currencies R *

LABOR & EDUCATION

US – Job Openings Rise to 7-Year High, but Hiring Notches Scant Gains wsj *

US – Fewer People Are Quitting Their Jobs, And Why That’s Not Good wsj *

US – A Nascent Sign of Faster Wage Growth Ahead wsj *

US – America Inc. Wakes Up to Wage Inflation WSJ *

HEALTH

ENDNOTE

The 10 companies that own most of the familiar food brands wapo *

Posted in Uncategorized | Comments Closed

8 July 2014

July 7th, 2014

Today’s Issue Cluster: Planes

US – Scrutiny Shifts to Commerzbank and Germany
World – Chances of rate hike decreasing for Fed, RBA but increasing for BOE
Shale – US: Boom Only a Modest Boost to Manufacturers

MAJOR DATA POINTS

Japan – May: Current-Account Surplus Beats Estimates; +¥523b (+$5b) / B / WSJ

Germany – May: Exports, imports disappoint; -1.1%, -3.4% / AP

UK – May: Manufacturing Unexpectedly Slumps Most in 16 Months; -1.3% / B / R *

US – May: BLS Jobs Openings increase; 4.6m from 4.5m / cr * *

US – Jun: NFIB Small Business Optimism Index fell; -1.6 to 95.0 / R *

MARKETS

Bonds – Gilt strategists look for Carney’s Maradona feint FT * * *

Bonds – Market Is a Drag These Days WSJ *

ECONOMICS

Iraq – Western banks start to pull out FT * *

Egypt – Gulf Nations’ Sway Rises WSJ / FT * * *

Turkey – Erdogan: Supreme ambition FT / BW * * * *

Afghanistan – Kabul’s Economic Bubble Bursts WSJ *

Pakistan – Karachi: Under siege FT * *

POLITICS & FISCAL POLICY

MENA – The failures of the Arab spring were a long time in the making E * *

MENA – Middle East: Falling to pieces FT * * *

MENA – Isis advance reverses decade of growth in Middle East trade FT * * * *

MONETARY POLICY

World – Chances of rate hike decreasing for Fed, RBA but increasing for BOE r *

World – Global money supply / zh *

FINANCE

US – Banks’ Cuts Fall Short as Growth Stays Tepid WSJ *

US – Scrutiny Shifts to Commerzbank and Germany NYT / WSJ

EU – Banks look to shed loans worth €100b FT *

EU – Banks’ Judgment Leaves Investors with Alternative Risk WSJ *

REAL ESTATE

Ireland – House prices raise fears of a new bubble FT * * *

Ireland – Employers’ group calls for end to austerity in budget FT *

SERVICES

MANUFACTURING

Planes – Wide: Airbus to step up challenge to Boeing FT *

Planes – Narrow: Airbus, Boeing Compete to Pack Seats in Smallest Planes WSJ

Planes – A330: Airbus poised to revamp with Rolls-Royce R

Planes – A350: Airbus puts on brave face over cancelled $16b contract FT / FT / FT

Planes – A380: Airbus, Emirates, Amedeo pitch US airlines on jetliner R / B

Planes – 777: Big-Belly Boeing Blunts Demand for Cargo-Only Jets B

Planes – 747: Buoyed by Talks on China Order B

Planes – 747: ‘Going extinct’ q * * *

Planes – Ex-Im: Boeing Faces Long-Term Credit Risk if Bank Closed, S&P Says WSJ

TECH

TRADE & TRANSPORTATION

Truck – Help Wanted: Jobs Go Unfilled WSJ *

Truck – ATA Index increased / cr *

COMMODITIES

Pork – Virus Plagues Industry, and Environmentalists NYT

Fish – Shrimp’s New Path to the Plate NYT *

ENERGY & ENVIRONMENT

Shale – US: Behind the Oil-Train Explosions WSJ *

Shale – US: Boom Only a Modest Boost to Manufacturers wsj

Shale – Germany: Shelves Drilling For Next Seven Years WSJ / NYT / FT

LABOR & EDUCATION

EU – Economists fear a permanent scar on the job market FT * * *

EU – Unemployment is still stagnant r *

EU – European Youth Unemployment Rates / *

HEALTH

ENDNOTE

Side where the train runs by country motw *

Posted in Uncategorized | Comments Closed

7 July 2014

July 6th, 2014

Today’s Issue Cluster: US Labor

Ukraine – Even With Sanctions, US Sales to Russia Hit New High
Power – Hackers Find Open Back Door to Power Grid With Renewables
Metals – Fraud worries a lead weight on imports in China

MAJOR DATA POINTS

Germany – May: Industrial Output Falls in Sign of Slower Growth; -1.8% from -0.3% / B / AP *

Germany – May: Manufacturing Orders Drop More Than Expected; -1.7% from +3.4% / WSJ / B *

MARKETS

EMs – Why the ‘convergence’ story is losing steam ft * * * * * *

EMs – Nigeria, Malaysia top survey of 20 emerging economies N *

ECONOMICS

France – Puts Euro Zone Recovery at Risk, Economists Warn FT

France – Businesses Losing Confidence in Hollande WSJ / B

France – Hits out at dollar dominance in international transactions FT / B

POLITICS & FISCAL POLICY

Ukraine – Pro-Russian separatists flee Slavyansk FT / WSJ / WSJ *

Ukraine – Merkel’s harder stance on Russia fuels anxiety for companies FT *

Ukraine – Even With Sanctions, US Sales to Russia Hit New High wsj * *

MONETARY POLICY

ECB – Holds Interest Rates Steady WSJ / R / NYT / B *

ECB – To transform how it runs monetary policy FT / q *

SR – Sweden Makes Large Cut to Main Interest Rate FT / WSJ / AP / WSJ / B * *

NB – Scandinavian policy makers in test of resolve FT / FT *

Fed – Falling Unemployment Doesn’t Rate WSJ / FT / B *

Fed – Keeps a Watchful Eye As Food Prices Rise WSJ *

FINANCE

EU – Europe Banks Falter as ECB Defers Asset Buying B *

EU – Banks raise capital ahead of stress tests FT *

EU – Banks Face Added Capital Requirements WSJ *

EU – Bank stocks suffer from legal fears FT * * *

TRADE & TRANSPORTATION

COMMODITIES

Metals – Foreign Banks See Exposure to China Port Qingdao Topping $500m WSJ *

Metals – Fraud worries a lead weight on imports in China N *

Metals – Miners seek to take the plunge FT

Metals – Iron ore boosted by China restocking FT

Metals – Aluminum’s Collision Course With Steel WSJ *

Metals – With iron ore weak, investors should look to aluminum FT *

ENERGY & ENVIRONMENT

Power – US Government Is Urged to Takes Steps for Grid Protection WSJ

Power – Hackers Find Open Back Door to Power Grid With Renewables B *

LABOR & EDUCATION

US – As Jobs Surge, Hurdles Linger WSJ / B / WSJ * * *

US – Hiring Pickup Aided By Rare Source of Strength: Governments wsj *

US – Unemployment falls to 6.1%, avg UE duration drops to 33.5 wks / *

US – Unemployment rates by race and ethnicity / *

US – UE duration, discouraged down, participation flat *

US – Underemployment / *

US – Part-time work is still elevated / *

US – Full-Time Employment vs. Total Employment *

US – Two charts / q * *

US – Hiring may be rebounding, but wage growth is not r *

US – But What Do Payrolls Say About A New Recession Risk? wsj * * * *

HEALTH

Pharma – Merck, Gilead Lead Race To Eradicate Hepatitis C IBD

Pharma – Drugmakers warn on SK pricing policy FT

Pharma – GSK faces questions over direction of China corruption probe FT *

ENDNOTE

Manhattan’s Daytime Population — Helps Identify Hospitals reddit *

Posted in Uncategorized | Comments Closed

3 July 2014

July 2nd, 2014

Today’s Issue Cluster: Water

China – Seeks Great Power Status After Centuries of Sea Retreat
E-Cigs – Philip Morris announces hybrid containing tobacco
EU – Brussels Eyes Digital Agenda to Better Compete with the US

MAJOR DATA POINTS

EZ – Jun: Markit PMI slows as French activity drops; 52.8 from 53.5 / R / WSJ * *

US – Jun: Employers added jobs at a robust clip; +288k from +224k / WSJ / AP / FT / NYT / B *

US – Week: Jobless claims rise slightly; +2k to 315k / R *

US – Jun: Challenger planned layoffs fell 40.6%; 31k / *

US – Jun: Markit services PMI accelerates; 61.0 frim 58.1 / R

US – Jun: ISM Services PMI Pulls Back Slightly; 56.0 from 56.3 / WSJ / AP / B / R *

US – May: Trade Gap Shrinks More Than Forecast on Record Exports; -$44b from -$47b / R / AP / WSJ / B *

MARKETS

Argentina – Consensus Emerges: Pay Off Debt WSJ / FT

Argentina – Row triggers interest in defaulted debt FT *

ECONOMICS

UK – Manufacturing growth soars but productivity remains dire FT * * * *

POLITICS & FISCAL POLICY

China – Seeks Great Power Status After Centuries of Sea Retreat B * *

MONETARY POLICY

Fed – Yellen holds firm on rate rises FT / WSJ / B / R / nyt

Fed – Yellen may be poised to rewrite rule book on wages, inflation R / FT / B / ft / r * * *

Fed – Consumer Inflation Hits Highest Level Since 2012, Near 2% Target WSJ / wsj *

Fed – What the Gap Between CPI and PCE Means for Overshooting wsj * *

Fed – Bond traders bet Bank has got it wrong on interest rates FT

Fed – FOMC Tenures: Long Terms Mean Current Committee Could Be Going Nowhere wsj *

FINANCE

REAL ESTATE

UK – Lending curbs set to bite first in London and southeast FT *

UK – Housing market must still face rising interest rates FT *

UK – ‘Mansion tax’ fears chill London’s luxury housing market FT / FT *

SERVICES

E-Cigs – Philip Morris announces hybrid containing tobacco wsj *

E-Cigs – Tobacco Bonds Feel Heat WSJ *

Pot – US Ganjapreneurs Hit the Jackpot S * * *

MANUFACTURING

TECH

EU – Brussels Eyes Digital Agenda to Better Compete with the US S * *

TRADE & TRANSPORTATION

Air – Delta Adds To Capacity Worries As Gulf Carriers Grow IBD *

Air – Delta, Alaska Airlines Go to War Over Seattle WSJ *

COMMODITIES

Water – Meteorologists shift tone on El Niño FT / WSJ / wapo / N * *

Water – South America Better Positioned Financially for El Niño, Moody’s Says WSJ

Water – Investing in Scarce Resources WSJ *

Water – California Cities Crack Down WSJ *

Water – Feds don’t want irrigation used to grow pot AP

Water – California city looks to sea AP

Water – Drought Plagues Brazil’s Biggest City WSJ

Water – Irish braced for new annual charge FT *

Water – This June could be the driest ever in India TOI / PTI / ET / * * *

Water – Mismanagement blamed for New Delhi’s crisis FT * *

ENERGY & ENVIRONMENT

Oil – Islamic State seizes field and towns in Syria’s east R *

Oil – Libya Could Lift Force Majeure on Key Eastern Ports WSJ / FT / r *

Oil – Slides on reports of possible Libya exports recovery FT *

Oil – US Gas Prices Wallop Wallets WSJ *

Oil – Explorers hit rock bottom FT / FT *

LABOR & EDUCATION

HEALTH

Pharma – European drugmakers sold before they reach full maturity FT * * *

Pharma – Which states prescribe the most painkillers? wapo * * *

ENDNOTE

When each country celebrates national/independence day motw *

Posted in Uncategorized | Comments Closed

2 July 2014

July 1st, 2014

Today’s Issue Cluster: Autos

HK – Xi Jinping is said to have decided that Beijing has been too lenient
Coal – Australia faces rising investment backlash

MAJOR DATA POINTS

EZ – May: Producer Prices Continue Falling; -0.1%, -1.0% yr / WSJ

US – May: Factory orders slide; -0.5% from +0.8% / AP / R

US – Jun: ADP Says Companies Added Most Workers Since 2012; +281k from +179k / WSJ / B / AP / R *

MARKETS

Bonds – Moody’s Cuts Puerto Rico Rating Three Notches WSJ / FT / B

Bonds – Catastrophe investors show their limits FT *

ECONOMICS

Australia – Dollar Parity Talk Resumes WSJ *

Australia – ‘Open’ to more Chinese investment FT * *

Australia – Dependency on China commodity appetite increases r *

POLITICS & FISCAL POLICY

HK – Huge Crowds Turn Out for Pro-Democracy March, Defying Beijing NYT / WSJ / FT / R / B *

HK – Xi Jinping is said to have decided that Beijing has been too lenient R * *

MONETARY POLICY

ECB – Loan-buying plans stall FT *

FINANCE

Trade – Mind the gap in export finance if US lender closes R *

Trade – What countries spend on export finance q *

REAL ESTATE

US – Apartment Rents Rise as Incomes Stagnate WSJ *

US – CoreLogic home prices rose more slowly in May; +1.2%, +8.8% yr / AP / cr *

US – Big Builder Eyes Home-Rental Market wsj *

US – Baby Boomers Hold On to Houses WSJ *

US – Baby Boomers Aren’t (Yet) Downsizing in Droves wsj *

US – Shrinking Office Spaces Slow Recovery WSJ *

SERVICES

MANUFACTURING

Autos – US: June Sales Keep Climbing WSJ / FT / AP / NYT * *

Autos – US: GM to Recall 8.45m More Vehicles WSJ *

Autos – US: Barra defends GM culture changes FT / WSJ / r *

Autos – US: Ford Cuts Fuel-Economy On Some Vehicles After Tests WSJ *

Autos – Mexico: Daimler and Nissan confirm €1b joint venture FT / AP

Autos – Brazil: Sales of luxury cars boom FT

Autos – EU: Industry Recovery Slows in May WSJ / NYT / b * *

Autos – China: Foreign carmakers milk China’s cash cow FT / WSJ / CD * * * *

Autos – China: To probe car market competition FT

Autos – China: Consumers switch gears from cash to credit for car buys R

Autos – China: New Rules Lift BYD’s Electric-Car Sales WSJ *

Autos – Japan: Premium brands still behind German rivals E *

Autos – Japan: Seeks to Squelch Its Tiny Cars NYT *

Autos – Japan: Honda’s Asian pivot N *

Autos – SK: Hyundai’s hydrogen fuel-cell car makes US debut R

Autos – SK: Ever-stronger won worries companies N *

Autos – Indonesia: Carmakers rev up discounts to clear showrooms FT

Autos – Myanmar: Carmakers targeting affluent N / N

Autos – Iran: Companies Make Plans to Invest if Sanctions Ease WSJ * *

TECH

Telecoms – FTC Accuses T-Mobile of Fraud in Billing R / AP / NYT / WSJ / FT

TRADE & TRANSPORTATION

COMMODITIES

ENERGY & ENVIRONMENT

Coal – Australia faces rising investment backlash R *

Coal – Australia risks isolation among G20 by scrapping carbon tax FT

Coal – Wyoming Sticks by Resource Despite Upheaval WSJ *

Coal – India the third-biggest importer FT / q *

LABOR & EDUCATION

HEALTH

ENDNOTE

The most popular museums in the world e *

Posted in Uncategorized | Comments Closed

1 July 2014

June 30th, 2014

Today’s Issue Cluster: Metals

China – World bank profits hit $920b as Chinese lenders boom
Transit – Canada manufacturers cry foul over Buy American bill
Ship – As Panama Canal Expands, West Coast Ports Scramble

MAJOR DATA POINTS

China – Jun: HSBC PMI shows first expansion in six months; 50.7 from 49.4 / R / WSJ *

China – Jun: Official PMI Rises to Six-Month High; 51.0 from 50.8 / B *

Japan – Jun: Tankan Corporate Sentiment Worsens after Tax Rise; +12 from +17 / WSJ *

EZ – May: Jobless Rate Unchanged as Crisis Legacy Lingers; 11.6% / AP / B / NYT *

EZ – Jun: Markit manufacturing PMI eases, France slowdown weighs; 51.8 from 52.2 / R / B / WSJ * *

US – Jun: ISM manufacturing sector growth dips slightly; 55.3 from 55.4 / WSJ / R *

US – Jun: Markit manufacturing expands at fastest rate in over four years; 57.3 / R * *

US – May: Construction spending barely rises; +0.1% from +0.8% / R / AP *

MARKETS

Bonds – High water for eurozone rally as yields near US levels FT * * *

Bonds – Spreading Unease in Corporate Markets WSJ *

Bonds – Securitisations backed by delinquent US mortgages bounce back FT

Bonds – US Investors Flock to SK WSJ * *

Bonds – Russian issuance sparks optimism FT

Bonds – Municipal index performance / *

ECONOMICS

World – Capital expenditure by companies still stalling FT * *

US – Businesses Spend Money–but Not Yet on Capital Projects wsj *

POLITICS & FISCAL POLICY

Iraq – New Parliament to Convene and Start Choosing Key Leaders WSJ *

Iraq – Iran-Saudi proxy war heats up as Isis entrenches FT / S *

Iraq – Rebels Extend Reach E *

Iraq – Areas currently controlled by ISIS / afp *

Iraq – Syria Borders / *

Iraq – Turkey ready to accept Kurdish state in historic shift FT / FT / NG *

MONETARY POLICY

FINANCE

China – Regulator to Ease Rules on Banks’ Loan-to-Deposit Ratio WSJ / b *

China – World bank profits hit $920b as Chinese lenders boom R / q *

China – Banks’ profit growth to slow, risks rising R

China – The world’s top banks are changing their strips e *

REAL ESTATE

France – Mortgage lending slumps in May despite low rates R *

SERVICES

Taxis – US medallions have been a good investment for years q * *

Taxis – Green Cabs Gaining Ground in NYC WSJ *

MANUFACTURING

Transit – Canada manufacturers cry foul over Buy American bill G&M / CP

TECH

Telecoms – Fragmented industry undermines Europe’s single-market dream FT * * * *

TRADE & TRANSPORTATION

Ship – As Panama Canal Expands, West Coast Ports Scramble NYT

Ship – West Coast Ports Set to Keep Humming WSJ *

COMMODITIES

Metals – Iron: Investors Fret Over Flood of Ore WSJ / FT / N / X * *

Metals – Iron: The Great Glut of China N *

Metals – Iron: ‘China’s zombie industries menace global markets’ N *

Metals – Aluminum: Japan premiums mostly set at record high R *

Metals – Aluminum: Steer Clear of China Crush WSJ *

Metals – Palladium: Supply uncertainty keeps prices at near record levels N * *

Metals – Gold: Geopolitical Unease Lifts Price, but for How Long? WSJ *

Metals – Gold: Singapore seizes on soaring Asia demand FT *

Metals – Copper: Prices Seen Marching Higher WSJ / WSJ *

ENERGY & ENVIRONMENT

Shale – US: PA Fracking study finds new gas wells leak more AP

Shale – US: ND’s Latest Fracking Problem WSJ

Shale – US: NY Communities Can Ban Fracking, Court Rules WSJ *

LABOR & EDUCATION

HEALTH

Ebola – Crisis spreads R / r *

ENDNOTE

When to Expect the “Warmest Day of the Year” in US NOAA *

Posted in Uncategorized | Comments Closed

30 June 2014

June 29th, 2014

Today’s Issue Cluster: EU

Bees – US retailers look to limit pesticides
Power – HK future needs to come from China or LNG
MERS – Saudi Arabia suspects African camel imports

MAJOR DATA POINTS

Japan – May: Manufacturing output edges up; +0.5% from -2.8% / AP / B / R / b *

EZ – Jun: Inflation Steady; 0.5% / B / AP / R / WSJ / b *

US – May: Pending home sales jump to highest since Sept ’13; +6.1% / R / AP / WSJ / r *

MARKETS

Argentina – Court Dispute Could Cause Default WSJ / FT / B / WSJ

Argentina – Debt battle could pressure world food prices higher R *

ECONOMICS

EU – Leaders signal shift from austerity R / AFP / FT / AP / AFP

EU – France to extend easy loans to fight housing crisis R * *

EU – France Urges Looser Antitrust Rules After Alstom Tussle WSJ

EU – France tells investors: play game our way R / E / WSJ * * *

EU – Closely Studying Lessons From Japan WSJ *

EU – ‘Merkel’s Power Erodes’ S *

EU – Spain: A surprisingly strong recovery, largely export-driven E *

EU – Osborne plans creating ‘supercity’ for northern England FT *

EU – Poland thriving for first time in half a millennium E / E / E / E * * * * * *

EU – Leaders Snub Cameron and Pick Juncker FT / WSJ / B

POLITICS & FISCAL POLICY

Ukraine – EU Signs Pacts With Kiev, Georgia, Moldova WSJ / FT / R / AP / NYT / B / AP / WSJ *

Ukraine – EU Gives Russia Three-Day Deadline FT / B / AP

Ukraine – Italy leads calls to slow sanctions against Russia FT

Ukraine – Russia looks to shield economy from sanctions FT

Ukraine – ‘Why Putin Is in Trouble With 86% Approval’ B

Ukraine – Moody’s Assigns Negative Outlook to Russian Debt WSJ

MONETARY POLICY

World – BIS urges central banks to exit loose monetary policy FT

World – BIS warns ‘euphoric’ markets out of step with reality FT / WSJ / B / NYT / q *

FINANCE

US – Banks start to drain Barclays dark pool FT / WSJ / R / B / WSJ / NYT / FT / WSJ *

US – Dark pool spotlight falls on Tradebot FT *

US – Allegations against Barclays may lead to clearer rules FT

REAL ESTATE

SERVICES

MANUFACTURING

Defense – Drone Dogfight: Big Firms vs. Techies WSJ / FT *

Defense – Middle East sales fuel UK aerospace boom FT

Defense – F-35 stake promises big returns for BAE FT * * * *

Defense – Foreign-Investment Reform to Reshape India’s Industry WSJ *

Defense – Recruits’ Ineligibility Tests US Military WSJ *

TECH

Chips – Tapping Mobile, Internet Of Things IBD

Chips – Next for Makers: Tax and Drugs and M&A WSJ *

TRADE & TRANSPORTATION

COMMODITIES

Beef – Restaurants, Grocers Respond to Rising Costs WSJ *

Bees – US retailers look to limit pesticides R / G&M

Bees – Efforts Grow to Take the Sting Out of the Die-Off WSJ *

ENERGY & ENVIRONMENT

Power – EU Under Pressure to Overhaul Energy Strategy WSJ / WSJ *

Power – HK future needs to come from China or LNG N *

LABOR & EDUCATION

EU – Italy Seeks Funds as Migrant Flood Rises WSJ *

EU – Germany Grapples With Growing Shortage of Skilled Labor WSJ / FT *

EU – Germany real earnings rose at fastest pace in 3 yrs / b *

EU – Part-time employees wishing to work full-time at a record-high / b *

EU – Youth Unemployment Rates / b *

HEALTH

MERS – Saudi Arabia suspects African camel imports R / NYT

MERS – DNA Test Indicates Camel-to-Human Transmission NYT / R / AFP / B *

ENDNOTE

Mapping European genetics am *

Posted in Uncategorized | Comments Closed

27 June 2014

June 26th, 2014

Today’s Issue Cluster: China

MAJOR DATA POINTS

Japan – May: Inflation Slows; 1.4% from 1.5% / B / b *

Japan – May: Jobs Market Improves; 3.5% from 3.6% / R / WSJ / b *

US – Jun: UMich consumer sentiment rises; 82.5 from 81.9 / R / r *

MARKETS

EMs – Risk grows of disorderly bond sell-off FT

EMs – The “Fragile Five” are looking brittle again WSJ *

ECONOMICS

China – Companies have racked up $14t in debt FT / WSJ / B / q * *

China – New Loans Top Estimates in Boost for Economy B

China – World’s Biggest Debt Load Lures Distressed Funds B

China – Local Debt Growth Slows as Economic Expansion Cools B

China – Beijing’s Overhauls Get Short Shrift WSJ

China – ‘New era’ for German investment CD *

China – Pushes for World Bank rival FT

POLITICS & FISCAL POLICY

Hong Kong – China calls democracy poll ‘illegal’ FT / WSJ / R

Tibet – The Communist Party deepens integration with the rest of the country E *

Xinjiang – Web Preaches Jihad to China’s Muslim Uighurs WSJ / R *

MONETARY POLICY

PBOC – Central Bank Keeps Pumping Cash Into Financial System WSJ / wsj

FINANCE

China – An enticing but elusive market for foreign banks E *

China – Reasons to be bearish FT

China – Bankers Worried About Loans They Made to Chen Jihong WSJ *

China – Investment Banks on the Rise WSJ *

REAL ESTATE

China – Prices of New Homes Decline WSJ / B / b * * *

China – Property sales fall in June, smaller cities hit hardest ft * *

China – Housing market losing steam NYT *

China – Home Price Trend vs. Other Countries / b *

China – Correlation between house prices and consumer confidence threatens economy / b *

China – Property Collapse Seen as $33b in Trusts Due B

China – Investors Downbeat WSJ *

China – Commercial property carries biggest risks for investors FT

China – Manhattan Project Marred by Ghost Buildings B * *

China – Paper Warns on ‘Overly Pessimistic’ Views WSJ

China – ‘Expert sees soft landing in end to real estate boom’ CD

SERVICES

F&B – NY court votes 4-2 to block NYC’s soda ban WSJ

F&B – UK eyes fizzy drink tax to tackle obesity FT *

F&B – Frozen Foods Grow Cold as Tastes Shift to Fresher Fare WSJ *

F&B – Butter Makes Comeback as Margarine Loses Favor WSJ *

MANUFACTURING

TECH

TRADE & TRANSPORTATION

COMMODITIES

Fish – China Ends Ban on US Geoducks WSJ

Fish – Farmed to take over from wild seafood on dinner table FT

ENERGY & ENVIRONMENT

LABOR & EDUCATION

China – Lacks skilled workforce, govt think tank says CD

HEALTH

Demog – China: The changing face of growing old FT *

Demog – China: Scrambles to Adjust to Baby Boomlet WSJ

Demog – China: HK looks to export its elderly to mainland FT * * * *

Demog – China: Linguistic Divisions / motw *

ENDNOTE

The 31 countries Google Maps won’t draw borders around q *

Posted in Uncategorized | Comments Closed

26 June 2014

June 25th, 2014

Today’s Issue Cluster: Asean

Autos – Massive air bag recall could drive Takata into the red
Tech – More move to India’s Silicon Valley than the real Silicon Valley
US – First-Quarter Output Drop Doesn’t Measure Up with First-Quarter Hiring

MAJOR DATA POINTS

US – May: Consumer Spending Weak; +0.2% from 0 / AP / B / WSJ / R / r *

US – Week: Applications for unemployment benefits dip; -2k to 312k / AP / WSJ / B / R / r *

MARKETS

ECONOMICS

Indonesia – The political outsider FT * * *

Vietnam – Behind Anti-China Riots, a Tinderbox of Wider Grievances WSJ *

Vietnam – Ready to rumble FT * * *

Philippines – With Emerging Markets Back in Favor, Money Flows wsj *

Malaysia – Debt burden / r *

Asia – Sputtering Growth Engine wsj *

Asia – Wages Surging / N *