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{"id":45943,"date":"2014-05-11T23:22:06","date_gmt":"2014-05-12T03:22:06","guid":{"rendered":"http:\/\/bznwz.com\/?p=45943"},"modified":"2014-05-12T12:35:20","modified_gmt":"2014-05-12T16:35:20","slug":"12-may-2014","status":"publish","type":"post","link":"https:\/\/bznwz.com\/12-may-2014","title":{"rendered":"12 May 2014"},"content":{"rendered":"


<\/code><\/p>\n


\n

Today\u2019s Issue Cluster: China Real Estate<\/p>\n

China \u2013 Credit still double GDP growth; deleveraging hasn\u2019t really started
\nRetail \u2013 Barnes & Noble seeks big expansion of its college stores
\nShip \u2013 Pirate attacks are falling everywhere in the world except for Southeast Asia
\n
<\/code><\/p>\n


\n

MAJOR DATA POINTS<\/b><\/a><\/p>\n

Japan – FY2013-14: Current Account Surplus Smallest on Record; \u00a50.8t from +\u00a54.2t yr \/ WSJ<\/a> \/ B<\/a>
\n
<\/code><\/p>\n


\n

MARKETS<\/b><\/a><\/p>\n

Won – Strong Currency is a Headwind to Exports wsj<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ECONOMICS<\/b><\/a><\/p>\n

China – Factory activity shrinks in April R<\/a> \/ r<\/a> *<\/a><\/p>\n

China – To avoid big economic stimulus: central bank chief R<\/a><\/p>\n

China – Xi Says Must Adapt to \u2018New Normal\u2019 of Slower Growth B<\/a> \/ AP<\/a><\/p>\n

China – Poorer provinces are suffering most as the economy slows E<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

POLITICS & FISCAL POLICY<\/b><\/a><\/p>\n

Ukraine – Vote on Separation Held in Chaos NYT<\/a> \/ WSJ<\/a> \/ FT<\/a> \/ R<\/a> \/ B<\/a> \/ FT<\/a> *<\/a><\/p>\n

Ukraine – National opinion poll on secession \/ *<\/a><\/p>\n

Ukraine – More than half of Russians want the Soviet Union back q<\/a> *<\/a><\/p>\n

Ukraine – After a decade as president, economic growth in Putin’s Russia \/ r<\/a> *<\/a><\/p>\n

Ukraine – Germany’s Trade Ties to Russia Bind WSJ<\/a> \/ R<\/a><\/p>\n

Ukraine – Putin Going After Chinese Money to Sustain Sagging Russian Economy B<\/a>
\n
<\/code><\/p>\n


\n

MONETARY POLICY<\/b><\/a><\/p>\n

BOK – Holds Rate to Support Economy as Won Rise Adds to Risks B<\/a>
\n
<\/code><\/p>\n


\n

FINANCE<\/b><\/a><\/p>\n

China – Credit still double GDP growth; deleveraging hasn’t really started WSJ<\/a> \/ B<\/a> \/ b<\/a> *<\/a><\/p>\n

China – Entrusted Lending Raises Risks WSJ<\/a> *<\/a><\/p>\n

China – Big four banks’ profits surprise as reforms gather pace R<\/a> \/ WSJ<\/a> \/ r<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

REAL ESTATE<\/b><\/a><\/p>\n

China – Home Prices Continue to Weaken in April WSJ<\/a><\/p>\n

China – Price gains in 67 of 70 cities below Yu’e Bao money market fund \/ b<\/a> *<\/a><\/p>\n

China – Developers pull back as property downturn hits economy R<\/a><\/p>\n

China – Gloom deepens for developers ft<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

China – Property Bubble Has Already Popped, Report Says wsj<\/a><\/p>\n

China – ‘Housing bubble is collapsing’ q<\/a> *<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

China – ‘Property developers face uphill battle’ X<\/a><\/p>\n

China – A continued slowdown in property sector likely \/ b<\/a> *<\/a><\/p>\n

China – Property Slump Adds Danger to Local Finances B<\/a><\/p>\n

China – Leaning towers ft<\/a> *<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

SERVICES<\/b><\/a><\/p>\n

Retail – Drugstores, Auto Parts Chains Outpace Market IBD<\/a><\/p>\n

Retail – Barnes & Noble seeks big expansion of its college stores R<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

MANUFACTURING<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

TECH<\/b><\/a><\/p>\n

Valuations – Young Tech Companies Remain Sky-High WSJ<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

TRADE & TRANSPORTATION<\/b><\/a><\/p>\n

Ship – Cargo Containers Jam Manila Docks Amid Truck Ban B<\/a><\/p>\n

Ship – Wrong Type of Ice Hampers the Northern Sea Route WSJ<\/a><\/p>\n

Ship – Pirate attacks are falling everywhere in the world except for Southeast Asia q<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

COMMODITIES<\/b><\/a><\/p>\n

Hops – Prices soar as US craft beer boom takes off FT<\/a><\/p>\n

Rice – Another green revolution is stirring in the world\u2019s paddy fields E<\/a> *<\/a> *<\/a><\/p>\n

Coffee – Switzerland turns a little into a lot q<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ENERGY & ENVIRONMENT<\/b><\/a><\/p>\n

Carbon – Obama Lays Out Proposals on Cutting Pollution WSJ<\/a><\/p>\n

Carbon – US and China step up negotiations FT<\/a><\/p>\n

Carbon – Private-Equity Investors Join China’s Environmental Cleanup WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

LABOR & EDUCATION<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

HEALTH<\/b><\/a><\/p>\n

MERS – First US patient improving, gets ready for discharge R<\/a>R<\/a> \/ B<\/a> \/ WSJ<\/a> \/ NYT<\/a> \/ AP<\/a> \/ q<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ENDNOTES<\/b><\/a><\/p>\n

Temperature and Aggression motw<\/a> *<\/a>
\n
<\/code><\/p>\n


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