| Cosima F. Barone | Vol. IX - Issue #181 | Aug. 30, 2010 |
INSIDE THIS ISSUE:
All Eyes On Jackson Hole
Global financial circles, in continuous search of inspiration to ponder the future, turned their attention to Jackson Hole, at the end of last week, for word from Fed Chairman Ben Bernanke on the U.S. economy and monetary policy. The world’s central bankers and external economists travel to the magnificent mountainous Jackson Hole, Wyoming, for their annual gathering intented to take the pulse of the global economy and to give that information to a highly nervous financial market. ... Read more
Politics Grab Japanese Leaders' Focus
Japan’s problems have long been domestic and political, not economic and international, since neither the origins nor the consequences were economic. Japan’s problems have long been rooted in its political and social system, both trying to harmonize diverging interests. Gorged with federal money, the policies of cheap money and no reform were kept unchanged -- year after year, prime minister after prime minister -- which led the country to where it stands now: in deep deflation! ... Read more
A Glance At World's Insightful News
In Focus: SWITZERLAND
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Japanese Foreign Minister Katsuya Okada warned Thursday China risks losing foreign investments unless it introduces more transparency and consistency into its business rules, including its legal framework to deal with labor issues.
By YUKA HAYASHI and REBECCA BLUMENSTEIN
The Wall Street Journal, Sep. 03, 2010
A slim lead helped spark a global inquiry that found some of Europe's vaunted banks actively evaded U.S. law in aiding sanctioned countries to move $2 billion undetected.
The Wall Street Journal, Sep. 03, 2010
The euro may advance to a three- month high against the pound after the shared currency’s recent sell-off failed to set a new low for the first time since February, RBC Capital Markets said.
By Candice Zachariahs
Bloomberg News, Sep. 03, 2010
Asian stocks rose, extending the benchmark index’s biggest weekly gain in a month, as a surprisingly positive increase in U.S. home sales lifted confidence in the world’s largest economy. Japanese bonds dropped while the South Korean won strengthened.
By Linus Chua and Ian Sayson
Bloomberg News, Sep. 03, 2010
New Zealanders should have the right to buy land in China if investors in the Asian country want to purchase agricultural properties in the world’s largest dairy exporter, according to a farm group leader.
By Phillip Yin and Wendy Pugh
Bloomberg News, Sep. 03, 2010
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India is racing to put in place a range security measures for October's Commonwealth Games, from airborne snipers to metal detectors, as it seeks to allay fears that the 54-nation sporting event could become a target for a terrorist attack.
By AMOL SHARMA and VIBHUTI AGARWAL
The Wall Street Journal, Sep. 03, 2010
Islamic bonds lost to emerging- market debt for the fourth month in August and fund managers say returns won’t catch up until trading increases and Persian Gulf companies restructure their debt.
By Soraya Permatasari and Khalid Qayum
Bloomberg News, Sep. 03, 2010
Wheat climbed after Russia, the third-largest grower last year, extended a ban on exports into next year after a drought destroyed crops, tightening global supplies. The United Nations’ Food and Agriculture Organization called a special meeting to address the global grains situation.
By Luzi Ann Javier
Bloomberg News, Sep. 03, 2010
The United Nations’ Food and Agriculture Organization called a special meeting of policy makers to discuss the global cereal markets as Russia extended a grain-export ban, stoking concern there may be wheat shortages.
By Luzi Ann Javier
Bloomberg News, Sep. 03, 2010
North Korea is preparing its biggest political gathering in 30 years, drawing parallels with the 1980 summit that ensured Kim Jong Il’s succession amid speculation he will transfer power to his youngest son.
By Bomi Lim
Bloomberg News, Sep. 03, 2010
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The decision by Germany's central bank to request that one of its governors be sacked after broadcasting racially-charged views sets the stage for a messy legal struggle on contract law, free speech and a subject many in Berlin heartily wish would disappear.
By Terence Roth
The Wall Street Journal, Sep. 03, 2010
British companies are beating the world in the bond market as investors bet Prime Minister David Cameron’s efforts to tame the budget deficit will preserve the U.K.’s top credit rating.
By Bryan Keogh
Bloomberg News, Sep. 03, 2010
Brazilian Finance Minister Guido Mantega is failing to convince currency traders that the real is poised to slump as foreign investment pours into the country’s stock and fixed-income markets.
By Ye Xie and Gabrielle Coppola
Bloomberg News, Sep. 03, 2010
Japanese bonds headed for the biggest weekly loss since January 2009 on prospects a government led by Ichiro Ozawa will increase debt-fueled spending and as better-than-expected capital expenditure data supported demand for higher-yielding assets.
By Masaki Kondo and Kenichiro Kanno
Bloomberg News, Sep. 03, 2010
European Chamber of Commerce airs complaints
By Jamil Anderlini in Beijing
Financial Times, Sep. 02, 2010
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| Last updated: Sep. 03, 05:40 | Page 1 of 2 |