MACRO ECONOMIC NEWS

Macro Economic News 09 Aug 2016

GOOD MORNING

 

FINANCIAL TIMES

[I]  Trump pledges business ‘tax revolution’

[I]  Seoul missile move hits China Korean Wave

[I]  ‘Safe’ Spain enjoys tourism boom

[I]  Japan’s emperor reveals desire to abdicate

[I]  Chinese vessels raise tension with Japan

[I]  Opec to hold informal September meeting

[I]  Naira feels heat as unofficial rate sinks

[I]  US companies tap global demand for bonds

[I]  Krona bulls ready for inflation report

[I]  China warns UK over £18bn nuclear power deal

 

BLOOMBERG 

[I]  Spanish Bond Gains Push 10-Year Yield Below 1% for First Time

[I]  City of London Office Values Fall Most in Seven Years on Brexit

[I]  China Backlash Over U.S. Missile Shield Puts North Asia on Edge

[I]  Hong Kong Property Stocks Are Hottest Since Eve of 1997 Collapse

[I]  Love of Fried Food Could Curb India's Crude Oil Imports

[I]  China’s Great River of Steel Swells as Trade Tensions Build

[I]  China Growth Momentum Is Stable, Says Minikin

[I]  China Bought Less Bullion as Prices Climbed After Brexit Vote

[I]  China Sees Second Shipbuilder Default This Year as Economy Slows

[I]  India’s Largest Mortgage Lender to Own 42.5% in Listed Insurer

 

BUSINESS LINE

[I]  GST a big win for ‘Team India’, will end tax terrorism: Modi

[I]  Biggest telecom spectrum auction to kick off on Sept 29

[I]  GST a big win for ‘Team India’, will end tax terrorism: Modi

[I]  Biggest telecom spectrum auction to kick off on Sept 29

[I]  e-filings up 10% this fiscal: CBDT

[I]  India to raise mobility of professionals, climate change issues at G-20: Panagariya

[I]  E-tailers hone up services ahead of festival season

[I]  No ban on tobacco imports for now, says Sitharaman

[I]  Masala bonds launch: Other firms to follow in footsteps of HDFC, NTPC

[I]  Insurers unhappy with draft road safety Bill, seek co-payment option

 

ECONOMIC TIMES

[I]  GST Bill passed; now reforms shifted to states

[I]  Rs 70,000 crore fell into Central Road Fund kitty in FY'16: Government

[I]  On-tap bank licencing 'credit positive' for NBFCs: Moody's

[I]  Consumer sentiment took a hit in July, says report

[I]  Regulatory issues, land acquisition delay 112 NHAI projects

[I]  Rs 5,56,000 crore big ticket spectrum sale in September; buyers may shy away from expensive 700 MHz band

[I]  Labour mobility, climate change top agenda at G20: Arvind Panagariya

[I]  Door to foreign investors only half-open in India

[I]  GST effect: FMCG, auto cos in a fix over tax holiday offered by states

 

BUSINESS STANDARD

[I]  GST to spare Poor, make consumer king: PM

[I]  FMCG sales growth slows to 3.2% in Apr-Jun

[I]  India to have 14% share in global smartphone market

[I]  Good rains put tractor sales in higher gear

[I]  GST may burn hole in middle class' pocket

[I]  UP power bids see rates shoot up to Rs 5.5 a unit

[I]  Bread loaf price set to rise by up to 25%

[I]  Process excess iron ore instead of exporting it: Expert

 

 

Best Regards, ARBIND