Friday, 19 August 2016
Macro Economic News 19 Aug 2016
FINANCIAL TIMES
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US to phase out use of private prisons
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Mexico urged to double sugary drinks tax
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ECB hints at further action next month
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S Australia power crisis hits green energy
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China launches $30bn venture fund
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LBMA say banks back its gold market plan
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Saudi oil exports rise despite glut
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Russia set to be biggest wheat exporter
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Oil swings back into bull market
BLOOMBERG
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The Land of Genghis Khan Is Having an Epic Economic Meltdown
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Mongolia Raises Rates to Record High of 15%
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Mongolia Hikes Interest Rate to 15% Protect Currency
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Chinese Airlines Wave Wads of Cash to Lure Foreign Pilots
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Bank of Japan Keeps Traders Guessing on When It Buys Stock ETFs
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New OPEC Freeze Wouldn’t Be So Potent as Gulf Rivals Pump More
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Indonesia Tax Amnesty Favors Cheats and Punishes Payers: OECD
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Japan May End a Tax Break That Encourages Women to Work Less
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China’s Secret Lists of Zombie Borrowers Leave Banks in the Dark
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The Gold Medal for Buying Up Brazilian Assets Goes to China Inc.
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More Japanese Investors Are Piling Into Catastrophe Bonds
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India’s Junk Bonds Seen Adding to 20% Gains as Funds Back Modi
BUSINESS LINE
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Pay disparity in banks: Rajan is right on the money
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Quality standards soon for SMEs to bag private, govt contracts
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Procedure eased for States to borrow from open market
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Govt slaps anti-dumping duty on cold-rolled flat steel products
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No fireworks by India Inc in Q1
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Cashew shipments down 24% in April-June
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Brazil’s auto sector skating on thin ice
ECONOMIC TIMES
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FIIs, EPFO may get more rooms in corporate bonds: Khan Report
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Bonds prices dip ahead of RBI Guv appointment
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CEOs see 3-year growth cheer for India Inc
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Moody's retains India GDP forecast, ups China's estimates
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Maharashtra to raise Rs 2 lakh crore by selling unused land
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July sees M&A deals worth $4 billion; year tally hits $20 billion
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Government begins review of 'Make in India' targets
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Government could take call on Raghuram Rajan's successor today
BUSINESS STANDARD
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Panel suggests forcing large firms to bond market
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Budget housing launches double in H1, says report
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Govt eases borrowing consent norms for states
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Debt recovery law amendments to ease NPA situation, says govt
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Pay 92 paise for Rs 10-lakh train travel insurance
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Mines ministry awaits steel ministry's response on scrapping export duty on iron ore
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Debt of top 30 steel firms hits record $150 bn
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Monsoon slacks off, surplus wiped off
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Industrial metal's record deficit
Best Regards, ARBIND
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