MACRO ECONOMIC NEWS

Macro Economic News 11 Aug 2016

 

FINANCIAL TIMES

[I]  Britain’s QE sends bond yields tumbling

[I]  Trump falls in polls despite reboot pitch

[I]  Ties with Turkey intact, says Nato

[I]  Sea dispute stokes China-Vietnam tensions

[I]  Spain nears deal to end political deadlock

[I]  China protests force nuclear waste rethink

[I]  Turkey scrambles to defend credit rating

[I]  Poland scarred despite forex loan rethink

[I]  US and European junk bond yields hit lows

[I]  Platinum metals join the precious rally

[I]  Fears for pensions as gilt yields turn negative

[I]  China’s capital controls fail to curb outbound investment

 

BLOOMBERG 

[I]  New Zealand Cuts Rates to Record Low

[I]  China Data Blast Offers New Clues on Economy's Direction

[I]  Singapore Cuts Top End of 2016 GDP Forecast on Weak Outlook

[I]  BOK Holds Key Rate at Record Low as It Assesses Economy

[I]  China’s Central Bank Plans Push to Increase Yuan’s Global Usage

[I]  No Need to Be So Negative on Sub-Zero Rates, Mr Carney

[I]  Brexit Hits U.K. Housing as Property Sales Drop Most Since 2008

[I]  Bond Market’s Big Illusion Revealed as U.S. Yields Turn Negative

[I]  Saudi Arabia Reports Record Oil Output on Summer Demand

[I]  Saudi-Iran Oil Rivalry Heats Up as OPEC Seeks to Stabilize Price

[I]  Indonesia Turns to Islamic Savings Bonds to Plug Revenue Shortfall

[I]  Mongolia Calls for Economic ‘Crisis’ Plan; Bonds Tumble

[I]  China’s Overseas M&A Spree Comes at Lowest Costs Since 2012

 

BUSINESS LINE

[I]  Centre clears tax hurdles to recast of public sector units

[I]  By 2022, biofuel ‘will become a Rs. 50,000-crore business’

[I]  Cabinet approves amendment to Lokpal and Lokayukta Bill

[I]  FinMin issues new norms for expenditure efficiency

[I]  GST: Centre may give more space to States on tax modalities

[I]  TRAI to come out with final paper on free data by month-end

[I]  North-West, Eastern India drenched; Met forecasts more rains

 

ECONOMIC TIMES

[I]  LS approves labour law to increase factory overtime

[I]  SEBI allows MFs to buy housing finance bonds

[I]  Cotton production to hit seven-year low due to lack of cultivation area and pest attacks

[I]  Government bonds firm up on steady demand

[I]  RBI soaking foreign inflows to curb impact on rupee: Raghuram Rajan

[I]  India writes to Singapore, Japan and South Korea to recast investment deals

[I]  Indian inflation seen picking up in July on higher food prices

[I]  Government plans to utilise landbanks of public sector enterprises

[I]  Delhi readies policy to fix tariff ceiling for Uber, Ola

[I]  Government reveals new system for appraisal and approval of schemes

 

BUSINESS STANDARD

[I]  FRBM panel for combining Centre, states' deficit targets

[I]  The war against pirates has just begun: Girish Kumar

[I]  Automobile sales grow 13% in July

[I]  Trai view on free data by month-end

[I]  Nod to 100% FDI in commodity broking, other financial services

[I]  LS passes Bill to double overtime hours for workers

[I]  Bigger NBFCs must be inspected regularly: Rajan

[I]  MF participation in voting to be scrutinised: Sebi

 

Best Regards, ARBIND