MACRO ECONOMIC NEWS

Macro Economic News 12 Oct 2016

 

FINANCIAL TIMES

[I]  S Africa prosecutors summon finance minister

[I]  Singapore shuts second Swiss bank over 1MDB

[I]  EU members clash over bank capital rules

[I]  Chinese lawyers protest at online curbs

[I]  Brexit bliss suffers rude awakening

[I]  Prize of peace still eludes Colombians

[I]  US jobless rise shows more seeking work

 

BLOOMBERG 

[I]  Political Risks Roil Currency Market, Pummeling U.K. Pound, Rand

[I]  China Cities Face End of Fairy Tale as Default Risks Rise

[I]  Russia Says It’s Joining China to Counter U.S. Missile Defense

[I]  Goldman Warns China’s Outflows May Be Worse Than They Look

[I]  Hong Kong Knows More About Money, but France Is Better at Managing It

[I]  PBOC Fuels Depreciation Talk as It Weakens Fixing for Sixth Day

[I]  Tide Turns on Rate Cuts in South Korea

[I]  Australia's 30-Year Bonds Look Set for Strong Demand

[I]  RBNZ Still Expects to Cut Interest Rates to Fresh Record Low

 

BUSINESS LINE

[I]  NRI deposits plunge 55% on oil slump, Fed rate-hike prospects

[I]  Soon, a Made-in-India aircraft will be ferrying passengers

[I]  Tax collections continue to be buoyant

[I]  India, China explore opportunities in green energy

[I]  ‘There is huge potential in mass transit systems, Railway modernisation in India’

[I]  Need for labour reforms in plantation sector underscored

[I]  Monsoon hastens exit from North-West, heads South

 

ECONOMIC TIMES

[I]  Banks’ profitability under threat? IMF thinks so

[I]  Brexit makes eurozone collapse five times more likely: JP Morgan CEO Jamie Dimon

[I]  A $7 trn moment of truth in markets is just 3 days away

[I]  Hope of bumper produce puts edible oil prices under pressure

[I]  Gold imports decline 59% during January-September: Report

[I]  Saudi Arabia sees its oil reserves lasting another 70 years

[I]  Oil glut to last until mid-2017 unless OPEC cuts output: IEA

[I]  Rising imports pull wheat prices 8-10% lower

[I]  India's exposure to US govt securities crosses $123 billion in July

[I]  Foreign holdings of Chinese bonds rise most in over 2 years in Sept

[I]  Government wants PSBs’ midsize corporate borrowers shifted to bond market

 

BUSINESS STANDARD

[I]  Stomach this: India ranks dismal 97 in global hunger index

[I]  Indian start-ups must go global: Simon Galpin

[I]  Integrating accounting standards with the world

[I]  Mumbai-Nagpur super expressway: Villagers up in arms over land acquisition

[I]  Govt sets up panel to revamp forest law

[I]  Govt issues more draft norms under Bankruptcy Code

[I]  Good monsoon fills reservoirs, heralds bumper harvest

[I]  Government can now fix retail prices of essential commodities

 

Best Regards, ARBIND