MACRO ECONOMIC NEWS

Macro Economic News 25 Nov 2016

 

FINANCIAL TIMES

[I]  China recalls all passports in Xinjiang province

[I]  Iceland’s dispute over UK grocer’s name heats up

[I]  Bond fund managers help limit post-election losses

[I]  Israel blames ‘arsonist terrorism’ for wildfires

[I]  UK workers face worst decade for pay in 70 years

[I]  Trump poses threat to Europe’s markets, ECB warns

[I]  Geopolitical role of trade deals is overdramatised

[I]  Turkey ups rates amid emerging market pressure

[I]  Brussels suspends EU membership talks with Turkey

[I]  South Korea scandal spreads with raids on ‘chaebol’

[I]  Berlin and Paris at odds over EU banking rules

[I]  Fannie and Freddie at risk of large writedowns

[I]  Emerging markets politics cloud investor outlook

 

BLOOMBERG 

[I]  Nigeria’s Money-Changers Are Going Underground

[I]  In Asia Currency-Reserve Checkup, Two Countries Come Out on Top

[I]  Philippine Market in a Funk as Peso Slides to 2008 Crisis Level

[I]  Japan’s CPI Falls Again, Extending Longest Streak Since 2011

[I]  Rupee Sinks to Record as Foreign Funds Dump Indian Assets on Fed

[I]  London Property Prices Falling Faster Than You Think, NAMA Warns

[I]  Singapore Braces for Globalization Backlash as Trade Fears Grow

[I]  The Bank of Japan Can't Keep Stores From Cutting Prices

[I]  Raising Wages in Japan Is Making Part-Timers Work Less

[I]  Singapore Third-Quarter GDP Shrinks Less Than Government Estimated

 

BUSINESS LINE

[I]  As credit flow slows, farmers fear losses this rabi season

[I]  I-T law may be amended to formalise penalty

[I]  Window shut on currency swap; old Rs. 500 notes can be used till Dec 15

[I]  CA institute recommends joint audits for large companies

[I]  Jaitley to bank chiefs: push digital banking on mission mode

[I]  Safeguard duty imposed on select steel products

 

ECONOMIC TIMES

[I]  NHAI requires Rs 71,911 crore for highway projects

[I]  Note ban to stop black money, benefit all: Govt to SC

[I]  No, EM bonds are still not cheap enough

[I]  Yield on 10-year bonds continue to ease amid rate cut hopes

[I]  ​Most firms spend 70% CSR fund on education: Nasscom Foundation

[I]  Private equity investments down 23% to $10 billion in January-October: Grant Thornton

[I]  Finance Ministry, Railways working on ways to cut logistics cost for exports

[I]  India second unequal country in the world: Wealth Report

[I]  Chief Financial Officers optimism running high on business environment: Report

[I]  Demonetisation to significantly disrupt economic activity: Moody's

[I]  Govt issues 18 lakh Labour Identification Numbers

 

BUSINESS STANDARD

[I]  Unaccounted bank deposits to attract 60% income tax

[I]  Rupee touches record low as dollar flow dries up

[I]  End of season sales may start early this year

[I]  Pass new law or amend RBI Act to enjoy fruits of currency swap

[I]  Note ban creates ripples in global bullion market

[I]  Modi's demonetisation stunner to cost Rs 1.28 lakh cr: CMIE

[I]  Economists say external and internal factors to blame for rupee fall

 

 

Best Regards, ARBIND