MACRO ECONOMIC NEWS

Macro Economic News 06 May 2017

 

FINANCIAL TIMES

[I]  US jobless rate falls to lowest level in 10 years

[I]  Trump effect impinges on South Korea election

[I]  Fall in crude casts shadow over strong oil earnings

[I]  Trump visa crackdown spurs tech moves to Mexico

[I]  Egypt’s loan terms put poor on the bread line

[I]  Yellen warns gender inequality is holding back US

[I]  Russia: Syria ‘de-escalation zones’ to go into force

[I]  Czech PM makes U-turn on pledge to resign

[I]  May’s rift with Brussels boosts her appeal at home

[I]  Former presidents warn crisis deepening in S Africa

[I]  Investors plough money back into Europe

 

BLOOMBERG 

[I]  Ivory Coast, Ghana Seek Joint Cocoa Strategy to Counter Slump

[I]  Mexico Flies to Argentina as Trump Stirs Nafta Uncertainty

[I]  India Empowers RBI to Resolve World's Worst Bad Debt Problem

[I]  Suddenly, Oil Below $40 a Barrel Doesn't Seem So Far-Fetched

[I]  OPEC Runs Out of Options as Bid to Boost Oil Price Fizzles

[I]  Hong Kong Retail Sales Rise for First Time in Two Years

[I]  Fed-Up Advertisers Stop Paying More for Smaller TV Audiences

[I]  U.S. Job Gains Rebound; Unemployment Falls to Pre-Crisis Low

[I]  Australia to Ban Gambling Ads From TV, Radio, Internet During Daytime Live Sports

[I]  Solid U.S. Job Market May Be Undercutting Trump's Tax-Cut Case

[I]  Labor Slack's Vanishing Act Signals U.S. Wage Gains Coming Soon

[I]  Never Mind the Chewing Gum, Singapore Is a Global Trade Colossus

[I]  London Property Scares Off Investors and Prices Out Locals

 

BUSINESS LINE

[I]  Govt sees ordinance as a weapon to end banks’ paralysis over bad loans

[I]  RBI cracks the whip for faster resolution of NPAs

[I]  India redrawing BBIN transport plan after Bhutan withdrawal

[I]  Beginning the long walk to gender equality

[I]  Govt announces second round of wind auction

[I]  New policy will make steel pricier: engineering goods exporters

[I]  Even in this age of automation, ‘vehicle design will be driven by personalisation’

[I]  CBDT issues draft rules for valuation of unquoted shares

[I]  ‘Globally, acreage under GM crops at a new high of 185.1 m hectares’

[I]  70% chance of El Nino effect on South-West monsoon : WRMS

 

ECONOMIC TIMES

[I]  Govt may replenish its wheat stocks

[I]  India's forex reserves hit record high at $372.7 billion

[I]  Rupee rise shows economic power, govt not targeting level: Das

[I]  Asian currencies subdued after rout in commodities

[I]  India to revamp foreign trade policy to give leg up to exports

[I]  South India likely to get normal to excess rain: Weather Risk Management

[I]  India, Philippines to lead Asian growth as workforces rise

[I]  Logistics summit sees Rs 2 lakh crore investment pacts: Nitin Gadkari

[I]  RBI given more powers to tackle NPAs, says Arun Jaitley

[I]  High NPAs impeding growth of factoring business: RBI official

[I]  RBI gets nod to embark on India's biggest banking clean-up: 4 things you should know

[I]  Bad loans ordinance empowers RBI to instruct banks for resolution of stressed assets

 

BUSINESS STANDARD

[I]  Commodity price slump triggers investor caution

[I]  No-fly list: Govt proposes maximum 2-year ban on unruly flyers

[I]  RBI cracks whip on banks not game for asset recast

[I]  Govt, RBI get cracking on bad loan problem

[I]  OMCs to invest nearly Rs 30,000 cr in LPG infrastructure in next 3 years

[I]  Chinese envoy proposes 'Treaty of Good Neighbourliness' with India

[I]  E-commerce focus may threaten India's interests at WTO

[I]  Non-performing assets in steel will disappear: Union steel secretary

[I]  Govt appoints MDs, CEOs of seven public sector banks

[I]  EU proposal targets London finance

 

 

Best Regards, ARBIND

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