financializer news A weblog highlighting financial topics making news in the international media.

offering details: He said should talks further progress, he and counterpart Xi Jinping could meet at his Mar-a-Lago resort to conclude an agreement, without offering details on timing or a fresh deadline, according to Xinhua China. In response, Asia stocks kicked off the last week of February on a positive note, extending a rally into a sixth day for the longest winning streak in a year, with Chinese stocks leading the way. President Donald Trump said in a Twitter posting Sunday evening he'll extend the deadline to raise tariffs on Chinese goods past March 1 as substantial progress has been made in the latest round of trade talks that just wrapped up in Washington. That's about 585 billion in value gained on Asia's regional benchmark, pushing its market cap to almost 18 trillion. The high-frequency engagement between Beijing and Washington at a senior level implies that both sides are looking for some form of settlement, Tai Hui, chief market strategist for Asia Pacific with JPMorgan Asset Management, wrote in a note Monday. The CSI 300 Index surged about 6 percent, its biggest gain since August 2015 and entered a bull market, while other key gauges including Japan's and Hong Kong's advanced to a lesser degree. (news.financializer.com). As reported in the news.

book: The opinions expressed in this commentary are hers, according to CNN. View more opinion on CNN. She is at work on a book about how women are conditioned to compete with one another and what to do about it. (news.financializer.com). As reported in the news.

p gspc: The Dow DJI rose 0.23%, or 60.14 points, while the Nasdaq IXIC rose 0.36%, or 26.92 points, according to Xinhua China. The three major indices pared gains at the close after earlier setting new 2019 intraday highs. The S&P 500 GSPC rose 0.12%, or 3.44 points, as of market close. The S&P 500 rallied as high as to 2,813.49 points, while the Dow touched 26,241.42. The Nasdaq's intraday high of 7,602.69 was the highest since October 18. Both were the highest levels for the indices since November 8. (news.financializer.com). As reported in the news.

photo british: Labour leader Jeremy Corbyn planned to tell Labour lawmakers on Monday that the party is committed to supporting an amendment in favour of a public vote, according to The Toronto Star. Aaron Chown/PA via The Associated Press file photo British Prime Minister Theresa May makes her way to a media conference at the conclusion of an EU-Arab League summit at the Sharm El Sheikh convention center in Sharm El Sheikh, Egypt, Monday, Feb. 25, 2019. With May and the EU at odds over not just how, but when Brexit should happen, her political opponents were getting increasingly desperate to take control of Britain's muddled departure from the bloc. British Prime Minister Theresa May stays convinced that March 29 remains a realistic Brexit date, despite the EU urging Britain to delay its departure from the bloc to avoid a chaotic rupture. Leaders from European Union and Arab League countries are holding their first-ever summit, meeting in the Egyptian resort city of Sharm el-Sheikh to discuss migration, security and business deals. Francisco Seco / AP Photo British Prime Minister Theresa May, center, speaks with Luxembourg's Prime Minister Xavier Bettel, left, and Dutch Prime Minister Mark Rutte, right, during a meeting of leaders at an EU-Arab summit at the Sharm El Sheikh convention center in Sharm El Sheikh, Egypt, Sunday, Feb. 24, 2019. (news.financializer.com). As reported in the news.

tasks: To keep us sane, we're project managing the living daylights out of our moving tasks, which include such items as getting the utilities switched over, addresses changed, money transferred between our accounts, parting with hundreds of thousands of dollars for the down payment the joys of living in the GTA confirming movers, applying for parking permits, and so on, according to The Toronto Star. Did you know you can save money while moving by getting boxes from a liquor or grocery store Monkey Business Images / Dreamstime Needless to say, we're feeling the pressure. Though it's hectic, the joy of finally having a larger home, and never having to wake up to the sound of our neighbours sneezing at night, keeps us motivated. To alleviate some of it, we've decided to apply some serious frugal tightwad-ery to our moving costs, which will save us a whopping 3,000. Purge before you pack Most moving companies will charge you based on the amount of stuff you need to bring in the truck. If you're moving soon, try some of these tactics. (news.financializer.com). As reported in the news.

european countries: Instead, they are cautiously taking a relatively balanced view based on their own interests, according to Global Times China. The UK is part of the intelligence-sharing group known as Five Eyes, and its approach on the issue is likely to set an example for other European countries to address security concerns involving Huawei and to purchase Huawei's 5G equipment. Some Western media have said that this shows the UK and other European countries haven't followed the US on the so-called outright ban on Huawei's 5G equipment. Why are Western countries so wary of a Chinese private company One thing to consider is that 5G is of too much importance. Why are European countries cautious toward the ban on Huawei's 5G equipment Because Huawei has been working with them for some time. As the world is entering the 5G era, Huawei is a global leader in 5G. If we can say that 4G has changed people's lifestyles, then 5G will likely be able to weigh heavily on the state of a country and society. (news.financializer.com). As reported in the news.

abilities building: The Confucius Institute will remain a key government policy, a document on modernizing China's education system issued late on Saturday by the party's Central Committee and the Cabinet showed, according to The Japan Times. Optimize the regional distribution of the Confucius Institute, strengthen its abilities and building, and fully raise its educational standards, they said in the statement, released by the official Xinhua News Agency late on Saturday. In 2004, China began setting up the government-run bodies, whose stated mission is to satisfy soaring global demand to learn Chinese. ; But they have drawn criticism, especially in the United States, for being little more than a propaganda arm of the ruling Communist Party, assertions denied by both the institutes and the government. Strengthen work on the teaching of Chinese internationally, they added, without giving details. Some U.S. legislators, including Florida Sen. Such broad statements are typically followed weeks or even months later by more detailed policy documents that focus on implementation. (news.financializer.com). As reported in the news.

work: I know what a sweet deal this is and I know how very lucky we are, according to Market Watch. We are both working pretty much full time, so it's not a vacation. I go with him because I work online and can take my work wherever I go. Naturally, he is on a per diem and we definitely don't stay anywhere fancy, but we do have housekeeping services where we stay. I have counted 7 different housekeepers during the time I've been here. I make the bed and clean up everyday, but they bring in fresh towels, coffee and empty the garbage everyday, and change the sheets once a week. (news.financializer.com). As reported in the news.

job creation: In the future, economic activity is likely to follow data, the widely expected draft policy document said, according to The Japan Times. It is hence vital that we retain control of data to ensure job creation within India. The proposed overhaul, which would likely increase operating costs for the sector, comes two months after the country modified regulations governing foreign direct investment in e-commerce. ; That forced retail giants Amazon and Walmart-owned Flipkart to restructure their Indian operations, and the latest reforms spell further upheaval. The new rules call for the housing of more data centers and server farms locally, amid a broader push for data localization by the South Asian nation, which is one of the world's fastest-growing online markets. Steps will be taken to develop capacity for data storage in India, the draft e-commerce rules said. India's central bank in 2018 forced payments providers such as Mastercard and Visa Inc to store Indian users' data locally. (news.financializer.com). As reported in the news.

lisa lawler: Then, a month after he moved out in 2006, she learned he had embezzled 2.5 million from the health-care company he worked for in Massachusetts, according to Market Watch. I got a call from him saying, You have to get home immediately,' Lawler says. Lisa Lawler, 61, thought her husband's affair was the final nail in the coffin for ending her 26-year marriage. I was afraid something happened to our son. I said, You're crazy.' It was surreal. She raced home and he sat her down to reveal the news. (news.financializer.com). As reported in the news.

polling stations: Voting took place on Saturday, with some polling stations staying open on Sunday and results not expected for several more days. ; A credible and relatively calm poll would open a new chapter in the checkered political history of Nigeria, where nearly six decades of independence have been tarnished by military coups, endemic corruption and secessionist movements, according to The Japan Times. The death toll during and after the last election in 2015 was around 100 people, according to the International Crisis Group. The number of deaths reported by Sunday was below the final death tolls in previous elections in Africa's most populous country, but in the past most unrest has taken place after results were announced. Four years before that, in the religiously mixed northern city of Kaduna, 800 people were killed in election violence. A spreadsheet provided by SBM Intelligence showed that in one incident, seven people were killed in a shoot-out between Nigerian army troops and a gang in Abonnema, around 14 km 9 miles west of the main oil industry city of Port Harcourt in the oil hub of Rivers state. The Situation Room which represents more than 70 civil society groups gave Sunday's figure of 39 deaths, citing data from Lagos-based consultancy SBM Intelligence. (news.financializer.com). As reported in the news.

railway bonds: At the end of last year, the National Development and Reform Commission NDRC the country's planning agency, approved a railway construction plan in East China's Jiangsu Province with a total investment of about 218 billion yuan for the project that will begin this year, according to the official website of the NDRC. According to the NDRC, China plans to start construction of 26 railway projects and another 19 reserve projects this year, according to Global Times China. The total amount of railway bonds issued in 2018 was 240 billion yuan, accounting for about 30 percent of the annual railway investment, according to data provider Wind, the report said. The report added that national railway investment in 2019 is expected to exceed 800 billion yuan, a record high. The national railway fixed asset investment stood at 802.8 billion yuan in 2018, higher than the 732 billion yuan planned. The report said that aside from railway construction investment, the NDRC has approved a series of projects such as urban rail and airport construction with total investment of more than 1.2 trillion yuan since the fourth quarter of 2018. It was the fourth consecutive year since 2015 in which fixed asset investment breached 800 billion yuan. (news.financializer.com). As reported in the news.

support families: Putin would not yield to the West and will respond to US withdrawal from the Intermediate-Range Nuclear Forces INF Treaty, according to Global Times China. The address shows Putin's resolve to defend Russia's sovereignty and security. Though Putin's speech was largely devoted to fighting Russia's economic woes, an emphasis on shoring up military might was visible with the Russian leader projecting a hard-line military stance. First, Putin came out with measures to tackle demographic challenges. He noted Russia has come up with a package of measures to support families and declared that the tax burden on families needs to be relieved. Russia has entered an extremely challenging period in terms of demographics, he said. (news.financializer.com). As reported in the news.

u.k .,: U.S. wealth concentration seems to have returned to levels last seen during the Roaring Twenties, wrote Gabriel Zucman, an economics professor at the University of California, Berkeley, according to Market Watch. Zucman said all the research on the issue also points to large wealth concentrations in China and Russia in recent decades. New research says America's ultra-rich haven't held as much of the country's wealth since the Jazz Age, those freewheeling times before the country's finances shattered. The same thing is happening in France and the U.K., but at a more moderate rise, the paper said. Those rates plunged in the early 1930s and continued dropping to below 10% in the late 1970s, findings show. In 1929 before Wall Street's crash unleashed the Great Depression the top 0.1% richest adults' share of total household wealth was close to 25%, according to Zucman's paper, which was distributed by the National Bureau of Economic Research. (news.financializer.com). As reported in the news.

carolyn taylor: Kris Siddiqi, Carolyn Taylor, Aurora Browne, Michael O'Connell and Karri North were forced to leave their home at 795 College St. after the landlord said it wanted to renovate, according to The Toronto Star. The Landlord and Tenant Board has since ruled the eviction was in bad faith. The landlord for a lowrise, eight-unit rental building at 795 College St. showed a blatant disregard for the Residential Tenancies Act RTA when it evicted five tenants from three units for renovations, ignored their requests to return, then put those new units up for rent, the Landlord and Tenant board ruled earlier this month. Andrew Francis Wallace / Toronto Star But the landlord, a company called 795 College Inc., is profiting enormously from flouting the law, wrote board adjudicator Dale Whitmore in a Feb 7. decision. Under the law, landlords must issue tenants an N13 notice, which comes with a written promise that if tenants want back in once work is done they must inform the landlord and will not face increases beyond what they would if they stayed in their homes. It was the board that ordered the original College St. tenants out, after the landlord asked to use a piece of rental housing law that allows landlords to evict tenants during renovations, a process advocates have called renovictions. (news.financializer.com). As reported in the news.

care facilities: The celebrity cook has been advocating to improve the food served up in aged care facilities for the past decade, according to Nine News Australia. Beer spoke exclusively to 9News. has the right to good food every day but none more than those who have lost the chance to cook for themselves, Beer told 9News. To improve your experience update it Maggie Beer's mission for better food in nursing homes By Emily Rice Medical Reporter7 18pm Feb 24, in a nursing home is becoming a more appetising idea thanks to famous foodie Maggie Beer. Now Minister for Senior Australians Ken Wyatt is putting his money where his mouth is; the MP is providing the Maggie Beer Foundation with a 500,000 grant to help fund new training program for kitchen workers in the aged care sector. There just hasn't been training for this very complex issue. Sometimes a cook or chef will be doing 18 different diets in the one kitchen, Beer said. (news.financializer.com). As reported in the news.

people: For this to happen, one quarter of the eligible electorate or around 290,000 people had to vote for one of the three options for or against relocation or a third choice of neither, according to Asahi Shimbun. In any case, the vote is non-binding on the central government and turnout appeared to be hovering around 50%, raising questions about what effect the referendum will have. It was not immediately clear whether sufficient numbers of opponents had turned out to meet the threshold required for Okinawa Governor Denny Tamaki to respect the result of the symbolic referendum. The central government of Prime Minister Shinzo Abe has vowed to press on with moving the base and the relocation is also backed by Washington. It was initially planned as a yes-no vote, but a neither option was added after several cities with close ties to the central government threatened to boycott the vote. The ballot asked residents whether they supported a plan to reclaim land at a remote coastal site for the relocation of the Futenma base from its current location in a heavily populated part of Okinawa. (news.financializer.com). As reported in the news.

afternoon trade: Kraft Heinz's stock KHC, -27.46% plummeted 28.0% toward a record low in active afternoon trade, enough to make it the worst performer in the consumer staples sector XLP, -0.48% and the S&P 500 index, according to Market Watch. SPX, 0.64% That would be the stock's biggest ever one-day decline, by far, since the company was spun out of what is now Mondelez International Inc. And that's also bad news for Berkshire Hathaway investors. MDLZ, -1.43% in 2012. Read more about Kraft Heinz's Q4 results, and Q3 results. The company had reported last Thursday fourth-quarter earnings and revenue that missed expectations and cut its dividend by 36%. If that's not bad enough, it received a subpoena from the Securities and Exchange Commission, resulting from an investigation into the company's accounting. (news.financializer.com). As reported in the news.

alibaba platform: Talks about Chinese Internet companies laying off workers were spreading on social media platforms recently, followed by a number of Internet firms announcing plans to cut payrolls, according to Global Times China. This year we will not lay off employees, but will greatly utilize the Alibaba platform to stimulate consumption and generate more orders for the manufacturing and services sectors instead, Alibaba quoted Zhang's remarks at the meeting, in a statement Friday. Alibaba will continue to recruit new staff, ramp up training programs and utilize more platform resources to help create more jobs, Alibaba's CEO Daniel Zhang told an internal meeting Thursday. One of the biggest values of online platforms is to create jobs, Zhang stressed. By the end of 2018, the total staff number of Alibaba Group and its financial services affiliate Ant Financial exceeded 100,000 for the first time. Alibaba said a number of new occupations, like trainers for AI customer service staff, engineers for its cloud computing business and shopping guides for its new retail business, have emerged on the platform. (news.financializer.com). As reported in the news.

brexit faction: They warn Brexit backers the project will be delayed unless a deal is worked out, according to The Japan Times. The three Work and Pensions Secretary Amber Rudd, Business Secretary Greg Clark and Justice Secretary David Gauke say they want a deal to be reached in the coming days but are worried about opposition from other lawmakers. Their comments represent a serious Cabinet split ahead of a key week in Parliament and are seen as a warning to the hard-line Brexit faction in the Conservative Party. ; The ministers wrote in a Daily Mail article published Saturday that Parliament will move to stop a disastrous no-deal Brexit unless there is a breakthrough very soon. Too many of our parliamentary colleagues appear complacent about the consequences of leaving the EU without a deal, the trio said. Costs will increase, businesses that rely on just-in-time supply chains will be severely disrupted, and investment will be discouraged. Our economy will be damaged severely both in the short and long term. (news.financializer.com). As reported in the news.

american airlines: They could also be on planes used by other carriers, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. American Airlines, United Airlines and Singapore Airlines have new seat-back entertainment systems that include cameras. You can form your own view. Subscribe now Companies that make the entertainment systems are fitting them with cameras to offer passengers options such as seat-to-seat video conferencing, according to an American Airlines spokesman. From 15p 0.18 0.18 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

company executives: Zillow, which has seen its stock gradually lose nearly half its value since it launched the service in the second quarter of 2018, also announced a shuffling of jobs among its three co-founders, with CEO Spencer Rascoff stepping down and joining the board, replaced by co-founder Rich Barton, according to Market Watch. Shares of Zillow initially tumbled in after-hours trading on the news, but after company executives predicted that Zillow Offers could add 20 billion in annual revenue over the next three to five years on a conference call with investors, its shares bounced back and jumped about 6%. Shares continued that trajectory Friday morning, opening more than 8% higher and then spiking to gains of more than 20% in morning trading as short-seller Citron Research tweeted positively on the stock. On Thursday, Zillow ZG, 24.67% said as part of its fourth-quarter results that it would be making more investments in its Zillow Offers service, which lets consumers easily sell their homes to the Seattle-based company. If those gains hold, it would be the best trading day in Zillow's history The previous top single-day percentage gain was a 15.3% advance on July 24, 2014. Another comparison that could be made is that real estate, like content, can be very expensive in some markets. Zillow likened its big shift in strategy to Netflix's embrace of streaming video, when years ago it predicted streaming would eventually surpass its DVD rental business in revenue. (news.financializer.com). As reported in the news.

conditions neighborhoods: The base assumption of the segment is that Tokyo is much more expensive than wherever the subject is coming from, and the parameters are always the same The newcomer sets a maximum monthly rental target, indicates preferred conditions and neighborhoods, and then visits realtors to secure a place to live, according to The Japan Times. In many cases, these women are not students. As the title indicates, the subject is young women and one of the regular segments, Jokyo Girl, highlights a young woman moving to Tokyo to find an apartment. They have already found jobs or want to fulfill some sort of dream in the big city. ; As anyone who has lived in Tokyo on a budget knows, finding apartments can be frustrating, but for the most part the women on Shiawase! Bonbi Girl do not get flustered despite being presented with residences that are cramped, dark and lacking in amenities many would take for granted. As renters, they understand they are in no position to complain about what's available. The idea that you have to put up with such limitations when you're young is built into the show's DNA, and the subjects go through the motions of inspecting apartments and pondering their options without a trace of disappointment. (news.financializer.com). As reported in the news.

xi: The country should keep a fine balance between maintaining growth and forestalling risks and deal with risks in key areas in a targeted and effective manner, he said, adding that China should deepen opening-up of the financial sector, according to Global Times China. Xie Duo, Party secretary and chairman of Silk Road Fund Co., Ltd, briefed on the issue and made suggestions. Xi made the remarks when presiding over a group study session of the CPC Central Committee Political Bureau Friday afternoon. Xi pointed out that finance is a core competitiveness of a country, financial security is an important part of national security and the financial system is a major fundamental system in the process of economic and social development. The country should push for high-quality development of the sector with a focus on improving financial services and forestalling financial risks, he added. While historic achievements have been accomplished in the financial sector since reform and opening-up, the market structure, operation philosophy, innovation capability and the level of service of the sector have yet to meet the requirements for the country's high-quality economic development, Xi said. (news.financializer.com). As reported in the news.

american securities: Com AMZN Shares Declined, New England Investment & Retirement Group Has Lifted Stake; United American Securities Holding in Southwest Airls Co Com LUV Trimmed as Share Value Declined Posted by Derek Brandon on February 23, 2019 at 6 38 pm United American Securities Inc decreased its stake in Southwest Airls Co Com LUV by 10.71% based on its latest 2018Q3 regulatory filing with the SEC. United American Securities Inc sold 13,360 shares as the company's stock declined 18.19% with the market, according to MSNBC. The institutional investor held 111,367 shares of the air freight and delivery services company at the end of 2018Q3, valued at 6.96M, down from 124,727 at the end of the previous reported quarter. Com AMZN Shares Declined, New England Investment & Retirement Group Has Lifted Stake; United American Securities Holding in Southwest Airls Co Com LUV Trimmed as Share Value Declined Lives Advice window. wpemoji Settings ver 5.0.3 ; d a,b var e k.to DataURL ;return d e function e a var b;if !l 32px f a var g.concatemoji img.wp-smiley, img.emoji display inline !important; border none !important; box-shadow none !important; height 1em !important; width 1em !important; margin 0 .07em !important; vertical-align -0.1em !important; background none !important; padding 0 !important; if ! https document.location .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, .post author, ul.dropdown li ul background fff; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, ul.dropdown li ul border-color FFF; a display inline !important;padding 0 !important;margin 0 !important; header search float right; logo margin 0 0 0px; padding-top 10px; padding-bottom 10px; .post h1.title text-align center; columns margin 0px 0 0px; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, ul.dropdown li ul text-align center; border-top 0px; .hr border-top 0px solid EEE; footer .widget-area padding 0 0 0px; margin 0 0px; border-bottom 0px solid ececec; ul.dropdown .current page item a, ul.dropdown .current-cat a, ul.dropdown .current-menu-parent a, ul.dropdown .current page item a, ul.dropdown .current-cat a, ul.dropdown .current-menu-item a color 154A7F; footer background-color fff; text-align center; USOur Team Contact As Amazon. United American Securities Inc who had been investing in Southwest Airls Co Com for a number of months, seems to be less bullish one the 29.64B market cap company. About 4.57M shares traded. The stock decreased 1.27% or 0.69 during the last trading session, reaching 53.62. (news.financializer.com). As reported in the news.

hathaway: Buffett's Berkshire Hathaway is an investor in the Chinese electric car maker BYD Co, according to The Guardian. Trump has targeted China with tariffs and regular criticism. Kraft Heinz share plunge loses Warren Buffett 4bn in one day Read more Buffett, who supported Hillary Clinton in 2016, wrote that it is beyond arrogance for American businesses or individuals to boast that they have done it alone'. He also makes a possible criticism of the president's trumpeting of US economic performance relative to, or at the expense of, other countries. The US, Buffett wrote, should rejoice when other countries have bright futures. At Berkshire, we hope to invest significant sums across borders. Americans will be both more prosperous and safer if all nations thrive, he wrote. (news.financializer.com). As reported in the news.