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

cac px: How did markets perform The Euro Stoxx 600 SXXP, -0.06% rose 0.8% to 385.16, versus Monday's close of 382.11, according to Market Watch. The U.K.'s FTSE 100 UKX, 0.41% rose to 7,344.37, 0.6% above Monday's close at 7299.19. Banks and autos were the best-performing sectors. In Germany, the DAX DAX, -1.17% was the biggest gainer among the regional indexes at 11,822.91, jumping 1.4% to Monday's close of 11,657.06. France's CAC 40 PX1, 0.15% was briefly in the red, though just barely, before recovering to 5,441.20. After a spate of Brexit news-induced volatility Monday, the pound GBPUSD, -0.2122% was flat at 1.3256 from 1.3254. (news.financializer.com). As reported in the news.

director: Always maintaining a bicontinental existence, he went from the Los Angeles Opera to the Orchestre Symphonique de Montr al, where he will have served as music director from 2006 until 2020, according to Deutsche Welle. DW caught up with the jet-setting maestro during his final European tour with the musicians from Canada from March 11-25. Having occupied important positions in Berlin and Munich, Nagano is now the general music director at the Staatsoper opera house in Hamburg. Deutsche Welle After nearly two decades of working with the Montreal Symphony and13 years as music director, what have you accomplished with them, and what stands out most in your memory Having such a long relationship is really a privilege because some things can only develop with time and substantial depth. We're still discovering things about each other and are still inspiring each other. Yet our relationship today remains as fresh as it was nearly 20 years ago. (news.financializer.com). As reported in the news.

internet forum: This incident highlights the importance of industry cooperation regarding the range of terrorists and violent extremists operating online, said the Global Internet Forum to Counter Terrorism GIFCT which includes Facebook Inc., Alphabet Inc.'s Google and Twitter Inc, according to The Japan Times. The gunman who attacked the two mosques in New Zealand live-streamed the attacks on Facebook for 17 minutes using an app designed for extreme sports enthusiasts. While it was not the first internet broadcast of a violent crime, the livestream of the massacre showed that stopping gory footage from spreading online persists as a major challenge for technology companies despite years of investment. ; Last Friday, social media users intent on sharing the mosque shooting video were said to have used several methods to create new versions with digital fingerprints that differed from that of the original, so as to evade companies' detection systems. Copies were still being shared on social media hours later. New Zealand Prime Minister Jacinda Ardern has said she wants to discuss live streaming with Facebook, and some of the country's firms are considering whether to pull advertising from social media. Late on Saturday, Facebook, the world's largest social media network with around 2.3 billion monthly users around the world, said it had removed 1.5 million videos within 24 hours after the Christchurch attack. (news.financializer.com). As reported in the news.

market share: The company is currently No. 3 in Egypt and second in the Gulf. ; We want to double our industrial footprint in the Middle East, Africa and India by 2022, said Peyman, adding that Nissan is looking to boost its production facilities in the region to more than six, according to The Japan Times. It presently has three factories in Egypt, India and South Africa, and wants to add one in Pakistan and another in Algeria. The carmaker plans to increase its market share to more than 20 percent by 2022 in the Gulf and in Egypt, from 16 percent and 15 percent, respectively, Peyman Kargar, chairman of Nissan in Africa, the Middle East and India, said in an interview. Others would come later, he said. The automaker has invested 200 million in the country since it began operating there in 2005, he said. Egypt, with a population of around 100 million, is considered a strategic market for Nissan, according to Peyman. (news.financializer.com). As reported in the news.

nicholas colas: They found that equities have tended to rally into and through meetings of the Fed's rate-setting Federal Open Market Committee, according to Market Watch. Tuesday is Day 1 of the Fed Drift sequence, and in an evermore algorithmic world that's important to know, Colas wrote, referring to pattern-based trading programs. In a note, Nicholas Colas, co-founder of Data Trek Research, reminded clients of the phenomenon studied by New York Federal Reserve Bank. Read Here are 3 things to watch when the Fed unveils its latest dot plot The New York Fed researchers, using data running from 1994 to 2011, showed that equities rose, on average, the afternoon of the day before, and then more sharply on the morning of FOMC announcement days. Eastern, equity prices may have fluctuated depending on the details of the announcement, but, on balance, ended above their pre-announcement level and almost 50 basis points above where they opened the day before. After the announcement at 2 15 p.m. (news.financializer.com). As reported in the news.

osaka nagoya: The rise was aided by redevelopment projects and investment in such cities as Sapporo, Sendai, Hiroshima and Fukuoka. ; However, land prices in depopulated areas continued to fall, underlining the polarization of regional land prices in Japan, according to the survey, according to The Japan Times. As of Jan. 1, the average regional land price was unchanged from a year earlier, according to the nationwide survey by the Land, Infrastructure, Transport and Tourism Ministry covering some 26,000 locations. In regions outside the three major metropolitan areas of Tokyo, Osaka and Nagoya, the average price for land across all categories, including commercial, residential and industrial, grew 0.4 percent from a year earlier as of Jan. 1, the annual government survey showed. Regional residential land prices edged up 0.2 percent from a year earlier, marking the first rise in 27 years, while commercial land prices went up 1.0 percent for the second straight year of increase. Among the major regional cities, Fukuoka observed the largest increase in commercial land prices at 12.3 percent, followed by Sendai at 10.7 percent, Sapporo at 8.8 percent and Hiroshima at 5.8 percent. But prices dropped at 48 percent of regionalsurvey spots and remained flat in 19 percent of them as growth was mostly limited to tourist sites and areas with improved access due to redevelopment. (news.financializer.com). As reported in the news.

policy meeting: How did the benchmarks fare The Dow Jones Industrial Average DJIA, -0.55% shed 26.72 points, or 0.1%, to 25,887.38, while the S&P 500 SPX, -0.29% slipped 0.37 point to 2,832.57, according to Market Watch. The Nasdaq Composite Index COMP, 0.07% rose 9.47 points, or 0.1%, to 7,723.95. The Federal Reserve also convened a two-day policy meeting which will conclude Wednesday. What drove the market A Bloomberg News report that China is pushing back against U.S. demands for concessions in bilateral trade talks dampened market sentiment with major indexes coming off intraday highs. However, the The Wall Street Journal also reported that the two countries are in the final stages of negotiations with U.S. Representative Robert Lighthizer and Secretary of Treasury Steven Mnuchin scheduled to fly to Beijing next week. Chinese officials are reportedly indicating that the U.S. has not made sufficient assurances that President Donald Trump's administration will lift tariffs on Chinese goods in exchange for Beijing agreeing to changes in their intellectual property regulations. (news.financializer.com). As reported in the news.

cm knife: Katie Anne Castel has been labelled remorseless for the manslaughter of Jarred Paul Castel in Chapel Hill in Brisbane's inner-west in 2017, according to Nine News Australia. She threw a 20cm knife at him during an argument in their kitchen over him coming home late. To improve your experience update it here News National Qld husband killer in a 'state of grace'By AAP5 51pm Mar 19, 2019Facebook Tweet MailA Brisbane fashion designer who killed her husband by throwing a knife into his heart five days before Christmas has used religion to try and diminish her crime. It lodged in Mr Castel's chest and pierced his heart. Prosecutors said her act was totally disproportionate to the mundane argument. He pulled it out - but the four-centimetre wound proved fatal. (news.financializer.com). As reported in the news.

litre: An extra 10 cents per litre will be added to the cost of Coles Brand and Farmdale fresh two and three litre varieties, according to Nine News Australia. Coles is currently paying dairy processors the highest farm gate milk prices in four years, without passing on the added expense to customers. To improve your experience update it here News National Coles, Aldi supermarkets to increase milk prices to support dairy farmers By 9News Staff7 23am Mar 20, and Aldi supermarkets across Australia will today increase the price of their milk in support of the nation's embattled dairy farmers. However it is clear that many dairy farmers, particularly in New South Wales and Queensland, are struggling as a result of drought, a spokesperson for Coles told 9News in a statement. Customers will see the price of two litres of Coles Brand milk rise 2.20, and three litre Coles Brand milk to 3.30 in most Coles supermarkets; all stores will see the price increase from today over the coming days. Aldi said their decision was made following extensive discussion with key stakeholders in the dairy industry. (news.financializer.com). As reported in the news.

analysis extras: Over the weekend it emerged that he's hatched a plan to address one of its biggest potential stumbling blocks the question of whether people will be willing to do a full shop with M&S. 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, according to The Independent. You can form your own view. That hand is, of course, M&S's 750m joint venture with Ocado, a deal he signed with the aim of getting the company a piece of the fast growing internet/home delivery grocery sector. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. The bits and pieces impression is compounded by the fact that there are only a small number of stores that currently stock the full range Ocado had formerly partnered with Waitrose which didn't present that problem . M&S's plan to address this is to give its grocery business more space at existing outlets while opening new food halls stocking the full range. Subscribe now Read more Is the M&S-Ocado deal an expensive mistake M&S shares slump on Ocado deal but CEO Rowe has made the right move Marks & Spencer and Ocado confirm 750m home delivery deal As currently constituted, M&S Food is a place you might buy lunch, dinner with one of those two courses for a tenner offers or whatever they charge now odds and ends you might need midweek, the occasional treat. (news.financializer.com). As reported in the news.

economy section: 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, according to The Independent. You can form your own view. While airlines including British Airways offered first class as well as economy, business passengers were thought likely to gravitate to Concorde, which BA started flying in 1976. 1977 British Airways introduces an Executive zone on Heathrow-New York 747 flights, comprising a curtained-off area at the front of the economy section for passengers paying full economy fares. 1978 British Airways' director of commercial operations, Gerry Draper, says the business traveller pays a fare up to three times higher than many discount fares but does not receive enough consideration in return . So he introduces an new class called Club on Boeing 747 jets, between first and economy. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. Innovations include free drinks and inflight entertainment. Subscribe now BA promises Full-fare passengers most of whom are business men and women will enjoy exclusive seating areas onboard their flights. (news.financializer.com). As reported in the news.

demote hundreds: The reported changes would demote hundreds of companies from the TSE's first section, investors say. ; The exchange included 2,137 companies as of Friday, double the number in 1990, according to the exchange's parent, Japan Exchange Group Inc, according to The Japan Times. It's good to reduce the number of companies in the TSE's first section, said Kazuyuki Terao, the chief investment officer of Allianz Global Investors' Japanese unit. A TSE advisory panel is expected to compile a report by the end of March after examining public comments on structural reforms for the 5.7 trillion equity market. A lot of investors are using the Topix as a benchmark for their investments and the number of the constituents in the Topix is too many. Kyodo News reported the panel plans to recommend reducing the number of exchanges. The TSE may raise the minimum market-cap requirement to remain listed on the first section to 25 billion from 2 billion, and require that companies disclose filings in English, the Nikkei financial newspaper said Friday. (news.financializer.com). As reported in the news.

firm plans: Kampo is taking a radically different approach compared with conventional ESG investments, he said, according to The Japan Times. In recent years many ESG investors have focused on somewhat superficial criteria, such as the percentage of female managers, the average rate of paid leave taken by employees, or a company's carbon emissions, he said. With total assets of 74.5 trillion 670 billion the life insurer also known as Kampo is one of Japan's biggest institutional investors and a major player in the world's third-largest stock market. ; The firm plans to triple the portion of environmental, social and governance ESG investments in its domestic stock portfolio to around 100 billion over the next couple of fiscal years, starting in April, Chief Investment Officer Atsushi Tachibana said. Kampo tries to identify companies it believes have a technological edge to solve global ESG issues and meet U.N. sustainable development goals SDGs a set of 17 goals and 169 targets aimed at resolving social, economic and environmental problems troubling the world. That's not something you can find in their public disclosure. We look to what extent companies' exposure to businesses or products that will contribute to solving ESG challenges are driving their growth, Tachibana said. (news.financializer.com). As reported in the news.

gr ie: The latest price of 4,050 is just 100 shy of bitcoin's highest value this year, which it hit in February, according to The Independent. The mini-surge comes as cryptocurrency luminaries predict bitcoin will see significant gains in the coming months. Bitcoin has been trading between 3,000 and 4,000 since November 2018, having fallen from a peak of around 20,000 in late 2017. They include the Winklevoss twins, who used their settlement with Facebook to found the Gemini cryptocurrency exchange. You can form your own view. 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. (news.financializer.com). As reported in the news.

points monday: On Friday, the key market gauge rose 163.83 points. ; The Topix, which covers all first-section issues on the Tokyo Stock Exchange, finished 11.05 points, or 0.69 percent, higher at 1,613.68 after gaining 14.34 points Monday, according to The Japan Times. The market surged from the outset on robust purchases of semiconductor-linked issues. The Nikkei 225 average climbed 133.65 points, or 0.62 percent, to end at 21,584.50. This came after the U.S. chip sector led the Wall Street advance on a Chinese media report about substantial progress in U.S.-China trade negotiations, brokers said. Higher Chinese stocks also helped the market extend its winning streak to a second market day, according to Yutaka Miura, senior technical analyst at Mizuho Securities Co. Stocks maintained their strength throughout the day, though they failed to rise further due to selling on a rally, the brokers said. (news.financializer.com). As reported in the news.

otago: Otago University professor of international relations Robert Pattman has said that the shooting rampage which left 49 dead at two mosques in the New Zealand city on Friday appeared to have been carried out with financial and logistical support, according to Nine News Australia. Australian-born Tarrant had been living in Dunedin while he allegedly planned the attack. To improve your experience update it here News National Support for alleged Christchurch gunman came from overseas'By A Current Affair Staff7 48pm Mar 18, Christchurch mosque gunman Brenton Tarrant was plugged into a group operating internationally, according to one expert. Prof Pattman said the choice to attack Christchurch may have been due to logistical support that did not exist in Dunedin. Otago University is also in Dunedin, and caters to more than 20,000 students annually. He described himself apparently as a soldier when he was forced off the road and detained after this dreadful massacre, he told A Current Affair. (news.financializer.com). As reported in the news.

china: Chen Xi, Chief Information Officer of GEIRI North America, affiliated to the State Grid Corporation of China SGCC said the SGCC, the largest electricity utility company in China, boasts advanced electricity technology and abundant experience in construction of power networks in the country, according to Global Times China. The United States has accumulated a lot of experience on power market, high efficiency and the ability of profit-making of utility companies, which can be learned by China in developing a better and more efficient power network in the future, Chen said. Representatives from Microsoft Corporation, the Global Energy Interconnection Research Institute GEIRI North America, and other professionals in energy industry shared their experience and expertise on developing smart energy at a seminar launched by the US-China Green Energy Council in San Jose, California. The seminar held two panels for in-depth discussions on smart energy cooperation between the United States and China, present and future challenges, artificial intelligent AI technology in power development, business development and building smart villages. Panel speakers included Scott Mauvais, director of Microsoft Cities, who talked on AI for sustainability, Zhiwei Wang, president of GEIRI North America, and Professor Tom Kosnik, a partner of FoundersX Ventures, an early stage venture capital firm dedicated to investment in AI and big data. (news.financializer.com). As reported in the news.

carbon emissions: In the last week, the UN Environment assembly announced its finding that, even if the Paris Agreement targets were met, global temperatures would rise by three to five degrees Celsius above pre-industrial levels, according to The Independent. Worse, even if all carbon emissions stopped immediately, the Arctic would be 5 degrees warmer at the end of the century than in the period between 1986 and 2005. It is the most plausible scenario. The Arctic, that Ice Temple of the polar regions as the Norwegian explorer Fridtjof Nansen dubbed it, is particularly sensitive to global heating. This ice will soon disappear, beginning with an ice-free September any year now. As the Cambridge polar researcher Peter Wadhams has shown, the Arctic death spiral is well underway. (news.financializer.com). As reported in the news.

article i: The election was considered particularly important because the Northern Irish prime minister, Terence O'Neill, was seeking endorsement of his policy of moving towards granting civil and political rights to the Catholic minority a policy over which his own unionist party was split, according to The Independent. I had a sense early on that it was already too late for compromise because institutionalised anti-Catholic discrimination had cut too deep for change to come without violence. I remember the campaign well because it was the subject of an article I was producing for a university magazine, the first I ever wrote for any publication. 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. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. You can form your own view. (news.financializer.com). As reported in the news.

e-commerce: Xinjiang's online retail sales totaled 29.7 billion yuan in 2018, a year-on-year growth of 26.1 percent, according to Global Times China. Online retail sales in the region's rural areas rose 44.5 percent from the previous year to nearly 7.2 billion yuan. The volume of online transactions reached about 188.1 billion yuan about 28 billion US dollars last year, according to the regional commerce department. E-commerce has played an increasingly important role in promoting economic growth, alleviating poverty and boosting consumption and employment in Xinjiang, said Zhao Xu with the regional commerce department. In a bid to cultivate more e-commerce talent, the region provided e-commerce training programs for 100,800 people last year. (news.financializer.com). As reported in the news.

telemarketing companies: ZK-Link, a Shenzhen based tech company, was accused of selling automated phone lines that can make roughly 5,000 calls per day to telemarketing companies at the price of 3,000 yuan 447 per set, according to Global Times China. ZK-Link's clients have exceeded 8,000 companies, most of which are telephone marketing companies in real estate, auto, finance, plastic surgery, and education industries. The show which have named brands like Apple and Nike Inc in the past, focused on eight consumption areas such as toys and bags made from medical waste, the health risks of smoking e-cigarettes, and consumer privacy issues. Another tech company Egosai showed that the replicated voice in the call is almost indistinguishable from that of a human. Shenzhen based financial technology firm Samoyed Holding, which filed for a US initial public offering last year, was reported collecting personal information without consumers' knowledge by installing probe boxes in many public places like convenience stores and a shopping mall. To avoid regulations, the companies even provided special methods to hide real phone numbers, which means no evidence is left on the users' phone. (news.financializer.com). As reported in the news.

boeing max: Experts say it is too soon to know what brought down the Boeing 737 MAX 8 on March 10, but aviation authorities worldwide have grounded Boeing's 737 MAXs, as concerns over the plane caused the company's share price to tumble, according to Nine News Australia. A spokesman for the BEA agency said downloading the data from the recorder retrieved from wreckage was expected to take four to five hours. To improve your experience update it here News World Experts study crashed Ethiopian jet voice recorder for answers By AAP4 57am Mar 17, hunting for the cause of the crash of an Ethiopian Airlines plane that killed all 157 people on board have begun studying the cockpit voice recorder, France's air accident investigation agency says. The BEA also issued a photo showing the recorder intact but dented by the impact of the plane's crash into a field minutes after take-off from Addis Ababa. We are making all the necessary efforts to identify the cause of the accident, Ethiopian Minister of Transport Dagmawit Moges told reporters in Addis Ababa. We are waiting for the results. (news.financializer.com). As reported in the news.

campaign: Everyone who picked up -- it was evening, and a few of the calls went to voicemail -- had two things in common They had recently donated 25 or less to Warren's presidential campaign, and they couldn't believe that it was the Massachusetts Democrat on the line, according to CNN. No way. Elizabeth Warren made her way down a list of names displayed on her laptop, dialing one phone number after another on her cellphone. Get out of town, Grace, a graduate student in Alaska, blurted out. My wife is sitting here. Oh my goodness, Matt, an Iowa resident, said with a laugh. (news.financializer.com). As reported in the news.

outcome: But two days later, and there's still no outcome, save for a delay to the divorce, leaving many in the UK feeling like there's no light at the end of the tunnel, according to Nine News Australia. Outside of Europe, however, many countries are not looking to see if Britain will remain in the EU, but rather urging it to hurry up and leave so they can take advantage of new trade and economic opportunities. To improve your experience update it here News World Could the UK look to Australia for how to survive in a post-EU world By Gabrielle Adams1 33pm Mar 16, the world watching on the UK stumbled its way through three consecutive days of debate, votes and politicking this week as it set to agree on the way it would leave the European Union. On Thursday, US President Donald Trump spoke of his keenness to secure a new trade deal with the UK in a post-Brexit world. The potential is unlimited! And Australia feels the same. My Administration looks forward to negotiating a large scale Trade Deal with the United Kingdom, Mr Trump wrote on Twitter. (news.financializer.com). As reported in the news.

government statement: In it he disagreed with a government statement regarding recent protests in the country, according to Deutsche Welle. I think my crime is that during an interview with Deutsche Welle I gave a political opinion which was contrary to the government's opinion, said Zibakalam. A few months before he stood on the stage at the Global Media Forum in Bonn, Zibakalam was arrested after he gave an interview to DW's Persian service. When the government says that the unrest was ordered by enemies of the Islamic Republic of Iran, the government expects that everyone follows suit and repeats that opinion. The government responded by arresting protestors and shutting down the internet. From late December 2017 until January 2018, tens of thousands of Iranians took to the streets to protest Tehran's economic policies, including a recent cut to fuel subsidies and an increase of funding for religious foundations. (news.financializer.com). As reported in the news.

air pollution: Campaigners and politicians fear this could hinder the expansion of the UK's electric fleet, according to The Guardian. Electric vehicles are seen as key to government plans to reduce greenhouse gas emissions and also have a role in cutting air pollution. More than 100 local councils say they have no plans to increase the number of charging points they offer. This week Public Health England called for vastly more electric vehicles to replace petrol and diesel types, to tackle the problem of toxic airin cities. They follow more than a decade of efforts to upgrade the UK's infrastructure to encourage drivers to switch to electric. The findings come from freedom of information requests submitted by the Liberal Democrats, and were shared with the Guardian. (news.financializer.com). As reported in the news.