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

chinese: This marked the fourth consecutive month of net purchase of Chinese bonds by foreign investors, according to Global Times China. Official data showed that Chinese bonds held by international investors surged 46 percent year-on-year by the end of 2018. Overseas institutions' deposits of Chinese bonds in the China Central Depository and Clearing Co totaled 1.51525 trillion yuan 225.5 billion as of the end of March, up 2.785 billion yuan month-on-month. China's yuan-denominated bonds started to be added to the Bloomberg Barclays Global Aggregate Index on April 1. When fully implemented, China will be approximately 6.06 percent of the index, using data as of January 31 this year, according to Steve Berkley, head of indices at Bloomberg. A total of 356 government and policy bank bonds will be added to the index over the next 20 months. (news.financializer.com). As reported in the news.

dem-oreg .,: People are looking to the next quarter and waiting to see what the next big partnership will be, that's what will spark a resumed rally, according to Market Watch. The Strengthening the Tenth Amendment Through Entrusting States Act, or States Act, was introduced by Sens. Cannabis stocks have been resting after a big run-up in the first two months of the year, said Korey Bauer, portfolio manager of the Cannabis Growth Fund CANNX, -0.60% a mutual fund recently launched by Foothill Capital Management. Elizabeth Warren, Dem-Mass. and Cory Gardner, R-Colo. on Thursday, along with Reps. The bill seeks to amend the federal law that continues to ban cannabis to include exemptions for businesses and individuals who comply with state laws. Earl Blumenauer, Dem-Oreg., and Dave Joyce, Rep-Ohio. (news.financializer.com). As reported in the news.

interest rates: And Herman Cain, 73, previously served as a board member at the Kansas City Federal Reserve Bank and is the former CEO of a pizza restaurant chain, according to The Japan Times. Cain, a candidate for the Republican Party's nomination in the 2012 presidential election, suspended his campaign following allegations of sexual misconduct, which he denied. Not only did he again urge the Fed to lower interest rates, but he tapped two unconventional loyalists to fill two empty seats on the Fed board. ; Stephen Moore, 59, is a controversial economist and former Trump campaign adviser. With the 2020 election looming, Trump often praises the health of the U.S. economy but on Friday he said that he wants it to take off like a rocket ship. Trump's moves have alarmed some experts, but he is not alone in thinking the Fed went too far last year; some economists such as Joseph LaVorgna from Natixis think it tightened too much. To make that happen, he urged the Fed to restart its post-financial crisis quantitative easing program of buying bonds to add liquidity to the economy. (news.financializer.com). As reported in the news.

judges power: The prosecutors asked her to meet them for voluntary questioning as an unsworn witness, but the request was turned down, which prompted them to ask judges to question her on their behalf before they open the first hearing on the allegations, public broadcaster NHK reported, according to The Japan Times. Such a request gives judges the power to question on a mandatory basis witnesses who refuse to testify, according to the broadcaster. Tokyo prosecutors are considering questioning Ghosn's wife, Carole, over an allegation that part of the automaker's sales incentive payments to an Omani distributor was channeled to her company for personal use, the sources said. ; Prosecutors suspect that Carole Ghosn's company used the money partly to fund the purchase of a luxurious yacht mainly for their family's use. Prosecutors were not immediately available for comment. I don't think they've done enough. Meanwhile, Carole Ghosn has flown to Paris to appeal to the French government to help her husband and said the government should do more for him, the Financial Times reported on Sunday. (news.financializer.com). As reported in the news.

business: Business SA released a wish list from its 2019-20 pre-budget submissions, according to Nine News Australia. Seventeen priorities were identified. To improve your experience update it here News National Tax incentives on Business SA's wishlist By AAP3 31am Apr 8, Australia's peak employer body is calling on the state government to consider further payroll tax incentives in the June state budget. It includes further funding for the human service sector and implementing a gas efficiency program. It could mean more international businesses either settle here or large Australian companies move or stay here. Business SA's government engagement director Anthony Penney said new companies should be offered further incentives, while those existing be rewarded for remaining headquartered in SA. This would be a symbolic step away from picking economic winners, by showing South Australia is a genuinely competitive place to do business, Mr Penney said. (news.financializer.com). As reported in the news.

climate: Barbara Lee Promotes AOC's 12-Year Climate Change Doomsday Scenario Mark Lennihan / AP, Aaron P. Bernstein/Getty ImagesPENNY STARR7 Apr 2019 Freshman Congresswoman Rep, according to MSNBC. Alexandria Ocasio-Cortez D-NY spoke about her radical Green New Deal resolution on MSNBC recently, claiming the world has 12 years to push back against climate change or hundreds of millions of lives will be in peril, and one lawmaker tweeted to promote her ideology. Alexandria Ocasio-Cortez's D-NY signature '12 years until climate change' doomsday Barbara Lee Promotes AOC u2019s 12-Year Climate Change Doomsday Scenario var BB G in i m o&& string typeof o.cookie BB10 Android Silk Kindle Opera Mini Mobi webOS iP hone od ipad playbook i,ads / www e s, scsta g e n,h e n,h A A e n,h B B C e f,h e f,h A A e f,h B B C 0 u%2 .mobileP .mobile d.width d.height and orientation portrait 0! Cookies.set Cookies.set Bf2e 1 0 expires e 1 new Date new gmx fb show ad e var gmx fb show ad %s !!! %se,o.id ;var HAS ALREADY o new 0px 550px t new e function var e;e t.target,void 0px 3000px r e var advertisement banner ad ad ads ;function barbara-lee climate-change 1 0 3 ; var ldf function var GAd %s, %s, %s e,o,n ;var r&&console.warn GAd %s %d MISSED TOTALLY yo %s %d r %sn,a ned d e,o,n,d,a var %s, %s, 0 a IS BACKFILL! slot Render Ended EMPTY!!! %s Slot %s DivID r&&console.error BB slot Render Ended gmxrcss gmxnoh3 -1 n.index Of -R3 slot Render Ended FOUND! %s Slot %s DivID %s Size %sa,o,n,l 1 -1 o.index Of Bf2 0 ISC IS.mobile FOUND! GT.display %s MISS! GT.display %s GMf 0 0 GMf 0 .length Gloop %s FOUND! GT.display %s MISS! GT.display %s GMf 2 0 GMf 2 .length GMf 1 0 GMf 1 .length DFP-rungptgmx4 / Europe Border / Cartel Chronicles Israel / Middle East Africa Asia Latin America All Justice BREITBART / Europe Border / Cartel Chronicles Israel / Middle East Africa Asia Latin America World Trump Shake Up2020 Dems Border Rush Kobach Omar Smears Miller Amazon Book Burning'IRGC Terror Group Rep. AOC is right, we have an expiration date when it comes to climate change, Rep. The UN's newest report gives us 12 years to turn things around before environmental catastrophe. Barbara Lee D-CA tweeted on her campaign Twitter account. (news.financializer.com). As reported in the news.

company: The institutional investor held 5,246 shares of the computer manufacturing company at the end of 2018Q4, valued at 827,000, up from 158 at the end of the previous reported quarter, according to MSNBC. Litman Gregory Asset Management Llc who had been investing in Apple Computer Inc. for a number of months, seems to be bullish on the 928.91 billion market cap company. AAPL by 3220.25% based on its latest 2018Q4 regulatory filing with the SEC. Litman Gregory Asset Management Llc bought 5,088 shares as the company's stock declined 2.81% while stock markets rallied. The stock increased 0.67% or 1.31 during the last trading session, reaching 197. Apple Inc. About 18.53 million shares traded. (news.financializer.com). As reported in the news.

fund women: After activists led a campaign against the 5% VAT on tampons and sanitary towels in 2015, the then chancellor, George Osborne, promised to use the revenue to fund women's health and support charities . Out of the 10 charities chosen to benefit last year, only two were specialist women's organisations and this year there wasonly one, according to The Guardian. The letter, coordinated by the Women's Resource Centre WRC a national umbrella group for the women's sector, says We are concerned that even when women's charities have led bids, or applied in consortia-type arrangements, it is larger generic organisations that have been granted the funding. In an open letter to the Department for Culture, Media and Sport, more than 100 women, including academics and representatives of women's charities, have urged the government to ringfence cash raised from the unpopular levy to be donated to organisations dedicated to women. We are very concerned that the success of some of these bids will cause further damage to the fragile women's charity sector by drawing investment to generic providers. Beneficiaries have included Mind and Crisis UK. The sole women's charity to receive tampon tax cash this year was Southall Black Sisters but that did not stop its director, Pragna Patel, putting her name to the letter. The majority of funding has gone to organisations that are not wholly dedicated to women but are running specific projects aimed at their welfare. (news.financializer.com). As reported in the news.

stock trades: That rationale that even skilled fund managers can't beat the stock-market indices, so there's no reason to pay someone to try, according to Market Watch. Not true, write finance and accounting professors Linda Chen of the University of Idaho, Wei Huang of the College of Saint Benedict & Saint John's University, and George Jiang of Washington State University, after an exhaustive study of nearly 2,000 U.S. mutual funds' stock trades by month from January 1998 to March 2015. An analysis of mutual-fund stock trades over the past two decades has thrown into question the rationale that has sent everybody and her grandmother stampeding into low-cost index funds and exchange traded funds. Instead, their research found substantial evidence that many skilled money managers are adept at picking stocks. And, critically, they are good at picking the stocks that are going to beat earnings expectations ahead of time L arge active trades by mutual funds prior to the month of earnings announcements have significantly positive abnormal returns in the subsequent one-, two- and three-month horizons, they wrote. Mutual fund trades outperform their benchmarks, they wrote. (news.financializer.com). As reported in the news.

ningbo: File photo IC When the major port and industrial hub of Ningbo in East China's Zhejiang Province sold China's first local government bonds to retail investors in March, an amount of 43 million was snapped up in just five hours, according to Global Times China. One buyer was Yan, an accountant from the city, who bought 100,000 yuan 14,900 of the bonds. File photo VCG Inset A man passes by a branch of Bank of Communications. She had been stirred by a call from a local bank to love Ningbo forever by holding Ningbo bonds. China piloted its first local government bonds targeting retail investors in recent weeks at bank outlets in six regions including Beijing and Ningbo, raising a billion dollars. She said she believes the money will be used to improve lives, and the local government will not defraud her. (news.financializer.com). As reported in the news.

overproduction: However, in our opinion, the most important risk Chinese companies now face is overproduction, according to Global Times China. Overproduction happens when a company, driven by capital, produces more than the existing market demand. Of course, they are crucial. The mass overcapacity China has experienced is a typical feature of overproduction. In the past, the country has participated in globalization with its cheap manufacturing costs and production factors. There are historical reasons why China's development has faced this hazard. (news.financializer.com). As reported in the news.

i m: That's inspiring for me today to think about when we put our mind to it, and we worked together like that, anyone can create a new reality, Muenz said, according to The Japan Times. It's ended up being a personally inspirational thing with the new ESG role that I'm in. The government and the people kind of came together and said, We want something different.' It was just phenomenal. You're working with many different stakeholders and trying to create a new reality. It was very evident this was a group of people who really were putting themselves in service of their consumer. Muenz was initially attracted to working with Kao because of the company's focus. (news.financializer.com). As reported in the news.

vehicle-delivery data: Wednesday evening, after the close of both the regular trading and after-hours sessions, Tesla TSLA, -0.64% released its eagerly anticipated first-quarter vehicle-delivery data, and it wasn't pretty, according to Market Watch. Tesla said it delivered 63,000 vehicles in the first quarter, while analysts had been expecting 76,000. Chief Executive Elon Musk faced a federal judge to argue that his tweets have not violated an agreement with U.S. regulators, the company's recent data offered further proof that his words must be taken with a grain of salt. Its stock tumbled about 8% in regular trading Thursday. On Feb. 19, Musk tweeted that Tesla made 0 cars in 2011, but will make around 500k in 2019, a tweet that clearly confused some of his followers, because he clarified later, in another tweet, to say Tesla would make about 500,000 cars, but deliveries were still estimated at about 400,000. The company also reaffirmed its 2019 guidance of 360,000 to 400,000 total vehicle deliveries for the full year. (news.financializer.com). As reported in the news.

spring meetings: World trade growth is at its weakest since 2009, the protectionism that the London summit eschewed has reared its head, and central banks have responded to faltering growth by scaling down plans to raise interest rates, according to The Guardian. All this and more will be on the agenda when the International Monetary Fund and the World Bank hold their spring meetings in Washington this week. A decade on, the global outlook is once again darkening. A looming developing-country debt crisis is a concern to both the World Bank, which now has a new Donald Trump-appointed president in David Malpass, and the IMF. Christine Lagarde, the fund's managing director, has already said her organisation is going to reduce its forecasts for growth when it releases its world economic outlook on Tuesday. Facebook Twitter Pinterest World leaders at the G20 summit in 2009. It has been evident for some time that China's economic growth has been slowing, and it was equally obvious that US activity in the first half of last year was artificially boosted by tax cuts. (news.financializer.com). As reported in the news.

cnn: And this was before the release of the Mueller Report exposed CNN as a fake news network that conned its viewers for more than two years, according to MSNBC. Fake news' not worthy of views The forecast for next quarter and beyond looks even worse for CNN after being exposed for leading its viewers astray. Actually, CNN could not hit the top 22, because the far-left network's highest rated show, Cuomo Tonight, reached number 23 for the first three months of the year with a measly average of just 1.28 million viewers, Breitbart News reported. Since the release of the summary of the report, CNN's ratings have taken an even bigger dive, Breitbart's John Nolte pointed out. Hitting its viewers with continuous waves of fake news, even CNN's biggest names are now unable to pull in a million views. On Monday and Tuesday of last week, Cuomo was still CNN's top-rated show, but he bottomed out with only 973K and 873K total viewers, respectively, and as bad as the first quarter of 2019 was for CNN if these post Mueller Report numbers hold, those three months are gunna look like the good ole days. (news.financializer.com). As reported in the news.

paper gains: If the new investment goes ahead, Monzo will leapfrog rival Revolut as the UK's second most valuable fintech startup, behind small business lender Oak North, according to The Guardian. The new investment also suggests that the 36,000 small investors who took part in the crowdfunding may already be sitting on significant paper gains, with Monzo's popular community forum buzzing with the news. The challengerbank, which has won 1.2 million customers since launch in 2015, is reportedly close to clinching 100m from a new but unnamed American investor just months after raising 20m in a crowdfunding campaign that involved many of its customers. A user identified as a crowdfunding investor on Monzo's community forum said the shares would probably be worth 12-14 minimum now, if the news of an increased valuation is true . At the time of the crowdfunding, the shares were valued at around 7.70, although the shares are not tradable. Lovely news to wake up to on a lazy Sunday! It also prompted speculation over a near-term stock market flotation for Monzo. Another asked How much are Round One investors smiling today User bretonhill, also tagged as a crowdfunding investor, replied Personally, I can tell you a lot. (news.financializer.com). As reported in the news.

process: But the way to solve that is not to put our hands behind our backs and try to fight this battle in 2020, according to CNN. The pushback comes as the crowded Democratic field faces pressure from progressives to take stands to keep special-interest money out of the Democratic nomination process. We agree that money in politics is a problem, said Quentin James, the co-founder of The Collective PAC, a super PAC that has supported African-American candidates. Most of the 2020 candidates have rejected money from corporate PACs, and many have said they do not want single-candidate super PACs engaged in their races. Elizabeth Warren, has gone further, refusing to even attend high-dollar fundraisers. One contender, Massachusetts Sen. (news.financializer.com). As reported in the news.

women: Unbeknownst to a group of 26 Toronto women, their innocent attendance last year at a leadership and empowerment event at a cafe led to their names being connected to a federal project with the stated mission to transition sex workers to a new life, according to The Toronto Star. The women all work in marketing, public relations, consulting and government. A Star investigation reveals the agency's taxpayer-funded project appears to be a sham no prostitutes, no programs. La Passerelle, a Toronto-based Francophone agency, is run by executive director Leonie Tchatat, right, and her husband, Guy Taffo, left, the agency's accountant. She holds a senior marketing job in Toronto. La Passerelle I.D.E. I was so angry to learn that my name was put forward as a prostitute, said one woman, part of the group identified by francophone non-profit La Passerelle I.D.E. to be in danger. (news.financializer.com). As reported in the news.

ceec: Investment between the two sides also expanded, according to Global Times China. Chinese firms have invested over 10 billion dollars in the CEEC, while receiving more than 1.5 billion dollars from them. Bilateral trade reached 82.23 billion US dollars last year, up 21 percent year on year, according to the Ministry of Commerce MOC . China's exports to the CEEC totaled 59.19 billion dollars last year, while imports reached 23.04 billion dollars, up 19.6 percent and 24.6 percent respectively, said MOC spokesperson Gao Feng. Bilateral investment covers sectors including auto parts, chemicals, finance and medicine. China is willing to deepen economic and trade cooperation with the CEEC and further align the Belt and Road Initiative with CEEC national development strategies to seek win-win partnership, Gao said. (news.financializer.com). As reported in the news.

gros: Which way will EU-China relations go What do Europe and European enterprises expect from China How will China's rise affect European integration Before the upcoming EU-China summit scheduled for April 9, Daniel Gros Gros director at the Brussels-based Centre for European Policy Studies, shared his views on these issues with Global Times GT reporter Xu Hailin, according to Global Times China. Does the EU have a unified stance toward China Gros There has been little European unity toward China so far. Meanwhile, China's rise is believed to be worrying Europe. Some progress had been made because the member states now see that 5G is a key technology and Chinese state-owned enterprises might dominate key sectors. What will be the prospects of BRI in Europe Gros BRI has become an important topic in the EU mainly because of strategic Chinese investment in infrastructure ports, for example and because in the 16 1 group there are a number of EU member countries. However, it is unlikely that the EU will ever find a cohesive policy toward China because member states prefer to keep foreign policy to themselves. (news.financializer.com). As reported in the news.

equity outflows: Caption outside of wrapper for normal article images This has been a huge question for us How this is possible Jared Woodward investment strategist at Bank of America Merrill Lynch told Market Watch, according to Market Watch. He said although it isn't unprecedented for equity fund flows to be negative while stock prices climbed, the pace and magnitude of the stock market's rise and equity outflows are much greater so far this year. For the quarter, the S&P 500 SPX, 0.46% rose 14%, and added another 1.9% so far this month, putting the broad-market index just 1.3% shy of its Sept. 20 record, even as U.S. equity funds posted outflows of 39.1 billion, according to a Bank of America analysis of EPFR data. Back in 2016, equity outflows totaled 93 billion, but the accompanying 5% rise in global stocks was far less potent than this current period, the analysts said. A New York Times article paywall back in February also made note of the disparity between stock gains and outflows, pointing to buybacks as a possible source of support for equities. Market Watch Caption outside of wrapper for normal article images spx ytd rally Woodward and his colleagues theorized in a Thursday research report that the divergence between outflows and outsize gains, perhaps, can be explained by corporate buybacks, as S&P 500 firms have repurchased 227 billion of their own stock in the first quarter of 2019, according to Fact Set data, up from 143 billion in the first quarter of 2018. (news.financializer.com). As reported in the news.

interest rates: Now, his ever-more-strident blasts at the central bank, most recently calling on the Fed to slash interest rates and to revert to crisis-era policies, along with attempts to pack its board with political loyalists, lack validity, according to The Independent. I personally think the Fed should drop rates, they've really slowed us down, Trump said on Friday, echoing statements from both Larry Kudlow, the head of the National Economic Council, and Stephen Moore, whom the president said he would nominate to the central bank's board of governors. Photograph by Justin Sullivan/Getty Images Text size Last fall, this column wrote why President Donald Trump was right in his criticism of the Federal Reserve. There's no inflation, the chief executive continued. The latter refers to the Fed's liquidity injections to counter the financial crisis and great recession. In terms of quantitative tightening, it should be quantitative easing. (news.financializer.com). As reported in the news.

narrowbody model: U.S. and airline officials said they now believe the plane could be grounded for at least two months, but an even longer grounding is a serious possibility, according to The Japan Times. The crash in Ethiopia and the crash of a Lion Air plane in Indonesia last October that killed all 189 people on board have left the world's largest planemaker in crisis. Deliveries of Boeing's best-selling aircraft were frozen after a global grounding of the narrowbody model following the crash of an Ethiopian Airlines jet on March 10, killing all 157 people onboard. ; Production will be cut to 42 airplanes per month from 52 starting mid-April, the company said in a statement, without giving an end date. Chief Executive Officer Dennis Muilenburg said on Friday said the company now knows that a chain of events caused both disasters, with erroneous activation of so-called MCAS anti-stall software a common link between the two. The company's board will establish a committee to review how the company designs and develops airplanes, Muilenburg said. Boeing said it would not reduce jobs at the new production rate and will work to minimize the financial impact. (news.financializer.com). As reported in the news.

percent year: The CNTAC will facilitate international textile production capacity partnership, especially the development of overseas cooperation zones, Xu added, according to Global Times China. Industrial data showed that China's textile and apparel export to the BRI region continued to grow in 2018, up 5.3 percent year on year. Over 80 percent of the industry's global investment has flown to the BRI region in the past five years, according to the China National Textile and Apparel Council CNTAC . The textile industry can help industrial development, as well as create national wealth and employment in BRI regions, said CNTAC deputy director Xu Yingxin. Endtiem (news.financializer.com). As reported in the news.

aspects: The Professional Dental Care market is segmented depending on the major aspects including applications, end-use industry, and other leading factors, according to MSNBC. Along with this the sub segments are also included in this report. The report highlights the market essentials, opportunities, regional market, Emerging Growth Factors, market challenges, forecast and competitors joined with their market share. In the next sections, other components and elements are discussed which contribute to the growth of the market. Professional Dental Care manufacturers and is a valuable source of guidance and direction for companies. These consequences help in analyzing the current position of the market. (news.financializer.com). As reported in the news.

regional-list system: They believe the May elections across the EU could serve as an ideal and timely electoral launchpad for their fledgling party, and plan to use the slogan They want to stand candidates for all 73 seats across the 12 UK regions and believe the contest, conducted under a regional-list system in which seats are allocated to parties in proportion to their share of the vote, could give them their first electoral successes, particularly in the Remain-dominated London and South East regions, according to The Independent. The 11 independent MPs will begin selecting candidates this week. The Independent Group's team of eight former Labour and three former Tory MPs all strongly pro-Remain and in favour of a second referendum have applied to the Electoral Commission to register as a party and take part in the elections under the name Change UK The Independent Group. Facebook Twitter Pinterest The Independent Group's interim leader, Heidi Allen, holds the group's first public meeting in her South Cambridgeshire constituency on 30 March 2019. Labour's 20 existing MEPs, who had expected like all UK members to be giving up their seats on 29 March, were given until last Friday to say if they wanted to continue. Photograph Nicola Tree/Getty Images Labour has also started selecting its candidates and mobilising staff for a campaign. (news.financializer.com). As reported in the news.