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

care insurance: If you face a particularly complex financial decision, you tap an informal network of friends and family members for advice, according to Market Watch. All in all, you're handling your money matters just fine. When questions arise Lease or buy a car Refinance my home mortgage Do I need long-term care insurance you do the research and come up with sensible answers. Why would you need a financial adviser But you wonder if you're missing out by doing it all yourself. That requires two basic pieces of information the planner's fee and the services you'll get in return. To determine whether to retain an adviser, run a cost-benefit analysis. (news.financializer.com). As reported in the news.

chinese imports: This time, it was the United States saying it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items on holiday shopping lists until Dec. 15, according to The Japan Times. China also said its negotiators had spoken with U.S. officials about the tariffs that President Donald Trump threatened to impose on Sept. 1, and they planned to talk again in the next two weeks. ; The S&P 500 burst higher immediately after the announcements, and it was on pace for one of its best days in months. Stocks tore higher Tuesday, continuing their roller-coaster ways, after the latest turn in the U.S.-China trade war flipped investors back to buying mode. It was up 1.5 percent, as of 11 16 a.m. The Dow Jones Industrial Average rose 390 points, or 1.5 percent, to 26,288, and the Nasdaq composite jumped 1.9 percent. Eastern time and earlier had been up as much as 2.1 percent. (news.financializer.com). As reported in the news.

australia cheeses: The EU is demanding food and drink products with names it claims are associated with specific geographic regions be protected as part of a proposed free trade deal with Australia, according to Nine News Australia. Cheeses for sale at Blessed Cheese in McLaren Vale, the Fleurieu Peninsula. To improve your experience update it here News National Feta, mozzarella, Scotch The food names Europe wants to ban Aussies from using By 9News Staff11 31am Aug 13, mozzarella and Scotch beef may be off the menu for Australian producers if the European Union EU gets its way. AAP It means Australian feta-makers could be forced to refer to their cheese as Australian feta . Other cheese styles including gruyere, Roquefort and gorgonzola could also be affected. And 'Scotch' could not be used to identify Australian-made whisky or beef. And 'Scotch' could not be used to identify Australian-made whisky or beef. (news.financializer.com). As reported in the news.

beijing: The decision to cancel all departures and inbound flights not already in the air on Monday afternoon was made after thousands of pro-democracy protestors gathered at the airport, the region's third busiest after Beijing and Tokyo, according to CNN. The disruption ran into a second day Tuesday. That's terrible news for companies operating in the financial hub. Riot police clashed with protesters and all outbound flights were canceled late afternoon because of a large protest at the airport. Some demonstrations have ended in violent clashes with police. Protests have been rocking Hong Kong for months, and the crisis is already having a noticeable effect on the city's economy. (news.financializer.com). As reported in the news.

brexit: Brown's is owned by Rocco Forte, a millionaire who is a strong supporter of Brexit, according to The Guardian. The register also shows Johnson received more than 38,000 in additional donations to his leadership campaign that had not been previously declared, taking the total since May to almost 650,000. Johnson and his supporters were hosted by Brown's hotel, in Mayfair, central London, on the evening of 23 July, the register shows. The donors included the private equity firm boss Hazem Ben-Gacem, who donated 25,000, and the Carphone Warehouse co-founder David Ross, who gave 10,000. In the final declaration of leadership donations, Johnson was marginally beaten by his rival, Jeremy Hunt, who attracted more than 39,000. The register also shows Johnson declared a new 50% share in a home in London, likely to be a house in Camberwell, south-east London, that he has reportedly bought with his partner, Carrie Symonds. (news.financializer.com). As reported in the news.

cost electricity: However, thanks to a combination of technological advances and support from the government, grid parity has already been reached, according to The Independent. Scientists found that all of the 344 cities they looked at could have cheaper electricity powered by solar energy, according to the study published in the journal Nature Energy. Some experts thought China would have to wait decades until solar generation cost the same as electricity from the grid. Twenty-two per cent of cities could also have solar systems that would generate lower cost electricity than coal, according to the researchers, led by Jinyue Yan from the Royal Institute of Technology in Stockholm. 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.

year: The 30-year Treasury bond yield TMUBMUSD30Y, -0.20% fell to 2.06% on Wednesday, following a relentless rally in long-term government bonds in the past few weeks, according to Market Watch. The 30-year yield pushed below its previous all-time low set in July 2016, when it touched 2.09% after the U.K. voted to leave the European Union. Investors said the 22 trillion U.S. government debt market hit this key milestone on a combination of factors including the growing world of negative-yielding government bonds, expectations for Fed easing spurred by rising recession concerns, and the absence of inflation pressures. Debt prices move in the opposite direction of yields. Bloomberg Caption outside of wrapper for normal article images The 30-year Treasury bond yield is near an all-time low The more widely-watched 10-year note yield TMUBMUSD10Y, 0.32% is still around 35 basis points away from its all-time low hit in July 2016, when it fell to 1.27% in July 2016. The rate for the so-called long bond had risen to a multiyear peak of 3.46% in November, but has steadily retreated since the U.S. central bank reversed its plans to push for rate hikes and later cut interest rates in July. (news.financializer.com). As reported in the news.

executives: Late on Monday, Europe's biggest bank issued a Chinese statement on its official WeChat account, denying media reports that linked the resignations of its two executives with shareholder pressure over external affairs, according to Global Times China. HSBC said these reports are baseless rumors. Photo IC The shock exit of two high-level HSBC executives within a week, including its top executive and the head of key China business, has put the 150-year-old, London-based banking giant under public scrutiny and mounting speculations. The statement came as China's Ping An Insurance, the largest HSBC shareholder, was reported to have been a major promoter of the two executives' resignations. A person close to Ping An refuted the reports, telling the Global Times on Monday that, It is only those media that want to make hype and attract attention. Ping An Insurance overtook New York-based Black Rock, the world's biggest asset manager, to become the largest shareholder of HSBC in November last year, with a stake of over 7 percent. (news.financializer.com). As reported in the news.

funds: But wrong prices for popular Vanguard funds were also carried on the Associated Press data feed, where readers of The Inquirer and other news outlets were jolted anew when they checked prices Tuesday morning, according to The Independent. Related stories Vanguard reopens Dividend Growth mutual fund, redefines ESG portfolio definition Speaking of dividends, here are some income ideas for your stock portfolio Wellington Fund, the blue blazer' of Vanguard funds, returned an average of over 8 percent a year since 1930 Imagine my surprise upon seeing a listing in the paper for Vanguard Target 2025 of 14.91 the price over the weekend was 19.00 or a drop of 21.5%, wrote reader David Webster. Vanguard, which invests more than 5 trillion in clients' money in mutual funds and exchange-traded funds, said the problem was speedily corrected. Actual price change was - 0.91, or -0.47%, he noted. Some of Vanguard's funds appeared to lose as much as half their value on Monday, reported Barron's, noting that Vanguard on its own website for a time reported that the Wellington stock-and-bond fund was down 32%, the Wellesley Income Fund down 56%, and the Target Retirement Fund down 250 300, 250 300, 0 730, 0 0, Safety - Philly Deals, Retirement, var pmn AdTargeting clavis topics Markets clavis auxiliaries Brand Safety - Comcast content type story article sections Business, Philly Deals, Retirement, News The issue was the result of delays experienced by the New York Stock Exchange, which impacted numerous pricing vendors that provide security pricing data for firms across the financial industry, Vanguard spokeswoman Carolyn Wegemann said in an email. He urged The Inquirer to consider adding human oversight, because it seems that automated price feeds can't always be trusted. (news.financializer.com). As reported in the news.

island nations: Smaller members of the 18-nation grouping have been sharply critical of Australia's climate policies ahead of this year's summit amid a diplomatic push from Canberra to counter China's growing power in the region, according to The Japan Times. High-level representatives from the likes of Tuvalu, Palau and Vanuatu have criticized Australia for not doing enough, with Fiji's Frank Bainimarama saying Canberra's reliance on coal poses an existential threat to low-lying islands. Prime Minister Scott Morrison said the funding, drawn from Australia's existing international aid budget, would help Pacific island nations invest in renewable energy and climate change resilience. ; The climate-skeptic leader made the announcement before traveling to the Pacific Islands Forum PIF in Tuvalu, where island nations threatened by rising seas have vowed to put global warming at the top of the agenda. There has also been disquiet in the Pacific that Australia recently approved the giant Adani coal mine in Queensland state. The 500 million we're investing for the Pacific's renewable energy and its climate change and disaster resilience builds on the 300 million for 2016-2020, he said in a statement. Morrison has staunchly defended Australia's climate record, insisting the country will meet its 2030 emissions reduction target set under the Paris Agreement. (news.financializer.com). As reported in the news.

bullet: Most of those products would have gotten pricier because of new tariffs that the United States just delayed, according to CNN. Those companies and their customers just dodged a bullet Tuesday. (news.financializer.com). As reported in the news.

businesses aren: House prices are down, according to The Guardian. Consumers aren't spending. Wealth is falling. Businesses aren't investing. The federal government and Reserve Bank seem locked in an arm wrestle over whether fiscal or monetary policy should be used to generate more stimulus. Interest rates are at record lows and may be heading for zero. (news.financializer.com). As reported in the news.

countries: But foreign direct investment in the United States has declined significantly over the past two years, according to CNN. And one of the more powerful forces driving the US economy has long been investment in American businesses from other countries. (news.financializer.com). As reported in the news.

promise: The promise to them is being broken and we have to keep that promise, he said on Tuesday, according to The Guardian. The 12% figure is included in a report by the environment department and Blue Environment Pty Ltd last year, which outlines the challenge facing Australia's waste recovery efforts. The prime minister is concerned that only 12% of the plastic that Australians put into their kerbside bins is being recycled, and is angry the public is being let down. How much waste does Australia produce The report found that in 2016-17 Australia generated an estimated 67m tonnes of waste, almost 2,700kg for each person. And each person generates about 103kg of plastic each year. Most of this comes from the commercial and industrial sectors and construction and demolition, but about 560kg for each person comes from households and local government. (news.financializer.com). As reported in the news.

wish-list economics: All market data delayed 20 Presidential Election Published 1 day ago Bullock accuses Steyer of buying his way onto the 2020 debate stage By Paul Steinhauser Fox Steve Bullock says he's focused on issues that matter to voters' everyday lives, not wish-list economics Democratic presidential candidate Gov, according to MSNBC. Steve Bullock rejects suggestion that he is too moderate for the 2020 field. Steve Bullock is accusing billionaire environmental and progressive advocate Tom Steyer -- a rival for the Democratic presidential nomination -- of trying to buy his way onto the debate stage. author type Person name Paul Steinhauser publisher type Organization name Fox News logo type Image Object url width 133, height 60 image type Image Object url ve 1&tl 1 width 696, height 392 context http //schema.org/ type Web Page name Bullock accuses Steyer of buying his way onto the 2020 debate stage speakable type .head1 .speakable url o n,i if n&&i for var r in 0 n r window.JSON.parse var i JSON.parse n ;void 0! window.BOOMR config Could not parse new e true 0! a.aFeo Applied Fox Nation Listen More Expand / Collapse search Login Watch TV Hot Freedoms Fox News News MoviesTV News Music News Style News Entertainment Leaders Lifestyle Food Drink Cars Trucks Travel Outdoors House Home Fitness Well-being Style & Space Planet Earth Wild Nature Natural Games Military Tech Health Healthy Living Medical Research Mental Health Cancer Heart Health Children's Live Full Episodes Show Clips News Clips About Contact UsCareers Fox Around the World Advertise With UsAd Choices Media Nation Fox News Shop Fox News GoFox News & Products Fox News Terms of Use Updated Privacy Policy What's Changed Closed Captioning Policy Help Contact UsThis material may not be published, broadcast, rewritten, or redistributed. 2019 FOX News Network, LLC. All rights reserved. Montana Gov. We're kidding ourselves if we're calling a 10 million purchase of 130,000 donors a demonstration of grassroots support, Bullock said in a Tuesday statement. Steve Bullock is accusing billionaire environmental and progressive advocate Tom Steyer -- a rival for the Democratic presidential nomination -- of trying to buy his way onto the debate stage. (news.financializer.com). As reported in the news.

p spx: Are these investors onto something Have financial planners been wrong all these years For this column I mine the historical data for answers, according to Market Watch. On the face of it, the respondents to the survey need to go back to their history books, as pointed out in a recent column by my colleague Catey Hill. For every two respondents who answered stocks there were more than three who said real estate is the way to go. Since 1890, U.S. real estate has produced an annualized return above inflation of just 0.4%, as judged by the Case-Shiller U.S. National Home Price Index and the consumer-price index. But it's not the end. The S&P 500 SPX, -2.93% or its predecessor indexes did far better, outpacing inflation at a 6.3% annualized rate when including dividends . Even long-term U.S. Treasury Bonds outperformed real estate, producing an annualized inflation-adjusted total return of 2.7%. Check out the chart below Caption outside of wrapper for normal article images If this were the end of the story, then this column could end here. (news.financializer.com). As reported in the news.

loan balance: The total amount of transactions on Laocaibao was 29.7 billion yuan 4.2 billion by the end of July, with a loan balance just under 5 billion yuan and 28,031 lenders, according to Laocaibao's official website, according to Global Times China. Is the platform overdue Do I still have my money When will the payment be made Hundreds of investors on Monday afternoon rushed to the Zendai Wealth offices in Pudong New Area, Shanghai, Securities Daily reported. Online loan platform Laocaibao, a subsidiary of Zendai Wealth Management, suspended P2P business from Monday, according to an announcement from the platform's website. Investors failed to receive a response on Monday. According to the repayment time, the first repayment will be issued within five working days from August 16, a customer service employee from Laocaibao told the Global Times on Tuesday. The withdrawal function remains normal. (news.financializer.com). As reported in the news.

technology investors: Since Mr Trump threatened the new tariffs in a tweet on August 1, the US benchmark S&P stock index had dropped by more than four per cent, 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. The delay came as an unexpected relief for technology investors, who welcomed the news as shares in Apple surged more than five per cent and the Dow Jones industrial average rose more than 500 points. You can form your own view. Subscribe now A day before the White House announced the delay, the Dow lost 391 points and the S&P 500 fell nearly 1.2 per cent amid concerns the trade conflict between the US and China would cause a global economic downturn. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

toyota manager: Toyota Motor Corp. reported its best quarter in four years last week but cut its full-year outlook on the yen, according to The Japan Times. We're going to be affected by a stronger yen this year, so to offset this as much as possible we have been taking extra measures to reduce fixed costs and cut down on expenses, Kenta Kon, a Toyota manager, told a briefing last week. Worsening trade friction between the world's two largest economies has reduced investor appetite for risk and boosted assets perceived to be safer bets, such as gold and the yen. ; Japan's currency is now near its firmest level in eight months against the dollar, and exporters in the world's third-largest economy are preparing for pain. Exporters regularly hedge against currency fluctuations, but a strengthening yen still hurts them because it makes their electronic appliances, semiconductors and cars more expensive overseas. The economy expanded at an annualized 1.8 percent in the second quarter, data showed Friday, beating expectations of a 0.4 percent increase. It also decreases the value of overseas earnings when they are brought home. (news.financializer.com). As reported in the news.

transportation innovation: The further opening-up gesture will accelerate the pace for Shanghai to become an international hub of finance, transportation and innovation, and more foreign companies are expected to be attracted to the region, said analysts and companies, according to Global Times China. It is also in line with the country's commitment of further opening-up its market amid rising protectionism in the world, experts said. Xinhua/Fang Zhe The Shanghai municipal government on Tuesday announced 30 new measures to relax investment restrictions and provide facilities for transnational corporations to establish headquarters. Shanghai relaxed the total asset requirements for parent companies of those to establish regional headquarters to 200 million from 400 million, and relaxes the requirements to 100 million for companies to establish quasi-headquarters. They also cancelled the requirement that regional headquarters must be sole proprietorships. The new regulations end the requirements for parent companies' paid-in registered capital and the number of their subsidiaries. (news.financializer.com). As reported in the news.

unravelling: Danish-owned GD Pork ran a secret breeding program out of its Pinjarra piggery for eight years, cheating Australia's strict quarantine laws, according to Nine News Australia. The company's sole director Torben Soerensen, 39, and breeding manager Henning Laue, 74, admitted to aiding the criminal scheme for a portion of that time, until a tip-off led to its unravelling in 2017. To improve your experience update it here News National Men jailed for importing pig semen to create 'super sow'By Louise Rennie Reporter9 58pm Aug 13, 2019Facebook Tweet MailA WA pig farm has been fined 500,000, and two of its workers jailed, over an arrogant plan to create a Danish super-pig using smuggled semen. Danish-owned GD Pork ran a secret breeding program out of its Pinjarra piggery for eight years, cheating Australia's strict quarantine laws. 9News At least 200 pigs were artificially impregnated with Danish genes in attempt to gain a competitive edge by increasing litter sizes. A court heard GD Pork's Danish investors played a lead role in the illegal operation - smuggling the semen in shampoo bottles on flights to Perth. The farm's ultimate goal was to create a super-sow with 21 live babies. (news.financializer.com). As reported in the news.

scam: Many people are confident they would never fall for a scam but often it's this sense of confidence that scammers target, ACCC Deputy Chair Delia Rickard said, according to Nine News Australia. People need to update their idea of what a scam is so that we are less vulnerable. To improve your experience update it here News Technology How well can you spot a scam Take our online quiz to find out By Matt Dunn Senior Producer1 04pm Aug 13, are set to lose a record 532 million to scams by the end of the year. Scammers are professional businesses dedicated to ripping us off. As part of National Scam Awareness Week, the ACCC is urging consumers to test their scams knowledge. They have call centres with convincing scripts, staff training programs, and corporate performance indicators their 'employees' need to meet. (news.financializer.com). As reported in the news.

tariffs china: Marketsread more China says it has to take counter-measures to latest US tariffs China will have to take the necessary counter-measures to President Donald Trump's latest tariffs threat, China's State Council Tariff Committee said in a statement on... Politicsread more Walmart shares jump following earnings beat and raised outlook Walmart reports earnings that topped expectations, and it raises its outlook for the year, building on the momentum in its core U.S. business and investments in grocery, according to Xinhua China. Retailread moreGE shares drop after Madoff whistleblower Harry Markopolos raises...GE confirmed the existence of the report in a statement to CNBC. Marketsread more One under-the-radar retail stock could see huge rally as the... It's a retail wreck on Wall Street, but one little talked-about stock is set to soar, some markets expert says. Market Insiderread more Dow set for strong open after China says it hopes to meet halfway... China vowed to take steps to counter U.S. tariffs, rattling global equity markets and sending Dow futures plummeting. Trading Nationread more The stock market's unusual pattern this week has historically... The stock market has done something so unusual this week that it only happened 19 times in the past 30 years. Oilread more30-year Treasury yield falls below 2% for the first time ever The historic drop in long-term U.S. bond yields comes shortly after interest rates on the closely watched 10-year and 2-year Treasurys inverted. Marketsread more Saudi Arabia is dramatically changing its oil exports to China... The numbers signal a mix of short-term tactics and long-term strategy for the Saudis, industry experts say. (news.financializer.com). As reported in the news.

sarandon: On Monday, Messing, 50, tweeted, Hey Susan Sarandon, how are you liking the revolution She didn't tag Sarandon, 72, in her tweet, but the Thelma & Louise star still spotted the dig.DEBRA MESSING DENIES GETTING PLASTIC SURGERYSarandon replied with a photo advertising Bernie Sanders and wrote, Happy so many ideas labeled impossible/radical in 2016 like Medicare 4 All, fighting climate change, 15 min wage & tuition free college are now mainstream & supported by majority, according to MSNBC. Racial, economic & social injustice must be addressed with systemic change. All market data delayed 20 Messing Published 1 day ago Debra Messing slams Susan Sarandon again! over Bernie Sanders support By Jessica Sager Fox Messing tells Susan Sarandon to 'shut the f--- up' over Trump Debra Messing of 'Will & Grace' fame, took to social media, slamming fellow actress Susan Sarandon in a series of tweets over a Variety interview where Sarandon was indirectly quoted for saying 'Donald Trump has, if anything, inspired more women and people of color to run for office.'Debra Messing got roasted on Twitter after slamming Susan Sarandon once again over the Oscar winner's support for Bernie Sanders. You're welcome to join. Sarandon, a longtime supporter of Sanders, said she'd voted for Jill Stein once the Vermont senator was eliminated from the Democratic primary.SUSAN SARANDON THINKS HILLARY CLINTON WOULD HAVE BEEN 'VERY DANGEROUS' AS PRESIDENTIn September 2018, Messing slammed Thelma & Louise actress Susan Sarandon in a series of tweets, telling her to shut the f--- up after Sarandon told Variety in an interview that Trump has if anything, inspired more women and people of color to run for office. Sanders' supporters and Sarandon fans were quick to blast Messing, including resurfacing a 2017 tweet in which she complained about higher taxes for the wealthy.DEBRA MESSING SAYS 'GOD IS CRYING' OVER ENVIRONMENTAL DAMAGEThe Will & Grace actress has attacked Sarandon repeatedly for not voting for Hillary Clinton in 2016. (news.financializer.com). As reported in the news.

year treasury: Here's where markets ended Tuesday S&P 500 GSPC 1.48%, or 42.57 points Dow DJI 1.44%, or 372.54 points Nasdaq IXIC 1.95%, or 152.95 points10-year Treasury yield TNX 6 bps to 1.7%U.S. dollar to onshore Chinese yuan rate CNY X -0.2593% to 7.0394The Office of the U.S. Trade Representative announced Tuesday morning that products including cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing would not be hit with a 10% tariff until December 15, according to Xinhua China. Originally, President Donald Trump announced at the start of August that he would be imposing a 10% tariff on 300 billion worth of Chinese imports starting September 1, which would have included many of these items. The news also sent bond yields higher, after the curve flattened the most in more than a decade earlier in the session. Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent, the USTR said in a statement. For Apple, which has become the poster child of this US/China UFC trade battle, this is a major shot in the arm for the bulls as importantly Cook & Co. will be facing no tariff noise/costs when the trifecta of iPhones launch in the September time-frame, Wedbush analyst Dan Ives wrote in a note. Shares of Apple AAPL led the Dow higher, with the iPhone-maker's stock up more than 4% after the USTR's statement. (news.financializer.com). As reported in the news.

ban huawei: Brazil is confronted with a daunting challenge in restarting the process of industrialization, but Huawei's investment can be deemed as leverage to create momentum for Brazil's next round of economic growth, according to Global Times China. Huawei reportedly plans to produce 5G-enabled smartphones at its new plant in Brazil. Huawei can help Brazil gain ground in the race to the forefront of 5G technologies, advancing the diversification of manufacturing in the Americas. Once 5G-related manufacturing becomes a reality in Brazil, the country's economy will gain new impetus. Although the US has asked countries to ban Huawei outright, Brazil said in June that it would not exclude the company from its 5G network. Huawei's investment is likely to directly and indirectly add thousands of jobs in Brazil. (news.financializer.com). As reported in the news.