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

listings: Link Group said the returns recorded over the first half of the year were flattered by unusually large special dividends, but even on an underlying basis, the 571m total was 13.9% higher compared with the first half of 2018, according to The Guardian. A little under half of this increase was contributed by new listings. According to the latest Alternative Investment Market Aim dividend monitor from Link Group, investors are on target to pocket well over 1bn from Aim-listed firms for a second year despite the uncertainty surrounding Brexit. The figures are likely to fuel concerns that businesses are handing shareholders funds that should be set aside for investment. The Aim was launched in 1995 as a growth market dedicated to small and medium-sized companies. Unions are are also likely to be dismayed at the high level of profits set aside for shareholders when workers' pay remains subdued. (news.financializer.com). As reported in the news.

oil minister: Al-Falih was appointed oil minister in May 2016, according to CNN. He was the architect of a pact between the Organization of the Petroleum Exporting Countries OPEC and some other oil producers, including Russia, that was designed to reduce oil supply to boost prices. The world's largest oil exporter replaced energy minister Khalid al-Falih with Prince Abdulaziz bin Salman bin Abdulaziz al-Saud, state media said Sunday. The agreement has lasted for nearly three years but has failed to drive prices back to the 80 a barrel level Saudi Arabia wanted. Prince Abdulaziz is Crown Prince Mohammed bin Salman's half brother and has been a member of Saudi Arabia's delegation to OPEC for many years. I think it is a positive notion to the market that a person like Prince Abdulaziz is taking the oil ministry with all of that history of OPEC that he has, said Suhail Al Mazrouei, minister of energy for the United Arab Emirates. (news.financializer.com). As reported in the news.

lemonade: What is White Claw It's a hard seltzer, a healthier alternative to beer, that Mike's Hard Lemonade maker Mark Anthony Brands launched in 2016, according to CNN. It's made from a blend of carbonated water, alcohol and a fruit flavor. Here's what you need to know about the drink. Flavors include black cherry, mango and natural lime. You must be at least 21 years old to enjoy it in the United States. Sure, it comes in a cute, slim can, but it's still an adult beverage. (news.financializer.com). As reported in the news.

statement referenced: Ito submitted his resignation Saturday as lab director and as a professor, according to a statement from MIT President L. Rafael Reif, according to CNN. His statement referenced the New Yorker piece, saying because the accusations in the story are extremely serious, they demand an immediate, thorough and independent investigation. Internal communications and documents obtained by CNN -- first reported by the New Yorker -- show Epstein was integral to incoming donations from major donors, including 2 million from Bill Gates and at least 5 million from Leon Black, the founder of private equity firm Apollo Global Management. He asked MIT's general counsel to engage a prominent law firm to design and conduct this process. As discussions continued about the funding for the researcher, the Director of Development and Strategy, Peter Cohen, sent an email to an undisclosed recipient, saying Jeffrey money, needs to be anonymous. Read More Lab director in direct contact with Epstein Internal email exchanges show Ito was in direct contact with Epstein about the late financier's donations, which documents show at one point were earmarked for a research scientist. (news.financializer.com). As reported in the news.

villiam: Hello Villiam, according to The Guardian. How goes it That faintly Germanic tinge and, as always, straight to the point I've got her a dog. After midnight, so it could only be him. Alice, my youngest daughter, just 13, had been ill for some time and felt wretched. Pluto, a whippet bitch bought some years before for Lucian's daughter Bella, but soon adopted by him, had long been adored, not to say coveted, by Alice. A whippet, Lucian knew Don't you agree would do her good, whippets being brisk yet graceful, affectionate enough he disliked the slobbery characteristics of lesser breeds and, he'd found, exemplary sleeper-sitters. (news.financializer.com). As reported in the news.

america merrill: Last year, Canada became the first industrialized country in the world to legalize the use of recreational cannabis, with 33 U.S. states also giving the green light to medical marijuana since 1996, according to The Independent. What had once been a completely taboo topic has become relatively mainstream throughout North America and much of Europe. Sean 7, 2019 at 9 06AM There's arguably no industry generating more excitement right now than legal marijuana. Of course, what investors are really waiting for is some form of change at the federal level in the United States. Bank of America/Merrill Lynch and Stifel foresee U.S. weed sales accounting for 33% to 50% of global revenue, which would make the U.S. the most lucrative marijuana market in the world for businesses and investors. The U.S. is projected to be the leading cannabis market in the world in terms of future sales -- and it's not even close right now. (news.financializer.com). As reported in the news.

audit compliance: She began the investigation into overpayments in June, when former executive Greg Kelly said in a magazine interview that Saikawa had improperly received 47 million 439,000 in 2013. ; The latest sign of discord in the upper echelons is another headache for the automaker following the arrest of Carlos Ghosn, charged with financial crimes along with Kelly in November, according to The Japan Times. Since then, Nissan's corporate governance has come under intense scrutiny, forcing the automaker to bring in more independent directors and establish oversight committees. Christina Murray, Nissan's vice president in charge of audit and compliance, will leave the carmaker as soon as Sept. 10, said the sources, who asked not to be identified because the information isn't public. Murray, who has been at Nissan since joining the company's U.S. operations in 2006, didn't immediately return requests seeking comment. Saikawa told reporters in Japan on Thursday that he and several other Nissan executives received excess compensation. Koji Okuda, a spokesman for Yokohama-based Nissan, declined to comment. (news.financializer.com). As reported in the news.

cases ghosn: The contents of the probe, led by Nissan's audit committee formed by members including external directors, will not likely be made public, given that they could influence the court proceedings of his cases, according to The Japan Times. Ghosn's defense counsel said earlier this week his first hearing could be held in March at the Tokyo District Court. Nissan, which will convene the meeting on Monday, will consider punishments for executives based on the findings and speed up the process of finalizing the amount of damages it will seek in a planned lawsuit against Ghosn, they said. ; Ghosn, who led the automaker for two decades before his arrest in November last year, has claimed innocence. Nissan's in-house probe has led to Ghosn's arrest through a plea-bargain deal between the carmaker's senior officials and prosecutors. A joint investigation with Nissan's alliance partner, Mitsubishi Motors Corp., has also found Ghosn illegally received around 7.82 million 8.6 million in remuneration from their joint venture in the Netherlands, according to the two automakers. According to the probe, Ghosn ordered Nissan to purchase or refurbish luxurious homes and pay for his golf club membership, among other uses of company funds and assets for his private purposes, company officials said earlier. (news.financializer.com). As reported in the news.

chinese woman: Like many Americans, Perth Tolle has watched the recent protests in Hong Kong with dismay, according to Market Watch. Tolle, who divided her childhood between Texas and mainland China, spent a year in Hong Kong after college. Hong Kong police launched tear gas at protesters Sunday after a massive pro-democracy march continued late into the evening. That year, she made friends with a Chinese woman, a relationship that helped Tolle realize just how lucky she'd been to spend so much of her childhood in a free country. That made me realize that governance and policies matter. Because of the one-child policy, she did not exist on paper, she had no birth certificate, no social benefits, no registration to receive official documents, Tolle said. (news.financializer.com). As reported in the news.

investors: A decade later, the picture looks eerily similar, yet oh-so different, according to Market Watch. Investors do expect two major players, the European Central Bank and the Federal Reserve, to ease over the next two weeks. In 2008, as the global financial crisis pummeled markets, central banks around the world moved in tandem, taking decisive action to reassure markets that someone was at the helm as much as to stimulate their economies as to repair financial systems. But we're not in the throes of a major financial crisis, or even a downturn in the U.S., though there are pockets of weakness around the world. It's a reality investors would do well to understand. That likely means monetary policymakers aren't working in considered coordination as much as acknowledging a weary truth despite the rise of nationalism around the world, our economies and financial systems are now codependent. (news.financializer.com). As reported in the news.

bernie sanders: It marks a crucial beginning, since many voters are only beginning to make up their minds as summer loosens its grip, according to CNN. The primary is looming as a clash between the senators of New Hampshire's neighboring states, Vermont's Bernie Sanders -- who thumped Hillary Clinton here in 2016 -- and Massachusetts' Elizabeth Warren. Nineteen candidates are addressing the state's Democratic Party convention Saturday, five months before voters deliver judgments that that will change the shape of the race. Their confrontation could help decide which of them gets to carry the dreams of the party's most progressive voters as the race expands beyond less diverse early voting states. But front-runners mustn't lose, so it's possible the former vice president may be face a win or bust scenario here. New Hampshire's primary could also provide a hope of redemption for Joe Biden should he underperform in the Iowa caucuses. (news.financializer.com). As reported in the news.

octavio marenzi: But what was once considered the domain of quantitatively oriented hedge funds and other well-heeled investors has become a must-have for traditional asset managers struggling to deliver market-beating returns, according to Market Watch. Traditional investment managers face three options, said Octavio Marenzi, chief executive officer of Opimas, a capital-markets-focused management consulting firm. The explosive growth in the amount of alternative data sets an array of information gleaned from the web, satellites and even consumers' wallets hasn't proved to be a panacea. The first option is to embrace alternative data and effectively adopt a more quantitative approach. And the third option is to go home and give up, he told Market Watch. The second is to go into passive investing, tracking an index and abandoning research altogether. (news.financializer.com). As reported in the news.

kong: For many, it was a moment of clarity for the shared destiny as Hong Kong had just reunited with its motherland after being a long time British colony, according to Global Times China. More than two decades later, as the city grapples with months of political unrest, foreign profiteers, who seek to take advantage from others' miseries, appeared to be poised to strike again. But one, in particular, stands out about how the mainland helped the city in beating back foreign profiteers in the late 1990s. This was evident with US credit ratings agency Fitch Ratings Inc on Thursday downgrading Hong Kong as a long-term foreign currency debt issuer. Foreign aggression Completely disregarding the HKSAR government's robust efforts in containing the riots from damaging the core values of Hong Kong and in stabilizing the economy, Fitch lowered Hong Kong's rating to AA from AA and hinted bearish view on its growth. Only difference is that this time, they are facing a much more resilient Hong Kong economy and an ever more powerful Chinese mainland, which stands ready to help the HKSAR in defending itself against any aggression, political or economic, officials and business leaders said. (news.financializer.com). As reported in the news.

wu sikang: Pilot demonstration means that Shenzhen should not only be a pioneer but also serve as a model for other cities, so as to build an ideal city of socialism with Chinese characteristics, said Wu Sikang, a researcher with the Development Research Center of the Shenzhen government, according to Global Times China. Statistics show that Shenzhen's GDP was only 196 million yuan 27.4 million U.S. dollars in 1979. Xinhua/Mao Siqian Shenzhen continues to play a leading role in China's new round of deepening overall reform as it is set to be built into a pilot demonstration area of socialism with Chinese characteristics . The move which was mentioned in a document issued by the Communist Party of China CPC Central Committee and the State Council in August. The figure had exceeded 2.4 trillion yuan in 2018. There were 129 Chinese companies in the Fortune 500 list of 2019 released in July, including 20 from the Guangdong-Hong Kong-Macao Greater Bay Area seven from Shenzhen, seven from Hong Kong, three from Guangzhou, two from Foshan and one from Zhuhai. Now, its GDP per square kilometer is as high as 1.2 billion yuan. (news.financializer.com). As reported in the news.

year: When it comes to the R&D intensity, Li said that China still lagged behind countries with high technologies, such as the United States and Japan, according to Global Times China. Li stresses greater financial support and an improved R&D investment policy system and made the R&D spending more efficient and targeted. Xinhua China's spending on research and development R&D hit a record high at 2.19 percent of its GDP last year, up by 0.04 percentage points in 2017, according to the National Bureau of Statistics NBS . The country's total expenditure on R&D amounted to 1.97 trillion yuan about 278 billion US dollars last year, up by 207.2 billion yuan compared with that in 2017, according to a report released by the NBS. The investment in basic research for the first time surpassed 100 billion yuan last year, accounting for 5.5 percent of the total spending, said the NBS. In 2016, six provincial regions in China, including Guangdong, Jiangsu, Beijing, Shandong, Zhejiang and Shanghai, each invested more than 100 billion yuan on R&D. China's expenditure on R&D has seen double-digit growth for three consecutive years, and since 2013, the country has remained in second place in terms of R&D spending worldwide, said the NBS statistician Li Yin. R&D crucial to developing new technology China's R&D input hits 2 trillion yuan for 2018 (news.financializer.com). As reported in the news.

york attorney: Once lauded as engines of economic growth, the companies in social media, Internet search, e-commerce and other digital technologies have increasingly been on the defensive over lapses such as privacy breaches and their outsized market influence, according to The Japan Times. Politicians including President Donald Trump, consumers, other firms and regulators have criticized that power. The second, announced by Texas and likely to include up to 40 other states, did not specify the targets among large tech companies but was expected to center on Google. I'm launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers' choices or increased the price of advertising, New York Attorney General Letitia James tweeted. The Facebook probe will include New York, Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and Washington, D.C. Texas Attorney General Ken Paxton's office said it was leading an investigation of large tech companies but did not name them. The largest social media platform in the world must follow the law, she said. (news.financializer.com). As reported in the news.

family members: There were emotional scenes as family members were reunited on the runway, according to The Guardian. Oleg Sentsov, a Ukrainian film-maker sentenced to 20 years' prison in Russia on controversial terror charges in 2015, was among those returning home. The Ukrainian president, Volodymyr Zelenskiy, was on the tarmac at Kyiv's Boryspil airport to greet the prisoners released by Russia on Saturday morning. Facebook Twitter Pinterest Ukrainian president Volodymyr Zelenskiy welcomed the released prisoners at the airport in Kyiv. We have done everything we promised, said Zelenskiy. Photograph Anna Marchenko/TASS Both countries freed 35 prisoners as part of the exchange, the first since 2014, when Russia annexed Crimea from Ukraine and Kremlin-backed separatists carved out two so-called people's republics in eastern Ukraine. (news.financializer.com). As reported in the news.

flavour: The grains are particularly delicious after slowly absorbing the aromatic liquids and juices in which they're cooked, while releasing their starches as they plump up, and thicken the broth, according to The Guardian. I guess you could say it's an osmosis of sorts or a very welcome exchange flavour in, texture and sustenance out. The addition of rice, cracked wheat or pasta, for example, takes care of the side dish question you can add another one if you like, but you really don't have to so you end up with a meal to fill a family of hungry mouths. Lamb pilaf with sweet almonds and sour plums above Iranian dried sour plums, known as aloo bukhara, are like nature's candy; they are beautifully orange, sweet, sour and hard to resist. You can find them in most Middle Eastern supermarkets, but if you can't get your hands on any, then use dried apricots or sour cherries instead. Yotam Ottolenghi's chilli recipes Read more They are used in a variety of Persian dishes but are also great to snack on. (news.financializer.com). As reported in the news.

email newsletters: Email Sign UpBy signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time, according to MSNBC. Facebook Twitter Email Print POLITICO Playbook Democrats get more serious about impeachment By ANNA PALMER and JAKE SHERMAN 09/07/2019 10 26 AM EDTPresented by An Air National Guard crew made a routine trip from the U.S. to Kuwait to deliver supplies. Sign up for POLITICO Playbook today. What wasn't routine was where the crew stopped along the way President Donald Trump's Turnberry resort. The panel could vote as early as Wednesday on a resolution to spell out the parameters of its investigation. Jeff J Mitchell/Getty Images DRIVING THE DAYTWO BIG POLITICO SCOOPS -- KYLE CHENEY, HEATHER CAYGLE and House Judiciary panel preparing vote to define Trump impeachment probe The House Judiciary Committee is preparing to take its first formal vote to define what Chairman Jerry Nadler calls an ongoing impeachment investigation' of President Donald Trump, according to multiple sources briefed on the discussions. (news.financializer.com). As reported in the news.

police: Rega was stabbed eight times as he attempted to recover a stolen backpack from the teens, police say, according to CNN. Elder's family sent a statement to CNN through their attorney Craig Peters, after visiting him in prison Friday. Father of US teen accused of killing Italian police officer hopes video will show 'what actually happened' Finnegan Lee Elder, 19, was arrested in Rome in July alongside 18-year-old Gabriel Natale Hjorth, on suspicion of murdering Carabinieri officer Mario Cerciello Rega. Finn is trying to stay hopeful but has suffered from severe depression since the incident. The family hopes that the truth will come out soon, so that everyone involved can start the healing process, it continued. While in prison he has seen the way the media has portrayed him and the circumstances of the case & it has been difficult to hear the facts unfairly misrepresented, the statement read. (news.financializer.com). As reported in the news.

proposals: According to CNN, In recent weeks, Trump has instructed aides with increasing urgency to develop proposals to fortify Americans' flagging confidence in the economy, according to a half-dozen officials familiar with the matter. (news.financializer.com). As reported in the news.

brazilian leather: Last week, VF Corporation, which includes international brands like Timberland and The North Face, announced a temporary suspension of purchases of Brazilian leather, until its suppliers could prove they were not connected to any environmental harm, 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 announcement of the temporary ban is the second to hit the South American country after a spike in rainforest fires this year drew global outcry. You can form your own view. Subscribe now Nearly 50,000 fires have been detected in the Brazilian Amazon so far this year the highest number in almost a decade. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

christmas island: The Federal Court today continued hearing the case of two-year-old Tharunicaa, who is currently detained on Christmas Island with her parents Priya and Nadesalingam and four-year-old sister Kopika, according to Nine News Australia. Justice Mordy Bromberg on Wednesday ordered the federal government not to deport the asylum seekers to Sri Lanka until 4pm today so it had more time to consider Tharunicaa's case. To improve your experience update it here News National Tamil family given 12-day reprieve from deportation By AAP11 42am Sep 6, 2019Facebook Tweet MailA Tamil family due to be deported will remain in Australia for another 12 days after a court delayed its final decision. He extended that order today until 4pm on September 18.A Tamil asylum seeker family is being sent back to Sri Lanka from Australia. It is not satisfactory that they remain in detention, I think everyone agrees with that, but that is not a subject of this court proceeding at the minute, Ms Ford said outside court. Facebook The family's lawyer Carina Ford said they are still in Christmas Island Detention Centre, where they are the only detainees. (news.financializer.com). As reported in the news.

clergy: Clergy Support Trust a centuries-old charity which supports destitute Anglican vicars, assistant or associate priests, curates-in-training and chaplains gave 1.8m worth of grants to 459 clergy last year, according to The Guardian. Analysis last year found that 217 individuals who had applied to the charity for help had personal unsecured debts of 5,000 or more, totalling nearly 3m. Some vicars are tens of thousands of pounds in debt, with many struggling to survive especially those supporting families and relying on charity handouts to make ends meet, the Guardian has learned. The figures, based on a combination of grant application data over a 20-month period, do not include mortgages or student loans. Four applicants had debts in excess of 50,000. Of the 217, 41% had debts of between 5,000 and 10,000, 44% between 10,000 and 20,000, and 15% over 20,000. (news.financializer.com). As reported in the news.

donald trump: Staff writers and APnews.au September 7, Crisis Big declines crippling world economy2019 has seen big declines in the volatile stock market, with tensions rising globally on the back of the trade war, according to MSNBC. As the US-China trade war heats up further, Donald Trump is risking his rural heartland at the next election. Finance ; !function function e e var !0 !1;e t function t e var n e var !0 !1;e t function a e e !0 function c e,t for var function t w e t window.utag data window.utag data ; window.utag data.newskey function var qs location.search; var pn location.pathname; qs qs.replace / nk & &/,' ' ; qs qs.replace / nk . /,'' ; if qs ! location.search pn ! location.pathname // Modern browsers, don't refresh, just get rid of the affecting parameters if window.history && history.replace State history.replace State '', qs ; ; window.utag data window.utag data ; false; us ; ca ; mountainview ; 37.4154 ; -122.0585 ; pst ; unknown ; false; utag data.md targeting channels storyid // news.au / trending.esi prod 2018-06-14T06 35 23.781Z / function var check Trending function var sections tts 'n'; for var i 0; i sections.length; i / Note window.ndm is now deprecated /if window.utag data && tts y ; else && tts y ; else && tts y ; else && tts y ; else tts err ; ; Trending Trending in top10 / ; window.ads api window.ads api ; window.ads api.ready window.ads api.ready ; ; var nca nca ; nca.site 'newscomau'; nca.environment 'a.tcog.news.au'; nca.envkey 'prod'; nca.vertical 'finance'; nca.subsection 'economy'; nca.subsubsection 'world-economy'; ncaments Allow false; ncaments Show false; ncamentwatermark '1481245307'; nca.timestampunix '1567810620'; nca.device 'desktop'; window. taboola window. taboola ; !function e, f, u, i if e.async 1; e.src u; e.id i; f ; 'tb loader script' ; if window.performance && typeof window.performance.mark 'function' Skip to Main Content Site Navigation Site footer Site Map Log in No account Sign up Log outnews.au Australia's 1 news site// financeeconomyworld economy Donald Trump's rural base may reject him for 2020 thanks to US-China trade war Americans are finally feeling the tangible impact of the US-China trade war, and it could be enough to cost Donald Trump his rural base. Source APAs the US-China trade war heats up and impacts American citizens, Donald Trump may be risking his rural heartland at the next election. By mid-December, Washington intends to effectively make all Chinese goods imported to the US subject to tariffs, with Beijing planning to hit another 3000 American products by the end of the year in response. The fourth and latest round of tariffs, which target Chinese imports with a 15 per cent duty, came into effect earlier this week. (news.financializer.com). As reported in the news.

week: At the current rate, even Robert Caro will only need a week to write this Johnson biography, according to The Guardian. Then again, Johnson might get a majority, and we'll look back on these as the good old days. The Tory episiotomy on Europe went septic this week as Boris Johnson expelled 21 MPs, including two former chancellors and his hero Winston Churchill's grandson; lost his own brother in a tale we'll call Cain and Far More Able; and gave a speech so hallucinatorily bad it whiteyed a policewoman. More on the prospect of that banter-apocalypse later. It turns out those questions were How would Dudley Dursley and Draco Malfoy's baby look and behave What if you shaved the Honey Monster and put him in a suit for a court appearance and Does anyone know the ancient Greek for shitting the bed . Apart from looking like he cuts his hair with the bacon scissors, the PM's shtick is bizarre and juddering, as though some of his innards are trying to escape Despite practising since boyhood, Boris Johnson's entire demeanour is that of a man who has won a competition to lead the country for a day. For now, it feels remarkable to think that barely five weeks ago, the vast majority of Tory MPs were telling us Boris Johnson was the only possible answer to various questions. (news.financializer.com). As reported in the news.