Daily News Links

8594 posts

Saturday, May 7, 2016

General

• Saudis Announce Government Overhaul as Part of Post-Oil Plan
  Bloomberg
• Saudi Arabia Replaces Veteran Oil Minister in Government Revamp
  Bloomberg
• China’s debt problem is bigger than you think
  MarketWatch
• China Foreign Reserves Increase in April on Yuan Sentiment
  Bloomberg
• Puerto Rico Governor Warns of Another Default
  WSJ
• Canada wildfire growing as weather heats up, more escape convoys planned
  Reuters
• A U.S. Admiral’s Bluntness Rattles China, and Washington
  NYT

Friday, May 6, 2016

General

• Stocks Drop as Markets Revisit 2016 Doldrums; U.S. Payrolls Miss
  Bloomberg
• Emerging Stocks in Worst Losing Streak in 2016 on Fed Rate Talk
  Bloomberg
• Dollar Falls Toward 18-Month Low as Jobs Growth Slows in April
  Bloomberg
• Gold Jumps as Jobs Deal `Devastating Blow' to Rate-Hike Outlook
  Bloomberg
• China commodities selloff deepens, as steel posts worst week since 2009
  Bloomberg
• China Stocks in Hong Kong Head for Worst Week Since February
  Bloomberg
• Employers in U.S. Add 160,000 Workers, Fewest in Seven Months
  Bloomberg
• Lagarde Says IMF Won't Join Greece Bailout Until Budget Gap Shut
  Bloomberg
• Turkey Leadership Crisis: An Investors' Guide to What's at Stake
  Bloomberg
• Japan April services sector PMI falls to two-year low, new orders slump
  Reuters
• 'Paralyzing Volatility' Means Trouble for Wall Street Giants
  Bloomberg
• CLSA Sees China Bad-Loan Epidemic With $1 Trillion of Losses
  Bloomberg
• China Warns Asset Managers About 'Ponzi Scheme' Risks
  Bloomberg
• US stock funds suffer $11bn of outflows
  FT
• Brevan Howard's Main Hedge-Fund Losses Said to Deepen in April
  Bloomberg

Evening

• U.S. Stocks Stage Comeback, Treasuries Extend Drop as Gold Jumps
  Bloomberg
• Apple's Tumble Worsens as Stock Hits Lowest Since 2014: Chart
  Bloomberg
• Deutsche Bank Says It Acted Correctly in Italy Amid Probe Report
  Bloomberg
• China’s extend and pretend is only making things worse
  FT, Bennett
• ETFs Leak $13 Billion as S&P 500's Down Week Puts Rebound on Ice
  Bloomberg
• Consumer Borrowing in U.S. Increases at Fastest Pace Since 2001
  Bloomberg

Thursday, May 5, 2016

General

• Oil Rally Lifts U.S. Stocks as Turkey Woes Hit Emerging Assets
  Bloomberg
• European Stocks Rebound as Oil Extends Gain; Turkish Bonds Fall
  Bloomberg
• Emerging Asset Declines Deepen as U.S. Jobs Eyed for Fed Course
  Bloomberg
• Yuan's Losing Streak Signals PBOC Break With Stronger Dollar
  Bloomberg
• Oil rallies as Canada fire and Libya violence threaten supply
  Reuters
• How Puerto Rico’s $70 Billion Crisis Is About to Get Catastrophic
  Bloomberg
• Putting the Squeeze on Profits
  WSJ
• Turkey Premier Said to Give Up as Erdogan Tightens Grip
  Bloomberg
• Turkey’s prime minister resigns amid high-level rifts and deepening crises
  Washington Post
• China Fertilizer Maker to Default on Bonds Amid Rising Debt Woes
  Bloomberg
• Rand Tumbles as South African Downgrade Concerns Return
  Bloomberg
• Brexit Uncertainty Drags U.K. Economy to Near Stagnation
  Bloomberg
• Hedge Fund Managers Lose Their Swagger
  Bloomberg
• Negative yielding bonds total near $10 trln, Japan leads -Fitch
  Reuters
• Germany, Japan call for stable FX rates ahead of G7 meeting
  Reuters
• Treasury’s Fannie and Freddie rip-off
  Washington Post
• G-7 Should Weigh In on Asian Sea Disputes With China, Abe Says
  Bloomberg

Evening

• Crude Pares Gain, Dollar Rises as Stocks Fluctuate Before Jobs
  Bloomberg
• Biggest Junk-Bond ETF Jolted by Massive Outflows Amid Rally
  Bloomberg
• Fitch downgrades Brazil, Meirelles calls for credible targets
  Reuters
• Louisiana's shaky government finances hit a major oil slick
  CNBC
• Iron ore sinks below $60 as Chinese frenzy cools
  FT

Wednesday, May 4, 2016

General

• U.S. Stocks Slide on Growth Concerns as Dollar Rises for 2nd Day
  Bloomberg
• Stocks Fall With Emerging Markets on Fed Caution; Ruble Slides
  Bloomberg
• Asia Stocks Fall Sixth Day on Global Growth Concern After Rally
  Bloomberg
• U.S. Rate Murmurs Spark Emerging Currency Losses as Stocks Slide
  Bloomberg
• Yuan weakens after People’s Bank of China cuts fixing by the most in eight months
  SCMP
• Emerging Markets Face Downgrades as Debt Cliff Nears, S&P Warns
  Bloomberg
• Productivity in U.S. Decreases for a Second Straight Quarter
  Bloomberg
• U.S. oil industry bankruptcy wave nears size of telecom bust
  Reuters
• Petrobras Boomtown Turns Desolate as Refinery's Billions Vanish
  Bloomberg
• China Bondholders Lose Their Beijing-Bailout Confidence
  WSJ
• Eggs, Steel Top Stocks in China's Commodities Frenzy: Chart
  Bloomberg
• Goldman Sachs advises cutting exposure to Chinese property sector despite tier 1 boom
  CNBC
• Bad loans and bankruptcies sound the alarm for Turkey's economy
  Reuters
• China to carry out more military drills in South China Sea
  Reuters
• Russia warns of retaliation if NATO makes more deployments in Eastern Europe
  Reuters

Evening

• U.S. Stocks Stumble as Growth Anxiety Returns; Dollar, Oil Climb
  Bloomberg
• Druckenmiller: Get out of the stock market, own gold
  CNBC
• ‘Hot Summer’ of Turbulence Wilts Lira as Erdogan Tightens Grip
  Bloomberg
• Rousseff's woes mount as Brazilian senator backs impeachment trial
  Reuters
• China’s fizz goes flat, even with far bigger credit stimuli
  FT

Tuesday, May 3, 2016

General

• Stocks Slide on Lackluster Growth as Yen Gains; Treasuries Rise
  Bloomberg
• Global stocks slide as yen, euro gains question policy thrust
  Reuters
• Brazil Real Declines Amid Intervention as Emerging Markets Slump
  Bloomberg
• Puerto Rico Defaults on Principal of $422 Million Debt Payment
  Reuters
• Chinese Stocks in Hong Kong Fall Most in Five Weeks on Insurers
  Bloomberg
• China's Caixin PMI Slips in April as Pockets of Weakness Remain
  Bloomberg
• Freddie Mac Won't Pay Treasury Dividend After $354 Million Loss
  Bloomberg
• Hedge Funds Under Attack as Steve Cohen Says Talent Is Thin
  Bloomberg
• Steven Cohen: hedge fund crowding caused major February loss
  Reuters
• The Super Rich Were the First to Bail During the Financial Crisis
  Bloomberg
• Australia's Central Bank Cuts Rates to Record Low
  Bloomberg
• China's banking regulator moves to contain off-balance sheet risk
  Reuters
• China Clamps Down on Tool for Banks to Report Lower Bad Loans
  Bloomberg
• China statistics bureau halts some commodities data amid probe
  Reuters
• China home prices grow faster in April despite tightening in big cities
  Reuters
• China financial regulator clamps down on shadow banking
  FT
• Puerto Rico Debt Crisis: Everything You Need to Know
  ABC

Evening

• The $571 Billion Debt Wall That Points to More Defaults in China
  Bloomberg
• China's Improbable Commodities Frenzy Leaves Stocks in the Dust
  Bloomberg
• Venezuela Bonds Tumble After Oil Output Falls More Than Expected
  Bloomberg
• China Presses Economists to Brighten Their Outlooks
  WSJ
• Million-dollar home market slumps
  CNBC
• Commodities become China’s hottest new casino
  FT
• Italian banks extend share price rout
  FT
• China’s Steel Makers Undercut Rivals as Economy Slows
  NYT
• Workers Are Getting a Bit More of the Economic Pie (and Shareholders Less)
  NYT, Irwin

Monday, May 2, 2016

General

• Puerto Rico Will Default on Bank Debt as Crisis Intensifies
  Bloomberg
• Gold Rallies Above $1,300 as Investors Like Low Interest Rates
  Bloomberg
• Euro Strengthens to More Than $1.15 for First Time Since August
  Bloomberg
• Brazilian Real Leads Losses as Central Bank Extends Intervention
  Bloomberg
• Wrong-Way Bets Rule U.S. Stock Market's $3 Trillion Recovery
  Bloomberg
• Growth at American Manufacturers Cools as Challenges Persist
  Bloomberg
• This Tech Bubble Is Bursting
  WSJ
• Goldman targets 'mass affluent' borrowers with unusual lending plan
  Reuters
• US banks sound caution on commercial property loans
  FT
• The Real Story Behind the U.S. Dollar's Decline
  Bloomberg
• BOJ sees little reason to act when households aren't listening
  Reuters
• China new loan surge does not augur massive stimulus: Xinhua commentary
  Reuters
• In China, the New Casino Is Iron Ore
  WSJ
• China Lending Inflates Real Estate, Stocks, Even Egg Futures
  NYT
• Spanish Politics Enters Uncharted Waters as Election Looms
  Bloomberg

Evening

• Puerto Rico Warns of More Defaults After Missing May Payment
  Bloomberg
• Hedge Fund Fees Slammed at Milken as Investors Join Buffett
  Bloomberg
• Gold's surge is making it feel a lot like late 2007
  CNBC

Sunday, May 1, 2016

General

• China April official factory activity PMI expands, but at slower pace
  Reuters
• World's Longest Negative Rate Experiment Shows Perversions Ahead
  Bloomberg
• Saudis Heed an Oil Warning From History
  Bloomberg
• U.S. Jobs, Abe Abroad, Fed Presidents, Tesla: Week Ahead May 2-7
  Bloomberg
• China trains 'fishing militia' to sail into disputed waters
  Reuters

Evening

• Japan Stocks Slide With Yen at 18-Month High; Crude, Copper Drop
  Bloomberg
• Asian Stocks Slide After Yen Caps Biggest Gain Since 2008 Crisis
  Bloomberg
• Puerto Rico declares moratorium on Government Development Bank's debt
  Reuters
• Q&A: Puerto Rico's debt crisis explained
  Associated Press
• Puerto Rico Will Default on Government Development Bank Debt
  Bloomberg
• Gold Keeps Shining as Funds Miss Out on Best Rally in Two Months
  Bloomberg
• Ultra Petroleum Files for Bankruptcy, Citing $3.9 Billion Debt
  Bloomberg
• Halliburton, Baker Hughes set to terminate $35B deal: Source
  Reuters
• Why the Fed will never get what it wants: Strategist
  CNBC