Markets


BoJ Offers To Buy Unlimited JGBs At Fixed Rates For First Time BoJ Offers To Buy Unlimited JGBs At Fixed Rates For First Time
- November 17, 2016

The market's response was quick, with the five-year JGB yield falling back to minus 0.095 percent from minus 0.065 percent. During Asian trade, US crude futures fell 0.35 percent to $45.41 a barrel, while Brent futures shed 0.34 percent to $46.47 a barrel. (more...)
Dak Prescott says Cowboys 'our team' after Romo's concession
- November 17, 2016

Over and over, again, you have to prove it. That's the way that the NFL, that's the way that football works. Dak Prescott is who he was. "He's earned the right to be our quarterback", Romo said . One of the best things Dak has done is handle the different ups and downs of a ball game, the different adversities and continue to play. He told the media that the rookie quarterback Dak Prescott has the right to be the in the team and passed on his legacy to Prescott. (more...)
Tirico replacing Michaels for 4 NBC prime-time games Tirico replacing Michaels for 4 NBC prime-time games
- November 17, 2016

But the National Football League put the kibosh on that assumption in August, citing a contractual agreement that called for the same broadcasters for both the Thursday night and Sunday night games. No word if Tirico will be asked to sing the Carrie Underwood "Oh Sunday Night" theme as a sort of hazing ritual. Jets and December 25 Baltimore-Pittsburgh games, which will be televised on NFL Network. (more...)
Reserve Bank of India to launch ATM task force
- November 17, 2016

Meanwhile, many people had complaints about non-availability of cash at the banks and ATMs. "Re-activation of ATMs extends the availability and disbursal of notes for the customers of banks at convenient time and location in judicious mix of higher and lower denominations". (more...)
Dow Set for Triple-Digit Gains as Traders Digest Trump Victory Dow Set for Triple-Digit Gains as Traders Digest Trump Victory
- November 17, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent, with Korean shares.KS11 off 0.5 percent. Asian shares have shed early gains, tumbling Wednesday a. Currency markets also recovered with the US dollar trading at 105.60 yen, up from about 101 yen per dollar at its lowest on Wednesday. The dollar rose to as high as 106.95 yen, its highest since late July, compared to around 105.15 yen before the elections. (more...)
Pakistan holds military exercise close to Indian border
- November 17, 2016

Meanwhile, Pakistan's top foreign policy official said on Tuesday he plans to attend the Heart of Asia conference in India and suggested the visit could be used to "defuse the tension" between the neighbours. Tensions have run high since Indian troops killed a Kashmiri militant leader in July. The killing ignited some of the most violent protests in years, and dozens of people have been killed in India's resulting crackdown. (more...)
Barack Obama has 'concerns' over President-elect Donald Trump
- November 17, 2016

He told journalists he thinks Mr Trump will try to send some signals of unity to people who were alienated by what was a ferocious campaign. "I would say don't do it, that's bad, because I'm going to bring this country together". While admitting that he had "concerns" about his successor, the message Obama delivered on Monday was created to comfort those still ill at ease with Trump - and a lesson for the billionaire populist in the art of the presidency. (more...)
Rolls-Royce takes £900m hit to profits
- November 17, 2016

Rolls-Royce's full year results for 2016 will be published on 14 February 2017. Rolls-Royce is predicting a £50 million benefit this year with incremental savings of £90-120 million in 2017, adding that exceptional costs this year are unchanged at £75-100 million. (more...)
Donald Trump open to amending Obamacare Donald Trump open to amending Obamacare
- November 17, 2016

But in an interview with the Wall Street Journal published Friday , Trump said, "Either Obamacare will be amended, or repealed and replaced". Trump repeatedly attacked the Affordable Care Act, nicknamed " Obamacare ", throughout the election campaign. (more...)
Snapchat has filed confidentially for its IPO Snapchat has filed confidentially for its IPO
- November 17, 2016

Oh Snap , indeed! The company formerly known as Snapchat is going public, at least that's according to a report from Reuters , citing sources. It isn't clear what's caused the valuation to edge downward. If so, it would be the largest IPO ( initial public offering ) since 2014, when Chinese e-commerce giant Alibaba hit the market valued at $170.9bn. (more...)
House prices rise by 7.7% House prices rise by 7.7%
- November 17, 2016

The average price in Northern Ireland increased by 5.4 per cent over the year and now stands at £124,000. Nick Davies, head of sesidential development at Stirling Ackroyd, said: "The majority of the growth in London's house prices is coming from the more affordable parts of East London and the outer boroughs". (more...)
Tata-Mistry feud: Key board meets of 2 Tata group companies today Tata-Mistry feud: Key board meets of 2 Tata group companies today
- November 17, 2016

Cyrus Mistry's "hostility" to primary promoters had led to his removal as chairman of Tata Global Beverages as it posed significant risk to the company's future performance, said the new head, Harish Bhat. In recent board meets of group companies like Tata Motors and The Indian Hotels the independent directors of the board have reaffirmed the faith in the erstwhile chairman, Cyrus Mistry. (more...)
Cash withdrawal concessions to farmers, agri-traders, weddings Cash withdrawal concessions to farmers, agri-traders, weddings
- November 17, 2016

People will have to self-declare that money will withdrawn from only one account in the family. "The government has made a decision to permit farmers to draw up to Rs. However, the limit to exchange old currency notes at banks has been reduced from Rs 4,500 to Rs 2,000 per person from November 18. However, this will only be permitted for those accounts that are KYC compliant, Das said. (more...)
OPEC pushes for consensus on oil cut, gaps narrowing OPEC pushes for consensus on oil cut, gaps narrowing
- November 17, 2016

Oil retreated for the past three weeks amid skepticism about the ability of OPEC to implement a deal at its November 30 meeting. "We see enough cooperation between these two oil power houses to keep a significant amount of OPEC premium embedded in the market", Jim Ritterbusch, president of Chicago-based energy advisory Ritterbusch & Associates, said in a note. (more...)
Local police awaiting specifics of Trump immigration plans Local police awaiting specifics of Trump immigration plans
- November 17, 2016

A spokesperson for Kobach did not respond to a request for further details. On Monday, San Francisco Mayor Ed Lee said he would give up federal funds rather than scrap the city's sanctuary city policy. It's also been used to refer to cities that bar employees, including police, from inquiring about a person's immigration status, on the grounds that crime victims and witnesses might be less likely to talk to investigators if they're anxious about being deported. (more...)
Move over White House: he has base in NY tower Move over White House: he has base in NY tower
- November 17, 2016

Christie will still be involved in the transition, joining a cluster of other steadfast Trump supporters serving as vice chairmen: former House Speaker Newt Gingrich , retired neurosurgeon Ben Carson, retired Lt. Not long ago Trump was leading crowds in chants of "Lock her up!" She previously led a "super PAC" that supported Ted Cruz's presidential bid and was funded by the Mercer family, who would later become prominent Trump backers. (more...)
Lame duck FCC chairman cancels controversial vote Lame duck FCC chairman cancels controversial vote
- November 17, 2016

The latter is on circulation for a vote by the other commissioners, while the former is scheduled for a public vote November 17. Industry insiders say that Wheeler will likely step down not long after Donald Trump is inaugurated on January 20. (more...)
Hillary Clinton surpasses 1M popular vote lead over Donald Trump Hillary Clinton surpasses 1M popular vote lead over Donald Trump
- November 17, 2016

Rendell says the 120 essay results were interesting: there was a 60/40 split favoring amending the Constitution and doing away with the Electoral College. Now, Democrats such as California's Sen. Placing Micheal Baca's Electoral College fantasy on the front page is absurd. "The Electoral College is an outdated, undemocratic system that does not reflect our modern society, and it needs to change immediately", Boxer said in the statement. (more...)
Scotland to challenge Theresa May's Brexit plan Scotland to challenge Theresa May's Brexit plan
- November 17, 2016

The British government said on Tuesday it would appeal this week against a High Court ruling that the prime minister can not start the process of leaving the European Union without parliament's approval. "I think we all have to remember, and what MPs [ministers of parliament] and peers have to remember, is that we had a vote on 23 June", May said at Heathrow Airport as she left for a trade mission in India. (more...)
Bernie Sanders Offers Colbert the 'Worst Case Scenario' for the Trump Presidency
- November 17, 2016

President-elect Donald Trump met Wednesday with one of his harshest critics, New York City Mayor Bill De Blasio. Mr Sanders, who lost to Ms Clinton in the race to become the Democratic Party's presidential candidate, said he was working on ways to overhaul the leadership of the party and how it interacts with the electorate. (more...)

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