shows Archive

  • The latest monthly Tankan report from the Reuters survey Manufacturers' sentiment index +31 in October (vs +25 for September) - Manufacturers highest since June 2007 Service-sector index +30 in October (+34 in September)

    Japan – Reuters Tankan report shows Manufacturers index 31 in October (prior 25)

    The latest monthly Tankan report from the Reuters survey Manufacturers' sentiment index +31 in October (vs +25 for September) - Manufacturers highest since June 2007 Service-sector index +30 in October (+34 in September)
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  • AEP in The Telegraph with an article published last night 16 Oct Thanks to reader Dark Lord Alan B'Stard for the heads up. BBC Radio 4 highlighting the front page headlines too.

    ONS revisions in balance of payments data shows a GBP490bln write-down

    AEP in The Telegraph with an article published last night 16 Oct Thanks to reader Dark Lord Alan B'Stard for the heads up. BBC Radio 4 highlighting the front page headlines too.
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  • Some of the most powerful vessels in the U.S. Navy's arsenal are descending on South Korea for port visits before executing large scale naval drills with the Republic of South Korea Navy. This includes the arrival of the Ohio class nuclear guided missile submarine USS Michigan today and the Los Angeles class nuclear fast attack submarine USS Tucson just days ago. The supercarrier USS Ronald Reagan will arrive at the port of Busan next week along with her escorts. Unsurprisingly, North Korea is very unhappy about the naval buildup and has once again threatened a missile launch towards Guam before the drills commence. North Korea's threats to demonstrate a nuclear capable ballistic barrage near the U.S. territory of Guam are nothing new. This summer, as rhetoric between the U.S. and North Korea hit a crescendo, Pyongyang made the same threat, but after Kim Jong Un reviewed the plan, he supposedly decided to "wait and see" how events progress before executing the provocative la..

    U.S. Navy Shows Off Might In South Korea As North Threatens Guam Once Again

    Some of the most powerful vessels in the U.S. Navy's arsenal are descending on South Korea for port visits before executing large scale naval drills with the Republic of South Korea Navy. This includes the arrival of the Ohio class nuclear guided missile submarine USS Michigan today and the Los Angeles class nuclear fast attack submarine USS Tucson just days ago. The supercarrier USS Ronald Reagan will arrive at the port of Busan next week along with her escorts. Unsurprisingly, North Korea is very unhappy about the naval buildup and has once again threatened a missile launch towards Guam before the drills commence. North Korea's threats to demonstrate a nuclear capable ballistic barrage near the U.S. territory of Guam are nothing new. This summer, as rhetoric between the U.S. and North Korea hit a crescendo, Pyongyang made the same threat, but after Kim Jong Un reviewed the plan, he supposedly decided to "wait and see" how events progress before executing the provocative la..
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  • Related Stories Kobe Steel scandal expands to engines and tires Behind the scandal engulfing Kobe Steel Ltd. over the falsification of data for some of the materials it supplied is a harsh reality for Japanese steel companies: the need to provide higher quality metals to compete. Kobe Steel rocked Japan’s industrial economy with revelations this week that it faked data on the quality of some aluminum, copper and iron powder sales. CEO Hiroya Kawasaki said more cases could emerge as the company continues its investigations. Among those affected are automakers -- among the biggest customers for steel producers -- who have been seeking more advanced products to cut weight while retaining strength and versatility. “The steelmakers are really trying to protect their turf, because this is a life-and-death situation for them,” said Thanh Ha Pham, senior vice president in Japan for investment bank Jefferies Group LLC. ..

    Kobe scandal shows cost of race to keep improving metals

    Related Stories Kobe Steel scandal expands to engines and tires Behind the scandal engulfing Kobe Steel Ltd. over the falsification of data for some of the materials it supplied is a harsh reality for Japanese steel companies: the need to provide higher quality metals to compete. Kobe Steel rocked Japan’s industrial economy with revelations this week that it faked data on the quality of some aluminum, copper and iron powder sales. CEO Hiroya Kawasaki said more cases could emerge as the company continues its investigations. Among those affected are automakers -- among the biggest customers for steel producers -- who have been seeking more advanced products to cut weight while retaining strength and versatility. “The steelmakers are really trying to protect their turf, because this is a life-and-death situation for them,” said Thanh Ha Pham, senior vice president in Japan for investment bank Jefferies Group LLC. ..
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  • The euro declined against its major counterparts in the European session on Friday, after media reports showed that the European Central Bank is likely to extend its asset purchase program into next year, while reducing monthly purchases to 30 billion euros. The ECB officials are considering to trim their monthly bond buying to 30 billion euros from January and extend the program to September, according to Bloomberg. The central bank currently purchases bonds worth ?60 billion per month. The ECB meets on October 26, when it plans to unveil details about winding down its bond-buying program. Investors awaited the U.S. inflation and retail sales reports later in the day for more clues about monetary policy. Final data from Destatis showed that Germany's inflation held steady, as initially estimated, in September. Consumer prices advanced 1.8 percent year-on-year in September, the same rate as seen in August. The rate also matched the estimate published on September 28. The..

    Euro Weakens As Report Shows ECB To Extend QE Into 2018

    The euro declined against its major counterparts in the European session on Friday, after media reports showed that the European Central Bank is likely to extend its asset purchase program into next year, while reducing monthly purchases to 30 billion euros. The ECB officials are considering to trim their monthly bond buying to 30 billion euros from January and extend the program to September, according to Bloomberg. The central bank currently purchases bonds worth ?60 billion per month. The ECB meets on October 26, when it plans to unveil details about winding down its bond-buying program. Investors awaited the U.S. inflation and retail sales reports later in the day for more clues about monetary policy. Final data from Destatis showed that Germany's inflation held steady, as initially estimated, in September. Consumer prices advanced 1.8 percent year-on-year in September, the same rate as seen in August. The rate also matched the estimate published on September 28. The..
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  • We were pretty shocked when we saw that first-person video of a Sonoma County sheriff's deputy driving through one of the raging wildfires in California this week as emergency crews work to get people out of the path of the inferno. But this drone footage following a dedicated U.S. Post Office employee delivering mail in a completely burned-out neighborhood in Santa Rosa is one of the most striking things we've seen in a long time.The Postal Service gets a lot of knocks over their outdated technology and occasionally-questionable customer service, but the sight of this little Grumman LLV puttering through the apocalyptic remains of the city's Coffey Park neighborhood is both bizarre and uplifting all at once. At least a thousand homes in Santa Rosa went up in flames earlier this week, which means thousands of people have had their lives completely upended and worldly possessions destroyed.But just as "neither snow nor rain nor heat nor gloom of night stays these courie..

    Eerie Drone Footage Shows Postal Worker Deliver Mail in Wildfire-Destroyed Neighborhood

    We were pretty shocked when we saw that first-person video of a Sonoma County sheriff's deputy driving through one of the raging wildfires in California this week as emergency crews work to get people out of the path of the inferno. But this drone footage following a dedicated U.S. Post Office employee delivering mail in a completely burned-out neighborhood in Santa Rosa is one of the most striking things we've seen in a long time.The Postal Service gets a lot of knocks over their outdated technology and occasionally-questionable customer service, but the sight of this little Grumman LLV puttering through the apocalyptic remains of the city's Coffey Park neighborhood is both bizarre and uplifting all at once. At least a thousand homes in Santa Rosa went up in flames earlier this week, which means thousands of people have had their lives completely upended and worldly possessions destroyed.But just as "neither snow nor rain nor heat nor gloom of night stays these courie..
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  • Another, more production-looking C8 Corvette mule has been spotted in camouflage -- this time near Cadillac, Mich. That's a far cry from the company's proving grounds in Milford, Mich., meaning the prototype mid-engine Corvettes must be on a road-trip test run. The new photos show a true mid-engine layout with a shorter hood and long, sloping rear end, presumably where the engine sits. Its shape looks a lot like a Ferrari 458/488, which bodes well for the upcoming supercar. There are likely a lot of engine choices for this next world beater; Chevrolet's 650-hp LT4 comes to mind, but a simpler LT1 with 500 horses or so could also work. The other big question is price. Will it be a budget mid-engine lightning bolt or a nuclear-powered track monster a la the Porsche 911 GT2? That could mean the difference between $100,000 and $200,000. The different wheels on the prototype also look like production pieces. Some analysts believe the new 'Vette could made an appear..

    Chevy’s mid-engine Corvette shows more styling cues

    Another, more production-looking C8 Corvette mule has been spotted in camouflage -- this time near Cadillac, Mich. That's a far cry from the company's proving grounds in Milford, Mich., meaning the prototype mid-engine Corvettes must be on a road-trip test run. The new photos show a true mid-engine layout with a shorter hood and long, sloping rear end, presumably where the engine sits. Its shape looks a lot like a Ferrari 458/488, which bodes well for the upcoming supercar. There are likely a lot of engine choices for this next world beater; Chevrolet's 650-hp LT4 comes to mind, but a simpler LT1 with 500 horses or so could also work. The other big question is price. Will it be a budget mid-engine lightning bolt or a nuclear-powered track monster a la the Porsche 911 GT2? That could mean the difference between $100,000 and $200,000. The different wheels on the prototype also look like production pieces. Some analysts believe the new 'Vette could made an appear..
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  • This is the private survey result, ahead of official oil stock data (U.S. Department of Energy's Energy Information Administration's (EIA) Crude Oil Inventories).

    OIL – private survey data shows surprise build in US crude inventory

    This is the private survey result, ahead of official oil stock data (U.S. Department of Energy's Energy Information Administration's (EIA) Crude Oil Inventories).
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  • Nissan recalls every passenger vehicle it has sold in Japan over the past three years, thanks to an administrative gaffe.

    Nissan recall shows how strict Japan is

    Nissan recalls every passenger vehicle it has sold in Japan over the past three years, thanks to an administrative gaffe.
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  • Jason Holt believes Rangers have hushed the doubters who question the unity of the Ibrox squad.The build-up to last week’s clash with Hamilton was dominated by rumours of a dressing room split following their defeat to Celtic.Kenny Miller was banished from Pedro Caixinha’s first-team squad amid reports the manager had blamed the striker for leaking news of an angry post-Old Firm team meeting.???? Jason Holt has praised the togetherness in the @RangersFC squad.???? https://t.co/zxJ3MfGCxj pic.twitter.com/ivQIvAhNe0— Rangers FC (@RangersFC) October 6, 2017And the off-field drama appeared to be affecting Gers’ focus as they kicked-off against Accies, with the hosts taking the lead at the SuperSeal Stadium in the first minute.But the Light Blues recovered to win 4-1, with the Rangers players making their support for Caixinha clear as they swarmed round the under-pressure manager while celebrating Daniel Candeias’ strike.Now Holt says claims of cliques inside the Gers squad are wide..

    Jason Holt says Hamilton win shows Rangers are united under Pedro Caixinha

    Jason Holt believes Rangers have hushed the doubters who question the unity of the Ibrox squad.The build-up to last week’s clash with Hamilton was dominated by rumours of a dressing room split following their defeat to Celtic.Kenny Miller was banished from Pedro Caixinha’s first-team squad amid reports the manager had blamed the striker for leaking news of an angry post-Old Firm team meeting.???? Jason Holt has praised the togetherness in the @RangersFC squad.???? https://t.co/zxJ3MfGCxj pic.twitter.com/ivQIvAhNe0— Rangers FC (@RangersFC) October 6, 2017And the off-field drama appeared to be affecting Gers’ focus as they kicked-off against Accies, with the hosts taking the lead at the SuperSeal Stadium in the first minute.But the Light Blues recovered to win 4-1, with the Rangers players making their support for Caixinha clear as they swarmed round the under-pressure manager while celebrating Daniel Candeias’ strike.Now Holt says claims of cliques inside the Gers squad are wide..
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