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Stocks extend round of gains
Edit Times Union 09 Jun 2016
Metals prices jumped as the dollar got weaker ... Kate Warne, an investment strategist for Edward Jones, said the dollar weakness won't last. the Federal Reserve is preparing to raise interest rates, which will make the dollar stronger, while stimulus policies of central banks in Europe and Japan will cause their own currencies to depreciate....
Actually, Tesla doesn't get that much money from the government
Edit Business Insider 09 Jun 2016
One of the most prominent criticisms of Tesla is the idea that the company relies heavily on government subsidies, incentives, and other forms of support ... Show me the money ... is the federal tax incentive of up to $7,500 ... More from The Motley Fool. ... Here’s His New Pick Forget Apple! Here's a Better Stock to Buy Shark Tank Just Revealed a Trillion-Dollar Idea 11 Rules For Building Wealth After 50 Kansas Man Turns $10,000 into $8 Million....
Government warned over clean tech revolution 'backtracking'
Edit Belfast Telegraph 09 Jun 2016
The country risks missing out on the opportunities of the clean tech revolution, where 1.9 trillion US dollars (£1.3 trillion) is set to be spent on low carbon power, energy efficiency and technology to capture carbon emissions by 2030, they said ... "It is clearly in the interests of UK plc to secure as much as possible of the multi-billion ......
Richard Petty’s 1979 STP paint scheme to return at Darlington on Sept. 4
Edit The Examiner 09 Jun 2016
43 Ford onto the Darlington Raceway track for the Bojangles’ Southern 500 on Sunday, Sept ... 1979 was the year ESPN became a network, McDonald's introduced the Happy Meal and Richard Petty won the Daytona 500 in front of an estimated 16 million viewers watching NASCAR's first ever flag-to-flag televised race ... But it was the Daytona 500 that captured the imagination of race fans ... Almirola started and finished 11th in the 500-mile race....
Overnight Markets: Wall Street surges as dollar dips
Edit Citywire 09 Jun 2016
Wall Street surged on Wednesday, with the Dow Jones closing above 18,000 for the first time since April, as declines in the dollar lifted some commodity-related shares and boosted the outlook for multinationals ... The S&P 500 gained seven points, or 0.33%, to 2,119, while the Nasdaq Composite added 13 points, or 0.26%, to 4,975. The S&P 500 materials index climbed 0.6% following gains in copper and gold prices....
U.S. stocks extend gains as mining and machinery makers rise
Edit Denver Post 09 Jun 2016
Metals prices jumped as the dollar got weaker ... Kate Warne, an investment strategist for Edward Jones, said the dollar weakness won’t last. the Federal Reserve is preparing to eventually raise interest rates, which will make the dollar stronger, while stimulus policies of central banks in Europe and Japan will cause their own currencies to depreciate. “The dollar will bounce around,” she said....
S. Korea cuts policy rate to all-time low of 1.25 pct
Edit Xinhua 09 Jun 2016
SEOUL, June 9 (Xinhua) -- South Korea's central bank unexpectedly cut its policy rate by 25 basis points to 1.25 percent on Thursday, a day after the announcement to create 11 trillion-won (9.5 billion U.S. dollars) funds, mainly covered by the bank, to help restructure shipping and shipbuilding industries ... More than 90 percent of the 11 trillion-won ......
Emerging markets over the worst, says JP Morgan
Edit Sydney Morning Herald 09 Jun 2016
The Fed's ongoing hesitancy had helped reverse what was shaping up as a massive outflow of investment capital from emerging markets into US dollar assets in the lead-up to, and aftermath of, the Fed's December interest rate rise, the first in almost a decade ... US dollar denominated debt of non-banks stands at $US9.7 trillion, about one-third of which is borrowing by firms in emerging market economies. ....
Asian shares mostly lower despite US stocks' gains
Edit The Oklahoman 09 Jun 2016
MANILA, Philippines (AP) — Asian shares were mostly lower Thursday despite gains on Wall Street as a weaker dollar negatively impacted Japanese stocks and investors weigh risks amid the Federal Reserve's cautious stance about tightening rates ... Metals prices jumped as the dollar got weaker ... The Standard & Poor's 500 index gained 6.99 points, or 0.3 percent, to 2,119.12 ... The dollar slid to 106.60 to the yen from 106.94 the previous day....
Partners Group in Talks to Buy Foncia From Eurazeo, Bridgepoint
Edit Bloomberg 09 Jun 2016
French daily Les Echos reported in March that Rothschild had been appointed to manage the sale, and that Eurazeo and Bridgepoint were hoping for ......
The shadow looming over china
Edit The Times of India 09 Jun 2016
Wealth management products held as receivables now account for approximately 3 trillion yuan of interbank holdings, or around $500 billion -- a number that's grown sixfold in three years, as Bloomberg Gadfly's Andy Mukherjee pointed out recently ... In total, the big four state-owned banks hold more than $2 trillion in what's classified as "financial investment," much of it in trusts and wealth-management products....
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