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Asian stock markets regain ground despite warning lights for global economy

first_imgRead more: German economy shrinks in second quarter as exports slump Harry Robertson Trump tweeted: “Good things were stated on the call with China the other day.” More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Some analysts were chalking up the bounce in Asian stock markets to a revaluation of the inversion of the yield curve.  A man walks in front of an electronic stock indicator displaying the share price of the Tokyo Stock Exchange in Tokyo on August 5, 2019. – Tokyo stocks closed sharply lower on August 5, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes. (Photo by Kazuhiro NOGI / AFP) (Photo credit should read KAZUHIRO NOGI/AFP/Getty Images) whatsapp A yield curve inversion means the yields – the interest holders receive – on long-dated bonds falls below those on shorter-dated bonds. It shows that markets think there is a high risk to future growth. Yet the index had recovered by 7am UK time to be broadly flat. Hong Kong’s Hang Seng index was also flat after opening downwards. Japan’s Nikkei 225 was 1.2 per cent lower as fears over a recession drove investors towards the yen, traditionally a so-called safe haven at times of stress, pushing up costs for the country’s companies. China’s SSE Composite index had opened around 1.6 per cent lower after the government bond “yield curve” inverted in both the US and the UK, which traditionally heralds a recession. Yesterday, Chinese industrial output growth was shown to have slowed to a 17-year low. “He called for a ‘humane’ outcome in order to achieve a trade deal, and that helped markets move higher this morning.” It looked as though Asian stock markets were copying those in Europe and the US, which shed between 1.8 and 3.1 per cent yesterday. Asian stock markets regain ground despite warning lights for global economy whatsapp The Australian stock index the ASX closed down 2.9 per cent on fears of a US recession and a slowdown in China, which sent its banks and miners tumbling. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeWolf & ShepherdNFL Star Rob Gronkowski Loves These ShoesWolf & ShepherdUndoStuff AnsweredBest Mattress Deals for Seniors 2020Stuff AnsweredUndoBill CruncherArizona Drivers With No DUI’s Getting A Pay Day This Month (Check If You Qualify)Bill CruncherUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoUnderstand Solar$0 Down Solar in Scottsdale. How Much Can You Save? Try Our Free Solar Calculator Now.Understand SolarUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoElvenarIf You Are Above 30, this Fantasy Game is a Must-Have. No Install.ElvenarUndoSenior Cars | Search AdsThe Best SUVs for Seniors (The Price Might Surprise You)Senior Cars | Search AdsUndoFinance DailyHomeowners Born Before 1985 Can Get This Huge Benefit in June (But You Must Request It)Finance DailyUndo He went on to say: “I know President Xi of China very well. He is a great leader who very much has the respect of his people. He is also a good man in a “tough business.” I have ZERO doubt that if President Xi wants to quickly and humanely solve the Hong Kong problem, he can do it. Personal meeting?” David Madden, market analyst at CMC Markets, said that US President Donald Trump “tweeted about requesting a private meeting with [Chinese President] Xi Jinping in relation to Hong Kong”. Share Yet former chair of the US Federal Reserve Janet Yellen told Fox Business Network that she thought “the US economy has enough strength to avoid” a recession. “But the odds have clearly risen and they are higher than I’m frankly comfortable with.” Read more: Recession warnings flash red as ‘yield curve’ inverts in UK and US Thursday 15 August 2019 7:55 am Equities in Asia recovered some ground as they raced towards market close after following their American and European counterparts downwards in the wake of a raft of bad economic data and indicators. Asian stock markets have bounced somewhat following a tweet from US President Donald Trump floating a personal meeting with Chinese President Xi Jinping and saying “good things were stated” on a phone call between the two sides. Overnight, the country’s central bank deputy governor Guy Debelle warned that Australia was threatened by the US-China trade war.last_img read more

Police union holds town hall to discuss crime, staffing shortages

first_imgCrime & Courts | Juneau | Public SafetyPolice union holds town hall to discuss crime, staffing shortagesJanuary 12, 2019 by Adelyn Baxter, KTOO Share:A Juneau Police Department cruiser closes the inbound lanes of Egan Drive after a truck rollover on July 25th, 2016. (Photo by Mikko Wilson / KTOO)Juneau’s law enforcement union held a public meeting Thursday night to hear from the community and share information about increasing crime rates in Juneau.The union began contract negotiations with the city on Thursday and hopes to leverage public safety concerns to address pay and staffing shortages.Audio Playerhttps://media.ktoo.org/2019/01/11policeunion.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.About 60 residents attended the town hall, and about a dozen spoke to the union representatives from the Juneau Police Department and Alaska State Troopers about their experience with crime in the capital.One of them was Evanne Katasse-Roberts, a resident of Switzer Village in Lemon Creek.She talked about the frustration she and her family have felt watching a series of suspected drug dealers cycle through their neighborhood.She said she’s seen the amount of discarded needles and more drug activity around her home spike in the last few years.She estimates she calls the police two or three times a week, and while she says they’re responsive, the problem doesn’t go away.“I want to know what I can do to help our police officers, our state troopers, to get ahold of this epidemic,” Katasse-Roberts said. “It’s ridiculous, everything that myself and my family have endured and witnessed in my neighborhood.”Juneau Police Sgt. Sterling Salisbury, the chapter president for the Public Safety Employees Association, said that’s a common refrain.“We have seen an uptick in crime over the past three years and don’t feel, as a union, that our city is approaching it with a theory of ‘we need more police officers on the street,’” Salisbury said after the meeting.In a presentation, the union representatives said JPD has lost 17 officers to other agencies since 2010.They said the losses, coupled with problems attracting new officers, have led to continued vacancies in the department.That means they have as few as three officers on duty at a given time.“I’ve been a cop for almost 12 years and I’ve never seen it to where we were fully staffed,” Salisbury said.In July, the Juneau Assembly approved a 2 percent raise for police personnel and retention bonuses for sworn officers hoping to address the hiring shortages.But Salisbury said it’s not enough.He said they need more than a dozen additional officers — on top of the positions they’re already allotted — to address the number of calls coming in.“The problem that we have with that is we can’t hire enough people to even fill those positions. So in one respect we’re very appreciative, but we still need the help in getting more people in the door,” Salisbury said.Both JPD officers and state troopers point to retirement benefits as a major factor hurting retention.While Salisbury acknowledges that a return to a pension-style retirement plan would need to happen at the state level, they can advocate for better wages.“In this day and age when people don’t want to be cops, and that’s what we’re going to have to turn to, is trying to be a competitive agency where people want to come and work,” Salisbury said.Police Chief Ed Mercer attended the meeting but did not speak.He’s scheduled to present an update on crime at a Juneau Assembly committee meeting on Monday.Share this story:last_img read more

Colder weather boosts Centrica in first quarter

first_img Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthyTed Health Magazine10 Surprising Benefits of Bananas You Possibly Didn’t Know AboutHealthyTed Health MagazineAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinancezenherald.comArchie Issued New Birth Certificate After Harry’s Title Revokedzenherald.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmMisterStoryWoman files for divorce after seeing this photoMisterStoryAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorGundry MDTop Doc: Simple “Trick” To Help Fight FatigueGundry MDElite HeraldKate Middleton Just Dropped An Unexpected Baby BombshellElite Herald Monday 27 April 2015 9:28 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Express KCS center_img Share whatsapp Colder weather boosts Centrica in first quarter UTILITIES group Centrica delivered a more positive update to the market yesterday, following a profit warning and dividend cut announced along with its 2014 results in February, and said trading continues in line with previous guidance.The company said colder-than-usual weather in the UK and across North America in the year to date had led to higher than expected energy consumption in British Gas and Direct Energy, its US and Canada business. Average residential gas consumption by British Gas customers was 10 per cent higher year-on-year during the first three months of 2015, while average electricity consumption was up by two per cent. The group said its upstream gas and power business, Centrica Energy, continues to be “impacted by the low commodity price environment”. Centrica said it is still on track to meet a target of 25 per cent reduction in capital expenditure to around £800m in 2015, and a 40 per cent reduction to £650m next year.Meanwhile, the company also said it is continuing to engage with the Competition and Markets Authority (CMA) on its investigation into pricing in the UK energy market, with provisional findings expected before the end of June.Analysts at Whitman Howard said that “once the dust has settled” following the CMA review and upcoming General Election “the intrinsic value in Centrica should begin to feed through”.Shares in the company closed up by 1.74 per cent yesterday. Tags: NULLlast_img read more

News / Sudden surge in air freight demand ex-Asia sees backlog build up

first_imgBy Alex Lennane 10/11/2015 A sudden surge in air freight demand has led to cargo building up in Asian airports, according to Expeditors.A perfect storm of increased manufacturing activity after China’s October holiday has seen shippers looking to get goods quickly out of major cities including Hong Kong, Shanghai, Beijing, Chongqing, Tianjin and Guangzhou. Shippers are converting ocean shipments to air to beat the pre-Christmas rush to the US and Europe.The forwarder said transhipment through Taiwan and South Korea had also been affected.The situation has been compounded by the Chinese Civil Aviation Administration’s decision to ban ad hoc charters out of Shanghai, Tianjin and Shenyang until the start of next month, as reported by The Loadstar last week. The authority has restricted additional charter capacity, extra flights and new lane applications –  a result of poor punctuality ratings, it said, although there is some doubt in the market over this claim. It has affected Shanghai most of all, where backlogs are starting to pile up.Expeditors noted that some carriers had also suffered crew shortages and mechanical issues, while few have put on extra capacity to deal with the additional demand.last_img read more

Emergency services at the scene of three-car crash on Laois-Kildare border

first_img Delaney’s Roadhouse at Jamestown near Ballybrittas Emergency services are attending the scene of a three-car collision on the old main road at Jamestown between Ballybrittas and Portlaoise.The accident occurred at about 7.30pm this evening near the Delaney’s Roadhouse restaurant.The road has been closed and diversions in place. Facebook Community Council Twitter Facebook TAGSBallybrittasJamestownMonasterevin Laois County Council create ‘bigger and better’ disability parking spaces to replace ones occupied for outdoor dining By Steven Miller – 5th March 2018 Pinterest Emergency services at the scene of three-car crash on Laois-Kildare border Twittercenter_img WhatsApp WhatsApp Laois County Council team up with top chef for online demonstration on tips for reducing food waste Rugby Ten Laois based players named on Leinster rugby U-18 girls squad RELATED ARTICLESMORE FROM AUTHOR Home News Emergency services at the scene of three-car crash on Laois-Kildare border News “There is a collision on the Ballybrittas/Monasterevin Rd (R445) north of Ballybrittas,” reported the AA Roadwatch website.“The road is blocked, use an alternative route.”Motorists have been advised to take extreme care in the aftermath of the recent snow storm. While most roads are passable, snow remains in places.SEE ALSO – Up to 70 new jobs could be on their way to Portarlington Pinterest Previous articleNew company aiming to create 70 jobs in PortarlingtonNext articleIn Numbers: Some of the stats as the Order of Malta are stood down after hectic couple of days Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point.last_img read more

AlphaNorth 2011 Flow-Through LP completes rollover

Mackenzie to wind up corporate class funds AlphaNorth 2011 Flow-Through Limited Partnership has completed the transfer of its assets to the newly launched AlphaNorth Resource Fund, a class of shares of AlphaNorth Mutual Funds Ltd. The transfer, effective February 22, was completed in exchange for Series B shares of the Resource Fund on a tax-deferred basis. Each limited partner received 0.115337 Resource Fund shares for each partnership unit held. The Resource Fund, a class of AlphaNorth Mutual Funds Ltd., is an open-ended mutual fund available for purchase through Series A and Series F for fee based accounts. The Resource Fund seeks to generate strong returns by investing in Canadian resource companies that offer attractive risk-reward characteristics. The fund will focus primarily on Canadian junior and intermediate resource companies, however, up to 25% of the fund may be invested in foreign markets. Toronto-based AlphaNorth Asset Management (AAM), will provide investment advisory and portfolio management services and will direct the day-to-day business operation and affairs of the Resource Fund. “Equities have lagged the underlying strength in many commodities,” said Palmer. “This is a timely launch as our bullish macro call presents a compelling risk/reward opportunity from current levels for resource equities.” AAM believes that small cap equities are the best performing asset class over the long-term, particularly following a period of significant decline as was the case in 2011 and 2012. AAM also manages the AlphaNorth 2012 Flow-Through Limited Partnership, the AlphaNorth Growth Fund and the AlphaNorth Partners Fund. Related news TDAM revises product suite Keywords Corporate class mutual fundsCompanies AlphaNorth Facebook LinkedIn Twitter Corporate-class funds offer tax benefits Share this article and your comments with peers on social media IE Staff read more

Excel Funds announces subadvisor change

first_img Change to Counsel Global Small Cap Fund Franklin Templeton renames funds with new managers “China AMC is the largest mutual fund manager in China with an impressive performance track record and first-class client services,” says Bhim Asdhir, president and CEO of Excel Funds, in a statement. “During the next phase of China’s long-term development story, we believe that growth will come from consumption, health care and high-end manufacturing,” he adds, “and China AMC is best positioned to capitalize on these opportunities.” Established in 1998, China AMC provides investment advisory services to approximately 35,000 institutional investors and 24 million retail investors, with total assets under management of more than $148 billion as of June 30. Facebook LinkedIn Twitter IE Staff NEO, Invesco launch four index PTFs Mississauga, Ont.-based Excel Funds Management Inc. announced on Wednesday that China Asset Management Co. Ltd. (China AMC), one of the subadvisors to Excel China Fund, has been appointed to manage all of that fund’s assets as of Nov. 27. London, U.K.-based Baring International Investment Ltd. and Hong Kong-based Baring Asset Management (Asia) Ltd. will cease to act as co-subadvisors for China AMC on that date. Keywords Fund managersCompanies Excel Funds Share this article and your comments with peers on social media Related newslast_img read more

Full Complement of Government Senators Appointed

first_imgAdvertisements FacebookTwitterWhatsAppEmail The Prime Minister, the Honourable Bruce Golding has named the additional persons who have been appointed Government Senators.In a letter to the Governor General, The Most Honourable Professor Kenneth Hall, Prime Minister Golding advised that the six were: Dr. Oswald Harding, Mr. Ian Murray, Mr. Thomas Tavares-Finson, Mr. Desmond McKenzie, Mr. Dennis Meadows and Mrs. Hyacinth Bennett.Their appointment took effect on Monday, 24th September 2007.The Government Senators appointed before, were Mr. Warren Newby, Parliamentary Secretary in the Ministry of Information, Culture, Youth and Sports; Mr. Aundre Franklyn, Parliamentary Secretary in the Ministry of Health and Environment; Dr. Ronald Robinson, Minister of State in the Ministry of Foreign Affairs and Foreign Trade; Mr. Arthur Williams, Minister of State in the Ministry of National Security; Ms. Dorothy Lightbourne, Attorney General and Minister of Justice; Mr. Dwight Nelson, Minister without Portfolio in the Ministry of Finance and Public Service and Mr. Don Wehby, Minister without Portfolio in the Ministry of Finance and Public Service. RelatedFull Complement of Government Senators Appointed RelatedFull Complement of Government Senators Appointedcenter_img RelatedFull Complement of Government Senators Appointed Full Complement of Government Senators Appointed UncategorizedSeptember 25, 2007last_img read more

Council awards Adventure Playground construction contract

first_imgCouncil awards Adventure Playground construction contract Council has awarded Aspect Contractors a $3.76M contract to design and build Noosa’s new all-abilities Hinterland Adventure Playground.Design concept, Hinterland Adventure Playground, Cooroy.Noosa Mayor Clare Stewart said Council hoped to have the project finished for Christmas.“We’ll be doing all we can to get the playground completed in December to give local and visiting children a treat in time for the festive season,” she said.Designs for the all-abilities playground include a double flying-fox, climbing tower with slide, climbing structures with swings, water play area, picnic shelters and an amenities block.“Following today’s decision the contractor can now formalise the concept designs and break ground on the Cooroy site shortly,” the Mayor said.Council’s Acting Infrastructure Services Director, Bryan O’Connor, said Aspect Contractors had significant experience building similar projects.“They have a strong track record with Council, they are highly capable and well resourced,” he said.Mayor Stewart said that by working with prospective contractors as part of the procurement process, Council was able to keep costs down without compromising on the designs.“We have stayed true to the original brief which was for an iconic, nature-based, all-abilities playground that will attract people to Cooroy and cater for locals too,” the Mayor said.“We’re thrilled to receive $2.78M from the State Government toward the cost of delivering this exciting one-of-a-kind facility for our community.“Nature-based playgrounds not only offer children obvious exercise benefits but they encourage their social and emotional development, cultivate their imaginations and an appreciation of nature,” Cr Stewart said.As part of the development, Cooroy will also gain new car parking spaces and new public toilet facilities, which the community asked for.Council last week approved a Material Change of Use application for the Maple Street site, with conditions to address flooding concerns, including a flood warning system and fencing.Construction of the parking area forms part of a separate tender process, which will be reported to Council for a decision shortly. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:bathroom, building, car, children, Clare, community, Cooroy, council, director, exercise, Government, infrastructure, Noosa, Noosa Council, project, season, Waterlast_img read more

Appeal to patients to vote for ‘Healthy Nation’

first_img Menopause to become the next game-changer in global femtech solutions industry by 2025 Phoenix Business Consulting invests in telehealth platform Healpha Read Article News Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Share Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Healthy NationLok Sabha electionZen Multispecialty Hospital Related Posts The missing informal workers in India’s vaccine story Appeal to patients to vote for ‘Healthy Nation’ Comments (0) WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals By EH News Bureau on April 22, 2019 Add Comment MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Zen Multispecialty Hospital urges people to voice opinions, exercise voting right for a healthy and wealthy nationVoting is the fundamental right of the citizens of India. Voting will also enable citizens to realize the importance of citizenship. Many people do not vote thinking one vote will not make a change, but as a matter of fact, it does. Making a responsible choice can help the country to grow by leaps and bounds, and bring a revolutionary change in fields like healthcare, and it is vital for socio-economic development. Taking note of the upcoming Lok Sabha election, doctors, nurses and para-medical staff of Zen Multispecialty Hospital came up with a unique initiative.The campaign by the hospital began with aims to create awareness regarding voting and appealing to people to do their bit, step out and vote with an impactful message, “Vote for a healthy nation,” on the prescription notepad. Appeal by doctors/ staff will help educate patients regarding their basic right. This awareness campaign carried out at the reception area of the hospital, as well as it will run on a digital platform through creative post/ video.Dr Roy Patankar, Director, Zen Multispecialty says, “India is the largest democracy in the world. So, it is the responsibility of every Indian to come out, vote and help increase the voting percentage for the development of our country. It’s our primary right to choose the right government and leaders for our nation. Hence, like medication, voting is equally essential. Come let’s exercise our right, vote, and discharge our responsibilities towards the country. Get, set and vote!”last_img read more