econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 31 October 2016

Early Headlines: Asia Stocks Mixed, OPEC Talks Fail, Oil Drops, Comey In More Trouble Than Clinton?, Sweden Banks Prosper Even W. Neg. Rates, Vietnam Privatizing And More

Written by

Early Bird Headlines 31 October 2016

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

early-bird-301-180

Global

asia.pac.2016.oct.31

  • OPEC Fails to Finalize Proposal to Implement Production Cut (The Wall Street Journal) A weekend marathon of talks between major oil producers failed to finalize plans to implement an output cut, threatening the viability of an agreement reached last month to reduce production by as much as 2%. The discussions held at the headquarters of the Organization of the Petroleum Exporting Countries were supposed to pave the way for a detailed proposal on how to cut production by between 200,000 and 700,000 barrels a day, about 1% to 2%. The proposal is scheduled to be submitted to OPEC’s 14 member nations on Nov. 30. The following graphic is from The Daily Shot, showing the plunge in oil prices resulting:

U.S.

  • Campaigns Shift Focus to F.B.I. Director in Sunday Show Appearances (The New York Times) Hillary Clinton and Donald J. Trump were overshadowed in the presidential race on Sunday as a mysterious character dominated the spotlight from afar: James B. Comey, the director of the F.B.I. Mr. Comey, with his disclosure on Friday that the F.B.I. was reviewing additional emails that may be linked to Mrs. Clinton, effectively clouded the existing debate between the presidential candidates less than two weeks before Election Day. The strange turn in the race found vivid expression on the Sunday news programs, where surrogates for Mrs. Clinton and Mr. Trump abandoned their usual messages and battled instead over Mr. Comey’s conduct and his personal credibility - with only scant insight into the substance behind his announcement.

  • Harry Reid: FBI Director's 'Partisan Actions' May Violate Federal Law (The Wall Street Journal) Senate Democratic leader Harry Reid said FBI Director James Comey may have violated a federal law when he disclosed, less than two weeks before the presidential election, that his office was pursuing potential new evidence related to Democratic nominee Hillary Clinton’s use of a private email server as secretary of state. Mr. Reid was preparing to send a letter to Mr. Comey on Sunday saying he appears to be aiding one political party over another. He said that may violate the Hatch Act, which bars government officials from using their position to influence an election.

  • FBI Obtains Warrant for Newly Discovered Emails in Clinton Probe (NBC News) The FBI obtained a warrant to search emails related to the Hillary Clinton private server probe that were discovered on ex-congressman Anthony Weiner's laptop, law enforcement officials confirmed Sunday. The warrant came two days after FBI director James Comey revealed that the emails were linked to Weiner's estranged wife, top Clinton aide Huma Abedin. The FBI already had a warrant to search Weiner's laptop, but that only applied to evidence of his allegedly illicit communications with an underage girl.

  • Newly Discovered Emails Unlikely to Change FBI Decision Not to Charge Clinton, Experts Say (NBC News) When FBI Director James Comey told Congress that the FBI intends to review newly discovered emails in the investigation of Hillary Clinton, some observers speculated that the evidence could lead to federal charges against Clinton. According to former prosecutors and legal experts across the political spectrum, however, that is unlikely. While experts caution that it is hard to weigh the impact of largely unknown evidence, they say both the history of the FBI inquiry and the nature of the new emails make it unlikely that federal authorities would reverse course to charge Clinton.

  • FBI's Clinton email bombshell not illegal but raises questions about Comey, bureau (CNBC) The FBI's decision to reveal a probe into recently uncovered emails by Hillary Clinton wasn't illegal, but it was unprecedented and could damage the law enforcement agency more than it does Clinton, experts told CNBC. Andra Gillespie, a political science professor at Emory University, said an FBI director had never before unveiled an election-impacting investigation so close to the poll date. America is due to vote on its next president on November 8.

UK

Sweden

  • Sweden's Banks Do Well Even with Negative Rates (Walter Kurtz, Sober Look, The Daily Shot) Swedish banks have dramatically outperformed their European peers despite the nation's extended period of negative rates. This chart would suggest that negative rates are not always detrimental to a nation's banking sector performance.

Japan

  • Japan September industrial output stalls in worrying sign for economy (Reuters) Japan's industrial output stalled in September in a worrying sign that the economy, already struggling to mount a sure-footed recovery, may be losing some momentum due to weak consumer spending and exports. Separate data showed retail sales fell more than expected in September from a year ago, further evidence that private consumption remains a drag on growth. Industrial output was unchanged in September from the previous month. That compares with the median estimate in a Reuters poll of a 1.0% increase and followed a 1.3% increase in August.

  • Japan's Inflation is Sagging (Walter Kurtz, Sober Look, The Daily Shot) While the CPI report that showed a modest improvement, Japan's "core core" CPI managed to disappoint. This measure excludes energy while adjusting for the consumption tax hike. The trend does not look too promising.

China

  • China will need to be more transparent to achieve its development goals (The Conversation) The Chinese government will have to balance its desire to build quickly with the often-conflicting demands of transparency, politics, public consultation and accountability if it wants to achieve its economic development goals in Asia. One clear example of this is the overlapping interests involved in China’s Asian Infrastructure Investment Bank (AIIB) initiative, and its One Belt, One Road (OBOR) plan.

Click for larger image at The Conversation.

Vietnam

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Big Mess in Italy
Are You Feeling the Economic Surge?
News Blog
This Truck's Barrier Expands Out Of The Back For A Quarter Mile
October 2016 Manufacturing New Orders Improved
3Q2016 (Final): Headline Productivity Improves
October 2016 Trade Data Mixed
October 2016 CoreLogic Home Prices Year-over-Year Growth Rate Now Improved to 6.7%.
Taiwan, Trump And A Telephone: How A Simple Act Called Out A Contradiction In U.S. Diplomacy
Infographic Of The Day: A Beginner's Guide To Encryption
Early Headlines: Asia Stocks Up, Oil Down, GOP Healthcare, Trump Not Reagan Redux, EU Ending?, UK Lost Decade, Putin Taking Over Mid-East, Yuan 'Flash' Crash And More
December 5, 2016 Weather and Climate Report - December Update - Zonal Prevails
Irish Births And Baptisms Visualised
What Happens In The Smartphone Afterlife
Water Intoxication: Are We Drowning In Advice To Drink More Fluids?
The Worldwide Virtual Reality Market Is Set To Be Huge
Investing Blog
Momentum Issues A Warning
The Great Bond Crash Of 2016: 05 December Update
Opinion Blog
The Shale-War Is Over
Fake Science
Precious Metals Blog
Silver Prices Rebounded Today: Where They Are Headed
Live Markets
06Dec2016 Market Close: Wall Street Closed Higher, Commodities Remain Weak, The Bull Marches On
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government



Crowdfunding ....






























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved