Go deeper: How depreciating money could save the global economy
|
|
Want to take a trip in someone else's depreciating asset?
|
|
TC: You mentioned that some patents are depreciating in value.
|
|
"It's better to buy appreciating assets than depreciating," he says.
|
|
" But Mr. Lenihan noted that "cool is a depreciating asset.
|
|
Recently the currency has been depreciating rapidly on the black market.
|
|
"All currencies are depreciating against the dollar," Macri said to Radio Mitre.
|
|
So carrying forward business losses or depreciating assets would affect Trump's personal returns.
|
|
David Einhorn's Greenlight Capital holds options on the yuan depreciating, the report said.
|
|
But with a depreciating currency, lower share prices become more appealing to investors.
|
|
HARUHIKO KURODA: You see, I don't think-- Japan is-- intentionally depreciating the currency.
|
|
There's only one problem: the depreciating effect this has on a country's currency.
|
|
"No Central Bank would stand by while its currency is depreciating," he said.
|
|
In my late 20s, I saw cars as expensive, depreciating steel death cages.
|
|
The value of such reassurances is depreciating almost as fast as the pound.
|
|
People can rent out their vehicles and make money on a depreciating asset.
|
|
"Going beyond that is a bad investment on a depreciating asset," he said.
|
|
The change around depreciating equipment would boost reported Ebitda, flattering this leverage metric.
|
|
Currencies performed as expected during a period of economic weakness, depreciating to restore competitiveness.
|
|
Almost all hardware is a depreciating asset: why would we want to own it?
|
|
Crude oil prices surged in January on strong global demand and a depreciating dollar.
|
|
He cited weak wage growth and depreciating home prices as two sources of concern.
|
|
Then concerns focused on surging capital outflows, the depreciating yuan and a swooning stockmarket.
|
|
Vehicles are quickly depreciating assets that simply get you from one place to another.
|
|
There are a lot of people that cannot qualify because they don't have the credit or the equity," said Graboske, adding, "A portion is not buying because housing had a reputation for depreciating for five years, and people don't like buying depreciating assets.
|
|
But profits have been pressured by depreciating currencies in Brazil and other Latin American countries.
|
|
However, concerns about the depreciating lira have also made some investors wary about Turkish assets.
|
|
A depreciating Indian rupee alone has knocked 15.5 billion yen from Suzuki's April-December profit.
|
|
Keep scrolling to see the other list of car brands that produce low-depreciating vehicles:
|
|
I swore I&aposd never take on debt for a depreciating asset, like a car.
|
|
A depreciating Indian rupee alone knocked 10.5 billion yen from Suzuki's first-half operating profit.
|
|
And we make these judgments against the backdrop that we are all, sadly, depreciating assets.
|
|
They estimated the value of cars in their sample by depreciating sale prices over time.
|
|
Emerging currencies, which weakened sharply against the dollar last year, also face a depreciating yuan.
|
|
A depreciating yuan, a trade war, and slowing Chinese demand all hurt Hong Kong's open economy.
|
|
"Owning machines, depreciating them and shutting them down is very expensive," said Novantas consultant Kevin Travis.
|
|
The naira is seen depreciating after the West African country raised gasoline prices by 2100.70 percent.
|
|
It is a depreciating asset that loses 20 percent of its value in the first year.
|
|
Sectors and stocks that were exposed to the depreciating yuan have been hit hard this month.
|
|
If an old laptop is sitting in your house unused, it's depreciating in value every day.
|
|
Debelle noted a depreciating Australian dollar was supporting the economy, saying further falls would be beneficial.
|
|
In recent years, China has taken to selling dollars to keep its currency from depreciating more.
|
|
If we don't get exporter flows, we will see the rupee depreciating again with growing imports.
|
|
Start doing stuff just for the money, and you start depreciating the value of the studio.
|
|
Local shares have been hit hard this week by concerns about a depreciating currency and slowing growth.
|
|
The company also wants to change its accounting policy around depreciating equipment to increase its reported Ebitda.
|
|
So in the market cars behave more like prime property, whose supply is restricted, than depreciating machines.
|
|
The prospect of the yuan depreciating could inflame trade tensions with the U.S. President Donald Trump's administration.
|
|
Pledges from Trump to overhaul the tax system could push the dollar higher, thus depreciating the euro.
|
|
That may seem a small, depreciating gesture — Germany's political culture would have demanded at least modest applause.
|
|
Speculative sterling shorts, in which investors bet on the pound depreciating, have reduced considerably since mid-September.
|
|
A slowing economy has cut into family savings, and a depreciating currency makes American educations more expensive.
|
|
But depreciating assets that are not tax deductible, such as credit cards, are generally considered bad debt.
|
|
In an article about Vespas not depreciating in value, we ran a photo misidentifying the scooters. Oops.
|
|
At present, India also benefits from a depreciating rupee and nearness to China as compared with other competitors.
|
|
The dinar has stabilised against the euro (depreciating by 1.6% yoy in November 2016), helped by lower inflation.
|
|
Today, I dread the prospect of being weighed down by a rapidly depreciating hunk of plastic and metal.
|
|
The currency has been depreciating, reaching 31-year-lows, due to the uncertainty involving the upcoming Brexit negotiations.
|
|
Africa Banking's quarterly PBT decreased 18% y-o-y on the back of the rand depreciating against sterling.
|
|
Depreciating assets include cars, vacation, shopping sprees — basically, anything that will not increase in monetary value over time.
|
|
The depreciating exchange rate has led to a deterioration in the asset quality of the Ghanaian banking sector.
|
|
The yuan has been depreciating in value steadily since December, becoming a source of volatility in global markets.
|
|
Inflation benefited working people by making debt cheap and essentially transferred money from bondholders by depreciating financial assets.
|
|
Plus you're usually spending on things that have a depreciating value, which means they're losing value over time.
|
|
It allows companies to enjoy the tax savings of capital investments immediately rather than depreciating them over time.
|
|
"Indian and China retail consumption has been hindered by depreciating local FX," Citi analysts said in a note.
|
|
"The weaker real helps, but it's not enough because currencies in other emerging countries are depreciating," Barral said.
|
|
Auto loans are often difficult to justify, since cars are a depreciating asset (they lose value over time).
|
|
Since a ship is a depreciating asset requiring maintenance, it's also unlikely to recover a return on its resale.
|
|
Finally, currencies often continue depreciating well past what could be considered fair value if background noise is strong enough.
|
|
But depreciating currencies, low commodity prices and a rise in interest rates in America are taking the shine off.
|
|
"It's better to buy appreciating assets than depreciating," Cousins told Kevin Clark of The Wall Street Journal in 0003.
|
|
"It's better to buy appreciating assets than depreciating," Cousins told Kevin Clark of The Wall Street Journal in 2016.
|
|
It has also had an impact on Liberia's economy, already suffering from high inflation and a depreciating Liberian dollar.
|
|
To prevent the yuan from depreciating in synch with those outflows, the People's Bank of China has two options.
|
|
She's branded herself as a silly and self-depreciating millennial who is not at all fazed by her enormous success.
|
|
" Or, to throw in a British TV reference, Holly the self-depreciating yet sardonic human-faced computer in "Red Dwarf.
|
|
Blunt and Krasinski, both known for their senses of humor, made the announcement in a silly and self-depreciating video.
|
|
In Asia, China's yuan - which has been on a depreciating path - has stabilized, offering the G-20 some breathing space.
|
|
In Asia, China's yuan — which has been on a depreciating path — has stabilized, offering the G-20 some breathing space.
|
|
Worries that a depreciating yuan could spark competitive currency devaluation across the region have also hit global shares this month.
|
|
Worries that a depreciating yuan could spark competitive currency devaluation across the region had hit global shares earlier this month.
|
|
An ever depreciating totem that gnaws at my subconscious and introduces a low-level sense of dread into my days.
|
|
Australian stocks bucked the trend and stayed steady, helped by a depreciating currency and an overnight bounce in commodity prices.
|
|
Thereby depreciating my existing pair of wired in-ear headphones (if I ever upgrade to a 3.5mm-jack-less iPhone).
|
|
The Fed is essentially trying to run Chinese monetary policy and prevent the yuan from depreciating very quickly, Schlossberg said.
|
|
Businesses would then be allowed to deduct all their expenses and investments right away, rather than depreciating them over time.
|
|
That followed an increase of the same magnitude on May 17, which did little to stop the currency from depreciating.
|
|
That's trillions of dollars of rapidly depreciating infrastructure sitting on the streets, used for only a fraction of its life.
|
|
"Faced with a depreciating currency and a slowing economy, investors looked for safe havens to park their assets," she writes.
|
|
My parents instilled the Dave Ramsey philosophy in me: Never take a loan on a depreciating asset, like a car.
|
|
But the developer went bust, and the painting had changed hands several times as collateral for loans, depreciating in value.
|
|
The peso is depreciating much faster than other Asian currencies and the culture of impunity makes you wonder who's next.
|
|
During a trade war, Kelly said, currencies get weaker, such as the dollar's depreciating value last week, and prices rise.
|
|
The Venezuelan currency itself, in which most people are still paid, is not depreciating quite as fast as it was.
|
|
With the bolivar depreciating rapidly, airlines are left unable to afford the parts needed to keep up maintenance, Alvarez said.
|
|
Tougher economic conditions as a result of higher oil prices and a depreciating rupee are set to work against the BJP.
|
|
To Cousins, "it's better to buy appreciating assets than depreciating," he told Kevin Clark of The Wall Street Journal in 22015.
|
|
Investors can generally claim that non-residential property is depreciating over 39 years, even if its market value in fact rises.
|
|
They will accomplish this, in large part, by depreciating their currencies against those of advanced economies and the dollar in particular.
|
|
Nor does it show its working on rising costs from staff wages, or sourcing clothing in Asia amid a depreciating sterling.
|
|
Urban real estate prices have also risen as Iranians plough their savings into property rather than keeping them in depreciating rials.
|
|
This may suggest that foreign investors need a higher return to persuade them to put their money in a depreciating currency.
|
|
When you own a vehicle, you're investing in a rapidly depreciating asset that will sit idle for most of the day.
|
|
"Never use debt to acquire a depreciating asset," Modly told CNBC when asked about the best financial advice she's ever received.
|
|
Urban real estate prices have also risen as Iranians plow their savings into property rather than keeping them in depreciating rials.
|
|
However, deleveraging is contingent on the Belarusian rouble not depreciating sharply against the US dollar, the major currency of Eurotorg's debt.
|
|
All of them were undone by a weak and depreciating dollar, surging inflation, spiking interest rates, plus financial or commodity bubbles.
|
|
President Nicolas Maduro first announced his cryptocurrency strategy at the beginning of December as an alternative to the rapidly depreciating Venezuelan bolivar.
|
|
The shares had been evenly split, but higher home prices and the depreciating value of foreign currencies likely played into that dynamic.
|
|
The supermarket group also operates in countries such as Argentina and Brazil, where depreciating currencies have hurt earnings when converted into euros.
|
|
A depreciating peso could soften the blow for them—if they can renegotiate contracts to reap the benefits of the lower currency.
|
|
Sales by Indian automakers have declined in the past few months, due to higher commodity prices, a depreciating rupee and weak demand.
|
|
Jubilation abounded: But since this is hand-wringing, self-depreciating English football after all, Spurs couldn't walk away with a clean win.
|
|
" She explains, by claiming the term "Ghetto," the Atis Rezistans, "free themselves of its depreciating undertone and turn it into something beautiful.
|
|
That's bad for debtholders in Turkey, who owe big in foreign currencies but whose assets are held in the rapidly depreciating lira.
|
|
China has attempted to prevent its currency from depreciating more in recent years, predating Mr. Trump's labeling the country a currency manipulator.
|
|
Despite last week's move, however, currency strategists still see the yuan gradually depreciating against the dollar in 2017, by around 5-6 percent.
|
|
One could imagine, in theory, that an anonymous currency could help citizens get around economic sanctions and avoid the rapidly depreciating Venezuelan bolivar.
|
|
The bulk of Australian gold miners pay operating costs in the local currency so a depreciating exchange rate acts a boon for them.
|
|
Yang predicts an epidemic of depreciating human capital hitting profession after profession until society disintegrates, overwhelmed by the sheer volume of human despair.
|
|
Perhaps its rebound is a sign that gold bugs' worst fears about inflation and depreciating paper currencies are coming true at last. Maybe.
|
|
CIMB has expanded in Southeast Asia in the past decade but the region has suffered slowing economic growth and depreciating currencies this year.
|
|
Helen Modly, a certified financial planner and private wealth adviser told CNBC that you should avoid using debt to buy a depreciating asset.
|
|
This would especially be the case should Germany's external surplus balloon further as the German economy weakens and as the euro keeps depreciating.
|
|
As Zimbabwe wildly printed money, people went to stores with piles of rapidly depreciating bills stuffed into suitcases, bags, boxes and car trunks.
|
|
Analysts said the upside could be limited by waning demand due to depreciating domestic currencies in major gold-consuming countries such as India.
|
|
He also must know that a rapidly depreciating currency risks putting the country again in the grips of yet another debilitating inflationary spiral.
|
|
The yuan is depreciating but won't depreciate too much and many people believe the dollar could fall if Trump takes some radical measures.
|
|
Depreciating the exchange rate to switch demand to exporters and import-competing firms would also tighten the labor market and capacity utilization still further.
|
|
But until then Musk sees purchasing a Model 3 with full autonomy for about $38,000 as a money-making purchase, not a depreciating asset.
|
|
Meanwhile, the patent market is growing and people — companies — find themselves with assets that may be depreciating in value and costing them maintenance fees.
|
|
But with dollar depreciating against the currencies of the United States' main trade partners recently, some economists did not expect import deflation to continue.
|
|
"The rupee is the main culprit," said AK Prabhakar, head of research at IDBI Capital, adding that the depreciating currency was forcing fund outflows.
|
|
Wong, who is a member of CNBC's Global CFO Council, said that other than the , currencies were depreciating in both mature and emerging markets.
|
|
He spoke in response to a question about an earlier Seattle Times story saying that Clayton trapped borrowers into unaffordable loans on depreciating homes.
|
|
Lindland says buyers should consider the overall cost of the vehicle, not just the monthly payment, given that a car is a depreciating asset.
|
|
"The central bank is really behind the curve, the current account is widening, so we would expect the TRY to keep depreciating," Tresca added.
|
|
The ringgit has been depreciating since April, but is still emerging Asia's strongest-performing currency this year, shedding about 1.4 percent against the dollar.
|
|
Russian auto sales have been falling for a fourth consecutive year amid a weakening domestic economy, a depreciating rouble currency and lower oil prices.
|
|
If OPEC does not trim production, prices could head much lower, potentially depreciating toward $50 a barrel, argues Lukman Otunuga, Research Analyst at FXTM.
|
|
We paid for something that would have a big return for us, rather than for a depreciating asset like a computer or a vacation.
|
|
Ever-changing rules, low reward-flight availability, and depreciating or disappearing flight charts can make it tricky to get the most of these programs.
|
|
But Teslas remain depreciating assets, and nothing undermines residual value quite like miles on the odometer and Burger King wrappers in the back seat.
|
|
Like a new car that starts depreciating the moment you drive it off the lot, lithium-ion batteries are continuously losing their charging capacity.
|
|
Depreciating the exchange rate to switch demand to exporters and import-competing firms would also tighten the labour market and capacity utilisation still further.
|
|
But cars are a depreciating asset: The moment you drive a new car off the lot, its value goes down by about 20 percent.
|
|
The House plan moves toward a consumption tax by allowing businesses to deduct their investment spending immediately, rather than depreciating it slowly over time.
|
|
The statements, perhaps premature, on banking commissions and cancelling the airport fed uncertainty that led to the currency depreciating and the stock market falling.
|
|
"Investor confidence has been undermined, as evident from large outflows from the local bond market and a depreciating exchange rate," Fitch said in a statement.
|
|
Malt and hops must be imported because they don't grow in Venezuela's tropical climate, leaving brewers at the mercy of the steadily depreciating bolivar currency.
|
|
But under the basket-peg regime China would now react by depreciating against the dollar (15 percent weight) to offset (partially or fully) the appreciation.
|
|
And Turkey is facing economic problems, including a dramatically depreciating currency, that would make preserving an economic relationship with the EU that much more important.
|
|
The latest example is that some radical speculators tried to short sell the Chinese currency yuan, which has been depreciating against the U.S. dollar recently.
|
|
But shipments of iron ore could start to slip this year, analysts said, as slower economic growth and worries about a depreciating yuan temper demand.
|
|
This year, the currency has also been depreciating: A dollar bought around 64.4098 rubles on Wednesday, compared to 57.6575 rubles at the start of 2018.
|
|
Okay, so that result had at least something to do with the Japanese yen depreciating against the US dollar, but still: nice one, Mario and company.
|
|
January exports were likely to be driven down by weak dairy prices, while steady consumer demand and the depreciating currency likely supported import growth, reported Moody's.
|
|
"Where government budgets are hit by lower commodity prices and depreciating currencies fuel inflation, room to mitigate the downside risks is limited," according to the report.
|
|
It took a 65 million pound hit on unfavourable currency movements and said its coal-fired power assets were depreciating in value more quickly than expected.
|
|
Analysts said an upside in gold could also be limited by waning demand due to depreciating domestic currencies in major gold-consuming countries such as India.
|
|
In total, China lost $1.28 trillion, and it was forced to tap into its foreign exchange reserves to prevent its currency from rapidly depreciating even further.
|
|
"The damage of depreciating oil prices still lingers on with social economic issues, soft domestic data and inflation exposing the nation to downside risks," he said.
|
|
To counter those price increases, Maduro has been raising the minimum wage, but quickening inflation coupled with a depreciating bolivar currency has plunged millions into poverty.
|
|
Goldman also expected to resume depreciating, noting that on-going capital outflows suggested the market was pushing toward a weaker renminbi, as the yuan is also known.
|
|
"The economic bang for the depreciating buck, or yen or euro is relatively small," Citi economists Steve Englander and Josh O'Byrne said in a note to clients.
|
|
It said South Korea had intervened in foreign exchange markets both ways, to prevent the won from depreciating and later to limit its rise against the dollar.
|
|
UBS economist Alessandro Bees said the SNB had benefited from an unusual set of circumstances with the franc depreciating while bond and gold prices have both risen.
|
|
Since he took office, Abe has been aggressively pro-growth, advocating monetary easing and fiscal stimulus — policies Kuroda also supports, but which lead to a depreciating yen.
|
|
Indian markets have been battered by a series of issues, including higher crude prices, depreciating rupee and recent defaults at a major non-banking financial company (NBFC).
|
|
Chinese stocks posted further losses this year as a result of weak manufacturing surveys, the depreciating yuan and the introduction of circuit breakers in the stock market.
|
|
"We see the currency steadily depreciating all the way to 2022" S&P sovereign analyst, Maxim Rybnikov, said during a webcast question and answer session on Tuesday.
|
|
The government has already cut some subsidies and taken other measures the I.M.F. was expected to demand, like depreciating the currency and tightening fiscal and monetary policy.
|
|
In addition, both the House and Senate bills would allow companies to write off expenditures in the year they're incurred, rather than depreciating them over several years.
|
|
The depreciating lira was again responsible for an intensification of cost pressures, with input price inflation accelerating further after a relatively moderate trend in the third quarter.
|
|
Currency wars happen when a country, or group of countries, seek to gain a trade advantage by depreciating their currencies on purpose in relation to other currencies.
|
|
Investment demand has also started to improve due to a falling stock market and the depreciating rupee, said a bullion dealer based in southern Indian city Chennai.
|
|
The central bank has been keeping the pound at 7.7301 per dollar, but the currency has been depreciating rapidly on the black market over the past week.
|
|
Inflation has been in the triple digits at various stages during the conflict, with hyperinflation persisting for several years due in part to the depreciating pound currency.
|
|
Guido Lorenzo, an economist at local consultancy ACM, said the danger was the central bank's rate of indebtedness outpacing the rate at which its dollar reserves are depreciating.
|
|
The new government will have to grapple with a depreciating currency, continue battling a nearly seven-year-long cholera epidemic and rebuild after a devastating hurricane last year.
|
|
Leasing a multimillion-dollar car is not common, according to David, since most such cars are investments; unlike regular cars, they are not a depreciating asset, he says.
|
|
But "there is a risk that if the Shanghai Composite Index remains weak and the renminbi keeps depreciating, it will cap the Australian dollar's top side," he said.
|
|
"A depreciating dollar coupled with expectations of fewer rate hikes in 2019 remain the primary factors supporting spot gold prices," said Lukman Otunuga, a research analyst with FXTM.
|
|
"A depreciating dollar coupled with expectations of fewer rate hikes in 2019 remain the primary factors supporting spot gold prices," said Lukman Otunuga, a research analyst with FXTM.
|
|
A depreciating naira hit Nigerians' pockets, dampening demand, and drove up the cost of imports like wheat, which Tiger could not pass onto consumers because of stiff competition.
|
|
The Ugandan shilling is seen trading with a depreciating tone, undercut by demand mostly by commercial banks as they look to square their positions ahead of year close.
|
|
A depreciating Brazilian real hurts Santander's income when translated into euros and charges to counter potential losses against soured debts also rose in the country quarter on quarter.
|
|
Perhaps renting out and depreciating your residence in a high-cost state subsidizes the mortgage in one with lower income taxes; sometimes it just takes a little imagination.
|
|
In fact, Treasury said China has spent more than $570 billion worth of foreign exchange assets to keep the yuan from depreciating further in the year to August.
|
|
An easing of monetary policy does work in part by depreciating the currency, which, all else equal, tends to increase the easing country's exports and reduce its imports.
|
|
Chinese stocks have posted further losses this year as a result of weak manufacturing surveys, the depreciating yuan and the introduction of circuit breakers in the stock market.
|
|
China's foreign reserve dropped from $4 trillion to $3 trillion during those years as the country sold off foreign currency to keep the renminbi from depreciating too swiftly.
|
|
Assets and Pfandbriefe in the last analysis were all euro-denominated, but the cover pool now also includes Swiss franc (CHF) assets, creating vulnerability against depreciating CHF rates.
|
|
The Affordable Care Act was the first legislation in years to give me hope that this spiral of escalating costs and depreciating quality of coverage might finally end.
|
|
"We could see sterling over a 6 month period depreciating 10-11 percent (but) most likely markets are overshooting," Goldman strategist Silvia Ardagna told a call with investors.
|
|
The central bank this week said a recently announced $5.5 billion fiscal stimulus plan and the depreciating peso could help push long-lagging inflation upwards in coming months.
|
|
And while Chinese authorities aren't forcibly depreciating their currency to offset declining exports, state-run banks' operations only hint at efforts to massage the decline rather than arrest it.
|
|
Venezuela previously said it had arrested 11 top executives of Banesco for "attacks" against the country's rapidly depreciating currency, the struggling OPEC nation's latest move against the private sector.
|
|
Finance Minister Ravi Karunanayake on Tuesday said that protecting a fragile rupee was more important than controlling interest rates as the local currency tended not to rebound after depreciating.
|
|
Finance Minister Ravi Karunanayake said last week that protecting a fragile rupee was more important than controlling interest rates as the local currency tended not to rebound after depreciating.
|
|
The rupee has weakened 0.5 percent so far this week and nearly 2 percent so far this year, after depreciating 2.93 percent last year and 3.9 percent in 2016.
|
|
Too much depreciation could set off financial panic, but depreciating against the dollar in line with the other major currencies in the world makes sense in the current environment.
|
|
In fact, after three years of depreciating against the dollar in which it weakened by more than 12 percent, the yuan this year has strengthened by nearly 5 percent.
|
|
The bank said last month that recently announced fiscal stimulus measures and a depreciating peso would help push long-lagging inflation in the South American nation to its target.
|
|
"Presumably this is due mainly to the U.S. dollar, which is depreciating significantly after U.S. President Trump harshly criticized the US Feds monetary policy," Commerzbank said in a note.
|
|
Container vessels are normally in service, depreciating, over 25 years but some owners have pulled ships only 15 years old because freight rates have been on loss-making levels.
|
|
The bill contains a bonus depreciation provision that allows all companies to immediately write off the full costs of capital improvements, instead of depreciating the new asset over time.
|
|
Since late last year, Beijing has been cracking down on overseas investment as wads of cash flew out of the country, adding downward pressure to an already depreciating yuan.
|
|
"Presumably this is due mainly to the U.S. dollar, which is depreciating significantly after U.S. President Trump harshly criticized the US Fed's monetary policy," Commerzbank said in a note.
|
|
Perhaps in an effort to head off any adverse reaction from Chinese investors, central bank governor Zhou Xiaochuan said there was no basis for the yuan to keep depreciating.
|
|
Properties in Trump Tower have been depreciating in value, as wealthy Manhattanites no longer seem to be so keen on living in a tower named after the current president.
|
|
In September, imports would likely moderate as gold prices have rebounded in last few days due to the depreciating rupee, said a Mumbai-based bullion dealer with a private bank.
|
|
But for a few isolated days, China's currency has been a one-way bet for years on end, whether appreciating against the dollar, pegged to it or, more recently, depreciating.
|
|
The mayor of Wörgl, Austria, used the town's funds to put Gesell's depreciating currency into rotation and managed to stimulate a minor boom in the midst of the Great Depression.
|
|
Through various tweets, Trump has complained about Beijing artificially depreciating its currency, unfairly taxing U.S. products, militarizing the South China Sea, and failing to adequately punish rogue state North Korea.
|
|
Still, many will fall short of covering the outlays they cannot change, and paying for land and the cost of depreciating machinery will drag operations into the red, they warn.
|
|
While elevated short positioning should prevent the currency from depreciating more considerably ... uncertainty as when it comes to the possibility of a Brexit should keep demand for the currency low.
|
|
The exchange rate remained fairly stable in the second half of 2016 up to May 2017 depreciating by only 2.0 percentage points against the dollar in that period, Gondwe said.
|
|
But since Mugabe regained outright control in a 216 election, growth has faded and the central bank has begun issuing "bond notes," a domestic quasi-currency that is already depreciating.
|
|
Modified total domestic demand, which strips out the effects of multinationals re-domiciling, relocating or depreciating their capital assets, rose by 1.6% quarter-on-quarter in the first three months.
|
|
NEW DELHI (Reuters) - India's economy likely sustained strong growth momentum for a second straight quarter in April-June, but the depreciating rupee and monetary tightening pose risks for coming periods.
|
|
The tax would therefore chip away at the net worth of the extremely rich, especially if they mainly hold investments with low returns, like bonds, or depreciating assets like yachts.
|
|
"For many developing countries, higher international prices coincide with currencies depreciating against the U.S. dollar, so the threat of economic damage is more acute," the International Energy Agency said last month.
|
|
More than a self-depreciating wink, the title reads as a challenge to listeners—and other performers—to go deeper, and discuss the supposedly taboo topics we're conditioned to keep inside.
|
|
In a surprising departure from her usual self-depreciating posts about her cooking skills, the comedy writer recently posted a photo of Cravings on Instagram, saying it was her favorite cookbook.
|
|
"Soybean meal and domestic soybeans are expected to drop further on forecasts of a bumper harvest in the United States and Brazil's depreciating currency," said Pan Tiantian, analyst with Zheshang futures.
|
|
Stock markets in China and Hong Kong have been hit this week by lingering trade war fears and a depreciating yuan currency, but CNBM chairman Song Zhiping played down such concerns.
|
|
The news spooked investors in India, which has been battling a depreciating currency, and fears of a credit crisis following a string of defaults at a major non-banking financial company.
|
|
That is one reason why he is the greatest, even if it turns out that "it's going down / depreciating" was mostly an accurate way of describing how this song would age.
|
|
However, the People's Bank of China is considered unlikely to be intentionally stoking a currency war — last month alone, it sold an estimated $113bn in reserves to stabilise its depreciating currency.
|
|
Egypt's pound has been depreciating rapidly on the black market over the past week, piling pressure on the central bank to adjust the official rate of 7.72 pounds to the dollar.
|
|
Carlypso's theory is that Beepi ended up in this mess from a combination of questionable market data and not moving fast enough to adjust the car's price as it was depreciating.
|
|
The depreciating rupee and a widening trade deficit pose a challenge for Prime Minister Narendra Modi, who is aiming to boost economic growth ahead of national elections, due early next year.
|
|
China's foreign reserve has dropped from $4 trillion to $3 trillion in just the past two years as they've sold off foreign currency to keep the renminbi from depreciating too swiftly.
|
|
Kinsella told CNBC by phone that Turkey's real interest rates, which are adjusted for inflation, now sit at just 1 percent and that isn't high enough to stabilize a depreciating lira.
|
|
China's foreign reserve has dropped from $24 trillion to $2600 trillion in just the past two years as they've sold off foreign currency to keep the yuan from depreciating too swiftly.
|
|
This is no surprise because most competitors have had their currency depreciating by 20-25 percent since 2013, but the yuan has remained broadly stable, with depreciation only beginning since July 2015.
|
|
The Bank of Uganda (BOU) has lowered interest rates by 200bps since March 2016, after tightening monetary policy in the previous year to contain the inflationary pressures of a depreciating exchange rate.
|
|
The headline consumer price index inflation rate accelerated to a five-month high of 5.0 percent in June, government data showed on Thursday, driven by higher fuel prices and a depreciating rupee.
|
|
Finance Minister Ravi Karunanayake said after market hours on Tuesday that protecting a fragile rupee was more important than controlling interest rates as the local currency tended not to rebound after depreciating.
|
|
Ever since Beijing surprised the world by unexpectedly depreciating the renminbi in August, money managers such as Kyle Bass, David Tepper and Bill Ackman have ramped up bearish bets against the yuan.
|
|
The broken link between soaring exports and the depreciating local dollar has led the government of Prime Minister Scott Morrison to promise a budget surplus this year after a decade of shortfalls.
|
|
They are trying, and succeeding, in depreciating the Euro against the very capital -- all four letters are capitalized there -- strong dollar, hurting U.S. exports and the Fed sits and sits and sits.
|
|
"The market is nervous that they can't keep selling dollars as it's not sustainable and the currency is on a depreciating trend," said Richard House, CIO emerging market debt, Allianz Global Investors.
|
|
Even with core bond exposure for retirement assets, Glassman wants an average maturity of bonds that is lower than the Barclays Agg at a time of rising rates and depreciating bond prices.
|
|
The central bank this week decided against slashing its benchmark interest rate, saying it would instead watch the impacts on inflation of a $5.5 billion fiscal stimulus plan and the depreciating peso.
|
|
Ultimately, he opted to gamble on Cashner's ability at a position of need rather than keeping Rizzo and risking his value depreciating, either from sitting on the bench or languishing in Petco.
|
|
China's foreign reserve has dropped from $4 trillion to $3 trillion in just the past two years as the country has sold off foreign currency to keep the renminbi from depreciating too swiftly.
|
|
On one hand, wealthy families - if they had the ability to transfer money - have already parked their cash in properties overseas, because they feared both the yuan depreciating and China's housing bubble bursting.
|
|
The depreciating yuan means the currency doesn't buy as much abroad, while luxury brands such as Chanel have moved since last year to narrow once huge differences between prices in China and overseas.
|
|
"Communities bear long-term costs from wildfires over years because of lost business revenue, depreciating property value, and the long-term mental health consequences of living through a disaster like that," Pohl said.
|
|
I do have to say, however, that Bradley showed tremendous grace in the post-fight interview, giving full credit to the victor and making light-hearted and self-depreciating comments about the knockdowns.
|
|
But then Mr. Trump came out in favor of another key element of the House Republican plan: immediate deductibility, or expensing, of capital expenditures, rather than the practice of depreciating assets over time.
|
|
The report said the Chinese yuan, after depreciating as far as 7.18 RMB per U.S. dollar in early September, had appreciated in October and was currently trading at about 6.93 RMG per dollar.
|
|
That means, if Indonesia can't convince the investment community that it has its finances in check, then the rupiah is at risk of depreciating further — which makes those debts more expensive to repay.
|
|
"It is very difficult to attain single digit inflation because our currency has been depreciating and most of the goods that we consume are imported," said Lubinda Habazoka, an economist at the Copperbelt University.
|
|
SHANGHAI (Reuters) - China's yuan is not entering a depreciating path but pressure will persist in the short term amidst dollar strength, the overseas edition of the People's Daily quoted experts as saying on Wednesday.
|
|
Zhou added that there was no basis for the yuan to keep depreciating, and China would keep the yuan basically stable versus a basket of currencies while allowing greater volatility against the U.S. dollar.
|
|
Battered by a rapidly depreciating rouble and lower real disposable incomes, retail sales started falling in annual terms from early 21 and were still down 262.2255 percent year-on-year in August this year.
|
|
Underlying revenues rose by 3.4 percent to 10.784 billion euros as activity in Spain picked up, while Oibda would have increased by 5.5 percent if it had not been for depreciating Latin American currencies.
|
|
The Russian ruble and the South African rand have been two of the biggest losers among emerging markets' currencies, both depreciating by close to 20 percent against the U.S. dollar so far this year.
|
|
Central bank meetings in Turkey and Russia this week are also on investors' radar, with particular market focus on whether Ankara will step in to fight inflation and a depreciating currency, Commerzbank's Briesemann said.
|
|
Foreign debt: If the government holds a significant amount of debt in another currency, printing money and depreciating its currency could make that debt harder to pay off and even force it to default.
|
|
In general, it is the U.S. dollar appreciating rather than other currencies depreciating, mostly as a result of strong economic growth in the United States, steadily rising interest rates and safe-haven capital flows.
|
|
For example, as equipment and software ages, the depreciating value counts as an expense even though it doesn't involve the outlay of capital, so EBITDA lets you show how earnings would look without depreciation.
|
|
The risks of the yuan further depreciating against the U.S. dollar and capital flowing out of China remain high, given the prospect of higher interest rates on U.S. dollar assets and uncertainties over China-U.
|
|
The U.S. bank now reckons Beijing will start to transition towards a depreciating NEER in the third quarter of this year, or perhaps earlier if there's no let up in capital outflows and market volatility.
|
|
Nigeria's naira is seen depreciating further and could hit the 500 mark to the dollar on the black market by next week as greenback scarcity persists and the central bank cuts supply to forex operators.
|
|
If I'm trying to make a good business investment (especially in the shadow of my family's exile and massive corruption scandal), buying a brand with depreciating assets and a genuinely terrible product makes no sense.
|
|
Thursday's action only removes the modest and gradual appreciation path of the S$NEER policy band that was in place, the MAS said, clarifying that the move is not aimed at depreciating the domestic currency.
|
|
The key reasons cited are headwinds emerging from a rise in crude prices, fixing of minimum support prices, a depreciating rupee as well as no visible signs of reduction in non-performing assets among banks.
|
|
NAIROBI, Jan 31 (Reuters) - The currencies of Kenya and Uganda are seen trading firmer while the currency of Nigeria is seen stable and the currency of Tanzania is seen as depreciating in the coming week.
|
|
But there are no signs of panic selling in the Chinese currency, as China's central bank said after the Reuters report that China does not intend to compete in international trade by depreciating the yuan.
|
|
But for the past two years, Beijing's been blowing through hundreds of billions of dollars in reserves to prevent the Chinese renminbi from depreciating further, which means there's no longer any conceivable justification for tariffs.
|
|
The rupee continued its fall, depreciating to 23 against the dollar from 225 last week as demand for the dollar rose on higher U.S. treasury yields, which makes the currency more attractive to risk-taking investors.
|
|
In recent weeks the Chinese authorities have intervened in both onshore and offshore currency markets by selling dollars aggressively to prevent the yuan from depreciating too quickly, with Trump vowing to label China a currency manipulator.
|
|
As Britain grapples with a depreciating pound sterling in a post-Brexit era and India continues to grow rapidly since its economic liberalization in 1991, the two have swapped spots in the rankings of world economies.
|
|
SAO PAULO, Nov 8 (Reuters) - Brazilian airline Azul SA posted on Thursady a 42 percent drop in third-quarter profit to 117 million reais ($31.32 million), due to higher fuel prices and a depreciating local currency.
|
|
Given the readiness of certain allies like the SDF and Israel to push back against our shared adversaries – plus the depreciating value of U.S. verbal guarantees – these steps should focus on reassuring and strengthening our partners.
|
|
I feel sorry for the founders who did end up selling their companies for WeWork stock at that valuation; they sold their dreams for depreciating common stock of a company that has a massive preference stack.
|
|
"As currencies of other economies are also depreciating, intervention by the Reserve Bank of India (RBI), by selling dollars in the country, will not help much at this stage for stabilising the rupee," Garg told reporters.
|
|
Each fund company's algorithm is different and weighs multiple factors, but both hedge more when a currency they have exposure to has recently been depreciating, on the premise that the currency would continue on that path.
|
|
That's because there is fear that a rapidly weakening yuan may lead to significant capital outflows, where investors move their assets out of a country due to perceived instability and to prevent their wealth from depreciating.
|
|
Recent hosts Neil Patrick Harris, Hugh Jackman and James Corden all won raves from critics but apparently were unavailable to do the honors again this year, prompting a wry bit of self-depreciating humor from Spacey.
|
|
Medallions, which grant the right to operate a taxi in New York City, were now depreciating assets and drivers who had borrowed money to pay for them, once a sound investment strategy, were deeply in debt.
|
|
A host of factors including a depreciating rupee, a tick-up in oil prices overnight, and weak cues from global markets are weighing on the market, said Siddhartha Khemka, head of retail research at Motilal Oswal Securities.
|
|
"The pound is set to continue depreciating, but the rise in sterling risk premium and short speculative positioning now suggest a slower pace of depreciation," said Petr Krpata, chief EMEA FX and interest rate strategist at ING.
|
|
With almost all traditional media strictly controlled by the Azeri government, social media networks have become outlets for people to voice criticism in a country suffering from the global slump in oil prices and a depreciating currency.
|
|
" With its built-in advantages, the subscription model of car ownership is "definitely going mainstream and becoming a true alternative to…the hassle of getting a car loan and going into debt to buy a depreciating asset.
|
|
The debt crisis and aid suspension has hit Mozambique hard, with its metical currency depreciating by around 70 percent since January and economic growth expected to slip to 3.7 percent this year, from 6.6 percent in 2015.
|
|
The real estate industry has long been the biggest beneficiary of tax breaks, writing off interest on loans and depreciating the value of a property for tax purposes, even when the market value of the property rises.
|
|
"The pound is set to continue depreciating, but the rise in sterling risk (premia) and short speculative positioning now suggest a slower pace of depreciation," said Petr Krpata, chief EMEA FX and interest rate strategist at ING.
|
|
China's attempts to stem capital outflows as a result of a depreciating yuan have led Beijing to backtrack on plans for greater market liberalization, such as the temporary suspension of initiatives designed to open up outbound investment.
|
|
Dodge and Mitsubishi were included on the list because they are still among the top 10 lowest-depreciating brands in the overall rankings when compared to other automakers, according to Julia Blackley, the author of the study.
|
|
That means that rather than "depreciating" investments — that is, deducting the cost of big purchases of equipment or machinery over the period of years that it's used for — companies can deduct investments from their tax bill immediately.
|
|
Due to the pickup in gold demand that usually happens in May, the Indian rupee is also typically one of the weakest performing currencies in the month, depreciating with "consistent regularity" from 2000 to 2015, note the analysts.
|
|
Driving the news: One radical idea that could boost spending and help resuscitate moribund economies is Silvio Gessell's proposal for depreciating money, writes Stephen Mihm, an associate professor at the University of Georgia, in an editorial for Bloomberg.
|
|
"If the preference of Chinese companies and residents is to switch into dollars both when the dollar is appreciating against the RMB and when the dollar is depreciating against the RMB, Beijing has a real problem," AB said.
|
|
South Africa's Reserve Bank has raised benchmark lending rates by a total of 200 basis points in the last two years as it fights accelerating consumer prices triggered by a depreciating currency, drought and above-inflation wage hikes.
|
|
In fact, sales of fine jewelry may stand to gain from the ongoing turmoil in the Chinese currency as consumers "exchange their depreciating local currency into diamonds and gold that should retain value over time," added Buchwald. 1.
|
|
TOKYO (Reuters) - Suzuki Motor Corp booked a 23.34 percent drop in quarterly profit as a depreciating rupee and higher selling costs mixed with sluggish sales growth in top market India to drive earnings to a two-year low.
|
|
NAIROBI, March 153 (Reuters) - The Kenyan shilling is seen depreciating on the back of a central bank move to purchase hard currency to beef up reserves while Zambia's Kwacha might claw back losses as debt payment pressures ebb.
|
|
Shares in Jet, which has been hit by intense competition, a depreciating rupee and high oil prices and said it was now looking at a cash injection by stakeholders and board changes, closed more than 8 percent lower.
|
|
"The aviation industry is currently passing through a tough phase given a depreciating rupee and the mismatch between high fuel prices and low fares," he said, adding that the airline has come through similar storms in the past.
|
|
"The widening trade deficit will continue to put downward pressure on the peso, which has already been depreciating against the U.S. dollar during 2017 and first half of 2018," said Rajiv Biswas, Asia Pacific Chief Economist at HIS Markit.
|
|
"We expect the Indian rupee to keep depreciating through the rest of the year, given a higher risk-off sentiment around trade tensions, limited portfolio inflows, slower domestic growth and stretched valuations," said Rini Sen, India economist at ANZ.
|
|
In the April-June quarter, Indian gold demand fell 13 percent from a year ago to 187.2 tonnes, hit by a rally in local prices due to a depreciating rupee, the WGC said in a report published on Thursday.
|
|
On the other hand, the U.K. was embroiled in economic uncertainty following its decision to leave the European Union and Japan had seen sluggish growth going into 2017, with its central banks cutting rates, and thus depreciating the yen.
|
|
U.S. President Donald Trump, who this week called on the U.S. Federal Reserve to follow other central banks in adopting negative interest rates, accused the ECB of seeking a trade gain by deliberately depreciating the euro against the dollar.
|
|
"If the dollar is depreciating, China has a lot of easy policy options," said Brad W. Setser, a former deputy assistant secretary of the United States Treasury who is now a China specialist at the Council on Foreign Relations.
|
|
Recent media reports on the yuan interrupt normal operation of the foreign exchange market, the People's Bank of China said in a notice on its website, adding that China does not intend to compete in international trade by depreciating the yuan.
|
|
"It will be interesting to see what evidence is provided in support of that argument because most of the evidence really suggests otherwise, that government leaders in Beijing are propping up the Chinese currency rather than artificially depreciating it," he noted.
|
|
Low-yielding currencies such as the Singapore dollar and Korean won came under pressure, and analysts anticipate the low-yielders will be on the back foot in an environment of a rising dollar, higher U.S. yields and a depreciating yuan.
|
|
The bottom line: While it's unlikely the Fed will be jumping on the Gesell bandwagon anytime soon, Mihm says that the idea of a depreciating currency could serve the U.S. and the global economy in the event of another downturn.
|
|
With almost all traditional media strictly controlled by the government, social media networks have become outlets for people to voice criticism in a country where the economy has suffered from the global slump in oil prices and a depreciating currency.
|
|
The depreciating yuan "is helping the exporters in China to export not just to the U.S. because it dampens the impact of the tariff hike, but also help them to export to other countries," she told CNBC's "Street Signs" on Thursday.
|
|
"Looking at the impact on growth, we used to think it [a depreciating renminbi] could boost exports, but the story has become a lot more complicated," said Huang Yiping on the sidelines of the Boao Forum for Asia on Wednesday.
|
|
If that were not enough, a depreciating real is adding to price pressures, though the prospect of Ms Rousseff's fall has cheered markets: the real and the São Paulo stock market have rebounded as the likelihood of impeachment has risen.
|
|
Corporate America in general will miss that provision, but most companies would be compensated by another rule change that allows them to immediately deduct the full value of business investments from their income rather than depreciating them over several years.
|
|
"The value of an American handshake is depreciating," Brett McGurk, who resigned from his post as Special Presidential Envoy for the Global Coalition to Counter ISIL last December over Trump's announcement that he would pull all US troops from Syria, tweeted.
|
|
In spite of the slowdown, volatile domestic equity markets and a depreciating yuan, investing in China is still attractive because some sectors, such as e-commerce and logistics related to Internet sales, are soaring and in need of funds, Lee added.
|
|
The iPhone-maker raised the prices of its hardware in the UK in October in order to offset the depreciating value of the British Pound against the U.S. Dollar, and now it is doing the same for the App Store.
|
|
The government is so broke it can no longer afford to fly in the planefuls of fast-depreciating bolivar bills (the Venezuelan currency) it gets printed abroad; in effect, the country doesn't have the money to pay for its money.
|
|
In a report released Tuesday, IHS Markit economists said the yuan was already depreciating against the dollar during the first half of the year on rising yields in the United States as the Federal Reserve continues to raise interest rates.
|
|
Having bought office furniture and equipment in recent years, Samuel did not purchase anything last year that qualifies for an immediate write-off known as a Section 179 deduction, as opposed to depreciating the equipment over several years (Line 13).
|
|
China's currency reserves data due this week is also expected to show reserves are close to falling below the critical $3 trillion figure, which would partly explain the authorities' desire to stem capital outflows and bets that the currency will keep depreciating.
|
|
It's likely that the best-case scenario for China this year is one of steady demand, with the main X-factor being the value of the yuan, as a depreciating local currency may spur Chinese investor appetite for gold as a hedge.
|
|
The recall costs add to Suzuki's struggles in the financial year that just ended, in which profit in India - its biggest market - took a hit due to a depreciating rupee and sluggish sales growth, while performance in Indonesia and Pakistan have also lagged.
|
|
In 219 and 2329, however, net profit will suffer from volatility in international commodities markets as well as depreciating currencies in Latin America and is expected in the range of 21.22 billion to 1.1.22 billion euros for both years, the firm said.
|
|
For context, Barrick Gold, Agnico Eagle Mines, and Newmont Mining are among the biggest gold producers traded in the US.In addition to his precious-metals allocation, he also holds foreign stocks and foreign currencies in order to take advantage of a depreciating dollar.
|
|
" But Shira Ovide of Bloomberg Gadfly says that the deal shows Uber doesn't know what its own future looks like: "Far from being 'asset light,' Uber's purchase suggests the company in a few years may own a rapidly depreciating fleet of cars.
|
|
Treasury Ministry officials joined talks among lenders, investors and the Health Ministry that stalled in recent months, hoping to find ways to keep debt payments flowing to banks without leaving companies footing the bill of Turkey's depreciating lira, the sources told Reuters.
|
|
"Hong Kong's property market is having its worst combination of fundamentals in 15 years with rising interest rates, a slowing economy and a depreciating Rmb," CLSA analyst Nicole Wong said in a report, using an abbreviation for the renminbi, or mainland Chinese currency.
|
|
Their main point is this: When interest rates rise in the United States, increasing the value of the dollar, foreign corporations and governments will have trouble repaying these debts in their depreciating national currencies — precisely what is happening in Turkey right now.
|
|
The real slumped to a fresh record low of 4.2862 reais per dollar on Friday, chalking up its third-largest monthly fall since the 2015-16 recession as traders tested the central bank's resolve not to intervene in the face of the depreciating exchange rate.
|
|
SAO PAULO, Oct 26 (Reuters) - Usinas Siderurgicas de Minas Gerais SA, one of Brazil's largest steel producers, beat analysts' third-quarter expectations due to higher steel prices internationally as well as a depreciating local currency, the company said in a securities filing on Friday.
|
|
"When you are in an operation such as ours which is very, very exposed to exchange rates because we import so much of our packaging materials, managing depreciating exchange rates is not in our control," Bralirwa managing director Jonathan Hall told reporters on Thursday.
|
|
Responding to yuan depreciation fears, the Financial News, a paper owned by China's central bank, said in a commentary on Monday that although there is no concrete basis for depreciating the yuan over the long term, more two-way volatility is unavoidable while reforms proceed.
|
|
On top of the repeal of Mr Trump's tax cuts and a new 7% charge on corporate profits, she would eliminate the ability of businesses to immediately write down depreciating capital; she would also impose a minimum tax of 35% on their foreign earnings.
|
|
When put against one such measure - modified gross national income or GNI*, which excludes the effects of foreign firms re-domiciling, relocating or depreciating their capital assets - the country's debt burden was still higher than its underlying national income at a ratio of 104%.
|
|
"It seems that the dollar-yen is kind of immune to the Chinese risk at the moment...(but) there is a risk that if the Shanghai Composite Index remains weak and the renminbi keeps depreciating, it will cap the Australian dollar's top side," said Yamamoto.
|
|
Last month, the central bank said it would keep its key interest rate at 1.75% and would probably leave it there for several months, asserting that recently announced fiscal stimulus measures and a depreciating peso would help push long-lagging inflation to its target.
|
|
But it had heard from thousands of people, including most police unions and organizations in the state, who had written, clicked online petitions or testified, convincing the board that her release would "undermine respect for the law" by depreciating the seriousness of her crime.
|
|
"The official exchange rate came under immense pressure the last couple of months as the parallel market rate started depreciating at a rapid rate, whilst the official exchange rates rate of depreciation was much slower," said Pieter du Preez, senior economist at NKC African Economics.
|
|
Mr Fratzscher points to a longer-term solution: requiring Berlin to invest at least as much in state assets as the value by which they are depreciating, and to put aside funds in good economic times to ensure a smooth flow of investment in bad ones.
|
|
"We believe that despite a respite in the summer, OCDBs have again been under increasing pressure, against a backdrop of weakening domestic demand, rising credit defaults, a depreciating RMB and Fed rate hikes," Nomura said, using an abbreviation for the renminbi, another name for China's currency.
|
|
SHANGHAI (Reuters) - There is no concrete basis for depreciating the yuan over the long term given China's current growth rate, but more two-way volatility is unavoidable while reforms proceed, the Financial News, a paper owned by China's central bank, said in a commentary on Monday.
|
|
"This is kind of the nature of comedy today where it's very tough to be self-depreciating," he said — reflecting on how former presidents like John F. Kennedy and Ronald Reagan previous brought the house down by positioning themselves as the butt of their own jokes.
|
|
A $54 million investment by emerging market private equity firm Actis in Food Lover's Market (FLM), a niche South African chain with 128 stores in 20143 countries and $750 million in revenues, is typical of the deals which are closing despite slowing economic growth and depreciating currencies.
|
|
Soaring property prices this year are in stark contrast to the slowdown in the overall economy, as evident from flagging retail sales and slowing economic growth, and industry officials said renewed mainland purchases had been a key factor behind the rise to escape a depreciating yuan currency.
|
|
MUMBAI, Oct 153 (Reuters) - India's gold imports in September dropped more than 14 percent from a year ago as a rally in local prices due to a depreciating rupee reduced demand in the world's second-biggest consumer of bullion, provisional data from precious metals consultancy GFMS.
|
|
Fleet partners are large rental companies like Europcar, Avis Budget Group and Hertz, car dealership groups, and OEMs, which includes a partnership with BMW Group UK. The buy-in from fleet partners is a new way to monetize vehicles that would otherwise be sitting around idle while depreciating.
|
|
The crux of the problem, writes Haines, is that Twitter hadn't given Favstar and other developers that had been working with the older APIs (and other depreciating functionality) answers about pricing and other details so that they could see if a retooling of their services would be possible.
|
|
"The very recent price rally across the industrial commodities space may also be related to the recent sharp depreciation of RMB against USD, which should boost RMB-denominated asset prices and Chinese traders' appetite in importing refined metals as a hedge against depreciating currency," said Citi in a note.
|
|
To prevent the offshore yuan from depreciating too quickly, the Chinese central bank also issues short-term yuan-denominated bills in Hong Kong that essentially mop up liquidity from the market and raise borrowing costs for the yuan, making it more expensive for people to short the renminbi.
|
|
The company just had a press event back in March for its educational iPad launch in the midst of strong iPhone sales but unfavorable news cycles around HomePods leaving ring marks on wooden tables, defective MacBook Pro keyboards, and the fallout since confirming that it throttled iPhone speeds for depreciating batteries.
|
|
The double whammy of ever-accelerating inflation and the rapidly depreciating currency has turned Venezuela into a pauper state, where more than 80 percent of people live below the poverty line, food is so scarce that few can have three meals a day, and even the most basic medicines are unavailable.
|
|
In 2018, The New York Times reported that Jared Kushner, Mr. Trump's son-in-law and adviser, likely didn't pay federal income taxes for several years because of paper losses generated by depreciating his companies' properties, despite his significant wealth and earnings from other sources, according to confidential financial documents.
|
|
Nigerian stocks on Thursday headed for their fifth straight day of losses to a new four-year low, and a fall in oil prices to just over $30 per barrel, rising external debt and a depreciating currency pose a threat to economic stability in the country of more than 190 million people.
|
|
The Treasury expects the economy to grow by 0.9 percent this year, down from 1.3 percent in 2015 and the central bank is expected to raise interest rates further to rein in inflation that has been driven higher by wage hikes, a depreciating rand and surging food prices after the worst drought in decades.
|
|
KEY RATING DRIVERS Demand to Weaken: Fitch expects demand for consumer durables to be sluggish in the next six to 12 months due to rising interest rates, an increase in taxes on consumer durables and a depreciating Sri Lankan rupee, which raises the prices of imported goods that account for the majority of products sold by Abans.
|
|
What's happening: While investors worried aloud that a Kirchner presidential victory in October's election would cause the country's bonds to default, torpedo its stock market and further sink its depreciating currency (already worth about one-third of what it was just a few years ago), the curve ball of a Kirchner vice presidency has so far gotten market approval.
|
|
The Shanghai Composite tanked as much as 3 percent early Tuesday before paring losses, having tumbled 7 percent on Monday amid weak manufacturing surveys, a depreciating yuan, the introduction of circuit breakers and the upcoming lifting of a six-month ban on share sales by investors with holdings of 5 percent or more in a company.
|
|
Uruguay's spiraling inflation is a major policy headache for the center-left government that is also grappling with a fiscal deficit that hit 3.8 percent of gross domestic product in January, its highest level in 13 years, and a local currency which has weakened 8.4 percent so far in 2016, after depreciating 20 percent in 2015.
|
|
"There was a trade war … It took place last year and America won it because it effectively imposed 10 percent tariffs on China and 12 percent on the rest of the world and 15 percent on Europe by depreciating the dollar," Paul Gambles, managing partner at Thailand-based advisory firm MBMG Group, told CNBC's "Squawk Box Europe" on Thursday.
|
|
"The yuan will keep depreciating as time goes by, so we should swap the money we have in hand into tangible assets," Li Xiaodong, chairman of Canaan Capital, tells his audience, while exhorting them to pull their money out of China while the going is still good and pour it into property in Spain and Portugal.
|
|
Other inclusions amplify the dot as an open symbol, for example Damien Hirst's poker-faced dot painting, "Cytosine-5-H" (2007), and there are instances of dialogue between artworks, like the same Hirst painting, staring down the proportionately cynical "Painting with Detail (Blue)" (1987) by Roy Lichtenstein, on the opposite wall — an example of Lichtenstein's occasional self-depreciating jokes.
|
|
"The spread between the onshore and offshore yuan has now reached some of the highest levels in the pair's history – a clear indication of both volatility and intervention," said Angus Nicholson, a market strategist at IG. Markets generally expect the onshore yuan to continue depreciating against the dollar on the back of sluggish growth prospects, accelerating capital outflows and demand for overseas assets.
|
|
The most expensive parts of the tax bill are a reduction in the corporate tax rate from 225 to 239.6 percent, with lost revenues totaling $23 trillion over ten years, along with a five-year provision letting corporations immediately write off the entire cost of capital investments, instead of depreciating them over several years, with an additional revenue loss of $2260 billion.
|
|
One German tabloid newspaper on Friday featured an image of Draghi as Count Dracula "sucking' savers" money away, while new Austrian National Bank Governor Robert Holzmann expressed public concerns over the longevity of Draghi's policy in an interview with Bloomberg TV. President Donald Trump also took to Twitter in the aftermath of the ECB's announcement, which included 20 billion euros in net asset purchases per month for an indefinite period and a 10 basis point deposit rate cut, to accuse the ECB of depreciating the euro with a knock-on effect of hurting U.S. exports.
|
|
Here's what you should include:Modes of transportation, including cars, motorcycles, and boats (note that there is a more complicated calculation to determine the actual value of depreciating assets like these, but we won't get into it for the sake of this example)The market value of your home, if you own itThe cash value of a permanent life insurance policy The balance of any retirement accountsThe balance of any taxable investment accountsThe balance of any savings accountsThe balance of any checking accountsSome things you may consider including:The cash value of any expensive jewelry, fine art, furniture, or clothingBusiness interests2.
|
|