Hendra Liu

73 Added | 16 Magazines | 1 Follower | @hendraliu31 | Keep up with Hendra Liu on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Hendra Liu”

Euro Drops on Draghi’s Deflation Comments; Yen Climbs as Haven

The euro fell versus the dollar as the European Central Bank signaled it’s monitoring gains in the currency for deflation risks. The yen rose on …

Yen Advances for Third Day on Concern China Slowing; Kiwi Climbs

The yen advanced for a third day against the dollar as signs that growth is slowing in China’s economy, the second-biggest in the world, boosted …

Rupiah Surge Fails to Sway Bears Seeing Drop: Currencies

Indonesia is failing to convince foreign-exchange strategists that the rupiah’s world-beating gains this year are built on lasting improvements in …

How Steve Jobs Got the iPhone Into Japan - Bloomberg

The iPhone, it's safe to say, is big in Japan. Toward the end of last year, three out of every four smartphones sold in Japan were iPhones, according …

EU Ministers Hold Line on Bank Failures as ECB Sees Risks

European finance ministers made few concessions to break a deadlock on a bank-failure bill, as the European Central Bank warned that failure to enact …

Draghi Hones ECB Rate Guidance With Economic Gauge to Watch

The European Central Bank has honed its forward guidance on interest rates by giving investors a new economic gauge to watch.<p>In the past week, ECB …

Harper Piecing Together Canada Trade Markets Beyond U.S.

Canadian Prime Minister Stephen Harper has stressed the need to diversify his country’s exports away from the U.S. since taking power in 2006. One …

Raskin Confirmed by Senate as U.S. Treasury’s No. 2 Official

Federal Reserve Governor Sarah Bloom Raskin was confirmed by the U.S. Senate to be the Treasury Department’s No. 2 official and highest-ranking woman …

BOJ Faces Red Light as Yen Exporting Deflation: Chart of the Day

Bank of Japan Governor Haruhiko Kuroda may face resistance from developed-nation peers to expanding record stimulus because the currency impact may …

N.Z. Raises Key Rate to Become First Developed Nation to Tighten

New Zealand raised its key interest rate, the first developed nation to exit record-low borrowing costs this year, and said it plans to remove …

College Grads Taking Low-Wage Jobs Displace Less Educated

Jeanina Jenkins, a 20-year-old high-school graduate from St. Louis, is stuck in a $7.82-an-hour part-time job at McDonald’s Corp. that she calls a …

Senators Would Prefer a Better Fannie and Freddie

Here is a chart. Just manually looking at HP data for the first seven liquid series of each enterprise at around 10 a.m. today, no guarantees that …

How to Fix the Mortgage Market

What to do about a mortgage market that has become a ward of the federal government is one of the biggest questions left over from the 2008 financial …

Bank of England Sharpens Its Claws

There are lots of theories to explain the bubble and bust that wrecked so many people's lives over the past 10 years, but none is pithier than the …

Venezuela's Central Bank Is Increasingly Disconnected From Reality

A Venezuelan National Guard stands outside of Banco Canarias headquarters in Caracas December 3, 2009.<p>REUTERS/Jorge Silva<p>Event<p>The press statement issued by the Banco Central de Venezuela (BCV, the Central Bank) accompanying the release of January inflation data stated that inflationary trends were …

Economy

Why America Has Such A High Rate Of Payment-Card Fraud

A few months before the Target breach, roughly 152m customers had their information stolen in a hack of Adobe Systems. Last month Neiman-Marcus, a department store, reported a similar breach.<p>For crooks, there are rich pickings in such data. Total global payment-card fraud losses were $11.3 billion …

Identity Theft

Here Are 7 Investing Ideas Credit Suisse Is Presenting To Its Wealthy Clients

U.S. stocks had a stellar run last year, but got off to a rocky start this year. Emerging market currencies and bonds have taken a hit.<p>In an environment where the Fed is tapering its asset purchase program, and investors are worried about rising interest rates in the U.S. and an economic slowdown …

Credit Suisse

How Google Searches For 'School Closings' Explain The Relationship Between Weather And The Economy

BofA Merrill Lynch economist Ethan Harris has turned to an interesting metric in order to discern the impact of an unusually harsh winter this year on the economy: Google searches for the phrase "school closings," which this month hit the highest level on record.<p>A number of marquee indicators — …

Economic Data