Asia AM: Cyprus imposes severe capital controls, Chevron cuts...
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Asia AM
Thursday March 28 2013
Financial Times - Asia homepage
Cyprus imposes severe capital controls
Cypriot authorities announce limits on credit card transactions and money withdrawals as banks prepare to reopen for the first time in two weeks
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/OFVK80/FW/h?a1=2013&a2=3&a3=27
Chevron cuts senior executives' pay
Board decides to cut stock awards and cash bonuses for 2012 by about 10 per cent, according to a person familiar with the decision
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/MJ0WBC/FW/h?a1=2013&a2=3&a3=27
Google eyewear to be 'made in USA'
The decision to use a facility in California rather than China will boost Barack Obama's drive to ensure 'the next revolution in manufacturing' is in America
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/3CQ1KJ/FW/h?a1=2013&a2=3&a3=27
Equities undermined by eurozone worries
Poorly received Italian debt auction reflects political deadlock while concerns over Cyprus linger
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/B4POJT/FW/h?a1=2013&a2=3&a3=27
JPMorgan eyes league table's top spot
With just a few days to go before the quarter officially ends, JPMorgan is in the lead, but one big deal could put Goldman Sachs ahead
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/HIBZU0/FW/h?a1=2013&a2=3&a3=27
Hackers mount widespread cyber attack
The distributed denial of service bombardment, aimed at an anti-spam service in Europe, is reported to be so large it could slow down the internet
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/XBXR7W/FW/h?a1=2013&a2=3&a3=27
Top Pru shareholders back Thiam
Shareholders do not want to force chief out after insurer is hit by $30m fine over aborted bid takeover of Asian rival AIA
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/MJ0WB1/FW/h?a1=2013&a2=3&a3=27
Obama digital team heads to private sector
Strategists behind the 2012 presidential online campaign will create a rapid response team within Sir Martin Sorrell's advertising group
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/52STYI/FW/h?a1=2013&a2=3&a3=27
US drivers choose smartphones over luxury
Jim Farley, executive vice-president at Lincoln, warned that carmakers could in future struggle to persuade customers to switch brands
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/VT4SAX/FW/h?a1=2013&a2=3&a3=27
Walmart to challenge Amazon online
Budget retailer is moving beyond its core low-income customers in its ecommerce business and targeting more affluent web-savvy customers
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/NRCXGT/FW/h?a1=2013&a2=3&a3=27
Financial Times - UK Homepage
RBS and Lloyds must raise extra £9bn
Financial stability regulator finds that Britain's state-owned banks account for most of £25bn capital shortfall
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/K965T6/FW/h?a1=2013&a2=3&a3=27
M&A deal values hit by turmoil in Europe
Despite expectations of a revival, the renewed debt crisis in the eurozone has helped suppress the value of global M&A by nearly 10% year-on-year
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/PN2D60/FW/h?a1=2013&a2=3&a3=27
New foot-and-mouth vaccine developed
UK scientists hope to turn the tide against the livestock virus with a synthetic drug that offers greater stability than the old treatment
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/NRCXGH/FW/h?a1=2013&a2=3&a3=27
Brics agree to create development bank
Leaders of the Bric group of countries agree to establish a development bank but fail to produce detail on the size or structure of the entity
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/UL5922/FW/h?a1=2013&a2=3&a3=27
EADS approves new share structure
Shareholders reduce political influence of French and German governments and operate as a more independent company
http://link.ft.com/r/VKY5JJ/3CWYJF/ZBYFC4/ORY029/XBXR7Z/FW/h?a1=2013&a2=3&a3=27
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