Asia AM: Fed keeps its foot on stimulus pedal, Obama warns Sy...


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Financial Times
Asia AM
Thursday March 21 2013

Financial Times - Asia homepage
 
Fed keeps its foot on stimulus pedal
The rate-setting Federal Open Market Committee made only slight upgrades to its assessment of the US economy and would keep buying assets for now
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/20E7XT/28/h?a1=2013&a2=3&a3=20
 
Obama warns Syria on chemical weapons
The US president is making his first trip to Israel since taking office as part of a Middle East tour, despite having to face widespread scepticism
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/3CQMKU/28/h?a1=2013&a2=3&a3=20
 
US immigration reform draws 3,000 lobbyists
Tens of millions of dollars have been spent by 656 clients, including private prisons companies with the most to lose from reform, during past 5 years
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/SU7GVL/28/h?a1=2013&a2=3&a3=20
 
UK cuts taxes to revive stagnant economy
Finance minister George Osborne tweaks Bank of England's remit in the hope that more 'monetary activism' would help spur economic recovery
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/RPZB0I/28/h?a1=2013&a2=3&a3=20
 
HP board survives investor protest vote
Institutional Shareholder Services, a proxy advisory firm, had urged shareholders to remove Ray Lane over the controversial acquisition of Autonomy
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/JQ8NLD/28/h?a1=2013&a2=3&a3=20
 
Cyprus crisis: The four scenarios
The island's parliament has rejected the proposed bailout plan but its options for getting its banking system back on its feet are limited
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/9MNDSK/28/h?a1=2013&a2=3&a3=20
 
Chinese premier pressed on cyber spying
Newly appointed US Treasury secretary Jack Lew tackles the issue at a meeting with Chinese Premier Li Keqiang during a visit to Beijing
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/IEGF1X/28/h?a1=2013&a2=3&a3=20
 
Suntech unit declared bankrupt
Company that was until recently the world's largest producer of solar panels becomes the first big Chinese group in the sector to enter insolvency
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/DX1QNQ/28/h?a1=2013&a2=3&a3=20
 
BP stays out of bidding for gulf drilling
Oil group decides not to enter auction due to uncertainty over length of US government ban imposed over the 2010 Deepwater Horizon disaster
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/6AJWEC/28/h?a1=2013&a2=3&a3=20
 
Weak software and cloud sales hit Oracle
The company's weak earnings come as a blow to investors who were hoping that corporate technology spending was returning to growth
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/HIBR1I/28/h?a1=2013&a2=3&a3=20
 

Financial Times - US homepage
 
Energy groups address US fracking fears
Alliance between industry and environmental groups seeks to address public concerns about the controversial method of extraction of shale gas and oil
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/20E7KM/28/h?a1=2013&a2=3&a3=20
 

Financial Times - UK Homepage
 
Grim data take shine off growth message
Grim economic news sees chancellor once again revising down growth forecasts and having to borrow more than previously outlined
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/NRC18J/28/h?a1=2013&a2=3&a3=20
 
BoE remit expands options for activism
Updated remit calls for BoE to consider using 'explicit forward guidance', whereby central banks pledge to keep interest rates low for specified period
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/T1M8VS/28/h?a1=2013&a2=3&a3=20
 
Property moves seen as a 'game-changer'
Analysts warn'Help to Buy' stimulus scheme could trigger a sudden rise in house prices
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/OFVL8E/28/h?a1=2013&a2=3&a3=20
 
Shrewd politics hides brutal economics
Chancellor cannot disguise the fact outcomes for economic activity and public finances are drifting further from expectations, writes Martin Wolf
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/IEGF1M/28/h?a1=2013&a2=3&a3=20
 
Osborne bids to help homebuyers
'Help to Buy' consists of two schemes designed to improve mortgage availability for borrowers with small deposits
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/PN2TO3/28/h?a1=2013&a2=3&a3=20
 
Medvedev lambasts EU over Cyprus levy
The Russian prime minister compared the bailout plan to Soviet-style expropriations and said the union had acted like an 'elephant in a china shop'
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/GYHJUQ/28/h?a1=2013&a2=3&a3=20
 
Buoyant Foxtons in talks to go public
Owner BC Partners set to double equity investment as appetite for property companies undergoes resurgence
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/YGKV50/28/h?a1=2013&a2=3&a3=20
 
Barclays' Ricci cashes in £18m in shares
UK bank's head of investment banking sells 5.7bn shares awarded as bonuses, which were deferred as part of long-term incentive plans
http://link.ft.com/r/YIQXNN/A5EV6T/3O9UZD/II5YTZ/MJ0UG9/28/h?a1=2013&a2=3&a3=20
 
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