Asia AM: Apple to return extra $55bn to investors, Clouds dar...
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Asia AM
Wednesday April 24 2013
Financial Times - Asia homepage
Apple to return extra $55bn to investors
In a keenly anticipated financial report, Apple posted better than expected second-quarter results but warned of a further slowdown before June
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/7ZNQ9Q/AZ/h?a1=2013&a2=4&a3=23
Clouds darken over global outlook
Gloomy PMI data follow a week of meetings in Washington where leading economies acknowledged the need to do more to boost jobs and growth
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/OFA6OW/AZ/h?a1=2013&a2=4&a3=23
OECD sounds fresh warning on Japan
The 'paramount policy challenge' for the Abe government should be dealing with the country's vast debt, the group's secretary-general said during a visit to Tokyo
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/Z8I4WD/AZ/h?a1=2013&a2=4&a3=23
Huawei 'not interested in the US any more'
Security officials and politicians have repeatedly identified telecoms group as threat to national security – an allegation the Chinese company denies
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/IE6LT8/AZ/h?a1=2013&a2=4&a3=23
Bogus terror tweet sparks shares blip
The incident is the latest sign of the growing influence of Twitter on investor sentiment and the risks associated with inaccurate information
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/IE6LTT/AZ/h?a1=2013&a2=4&a3=23
China clears Marubeni-Gavilon deal
The Ministry of Commerce flexes its muscles by imposing significant conditions on $5bn takeover of US-based grain trader
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/52RIEX/AZ/h?a1=2013&a2=4&a3=23
Sino-Japanese tensions mount over Senkaku
Eight Chinese surveillance vessels entered Japanese territorial waters around the disputed islands, prompting official complaints from Japan
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/JQOTHU/AZ/h?a1=2013&a2=4&a3=23
Thai billionaire launches $6.6bn retail bid
CP All, Thailand's largest convenience store chain, offers 15% premium for Netherlands-controlled cash-and-carry retailer Siam Makro
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/OFA6OC/AZ/h?a1=2013&a2=4&a3=23
Abe fires up Japanese property stocks
Since it became clear Shinzo Abe was to return as prime minister the Topix index has risen almost 40%, making it the world's best performing market
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/FDBPU1/AZ/h?a1=2013&a2=4&a3=23
Sugar leaves sour taste in Indian drought
Maharashtra is in the grip of its worst drought in 40 years, as man-made factors combined with poor monsoon rains leave thousands without water
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/SU5V2I/AZ/h?a1=2013&a2=4&a3=23
Financial Times - US homepage
KPMG chief dismisses 'one-day wonder' scandal
Andrew concedes scandal 'will probably hurt' the firm's business in China, where the chairman is currently on a visit to Shanghai
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/HI81LC/AZ/h?a1=2013&a2=4&a3=23
US budget cuts to hit Lockheed sales
Military contractor announces new projections as it publishes first-quarter net earnings up 14 per cent to $761m on net sales down 2 per cent to $11.1bn
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/K90HBT/AZ/h?a1=2013&a2=4&a3=23
Libor heads for history in bank rate hunt
Faith in interbank rates has been shaken by a wide-ranging global scandal that has already seen three banks pay $2.6bn in penalties for rate-rigging
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/4VJYIP/AZ/h?a1=2013&a2=4&a3=23
AT&T mobile data growth boosts profits
Wireless data revenues grew by 21% and total wireless revenues and wireless service revenues both increased by 3.4% on the same quarter last year
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/3CSDY1/AZ/h?a1=2013&a2=4&a3=23
Hearing gives new details on Boeing fire
FAA used special new safety conditions that were proposed by Boeing as it determined the safety of the new battery technology
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/XBDM5E/AZ/h?a1=2013&a2=4&a3=23
Financial Times - UK Homepage
ENRC chairman quits besmirched miner
Mehmet Dalman's resignation follows a series of employee departures and investor worries over corporate governance at FTSE 100 miner
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/Z8I4WM/AZ/h?a1=2013&a2=4&a3=23
Lloyds branch sale to Co-op collapses
The bank has until the end of the year to complete the sale of its 630 branches and will have to revive plans to float it as a freestanding business
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/NR286Z/AZ/h?a1=2013&a2=4&a3=23
More hard-up Britons turn to food banks
UK charity the Trussell Trust says hundreds of thousands are in need of emergency handouts as referrals to its centres more than double
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/LSCBGV/AZ/h?a1=2013&a2=4&a3=23
HSBC – the bank that likes to say 'demising'
Business world given new euphemism to add to downsizing, delayering and rightsizing to make cutting jobs sound nicer
http://link.ft.com/r/KC2844/WHZMEX/26QPAK/ORIY2F/9MPSJP/AZ/h?a1=2013&a2=4&a3=23
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