Asia AM: JPMorgan promotes Zames in shake-up, Bangladesh fact...


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Financial Times
Asia AM
Monday April 29 2013

Financial Times - Asia homepage
 
JPMorgan promotes Zames in shake-up
Zames, who has been named COO, has risen quickly at the bank and is now seen as a solid contender to succeed Jamie Dimon as chief executive
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/6AF3RM/FW/h?a1=2013&a2=4&a3=28
 
Bangladesh factory owner arrested
International pressure grows for reforms to prevent repeat of tragedy. Death toll expected to rise as hopes fade of finding more survivors
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/JQOC6B/FW/h?a1=2013&a2=4&a3=28
 
OECD figures shed light on tax haul
Netherlands attracted foreign direct investment of $3.5tn by the end of 2012 with cumulative capital investment of $3.5tn, while Luxembourg booked $2.28tn
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/XBDIKA/FW/h?a1=2013&a2=4&a3=28
 
Obama finalises economic team
Michael Froman, who had been expected to stay on as chief adviser for international economic affairs, will take over a trade agenda
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/NR2ZVL/FW/h?a1=2013&a2=4&a3=28
 
Chat apps undermine text revenues
More instant messages were being sent daily by the end of last year than there were text messages, according to data collected for the Financial Times
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/JQOC6Q/FW/h?a1=2013&a2=4&a3=28
 
Japanese look to invest at home
Repatriation of overseas holdings by Japanese investors suggests they are taking advantage of the sharply weaker yen and looking at domestic equities
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/EKHGTY/FW/h?a1=2013&a2=4&a3=28
 
China's bosses criticised over high pay
Public anger about inequality and corruption has made executive pay a lightning rod for media attacks, even from official outlets
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/OFA72G/FW/h?a1=2013&a2=4&a3=28
 
Macau tycoon bets on luxury hotel
Stephen Hung, a former Hong Kong banker, has begun building what he claims will be the world's most luxurious and extravagant hotel and casino
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/GYG6BJ/FW/h?a1=2013&a2=4&a3=28
 
Israel hits Gaza arms and training sites
Air strike follows a militant rocket attack on Israeli territory, in the second such operation since November's eight-day offensive against Gaza
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/DXTBL4/FW/h?a1=2013&a2=4&a3=28
 
Hollande to woo business with tax cut
Plan comes as president struggles to persuade investors and European partners that Socialist government is committed to reforms to revive economy
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/JQOC6R/FW/h?a1=2013&a2=4&a3=28
 

Financial Times - US homepage
 
Huffington Post rolls out in Germany
Seventh international launch in partnership with Burda's Tomorrow Focus for the online site contrasts with traditional news outlets
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/EKHGT1/FW/h?a1=2013&a2=4&a3=28
 
New US GDP measure is still an art form
The US Bureau of Economic Analysis will start to capitalise spending on scientific research and cultural products such as films, instead of counting them as a cost
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/SU5WM6/FW/h?a1=2013&a2=4&a3=28
 
High-frequency traders face speed limits
EBS is proposing scrapping the principle of 'first in, first out' trading, which it says gives an unfair advantage to the fastest computers
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/K90VOT/FW/h?a1=2013&a2=4&a3=28
 

Financial Times - UK Homepage
 
Ministers consider fracking sweeteners
The government is proposing to bribe local areas with cheaper energy bills in exchange for dropping opposition to shale-gas extraction projects
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/OFA72O/FW/h?a1=2013&a2=4&a3=28
 
Hedge funds' Ark gala is put on ice
Dinner that earned notoriety for scaling the heights in outrageous ostentation, has been mothballed by Ark's trustees, say people familiar with the charity
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/1OQSEX/FW/h?a1=2013&a2=4&a3=28
 
Shooting greets Italy's grand coalition
'Grand coalition' must navigate narrow path between easing tax burden and meeting fiscal constraints imposed by Brussels to revive economy
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/JQOC6E/FW/h?a1=2013&a2=4&a3=28
 
Common ground for global properties
Trade groups representing millions of landlords and investors will iron out national differences this week under the auspices of the World Bank
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/K90VON/FW/h?a1=2013&a2=4&a3=28
 
IG set to widen market for Bitcoin bets
The UK's biggest spread-betting operator says that betting on Bitcoin has turned into 'one of the more popular specialist markets' it offers
http://link.ft.com/r/H60H77/1OW367/RN7YTC/7AOA3O/LSC20J/FW/h?a1=2013&a2=4&a3=28
 
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