Asia AM: US to send missile defence unit to Guam, Kuroda in s...
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Asia AM
Thursday April 04 2013
Financial Times - Asia homepage
US to send missile defence unit to Guam
North Korea has threatened to target Guam, a US territory and one of the key US military bases in the Asia-Pacific region, amid escalating rhetoric
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/MJCBTY/LE/h?a1=2013&a2=4&a3=3
Kuroda in spotlight with first BoJ meeting
In contrast to meetings at the European Central Bank and Bank of England, first official get-together of the new board is expected to be 'momentous'
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/IE81PX/LE/h?a1=2013&a2=4&a3=3
Bundesbank launches Deutsche probe
Central bank investigates claims lender hid up to $12bn in losses during financial crisis by misvaluing credit derivatives
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/WHXZ29/LE/h?a1=2013&a2=4&a3=3
Obama takes pay cut 'to share in sacrifice'
Obama's move signals that the White House is nervous about the public backlash against the cuts, worth $85bn through the end of September
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/UL42CQ/LE/h?a1=2013&a2=4&a3=3
Bitcoin bubble grows and grows
Buying frenzy has sent the value of the total stock of virtual currency past $1.5bn and the price of a single unit has doubled in less than two weeks
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/SUMCOE/LE/h?a1=2013&a2=4&a3=3
Fed member hints at summer slowing of QE3
A leading dove at the Federal Reserve said it could start tapering off its QE3 programme this summer in a sign of how debate has shifted
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/HIGU3H/LE/h?a1=2013&a2=4&a3=3
China losing virtual propaganda war
In the past few years it has become fashionable to be anti-establishment and senior party officials worry they have lost control of public discourse
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/Q3ZO8V/LE/h?a1=2013&a2=4&a3=3
Ex-Goldman trader surrenders to FBI
Matthew Taylor turns himself in to US authorities on securities-related charges over alleged fabricated trades that led to a $118m loss
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/SUMCO5/LE/h?a1=2013&a2=4&a3=3
Fears of Taliban assassinations increase
Afghanistan's people and its neighbours are hedging their bets, US general tells the FT, as Nato-led forces prepare for 'high-profile' attacks
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/K9OT14/LE/h?a1=2013&a2=4&a3=3
Salz attacks warped top pay at Barclays
Review of bank's culture and practices recommends that the lender be more transparent and candid, and for the board to engage more closely with the business
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/YGDMZQ/LE/h?a1=2013&a2=4&a3=3
Financial Times - US homepage
Goldman and JPM benefit as rivals retreat
US banks are benefiting as rivals suffer decline in investment banking and capital markets activity, says Goldman president Gary Cohn
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/GYBPN6/LE/h?a1=2013&a2=4&a3=3
Lululemon product chief departs
Canadian retailer gives no indication of when product line-up will return to normal amid see-through yoga pants crisis
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/B4UJ9G/LE/h?a1=2013&a2=4&a3=3
Fallon to succeed Leno at Tonight Show
Move follows weeks of speculation and marks one of Comcast's biggest programming decisions since it took control of NBCUniversal
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/YGDMZ3/LE/h?a1=2013&a2=4&a3=3
Financial Times - UK Homepage
RSA under pressure over audit firm fees
Insurer faces questions from investors after it paid Deloitte £10m for management consulting in addition to tax and other advice
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/IE81PG/LE/h?a1=2013&a2=4&a3=3
Ofgem fine sends clear message to 'Big Six'
The case against SSE has roots in tougher standards on marketing instituted by Ofgem in 2009, but company is not only target of regulator's new-found zeal
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/XBK7AQ/LE/h?a1=2013&a2=4&a3=3
Hollande promises to root out corruption
French president plans to ban convicted politicians from office and stiffen wealth disclosure rules for ministers and members of parliament
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/K9OT1X/LE/h?a1=2013&a2=4&a3=3
Gulf states bemoan lack of top-grade ratings
Saudis and Qataris believe their economies are not being accorded the status they deserve by Moody's, Standard & Poor's and Fitch
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/UL42C4/LE/h?a1=2013&a2=4&a3=3
Electronic trading to muscle in on corporate debt
Computer-based trading is muscling in on one of the last bastions of telephone trade between dealers and investors
http://link.ft.com/r/A1TNOO/87EAAU/YHDR05/97OCNW/VTWAVK/LE/h?a1=2013&a2=4&a3=3
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