In today's FT: Portugal faces fresh cuts to spending, Seoul on aler...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/BLH300/T15MQ0/YQ9BRO/M9C43G/   In today's FT Monday April 08 2013 Financial Times - UK Homepage   Portugal faces fresh cuts to spending Passos Coelho makes televised address after country's constitutional court rejected austerity measures seen as essential to meet deficit targets http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/DXL17U/ID/h?a1=2013&a2=4&a3=7   Seoul on alert over North Korea threat Pyongyang declares 'state of war' with the South, has blocked access to Kaesong and threatened a nuclear attack on America http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/XBKXP1/ID/h?a1=2013&a2=4&a3=7   Lagarde welcomes Japan's big stimulus IMF managing director Christine Lagarde says the huge monetary stimulus plan unveiled by Tokyo last week will help to boost global growth http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/FDHTMV/ID/h?a1=2013&a2=4&a3=7   Financial Times - US homepage   Afghan attacks kill US diplomat and soldiers Car bomb blast kills three American soldiers and a diplomat in Zabul while a civilian working with the US government died in a separate incident http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/MJC0YY/ID/h?a1=2013&a2=4&a3=7   Calpers to battle zombie boards The $255bn pension fund has identified 52 directors who have failed to win shareholder votes but either stayed in place or have been reinstated http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/NRVCER/ID/h?a1=2013&a2=4&a3=7   Central banks move into riskier assets Near-zero interest rates and large-scale money printing cut returns on US government debt and the bonds of safer eurozone sovereigns to record lows http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/SUM7RN/ID/h?a1=2013&a2=4&a3=7   Financial Times - Europe homepage   Cyprus reaches end of a long and sleazy road The collapse of the Cypriot economy is not the result of a random lurch or shift in axis. It is the end of a path traced in a long, complacent arc of ease and sleaze http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/NRVCIY/ID/h?a1=2013&a2=4&a3=7   Chinese thirst for formula spurs rationing Rampant Chinese demand for foreign-made baby milk has forced UK and Australia grocers to limit sales to two tins of infant milk formula at a time http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/WHXWPW/ID/h?a1=2013&a2=4&a3=7   Nervous Europe drives demand for dollars Surge in demand for US cash suggests world is worried about safety of its banks and future of the euro, but has no fear of inflation in US http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/CW1UZR/ID/h?a1=2013&a2=4&a3=7   Financial Times - Asia homepage   Copper price set to fall amid high output Investors are betting on a price collapse of a metal that is key to the profitability of mining groups as output rises at the fastest rate in decade http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/Z8YD1R/ID/h?a1=2013&a2=4&a3=7   Financial Times - World   Maduro needs military's loyalty Nicolás Maduro may struggle to maintain the fierce loyalty that Chávez, a former lieutenant colonel, created among senior military officials http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/WHXWPX/ID/h?a1=2013&a2=4&a3=7   Indonesia moves to outlaw black magic One of Indonesia's best-known warlocks, has a real world problem he may not be able to solve so easily: an attempt by parliament to outlaw black magic http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/Q3ZASU/ID/h?a1=2013&a2=4&a3=7   Egypt seeks increase to IMF loan Violence and protest across the country comes as negotiators from the IMF meet Egyptian officials to hammer out details of loan package http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/WHXWPC/ID/h?a1=2013&a2=4&a3=7   Kerry urges Turkey-Israel to restore ties Secreatry of state's comments reveal concern that US-brokered reconciliation of diplomatic relations between the two countries stays on course http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/4VS98Z/ID/h?a1=2013&a2=4&a3=7   Penang dances to opposition's tune in poll battle Malaysia's ruling coalition has a fight on its hands to win back a pivotal state dominated by the Democratic Action Party, the ethnic Chinese party http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/VTW43Z/ID/h?a1=2013&a2=4&a3=7   Financial Times - Companies   Calpers agitates for better governance US's largest public pension fund is 'about representing the interests of owners, versus the raiders and traders', its corporate governance head says http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/PNA2QD/ID/h?a1=2013&a2=4&a3=7   Cyber threat warning to Windows XP users Software provider will stop supporting the product next year and UK study flags inherent exposure of no security updates or technical support http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/OF2VQN/ID/h?a1=2013&a2=4&a3=7   EU life insurers not at risk, says study Study contradicts industry warnings on Solvency II rules and will strengthen the hand of the EU commissioner who has argued complaints were overstated http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/MJC0I6/ID/h?a1=2013&a2=4&a3=7   UK groups limit chiefs' pay rises A third of FTSE 100 chief executives who have disclosed their salary for 2013 have frozen their pay, says consultants Towers Watson http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/T15MRS/ID/h?a1=2013&a2=4&a3=7   Oil traffic surge strains US trains The country's largest railways are faced with the question of how heavily they should invest amid coping with slackening demand for coal http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/4VS980/ID/h?a1=2013&a2=4&a3=7   Financial Times - Financial markets news   Nikkei hits new highs as yen slides Japan leads Asia market gains as exporter shares benefit from a continued yen slide in the wake of last week's dramatic BoJ easing http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/HIGBWJ/ID/h?a1=2013&a2=4&a3=7   Biggest US rails to invest $450m in crude Union Pacific and BNSF say investment is justified because oil traffic is likely to remain high in the long term on the back of the shale oil boom http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/3C9QGW/ID/h?a1=2013&a2=4&a3=7   Financial Times - Comment   Timid US visa reform will deter workers The H1B visa manages to annoy everyone except the employers who get the lion's share of the quota, writes Edward Luce http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/IE8GX3/ID/h?a1=2013&a2=4&a3=7   ECB priority is to fix southern Europe With finite political capital, Mario Draghi should prioritise the unconventional over the conventional, writes Wolfgang Münchau http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/CW1UZN/ID/h?a1=2013&a2=4&a3=7   This is a golden age of global growth What we are seeing, despite the crises, is convergence with a vengeance. An unequal world is becoming less so, writes Arvind Subramanian http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/Z8YDLM/ID/h?a1=2013&a2=4&a3=7   Japan takes a course in Abenomics Bullying the Bank of Japan was the easy part. Now it is time for us to see Shinzo Abe do something hard, writes Robin Harding http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/6ARJO2/ID/h?a1=2013&a2=4&a3=7   Britain now has one selfish class There is no sense of mission to this modern middle class. This is about Ikea, not the anti-Corn Law League or female suffrage, writes Tristram Hunt http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/MJC0YX/ID/h?a1=2013&a2=4&a3=7   Financial Times - Management   Touched with 'madeness' Peter Marsh meets the designer Thomas Heatherwick, who straddles the disparate worlds of architecture, art and manufacturing http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/HIGB4W/ID/h?a1=2013&a2=4&a3=7   Better workplaces require better consumers Those who can afford it now have guilt-free alternatives when purchasing goods produced in low-cost countries, writes Rahul Jacob http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/LS0OYN/ID/h?a1=2013&a2=4&a3=7   The trials of self-promotion People who talk about themselves are often insecure, office experts tell Rhymer Rigby, and sometimes there's no stopping them http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/T15MF8/ID/h?a1=2013&a2=4&a3=7   Aquarium diving officer Jamie Oliver ensures fish are healthy, the water quality is high and the filtration systems are maintained at London Aquarium, he tells Rhymer Rigby http://link.ft.com/r/BLH300/RPOHV3/IY8ZJL/16L6ZD/VTW43X/ID/h?a1=2013&a2=4&a3=7   Financial Times - Special Reports Urban Demographics Investing in Japan Connected Business Trading Insight Combating Tuberculosis Video Lex Pay debate distracts boards too much The boards of the UK's listed companies are too distracted by the debate over top pay, argues Murray Steele in this personal video opinion for a new polemical series on "Better Boards". An experienced chairman and non-executive director, and former senior lecturer at Cranfield School of Management, he says boards get pay right largely and should focus on value creation more. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..