Asia AM: Apple chief defends tax practices, Japanese trade de...
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Asia AM
Wednesday May 22 2013
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Financial Times - Asia homepage
Apple chief defends tax practices
Tim Cook, Apple chief executive, defended the technology group's tax practices and denied it was engaged in massive tax avoidance schemes
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/IEOZUT/ZH/h?a1=2013&a2=5&a3=21
Japanese trade deficit widens
The total value of exports in April rose 3.8 per cent from a year earlier to Y5.78tn, while imports were up by 9.4 per cent to Y6.66tn
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/DXH0RN/ZH/h?a1=2013&a2=5&a3=21
Dimon victory despite investor backlash
Investors targeted their disapproval at the bank's independent directors in an unusually large vote against the re-election of Ellen Futter, David Cote and James Crown
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/OFZXGU/ZH/h?a1=2013&a2=5&a3=21
China property boom not abating
Restrictions and a property tax announced by the central government in February have not been fully implemented in any city apart from Beijing
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/RP5YON/ZH/h?a1=2013&a2=5&a3=21
Twitter wins over teens in race for users
Facebook fatigue manifesting as move by teenagers to set up extra accounts on rival sites to avoid parents' scrutiny, according to Pew Research Centre
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/9MUGQQ/ZH/h?a1=2013&a2=5&a3=21
Shares advance ahead of Bernanke speech
US stocks reach fresh record highs as investors await further clues on the outlook for monetary policy from the Federal Reserve chairman
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/CWTOJE/ZH/h?a1=2013&a2=5&a3=21
Microsoft unveils new media-friendly Xbox
The successor to the Xbox 360 represents Microsoft's bid to be the favoured content provider in the living room against competition
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/JQ071B/ZH/h?a1=2013&a2=5&a3=21
Chiefs talk up India-China trade target
While some notable agreements have boosted ties, in other ways the story of the corporate links spanning the two Asian powerhouses is less happy
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/CWTOJR/ZH/h?a1=2013&a2=5&a3=21
Rafsanjani banned from presidential poll
Guardian Council bans Esfandiar Rahim-Mashaei, an ally of outgoing President Mahmoud Ahmadi-Nejad, from participating
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/XBYJZ6/ZH/h?a1=2013&a2=5&a3=21
Shane Todd's family walk out of inquest
An inquiry into the death of an American engineer in Singapore took an unexpected turn after his family walked out of a coroner's inquest
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/T1WEC6/ZH/h?a1=2013&a2=5&a3=21
Financial Times - US homepage
Dimon performance well choreographed
Given a choice between sending a message to the board and rebuking their still-popular chief executive, JPMorgan investors chose to slap the directors
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/6ANTY2/ZH/h?a1=2013&a2=5&a3=21
Silicon Valley set for immigration win
As senators continue to haggle over a bill that would overhaul the US's immigration system, a new deal removes one of the last remaining stumbling blocks
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/MJ24HO/ZH/h?a1=2013&a2=5&a3=21
Oklahoma rallies after tornado
The devastation in Moore is extensive, with entire neighbourhoods reduced to debris, leaving residents to pick through the rubble
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/6ANTY7/ZH/h?a1=2013&a2=5&a3=21
SAP seeks programmers with autism
German software group wants to tap into a new talent pool by hiring hundreds of people with the condition to programme and test its products
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/87PBE7/ZH/h?a1=2013&a2=5&a3=21
Instant Bloomberg not fading away yet
There have been attempts to topple Bloomberg's instant messaging dominance, but the system is too popular with the financial community at the moment
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/VTK92C/ZH/h?a1=2013&a2=5&a3=21
US farmland faces asset bubble test
Prices have doubled as the Fed has held interest rates at lows and amid strong demand. What will happen when monetary policy tightens and grain supply grows
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/NRAWBF/ZH/h?a1=2013&a2=5&a3=21
Financial Times - UK Homepage
Fiat Industrial to move tax home to UK
Blow to Italy underlines the attractiveness of the UK's increasingly light corporate tax regime
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/PN7K8J/ZH/h?a1=2013&a2=5&a3=21
BP increases challenges to oil spill payouts
Oil group aims to stop what it believes are unjustified compensation payments under the settlement it agreed with victims of the 2010 Gulf of Mexico oil spill
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/20SPW4/ZH/h?a1=2013&a2=5&a3=21
Gay marriage 'tipping point' for Tory grassroots
A former chairman of Wycombe Conservative Association believes the fight against the same sex marriage bill is growing, but many deem it irrelevant
http://link.ft.com/r/R5WAEE/Z8WXZ4/OJ2XU6/YB18O8/FDGVN9/ZH/h?a1=2013&a2=5&a3=21
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