Asia AM: Consumer groups turn screw on agencies, God’s new ba...


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Financial Times
Asia AM
Friday May 31 2013

Financial Times - Asia homepage
 
Consumer groups turn screw on agencies
Mondelez and P&G are increasingly relying on social media instead of traditional agencies to directly communicate with consumers
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/GY6FYN/50/h?a1=2013&a2=5&a3=30
 
God's new banker brings Teutonic rigour
To mend IOR's reputation as a haven for organised crime and corrupt Italian officials, Ernst von Freyberg has started checking every account, one by one
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/87UY7N/50/h?a1=2013&a2=5&a3=30
 
US first-quarter growth revised lower
Figures show consumers held up despite an increase in payroll taxes, giving some hope for momentum that will carry through to the rest of the year
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/52NX2I/50/h?a1=2013&a2=5&a3=30
 
Pork deal tests China investment in US
Offer by China's Shuanghui International for the US group comes at a sensitive moment – just ahead of a summit between Barack Obama and Xi Jinping
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/LS21S6/50/h?a1=2013&a2=5&a3=30
 
Merkel party allies accuse Hollande of shaking EU
Merkel's allies criticise Hollande after the French president says it is not for the European Commission to dictate the pace of reform in France
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/SUW6U7/50/h?a1=2013&a2=5&a3=30
 
Hyundai: Changing the mould
The South Korean carmaker has shaken off its reputation for shoddiness and is now reining back its breakneck expansion to focus on forging a premium brand.
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/NRZTRM/50/h?a1=2013&a2=5&a3=30
 
India's power shortage is economic drain
Of all the problems blamed for the recent slowdown, the electricity shortage is now regarded by government and business as among the most serious
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/4VFWVP/50/h?a1=2013&a2=5&a3=30
 
Agnelli family aims to stay on top of Fiat
Comments from chairman of carmaker and fund Exor come as bankers examine options to finance the takeover of remaining Chrysler shares
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/IE03EO/50/h?a1=2013&a2=5&a3=30
 
Goldman attracts 17,000 intern applicants
Goldman is receiving about 50,000 to 70,000 applications for full-time jobs a year. More than 80 per cent of those offered positions accepted Goldman's offer
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/LS21ST/50/h?a1=2013&a2=5&a3=30
 
Virtual currencies run into legal trouble
Legal actions and regulatory manoeuvres have made life more complicated for people who hope to make a living from trading virtual currencies
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/4VFWVU/50/h?a1=2013&a2=5&a3=30
 

Financial Times - US homepage
 
Traders shrug off Tokyo stocks slide
US and European shares gain amid hopes of continued asset buying by the Federal Reserve and increased equity purchases by Japan's public pension fund
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/3CR4CY/50/h?a1=2013&a2=5&a3=30
 
Asia growth boosts number of 'super rich'
A Boston Consulting Group report says the rise in private wealth suggests global economy is finally shrugging off the effects of the financial crisis
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/7ZPDZU/50/h?a1=2013&a2=5&a3=30
 
Buffett adds to small-city newspaper empire
Berkshire Hathaway has snapped up a series of small and medium-sized newspapers across US since purchase of Omaha World Herald in 2011
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/9M1IMR/50/h?a1=2013&a2=5&a3=30
 

Financial Times - UK Homepage
 
Infrastructure projects get £15bn boost
Coalition to announce £15bn for future infrastructure projects next month to stimulate the economy and challenge Labour to outline its growth plans
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/JQCPQO/50/h?a1=2013&a2=5&a3=30
 
Brussels throws 'grenade' with benefits case
European Commission challenges the UK's policy of making non-UK nationals from other EU states take an additional test to qualify for benefits
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/A5LE5S/50/h?a1=2013&a2=5&a3=30
 
Opec set to roll over oil production target
Opec often surprises with last minute opinion changes, but delegates say ministers are poised to keep its official production at 30m barrels a day
http://link.ft.com/r/ZE9K33/7ZS5US/YHDR05/16HI39/3CR4CR/50/h?a1=2013&a2=5&a3=30
 
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