Asia AM: Dollar hits four-year high against yen, Abenomics pr...

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/G8OTZZ/MJ2PU8/Z9SGFK/IY8ZJL/   Asia AM Friday May 10 2013 How useful are FT email briefings to you and what can we do to improve them? Take our short survey Financial Times - Asia homepage   Dollar hits four-year high against yen Further currency weakness is expected to boost Japanese inflation and push equity and property prices higher, making exporters more competitive http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/T1WGOJ/36/h?a1=2013&a2=5&a3=9   Abenomics propels yen weakness The rise of Abenomics has compelled investors to bet big against the Japanese yen, while also stoking a dramatic rally in Japanese stocks http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/Q3MT83/36/h?a1=2013&a2=5&a3=9   Report blasts ENRC for Congo deals Kofi Annan's Africa Progress Panel says the Congo incurred losses of $1.36bn as a result of the alleged undervaluation of state assets in five mining deals http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/CWTISX/36/h?a1=2013&a2=5&a3=9   Equities pause as focus shifts to FX The recent strong run for US and European stocks came to an end as all eyes turned to the currency markets following the dollar's break above the Y100 level http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/20SZ4V/36/h?a1=2013&a2=5&a3=9   Retailer leaps on Microsoft Nook bid talk According to leaked internal documents obtained by TechCrunch, Microsoft is proposing a $1bn offer to buy the digital assets of Nook Media http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/MJ2PTN/36/h?a1=2013&a2=5&a3=9   Fannie Mae to pay $59bn to US Treasury The latest payout takes the total dividends it has paid to the US Treasury to $95bn after an $116.1bn bailout in 2008 to cover mortgage losses http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/Z8EV7G/36/h?a1=2013&a2=5&a3=9   Chinese cyberspies mean business, says Pentagon Pentagon report on Beijing's military capabilities highlights that every resource is at the state's disposal when it comes to espionage http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/K9CNU7/36/h?a1=2013&a2=5&a3=9   Dynasty's end in sight as Bhutto family loses its grip PPP's feeble campaigning elsewhere and Imran Khan's resurgence have prompted some forecasters to put the PPP in third place nationwide http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/9MUKIT/36/h?a1=2013&a2=5&a3=9   Apple's 'iRadio' talks hit royalties snag Despite signing up Universal, the iPhone maker is still negotiating terms with Sony, while it is close to reaching agreement with Warner http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/K9CNUY/36/h?a1=2013&a2=5&a3=9   Chinese film director faces probe over children One of China's most famous film directors faces inquiry after reports he violated mainland's strict family planning policies by having seven children http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/SU4B6J/36/h?a1=2013&a2=5&a3=9   Financial Times - US homepage   JPMorgan sued over credit card debt collecting Thursday's suit echoes the wave of foreclosure-related robo-signing accusations that engulfed big US banks, including JPMorgan, almost three years ago http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/Z8EVZ3/36/h?a1=2013&a2=5&a3=9   Falcone and Harbinger to pay SEC $18m Falcone to be allowed to remain as chief executive and chairman of fund, but accepts bar from acting as an investment adviser for two years http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/20SZ46/36/h?a1=2013&a2=5&a3=9   Midwest leads US manufacturing revival The half a million net new manufacturing jobs gained since early 2010 are thought to be directly attributable to the recovery of the auto industry http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/LSV31Y/36/h?a1=2013&a2=5&a3=9   Financial Times - UK Homepage   Hester vows to oversee RBS sell-off Chief executive determined to see through transformation of the majority state-owned lender from 'bust bank to normal bank to really good bank' http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/YGICA3/36/h?a1=2013&a2=5&a3=9   UK watchdog launches probes into KPMG Investigation into whether group was independent when it audited car dealer Pendragon in 2010 and 2011 and regarding shares held by a KPMG partner http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/YGICAR/36/h?a1=2013&a2=5&a3=9   MPs back case for third Heathrow runway The Commons transport committee has rejected the case for a new hub airport in the Thames estuary, as promoted by Boris Johnson, London's mayor http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/VTK6VU/36/h?a1=2013&a2=5&a3=9   Cameron reassures investors on EU exit Prime minister's efforts undermined by London mayor Boris Johnson who said Britain should be prepared to 'walk away' from Europe http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/CWTI98/36/h?a1=2013&a2=5&a3=9   Russia mocks Swedish supertroopers Debate has been stirred in country about its defence capabilities, with a poll suggesting only 6% of Swedes trust country's abilities http://link.ft.com/r/G8OTZZ/Z84QYA/HDGAS1/MSYVHC/RP5H8I/36/h?a1=2013&a2=5&a3=9   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. 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