Asia AM: German blow to EU action against China, Brussels agr...


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Financial Times
Asia AM
Tuesday May 28 2013

Financial Times - Asia homepage
 
German blow to EU action against China
Berlin's resistance has undermined position of trade commissioner De Gucht as he confronts Beijing in the EU's biggest ever trade investigation
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/MJASDJ/LE/h?a1=2013&a2=5&a3=27
 
Brussels agrees to lift Syria arms embargo
Meeting lays bare divisions within bloc as Britain and France prevail because – without unanimous agreement – a broader package of sanctions against Syria would have expired
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/B4T5CA/LE/h?a1=2013&a2=5&a3=27
 
China eyes carbon emissions cap
Official Jiang Kejun says that Beijing is looking at tough controls on pollution, indicating a shift of position that could help boost UN climate talks
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/HIOY59/LE/h?a1=2013&a2=5&a3=27
 
Safety fears put brake on tech drive
Carmakers are optimistic that a range of new technologies can square the safety and integration circle by allowing safe phone use
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/87UZO2/LE/h?a1=2013&a2=5&a3=27
 
Valeant in $8.7bn Bausch & Lomb deal
Deal is largest in about 60 acquisitions since Pearson took charge at Valeant, boosting the group's share price after takeovers fuelled by debt
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/DXBWA9/LE/h?a1=2013&a2=5&a3=27
 
'Comfort women' gaffe wounds Osaka mayor
Once seen as a potential kingmaker, Toru Hashimoto has been outflanked by prime minister Shinzo Abe on issues of nationalism and Japan's standing
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/87UZOA/LE/h?a1=2013&a2=5&a3=27
 
Club Med to be taken over in €556m deal
Shares in French holiday resort group jump after biggest shareholders Axa Private Equity and Fosun International launch friendly offer
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/A5LMCY/LE/h?a1=2013&a2=5&a3=27
 
'Cov-lite' loans soar in dash for yield
Proportion of loans without covenants soars to more than half of all leveraged loan issuance this year, twice the level during the 2007 credit boom
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/Z8QGUG/LE/h?a1=2013&a2=5&a3=27
 
Investors pour big sums into US biotech
The resurgent mood in the US equity market has proved a boon for biotech groups as at least are said to be preparing a float in the coming months
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/VTDLFC/LE/h?a1=2013&a2=5&a3=27
 
Hedge funds call for RHJI break-up
Letter to the RHJI points out company's failings, offers resolutions that include ousting its board and calls for the return of cash to shareholders
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/T1XUJL/LE/h?a1=2013&a2=5&a3=27
 

Financial Times - US homepage
 
Trident UK's best option, says review
Long-awaited Alternatives Review to conclude next month that other proposals are more costly or impractical, threatening to provoke a coalition split
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/YGEBP0/LE/h?a1=2013&a2=5&a3=27
 
Malnourishment cost estimated at $125bn
The risk to children causes a serious 'brake' on progress in emerging economies, charity says in its study, which monitored 3,000 infants
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/Z8QGUO/LE/h?a1=2013&a2=5&a3=27
 

Financial Times - UK Homepage
 
Gulf in fees paid by council pensions
Growing political debate over whether local authority pension funds, which manage some £180bn on behalf of 4.6m people, should be forced into mergers
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/52NVG5/LE/h?a1=2013&a2=5&a3=27
 
Co-op appoints former HSBC executive
Niall Booker says there are 'no quick fixes' as it is announced that he is to replace Barry Tootell as head of the mutual group's banking arm
http://link.ft.com/r/EB8122/RPVQSJ/0GINVW/ZGLM4J/MJASKE/LE/h?a1=2013&a2=5&a3=27
 
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