Asia AM: Google steals music march on Apple, JPMorgan demands...

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/5F39HH/3CJEY4/VYIL95/9Z3GXS/   Asia AM Thursday May 16 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   Google steals music march on Apple Internet search group's market value tops $300bn as investors shake off worries about a potential collapse in pricing for Google's advertising http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/XBYWX9/KI/h?a1=2013&a2=5&a3=15   JPMorgan demands Bloomberg staff logs Escalation of pressure on company after it emerged Bloomberg journalists could track how clients used a service that is almost ubiquitous on Wall St http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/OFZCVM/KI/h?a1=2013&a2=5&a3=15   Cisco optimism sparks relief rally Group's rebound was most marked in the US but its comments about a steady recovery in markets around the world encouraged investors http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/FDGLTB/KI/h?a1=2013&a2=5&a3=15   IRS chief quits over Tea Party scandal News that acting IRS chief had stepped down came hours after administration succumbed to political pressure about attack on US consulate in Benghazi http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/GY8THB/KI/h?a1=2013&a2=5&a3=15   Eurozone sets bleak recession record Data likely to add to pressure on the ECB to take further action after cutting interest rates, and to revise its forecasts predicting a recovery later in the year http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/T1W7M8/KI/h?a1=2013&a2=5&a3=15   Japan's banks squeezed by Abenomics Government bond-buying forces lenders out of JGB market, a crucial source of income, prompting the biggest groups to forecast lower profits http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/XBYWXI/KI/h?a1=2013&a2=5&a3=15   Challenging domination of oil's strong few Oil price reporting agencies reject comparisons with Libor, where sponsors mechanically accepted daily estimates from banks http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/GY8TH0/KI/h?a1=2013&a2=5&a3=15   Scientists make human cloning breakthrough Human "therapeutic cloning" back on the scientific agenda as US-based team for the first time produce embryonic stem cells from those of adults http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/4VRQ9M/KI/h?a1=2013&a2=5&a3=15   Beijing signals concern at rising jobless Premier Li Keqiang warns that China faces an unprecedented challenge in finding jobs for a record number of university graduates http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/1O9YI4/KI/h?a1=2013&a2=5&a3=15   H&M calls for increases in Bangladesh pay Swedish fashion retailer says the country's minimum wage – the lowest in the world – should be revised annually in the wake of the factory collapse http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/WHD4WM/KI/h?a1=2013&a2=5&a3=15   Financial Times - US homepage   Snags await favourite for Fed job As an architect of the Fed's strategy to purchase assets and keep interest rates low, Janet Yellen is the obvious choice to succeed Ben Bernanke http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/ULXM57/KI/h?a1=2013&a2=5&a3=15   US seizes accounts of Bitcoin exchange US court orders have frozen two accounts used by Mt Gox, the home for over half of all trades between Bitcoin and government-backed currencies http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/GY8THH/KI/h?a1=2013&a2=5&a3=15   New Yorker reveals system to mask sources The launch of Strongbox comes amid a row over the US government secretly obtaining phone records of reporters for the news agency AP http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/XBYWXA/KI/h?a1=2013&a2=5&a3=15   Financial Times - UK Homepage   Sir Mervyn takes his leave on upbeat note After years of revising growth down and inflation up, this is the first inflation report since 2007 to paint a generally brighter outlook http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/EKB1LJ/KI/h?a1=2013&a2=5&a3=15   Spanish banks under pressure on bad loans Move reflects concern among regulators that banks still shying away from admitting full extent of damage inflicted by long-running economic crisis http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/LSV6OV/KI/h?a1=2013&a2=5&a3=15   RP Martin suspends chief in Libor probe Move comes as investigation deepens into interdealer broker's role in manipulation of Libor rates, which saw two former employees arrested in December http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/OFZCV6/KI/h?a1=2013&a2=5&a3=15   Oil majors threatened with 'heavy fines' Ed Davey, UK energy secretary, warns if any oil groups are caught fixing prices, they will face the 'full force of the law' and 'heavy fines' http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/3CJEQ5/KI/h?a1=2013&a2=5&a3=15   Tiny Rowland's maverick empire quietly vanishes Swiss investors seek to take private 100-year-old British group that became a global conglomerate under the larger-than-life 'Tiny' Rowland http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/DXHU1U/KI/h?a1=2013&a2=5&a3=15   Down at the Co-op Downgrades raise questions about scrutiny of the group's bank while the strain loans place on its capital is raising doubts about its future http://link.ft.com/r/5F39HH/9MJM5Z/IY8ZJL/EX7AR8/RP5AZ0/KI/h?a1=2013&a2=5&a3=15   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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