Asia AM: Market bulls run into the sand, China data add urgen...


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Financial Times
Asia AM
Friday May 24 2013

Financial Times - Asia homepage
 
Market bulls run into the sand
Swing in sentiment marked the first significant interruption to what has been a prolonged period of rising stock markets since last November
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/WHD333/RF/h?a1=2013&a2=5&a3=23
 
China data add urgency to stimulus calls
Factory activity shrank for the first time in seven months, raising concerns of sluggish growth and adding to pressure on Beijing to act
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/LSVDDK/RF/h?a1=2013&a2=5&a3=23
 
Japan slump tests faith in Abenomics run
Nikkei dives 7%, the steepest fall since the March 2011 earthquake and tsunami, in the first setback to Abe's drive to reflate third-largest economy
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/52F86V/RF/h?a1=2013&a2=5&a3=23
 
Chinese banks barred from sponsoring IPOs
The China Securities Regulatory Commission suspends three brokerages from handling any IPO business as it seeks to clean up the market
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/SU4JJE/RF/h?a1=2013&a2=5&a3=23
 
Google faces fresh inquiry from FTC
The regulators are probing areas of the display advertising market where Google has had a leading presence since its acquisition of display company DoubleClick in 2007
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/XBYPPJ/RF/h?a1=2013&a2=5&a3=23
 
P&G brings back veteran Lafley as chief
Procter & Gamble's embattled chief executive Bob McDonald is stepping down and will be replaced by his predecessor AG Lafley after a period of weak performance
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/7Z3OO0/RF/h?a1=2013&a2=5&a3=23
 
Bangladesh factory probe finds 'violations'
A Bangladeshi government investigation committee finds poor building construction at fault for deaths of hundreds of garment factory workers
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/DXHZZ2/RF/h?a1=2013&a2=5&a3=23
 
Chinese solar industry seeks tariff deals
Panel makers seek settlements with the EU and US to avoid steep charges that they claim penalise operations as they struggle with losses
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/52F860/RF/h?a1=2013&a2=5&a3=23
 
Obama rewrites rules for drone strikes
Fresh regulations come in ahead of US president's speech on legal, moral and political considerations behind use of machines
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/HI644C/RF/h?a1=2013&a2=5&a3=23
 
Twitter lures advertisers with ad tracker
Group will attempt to capitalise on the trend of people visiting social networking sites and using mobile devices while watching television
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/52F88H/RF/h?a1=2013&a2=5&a3=23
 

Financial Times - US homepage
 
EU rushes out tax transparency law
Big companies' tax affairs in Europe are to be opened up to greater public scrutiny with the EU rushing out a law to reveal profits and taxes
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/PN7QQ7/RF/h?a1=2013&a2=5&a3=23
 
Spain's banks face €10bn more provisions
More than €200bn of loans rolled over before they expired – often because corporate borrowers would be unable to repay on time and in full, says recent data
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/4VRGG6/RF/h?a1=2013&a2=5&a3=23
 
Obama struggles to lift cloud over detainees
More than a decade since it was set up after 9/11 to house alleged terrorists, Guantánamo Bay still casts a shadow over US counter-terrorism policy
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/IEOWXY/RF/h?a1=2013&a2=5&a3=23
 
MI5 faces inquiry into intelligence on suspects
Parliamentary inquiry prompted into how MI5 handled intelligence material relating to the two men being held over London attack
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/K9CKK0/RF/h?a1=2013&a2=5&a3=23
 
ISS settles SEC suit over information leaks
The employee accessed a confidential database from home and work and used his personal email to send voting details to the proxy solicitor, according to the SEC
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/FDGMM6/RF/h?a1=2013&a2=5&a3=23
 
Goldman reforms focus on customers
Bankers' pay and bonuses will also be more closely linked with their ability to protect the bank's reputation, Goldman says in a new report
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/MJ2YY5/RF/h?a1=2013&a2=5&a3=23
 

Financial Times - UK Homepage
 
The day UK had six hours' gas left
Low storage levels and persistent cold weather were to blame, says senior energy official, while one power supplier warns of higher bills to come
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/CWTAA8/RF/h?a1=2013&a2=5&a3=23
 
Draghi calls for 'more European UK'
Unease in continental Europe about the damaging effects to the bloc as a whole that might arise from a British exit from the EU
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/YGIUUE/RF/h?a1=2013&a2=5&a3=23
 
Dispute brews up over German shale search
Merkel faces headache from iconic German industry as she draws up framework to allow hydraulic fracturing to explore for energy supplies in Europe's biggest economy
http://link.ft.com/r/DHGUVV/DX3G08/YHDR05/2OBZSC/SU4JJM/RF/h?a1=2013&a2=5&a3=23
 
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