Asia AM: Sharif prepares for victory in Pakistan poll, Dual-t...


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Financial Times
Asia AM
Monday May 13 2013


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Financial Times - Asia homepage
 
Sharif prepares for victory in Pakistan poll
As results trickle in, the Pakistan Muslim League-Nawaz looks close to achieving a parliamentary majority without the need for coalition allies
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/9MUIDO/T3/h?a1=2013&a2=5&a3=12
 
Dual-track Libor replacement lined up
A parallel system based on survey-based lending rates alongside transaction-linked indices could come into force as soon as next year
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/GY8FJM/T3/h?a1=2013&a2=5&a3=12
 
Mittal seeks Europe-China trade barriers
Steelmaker owner says future of EU manufacturing depends on Brussels helping industry battle what he says is unfair competition from China
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/6ANKX2/T3/h?a1=2013&a2=5&a3=12
 
Top hedge funds bet on Greek banks
Groups prove eager to participate in the recapitalisation of the country's banks, with many expecting far better returns than from other wagers on recovery
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/RP58GL/T3/h?a1=2013&a2=5&a3=12
 
Schäuble treaty alert on EU bank plan
Declaration just weeks before Commission presents blueprint for single bank resolution agency and rescue fund – touted the second pillar in 'banking union'
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/JQ0PNK/T3/h?a1=2013&a2=5&a3=12
 
G7 offers tacit approval for weaker yen
Participants at a meeting of the Group of Seven say they are reassured by Japan that its revolutionary economic strategy is not targeting a weaker yen
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/DXHSQZ/T3/h?a1=2013&a2=5&a3=12
 
Rafsanjani campaign challenges regime
It is an open secret in Tehran that supreme leader Ayatollah Khamenei, was opposed to his old comrade running to be elected as president again
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/IEO3NJ/T3/h?a1=2013&a2=5&a3=12
 
Oil tanker trade grows fastest in a decade
Crude being shipped much longer distances as vessels sailing from West Africa and Latin America travel to India and China instead of US
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/T1WO6L/T3/h?a1=2013&a2=5&a3=12
 
Turkey blames Syria for deadly car bombs
There is no immediate sign Ankara is planning retaliation comparable to Israel's strikes on Syria, despite Turkish pledges to respond to the killings
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/6ANKW0/T3/h?a1=2013&a2=5&a3=12
 
Rivals brace for Alibaba global push
As the Chinese group continues to build an ecosystem around ecommerce and plans a US listing, the industry expects an attack on foreign rivals
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/VTKC01/T3/h?a1=2013&a2=5&a3=12
 

Financial Times - US homepage
 
Bloomberg alerted to access issue in 2011
Company resolved at the time to end reporters' access to client data and realised that it had not done so only when Goldman called to complain
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/OFZHTF/T3/h?a1=2013&a2=5&a3=12
 
Republicans attack Tea Party tax probes
Treasury department report expected to say senior IRS officials knew of misconduct as early as June 2011, according to news agency report
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/T1WO63/T3/h?a1=2013&a2=5&a3=12
 

Financial Times - UK Homepage
 
Bischoff to take his leave from Lloyds
Bank could bring in a new chairman before the year-end, ahead of potential timetable for the government to begin selling its 39% stake
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/52FX4H/T3/h?a1=2013&a2=5&a3=12
 
Sharif seals third term as Pakistan PM
Former leader ousted in military coup wins poll that also marks the first time one democratically elected government has replaced another
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/VTKC0B/T3/h?a1=2013&a2=5&a3=12
 
Sticking to the script on Europe
David Cameron has a wary EU strategy but he needs to take a leading position and, importantly, win allies
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/LSV1UP/T3/h?a1=2013&a2=5&a3=12
 
Heathrow set for flights U-turn
Stance on mixed mode and night flying by airport is designed to increase its chances of securing permission for a third runway
http://link.ft.com/r/0QSDPP/GYUV4S/3O9UZD/C4AB3C/YGIA2C/T3/h?a1=2013&a2=5&a3=12
 
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