Asia AM: US says China is stepping up cyber war, China seeks ...


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Financial Times
Asia AM
Tuesday May 07 2013

Financial Times - Asia homepage
 
US says China is stepping up cyber war
The Pentagon's comments represent perhaps the strongest yet about an issue that is raising the ire of many of Beijing's critics in Congress
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/9MUZRP/36/h?a1=2013&a2=5&a3=6
 
China seeks to alter World Bank report
The row is an example of China's growing assertiveness at international bodies and its increased willingness to challenge liberal economic prescriptions
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/B4LMNB/36/h?a1=2013&a2=5&a3=6
 
Facebook set to introduce video ads
Move by the social networking site is a bid to tap into the vast budgets that marketers spend on television that tower over online ad spending
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/HI6DTZ/36/h?a1=2013&a2=5&a3=6
 
California jeweller to plead guilty over trading tip-offs
Shaw and prosecutors agreed to prison sentence ranging from 37 to 46 months, but given his co-operation he is likely to face a shorter prison term
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/6ANV9S/36/h?a1=2013&a2=5&a3=6
 
New York state to sue BofA and Wells Fargo
The state's attorney-general alleges the banks broke new rules over how mortgages are serviced, in violation of a $25bn settlement
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/3CJOI3/36/h?a1=2013&a2=5&a3=6
 
BofA in $1.7bn lifeline settlement with MBIA
The settlement comes as UBS agrees to pay $358m to Assured Guaranty to settle claims that it underwrote faulty residential mortgage-backed securities
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/ULXU77/36/h?a1=2013&a2=5&a3=6
 
Chipmakers' capacity restraint has sharp effect
New capacity for making D-Ram and Nand Flash chips is set to be restrained as the dominant companies change strategy despite the strength of demand
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/EKBWU0/36/h?a1=2013&a2=5&a3=6
 
US regulators eye Bitcoin supervision
CFTC is 'seriously' considering whether the cyber-currency might fall under its remit because of concerns about risks to consumers and markets
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/VTK1M9/36/h?a1=2013&a2=5&a3=6
 
Sharif plans talks with army and Taliban
The former prime minister says he will confront the country's 'gigantic' terror problem if his party wins this week's general election
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/Z8EBXE/36/h?a1=2013&a2=5&a3=6
 
Immigrants would cost $6.3tn, says report
Think-tank's study, which is out of sync with most other economic analyses, is criticised for being ideologically driven and selective with facts
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/T1WPZM/36/h?a1=2013&a2=5&a3=6
 

Financial Times - US homepage
 
Setback for online retailers in US sales tax battle
Ebay said that it would fight the legislation to protect 'small businesses' with less than $10m in sales and fewer than 50 employees
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/NRASO7/36/h?a1=2013&a2=5&a3=6
 
IMG owners eye auction to top $2bn bid
Opening salvo in a sale expected to draw high-profile bidders for agency representing stars such as singer Taylor Swift and model Heidi Klum
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/A517FL/36/h?a1=2013&a2=5&a3=6
 

Financial Times - UK Homepage
 
Whitehall shuns business gurus
A drive to increase business knowhow by appointing leading figures as non-executive directors has patchy results, with some rarely being consulted
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/GY8KLZ/36/h?a1=2013&a2=5&a3=6
 
Protests mount on use of BP Gulf spill funds
The controversy is a foretaste of even fiercer disagreements that are likely over the much larger sums expected to flow into the region
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/87PAJN/36/h?a1=2013&a2=5&a3=6
 
Brussels trains its sights on Slovenia
Government infighting is detracting from Ljubljana's effort to reform its banking sector and the European Commission is being pushed to step in
http://link.ft.com/r/BLH300/Z847FH/BMU6DR/16TX06/7Z32S9/36/h?a1=2013&a2=5&a3=6
 
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