Asia AM: Watchdog probes 1m US swap contracts, Bloomberg user...


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Financial Times
Asia AM
Tuesday May 14 2013


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Financial Times - Asia homepage
 
Watchdog probes 1m US swap contracts
Authorities are squeezing unregulated derivatives dealing in markets from commodities to interest rates in the wake of the financial crisis
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/WHDAYX/LE/h?a1=2013&a2=5&a3=13
 
Bloomberg users' messages leaked online
Two long lists of confidential Bloomberg messages between traders at dozens of and their clients have been online for several years
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/9MUQ1P/LE/h?a1=2013&a2=5&a3=13
 
Pakistan PM Sharif makes economy priority
Business leaders welcome poll result that will probably give Punjabi steel magnate absolutely majority in parliament, without need for coalition
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/SU40W6/LE/h?a1=2013&a2=5&a3=13
 
Tata Steel reveals $1.6bn writedown
Weak European economy blamed for record writedown by an Indian company, as chronic overcapacity across the continent hits steelmakers
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/YGI7EI/LE/h?a1=2013&a2=5&a3=13
 
US hedge funds turn bullish on the euro
'They have done enough, we don't see a collapse as a likely scenario in the near term any more,' says the head of one large hedge fund
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/ULXVKZ/LE/h?a1=2013&a2=5&a3=13
 
Paris turns to smartphone 'culture' tax
Trenchant defence of the 'exception culturelle' in the digital age proposes imposing a tax of up to 4% on the sale of devices
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/T1WCXX/LE/h?a1=2013&a2=5&a3=13
 
Kachin conflict tests Myanmar reforms
Struggle between military and rebels in resource-rich state preoccupies residents and weighs in on effectiveness of new political system
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/MJ2HAZ/LE/h?a1=2013&a2=5&a3=13
 
Glass Lewis hits out at Goldman pay plan
In report sent to Goldman shareholders, Glass Lewis reversed guidance it gave last year when 94% of shareholders voted in favour of executive pay plan
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/NRABZL/LE/h?a1=2013&a2=5&a3=13
 
Stocks cautious on Fed tapering talk
The S&P 500 managed to inch up to a record close even as debate mounted about the US Federal Reserve's strategy to exit its bond-buying programme
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/6ANY39/LE/h?a1=2013&a2=5&a3=13
 
Cameron to rush out draft bill on EU vote
Any referendum put before parliament could succeed only if Labour and Lib Dems supported it – an unlikely scenario since both have criticised poll
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/RP5O4C/LE/h?a1=2013&a2=5&a3=13
 

Financial Times - US homepage
 
Petrobras bond sale sets record
The record-setting corporate debt sale from emerging markets comes as Brazilian companies are taking advantage of a rally in global corporate bonds
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/RP5O4O/LE/h?a1=2013&a2=5&a3=13
 
Todd looked up suicide on web, inquest told
A coroner's inquiry, which opened on Monday, comes after uncertainty over the fate of US engineer who worked for a Singapore government research agency
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/WHDAY4/LE/h?a1=2013&a2=5&a3=13
 
Obama voices anger at tax probe allegations
President speaks out as House ways and means committee announces Friday hearing into claims that tax authorities targeted conservative groups
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/87PEUF/LE/h?a1=2013&a2=5&a3=13
 

Financial Times - UK Homepage
 
Google's antitrust settlement criticised
The deal, intended to make the search engine titan list more competitors' services, contains loopholes that will undermine its impact, opponents say
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/6ANY3I/LE/h?a1=2013&a2=5&a3=13
 
Taxmen, police and spies look at bitcoin threat
Concern over how criminals might seek to exploit the electronic cash system, which is currently unregulated by any financial authority
http://link.ft.com/r/LVA6WW/DXN20S/YHDR05/FKMCD6/JQ01CU/LE/h?a1=2013&a2=5&a3=13
 
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