Asia AM: Flat Japanese consumer prices aid Kuroda, US charges...
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Asia AM
Friday June 28 2013
Financial Times - Asia homepage
Flat Japanese consumer prices aid Kuroda
Government data on Friday showed that core CPI across Japan was unchanged in May from a year earlier, rising from minus 0.4% in April
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/JQVKNB/GX/h?a1=2013&a2=6&a3=27
US charges Chinese with trade secret theft
US alleged that Sinovel had stolen proprietary software and technical details belonging to AMSC, a US company that makes wind turbine components
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/SUXRGZ/GX/h?a1=2013&a2=6&a3=27
Investors pull $8.6bn from US bond funds
Investment managers are closely watching the flow data for signs that withdrawals accelerate, which would force managers to sell assets
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/NR7E1T/GX/h?a1=2013&a2=6&a3=27
Iran, Russia and China prop up Assad
Three main allies supporting international financial transactions, delivering $500m a month in oil and extending credit lines, says senior economy minister
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/DXG7Q1/GX/h?a1=2013&a2=6&a3=27
US to suspend Bangladesh trade privileges
Decision from the White House will come in response to a series of disasters in the south Asian nation's garment factories
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/20RB7Z/GX/h?a1=2013&a2=6&a3=27
Nike to tackle rising Asian labour costs
Sports group's profitability nonetheless rose from same period last year thanks to product price rises, lower raw material costs and lower tax rate
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/FD65S3/GX/h?a1=2013&a2=6&a3=27
Napster co-founder attacks online media 'jackals'
Sean Parker, a venture capitalist who was the first president of Facebook, called for stronger privacy and intellectual property laws
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/RPWJBG/GX/h?a1=2013&a2=6&a3=27
Bank fees rise 9% despite dealmaking dip
Of the global fee pool, 59 per cent was generated in the Americas, illustrating how the US market has recovered compared with the rest of the world
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/20RB77/GX/h?a1=2013&a2=6&a3=27
Obama says no deals in exchange for Snowden
Barack Obama said the US still had 'a whole lot of business that we do with China and Russia' which should not be jeopardised by one extradition case
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/VTY3OZ/GX/h?a1=2013&a2=6&a3=27
Myanmar awards telecoms licences
Norway's Telenor and Qatar's Ooredoo win licences to run phone networks in Myanmar, one of the last untapped telecoms markets in the world
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/9MLVD1/GX/h?a1=2013&a2=6&a3=27
Financial Times - US homepage
Immigration reform bill clears US Senate
Bill marks the first crucial step towards overhauling the US immigration system, one of President Barack Obama's top priorities for his second term
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/Q34SH6/GX/h?a1=2013&a2=6&a3=27
US hatches mortgage risk plan for market
Politicians on Capitol Hill are taking their positions on a new bipartisan Senate bill that would wind down Fannie Mae and Freddie Mac
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/FD65SF/GX/h?a1=2013&a2=6&a3=27
Corzine charged in connection with misuse of customer funds
Corzine was chief executive of MF Global when it collapsed leaving a $1.6bn hole in customer funds after the brokerage allegedly dipped into clients' accounts
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/Z89L2E/GX/h?a1=2013&a2=6&a3=27
UK Homepage
UK industry closes on Mittelstand
Britain's often neglected medium-sized companies are closing the gap in revenue growth with Germany's admired cadre of mighty midsized businesses
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/K92D30/GX/h?a1=2013&a2=6&a3=27
Industry asked to curb peak power use
National Grid could give financial incentives to companies to reduce demand, in stark sign of urgency of UK's looming energy supply shortage
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/6APOWQ/GX/h?a1=2013&a2=6&a3=27
Fed big-hitters seek to quash QE fears
Remarks are clearest attempt by top monetary policy officials to clarify Fed policy after Ben Bernanke, Fed chairman, last week rattled the markets
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/WHIP0Q/GX/h?a1=2013&a2=6&a3=27
Improvisation the rule in bank bail-in deal
Stricter regime to force creditors to foot the bill of failed lenders instead of taxpayers will only come into force from 2018
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/LSAYPA/GX/h?a1=2013&a2=6&a3=27
CVC fund attracts pledges of €14bn
UK buyout group virtually exceeds own fundraising targets by 50% as the money raised comes in at fastest industry pace since financial crisis
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/871CKN/GX/h?a1=2013&a2=6&a3=27
Facebook investors reunite to back start-up
A trio of Facebook's earliest investors have invested $25m to back a new campus-based mobile payments company founded by a 22-year-old
http://link.ft.com/r/OZMCDD/SU7BZA/TP5EB2/C47CUJ/EK8M96/GX/h?a1=2013&a2=6&a3=27
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