Asia AM: Global sell-off raises turbulence fears, Bernanke st...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/CTBPCC/3CFEL7/VYIL95/YHDR05/   Asia AM Friday June 21 2013 Financial Times - Asia homepage   Global sell-off raises turbulence fears Emerging markets among the worst hit as this year's rally is thrown firmly into reverse by the US Federal Reserve's plans to slow the pace of QE3 http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/SUXZSW/82/h?a1=2013&a2=6&a3=20   Bernanke strikes to great effect Thursday's sell-off reveals that plenty of excess was embedded in markets. Now, the risk of a bubble is reduced, while the Fed is still stimulating markets http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/LSA6KO/82/h?a1=2013&a2=6&a3=20   IMF warns eurozone over Greek aid International body threatens to suspend aid payments to Athens because of a shortfall that has opened up in rescue programme, say officials http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/T1K7J7/82/h?a1=2013&a2=6&a3=20   Bond sell-off causes stress in ETF industry Emerging-markets ETFs were among the worst affected, as investors took fright that the end of monetary easing would lead to outflows from developing countries http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/FD6L7H/82/h?a1=2013&a2=6&a3=20   ADM seeks buyer for $2bn cocoa unit The decision comes as agricultural traders seek to increase their exposure to the grain trade, which is driven by China's demand for food http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/A5TNCF/82/h?a1=2013&a2=6&a3=20   Cadbury's tax avoidance ahead of takeover In decade before takeover, Cadbury paid average of £6.4m a year on its ongoing UK operations, despite annual British turnover of more than £1bn http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/3CFEHS/82/h?a1=2013&a2=6&a3=20   Oracle disappoints on software sales US business software maker blames economic weakness in Asia and Brazil as it reports a lacklustre rise in revenue for the key fourth quarter http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/YGQXP4/82/h?a1=2013&a2=6&a3=20   Facebook launches 'snackable' videos Inserting 15-second videos into Instagram's photo feeds is expected to appeal to mobile users and to advertisers looking for new media for marketing messages http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/NR70YB/82/h?a1=2013&a2=6&a3=20   Brazilians determined to extend protests Movement draws in other sectors of society and calls grow for general strike as discontent spreads to aspects such as corruption and poor healthcare http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/20RITK/82/h?a1=2013&a2=6&a3=20   AT&T chief scours Europe for acquisitions AT&T has been scouring the European mobile telecoms markets for acquisitions to expand outside its core US market http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/RPWA96/82/h?a1=2013&a2=6&a3=20   UK Homepage   UK and Swiss banks face fresh risk tests Major UK and Swiss lenders are facing new demands to prove their soundness, after central bankers in both countries expressed concerns over their leverage http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/LSA6KA/82/h?a1=2013&a2=6&a3=20   Markets cold shoulder Osborne's RBS plan RBS shares fall almost 5 per cent after UK chancellor says Treasury will look at the case for dumping the bank's toxic assets into bad bank http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/RPWA95/82/h?a1=2013&a2=6&a3=20   Germany blocks Turkey's bid to join EU Berlin opposes restarting accession talks, prompting some diplomats to fear that Ankara could break off relations with the economic bloc http://link.ft.com/r/CTBPCC/20IN5K/8ANBW9/EX5126/7ZUJ6E/82/h?a1=2013&a2=6&a3=20   Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..