Asia AM: Three dead as anti-Morsi protests swell, Japanese bu...


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Financial Times
Asia AM
Monday July 01 2013

Financial Times - Asia homepage
 
Three dead as anti-Morsi protests swell
Despite the military's abuses and mistakes, many Egyptians now say they prefer its rule over the domination of the Brotherhood and its Islamist allies
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/87L2E2/MQ/h?a1=2013&a2=6&a3=30
 
Japanese business sentiment turns positive
The Bank of Japan's quarterly Tankan report shows that the key measure of business confidence among large manufacturers rose to plus 4 from minus 8 in March
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/3CN6X5/MQ/h?a1=2013&a2=6&a3=30
 
EU demands answers over US bug claims
A transatlantic row over surveillance has worsened over claims the US bugged EU offices with new revelations compounding Europe's concerns
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/LSZETB/MQ/h?a1=2013&a2=6&a3=30
 
Chinese banks hit Hong Kong IPO hitch
Smaller commercial lenders planning IPOs likely to be locked out of the market due to little known capital-raising rules on price-to-book ratios
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/87L2EW/MQ/h?a1=2013&a2=6&a3=30
 
Dozens die in Pakistan bomb attacks
Quetta bomb appeared to target ethnic Hazaras while roadside bomb in Peshawar narrowly missed convoy of security forces but ravaged busy market area
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/MJ7QHU/MQ/h?a1=2013&a2=6&a3=30
 
Samsung leads in key European markets
Android-based phones account for more than 70% of sales in the top five markets in the region in the three months to the end of May
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/GY0XN5/MQ/h?a1=2013&a2=6&a3=30
 
Obama in $7bn Africa power initiative
Deficit of power generation in African nations is one of the critical infrastructure constraints hampering development and stymying investment into the continent
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/K9AILE/MQ/h?a1=2013&a2=6&a3=30
 
China tightens security in restive Xinjiang
Troops have started round-the-clock patrols in the region ahead of the July 5 anniversary of the 2009 riots between local Uighurs and Han Chinese migrants
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/FDOWN3/MQ/h?a1=2013&a2=6&a3=30
 
Singapore tightens tax evasion measures
From Monday, anyone found guilty of assisting tax evasion in the Asian city state will be liable to charges normally reserved for money-laundering offences
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/4V3OKC/MQ/h?a1=2013&a2=6&a3=30
 
Investors move out of cash and into bonds
'Great rotation' out of bonds and into equities forecast by some analysts fails to materialise in first half of year, says Goldman survey
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/Z8SHM8/MQ/h?a1=2013&a2=6&a3=30
 

Financial Times - US homepage
 
Pandora upbeat on iTunes radio challenge
Internet radio group focused on personalised playlists and in-car technology ahead of crucial industry meeting over disputed artist royalty payments
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/VTIU2G/MQ/h?a1=2013&a2=6&a3=30
 
Onyx rejects $10bn takeover proposal
Amgen made an all-cash proposal priced at $120 per share, but the board concluded that the valuation 'significantly undervalued Onyx and its prospects'
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/YG9TZ1/MQ/h?a1=2013&a2=6&a3=30
 
Apple paid no UK corporation tax in 2012
Tax deductions from share awards helped wipe out tax liabilities in move likely to heighten criticism of the US giant after US Senate hearing in May
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/6AUCD0/MQ/h?a1=2013&a2=6&a3=30
 
Expectations high as Carney takes over BoE
The political hype started when George Osborne named Mr Carney as the new governor, calling him "the outstanding central banker of his generation"
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/MJ7QHH/MQ/h?a1=2013&a2=6&a3=30
 
US immigration reform faces House hurdle
Republican-dominated House would allow unauthorised residents to become legal, but no more, says the chairman of the House judiciary committee
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/PN4J83/MQ/h?a1=2013&a2=6&a3=30
 
US lobbyists rush to defend tax breaks
Last-minute lobbying battle begins in order to preserve industry tax breaks as part of sweeping overhaul of US taxation system
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/HICKPQ/MQ/h?a1=2013&a2=6&a3=30
 

UK Homepage
 
UK companies failing to meet cyber threat
Just 21% of FTSE 350 company secretaries said they had identified their key information assets and mitigated the risk of cyber crime
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/3CN6X4/MQ/h?a1=2013&a2=6&a3=30
 
Kuwait eyes $5bn investment for UK
Fund's pledge comes weeks after a failed £5.3bn takeover offer for British water utility Severn Trent by the KIA and partners Borealis of Canada
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/ULYPVC/MQ/h?a1=2013&a2=6&a3=30
 
Davey says 'lights are going to stay on'
Minister dismisses fears of 1970s style blackouts after Ofgem warning and National Grid proposal to pay businesses to cut energy usage
http://link.ft.com/r/3JFELL/LSOLJ6/GKB29U/IIK4ZR/6AUCY4/MQ/h?a1=2013&a2=6&a3=30
 
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