Asia AM: US attacks China as Snowden stays free, Fed fights b...
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Asia AM
Tuesday June 25 2013
Financial Times - Asia homepage
US attacks China as Snowden stays free
White House says new push to build 'strategic trust' has been dealt a 'serious setback' over China's decision to let whistleblower leave Hong Kong
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/PN55JC/CM/h?a1=2013&a2=6&a3=24
Fed fights back against 'feral hogs'
Richard Fisher, president of the Dallas Federal Reserve, warns that markets should not think the Fed will end up propping up the economy indefinitely
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/1OJJGQ/CM/h?a1=2013&a2=6&a3=24
Berlusconi found guilty in sex trial
Former premier sentenced to seven years in prison and banned from holding public office after being convicted in Milan trial that lasted more than two years
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/4VNNOI/CM/h?a1=2013&a2=6&a3=24
PBoC takes hard line over cash crunch
China's central bank finally speaks out about the credit crunch that saw interbank lending rates hit double digits, calling on lenders to help restore calm
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/3CFF6U/CM/h?a1=2013&a2=6&a3=24
Convertible bonds boom as rates rise
This month is set to be the most active for issuance in over two years, despite a markets sell-off that could slow bond offerings
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/YGQQTK/CM/h?a1=2013&a2=6&a3=24
Parts of world becoming 'uninsurable'
Insurers are concerned that increasing number and value of properties being built along waterways and coastlines is pushing up costs when disasters strike
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/MJZZQ7/CM/h?a1=2013&a2=6&a3=24
India plc goes shopping
As the country's big corporations make more and more overseas deals, they can learn lessons from the successes of their domestic peers
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/K922IO/CM/h?a1=2013&a2=6&a3=24
Google warns on EU web search rules
Significant restrictions would impede advances, such as voice-activated services, that promise to make search more useful, the US group has said
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/B4HH7R/CM/h?a1=2013&a2=6&a3=24
Europol battles cyber 'bands of brothers'
Sophisticated gangs combining computer hackers and financial services experts are able to exploit weaknesses in financial system, says crime agency
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/ULDDPE/CM/h?a1=2013&a2=6&a3=24
Deal to help revive Afghan clothes trade
Yorkshire textile company processes wool from Herat province after the Pentagon recruited British expert to help country compete in cashmere market
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/Z899HQ/CM/h?a1=2013&a2=6&a3=24
Financial Times - US homepage
Neiman Marcus files for IPO
Upscale US department store is to go public again after it was acquired for $5.1bn in 2005 by private equity groups TPG Capital and Warburg Pincus
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/LSAAE6/CM/h?a1=2013&a2=6&a3=24
Labour shortage threatens US housing rally
Fitch says the nascent housing recovery could be held back by a lack of building workers who left the industry during the recession
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/T1KK3Y/CM/h?a1=2013&a2=6&a3=24
UK Homepage
Organised crime soars in wake of crisis
Black market in counterfeit foodstuffs, pharmaceuticals and machine parts doubled to a value of about €2bn in the early years of the recession
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/RPWWFW/CM/h?a1=2013&a2=6&a3=24
Qatar emir poised to cede power to his son
Rare voluntary handover seen as a move to cement stability in state that has backed Arab uprising but is yet to hold parliamentary elections
http://link.ft.com/r/19JYUU/Q32971/PRAK1O/ZGT98M/20RR8S/CM/h?a1=2013&a2=6&a3=24
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