Europe Morning Headlines: Doubts over Fed’s QE3 spark dollar fall, ECB action ...

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/G8OTZZ/WHYI54/IKHZX6/QFZDL0/   Europe morning headlines Friday June 07 2013 Financial Times - Europe homepage   Doubts over Fed's QE3 spark dollar fall The move followed a euro rally after the ECB kept interest rates on hold at its monthly meeting and raised its forecasts for growth in the eurozone next year http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/3CRFGH/YT/h?a1=2013&a2=6&a3=7   ECB action calmed markets, Draghi says Bank president Mario Draghi defends controversial outright monetary transactions scheme as legal action over the programme looms in Germany http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/OF7MQ2/YT/h?a1=2013&a2=6&a3=7   Big Tobacco bets a packet on e-cigarettes Reynolds' move into e-smoking comes as the industry steps up its investment in alternatives to traditional cigarettes http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/NRZ7E6/YT/h?a1=2013&a2=6&a3=7   Facebook hit by fears over long-term prospects Shares have dipped nearly 21% in the past month on a string of negative news and concerns about the group's long-term business prospects http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/SUWXRC/YT/h?a1=2013&a2=6&a3=7   US agencies logged calls and internet Reports that the National Security Agency and Federal Bureau of Investigation are tapping into the servers of nine of the biggest US internet companies follow the confirmation the administration had compelled Verizon to hand over records http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/K9V2DM/YT/h?a1=2013&a2=6&a3=7   Markets   Stocks pressured as Asia awaits US payrolls Japanese stocks drop along with most Asian markets after a jump in the yen overnight, but regional losses are muted as investors await key US jobs report http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/52N363/YT/h?a1=2013&a2=6&a3=7   Record outflows from US junk bond funds US high-yield funds saw a record $4.63bn in outflows for the week ending on Wednesday, according the Lipper, illustrating investor anxiety http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/WHYIP5/YT/h?a1=2013&a2=6&a3=7   Foreign derivatives push divides US regulator Comments from three of five CFTC commissioners came as Gary Gensler was giving a speech outlining the need to pass the cross-border guidance http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/PNM59O/YT/h?a1=2013&a2=6&a3=7   Yum rises as S&P 500 returns gains Telecoms lead the way as the S&P 500 ticks up 0.3% to 1,613.13, having inched back down toward the support level of 1,600 in recent sessions http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/9M1LVO/YT/h?a1=2013&a2=6&a3=7   Platinum rises as unrest hurts industry South African mining industry troubles and buying by new exchange traded fund see prices rally by 5%, hitting a six-week high http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/FD8658/YT/h?a1=2013&a2=6&a3=7   World News - latest world news headlines - FT.com   Obama's gambit to forge rapport with Xi Core idea behind summit is that looming competition between the countries can be better managed if their leaders can have an open discussion http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/MJAZIW/YT/h?a1=2013&a2=6&a3=7   Putin and his wife announce divorce Russia's president and his wife Lyudmila appear on state television to say that they are to split after almost 30 years of marriage http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/1OSJHY/YT/h?a1=2013&a2=6&a3=7   Europe News - latest Europe news headlines - FT.com   Turkish markets hit as Erdogan digs in Stock market falls to 20 per cent below its recent high and euro gains against Turkish lira as PM refuses to concede to protesters' demands http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/WHYIPR/YT/h?a1=2013&a2=6&a3=7   Italy in dispute over Kazakh deportations The interior minister is under opposition pressure to explain why the wife and daughter of a former banker were sent back to a 'repressive' regime http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/OF7MQ5/YT/h?a1=2013&a2=6&a3=7   Spanish banks face energy refinancings Madrid calls in leading banks, including Santander and BBVA, to notify them of a fresh round of cuts ahead of a power sector overhaul in June http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/RP4WJK/YT/h?a1=2013&a2=6&a3=7   UK law firms' growth rate halves Fee income for many UK law firms is up by a mere average of 2.6% in 2012-13 fiscal year, less than half the median rate of the previous 12 months http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/1OSJHI/YT/h?a1=2013&a2=6&a3=7   EU Libor plan that ends self-regulation Broad sweep of the blueprint – covering thousands of benchmarks – and the intrusiveness of some rules worry both providers and users http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/DXBG7T/YT/h?a1=2013&a2=6&a3=7   European companies   Credit Suisse weighs options on German arm Swiss bank is considering a sale of part of its German wealth management unit, as it seeks to boost profitability of European onshore businesses http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/T1XKFW/YT/h?a1=2013&a2=6&a3=7   Finance: Forced into the shadows With Europe's banks reluctant to lend to struggling companies, private equity groups are stepping in – but the emergence of US-style financing comes at a price http://link.ft.com/r/G8OTZZ/RP2DZQ/40S17Y/16HLO0/Z8Q9LR/YT/h?a1=2013&a2=6&a3=7   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. 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