Europe Morning Headlines: EM assets hit in fierce market sell-off, Fears of QE...

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/NA70KK/Z8QUDF/8VJBC3/LQ05NB/   Europe morning headlines Wednesday June 12 2013 Financial Times - Europe homepage   EM assets hit in fierce market sell-off As yield on benchmark 10-year Treasury touched highest level in 14 months, Indian rupee hit record against US dollar and the rand its lowest in four years http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/CWHA1Y/ZH/h?a1=2013&a2=6&a3=12   Fears of QE3 slowdown drive Treasury rates up Surge in inflation-adjusted yields highlights investor expectations of moves to slow the $85bn-a-month, third round of quantitative easing http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/SUWJMB/ZH/h?a1=2013&a2=6&a3=12   Turkish police storm Taksim Square Hundreds of police wearing gas masks used tear gas and water cannons to remove the protesters from the central square in Istanbul http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/WHY3X0/ZH/h?a1=2013&a2=6&a3=12   Japan grapples with lack of entrepreneurs Prime Minister Shinzo Abe wants to create a business environment that makes it easier for Japanese to create new companies http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/SUWJML/ZH/h?a1=2013&a2=6&a3=12   German heavyweights clash over euro plan Constitutional court hearings are regarded as a barometer of German sentiment about eurozone crisis measures in run-up to September election http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/WHY3XT/ZH/h?a1=2013&a2=6&a3=12   Markets   Asia hit by fears of stimulus withdrawal Stocks soften as Bank of Japan inaction feeds perception of growing reluctance by global central banks to boost stimulus http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/7ZPOFJ/ZH/h?a1=2013&a2=6&a3=12   CBOE pays $6m to SEC for policing failure Options exchange operator settles with regulators over a civil administrative action alleging a breakdown in oversight from 2008-12 http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/20JHQC/ZH/h?a1=2013&a2=6&a3=12   CME wins bigger Brent market share The market share advance by the biggest US futures exchange comes at the expense of IntercontinentalExchange, where Brent made $213.5m last year http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/SUWJM5/ZH/h?a1=2013&a2=6&a3=12   Dole in demand as US indices fall All ten major sectors of the S&P 500 close in negative territory, with the overall benchmark down 1% and major US banks among weakest performers http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/GY65BL/ZH/h?a1=2013&a2=6&a3=12   World News   Struggle for Istanbul square turns messy Taksim fills with protesters yet the turnout lacks the scale of previous days as the centre of Turkey's protest is once again disputed ground http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/HIO4G1/ZH/h?a1=2013&a2=6&a3=12   Bloomberg proposes $19.5bn NY storm plan Mayor proposes far-reaching measures designed to protect city from rising sea levels, more frequent storms, hotter temperatures and other effects of climate change http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/FD8MHF/ZH/h?a1=2013&a2=6&a3=12   Drama grips court and gnaws at psyche Germany's constitutional courton on Tuesday heard evidence on the legality, or otherwise, of the European Central Bank's plan to save the euro http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/A5LVPT/ZH/h?a1=2013&a2=6&a3=12   Senators aim to test climate for snooping A bill from a bipartisan group would oblige the attorney-general to explain the legal authority used to justify online surveillance activities http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/OF7E2P/ZH/h?a1=2013&a2=6&a3=12   US warns EU on French culture protection EU diplomats insist they are not violating promise to avoid excluding any trade issue, since audio-visual industries can still be discussed http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/MJAYCB/ZH/h?a1=2013&a2=6&a3=12   Europe News - latest Europe news headlines - FT.com   Greece pulls plug on state broadcaster All 2,650 employees will be made redundant but can apply for jobs with a new public TV and radio station, expected to hire fewer than 1,200 workers http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/7ZPOFI/ZH/h?a1=2013&a2=6&a3=12   EU official warns on US eavesdropping EU justice official warns the US its surveillance could trample on the rights of EU citizens and failure to explain could have an impact on trade talks http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/HIO4GN/ZH/h?a1=2013&a2=6&a3=12   Blueprint for bank executioner faces shredder Showing its usual flair for countercyclical political timing, Brussels is poised to serve Berlin exactly what it does not want http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/MJAYC8/ZH/h?a1=2013&a2=6&a3=12   Erdogan's focus should be his own party The protesters may have changed the terms of the debate but the real action will now take place in the Justice and Development Party and its ecosystem http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/52N8JW/ZH/h?a1=2013&a2=6&a3=12   N Ireland pins hopes on 'economic pact' Westminster hopes the announcement of the pact will send a positive message ahead of the G8 summit and boost the region's struggling economy http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/YGEUDK/ZH/h?a1=2013&a2=6&a3=12   European companies   Elan accused of misleading shareholders Private equity group Royalty Pharma says shareholders were misinformed over voting procedures pivotal to its $6.7bn hostile bid for the Irish company http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/7ZPOF3/ZH/h?a1=2013&a2=6&a3=12   Credit Suisse appoints first woman to lead M&A Madelaine McTernan to lead its UK deals arm, taking over from Stuart Upcraft, recently appointed vice-chairman in M&A for Europe, the Middle East and Africa http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/GY65BY/ZH/h?a1=2013&a2=6&a3=12   Blavatnik funds Russian ecommerce site Raising of $130m for Lamoda is biggest ever for the sector in the country and will allow the company to build on success with its new express service http://link.ft.com/r/NA70KK/HIHYYK/C51OYF/08H843/SUWJMW/ZH/h?a1=2013&a2=6&a3=12   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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