In today's FT: 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/CTBPCC/6A3P9E/Z9SGF0/YHDR05/   In today's FT Friday June 07 2013 Financial Times - UK 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/CTBPCC/87JLJ1/18E32X/IIX5OE/Z8Q9EH/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/20JR95/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/WHYIKG/JY/h?a1=2013&a2=6&a3=6   Financial Times - US homepage   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/CTBPCC/87JLJ1/18E32X/IIX5OE/SUWX5H/JY/h?a1=2013&a2=6&a3=6   US agencies logged calls and internet Reports that the National Security Agency and the Federal Bureau of Investigation are tapping into the central servers of nine of the US's biggest internet companies follow the confirmation the administration had compelled Verizon to had over record http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/Z8Q9I3/JY/h?a1=2013&a2=6&a3=6   S&P cuts outlook on Brazil sovereign rating Slow economic growth and expansionary fiscal policy that was likely to lead to rise in government debt burden were among factors behind surprise move http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/CWHBL3/JY/h?a1=2013&a2=6&a3=6   Financial Times - Europe homepage   Investors chilly over Facebook 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/CTBPCC/87JLJ1/18E32X/IIX5OE/NRZ72J/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/JQCVOK/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/87U136/JY/h?a1=2013&a2=6&a3=6   Financial Times - Asia homepage   Equities slip as Asia awaits US payrolls Japanese stocks drop along with most Asian markets after a jump in the yen overnight, but regional losses muted as investors await key US jobs report http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/FD86BU/JY/h?a1=2013&a2=6&a3=6   Beijing's Wanda closes in on UK's Sunseeker The acquisition of the yachtmaker highlights the growing number of Chinese companies trying to acquire top-end brands and technology in Europe http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/OF7MA8/JY/h?a1=2013&a2=6&a3=6   Aditya Birla pursues growth outside India Kumar Mangalam Birla, chairman of Aditya Birla, says the group will delay capital expenditure but will seek investment opportunities abroad http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/FD86BC/JY/h?a1=2013&a2=6&a3=6   World News - latest world news headlines - FT.com   Relaxed summit at 'Camp David of the west' The Sunnylands estate, where presidents Obama and Xi will meet this weekend, has hosted US presidents and Hollywood royalty for decades http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/RP4WMC/JY/h?a1=2013&a2=6&a3=6   China tells EU to admit decline in power Beijing warns that Europe's condescension and failure to recognise its fading power invite it to retaliate, as the trade row escalates http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/OF7MAM/JY/h?a1=2013&a2=6&a3=6   Gul makes his mark in Turkey's uprising President Abdullah Gul is seemingly in a power play as he seeks to exploit Prime Minister Recep Tayyip Erdogan's receding popularity http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/9M1LPT/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/NRZ72U/JY/h?a1=2013&a2=6&a3=6   Guriev warns of growing Russian oppression Sergei Guriev, the Russian political exile, points to high corruption levels in his country that are prompting capital flight and low stock prices http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/87U13I/JY/h?a1=2013&a2=6&a3=6   Companies news and analysis - FT.com   Web groups hit back at data access claims The Post reported that Project Prism, a classified programme, had been collecting emails, photos and videos from groups to track people's movements http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/4VFNJL/JY/h?a1=2013&a2=6&a3=6   BofA executives hostile in mortgage talks BofA's outside counsel said if bondholders tried to sample files that 'our grandchildren would have grandchildren before a trust would receive a dollar of recovery' http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/VTDYXW/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/SUWX50/JY/h?a1=2013&a2=6&a3=6   Virgin sues Network Rail over punctuality Operator estimates up to £15m in revenue lost in April and May over delays while Network Rail faces record fines over performance http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/Z8Q9I2/JY/h?a1=2013&a2=6&a3=6   Security alert over Huawei telecoms deal Parliament's intelligence and security committee 'shocked' that Whitehall officials failed to tell ministers about BT's use of Chinese equipment http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/3CRFSA/JY/h?a1=2013&a2=6&a3=6   Markets   'Frankenstein' CDOs twitch back to life It is not so much the CDO technology itself that is problematic, but how it is sometimes used – or abused – amid a desperate search for yield http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/MJAZVV/JY/h?a1=2013&a2=6&a3=6   Yen's rebound poses currencies headache Just two weeks after the yen hits its weakest level against the dollar since the collapse of Lehman Brothers in 2008, the dollar-yen trade is now under attack http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/XBIEDV/JY/h?a1=2013&a2=6&a3=6   Investors exit as Turkish market plunges Protests underline economic vulnerabilities, but analysts and fund managers remain largely upbeat, impressed by the dynamism of Turkish companies http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/VTDYXH/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/VTDYXT/JY/h?a1=2013&a2=6&a3=6   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/CTBPCC/87JLJ1/18E32X/IIX5OE/A5LTUA/JY/h?a1=2013&a2=6&a3=6   Financial Times - Comment   Nations and the illusion of sovereignty The concept of freedom to act has been gaining wider appeal but it as compelling as it is unrealistic http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/K9V20X/JY/h?a1=2013&a2=6&a3=6   UK must fix banks, not monetary policy What is appealing in the short term may prove a big error in the longer term: a lending boom followed by another crisis http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/T1XK4R/JY/h?a1=2013&a2=6&a3=6   Turkey needs its De Gaulle Recep Tayyip Erdogan has to choose who he is – the former French leader or Vladimir Putin, and if the former, the course of restoring order is clear http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/ULKDWK/JY/h?a1=2013&a2=6&a3=6   China and US should strike a bargain The world's two leading powers need to make a deal that would preserve the very institutions through which the global economy functions http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/LS2AC7/JY/h?a1=2013&a2=6&a3=6   It's clown time at the Pentagon We should raise a comedy brigade – a force for frivolity – that could help Washington to to shoulder its heavy soft-power burdens http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/B4TH13/JY/h?a1=2013&a2=6&a3=6   Financial Times - Management   Father who saw potential in autism In his mission to persuade high-tech companies of the merits of employing autistic workers, Thorkil Sonne has shown how the disability can be viewed as a skill http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/1OSJQ3/JY/h?a1=2013&a2=6&a3=6   Smartphones focus on function over form Three new handsets from BlackBerry, Nokia and LG highlight the fact that usability is now key in the battle to appeal to new customers http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/Q3547M/JY/h?a1=2013&a2=6&a3=6   Queen's seal boosts meek and mighty As Queen Elizabeth II celebrates the sixtieth anniversary of her coronation, the value of a royal warrant remains for companies of all sizes http://link.ft.com/r/CTBPCC/87JLJ1/18E32X/IIX5OE/OF7MAV/JY/h?a1=2013&a2=6&a3=6   Special Reports - FT.com Cyber security Investing in Gabon The Millennial Generation: part two Modern Energy Video Lex Johnson Matthey emitting success Johnson Matthey’s share price rose sharply on Thursday after positive results for the last financial year showed an uptick in demand for catalytic converters. Lex’s Julia Grindell and Vincent Boland discuss the fortunes of the old trading house 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..