Asia AM: ECB gives forward guidance for first time, Crackdown...
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Asia AM
Friday July 05 2013
Financial Times - Asia homepage
ECB gives forward guidance for first time
Draghi and Carney take radical step of giving explicit guidance on low rates in response to US Fed's hints of tightening
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/RPX63Q/KI/h?a1=2013&a2=7&a3=4
Crackdown on Brotherhood intensifies
Demoralised and leaderless, Islamists struggle to react to Morsi's overthrow as their organisation considers its future in politics
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/MJ7TSC/KI/h?a1=2013&a2=7&a3=4
Coup in Cairo is a rude awakening
Events in the Middle East show that the help the region needs is not of the type the US and its allies have been giving
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/6AUD2B/KI/h?a1=2013&a2=7&a3=4
Batista begins shake-up of troubled empire
The restructuring of the group, once the brash symbol of a booming Brazil, is expected to leave the billionaire with rump assets worth only about $1bn-$2bn
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/3CNW0S/KI/h?a1=2013&a2=7&a3=4
Second wind for regulators bruises banks
The past fortnight has been a potentially expensive one for banks on both sides of the Atlantic as regulators step up demands on capital levels
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/NRMHJZ/KI/h?a1=2013&a2=7&a3=4
EU threatens to halt data sharing with US
Home affairs commissioner says bloc will halt access to financial transaction and airline passenger information if Americans break security laws
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/LSZL9K/KI/h?a1=2013&a2=7&a3=4
Portugal 'finds formula' to avert collapse
Pedro Passos Coelho, Portugal's prime minister, said Lisbon's two ruling coalition parties had 'found a formula to maintain government stability'
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/VTIVLI/KI/h?a1=2013&a2=7&a3=4
Taiwan's fishermen sail in troubled waters
Efforts to make a living force fishing boats further out to sea sparking clashes with authorities in neighbouring countries who accuse them of poaching
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/MJ7TS5/KI/h?a1=2013&a2=7&a3=4
Microsoft reaches agreement with Sinofsky
Steven Sinofsky, former Windows boss who left Microsoft last November, reached a deal with the software company that grants him $14m worth of shares
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/52PKV3/KI/h?a1=2013&a2=7&a3=4
US non-farm payrolls likely to disappoint
Recent economic reports from the US have been mixed, making a job market disappointment more likely than a number well ahead of forecasts
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/Z8S7GJ/KI/h?a1=2013&a2=7&a3=4
UK Homepage
Dovish central banks trigger share surge
Amid thin trading on the US holiday, European stocks rally as traders are caught on the hop by BoE and ECB policy comments
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/JQ2UEM/KI/h?a1=2013&a2=7&a3=4
Watson quits as Labour election chief
Ed Miliband's ally has stepped down as campaign co-ordinator amid a growing dispute over a union attempt to influence candidate selection
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/LSZL9V/KI/h?a1=2013&a2=7&a3=4
China drug audit gives pharmas the chills
Local industry executives stress the inquiry is the latest in a regular series, which set an upper ceiling price for all patented and generic drugs
http://link.ft.com/r/A1TNOO/LSOZXE/26QPAK/XBLGNP/K9A1QM/KI/h?a1=2013&a2=7&a3=4
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