Asia AM: Fed’s buying slowdown hangs in balance, Judge rules ...

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/6NPSBB/87L1TP/Q4WND2/18E32X/   Asia AM Thursday July 11 2013 Financial Times - Asia homepage   Fed's buying slowdown hangs in balance FOMC minutes show Bernanke was not signalling definite taper of quantitative easing in June but trying to be clearer on conditions to trigger it http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/LSZA5D/28/h?a1=2013&a2=7&a3=10   Judge rules Apple conspired on ebooks Ruling is a win for the Department of Justice, which argued that Apple was the ringleader in scheme to help publishers increase the price of ebooks http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/B4BH66/28/h?a1=2013&a2=7&a3=10   US equities end flat after Fed minutes US stocks were volatile after the release of the minutes of the Fed's last policy meeting, while the focus earlier was on the outlook for Chinese growth http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/NRM7XH/28/h?a1=2013&a2=7&a3=10   China faces tug-of-war over growth strategy With growth slowing the debate in China is turning to how low will Beijing's leaders let it fall before intervening to restimulate the economy http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/HIC0ZK/28/h?a1=2013&a2=7&a3=10   Shuanghui-Smithfield deal comes under fire Democratic senator Debbie Stabenow says the proposed acquisition of the US pork producer by the Chinese group raises questions about US food security http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/HIC0ZP/28/h?a1=2013&a2=7&a3=10   World News   Berlin rejects Brussels' plan for banks Main elements proposed by European Commission are rejected by senior German officials for going beyond the law and leaving taxpayers exposed http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/SUKXEL/28/h?a1=2013&a2=7&a3=10   New divisions hit Egypt's hinterland Away from Cairo and the international spotlight supporters and opponents of ousted president struggle to find ways to coexist http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/HIC0ZY/28/h?a1=2013&a2=7&a3=10   Kuwait pledges $4bn to help Egypt Kuwait's pledge to help Egypt's economy comes as Cairo prosecutor orders the arrest of Muslim Brotherhood leader Mohamed Badie and eight others http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/JQ2V7Z/28/h?a1=2013&a2=7&a3=10   China and US agree non-binding climate plan The agreement is not binding but could bolster efforts for new international climate action, which stalled after the Copenhagen summit in 2009 http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/CWGBOV/28/h?a1=2013&a2=7&a3=10   Luxembourg's Juncker calls snap election Leader was grilled for two hours by lawmakers after a probe concluded that he failed to inform parliament of 'irregularities and supposed illegalities' http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/WHEIJH/28/h?a1=2013&a2=7&a3=10   Markets   Enter the sci-fi world of central banks Inversion of capital structure due to central bank policy has led some analysts to characterise equities as being 'safer' than bonds http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/6AUPHV/28/h?a1=2013&a2=7&a3=10   Debt restructure risk as Portugal reels The recent political chaos will limit access to debt markets, meaning more dependence on the troika and the possibility of a debt restructuring http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/FDO6V0/28/h?a1=2013&a2=7&a3=10   Frontier assets prove robust in turmoil Niche and illiquid markets fare remarkably well in emerging market rout triggered by Fed's plans to scale back QE http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/HIC0ZJ/28/h?a1=2013&a2=7&a3=10   Opec expects demand for its crude to fall Opec expects demand for its crude to fall 0.3m barrels a day to 29.6m b/d in 2014 as the US shale boom eats into its share of global oil market http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/HIC0ZE/28/h?a1=2013&a2=7&a3=10   Colombia recovers from coffee fungus Colombian output for the first 6 months of the year totalled 4.9m 60kg bags, the highest since 2007, before the outbreak of coffee fungus http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/PN45KS/28/h?a1=2013&a2=7&a3=10   Asia & Pacific News   Japan told to pay forced labour claims Seoul High Court's ruling that Nippon Steel should compensate four workers for their forced labour, is likely to further sour relations with Japan http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/XBQERO/28/h?a1=2013&a2=7&a3=10   Pakistan president's aide killed in blast Police say bomber walked up to the car of President Asif Ali Zardari's security chief and blew himself up as the victim stopped to buy fruit http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/GY0O2A/28/h?a1=2013&a2=7&a3=10   Criminal MPs banned from Indian parliament Ruling will force purge of criminal politicians who had previously been able to retain their seats despite being convicted of serious crimes http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/DX8G07/28/h?a1=2013&a2=7&a3=10   India running out of TB and Aids drugs Patient groups warn that the shortages in India's public health system could cost lives and worsen problems of drug resistance http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/7Z1UBX/28/h?a1=2013&a2=7&a3=10   China trade data suggest deeper slowdown Chinese exports and imports both fell in June, underlining the economy's current weakness and raising prospect of a deeper slowdown in the months ahead http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/DX8G0A/28/h?a1=2013&a2=7&a3=10   Asia-Pacific Companies News   Yum Brands suffers on China woes Sales in the country are recovering as expected, says chief. 'For the total China division, we remain on track to open at least 700 new units this year' http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/VTIY9J/28/h?a1=2013&a2=7&a3=10   Global PC shipments fall for fifth quarter Shipments dropped to 76m units, a nearly 11 per cent decline for the second quarter compared to last year, as consumers turned to inexpensive tablets http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/87L1G4/28/h?a1=2013&a2=7&a3=10   Chow Tai Fook: gold buffer Chinese jewellery buyers took advantage of the decline in gold prices, helping Chow Tai Fook's revenues. But the demand for gold also hurt margins http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/6AUPHI/28/h?a1=2013&a2=7&a3=10   China set to expand car purchase curbs Eight more cities are expected to follow Beijing and Shanghai in limiting new car sales in an attempt to fight pollution and reduce congestion http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/1ORJP7/28/h?a1=2013&a2=7&a3=10   Tan makes bid to increase Bumi stake Indonesia's Bakrie family is proposing to sell its 23.8% stake to the London-listed coal miner's chairman in a move that requires shareholder backing http://link.ft.com/r/6NPSBB/EKTDSK/C51OYF/06B5XU/K9A25U/28/h?a1=2013&a2=7&a3=10   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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