Asia AM: White House set for trade clash on banks, Probe into...


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Financial Times
Asia AM
Monday July 08 2013

Financial Times - Asia homepage
 
White House set for trade clash on banks
Washington fears that including a framework for financial regulatory convergence in EU talks could give open Dodd-Frank loophole
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/MJ7GR9/PJ/h?a1=2013&a2=7&a3=7
 
Probe into fatal San Francisco jet crash
Air safety investigators say the Boeing 777 was moving "significantly below" the required airspeed during its runway approach
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/6AUEZ7/PJ/h?a1=2013&a2=7&a3=7
 
Geithner joins top table of public speakers
The former US Treasury secretary ranks alongside Bill Clinton and Tony Blair after receiving about $400,000 for three recent speaking engagements
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/XBQMGB/PJ/h?a1=2013&a2=7&a3=7
 
Cairo seeks Gulf help as unrest continues
Signs emerge that weeks of political unrest have further damaged the country's already beleaguered economy and that instability is far from over
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/CWGFXR/PJ/h?a1=2013&a2=7&a3=7
 
North and South Korea reach Kaesong deal
The two sides agreed to allow South Korean business owners visit their facilities, and to hold more discussions towards restarting operations
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/A5HJ4Q/PJ/h?a1=2013&a2=7&a3=7
 
Murray stares down Djokovic
This was not strawberries-and-cream tennis; it was like a staring match, taking place amid an atmosphere of expectation. And it was Djokovic who blinked
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/SUKV1G/PJ/h?a1=2013&a2=7&a3=7
 
Rate rises to spur banks' capital losses
Interest rate increases are erasing paper gains made by US banks, amid concern about the 'tapering' of the central bank's bond-buying programme
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/6AUEZK/PJ/h?a1=2013&a2=7&a3=7
 
Carlos Slim invests $40m in Shazam
Carlos Slim has investment $40m in UK start-up Shazam, and the music recognition app will be preloaded on handsets sold by his América Móvil mobile operator from later this year
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/1ORX02/PJ/h?a1=2013&a2=7&a3=7
 
US pension funds slash their deficits
Trend's reversal may ease the pressure on companies to increase pensions contributions that rose in the wake of financial crisis and recovery efforts
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/52PIAD/PJ/h?a1=2013&a2=7&a3=7
 
Saudi Arabia ramps up gas drilling
Domestic demand for oil is rising from Saudi Arabia's fast growing refining sector and has prompted the need for the kingdom to produce more gas
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/RPXCUG/PJ/h?a1=2013&a2=7&a3=7
 

UK Homepage
 
Osborne set to back sweeping City reform
The chancellor is ready to pledge to implement most of the sweeping cultural changes proposed by the cross-party banking commission
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/1ORX0G/PJ/h?a1=2013&a2=7&a3=7
 
Abu Qatada denies Jordan terror charges
UK home secretary Theresa May promises to change the law to ensure quicker deportations. Authorities first tried to deport him in 2001
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/GY0UID/PJ/h?a1=2013&a2=7&a3=7
 
Portugal PM promotes partner to heal rift
Appointment of Paulo Portas, leader of the conservative People's party, signals Lisbon will seek greater leeway from international lenders on austerity
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/B4BRWY/PJ/h?a1=2013&a2=7&a3=7
 
Miliband plans to reduce union influence in party
Ed Miliband plans to dilute trade union influence in the Labour party, as he tries to answer Tory charges that he is too weak to control his party
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/XBQMGG/PJ/h?a1=2013&a2=7&a3=7
 
Made in Britain no longer tag of derision
Order books of British manufacturers are bulging as the nation builds a reputation in niche markets and draws the eye of wealthy consumers
http://link.ft.com/r/QM42II/OFVK5W/RN7YTC/PNJ1HC/SUKV1T/PJ/h?a1=2013&a2=7&a3=7
 
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