US Morning Headlines: US sues BofA over mortgage securities, European stoc...

To view this email as a webpage, click here     Wednesday August 07 2013     Financial Times - US homepage   US sues BofA over mortgage securities   The suit details email exchanges between BofA staff, disagreeing about whether loans were suitable for the MBS       European stocks lower as Tokyo slides     China fines milk formula makers     Disney held back by 'Lone Ranger' flop     Twenty-First Century Fox bets on sport         Video   Emerging risk to developed world   People used to say emerging markets had 'decoupled', making them immune to recession in the developed world. Now, the concept has been upturned. Peter Oppenheimer, chief global equity strategist at Goldman Sachs, explains to Long View columnist John Authers that Europe is now only too exposed.   Markets   Simple solution to UK productivity puzzle   Most, but not all, of the recent decline in productivity in the UK can be explained by the depth and duration of the recent slowdown       Fed taper to test demand for Treasuries     Sterling recovers poise after BoE guidance     Precious metals groups tarnish FTSE     Fear gauge shows rise in complacency   World News   Rajan confronts India's economic woes   Immediate task will be help to stabilise tumbling rupee, bolster slowing growth in Asia's third biggest economy and stem outflow of foreign investment       German voters in mood for stability     North Korea calls for Kaesong talks     Japan steps up Fukushima clean-up efforts     Egypt aims to revive stalled economy   US news   Fed officials say buying may slow next month   A moderately strong report on the labour market for August could tilt the Fed towards tapering its quantitative easing programme at its next meeting       US trade gap at narrowest since 2009     Government role in housing should be limited, Obama says     Paper profit for Buffett after Bezos deal     US embassy in Yemen evacuated   US & Canadian companies   UBS to pay $50m to settle SEC charges   Bank agrees to pay $23.6m in undisclosed fees, interest and penalties to settle allegations, without admitting or denying wrongdoing       All the President's Men no more     Washington Post: don't stop now     Better future sought for Washington Post     Sony rebuffs Loeb's push for spin-off         Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.