US Morning Headlines: Alibaba abandons $60bn HK listing, Cruz stalls moves...

 
 
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Wednesday September 25 2013
 
 
US homepage
 
Alibaba abandons $60bn HK listing
 
China's biggest e-commerce company ends discussions will seek a US share sale after Hong Kong Stock Exchange rejects its board control plans
 
 
 
Cruz stalls moves to avoid Washington shutdown
 
 
EU banks set to meet Basel capital rules
 
 
JPMorgan eyes $4bn 'pay for peace' deal
 
 
ICAP staff face Libor charges
 
 
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Singapore wealth managers tested
 

Singapore's Command House has been used as a military headquarters and a presidential residence and is now a training centre for one of Singapore's growth industries - wealth management. The number of rich people in Asia is growing faster than in the rest of the world and wealth managers in Singapore are trying to provide financial services to them. But as the FT's Jeremy Grant reports, the market is more challenging for the banks than it might initially seem.

 
Markets
 
Markets drift as US shutdown looms
 
Uncertainty about direction of US monetary and fiscal policy tempers stock prices, while Australia provides one of few bright spots as Asia falls
 
 
 
Rusal attacks LME plan to cut metal queue
 
 
Iron ore seen sliding as new supplies hit
 
 
Investors snap up pension deficit stocks
 
 
Stocks move from 'hope' to 'growth' phase
 
World News
 
Obama and Rouhani revive nuclear talks
 
US president tells UN there is 'the basis for a meaningful agreement as he instructs Kerry to 'pursue this effort with the Iranian government'
 
 
 
Kenya mourns victims of mall siege
 
 
SPD split over alliance with centre-right
 
 
Qatar rethinks role in regional politics
 
 
Recovery in France remains unconvincing
 
US news
 
US Senate expands data privacy probe
 
The US Senate Commerce Committee expands investigation into multibillion-dollar data broker industry to websites owned by Time and Condé Nast
 
 
 
US administration flags 'Obamacare' data
 
 
Cruz promises healthcare funding protest
 
 
Fed probes for leaks ahead of policy news
 
 
Obama comes full circle on diplomacy plan
 
US & Canadian companies
 
Conoco in landmark Alaska drone flight
 
Conoco launches 40-lb ScanEagle surveillance drone, built by Boeing, from a research ship in the Chukchi Sea, about 120 miles from the Alaskan coast
 
 
 
Sweden to sell out of Nordea
 
 
AIG chief censured over race remarks
 
 
Applied Materials in $10bn deal for rival
 
 
Value investment guru faces biggest challenge
 
 
 
 
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