Asia Morning Headlines: Obama to nominate Yellen as Fed chair, IMF tells nat...

 
 
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Wednesday October 09 2013
 
 
Asia homepage
 
Obama to nominate Yellen as Fed chair
 
Obama will formally nominate Ms Yellen at a ceremony at the White House on Wednesday. Current chairman Ben Bernanke will also attend
 
 
 
IMF tells nations to raise their game
 
 
Default risk a 'giant taser', says Alcoa chief
 
 
Goldman link to China corruption probe
 
 
London increases share of renminbi trade
 
 
Obama declines to veto Samsung import ban
 
 
Soaring US drone market under fire
 
 
Prosecutors give SAC settlement ultimatum
 
 
India car sales edge up for second month
 
 
Australian business mood hits 3-year high
 
 
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World News
 
Tea Party unmoved by US default threat
 
US Republicans such as Tim Huelskamp refuse to believe that the US will be unable to repay interest payments if the debt ceiling is not raised on October 17
 
 
 
Maduro seeks to rule Venezuela by decree
 
 
Iran debates 'Death to America' slogan
 
 
Nobel Prize for Higgs boson discovery
 
 
Russia hits Lithuania with dairy ban
 
Markets
 
Worries intensify over US debt default
 
Equities come under fresh pressure as US government shutdown drags on, with a quick resolution to the budget stand-off looking increasingly unlikely
 
 
 
Exit from US Treasury bills accelerates
 
 
IMF warns of China threat to exporters
 
 
Big US data gaps start to unsettle market
 
 
EU bailout fund enjoys strong bond sale
 
Asia & Pacific News
 
Singapore Girl is facing a bumpy ride
 
The winds of change are blowing in the Asian airline industry as low-cost carriers steadily eat away at the market share of established carriers
 
 
 
TPP leaders say 'significant progress' made
 
 
Child of revolution takes on art market
 
 
China and Japan warn US on default
 
Asia-Pacific Companies News
 
China tops US as leading net oil importer
 
Advances in hydraulic fracturing and horizontal drilling have unlocked reserves in shale rocks in the US, lifting domestic production
 
 
 
Yum shares hit as earnings plunge 68%
 
 
Scotland to take over Glasgow Prestwick
 
 
Yahoo Japan – money fight
 
 
Adrian Cheng helps Chow Tai Fook shine
 
 
 
 
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