Japan regulator probing Deutsche Bank entertainment of pension clients: sources
TOKYO (Reuters) – Japan’s securities market watchdog is investigating whether Deutsche Bank AG employees provided excessive entertainment to Japanese pension fund executives in breach of regulations, sources with knowledge of the matter said.
Auto executives more downbeat than desperate at 2013 Frankfurt show
FRANKFURT (Reuters) – At the last Frankfurt motor show in 2011, the big story was not the cars, but the euro zone crisis and specifically how the continent’s car companies could survive.
Greece will need help once more, possibly twice: ECB’s Coene
BRUSSELS (Reuters) – Bailed out euro zone nation Greece will need further help at least once and possibly twice more, European Central Bank Governing Council member Luc Coene said on Wednesday.
U.S. VW executives ‘forced’ by German boss to sign UAW letter: Sen Corker
DETROIT (Reuters) – U.S. executives at Volkswagen AG’s plant in Tennessee were “forced” by a German board member to sign a letter disclosing the United Auto Workers’ efforts to organize the factory, a move that created distress within the company, U.S….
Analysis: German business confident as China shifts gears
BERLIN/LONDON (Reuters) – Confident or complacent, German business executives are bullish about their chances of profiting from China’s transition to an economy fired by consumption rather than investment.
Insight: Changing China set to shake world economy, again
BEIJING/LONDON (Reuters) – Long after concerns about tightening U.S. monetary policy have faded, a more profound issue will still dog global policymakers: how to handle the second stage of China’s economic revolution.
PetroChina partner China Oil & Gas denies former executive under investigation
HONG KONG (Reuters) – China Oil & Gas Group Ltd , a joint venture partner with state-owned PetroChina , on Wednesday denied a newspaper report that one of its former executives was being investigated as part of a corruption probe.
Analysis: Emerging-market investors get picky with Fed set to taper
NEW YORK (Reuters) – Investors bracing for the U.S. Federal Reserve to wind down its monetary stimulus have fled emerging markets in recent months, and while the impact of slow capital flows is likely to be felt for some time, some countries will fare …
Property regains top spot as driver of wealth for China’s richest
SHANGHAI (Reuters) – China’s property industry reclaimed its spot as the number one source of income in the past year for the mainland’s wealthy, according to the China Rich List published annually by Hurun Report Inc.
US Airways, American defend planned merger in court filing
WASHINGTON (Reuters) – US Airways defended its proposed merger with American Airlines on Tuesday, arguing that the deal would create $500 million in savings to consumers annually by building a stronger competitor to Delta Air Lines Inc and United Conti…
