News from the Financial Market
FOREX-Yen climbs against dollar, euro as stocks slide
* Aussie hit hard by weak China data, fall in commodities
Reuters - 2013-05-23 Read more
ECB seeks new tools while Fed toys with exit
PARIS/WASHINGTON (Reuters) - The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling scaling back its support measures, highlighting the contrasting fortunes between the world's two biggest economic blocs.
Reuters - 2013-05-23 Read more
EU wants big companies to reveal national tax bills
BRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance.
Reuters - 2013-05-23 Read more
Dover to spin off some communication technologies businesses
(Reuters) - U.S. industrial conglomerate Dover Corp said it will spin off some of its communication technologies businesses into a publicly traded company named Knowles Corp.
Reuters - 2013-05-23 Read more
Deutsche bosses seek to win over skeptical shareholders
FRANKFURT (Reuters) - Deutsche Bank's bosses tried to convince skeptical shareholders at a lively annual meeting on Thursday that the bank was on the right track again after facing a host of legal problems.
Reuters - 2013-05-23 Read more
Canadian dollar whipsawed as market mood swings ‘from greedy to fearful’
Global stocks plunge
The Globe and Mail - 2013-05-23 Read more
Warning signs for China, Fed hints at curbing stimulus
LONDON (Reuters) - Chinese factory activity shrank in May for the first time in seven months, overshadowing signs that the euro zone's downturn tempered slightly in May, business surveys showed on Thursday.
Reuters - 2013-05-23 Read more
UK regulator fines JPMorgan 3 million pounds
LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan 3.08 million pounds ($4.6 million) for being unable to show it was giving clients the right advice.
Reuters - 2013-05-23 Read more
UPDATE 1-Tunisia in talks with Qatar over central bank deposit -PM
TUNIS, May 23 (Reuters) - Tunisia is in talks with Qatar over a deposit in Tunis' central bank "with easy conditions" Prime Minister Ali Larayedh said on Thursday.
Reuters - 2013-05-23 Read more
EU regulators accept Lufthansa, United antitrust offer
BRUSSELS (Reuters) - EU antitrust regulators accepted on Thursday concessions from Lufthansa , United Airlines , Air Canada and Continental to ease competition concerns about their transatlantic revenue-sharing pact.
Reuters - 2013-05-23 Read more