May 24, 2013
Off the Charts Measured by S.&P. Returns, Obama Is on a Short List: The New York Times: ALERT FGC BOLSA - FGC FINANCIAL MARKETS; May 24, 2013.
The Standard & Poor’s 500-stock index has more than doubled since Barack Obama took office, an accomplishment achieved by only four other presidents.
Beijing Plans to Reduce the State's Role in the Economy: The New York Times Global Update; May 24, 2013.
May 24, 2013
Compiled 20:45 GMT
Compiled 20:45 GMT
By DAVID BARBOZA and CHRIS BUCKLEY
After years of relying on state spending to supercharge growth, China's new prime minister, Li Keqiang, said the government would seek to unleash the nation's creative energies.
By JANE PERLEZ
The Chinese leader, Xi Jinping, struck a stern tone as he called for the denuclearization of the Korean peninsula, according to a state-run Chinese news agency.
By MARK MAZZETTI
Some American officials and outside experts believe it could take years for an agency that has evolved into a paramilitary service to return to a focus on traditional espionage.
Dining & Wine
By JONATHAN TEPPERMAN
A gaffe by Japan's prime minister speaks volumes about Asia's current rivalries, and how they might be soothed.
By ROD NORDLAND and SHARIFULLAH SAHAK
The attackers set off a large explosion followed by numerous smaller blasts, sending United Nations and international agency workers into bomb shelters.
By ALAN COWELL
British fighter jets were scrambled after the pilot of the Pakistani flight reported the threat. The two men were arrested after the plane landed.
By ALAN COWELL and JOHN F. BURNS
With Britain still reeling with shock at the brutality and chilling indifference of the perpetrators, officials confirmed that both suspects had been known to security agents.
Banks’ lobbyists help in drafting bills on finance. | Brazil is luring the millisecond investor. | In a plus for electrics, Tesla repays a big federal loan early. | After a vote, Jamie Dimon moves to mend bank’s fences. | Andrew Ross Sorkin asks: didn’t Yahoo try a deal like this before?
Purpose is a uniquely powerful source of fuel – and satisfaction. That’s why we resonate so strongly with exhortations that speak to it, the author writes.
The departure of Robert McDonald as Procter & Gamble’s chief executive was yet another victory for the hedge fund manager William A. Ackman. But how is the activist investor doing in his other big bets?
If completed, a transaction would be one of the biggest health care deals of the year. And it could reap a sizable profit for Bausch & Lomb’s current owner, Warburg Pincus.
Dish Network’s argument that Japanese ownership of the American cellphone operator is a risk to national security is half-baked and shows desperation, the author contends.
A super-speedy prepackaged bankruptcy and a choice for convertible noteholders — all in Delaware.
A furor has erupted over comments made by Paul Tudor Jones, a billionaire hedge fund manager and philanthropist, who was captured on video trying to explain why there is a scarcity of female traders.
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Jerome Leleu and Mille Cheng will be co-heads of its equity capital markets business in Asia. The pair will replace Justin Haik, who is moving to a new role as senior client relationship manager for equities in Asia.