Today’s Issue Cluster: Asean
Autos – Massive air bag recall could drive Takata into the red
Tech – More move to India’s Silicon Valley than the real Silicon Valley
US – First-Quarter Output Drop Doesn’t Measure Up with First-Quarter Hiring
US – May: Consumer Spending Weak; +0.2% from 0 / AP / B / WSJ / R / r *
US – Week: Applications for unemployment benefits dip; -2k to 312k / AP / WSJ / B / R / r *
Indonesia – The political outsider FT * * *
Vietnam – Behind Anti-China Riots, a Tinderbox of Wider Grievances WSJ *
Vietnam – Ready to rumble FT * * *
Philippines – With Emerging Markets Back in Favor, Money Flows wsj *
Asia – Sputtering Growth Engine wsj *
Asia – Sinking Yields Spur a Property-Buying Shift WSJ *
South China Sea – Malaysia, China Keep Low Profile on Conflicting Claims WSJ *
South China Sea – Countries Bolster Claims With Island Outposts WSJ *
South China Sea – Troubled waters FT *
Ukraine – Russia and Others Seek Extended Truce, but Separatists Balk NYT / WSJ
Ukraine – Putin Drops Military Option R / FT / WSJ / B / AP
Ukraine – Merkel Warns Russia of Sanctions Threat WSJ / FT / AP / B
Ukraine – Companies Face Russia Sanctions Headache WSJ / FT *
Ukraine – To sign EU deal that sparked revolution AP / WSJ
Ukraine – Russian stocks stage remarkable turnround FT * * *
US – Risk Officers Gain More Clout at Banks WSJ *
US – Lenders Are Warned on Risk WSJ *
UK – BOE moves to curb housing boom FT / WSJ / B / AP / NYT / q * * *
UK – BOE Crashing the party FT *
UK – House prices versus 2007/08 peak / t *
UK – ‘Sacrifice the greenbelt to fix the broken property market’ FT
Media – Justices Rule Aereo Violates Broadcasters’ Copyrights WSJ / NYT / R / B / FT / AP *
Media – Aereo’s Loss Shifts Goal Posts for Networks WSJ *
Media – Aereo Ruling Muddies the Picture on Cloud Storage WSJ / B
Autos – Industry struggles to solve air bag explosions despite mass recalls R / WSJ
Autos – Massive air bag recall could drive Takata into the red R *
Tech – The Crunch: What’s Next After Rally IBD
Tech – More move to India’s Silicon Valley than the real Silicon Valley q *
Pork – Hog Futures Hit Record Amid Tighter Supplies WSJ *
Pork – Global Market Starts to Shift WSJ *
Oil – Rulings on Exports Roil Industry, Washington WSJ / FT *
Oil – US refiners hit by Pioneer’s export move FT / WSJ *
Oil – Iraq upheaval threatens development plans AP
Oil – China Won’t Feel Big Energy Pinch from Iraq wsj *
Oil – The opaque world of Myanmar’s industry FT * *
Oil – Mexico is poised to reopen its industry to foreigners FT * *
US – First-Quarter Output Drop Doesn’t Measure Up with First-Quarter Hiring wsj *
US – Health-Care Spending is Poised to Pick Up, Study Says wsj *
There’s A Gold-Dispensing ATM on West 57th sny * *
