Today’s Issue Cluster: Defense
HK – Soaring bank exposure to China sparks credit concerns
Pharma – Nitroglycerin, a Staple of Emergency Rooms, Is in Short Supply
Rare Earths – China loses trade dispute over export quotas
Germany – Apr: GfK consumer climate holding steady; 8.5 / AP
Italy – Mar: ISTAT consumer confidence jumps to highest since 2011; 101.7 from 97.7 / R *
US – Feb: Durable Goods Orders Rebound on Aircraft; +2.2% from -1.3% / WSJ / AP / R / B
US – Mar: Markit Flash Services PMI accelerates; 55.8 from 54.1 / R
US – Week: MBA Mortgage Purchase Applications Increase, +3% / cr *
Brazil – Bonds Make a Comeback WSJ *
Venezuela – Takes Steps to Ease Curbs on Currency NYT / FT *
Colombia – Peso has fallen sharply against the dollar WSJ *
Argentina – Bond Yields Lure Back Buyers WSJ *
Japan – Firms Continue to Hoard Cash WSJ *
Japan – Abe adviser warns on impact of tax hike FT / FT / AS
Japan – Debt still climbing FT * * *
Japan – Risks Housing Recovery in Temporary Worker Push B
Japan – Hours worked another reason for lost decade / b *
Japan – Shrinking new entrants to labor market / b *
Ukraine – EU feels ‘upstaged’ by US sanctions FT / WSJ
Ukraine – Eastern Europe fearful of tougher sanctions / r *
Ukraine – Funds cut Russian holdings after sanctions FT *
Ukraine – Replacing Russia gas in EU electricity production could cost Moscow $21b r *
Ukraine – ‘Dear to Our Hearts’: The Crimean Crisis from the Kremlin’s Perspective S *
ECB – Germany’s Bundesbank opens door to QE in Europe R / FT / WSJ / cityam * *
MNB – Hungary Slows Rate-Cut Pace in Central Bank Policy Shift B / WSJ
US – Banks pay out $100b in US fines FT *
US – NY Fed finds big banks enjoy taxpayer ‘subsidy’ FT / B / R
HK – Soaring bank exposure to China sparks credit concerns R / q * * *
EU – Southern Europe: From Death’s Door to Real-Estate Haven WSJ * *
EU – London and southeast house prices rise above 2008 peak FT / r / t / i * * *
EU – London ‘draining life’ from rest of economy AP / B
EU – London Property Price Growth vs. Consensus Growth Forecast / b *
Defense – Obama Tells Russia: We Will Defend NATO Members WSJ *
Defense – Japan to end self-imposed ban on weapons exports FT
Defense – Measuring the arms merchants e *
Defense – China is fourth-largest arms dealer q * * *
Defense – World’s Biggest Arms Importer, India Wants to Buy Local NYT *
Defense – Indian arms imports almost triple China, Pakistan AFP *
SoftBank – Punt on Alibaba poised to come in FT / FT * * * *
SoftBank – The Buzz Lightyear of the corporate world N / N * * *
Rare Earths – China loses trade dispute over export quotas R / NYT / FT / WSJ / AP / CD
Platinum – South Africa strike causing “irreparable” damage: producers R / FT
Iron – Ore Price Forecast Cut by Australia as Miners Boost Output B / FT
Nuclear – Japan Regulator Selects First Reactors for Possible Restart WSJ
Nuclear – The Numbers Behind Japan’s Renewed Embrace MITTR * *
Nuclear – China’s plans falter q * * *
Pharma – Nitroglycerin, a Staple of Emergency Rooms, Is in Short Supply NYT
Pharma – Investors brace for end of the biotech run FT *
One of two families, the AK-47 or the M-16 / motw *
