Today’s Issue Cluster: China
Ukraine – ‘Slipping away from the West’
Mobiles – ‘Cold War’ Seen in Asian Moves on Patent Licensing
Metals – Aluminum: China is glutting the globe
Japan – Apr: Retail sales rebound, ease pressure on BOJ; +5.0% from -9.7% / R
US – Apr: Pending Home Sales Hit Highest Level in Nine Years; +3.4%, +14% yr / WSJ / R *
US – Week: Jobless claims up; +7k to 282k / R / AP
China – Prospectors beware of equity bubble FT *
China – ‘Stockmarket a crazy casino’ e *
China – Stock market plunges more than 6% FT / WSJ *
China – Shanghai Composite vs. GDP / b *
China – Data shows HK investors pulling out, Shanghai staying put / b *
China – Rebalancing challenge FT * *
China – ‘Animal spirits indicators suggest economy not doing very well’ B
Ukraine – Takes ‘odious’ path to default FT *
Ukraine – ‘Government is making some progress’ E * *
Ukraine – ‘Slipping away from the West’ e * * * *
Insurance – Generali braced for revolution FT / FT *
Insurance – Race for assets picks up pace FT * *
China – Yet Another Ghost Town Shows Extent of Debt Crisis B *
Gaming – Macau: Casinos are betting downturn will not last E *
Gaming – Asia: Casinos hedge their bets amid China corruption crackdown FT * *
Mobiles – ‘Cold War’ Seen in Asian Moves on Patent Licensing B
Mobiles – Asian component makers take slice of Apple’s iPhone spoils FT *
Metals – Steel: Europe steps up fight over cheap imports FT * *
Metals – Iron: Australia’s Scrapped Inquiry Fires Up Debate Over Output WSJ *
Metals – Aluminum: China is glutting the globe N *
Metals – Platinum, Palladium: ‘Markets Defy Logic and Deficits’ B * *
Jewelry – China Still Dominant, and Getting Bigger B * *
Coal – China production falls in first 4 months of year AP
Coal – German ministry softens CO2 emission demands R / R
Coal – British power plant bows to the inevitable FT
Coal – Proposed EPA Rules Will Mean Fewer Plants, New Report Says wsj
Coal – US rulings require feds to consider carbon impact of mines AP
Coal – Power Plant Loses Steam WSJ
Coal – Great Barrier Reef: Battle under the sea FT * *
Pharma – China drug price reforms risk placing hospitals on life support FT *
Pharma – New Push Ties Cost of Drugs to How Well They Work WSJ *
Chinese gaming company’s HQ looks like a “Star Trek” starship cnet *