U.S. to Move Troops as Ukraine Tension Builds




U.S. to Move Troops as Ukraine Tension Builds
By Philip Shishkin in Slovyansk, Ukraine, Carol E. Lee in Kiev, Ukraine and Julian E. Barnes in Washington —Alexander Kolyandr in Moscow and Laurence Norman in Brussels contributed to this article.
The Wall Street Journal Europe
Apr 23 2014

The Pentagon announced Tuesday that U.S. troops would be sent for exercises in Eastern Europe to reassure allies on Russia’s border, after Ukraine accused pro-Russian separatists of torturing and killing two people and shooting at one of its military…read more…

U.S.- Japan Trade Deal Is Coveted— but Still Elusive




U.S.- Japan Trade Deal Is Coveted— but Still Elusive
BYMITSURU OBE
The Wall Street Journal Europe
Apr 23 2014

The U.S. and Japan had hoped to demonstrate the strength of their alliance with an announcement of a landmark trade agreement during President Barack Obama’s visit to Tokyo. That is now uncertain, with no deal just hours before Mr. Obama’s arrival. A…read more…

Abe’s Military Push Rattles Asian Region




Abe’s Military Push Rattles Asian Region
BY YUKA HAYASHI —Julian E. Barnes and Colleen McCain Nelson in Washington and Lilian Lin in Beijing contributed to this article.
The Wall Street Journal Europe
Apr 23 2014

TOKYO—Japanese Prime Minister Shinzo Abe is pushing to remove sixdecade-old constraints on his country’s military, a goal the Obama administration said Monday it supports—but one that could also unsettle the region. When President Barack Obama arrives…read more…

How Far Can China’s Xi Go in War on Corruption?




How Far Can China’s Xi Go in War on Corruption?
By Andrew Browne
The Wall Street Journal Europe
Apr 23 2014

BEIJING—High-level corruption in China operates within a system of mutually assured destruction. When senior officials become investigation targets, their entire networks often crash—family members, mistresses, friends, former colleagues, business…read more…

Beijing Acts To Free Up Money for Farm Loans




Beijing Acts To Free Up Money for Farm Loans
— Grace Zhu and Liyan Qi
The Wall Street Journal Europe
Apr 23 2014

BEIJING— China’s central bank said it will reduce the share of deposits some rural lenders need to set aside as reserves, in a move aimed at giving a lift to economic growth. The People’s Bank of China cautioned that the move doesn’t suggest a change…read more…

Yuan Down 3% for the Year; Airlines Hit




Yuan Down 3% for the Year; Airlines Hit
— Wynne Wang
The Wall Street Journal Europe
Apr 23 2014

SHANGHAI—China’s yuan fell to its weakest level in more than a year on Tuesday as Beijing has signaled that it isn’t done pushing the currency lower, a move aimed at shaking out speculators who bet on gains and flood the economy with excess cash. The…read more…

Big Players Sell China Property




Big Players Sell China Property
BY ESTHER FUNG
The Wall Street Journal Europe
Apr 23 2014

SHANGHAI—For years, Chinese property has been a sure bet for savvy investors looking to ride the country’s economic surge. Now, some of the best- known names in Chinese investing are cutting back, at least for the present. Since September, Hong Kong…read more…

Banks Battle for Stock-Trading Business




Banks Battle for Stock-Trading Business
BY JUSTIN BAER AND SAABIRA CHAUDHURI
The Wall Street Journal Europe
Apr 23 2014

Investment banks are slugging it out over stock trading. For years, equities had taken a back seat to the bigger and often more- profitable business of buying and selling fixed-income securities and commodities. But as those units are squeezed by new…read more…

Drug Firms Provide A Tonic for Stocks




Drug Firms Provide A Tonic for Stocks
BY TOMMY STUBBINGTON
The Wall Street Journal Europe
Apr 23 2014

Pharmaceutical shares led European markets higher Tuesday amid a flurry of deal activity and speculation. The Stoxx Europe 600 index gained 1.4% as traders returned after the Easter holiday. The strong start to the week followed a gain for Wall Street…read more…

Ironing Out India Mining Trouble




Ironing Out India Mining Trouble
— Abheek Bhattacharya
The Wall Street Journal Europe
Apr 23 2014

India’s red tape has been the bane of local iron-ore miners, but a boon for global ironore investors. That might remain the case even after India’s top court reversed a ban on mining the stuff in the key southern state of Goa. On the surface, the…read more…