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Friday
June 29, 2012
PAGE ONE
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![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/OB-TO169_1schae_D_20120628072602.jpg)
Germany Signals It May Compromise
Germany may be willing to move sooner than expected to accept shared liability of euro-zone debt, Finance Minister Wolfgang Schäuble said in an interview with The Wall Street Journal ahead of an EU summit in Brussels.
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Politics
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/OB-TL548_0621sc_A_20120620173018.jpg)
High Court Backs Obama on Health Law
The court upheld the mandate as a tax, in an opinion by Chief Justice John Roberts. The justices also found fault with part of the health-care law's expansion of Medicaid.
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Media & Marketing
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/OB-TO030_0627mu_A_20120627212008.jpg)
News Corp. Spinoff Will 'Simplify Operations'
News Corp. CEO Rupert Murdoch said separating the publishing business from the entertainment business "would simplify operations and greater align strategic priorities."
PAGE TWO
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What's News
Here are the top business stories from today's Wall Street Journal Asia.
WORLD NEWS
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Middle East News
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/WO-AK252_SYRIA_A_20120628182144.jpg)
Turkey Sends Troops to Syria Border
Turkey deployed armored military units on its border with Syria, raising regional tensions ahead of talks on the prospect of a political transition in the country.
WORLD NEWS: ASIA
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Technology
Beijing, EU Tangle Over Telcom
Beijing is pressing the EU not to start a trade investigation into China's telecom-equipment makers that could spark a trade war.
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Business
China Users: Difficult to Access Bloomberg News
China-based Internet and mobile users said they experienced difficulty accessing Bloomberg News through its website and mobile applications Wednesday night and much of Thursday.
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Asia Business
China Plans Yuan Conversion Trial
China plans to launch a trial program allowing yuan conversion in a financial zone to be jointly developed by the cities of Shenzhen and Hong Kong.
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Business
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/OB-TO074_igas06_A_20120628000107.jpg)
Court Rules Union Carbide Not Liable in Bhopal Case
A New York federal court has dismissed all claims by Indian plaintiffs against Union Carbide for any environmental fallout of a gas leak which killed thousands of people in the Indian city of Bhopal 28 years ago.
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Asia Business
Tainted Milk Recalled in China
China's Bright Dairy & Food, whose Ubest brand of milk was found to be tainted with detergent during a routine inspection by Shanghai authorities on June 25, has started a recall.
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Asia News
South Korea Lowers Growth Outlook
South Korea lowered its outlook for economic growth and inflation this year as Asia's fourth-largest economy feels the pinch of a weakening global economy reeling from Europe's debt crisis.
CFO NETWORK
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CFO Network
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/CF-AA026_CFCOVE_A_20120628135226.jpg)
CFOs Have Long-Term Dreams, Short-Term Despair
Chief financial officers are torn between what they want to do—and what they feel they can do in this economy.
- Read the complete report.
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![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/CF-AA037_WEBER_A_20120627170406.jpg)
A Slow Fix for the Euro
UBS Chairman Axel Weber is confident Europe will get its house in order. But the process will be long and volatile.
WORLD NEWS: EUROPE
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Europe News
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/WO-AK263_EUSUMM_A_20120628184744.jpg)
Euro Zone Sees Single Bank Supervisor
Leaders said they would speed up plans to create a single supervisor to oversee the euro zone's banks, and agreed on measures aimed at reducing borrowing costs.
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Business
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/MI-BP762_EUBANK_A_20120627160347.jpg)
European Banks Face Pain in Spain
Foreign banks with big operations in Spain find themselves in a tough position, and with few options, as the nation's economy crumbles.
IN DEPTH
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Technology
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/P1-BG809_RIM_1_A_20120627164746.jpg)
Multiple Missteps Led to RIM's Fall
RIM is expected to report an operating loss following a decline caused partly by overconfidence in its keyboard devices amid the rise of touch-screen smartphones.
FROM PAGE ONE
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The Politics
![[image]](http://web.archive.org/web/20120629200523im_/http://si.wsj.net/public/resources/images/NA-BR362_HEALTH_A_20120628180229.jpg)
Obama Scores Win Ahead of Election
Obama declared victory while vowing to improve the law. But the ruling also could energize his Republicans opponents.
Today's Paper
FOOTNOTES
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Available to asia.WSJ.com subscribers
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Research In Motion posted a large quarterly loss, as sales fell 33%, and said the launch of its new BlackBerry phones will be delayed. It also said it would cut 5,000 jobs.
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Nomura acknowledged that lax internal control led to a series of leaks of insider information in high-profile share offerings by Japanese blue-chip companies dating back to 2010, following an internal probe.
Most Popular In Asia
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1.
Ancient Village Rises in Shanghai
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2.
Open-Air in Koh Samui
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3.
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Opinion: Rivkin and Casey: A Triumph and Tragedy for the Law
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4.
E-Book Is Reading You
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5.
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Opinion: Joseph Sternberg: Testing Beijing's Metal
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1.
Court Backs Obama on Health Law4618 comments
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2.
Obama Gains Among Latinos796 comments
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3.
Opinion: The Roberts Rules688 comments
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4.
Roberts Straddles Ideological Divide526 comments
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5.
The ObamaCare Tax449 comments
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On WSJ Blogs
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Deal Journal
Carl Icahn Alleges Forest Labs Conjuring Up a Dynasty
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Deal Journal
Deal Profile: AB InBev, Modelo in $20.1 Billion Deal
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Photo Journal
New York Photos of the Week June 23rd – June 29th
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Real Time Economics
Could ECB Rate Cut Boost Euro?
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Deal Journal
BofA-Countrywide: A $40 Billion Mistake By the Numbers
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Deal Journal
Coty IPO Filing Highlights: 'Skilled Acquirer', Lady Gaga Scent
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Deal Journal
Dealpolitik: Best Buy and Yahoo Struggle with Similar Problems
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Real Time Economics
Brian Sack Will Stay on at NY Fed
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Real Time Economics
Consumers Become More Pessimistic
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Real Time Economics
Secondary Sources: Oil and GDP, Access to Credit, Economics as Science
Question of the Day
Do you agree with the Supreme Court’s decision to uphold President Obama's health-care law?
Journal Reports
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CFO Network
CFOs Have Long-Term Dreams, Short-Term Despair
Chief financial officers are torn between what they want to do—and what they feel they can do in this economy.
- Read the complete report.
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View all Journal Reports
WSJ. Magazine
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King of Italy
Inside the Armani Empire | Also, Edna O'Brien's Best Friend, Being Wes Anderson, The Comeback of Christian Liaigre & Summer Poolside Glamour
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