IFR Markets ForexWatch Asia Regional Daily Briefing

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IFR Markets ForexWatch Asia Regional Daily Briefing

SYDNEY, July 13 (IFR) – Market Briefs * BoE's Carney: Sterling's fall should ease big UK current account gap * U.S. on track to grow 2.3% Q2 vs +2.4% July 6 est.
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Buybacks Pump Up Stock Rally

Records reached this week by major U.S. stock indexes underscore the power of a popular but controversial tool: the corporate share buyback.
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Pound Reaps Rewards as May's Succession Calms Political Storm

After weeks of political turmoil, a semblance of stability is returning to U.K. politics, and the pound is feeling the benefit. Sterling is headed for its
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New accounting norms may induce a few surprises in Q1 numbers

While the new accounting standards would be implemented in a phased manner, companies with net worth Rs 500 crore or more would be the first
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American Airlines renews Citi, Barclays card deals

American Airlines Group Inc. said it is renewing credit-card relationships with Citigroup Inc. and Barclaycard US, taking the unusual step of sticking with two card issuers following a big merger.
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