Recession obsession keeps the mood subdued

Calm returned to global markets on Tuesday as a steadier day for Europe and Asia’s bourses and a tick higher in benchmark bond yields helped ease nerves after a jarring few days dominated by recession worries.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/MTmlBoAdKF0/recession-obsession-keeps-the-mood-subdued-idUSKCN1R704C

Asus implements fix for malware attack

Asus said on Tuesday it
released an update to fix an attack, which according to security
researchers had targeted one million-plus Asus users last year
by hijacking the computer maker’s software update system.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/TPbPnKh_IWQ/asus-implements-fix-for-malware-attack-idUSL3N21D2CE

GLOBAL MARKETS-Recession obsession keeps the mood subdued

Calm returned to global markets
on Tuesday as a steadier day for Europe and Asia’s bourses and a
tick higher in benchmark bond yields helped ease nerves after a
jarring few days dominated by recession worries.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/PUsXJTneDig/global-markets-recession-obsession-keeps-the-mood-subdued-idUSL8N21D2HC

UPDATE 1-India’s HCC to sell litigation claims to BlackRock-led investors

Hindustan Construction Company Ltd
(HCC) said on Tuesday it would sell rights to a
portfolio of awards and claims on projects tied up in litigation
to a consortium of investors led by BlackRock Inc for
17.50 billion rupees ($254.2 million).

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/N7e38zSaFr8/update-1-indias-hcc-to-sell-litigation-claims-to-blackrock-led-investors-idUSL3N21D241

Ex-McKinsey chief Gupta says he was in solitary for weeks in U.S. jail

Rajat Gupta, one of the most prominent members of the global financial elite until he was convicted of insider trading in 2012, has revealed he was kept in solitary confinement for weeks during his incarceration in an American federal prison.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/svoCAaIZCjc/ex-mckinsey-chief-gupta-says-he-was-in-solitary-for-weeks-in-u-s-jail-idUSKCN1R70XR

EMERGING MARKETS-Stocks steady but growth fears linger

Emerging-market stocks steadied on
Tuesday, but Chinese shares fell over 1 percent as the outlook
for global growth remained murky before the next round of trade
talks between the United States and China.
Currencies in the developing world weakened as the dollar
rebounded after U.S. Treasury yields edged higher.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/-SFDAUOOQkc/emerging-markets-stocks-steady-but-growth-fears-linger-idUSL3N21D1U6

Budget carrier AirAsia pulls ‘Get off in Thailand’ ads in Australia

Malaysian low-cost carrier AirAsia Group Bhd. said on Tuesday it is dropping advertisements of flights between Brisbane and Bangkok, after drawing criticism on social media that they used a double entendre that promoted sex tourism.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/AprHPhtaQ2s/budget-carrier-airasia-pulls-get-off-in-thailand-ads-in-australia-idUSKCN1R70TG