Dec 13 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
GOLD PRICE PROBE EXTENDED TO DEUTSCHE BANK
MADOFF VICTIMS SET TO RECOVER THREE-QUARTERS OF LOSSES
BOJ VOWS TO STICK WITH EASY MONEY POLICY
EUROPEAN WATCHDOG'S WARNING THROWS COLD WATER ON BITCOIN
EADS CHIEF CALLS FOR EU DRONE BUDGET
OVERTIME WORK AT FOXCONN STILL BEYOND CHINA'S LEGAL LIMITS
German banking regulator Bafin has demanded documents from
Deutsche Bank as part of a probe into suspected
manipulation of benchmark gold and silver prices by banks,
according to people familiar with the matter.
After a new contribution from JPMorgan Chase & Co,
funds set up for victims of Bernard Madoff's Ponzi scheme should
recover almost three-quarters of the $17.5 billion of losses.
Bank of Japan Governor Haruhiko Kuroda said the central bank
would keep its highly expansionary monetary policy in place
until inflation hits and stabilises at its 2 percent target.
European financial watchdogs have warned of the "violent
fluctuations in electronic currencies" consumers face by using
virtual currencies such as Bitcoin, the price of which has
fluctuated between $340 and $1,240 in the past week.
Tom Enders, chief executive of Europe's largest aerospace
company EADS, has warned that Europe will have to buy
its next fighter jet from the U.S. or Asia if it does not invest
in its own defence industry and allow sector consolidation.
An audit of operations at Foxconn Technology Group
, best known for assembling Apple Inc's
iPhones, has found that workers still do more overtime than
permitted by Chinese labour law.