11-May-2012 10:57

News Summary: China, US clash over audits - BusinessWeek :: http://www.businessweek.com/ap/2012-05/D9ULVCCO0.htm

FOREX-Euro hits 3-1/2-mth low, Aussie eyes parity - Reuters :: http://www.reuters.com/article/2012/05/11/markets-forex-idUSL5E8GB2FB20120511

EU economic forecasts to shine spotlight on Spain - Reuters :: http://www.reuters.com/article/2012/05/11/us-eu-economy-forecasts-idUSBRE84A0C820120511

Credit Agricole Profit Hurt By Greek Exposure - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120511-700634.html

P&G shifts top executives to Singapore - Economic Times :: http://economictimes.indiatimes.com/news/international-business/pg-shifts-top-executives-to-singapore/articleshow/13093480.cms

Germany Says Greece's Fate Is In Its Own Hands - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702304070304577397391241098020.html?mod%3Dgooglenews_wsj

GLOBAL MARKETS: European Stocks Seen Down; JP Morgan's $2B Loss Weighs - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120511-703296.html

CORRECT: Panasonic Swings To Record Net Loss On TV Business Woes - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120511-705190.html

China Data Hints Need For Monetary Easing - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702304203604577397462543414818.html

Germany flexible on inflation as prices rise - Reuters :: http://www.reuters.com/article/2012/05/11/germany-inflation-idUSL5E8GB3D120120511