Business Today: Stock futures gain as China data spurs growth hopes

		Click to View in Browser 01/10/2013 Stock futures gain as China data spurs growth hopes NEW YORK (Reuters) - Stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in China, the world's second-biggest economy, raised hopes for a more robust recovery in the global economy this year. Jobless claims rise last week WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but seasonal volatility makes it difficult to get a clear picture of the labor market's health. Ex UBS bosses accused of "staggering" ignorance LONDON/ZURICH (Reuters) - British lawmakers accused former bosses of Switzerland's UBS of "staggering" ignorance on Thursday for failing to uncover widespread interest rate rigging at the bank. Consumer watchdog tightens mortgage lending rules on banks WASHINGTON (Reuters) - More than five years after the housing market collapsed, the U.S. government's newly created consumer watchdog said Thursday it will force banks to verify a borrower's ability to repay loans to ward off the kind of loose lending that helped push the U.S. economy into recession. Morgan Stanley to cut jobs, may signal more pain ahead (Reuters) - Morgan Stanley plans to slash 1,600 jobs in what may be just the beginning of a new round of layoffs at large investment banks, this time driven by a deeper reassessment of Wall Street businesses in the face of new regulations and capital standards. Apple's Tim Cook meets with China Mobile chairman in Beijing SHANGHAI (Reuters) - Apple Inc's Chief Executive Tim Cook met with China Mobile's Chairman Xi Guohua on Thursday to discuss "matters of cooperation," a China Mobile spokesman said, raising hopes that a deal between the two tech giants may move forward. GM says Opel not up for sale EISENACH, Germany (Reuters) - General Motors Co's European division Opel is not up for sale, Steve Girsky, vice chairman of the U.S. car maker, said on Thursday. Cliff fears, tax rises mean payday for tax advisers (Reuters) - The imposition of increased U.S. tax rates on the nation's highest earners is expected to provide a mini-bonanza for the army of lawyers, accountants and tax advisers who can devise ways to reduce clients' taxable income. German Libor probe of Deutsche Bank to end in first-quarter: sources FRANKFURT (Reuters) - German regulator BaFin's probe of Deutsche Bank over possible manipulation of interbank lending rates will be completed by end-March, two people familiar with the matter told Reuters. China exports rebound but 2013 outlook remains murky BEIJING (Reuters) - China's export growth rebounded surprisingly sharply to a seven-month high in December, a strong finish to the year after seven straight quarters of slowdown, but subdued global demand means that the spike may not herald an enduring recovery. Related Video U.S. Morning Call: Clash of the titans: Loeb vs. Ackman Market Pulse: No more QE from BoE - Investec Economic News Jobless claims rise last week Consumer watchdog tightens mortgage lending rules on banks A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend