Wednesday the 25th of July

Market mover today
ECB’s Nowotny Sees Some Arguments For ESM Banking License
http://www.bloomberg.com/news/2012-07-25/ecb-s-nowotny-sees-some-arguments-for-esm-banking-license.html

Is There Even a Panic Button in Europe?
{http://economistsview.typepad.com/timduy/2012/07/is-there-even-a-panic-button-in-europe.html}

US versus China: Who will own the future?
{http://www.bbc.co.uk/news/business-18966503}

Indonesia must not put good fortune to the test, it has always been a lucky country. But it shouldn’t take its luck for granted.
{http://www.ft.com/cms/s/0/f4023b82-d4c5-11e1-bb88-00144feabdc0.html#axzz21byGiTny}

China economy set for soft landing, needs more reform: IMF
(Reuters) - China's economy is set for a soft landing even as global headwinds increase, the International Monetary Fund said in a report on Wednesday that urged further reform and currency appreciation to rebalance growth and reduce risks. {http://www.reuters.com/article/2012/07/25/us-china-imf-idUSBRE86O06620120725}

Why I’m Leaving China
{http://chinageeks.org/2012/07/why-im-leaving-china/}

Apple Falls Short Of Analysts' Predictions Amid IPhone Slump
{http://www.bloomberg.com/news/2012-07-24/apple-falls-short-of-analysts-expectations-amid-iphone-slump.html}