News Headlines - 03 July 2013

▽Egypt army General: Constitution is suspended - Telegraph

The head of the Egyptian army announces the suspension of the constitution live on national television.

▽Portuguese bonds and stocks hit on fears of coalition break-up - FT.com

Portugal’s benchmark bond yield soared above the 8 per cent mark for the first time since November as investors took fright at the possible disintegration of the country’s ruling coalition.

▽Temperature rises in US over Japan’s entry to trade talks - FT.com

US labour unions and business groups clashed on Tuesday over Japan’s looming entry into the TransPacific Partnership trade talks, highlighting the divisive nature of any agreement and the political obstacles facing it in Congress.

▽Hitachi NE factory misses out on German train contract (From The Northern Echo)

HITACHI Rail Europe is upping efforts to secure more work for its new plant in the North-East after it failed to win a lucrative contract in Germany. The Japanese firm bid to manufacture 60 commuter trains for Deutsche Bahn at its factory in Newton Aycliffe, County Durham which opens in 2016.

▽Suntory in modest debut, may be Japan's last big IPO this year | Reuters

Suntory Beverage and Food Ltd (2587.T) managed a modest rise in its debut on Wednesday after a $4 billion IPO, as investors shrugged off volatile markets and rich valuations to buy up what may be Japan's last big corporate listing of 2013.