Wednesday Evening Links

[Bloomberg] Sunac Abandons Purchase of Troubled Chinese Developer Kaisa

[Bloomberg] Financial Vulnerability Haunts U.S. Families After Crisis

[Reuters] Pentagon chief urges end to island-building in South China Sea

[Reuters] EU officials dismiss Greek statement on aid agreement being drafted

[Bloomberg] Germany's Schaeuble sees no real progress in Greek debt talks - ARD

[UK Telegraph] Spain risks euro split over radical new ECB mandate

[Bloomberg] Sugar Slumps to 6-Year Low as Weak Brazil Real Adds to Glut Woes

[Reuters] Exclusive: Russia masses heavy firepower on border with Ukraine - witness

[CNN] Sources: IRS believes massive data theft originated in Russia

[AFP] Russia's nuclear threats 'deeply troubling': NATO chief

[Reuters] U.S. says no extension for Iran nuclear talks: State Department

[Bloomberg] How California's Drought Is Reshaping Small Businesses

[CNBC] Drought to deluge? El Nino's impact on California

Wednesday's News Links

[Bloomberg] Emerging Stocks Decline to Seven-Week Low on Fed Rate Outlook

[Reuters] Dollar retreats after its best day in two years

[Bloomberg] ECB to Leave Emergency Aid Level for Greek Banks 

[WSJ] Companies Send More Cash Back to Shareholders

[Reuters] G7 finance chiefs meet with growth problem to fix

[Reuters] China’s margin trading boom nears its limits

[Bloomberg] Another Chinese Company Says It Will Miss Full Bond Payment

[Bloomberg] Kuroda Faces Opposition Even After BOJ Extended Price Target

[Reuters] Bernanke sees no risk of hard landing in China, bullish on U.S. economy

[BloombergView] Spain and Poland Send a Message to Europe

[Washington Times] Iran nuke deal likely to miss June deadline: French envoy

[FT] China raises prospect of South China Sea air defence zone

[Reuters] Japan, Philippines to deepen ties as China asserts sea claims