News Today - June 10

* US Banks Seeking to Escape TARP Focus on $5 Billion of Warrants

* Chinese economic data due this week are expected to show a puzzlingly mixed picture, underscoring the difficulty of figuring out what's going in China's vast economy.

*Australian consumer confidence jumped in June by the most in 22 years after the economy unexpectedly avoided a recession; stoking speculation the central bank has finished cutting interest rates.

*A key indicator of Japanese corporate capital investment slips far more than expected, while wholesale prices also look ugly.

* Indian Consumers might have to shell out a higher cess on auto fuels if the government goes ahead with a proposal to step up funding for highways. The roads and surface transport ministry has suggested a Re 1 hike in auto fuel cess.