| All times are London time: Friday Dec 19 2008 | FT.com - Most read Chinese flag up anti-pirate fleet Dec 17 2008 20:01 Ministry of defence could move to fight pirates based in Somalia, in what would be the country's first significant long-range naval combat mission since the 15th century Read more » Dollar falls sharply in wake of Fed move Dec 17 2008 21:58 The dollar plunged and government bond yields in the US and Europe fell to multi-decade lows as investors tried to digest the implications of the Federal Reserve's new near-zero interest rate policy. Read more » Pound creeps closer to parity with euro Dec 17 2008 22:45 Sterling falls to record low against euro after minutes of Bank of England's December meeting excite speculation that it will cut rates aggressively in January Read more » Biggest Madoff loser eyes legal move on PwC Dec 17 2008 23:40 The fund believed to be the biggest single loser in Bernard Madoff's alleged $50bn "Ponzi" scheme is considering suing PwC, its own accountants, for failing to detect the fraud, as victims start looking for deep-pocketed sources of compensation for their losses Read more » Where is Madoff's $50bn loss? Dec 18 2008 12:10 As Bernard Madoff's "Ponzi scheme" unravels, the victim list grows. This interactive feature looks at how much of his alleged $50bn loss has so far been accounted for Read more » Court imposes curfew on Madoff Dec 18 2008 01:45 Bernard Madoff, the New York broker accused of perpetrating an alleged $50bn fraud, was placed under home detention with electronic monitoring by a US judge Read more » Record oil cut fails to lift prices Dec 17 2008 17:48 The depth of the world's economic downturn was highlighted when the Opec oil cartel appeared powerless in its quest to drive up prices even after agreeing a record cut in its production Read more » Satyam in crisis after aborted takeover Dec 17 2008 20:17 One of India's most successful information technology companies faces a credibility crisis over an aborted attempt by the group to buy companies controlled by the chairman's family Read more » Deutsche Bank decides not to repay €1bn bond Dec 17 2008 19:30 Fears that other banks may follow example over 'hybrid-capital' instruments Read more » | |
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