Wednesday, December 24, 2008

In today's FT

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FT.com
 All times are London time: Thursday Dec 25 2008


Advertisement1 Financial Times - UK Homepage
Wall St Santa rally small comfort after grim year
Dec 24 2008 21:45
US stocks entered the Christmas holiday in subdued mood, posting a modest Santa Claus rally, as investors digested more gloomy data on the economy and, with just four trading days left in 2008, began to take stock of a torrid year Read more »

The fallen giants of finance
Dec 24 2008 18:10
Interactive feature: In the year when the global financial system was shaken to the core, the reputations of the US's banking titans were left in tatters. In this graphic we look at the key decisions and mistakes of the most powerful players, their impact on the crisis, the millions they made – and their chances of a comeback Read more »

Guinea junta promises elections in two years
Dec 24 2008 14:00
The military junta attempting a coup in has Guinea promised to hold elections in two years time, but the West African state's top civilian leader appealed to the world to prevent the takeover from succeeding Read more »

Financial Times - US homepage
Wall St Santa rally small comfort after grim year
Dec 24 2008 21:45
US stocks entered the Christmas holiday in subdued mood, posting a modest Santa Claus rally, as investors digested more gloomy data on the economy and, with just four trading days left in 2008, began to take stock of a torrid year Read more »

GMAC approved for bank holding company status
Dec 24 2008 22:02
GMAC, the ailing consumer lender partly owned by General Motors, was granted regulatory approval on Wednesday to become a bank holding company, giving it access to the US government's $700bn financial rescue fund and other lending programmes Read more »

The fallen giants of finance
Dec 24 2008 18:10
Interactive feature: In the year when the global financial system was shaken to the core, the reputations of the US's banking titans were left in tatters. In this graphic we look at the key decisions and mistakes of the most powerful players, their impact on the crisis, the millions they made – and their chances of a comeback Read more »

Financial Times - Europe homepage
Wall St Santa rally small comfort after grim year
Dec 24 2008 21:45
US stocks entered the Christmas holiday in subdued mood, posting a modest Santa Claus rally, as investors digested more gloomy data on the economy and, with just four trading days left in 2008, began to take stock of a torrid year Read more »

The fallen giants of finance
Dec 24 2008 18:10
Interactive feature: In the year when the global financial system was shaken to the core, the reputations of the US's banking titans were left in tatters. In this graphic we look at the key decisions and mistakes of the most powerful players, their impact on the crisis, the millions they made – and their chances of a comeback Read more »

Guinea junta promises elections in two years
Dec 24 2008 14:00
The military junta attempting a coup in has Guinea promised to hold elections in two years time, but the West African state's top civilian leader appealed to the world to prevent the takeover from succeeding Read more »

Financial Times - Asia homepage
Wall St Santa rally small comfort after grim year
Dec 24 2008 21:45
US stocks entered the Christmas holiday in subdued mood, posting a modest Santa Claus rally, as investors digested more gloomy data on the economy and, with just four trading days left in 2008, began to take stock of a torrid year Read more »

The fallen giants of finance
Dec 24 2008 18:10
Interactive feature: In the year when the global financial system was shaken to the core, the reputations of the US's banking titans were left in tatters. In this graphic we look at the key decisions and mistakes of the most powerful players, their impact on the crisis, the millions they made – and their chances of a comeback Read more »

Japan PM announces record budget
Dec 24 2008 08:53
Taro Aso, Japan's prime minister, tried to put a rocket under the stricken economy, announcing the country's biggest ever annual budget, as fear s mounted that Japan faced a long recession Read more »

FT.com - World
Wall St Santa rally small comfort after grim year
Dec 24 2008 21:45
US stocks entered the Christmas holiday in subdued mood, posting a modest Santa Claus rally, as investors digested more gloomy data on the economy and, with just four trading days left in 2008, began to take stock of a torrid year Read more »

Guinea junta promises elections in two years
Dec 24 2008 14:00
The military junta attempting a coup in has Guinea promised to hold elections in two years time, but the West African state's top civilian leader appealed to the world to prevent the takeover from succeeding Read more »

Gazprom clinches gas deal with Serbia
Dec 24 2008 15:01
Gazprom has clinched a controlling stake in Serbia's state-owned oil monopoly, with the controversial €400m sale price padded out by promises of steady, cheap natural gas Read more »

Japan PM announces record budget
Dec 24 2008 08:53
Taro Aso, Japan's prime minister, tried to put a rocket under the stricken economy, announcing the country's biggest ever annual budget, as fear s mounted that Japan faced a long recession Read more »

Somali president 'close to resigning'
Dec 24 2008 14:22
Abdullahi Yusuf, Somalia's embattled president, is close to resigning, his spokesman said, as his country spirals out of control and his own support evaporates Read more »

FT.com - Companies
Qatar Telecom pushes bid for Indostat
Dec 24 2008 17:47
Qatar Telecom announced it will proceed with a tender offer worth up to $870m to acquire a majority stake in Indonesia's second largest mobile phone operator after Jakarta withdrew conditions on the deal Read more »

Cadbury sells Australian beverages business
Dec 24 2008 10:40
The deal marks the end of the confectionery company's interest in beverages begun when it merged with Schweppes in 1969 Read more »

FT.com - Financial Markets News
Christmas Eve brings no cheer for FTSE
Dec 24 2008 12:52
London stocks eased lower on Wednesday as investors wound up positions early on the last trading day of the week, a half-day session ahead of the Christmas break Read more »

Dollar slips on gloomy US data
Dec 24 2008 10:33
The dollar fell against the yen but held steady versus the euro on Wednesday as new data on spending, unemployment, and durable goods reinforced the gloomy outlook for the US economy. Read more »

Bourses fall but banks bounce
Dec 24 2008 13:04
European investors took profits in pharmaceuticals stocks and continued to sell down the resources sectors as trade on equity markets was wound down for the Christmas break Read more »

Oil prices weaker on flight from risk
Dec 24 2008 10:36
Oil prices fell on Wednesday after new data showed US crude stockpiles posted a surprise decline last week as imports fell. Read more »

Asian shares down on discouraging data
Dec 24 2008 06:27
Asia-Pacific share prices were lower as data showed Japanese manufacturers were less confident about their business prospects, US house prices were dropping quickly, and trading stagnated on many stock markets ahead of Christmas Day Read more »



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