In today's FT

View an online version of this email here.  All times are London time: Tuesday Feb 17 2009 Financial Times - UK Homepage Lloyds has top credit rating removed Feb 16 2009 21:27 Lloyds Banking Group suffered another blow on Monday when it lost its long-held Aaa credit rating from Moody's amid continued worries about accelerating losses from HBOS Read more » GM to set tougher targets for revamp Feb 16 2009 20:47 The Detroit carmakers will unveil aggressive new restructuring targets as they seeks to convince US politicians they can survive the global industry's deepening downturn Read more » Redundant bankers to bolster Treasury Feb 16 2009 23:33 The chancellor aims to sharpen Treasury's dealings with the Square Mile and expects a flood of applications from bankers who have lost their jobs in the financial crisis Read more » Financial Times - US homepage Clinton stresses 'harmony' in Japan Feb 17 2009 03:05 US Secretary of State Hillary Clinton spoke of promoting "balance and harmony" in US foreign policy as she visited Japan, drawing an implicit contrast to the administration of former President George W. Bush Read more » Japan finance minister to resign Feb 17 2009 03:59 Japanese Finance Minister Shoichi Nakagawa said he would resign following accusations that he was drunk at a weekend G7 news conference in Rome, dealing a fresh blow to unpopular Prime Minister Taro Aso Read more » GM to set tougher targets for revamp Feb 16 2009 20:47 The Detroit carmakers will unveil aggressive new restructuring targets as they seeks to convince US politicians they can survive the global industry's deepening downturn Read more » Financial Times - Europe homepage Santander fund seeks to halt redemptions Feb 16 2009 17:51 Spanish largest bank has sought regulatory permission to freeze payouts from its main real-estate fund after investors sought to withdraw 80% of the vehicle's capital at once Read more » GM to set tougher targets for revamp Feb 16 2009 20:47 The Detroit carmakers will unveil aggressive new restructuring targets as they seeks to convince US politicians they can survive the global industry's deepening downturn Read more » US general stresses need for time Feb 16 2009 22:00 Iraq needs almost three years to prepare its security forces for a sustained fight against insurgents, according to a senior US general in the country Read more » Financial Times - Asia homepage Clinton stresses 'harmony' in Japan Feb 17 2009 03:05 US Secretary of State Hillary Clinton spoke of promoting "balance and harmony" in US foreign policy as she visited Japan, drawing an implicit contrast to the administration of former President George W. Bush Read more » Japan finance minister to resign Feb 17 2009 03:59 Japanese Finance Minister Shoichi Nakagawa said he would resign following accusations that he was drunk at a weekend G7 news conference in Rome, dealing a fresh blow to unpopular Prime Minister Taro Aso Read more » Khmer Rouge torturer to face justice Feb 17 2009 03:48 The first high profile member of Cambodia's murderous Khmer Rouge regime to go on trial is about to appear in court charged with crimes against humanity, 30 years after the collapse of the movement's Year Zero society Read more » FT.com - World Japan finance minister to resign Feb 17 2009 03:59 Japanese Finance Minister Shoichi Nakagawa said he would resign following accusations that he was drunk at a weekend G7 news conference in Rome, dealing a fresh blow to unpopular Prime Minister Taro Aso Read more » Japan growth plunges to a 35-year low Feb 16 2009 18:42 Government faces pressure for another stimulus package after the world's second largest economy contracted 3.3 per cent in the three months to December due to plunging exports Read more » Khmer Rouge torturer to face justice Feb 17 2009 03:48 The first high profile member of Cambodia's murderous Khmer Rouge regime to go on trial is about to appear in court charged with crimes against humanity, 30 years after the collapse of the movement's Year Zero society Read more » Central banks urged to buy corporate debt Feb 16 2009 22:05 Europe's central banks and governments should follow the UK's example and buy up corporate debt on an emergency basis, said the leader of the EU's employers' federation Read more » US general stresses need for time Feb 16 2009 22:00 Iraq needs almost three years to prepare its security forces for a sustained fight against insurgents, according to a senior US general in the country Read more » FT.com - Companies GM to set tougher targets for revamp Feb 16 2009 20:47 The Detroit carmakers will unveil aggressive new restructuring targets as they seeks to convince US politicians they can survive the global industry's deepening downturn Read more » Malone comes to aid of Sirius Feb 17 2009 00:03 John Malone's Liberty Media is expected to offer about $250m in a senior secured loan as the first step in a 'multi-stage' deal to rescue the satellite radio group from an imminent debt deadline Read more » Cerberus scarred by exposure to car industry Feb 16 2009 22:05 Arguably, the timing of Cerberus's investments in cars, finance and, through GMAC's control of ResCap, home mortgages, could not have been worse. Nevertheless, whatever happens to these investments, Cerberus itself is likely to emerge scarred but still standing Read more » Microsoft chief lays down gauntlet on mobiles Feb 16 2009 19:12 Steve Ballmer, Microsoft chief executive, insists that the company is not playing catch-up and will focus on both low and high-cost smartphones after launching a new version of its Windows Mobile phone operating system Read more » Lloyds has top credit rating removed Feb 16 2009 21:27 Lloyds Banking Group suffered another blow on Monday when it lost its long-held Aaa credit rating from Moody's amid continued worries about accelerating losses from HBOS Read more » FT.com - Financial Markets News Nikkei hits a three-month low Feb 17 2009 04:16 Asian stocks fell, with Japan's Nikkei hitting a three-month low, while the US dollar surged as investors scrambled for safety from deteriorating global economic conditions and volatile banks Read more » Overview: Grim Japanese data deepen global gloom Feb 16 2009 22:34 G7 meeting does little to soothe fears over the global economy and the health of the banking system as dollar and yen both strengthen Read more » Central banks urged to buy corporate debt Feb 16 2009 22:05 Europe's central banks and governments should follow the UK's example and buy up corporate debt on an emergency basis, said the leader of the EU's employers' federation Read more » Financials drag Europe's stocks lower Feb 16 2009 20:29 Europe's shares lost further ground as worries over certain banks' exposure to central and eastern Europe proved a focal point for traders Read more » Zloty hits low on euro adoption doubts Feb 16 2009 17:57 The Polish zloty on Monday hit its weakest level since the country joined the European Union as Poland's central bank warned against joining the euro too fast Read more » FT.com - Comment and analysis November 2012: a dystopian dream Feb 16 2009 19:27 Elected president on a ticket of populism and nationalism, Palin starts taking congratulatory phone calls. First is Prime Minister Lieberman of Israel, then President Putin. As for China, she is not speaking to them . . . Gideon Rachman on how the economic crisis could shape world politics Read more » Green growth is essential to any stimulus Feb 16 2009 19:40 We urge all governments to expand green stimulus elements and to co-ordinate their efforts for rapid results, write Ban Ki-moon and Al Gore Read more » The Dutch MP and the retreat of British liberalism Feb 16 2009 19:42 The risk is that the UK descends into a struggle between sections of society lacking any real common denominator, writes Larry Siedentop Read more » Japan's politicians lose their way at a bad time Feb 16 2009 20:10 There will be more destruction, perhaps including the demise of the LDP and DPJ and the formation of new parties, writes Gerald Curtis Read more » A limp excuse for a Tory foreign policy Feb 16 2009 19:36 The UK opposition party could, I suppose, argue that it has a set of impulses. There is no sign of any strategy, writes Philip Stephens Read more » FT.com - Business Life Help when it's needed Feb 16 2009 22:28 UK benevolent funds are braced for unprecedented demand for advice, information and hard cash in the downturn Read more » Invaluable tips from the coal face Feb 16 2009 22:28 Chief executives flip burgers or make beds to gain insights at the sharp end of their businesses Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.