In today's FT

View an online version of this email here.  All times are London time: Friday Feb 27 2009 Financial Times - UK Homepage RBS taps UK Treasury for £25.5bn Feb 26 2009 22:33 The beleaguered bank is raising another £13bn of equity capital from the Treasury as part of the UK government's asset protection scheme Read more » Goodwin stands firm £16m RBS pension Feb 26 2009 23:31 The chancellor called on Sir Fred Goodwin to forgo some of his £693,000-a-year pension, implicitly threatening legal action if the former RBS chief executive failed to act voluntarily Read more » Obama forecasts $1,750bn deficit Feb 26 2009 18:49 President Barack Obama unveiled the most expansive blueprint for federal government involvement in the US economy in more than a generation in a ten-year budget outline that showed this year's deficit quadrupling to $1,750bn Read more » Financial Times - US homepage Obama forecasts $1,750bn deficit Feb 26 2009 18:49 President Barack Obama unveiled the most expansive blueprint for federal government involvement in the US economy in more than a generation in a ten-year budget outline that showed this year's deficit quadrupling to $1,750bn Read more » President Obama's budget Feb 26 2009 22:17 'The really striking thing is the scale of the red ink here' Read more » RBS taps UK Treasury for £25.5bn Feb 26 2009 22:33 The beleaguered bank is raising another £13bn of equity capital from the Treasury as part of the UK government's asset protection scheme Read more » Financial Times - Europe homepage RBS taps UK Treasury for £25.5bn Feb 26 2009 22:33 The beleaguered bank is raising another £13bn of equity capital from the Treasury as part of the UK government's asset protection scheme Read more » Goodwin stands firm £16m RBS pension Feb 26 2009 23:31 The chancellor called on Sir Fred Goodwin to forgo some of his £693,000-a-year pension, implicitly threatening legal action if the former RBS chief executive failed to act voluntarily Read more » European banks to receive €24.5bn loan Feb 27 2009 03:06 A group of multilateral lenders are preparing a lending package of up to €24.5bn to help central and eastern Europe's battered banking systems weather the financial crisis Read more » Financial Times - Asia homepage Obama forecasts $1,750bn deficit Feb 26 2009 18:49 President Barack Obama unveiled the most expansive blueprint for federal government involvement in the US economy in more than a generation in a ten-year budget outline that showed this year's deficit quadrupling to $1,750bn Read more » Goodwin stands firm £16m RBS pension Feb 26 2009 23:31 The chancellor called on Sir Fred Goodwin to forgo some of his £693,000-a-year pension, implicitly threatening legal action if the former RBS chief executive failed to act voluntarily Read more » Japanese production data falls record 10% Feb 27 2009 03:49 Production at Japanese factories fell by a record 10 per cent last month, and new jobs proved harder to find, showing Japan's worst recession since World War Two is deepening Read more » FT.com - World Obama forecasts $1,750bn deficit Feb 26 2009 18:49 President Barack Obama unveiled the most expansive blueprint for federal government involvement in the US economy in more than a generation in a ten-year budget outline that showed this year's deficit quadrupling to $1,750bn Read more » Merkel seeks bond co-ordination Feb 26 2009 23:44 The German chancellor moves to ensure governments do not drive up costs by competing against each other in capital markets. Berlin faces pressure to help weaker eurozone economies Read more » Japanese production data falls record 10% Feb 27 2009 03:49 Production at Japanese factories fell by a record 10 per cent last month, and new jobs proved harder to find, showing Japan's worst recession since World War Two is deepening Read more » ECB urges crackdown on spending Feb 26 2009 19:42 The European Central Bank urged governments to impose strict controls on public spending and wages as fresh data showed the region's recession deepening and unemployment rising at a faster pace Read more » Iceland looks to restructure $3.6bn of debt Feb 26 2009 23:09 The new government is working on a plan to restructure billions of dollars of its bonds held by foreign investors as part of a drive to restore confidence in its shattered economy Read more » FT.com - Companies Fannie to draw further $15bn Feb 27 2009 00:54 Fannie Mae said it would draw more than $15bn of assistance from the US Treasury after a sixth consecutive quarterly loss – $25.2bn in the fourth quarter – drove its net worth below zero Read more » GM future in doubt after $31bn loss Feb 26 2009 21:50 General Motors underlines its dire financial condition as it reports an unexpectedly heavy cash drain in the final three months of 2008 and warns that Deloitte, its auditor, might cast doubt on its standing as a going concern Read more » RBS taps UK Treasury for £25.5bn Feb 26 2009 22:33 The beleaguered bank is raising another £13bn of equity capital from the Treasury as part of the UK government's asset protection scheme Read more » BG sweetens bid for Australia's Pure Energy Feb 27 2009 03:12 Britain's BG Group sweetened its offer for Australian coal seam gas firm Pure Energy, now valuing the company at A$1.03bn ($671.9m), in a bid to eliminate rival bidder Arrow Energy from the race Read more » Grübel takes over as chief at UBS Feb 26 2009 19:08 The struggling Swiss banking group has surprised investors with the naming of Oswald Grübel, former head of arch-rival Credit Suisse, as its new chief executive in an attempt to regain credibility Read more » FT.com - Financial Markets News Overview: Reassurances about US banks soothe investors Feb 26 2009 23:18 Investors respond positively to news that President Obama would ask Congress for additional emergency funds for the banking sector as part of his first budget Read more » Wall Street pulled lower by healthcare sector Feb 26 2009 21:48 US stocks fell after a bright start was wiped out by the news that President Barack Obama intends to cut subsidies in the healthcare sector as part of his reform plan Read more » Indonesia sells $3 billion in debt at discount Feb 27 2009 03:24 Indonesia sold $3 billion worth of debt at a discount in a dual-tranche transaction in an expansion of its fundraising efforts to plug a budget deficit. Read more » Pay-curb policy dulls interest in Talf Feb 26 2009 23:26 Rules requiring companies tapping Talf to adopt restrictions on executive compensation has damped enthusiasm for its use Read more » Business optimism lifts Australian dollar Feb 26 2009 17:24 The Australian dollar rose as a surprise rise in business investment fuelled hopes that the economy might avoid a recession. Read more » FT.com - Comment and analysis Diplomatic feint that looks to leave Japan in the cold Feb 26 2009 19:28 Japan's Taro Aso this week stole the prize in the scramble to be first foreign leader across the threshold of Barack Obama's White House. But behind this diplomatic flummery, the US is shuffling the hierarchies of its relationships in the region, writes Philip Stephens Read more » Demand matters, not animal spirits Feb 26 2009 19:18 To be induced to expand output, businessmen require an improved market and not a rush of optimism, writes Samuel Brittan Read more » Europe's recovery plan is not a 'deus ex machina' Feb 26 2009 19:03 Simplifying legislation and curtailing the red tape associated with supervision is the priority of the Czech presidency, writes Mirek Topolanek Read more » Effective stimulus spending requires creativity Feb 26 2009 19:00 Where factories face temporary downturns in demand, why not increase opportunities for training or retraining? This would be better than paying people not to work, writes Neelie Kroes Read more » Choice for local newspapers: evolve or die Feb 26 2009 19:07 Daily local titles no longer match the desires of readers and advertisers. Much reporting is better done by an enthusiastic amateur for next to nothing than a reporter sent in a taxi, writes Roger Parry Read more » FT.com - Business Life Bashful in business Feb 26 2009 20:50 The shy find themselves at a disadvantage in management, but training can help 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.