Markets afternoon briefing

View an online version of this email here.  All times are London time: Tuesday Apr 21 2009 FT.com - Financial Markets News Poor earnings compound Wall St gloom Apr 21 2009 14:12 US stocks looked set to continue the previous session's falls on Tuesday on the busiest day yet of earnings season. Read more » London shares retreat as financials suffer Apr 21 2009 14:46 London equities fell heavily as banks, miners and oil stocks staged a broad retreat amid a new flight from risk Read more » Japan to issue $110bn bonds for stimulus Apr 21 2009 08:24 The Japanese government said it would issue bonds worth Y10,820bn to fund its planned stimulus package to try to rescue the country from its deepest recession since the second world war Read more » IMF puts financial losses at $4,100bn Apr 21 2009 14:02 The deteriorating global economy means financial institutions now face total losses of $4,100bn on loans and other assets, the IMF said, as it urged governments to take 'bolder steps' to shore up institutions Read more » Jump in ZEW index helps Europe's shares Apr 21 2009 10:54 European equity markets rose on Tuesday, pushed forward by gains for energy shares and sharp rise in German business confidence Read more » Sweden's krona up after rate cut Apr 21 2009 10:49 Sweden's krona rose on Tuesday after the country's central bank cut its main interest rate by a smaller-than-expected 50 basis points Read more » Base metals retreat while oil steadies Apr 21 2009 11:46 Base metals fell, extending their recent correction, while oil steadied after a sharp fall in the previous session but gold rose amid renewed uncertainty about the health of the banking sector Read more » Asian shares fall on new credit fears Apr 21 2009 11:06 Asian stocks fell and government bonds following a 41% quarterly increase in bad loans at Bank of America renewed fears of deteriorating credit, halting a rebound in risk taking Read more » India cuts key interest rates by 25 points Apr 21 2009 07:17 India's central bank cut its key short-term rates by 0.25% to shore up faltering growth in the face of the global economic slowdown 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.