Tuesday, May 26, 2009

Markets am: Rio price cut hits FTSE's miners, Pyongyang's missil...


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Financial Times
Markets morning briefing
Tuesday May 26 2009

FT.com - Financial Markets News
 
Rio price cut hits FTSE's miners
London equities fell, with resource stocks under pressure after Rio Tinto agreed a significant reduction to its iron ore prices.
http://link.ft.com/r/73UJGG/8LY0R/J9BL2/639EQ/C8KRG/QR/h
 
Pyongyang's missiles rattle Asia markets
Asian shares fell as a report of fresh missile tests by North Korea added to market tensions at a time when investors are questioning if they are too optimistic about the global economic outlook
http://link.ft.com/r/73UJGG/8LY0R/J9BL2/639EQ/L7RH7/QR/h
 
Incentives act to revive housing market
Houston has been spared the worst of the housing crisis. An $8,000 tax credit for first-time home buyers and low interest rates have encouraged some who might otherwise not be buying
http://link.ft.com/r/73UJGG/8LY0R/J9BL2/639EQ/TYTVX/QR/h
 
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