Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
China could face censure at the WTO after America and Europe lodged a joint complaint today over its restrictions on raw materials exports.
China and US head for trade war
Brussels turned up the heat on Britain yesterday over the Governments plunge into the red as a result of the recession and the banking crisis. The European Commission classed Britain alongside the struggling Irish Republic and stricken Latvia.
Europe warns Britain of dangers of rising debt
Ministers will announce a crackdown on Britains biggest banks next week, putting pressure on them to reorganise or face a blitz of more onerous capital and liquidity rules.
Banks told: restructure or face tougher rules
Threadneedle Street's chief economist, Spencer Dale, calls for a wider range of policy tools to tackle asset bubbles and financial crises.
Interest rates insufficient for regulating economy, says Bank of England
Traders are using software developed by US-based technology StreamBase to monitor "tweets" for price sensitive information. The software plugs into Algorithm-based automated trading platforms that have been used by traders for years. But rather than searching Reuters or Bloomberg the software now scans Twitter.com.
Hedge fund managers betting Twitter will give them an edge in rapid trading