Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
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The Independent
This is Money
Tim Geithner on Tuesday identified encouraging signs in the US economy and a better outlook internationally, adding there would be a reduced role for the Public-Private Investment Partnership, a key US programme to stimulate the market for toxic assets and loans.
Geithner sees global storm abating
Ten financial groups including JPMorgan Chase and Goldman Sachs were on Tuesday allowed to repay a combined $68bn to the US Treasury.
Ten US banks to repay Tarp funds
S&P has sounded the alarm over the creditworthiness of some Asian countries, warning they are at risk of debt downgrades even if the global economy stabilises.
Rising deficits threaten Asian ratings
Paul Tucker, deputy governor of the Bank of England and one of Britain's most senior policymakers, said the banking community was holding back recovery in the sector and could threaten the economy as a whole by refusing to lend.
Bank of England's Tucker warns banks threatening recovery by not lending
Britain has been unable to block plans for an EU regulatory machinery with binding legal powers, securing only a loose agreement at a key meeting of EU finance ministers that any proposals should not interfere with budget and taxation policy.
Britain isolated as EU tightens grip on City
Demand for oil from emerging nations now outstrips demand from developed countries for the first time, according to new research by energy giant BP.
Oil demand from emerging nations makes up larger share for first timel