Monday's newspapers:

JP Morgan Chase last night sealed an eleventh hour deal to buy stricken investment bank Bear Stearns at a bargain price of $236m (116m) after the Federal Reserve agreed to provide a $30bn funding lifeline.
JP Morgan Chase bags bargain Bear Stearns

The Federal Reserve on Sunday cut the discount rate for banks by 25 basis points to 3.25 per cent and created a new lending facility for other financial institutions in an attempt to boost market liquidity.
Fed cuts bank rate to boost confidence

Ben Bernanke, chairman of the US Federal Reserve, will today hold emergency talks with President George Bush and Henry Paulson, the US Treasury Secretary, before deciding how generous an interest rate cut he must deliver as he attempts to restore the confidence destroyed by the Bear Stearns crisis.
Fed prepares hefty interest rate cut

Analysts are bracing themselves for another week of sub-prime related horrors as three of Wall Street's biggest banks - Lehman Brothers, Goldman Sachs and Morgan Stanley - report first quarter results.
Fears for banks reporting first quarter results

As feared, foreign bond holders have begun to exercise a collective vote of no confidence in the devaluation policies of the US government. The Federal Reserve faces a potential veto of its rescue measures.
US losing confidence vote as investors flee

Hedge funds are looking at making huge withdrawals, putting other banks at risk, reports James Quinn in New York.
Wall Street asks who will follow Bear Stearns

They never wanted to play, and nor did they ever think they'd have to. Against their will, America's economic policymakers have become engaged in a terrifying game of Russian roulette. The US financial system is in danger of melting down.
Stephen King: Radical measures needed to get us out of this terrifying game of Russian roulette

Pressure is mounting on central banks in the Gulf to fight surging inflation when they meet on Wednesday by severing the link between their currencies and the tumbling US dollar.
Gulf central banks urged to sever links with tumbling US dollar

Asia has weathered the financial turmoil embroiling the West with only small signs of distress, the chief executive of HSBC Asia believes, but a full-scale recession in the United States would have a knock-on effect on Asia, regardless of arguments that the region had decoupled from America.
US slump may affect Asia, HSBC chief Sandy Flockhart warns

Japan has been told that it must make radical changes to its diet and also undertake a complete overhaul of its traditional business practices if it is to avert a food crisis that could send Asia's biggest economy back to the 1950s.
Japan losing out in the bidding war for food

Tradefair, the financial exchange set up by peer-to-peer betting business Betfair, has appointed a new chief executive with a brief to revolutionise the way people speculate on stock markets, commodities and currencies.
Tradefair bets on wagering shake-up

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

Thomson Financial UK at a glance share guideLondon shares outlook - Weak after Bear Stearns bail-out; big Fed move awaited

BROKERWATCH Smiths Group cut to 'sell' by Deutsche Bank before H1 results

Tokyo shares close sharply lower on strong yen, credit crisis fears - UPDATE

Dunno how you do this Kyoto, but thanks again.

Extraordinary research.


Liked your bit on the other channel btw, instilled a little reality check into my current position.

Thank you

UK smallcap opening - Aero Inventory rises as H1 profits up 56 pct

poo bear - thanks

STOCKWATCH Royal Dutch Shell gains after 'very positive' strategy statement

UK smallcap opening - Inland falls as swings to H1 pretax loss

UK smallcap opening - Ocean Power Technologies higher post Q3

STOCKWATCH Wolseley down as profits fall; Landsbanki start as 'hold', tgt 500p

UK smallcap opening - Matchtech ticks up after H1 results, upbeat H2 outlookUK smallcap opening - IQE lifted by FY results, optimistic statement

UK smallcap opening - Shore Capital down; posts FY pretax profit fall, cuts div

UK smallcap opening - Allergy Therapeutics lower after H1, trial stay remains

STOCKWATCH British Energy jumps on takeover prospect; Evolution lifts targetUK smallcap opening - Archipelago Resources up; Indonesian govt approves project

UK smallcap opening - Aminex ticks up on gas discovery offshore TanzaniaUK smallcap opening - Sovereign Oilfield up as units win several contracts

UK smallcap opening - Scotty Group gains on order winUK smallcap opening - Kefi up; starts second drilling programme at Derinin Tepe

UK smallcap opening - TT Electronics higher post FY

UK smallcap opening - Granby Oil falls as extended delays increase Tristan costs