The Fund is expected to suggest the tax - which is effectively on banks' cashflow - as one of the best ways governments can raise significant amounts from banks without drastically distorting the financial system.
IMF targets banks with 'excess profits tax'

Good news at last for the Alternative Investment Market (Aim). After almost two years of seeing companies pack their bags and march away from the index in record numbers, it seems that the recession for the small cap sector is finally coming to an end.
Small Talk: Drop in delisting signals end of recession for small cap sector

Walgreen sales ... SABB loss ... Entergy spinoff ...
Need to know

Good morning traders!

In the US last night, the Dow closed up 46 points at 10,974, the Nasdaq added 27
points at 2,430 and the S&P500 gained 9 points at 1,187.

In Asia today, the Nikkei was down 76.77 points at 11,262.53, while the Hang
Seng was recently ahead 297.65 points at 21,537.

Crude oil traded at $86.41 a barrel on Nymex.

Gold settled at $1,127 an ounce.

Happy trading!

G.

End-of-day Market Overview