Tuesday's newspapers:

JP Morgan Chase is to pay a revised $2.1bn (1.05bn) for Bear Stearns after sweetening the terms of the deal to make it almost impossible for a rival to make a counter offer amid growing concern among other banks over the original $236m transaction.
Bear Stearns deal to deter Morgan Chase rivals

The problems in the US housing market that sparked the global credit crunch showed early signs of stabilising yesterday. The US estate agents' organisation announced that existing home sales increased for the first time in seven months in February as buyers took advantage of a sharp drop in prices.
Glimmer of hope for US home sellers

Bear trader Simon Cawkwell has scotched speculation linking him to the aggressive shorting of HBOS stock last week. The attack on the bank's shares saw it lose 17pc of its value before regulators stepped in to quash false rumours about its liquidity position.
I wasn't HBOS raider, insists 'Evil Knievel'

If there are any doubts that the credit crunch is starting to hit home, the latest YouGov poll puts them to rest. Increasing debt, lower savings rates and mounting fears over job security are three of the major themes to emerge from last week's poll of 2,112 Britons.
Rising debt and fears over jobs as crunch hits

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Nikkei was recently ahead 290.95 points at 12,771.04, while the
Hang Seng ended the morning up 954.89 points (4.52%) at 22,063.11.

New York's main oil contract, light sweet crude for May delivery, dropped 51 cents
to $100.35 per barrel.

Happy trading!

G.

The Tuesday Press Roundup

The Nikkei ended up 265.13 points (2.1%) at 12,745.22.

London shares open higher after NY gains overnight, banking stocks gainsUK smallcap opening - Uniq lower as short-term uncertainty offsets profit swingUK smallcap opening - Sandvine Corp rises on product use boostUK smallcap opening - Range Resources drops following suspension on ASX

BROKERWATCH Kazakhmys started as 'equal-weight' by Lehman, target 1,800 pence

UK smallcap opening - Cambrian Mining soars as AIM suspension lifted

STOCKWATCH Barclays higher; Merrill Lynch reiterates 'buy', 600p target

UK small caps open stronger; Cambrian Mining soars as AIM suspension liftedLondon shares open higher after NY gains overnight, banking stocks gains UPDATE

STOCKWATCH Colonial up after creditors say they will continue to back group

WALL STREET OUTLOOK Lower open seen after strong run-up; confidence data awaited

Metals - Gold dips after picking up from pre-Easter sell-off

Metals - Copper jumps back higher in London, tracking equities, Shanghai

STOCKWATCH Wm Morrison main FTSE 100 faller as Merrill Lynch cuts to 'neutral'London shares - midmorning features

STOCKWATCH German financials gain after JP Morgan lifts bid, Barron's article

Metals - Gold dips after picking up from pre-Easter sell-off UPDATE

BROKERWATCH British Airways cut to 'accumulate' vs 'buy' at NCB, target to 260pMetals - Copper prices play catch-up in London, tracking shares, Shanghai UPDATE

STOCKWATCH Wm Morrison lower as Merrill Lynch, Cazenove downgrade UPDATE

London shares - midday features