Kyoto
- 23 Apr 2010 04:40
- 2 of 6
Morning all. Market reports:
Telegraph
The Times
FT
The Guardian
The Independent
This is Money
Greece's debt crisis has reached a dramatic crescendo after the EU revealed that the country's debt and deficit figures are even worse than feared and leading banks began to talk openly of debt-restructuring.
Escalating Greek default fears rock Europe's debt markets
Fitch Ratings has warned that Japan's sovereign debt is rising to ominously high levels as the workforce shrinks and deflation grinds deeper, while the government's reserve assets may prove unusable for defence in a funding crisis.
Fitch warns of debt 'shock' for Japan
The UK has recorded its largest annual budget deficit since the Second World War as the election battle over how to repair the public finances intensifies.
Britain has biggest annual deficit since World War II
The Wall Street bank believes a hung parliament would not be such bad news for the pound after all. Fears of an unclear outcome at the election and polls pointing to a hung parliament have been blamed for much of the pound's weakness since late February.
Forex markets getting "comfortable" with hung parliament, says Goldman
A string of successful convictions, three live court cases and a series of high-profile raids has made little impact on insider trading in the City, according to one of the finance industry's biggest trade organisations.
FSA is 'losing' war on insider dealing