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Asia shares dip, yen up
Nov 19 - Asian share markets eased Wednesday as yen strength and economic jitters chilled interest.
Woolworths in crunch talk on stores
British Land posts £1.3bn loss
British Land the UK's second largest property company has posted a loss of �1.3bn after it was forced to write down the value of its portfolio amid a slump in the commercial property market.
Odds of winning Premium Bonds lengthen
The odds of winning a Premium Bond prize worsen drastically as NS?I cuts returns in the wake of rate cut.
'One million without clear mortgage payment plan'
Nearly half of homebuyers with interestonly mortgages have no specific savings plan to repay their debts.
Asian shares fall as economies slide into recession
Stocks fell across Asia today as oil prices fell to a 22month low and traders across the world feared for the future of the American car industry.
Tokyo dining shines despite economy
Nov 19 - Japan may be in recession, but for those with the cash, Tokyo remains the world's best dining city, according to Michelin's latest restaurant guide.
Darling moves to shore up HBOS deal
The government yesterday moved to shore up Lloyds TSB’s takeover of HBOS by setting out stringent terms for any alternative capital raising while Barclays sought to mollify shareholders unhappy with its cash call.
MPC hawk unrepentant on interest rate stance
Tim Besley, the Bank of England Monetary Policy Committee member who voted unsuccessfully to raise UK base rates as recently as August, cut an unrepentant figure yesterday as he argued that the tumble in global commodity prices since the summer had triggered the slashing of benchmark borrowing costs since October.
Paulson and Bernanke defend bailout
Ben Bernanke, the US Federal Reserve chairman, told a congressional committee yesterday that credit markets are stabilising but remain under pressure while Treasury Secretary Henry Paulson said he opposes tapping a $700bn taxpayer-funded scheme to help struggling US carmakers.
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Struggling Woolworths confirmed it is in talks about selling its stores.
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