Top Stories

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House price declines set to continue 10:03am BST

(Reuters) - House prices are set to fall further, putting pressure on the banks to increase their balance sheet provisions due to higher mortgage and unsecured impairments, as well as higher capital needs, Credit Suisse said.  Full Article

 
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Henderson manager buys banks 8:22am BST 

LONDON (Reuters) - Equities look good value given the credit crisis is past its worst, fund manager James Henderson at Henderson Group said on Monday, adding he had been buying banks, housebuilders and engineers.  Full Article 

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Asia telecoms lure investors with payouts 10:22am BST 

SINGAPORE (Reuters) - Investors look set to pump more money into Asian telecoms stocks, drawn by the sector's high cash payouts and stable earnings prospects, as they seek refuge from turmoil in financial markets, sky-high inflation and a slowing U.S. economy.  Full Article 

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