Markets am: European stocks join China rally, UK gets wrong kind...

 
 
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Tuesday September 10 2013
 
 
Markets
 
European stocks join China rally
 
FTSE Asia Pacific index extends its longest run of gains for nine months while the Aussie dollar, heavily dependent on Chinese economic progress, also advances
 
 
 
UK gets wrong kind of economic recovery
 
The trouble with British housing bubbles is that they encourage de-industrialisation and reduce the growth potential of the economy
 
 
UK small caps enjoy hot summer hot streak
 
After a disappointing recovery from the financial crisis, confidence is on the rise, economic growth is picking up and the UK stock market has enjoyed a winning streak
 
 
London shares gain on Syria and China
 
Glencore Xstrata leads charge after identifying extra $500m savings, while housebuilder Persimmon also rises following positive UK house price data
 
 
Verizon set for blockbuster bond sale
 
The blockbuster offering, which may surpass Apple's $17bn record sale in April, could be priced as early as Wednesday, people familiar with the sale said
 
 
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Video
 
Lehman Legacy: The Financial System
 

Five years on from Lehman, the securitisation industry has almost collapsed but global banking is unchanged. Lawrence McDonald, a former Lehman trader, discusses with John Authers what still needs to be done to make financial institutions more robust.

 
 
 
 
 
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