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| Asia regulators attack clearing standards |
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| Watchdogs have warned against the application of western standards as regulators assess whether clearing houses in Asia are robust enough to be used by European banks |
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| Cameron hints at missing migration target |
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| Comments by prime minister suggest Tories' 100,000 target for net migration may not be reached because of changing population flows within EU |
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| Fresh warning on Scotland's EU status |
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| Whether and how an independent Scotland could retain EU membership has become a key battleground in campaigning ahead of next September's referendum |
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| EU snubs Cameron on China pact |
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| Few EU leaders share the enthusiasm expressed by the British prime minister for rapidly accelerating a full trade deal with Beijing |
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| UK share settlement to be cut to two days |
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| Brussels wants to harmonise European settlement cycles, the period after a trade but before exchange of assets for cash, to a uniform period of two business days |
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| EU financial reform hits Asia |
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| Asian capital markets are not nearly as mature or complex as those in the US or EU, so a one-size-fits-all approach to regulation will not work |
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| Investor exuberance is still rational |
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| In 1999, the forward price/earning multiple on the S&P 500 was in excess of 24 times; currently, it is about 15 times, says Richard Madigan |
