﻿<?xml version="1.0" encoding="utf-8"?><?xml-stylesheet type="text/xsl" href=C:\sites\ft\rss.xslt?><rss version="2.0"><channel><title>We live in Financial Times</title><link>http://www.ft.com/</link><description>Financial Times</description><item><title>Crude sticks around 4½-year low </title><description>Reaction to Opec's 2.2m barrel production cut remained muted, with crude prices tracking multi-year lows even as the dollar continued to weaken </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121820080750448648</link><pubDate>2008-12-18T07:35:13.0000000-05:00</pubDate></item><item><title>Sterling tumbles towards parity with euro</title><description>The pound dropped to a fresh record low against the euro, breaking through the £0.95 level for the first time, as the prospect of further interest rate cuts from the Bank of england continued to punish the currency.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121820081050548666</link><pubDate>2008-12-18T06:25:14.0000000-05:00</pubDate></item><item><title>Carrefour leads European retailers lower</title><description>Retailers were the focus of attention in European equity markets as French supermarket group Carrefour announced that it expected this year's earnings growth to fall short of expectations</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121820080957058661</link><pubDate>2008-12-18T06:11:59.0000000-05:00</pubDate></item><item><title>BA weighs on FTSE after Qantas talks fail</title><description>London equities were flat on Thursday, after one of the few major potential mergers of the year failed to progress into a full deal. </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121820080345258615</link><pubDate>2008-12-18T03:32:38.0000000-05:00</pubDate></item><item><title>Global slowdown continues to weigh on Asia</title><description>Asia-Pacific shares were mixed on Thursday as the global economic slowdown continued to hurt company earnings, while the drop in oil below $40 per barrel took its toll on some producer shares</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121820080014538606</link><pubDate>2008-12-18T00:00:50.0000000-05:00</pubDate></item><item><title>Overview: Equities subdued despite Fed's drastic rate cut</title><description>US government bonds soared and the dollar came under intense pressure as investors considered the implications of the Federal Reserve's dramatic interest rate cut</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720081509128519</link><pubDate>2008-12-17T17:53:24.0000000-05:00</pubDate></item><item><title>Sentiment may be near turning point</title><description>The levels of severe pessimism that have sent investors fleeing to the safe havens of government bonds and cash are bottoming out, a global survey of fund managers has found</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720081327078480</link><pubDate>2008-12-17T13:12:47.0000000-05:00</pubDate></item><item><title>Opec agrees record production cut</title><description>The Opec oil cartel announced a further – and record – 2.2m barrels a day cut on top of the 2m b/d it had pledged since September in an attempt to shore up falling oil prices. </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720081120438451</link><pubDate>2008-12-17T11:57:10.0000000-05:00</pubDate></item><item><title>Wall St set to fall as rate cut euphoria fizzles</title><description>Wall Street stocks were set to retreat from their monthly high as euphoria over the Federal Reserve's interest rate cut to virtually zero faded</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720080857048430</link><pubDate>2008-12-17T08:50:37.0000000-05:00</pubDate></item><item><title>BNP Paribas leads European finacials lower</title><description>European equities fell on Wednesday, with renewed pressure on financial stocks following a profit warning overnight from BNP Paribas.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720080702338417</link><pubDate>2008-12-17T06:57:11.0000000-05:00</pubDate></item><item><title>Bank minutes send sterling to record lows</title><description>Sterling fell to a record low against the euro and lost ground against the dollar after the minutes of the Bank of England's December meeting raised expectations that it would follow the Federal Reserve and slash interest rates aggressively.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720081015258444</link><pubDate>2008-12-17T06:28:23.0000000-05:00</pubDate></item><item><title>FTSE higher as banks and oil stocks rise</title><description>London equities moved higher in opening trade on Wednesday, as traders welcomed the Federal Reserve's latest reduction in US interest rates. </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720080345338392</link><pubDate>2008-12-17T03:33:31.0000000-05:00</pubDate></item><item><title>Fed rate cut boosts Asia-Pacific markets</title><description>Property companies boost the Hang Seng 0.6% per cent to 15,220.68 and the Shanghai Composite index gains 1.3% to 1,999.926, led by financials and steel companies</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121720080121328385</link><pubDate>2008-12-17T01:05:34.0000000-05:00</pubDate></item><item><title>BoJ under pressure as yen continues rally </title><description>The currency's growing strength puts pressure on the Bank of Japan to cut interest rates from their current level 0.3 per cent to 0.1 per cent at its meeting that starts on Thursday</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620082350448384</link><pubDate>2008-12-16T23:36:42.0000000-05:00</pubDate></item><item><title>Emerging funds suffer worst year yet</title><description>Emerging market funds have had their poorest year since records began because of the violent sell off in risky assets</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620081532098308</link><pubDate>2008-12-16T15:21:20.0000000-05:00</pubDate></item><item><title>Overview: Fed surprises with lowered lending target</title><description>The Federal Reserve caught financial markets by surprise on Tuesday as it lowered its target for overnight lending from 1 per cent to between zero and 0.25 per cent</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620081520468301</link><pubDate>2008-12-16T15:09:20.0000000-05:00</pubDate></item><item><title>Demand fears spark aluminium price drop</title><description>Aluminium prices sank to a five-year low on Tuesday, breaching $1,500 a tonne, amid fears about deteriorating demand in China and the US</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620081503158295</link><pubDate>2008-12-16T14:53:39.0000000-05:00</pubDate></item><item><title>Goldman Sachs falls to $2.12bn loss</title><description>Goldman Sachs reported a loss of $2.12bn, or $4.97 a share, for the fourth quarter, its first quarterly loss since going public in 1999</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080951088206</link><pubDate>2008-12-16T09:43:00.0000000-05:00</pubDate></item><item><title>Wall St set to fall after data add to pressure </title><description>Wall Street stocks were set for a lower start after figures from Goldman Sachs and more economic data provided fresh insight into difficulties facing financial institutions and the scale of the recession</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080921258203</link><pubDate>2008-12-16T09:05:34.0000000-05:00</pubDate></item><item><title>Oil prices consolidate awaiting Opec </title><description>Oil traded around the $45 a barrel level, ahead of this week's Opec meeting, while gold dipped ahead of the latest meeting of the Federal Reserve which was expected to deliver a further reduction in US interest rates</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080726428178</link><pubDate>2008-12-16T07:19:30.0000000-05:00</pubDate></item><item><title>Dollar stable ahead of Fed decision</title><description>The dollar edged higher against the euro on Tuesday after posting sharp losses in the previous session as traders awaited the Federal Reserve's decision on interest rates. </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080720338173</link><pubDate>2008-12-16T07:10:24.0000000-05:00</pubDate></item><item><title>European stocks rebound on PMI figures</title><description>European shares edged up led by defensive stocks as a key sentiment indicator for eurozone business did not fall as sharply as expected. </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080651128169</link><pubDate>2008-12-16T06:41:57.0000000-05:00</pubDate></item><item><title>Retail stocks plunge on fresh warnings</title><description>Shares in Carpetright and Kesa tumbled after the retail groups said they were finding it tough going in the current environment and financial stocks remained under pressure as the fallout from the Madoff scandal spread</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080421078156</link><pubDate>2008-12-16T04:29:15.0000000-05:00</pubDate></item><item><title>Asia-Pacific braced for poor US data</title><description>Investors are cautious ahead of the Federal Reserve's widely expected rate cut later on Tuesday and in anticipation of a round of negative earnings at US banks</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121620080451388160</link><pubDate>2008-12-16T00:29:59.0000000-05:00</pubDate></item><item><title>Rubber producers unveil export cuts</title><description>The world's top three rubber producing countries plan to cut exports by one-sixth next year to stem declining prices</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520081602328082</link><pubDate>2008-12-15T15:51:45.0000000-05:00</pubDate></item><item><title>Banks face specialist bond insurer losses</title><description>Analysts say potential losses from CDPCs are significantly smaller than those from monolines, but that they could still be material</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520081602338083</link><pubDate>2008-12-15T15:51:45.0000000-05:00</pubDate></item><item><title>KSE tumbles after trading floor is lifted</title><description>The KSE-100 index fell 370 points to close at about 8,817 points, well below the floor of 9,144 points imposed since August</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520081532158072</link><pubDate>2008-12-15T15:18:09.0000000-05:00</pubDate></item><item><title>Overview: Dollar loses ground ahead of FOMC meeting</title><description>The dollar came under further pressure and US stocks lost ground as investors fretted about the outlook for the economy</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520081527178071</link><pubDate>2008-12-15T15:17:07.0000000-05:00</pubDate></item><item><title>US court blocks transfer of Argentine cash</title><description>Millions of dollars in Argentine pension fund assets have been frozen to prevent the money leaving the US at the request of bondholders hit by the South American country's 2001 default.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520081126517990</link><pubDate>2008-12-15T11:19:16.0000000-05:00</pubDate></item><item><title>Wall Street hangs hopes on commodities</title><description>Wall Street stocks were set to begin the week in mixed fashion as commodity sector gains could offset ongoing uncertainty over the future of the country's car industry and concerns of investor exposure to Bernard Madoff's alleged $50bn fraud.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520080915157967</link><pubDate>2008-12-15T09:01:36.0000000-05:00</pubDate></item><item><title>Oil nears $50 ahead of Opec meeting   </title><description>Oil prices rebounded strongly, ahead of this week's Opec meeting, while base metals rose and gold gained as commodity markets staged a broad based recovery </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520080702187957</link><pubDate>2008-12-15T06:51:03.0000000-05:00</pubDate></item><item><title>Dollar drops to two-month low against euro</title><description>The dollar dropped to a two-month low against the euro and lost ground elsewhere as concerns over the health of the US economy and the impact of the US government's rescue plans weighed on the currency.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520080620247954</link><pubDate>2008-12-15T06:06:09.0000000-05:00</pubDate></item><item><title>HSBC hit by reports of links to Madoff</title><description>London equities started the last full trading week of 2008 with gains, with recovering crude prices energising oil stocks. </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121520080409177933</link><pubDate>2008-12-15T03:56:40.0000000-05:00</pubDate></item><item><title>Overview: Fate of 'Big Three' carmakers weighs on equities</title><description>Worries about the potential fall-out from a collapse of the Detroit carmakers on the wider US economy unsettled global equity markets and the dollar</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220081456387636</link><pubDate>2008-12-12T14:40:27.0000000-05:00</pubDate></item><item><title>Wall St lower as auto bill collapses </title><description>Wall Street stocks were set for a sharply lower start after the collapse of the $14bn bill to provide urgent funding for the ailing US car industry heightened the risk of an imminent failure and subsequent economic fallout</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220081044527568</link><pubDate>2008-12-12T08:57:57.0000000-05:00</pubDate></item><item><title>Goldman slashes oil price forecasts</title><description>The investment bank almost halved its forecast for next year's oil price as it warned of the impact of the global recession on demand for energy</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220080714007542</link><pubDate>2008-12-12T07:03:09.0000000-05:00</pubDate></item><item><title>Sterling hits new low against euro</title><description>Sterling slid to fresh lows against the euro on Friday, and simultaneously fell against the yen and the dollar, as the rapid deterioration in UK economic data continued to hammer the pound</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220080701307540</link><pubDate>2008-12-12T06:45:40.0000000-05:00</pubDate></item><item><title>Bailout failure knocks European shares</title><description>European markets sank sharply on Friday after the bailout talks for the embattled US carmarkers collapsed and JP Morgan said it had a terrible November and December, knocking the banking sector.</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220080601517532</link><pubDate>2008-12-12T05:50:35.0000000-05:00</pubDate></item><item><title>HBOS adds to London's woes</title><description>European equities were hit hard by a flurry of volatility spurred by the wider economic implications of the failure of the US auto bail-out </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220080402337515</link><pubDate>2008-12-12T03:51:33.0000000-05:00</pubDate></item><item><title>Dollar slides to 13-year low against the yen</title><description>The dollar slid to its lowest in 13 years against the yen as the senate failed to agree on a bailout for the three US automakers</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121220080049577514</link><pubDate>2008-12-12T00:37:16.0000000-05:00</pubDate></item><item><title>Illinois delays bond sale following arrest</title><description>Illinois postpones $1.4bn bond sale, as Standard &amp; Poor's warns it might cut the state's credit rating in the wake of Rod Blagojevich's legal troubles</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120081726177451</link><pubDate>2008-12-11T17:11:25.0000000-05:00</pubDate></item><item><title>Overview: Greenback's haven status in doubt</title><description>The dollar touched its lowest level for six weeks against the euro and for seven weeks against the yen as investors digested dismal data from America where unemployment has hit a 26-year high</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120081426057391</link><pubDate>2008-12-11T14:11:06.0000000-05:00</pubDate></item><item><title>CP market in US expands $48.6bn </title><description>The US commercial paper market has expanded at its fastest pace in six weeks, increasing $48.6bn, spurred by the Fed's Commercial Paper Funding Facility</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120081319307378</link><pubDate>2008-12-11T13:08:57.0000000-05:00</pubDate></item><item><title>H shares rebound from depressed values</title><description>Mainland Chinese shares traded in Hong Kong have climbed 70 per cent since most Asian markets bottomed out at the end of October</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120081314317376</link><pubDate>2008-12-11T13:04:23.0000000-05:00</pubDate></item><item><title>Sterling at new low versus euro</title><description>Sterling touched a fresh all-time low against the euro on Thursday, as the outlook for the UK economy darkened further amid a blitz of negative economic data</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120080802097320</link><pubDate>2008-12-11T07:48:25.0000000-05:00</pubDate></item><item><title>Crude oil gains and gold shines  </title><description>Oil prices rose amid mounting expectations that Opec will announce a substantial supply cut at the oil producers' meeting next week while gold maintained a hold above the $800 level</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120080755557319</link><pubDate>2008-12-11T07:43:35.0000000-05:00</pubDate></item><item><title>Russia allows further depreciation of rouble</title><description>Russia's central bank allowed the rouble to weaken against its dollar/euro basket on Thursday, the fifth time the currency's depreciation has been stage managed by authorities in six weeks</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120080707597315</link><pubDate>2008-12-11T06:58:02.0000000-05:00</pubDate></item><item><title>European rally fades as recession fears return</title><description>European markets edged lower as papermakers were knocked by poor results and metals and drugs stocks sank on jitters about a global recession.  </description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120080701347314</link><pubDate>2008-12-11T06:48:55.0000000-05:00</pubDate></item><item><title>FTSE under pressure as high street losses mount</title><description>London equities were little changed on Thursday, but retailers came under further pressure after music store chain HMV missed profit forecasts</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120080356527284</link><pubDate>2008-12-11T03:46:26.0000000-05:00</pubDate></item><item><title>Asia-Pacific markets absorb negative data</title><description>Korean shares gained on Thursday following a reduction in interest rates. However, the gains were limited and the rest of the region's markets were mixed</description><link>http://us.ft.com/ftgateway/superpage.ft?news_id=fto121120080038097278</link><pubDate>2008-12-11T00:25:10.0000000-05:00</pubDate></item></channel></rss>