Subject: This Morning's Headlines: Yen slumps after S&P cuts Japan rating, Federal Rese...
From: "Financial Times Briefing" <[email-masked]>
To: <[email-masked]>
Date: Thu, 27 Jan 2011 08:03:02 -0500

View an online version of this email here: 
http://view.ed4.net/v/5F39HH/TPW1QU/XIXDDZ/YLED4/
---------------

ft.com/briefings 
FINANCIAL TIMES - Morning headlines
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/FXGSWP/82/t?a=2011&b=1&c=27

Thursday January 27 2011 

----------
Financial Times - US homepage
----------

Yen slumps after S&P cuts Japan rating
The FTSE All-World equity index has recovered after an early wobble caused by the rating agency’s downgrade reviving sovereign debt fears 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/QFMHRF/82/t?a1=2011&a2=1&a3=27

Federal Reserve makes cautious growth upgrade
The Federal Reserve made a cautious upgrade to its growth outlook and kept its asset purchase programme at $600bn after its first unanimous vote since 2009 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/NSA193/82/t?a1=2011&a2=1&a3=27

ProLogis in merger talks with AMB Property
The world’s leading warehouse company is in advanced talks to combine with AMB Property, another US industrial real estate company 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/GK8JXN/82/t?a1=2011&a2=1&a3=27

Former Galleon managers admit insider trading
Two former Galleon Group portfolio managers pleaded guilty to trading ahead of corporate takeovers based on inside information and agreed to co-operate with the government 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/40R5O2/82/t?a1=2011&a2=1&a3=27

----------
Financial Times - Financial markets news
----------

Commodities daily: Seeds of a fresh food crisis
There are similarities between the current price spikes and 2007-08 as developing nations put in large orders for staple crops – panic buying could inflate prices further 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/40RM66/82/t?a1=2011&a2=1&a3=27

Pensions add to US states’ leverage
Connecticut, Illinois and Hawaii are among the states with the highest combined debt and pension liabilities, according to a study by Moody’s Investors Service 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/3OJM67/82/t?a1=2011&a2=1&a3=27

Retailers take toll on London shares
Footsie held back after a surprise fall in profit at Sweden’s H&M knocked sentiment, while BSkyB’s strong earnings added pressure on News Corp to raise its offer price 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/IYORK5/82/t?a1=2011&a2=1&a3=27

Hong Kong regulator rebukes banks
The Securities and Futures Commission is expected to follow up its warning on ‘material omissions’ in listing applications with action against one or more banks 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/QFMTJI/82/t?a1=2011&a2=1&a3=27

Asian shares make progress on  growth hopes
With the S&P downgrade to Japan’s sovereign debt rating coming after the close of the region’s equities markets, Asian indices made further progress 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/GK8SW5/82/t?a1=2011&a2=1&a3=27

----------
Financial Times - World
----------

Yemenis protest against dynastic rule
Taking inspiration from mass movements in Tunisia and Egypt, protesters gather at different points in the capital Sana’a, calling for an end to the president’s regime 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/KEC3IQ/82/t?a1=2011&a2=1&a3=27

Cairo bourse falls further on re-opening
The Cairo stock exchange has plunged when it reopened after a suspension, following two days of violent confrontations between anti-regime protesters and security forces 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/UUX83N/82/t?a1=2011&a2=1&a3=27

S&P downgrades Japan on debt worries
Standard & Poor’s has cut Japan’s sovereign debt rating for the first time since 2002, saying the government lacks a “coherent strategy” for dealing with its soaring state debt 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/YHICLF/82/t?a1=2011&a2=1&a3=27

Australia introduces one-off ‘flood tax’
Prime minister Julia Gillard announces a one-off levy, spending cuts and defers spending on infrastructure projects to meet the estimated A$5.6bn cost of cleaning up after disaster 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/D4HQ5D/82/t?a1=2011&a2=1&a3=27

Noonan vow on Irish bail-out rate cut
Fine Gael will seek lower interest rate on EU funds and a reduction in the debts owed to senior bondholders by Irish banks if party wins general election 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/XTYCLC/82/t?a1=2011&a2=1&a3=27

----------
FT.com - US
----------

Pensions add to US states' leverage
Connecticut, Illinois and Hawaii are among the states with the highest combined debt and pension liabilities, according to a study by Moody's Investors Service 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/M92UQ3/82/t?a1=2011&a2=1&a3=27

Pressure builds on US college funding
US university endowments made a sharp turnround in 2010, returning an average of 11.9% after falling steeply during the financial crisis, according to a report 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/PR7TJJ/82/t?a1=2011&a2=1&a3=27

US says China wants to contain N Korea
Admiral Mike Mullen, chairman of the joint chiefs of staff, says Beijing has shown renewed commitment to curtailing Pyongyang's aggression following President Hu Jintao's Washington visit 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/BMLYZV/82/t?a1=2011&a2=1&a3=27

----------
FT.com - Companies US & Canada
----------

ProLogis in merger talks with AMB Property
The world's leading warehouse company is in advanced talks to combine with AMB Property, another US industrial real estate company 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/3OJM64/82/t?a1=2011&a2=1&a3=27

LightSquared wins waiver on 4G network
The ruling from US regulators allows the telecommunications group to bypass a requirement that devices connected to its network be able to communicate with satellites 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/M92UQ1/82/t?a1=2011&a2=1&a3=27

Motorola sees slowdown in smartphone sales
Motorola Mobility, the smartphone manufacturer, sold slightly fewer handsets than expected in the fourth quarter and provided a cautious outlook warning that it expects to report a modest loss 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/HD6RKP/82/t?a1=2011&a2=1&a3=27

Qualcomm beats forecast as sales soar 25%
The leading US mobile phone chipmaker by sales raises its forecasts for 2011 as it eyes a significant expansion into tablets, e-readers and consumer electronics in the home 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/V1KOUA/82/t?a1=2011&a2=1&a3=27

Former Galleon managers admit insider trading
Two former Galleon Group portfolio managers pleaded guilty to trading ahead of corporate takeovers based on inside information and agreed to co-operate with the government 
Read more >> 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/26S780/82/t?a1=2011&a2=1&a3=27

----------

(c)THE FINANCIAL TIMES LTD 2011

ABOUT THIS EMAIL 
You have received this email because you have signed up for this keyword/company alert on FT.com

Change Briefings 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/YHIVTJ/82/t?a=YLED4&b=[email-masked]&c=39545617&d=2011&e=1&f=27

Unsubscribe
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/8APK2B/82/t?a=5F39HH&b=IY27SD&c=ZTQYW&d=BMGW0I&e=YB&f=cmhiQHJzcGRjLmNvbQ==&g=2011&h=1&i=27

Change Email Address 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/40R5OL/82/t?a=YLED4&b=[email-masked]&c=39545617&d=2011&e=1&f=27

Forward this email to a friend 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/HD6RK7/82/t?a=5F39HH&b=TPW1QU&c=XIXDDZ&d=YLED4&e=[email-masked]&f=2011&g=1&h=27

Privacy policy 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/NSA19D/82/t

About Us 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/IYOFD4/82/t

Help 
http://link.ft.com/r/5F39HH/IY27SD/ZTQYW/BMGW0I/26S78H/82/t

---------------
This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723. 

[[5F39HH-TPW1QU-IY27SD-ZTQYW-BMGW0I-T-M2-20110127-0d541705e06d9dbd]]

<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd">
<plist version="1.0">
<dict>
	<key>conversation-id</key>
	<integer>105197</integer>
	<key>date-last-viewed</key>
	<integer>0</integer>
	<key>date-received</key>
	<integer>1296133384</integer>
	<key>flags</key>
	<integer>8623750145</integer>
	<key>remote-id</key>
	<string>35357</string>
</dict>
</plist>