| Bank of England rate setters lean towards more easing as Sentance urges cut BoE policymakers lean toward more monetary easing in vote 8-1 to hold interest rates as Andrew Sentance repeats call for a rise telegraph.co.uk |
Currencies: Dollar declined after U.S. housing data The U.S. dollar succumbs in the face of rumors of Japanese intervention to sell the yen. feeds.marketwatch.com |
BHP Biliton refuses $1.5bn tax payout for Potash deal BHP Billiton has rejected a C$1.5bn (£930m) deal with Canada's provincial government that would have won a favourable review for its bid for PotashCorp. telegraph.co.uk |
Europe Markets: European stocks end lower, but Ericsson jumps Investors take profits on recent gains and absorb another handful of earnings reports, with Ericsson and Volkswagen higher but Volvo weaker. feeds.marketwatch.com |
Bankers 'caused credit crisis for kicks' Forget the thorny problems of risk, regulation and even reward: bankers blew up the financial system for the thrill of it, says a British academic. telegraph.co.uk |