The 6am Cut London | FT Alphaville


 

Asian shares declined and the yen strengthened on Thursday. The MSCI Asia Pacific was poised to fall for a second day after touching a 17-month high earlier this week. The Nikkei Stock Average headed for its biggest two-day drop since November 2011 after the yen reversed its losses. (Bloomberg)

 

UK developers warn of FSA ‘slotting’ rules: “Property companies and bankers to the sector have warned that the rules, which will force banks to hold substantially more capital against loans secured on offices and shops, risk derailing the prospects of recovery in commercial real estate values.” Developments outside London are seen as most at risk. (Financial Times)

The 6am Cut London | FT Alphaville

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