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<i>Editorial:</i> New market regulator must set feisty tone
Sean Hughes will have two significant advantages when he sits down as the chief executive of the new Financial Markets Authority early next year.

Fed must spend up to stop markets going into tailspin
Central bankers would like to be able to get back to business as usual.

Stocks slide overnight as China hikes rates
Stocks in Europe and the US slid as China unexpectedly increased its benchmark interest rate and after Apple's earnings forecast fell short of some expectations.