COMMENT ON THIS ! Your Views! Japan’s Nikkei stock average soared 13 per cent on Tuesday, taking heart from international government pledges to pour cash into struggling banks and restore confidence in the global financial system.

Mandaue exec justifies cash advances (Cebu Daily News)
Mandaue City Administrator Briccio Joseph Boholst yesterday justified the practice of allowing city officials and personnel to avail of cash advances to provide a fast (and) responsive delivery of services to city residents.

India’s 10-Year Bonds Fall Most in Three Weeks as Oil Advances (Bloomberg)
Oct. 14 (Bloomberg) — India’s 10-year government bonds declined the most in almost three weeks as a rally in crude-oil prices tempered optimism inflation will slow.

German Stocks Rally on Bank Rescue Plan; Commerzbank Advances (Bloomberg)
Oct. 13 (Bloomberg) — German stocks rebounded from the steepest weekly drop on record, led by banks, after European leaders agreed on measures to shore up financial markets.