Japan’s Nikkei was up 14 points, a one-day record gain, and European stocks appeared set to repeat Monday’s strong gains, with the largest gain at “Societe Generale SA [which] rallied 13 percent after posting a profit and saying it doesn’t need additional capital. Oil headed for its biggest two-day advance in three weeks” (Bloomberg)  as financial markets around the world begin to react positively to more government intervention, ahead of the US pumping $250 billion into nine banks. CNN, Financial Times

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