Dynamic Wealth Management: World business, finance and political news from the Financial Times– FT.com Europe

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Minister speaks out as unemployment rises above 24%

• Global Market Overview Stocks shrug off Spain downgrade
• S&P downgrades Spain to triple B plus
• Repossessed Spanish homes fall in value
• Town reflects what went wrong with Spain

GLOBAL MARKET OVERVIEW from MARKETS1:33pm

Stocks shrug off Spain downgrade

German Bund yields hover near record lows

• S&P downgrades Spain to triple B plus
• Debt fears return as ECB funds are used up

From COMPANIES 1:23pm

Ford profit falls 45% on weakness abroad

European woes offset strength in US market

• Chrysler results boost Fiat profits
• Beijing Auto Show 2012