FTSE slips on Anglo American

Anglo American has fallen 40p, or 2%, to 1,932. Analysts at Morgan Stanley have cut the rating on the stock to "underweight" from "overweight". Rio Tinto has dropped 30p, or 1.1%, to 2,593 points. Meanwhile, BAA has risen 14p, or 1.8%, to 789p. In Japan, the Nikkei 225 Stock Average climbed 78.72 points, or 0.5%, to 16,115.63 points after the Bank of Japan said borrowing costs will remain near zero and indicated increasing domestic demand will help propel a recovery in the world's second-largest economy. Seven & I gained 80 yen, or 1.8%, to 4,510, Mitsubishi UFJ rose 40,000 yen, or ...