Miners drag on FTSE

BHP Billiton has fallen 0.8% to £11.10 and Rio Tinto has dropped 1.3% to £30.13, having advanced to records yesterday, as metals traded near their highest prices. Tate & Lyle has also fallen 2.2% to 563p. In Japan, the Nikkei 225 Stock Average index fell 40.4 points or 0.2% to 17,292.91 points by the 3pm cloe of business in Tokyo after a US report showed slower manufacturing growth and higher prices, heightening concern local shares have risen too far too fast. Toyota lost 40 yen, or 0.6%, to 6,470 and Honda Motor fell 50 yen, or 0.7%, to 7,340. Mitsubishi UFJ Financial Group fe...