Stock market news
• Gains in banking and defence stocks in Europe spread to Tokyo, where shares in Mitsubishi Heavy Industries jumped 3% to hit record highs.
• The focus is on Ukraine and expectations that Europe will increase defence spending if a peace deal is struck. European futures rose slightly and pointed to a market opening near record highs reached on Monday, with the defence sector lifting broader indexes including the pan-European STOXX 600 and Germany's DAX. Arms maker Rheinmetall jumped 14%.
• US President Donald Trump has set up bilateral peace talks with Russia due to...
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