The International Monetary Fund (IMF) has cut forecasts for UK economic growth this year, warning GDP will grow by just 0.6% in 2012.

BlackRock's Nigel Bolton has revised down his earnings outlook for European corporates this year, although he is more upbeat than the consensus on the region's prospects.

Hargreaves Lansdown shares fell nearly 3% this morning, following an RBS downgrade from 'hold' to 'sell'.

Asia fund managers have mixed views on the timing of buying opportunities in China despite a consensus view inflation has peaked, according to Standard & Poor's.