Renowned stockpicker Anthony Bolton has wasted no time getting down to business in the Far East, fully investing his £471m China Special Situations trust.

The US Senate has approved the largest overhaul of financial regulation since the Great Depression, which is aimed at averting a repeat of the recent credit crisis.

BP's US-listed shares of soared 7.6% yesterday after the giant announced it had temporarily stopped the oil leak into the Gulf of Mexico for the first time since late April.

Investment banking giant Goldman Sachs will pay a record $550m fine to settle the SEC's fraud probe into mortgage-backed securities.

Neptune's Robin Geffen is maintaining a cautious stance within his £1.07bn Global Equity fund, fearing the "sustainability and breadth" of the recovery in the OECD economies.

Renowned investor Anthony Bolton has predicted a further phase to the bull market on expectations Western economies will avoid a double dip recession.

Anthony Bolton has built up a strong exposure to mid and small-cap stocks in his Fidelity China trust as the esteemed stockpicker aims to tap into the country's increasing domestic consumption.

Gartmore's share price has fallen sharply this morning following the sudden resignation of star manager Guillaume Rambourg last night.

Henderson chief economist Simon Ward believes the Bank of England must stop ignoring strong UK inflation and raise interest rates.

Star European manager Guillaume Rambourg explains his exit from fund manager Gartmore and vows to regain approved status from the FSA.