The Chinese government has raised interest rates for the fifth time since October, despite concerns tightening measures are dampening economic growth.

FRIDAY FINANCE

Commodities guru Jim Rogers is sticking with his bullish stance on China, despite a recent wave of negative sentiment and losses from Chinese equities.

Japan's leading share index extended its winning streak to six days overnight, it's longest spell of consecutive positive returns since March's earthquake and tsunami.

The Financial Services Authority has warned investors an unauthorised firm masquerading as Invesco Perpetual is attempting to sell fake funds.

Guinness Asset Management has labelled recent intervention in oil markets by the International Energy Agency (IEA) as a one-off and predicted it will not take similar action in future.

High yield bonds will return 7%-8% in 2011, according to Ian Edmonds of Legg Mason, driven by a surge in M&A and falling default rates.

Aberdeen's Hugh Young has said a China slowdown will be "beneficial" to the global economy, after manufacturing growth dropped to its lowest level in over two years.

Opportunities in the pharmaceuticals sector continue to be overlooked, with "phenomenal value" on offer, Invesco Perpetual's Neil Woodford has said.

BlackRock's Evy Hambro has backed the recent trend of strong dividend growth among gold miners to continue off the back of soaring gold prices.