The gold spot price fell to a four-month low of $1,596 on Tuesday after the dollar strengthened significantly against the euro and other leading currencies.

Peter Smith, head of investment policy at the Financial Services Authority, is to exit the regulator shortly, Investment Week can reveal.

Yields on UK debt were heading towards record lows in morning trading as worries over election results in Europe and news Spain may be forced to prop up its banking system spooked investors.

Yields on German government bonds have fallen to a new record low amid weaker than expected jobs data from the US.

Société Générale strategist Albert Edwards has warned investors who own Australian government debt they face the 'mother of all hard landings' if China's economy slows down as they expect.

The FTSE 100 was in positive territory in early trading as investors across Europe pushed indices higher in reaction to Spain's successful bond auction.

Standard & Poor's has raised its credit rating on Greece from Selective Default (SD) to CCC.

Unemployment in the eurozone reached yet another record high in March as spending cuts continued to hit the working population.

Henderson Group today reported growth of more than £2bn in assets under management for the first quarter of 2012 as market gains offset outflows.

UBS shareholders including F&C are set to rebel against the Swiss bank's proposed pay packages for its top executives, echoing the moves taken by Barclays shareholders last week.