Capital Economics' managing director Roger Bootle gives his views on how markets and European countries would respond to a Greek exit from the eurozone and the impact on other struggling peripheral nations.
Japan's economy has shrunk by 3.5% on an annualised basis, following a sharp decline in exports to key markets like China.
HSBC is investigating allegations criminals used offshore accounts at its Jersey business for money laundering and tax evasion, the BBC reports.
Lazard's global equity income fund manager Pat Ryan has warned investors off buying tobacco companies after the rush to buy safe haven-style stocks sent valuations sky-rocketing.
If the US was to go off the fiscal cliff at the end of the year it would lead to a recession in the world's largest economy, the country's Congressional Budget Office (CBO) has warned.
The US technology sector has been "crushed" in recent weeks but remains on course for long-term gains, managers have insisted.
The Dow shed more than 300 points in yesterday's session as investors questioned re-elected President Barack Obama's commitment to dealing with the US fiscal cliff.
RWC has unveiled a Cayman fund to be managed by the European focus team, which recently joined from Hermes.
Wealth manager Rathbones has acquired Taylor Young Investment Management's private client business in the first of a string of acquisitions for the group in the sector.