Equities

Chinese inflation has fallen to a 20-month low, giving further room for policymakers to stimulate the economy.

Ministers have been urged by an influential committee to draw up a plan of action to help the country cope in the event of a eurozone collapse.

Chris Rice, manager of the £823m Cazenove European fund, is adding risk to his portfolios due to bombed out valuations and the European Central Bank's implementation of "one of the biggest bailouts in history".

Daniel Tubbs, manager of the $1.1bn BGF Emerging Markets fund, has left the group to pursue other opportunities.

Financier Allen Stanford faces up to 20 years in prison after being found guilty of orchestrating a $7bn Ponzi scheme.

Lehman Brothers has emerged from bankruptcy and is now a liquidating company that will begin the process of paying back its creditors and investors before finally being wound up.

A 'disorderly' default in Greece could cause more than €1trn (£833bn) damage to the eurozone, a confidential report has warned.

Russian equities approached a seven-month high today as investors bet Vladimir Putin's return to the presidency will extend the market's ongoing rally.

Aberdeen is taking on the management of two emerging market Credit Suisse funds, which will be merged into existing offshore portfolios run by Devan Kaloo and Brett Diment.

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