The board of Anthony Bolton's Fidelity China Special Situations fund has bought back a further 750,000 shares in a bid to narrow its discount.
Spanish banks will be required to find another €50bn in provisions to make up for ‘bad property assets' as the government carries out further reforms on the financial sector.
Hungarian bond yields soared above 10% yesterday after the government cancelled a bond swap auction, increasing fears the country will be the first in the EU to default on its debt.
The Swiss National Bank (SNB) has been forced to publish its central bankers' code of ethics after the governor's wife became embroiled in a franc swap scandal.
Liontrust's Eoghan Flanagan has urged Chinese policymakers to accelerate monetary easing by the end of the year in order to help boost a slowing economy.
US stocks climbed overnight on upbeat economic data and a successful Spanish bond auction, lifting investor hopes of the fabled year-end 'Santa Claus rally'.
Around 10% of Hungary's local bond market is owned by Franklin Templeton Investments, according to reports.
Prince Alwaleed bin Talal, one of the world's richest men, has invested $300m in social microblogging site Twitter.