French regulators have failed in an attempt to extend the short-selling ban to major European stock markets, allowing investors to bet on further falls in financial stocks, the FT reports.
France's AAA credit rating is "stable" said ratings agency Standard & Poor's, a week after rumours hit the market the country is facing a downgrade.
Henderson is to close the offshore version of Charlie Awdry's China Opportunities fund following a redemption from a significant shareholder.
Warren Buffett has revealed he has exploited recent sell-offs to buy up cheap stocks.
The Swiss government is preparing to unveil a CHF1.5bn (£1.1bn) package to help the country deal with its soaring currency when it meets later today, Reuters reports.
Ajay Argal is to join Barings as head of Indian equities, based in Hong Kong.
Japan's economy performed better than expected in the second quarter, indicating relative resilience in the aftermath of the Tohoku earthquake.
GAM has opened its long-running US Equity fund to UK retail investors with the launch of a mirror fund.
The Conjecture panel discusses debt, contagion, and the outlook for European markets
Industrial production in Europe fell in June at the fastest rate since the start of the year, deepening fears economic growth will be hampered by the sovereign debt crisis.