The US Treasury today issued updated proposals designed to fight offshore tax evasion.
The latest in a string of better than expected macro data from the US drove markets higher on Friday, with the Nasdaq reaching an 11-year high.
Equity markets are spiking after US non-farm payrolls data revealed the economy added 243,000 jobs last month - far above consensus expectations.
A graffiti artist is set to make $200m from the Facebook IPO after he opted for shares instead of a cash payment for his work in the head office seven years ago.
Schroders' Sonja Laud has warned investors are facing a global yield crisis, and she expects cash to flow out of government bonds and into equities in the hunt for dividends.
Bank of America shares surged almost 6% on the opening bell on Wall Street after the bank posted net income of $2bn for the fourth quarter of 2011, despite its investment banking arm booking a loss.