Japan has dropped back into a recession, after GDP shrank for a second successive quarter.
Chinese data for October came in weaker than expected on Thursday, dragging down the mainland index, but Hong Kong shares have remained strong.
L&G's asset allocation team predicts the most likely date for an interest rate rise will be May 2015, despite a clash with next year's general election.
Japan's Nikkei index closed at a seven-year peak this morning, following a significant purchase of ETFs by the Bank of Japan after Monday's trading ended.
New rules have been announced by the Financial Stability Board (FSB) that propose preventing large banks from being bailed out by the taxpayer.
Stocks in Shanghai and Hong Kong have rallied after authorities confirmed the trading link between the two cities' exchanges is to open next week.
US shares have continued to rally after European Central Bank (ECB) president Mario Draghi laid the groundwork for full blown quantitative easing in the eurozone.
The European Central Bank (ECB) is increasingly likely to announce full quantitative easing before the end of the year, interpretations of president Mario Draghi's latest comments suggest.
Supermarket shares have risen sharply after Morrisons' interim results showed signs that the worst of an ongoing sales slump may be over.
As the US Federal Reserve finally turns off the money printing presses, veteran investor Bill Gross has warned the global economy cannot survive without the support of quantitative easing.