Economics

Japanese equities gave up nearly 200 points overnight as the Bank of Japan (BoJ) disappointed the market by opting to keep its monetary policy unchanged, failing to address concerns over bond market volatility.

Shore Capital has upgraded wealth manager Brewin Dolphin to a 'buy' after the group successfully navigated the RDR rule change by retaining clients despite an increase to its fees.

A private charity lunch with Warren Buffet has sold for $1m - less than a third of last year's price.

Markets surged overnight on news Japan revised its annualised growth rate to 4.1% - up from an estimated 3.5%.

Wall Street rallied at the start of the session today after non-farm payroll numbers from the US beat expectations.

The US economy added 175,000 jobs in May, beating analyst expectations, although the unemployment rate ticked up in what was dubbed the most important jobs release in years.

Emerging market fund flows have suffered their worst week since 2011, as investors fear a correction arising from the tapering of the US's QE program.

Asian markets fell again overnight over uncertainty around US employment numbers out later today.

Well-known economist Roger Bootle stands to make tens of millions of pounds from the potential sale of his consultancy Capital Economics, in a deal which could value the group at £50m-£70m, according to reports.

Leading bond managers have said the US Federal Reserve could start winding down its QE programme as soon as this summer, with treasury yields jumping as a result.