The FTSE 100 soared to its highest level since early August in morning trading, as investors remained hopeful of a resolution in Europe.
The US is set to see another ratings agency strip it of its AAA-credit rating by the end of the year, Bank of America Merrill Lynch has predicted.
Leading banks are at odds with European policymakers after lenders offered to take a haircut of 40% on their Greek bonds, but leaders said the proposals do not go far enough.
Investors have come under increased pressure to inflation-proof their portfolios as a fresh spike in CPI and RPI raised doubts levels will drop back to the Bank of England's 2% target in 2012.
Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).
Threadneedle will not be hiring any of the fund managers from LV= Asset Management when the assets move across at the end of the month, Investment Week understands.
Imagine you are a political leader tasked with solving the global economic and financial crisis. You are made aware of the severity of the systemic calamity at hand and told that time is short. What do you do?
The Chinese equity market could rise 20% in the coming months as the government once again moves to support the economy, said Capital Economics' China specialist Mark Williams.
JPMAM economist Dan Morris says credible end to the crisis is in sight with progress made towards hitting three crucial benchmarks.