Global

COMPANY REPORT

China has raised interest rates for the first time since 2007 in a bid to stifle inflation and dampen down its overheating property market.

Irish Wealth manager Bloxham has altered the investment process of the Elite Bloxham Global Equity Income fund in a bid to revive performance.

Standard Chartered's surprise £3.3bn rights issue has cast doubt on the capital requirements of the entire banking sector, Henderson financials specialist Emily Adderson says.

Dominique Strauss-Kahn, the head of the International Monetary Fund, has warned global currency disputes are a "real threat" to the economic recovery.

AFRICA

AFRICA

ON ASIA

Investec Asset Management's Thanos Papasavvas is tipping the Korean won to be among the top global currencies over the next year.

The global economy will grow at a slower pace than previously predicted next year, the IMF warns.