China

China's decision to cut interest rates for the first time since December 2008 has met with a mixed response as investors try to fathom the implications of the move.

The positive impact of China's rate cut was dampened overnight in Asian and US markets as Ben Bernanke failed to clarify the Fed's policy approach in a speech yesterday.

China's move to cut rates should provide a boost for beaten up stock market sentiment in China, said Henderson's Charlie Awdry.

ON ASIA

A great deal has been written in recent years about the fund manager merry-go-round. But which sector has lost more managers than most? Kira Nickerson investigates.

The likelihood of a Greek exit from the eurozone this year is only around 25%, well below investment banks' consensus forecast of 50% to 70%, top commentators have said, with Germany set to prevent a ‘Grexit' before its own elections in 2013.

FIXED INCOME

Schroder Asia Pacific fund manager Matthew Dobbs explains why investors should keep an eye on the composition of growth in China not just the headline figures.

US stocks saw their first weekly gain since April as Greek election polls revealed support for pro-bailout parties and data showed the American housing market is stabilizing.

The UK's largest companies were climbing this morning on the back of Chinese stimulus hopes, after Shanghai Securities News said Chinese banks have "sped up" lending.