ON SPECIALIST MARKETS
The mainland Chinese stockmarket suffered its worst decline in about a year on Friday, as talk of further imminent rate hikes spooked investors.
China's inflation rate hit a two-year high in October at 4.4%, driven by an increase in food prices.
Prime Minster David Cameron has warned China it must correct its trade imbalance amid concern the country is deliberately devaluing its currency to boost exports.
China's leading credit rating agency downgraded the US to 'A' following last week's announcement of a second round of quantitative easing.
Anthony Bolton's Fidelity China Special Situations trust is set to issue new shares to investors in the New Year.
Anthony Bolton's Fidelity China Special Situations trust could be set to issue more shares after the company's price widened to a 13% premium over NAV.