S&P

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

EUROPE

CONTRARIAN

Kleinwort Benson CIO discusses where investors are really putting their money and reveals the equity markets he is backing this year.

Credit rating agency Standard & Poor's has warned of the continuing negative outlook for the UK economy, but reaffirmed its triple A rating for the country.

INDIA

It is hard not to feel ever so slightly sorry for the pointy heads over at the Bank of England as they contemplate what to do next about the various quantitative easing programmes, including the Funding for Lending scheme.

The pool of government bonds rated AAA by the three main rating agencies has shrunk by more than 60% since the financial crisis, according to new analysis.

Ratings agency Moody's has downgraded the credit rating of McGraw-Hill, the parent of the world's largest ratings company, rival Standard and Poor's.

In its first ever federal enforcement action against a credit rating agency related to the financial crisis, the US government has filed a lawsuit against Standard & Poor's for allegedly rigging mortgage bond rates.