Asian markets received a New Year's boost as the US House of Representatives passed a last minute deal to prevent the US falling over the fiscal cliff.
HMRC has released further guidance on the UK's plans to implement the FATCA tax regime, which begins next year.
Dalton Strategic Partnership's Peter Kaye is to join Fidelity to run its £1bn American fund, as current manager Aris Vatis leaves the group.
The year started off well for US investors as its major stock markets hit fresh highs in the first half.
HSBC and Standard Chartered have agreed record settlements over money laundering allegations as the former agrees to pay $1.9bn to US regulators.
Equity markets have been given a boost by the latest monthly jobs figures from the US which show a further fall in the unemployment rate in November.
Royal London Asset Management's Derek Mitchell (pictured) looks at what is driving global stocks, and asks if macro events are combining to create 'the perfect storm' in markets.
The US economy grew 2.7% in the third quarter of the year, a significant upwards revision from the first reading of the data.