News

The FTSE 100 looks set to replicate the falls seen in Asian markets overnight as weak manufacturing data from China dragged on shares and sent metal prices downwards.

Spanish borrowing costs have fallen sharply at the country's latest debt auction, with demand also strong, after the European Central Bank (ECB) acted to tackle the funding crisis.

The FSA has fined an advisory business £58,300 for advising its clients to invest in high risk products which were "clearly" unsuitable.

Investment Week is proud to announce our second Channel Islands Investment Summit of the year which is taking place on Tuesday, October 9 at The Royal Yacht Hotel, Jersey.

Goldman Sachs chief executive Lloyd Blankfein has launched a scathing attack on the US government's austerity program, arguing growth will derail significantly once the Bush-era tax cuts expire in January.

Franklin Templeton Investments has bought a majority stake in hedge fund firm K2 Advisors Holdings (K2), expanding its alternative investments and multi-asset propositions.

Bill Gates has been named the wealthiest American for the 19th year in a row, according to Forbes' rich list.

Kevin Addison has joined US fund of funds provider SEI as managing director of UK asset management distribution.

MAM Funds' Martin Gray is eyeing developed market government bonds with a view to reinvesting in the asset class, after taking profits over the summer.

China should attack the Japanese bond markets and cause a full-scale funding crisis, unless the latter nation reverses a decision to nationalise the Senkaku/Diaoyu islands, a senior advisor to the Chinese government said.