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Carbon credits are the latest asset class being targeted by financial services fraudsters, the Daily Telegraph has reported.

A fine wine hedge fund pitched on BBC programme The Apprentice has been rejected by Lord Alan Sugar for being 'too risky'.

The Bank of England is preparing to inject £50bn into the economy to provide a growth boost, and is also contemplating cutting interest rates, amid fears of a global slump.

The country's major banks are sitting on £40bn of undeclared losses that are stopping them lending to businesses and households, a report has claimed.

The Financial Services Authority (FSA) has warned investors against dealing with clones of Morgan Stanley and Allianz International.

Fidelity Worldwide Investment's global CIO Dominic Rossi said shares will not begin to re-rate until the long-running bull market in commodities ends.

Weak US jobs data has caused panic in global markets and forced US Treasury yields to fall to yet another record low.

Gold slid over 6% last month, making it the biggest May loss for the precious metal since a near 10% fall in 1982.

Investment veteran Jim Rogers has spoken out against the US dollar, describing the perceived safe haven as "terribly flawed".

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