News

Shares in the US and across Asia fell overnight as investors fretted over the outlook for global growth, amid weak data from the US.

The average stock in the UK's FTSE 250 index delivered 222% to investors over a turbulent ten years to 2012.

BlackRock has broken its silence over the proposed merger of commodities giant Glencore and miner Xstrata, saying it will back the deal.

Facebook will permanently stop trading of its stock on private secondary markets at the end of this week ahead of its initial public offering in May, the FT reports.

Mike Riddell, bond fund manager at M&G, has warned investors the recovery in the UK is weaker than the one seen after the Great Depression in the 1930s.

GOME Electrical Appliances, one of the top holdings in Anthony Bolton's Fidelity China Special Situations fund as of last month, saw its share price fall 21% overnight after full-year earnings disappointed.

The so-called ‘fear index' is increasingly serving as an indicator of future high yield bond performance, according to Dave Bowen, manager of the $3.5bn Muzinich Short Duration High Yield fund.

This week the Financial Services Authority hit private bank Coutts with an £8.75m fine after it found the bank had failed to operate in a way which prevented money laundering.

Miners are set to rally ‘strongly' in the second half of 2012, according to Barings' Clive Burstow, as Chinese growth will surprise and beat its annual growth target, boosting investor confidence.

Neil Woodford's love of pharmaceutical companies has been well publicised over the past few years, but the income investor has been particularly excited about the prospects of a company using pieces of pig to regrow human tissue.