Economics / Markets

German MPs have voted in favour of increasing the country's commitments to the European Financial Stability Facility as part of an expansion of the bailout fund.

The Dow Jones has ended a three day winning streak, with investor sentiment taking a hit from losses in ‘safe haven' commodities.

Three quarters of Europe's ‘affluent investors' say they have been negatively impacted by the economic instability of the last few years, according to new research.

Markets have broken their three-day rally this morning, forced down by concerns some countries will be forced to take larger writedowns on Greek bonds.

Standard and Poor's (S&P) has revealed it has received notice from the Securities and Exchange Commission (SEC) recommending a lawsuit be brought against it over a mortgage-backed security it rated in 2007.

US markets added to their overnight gains on opening this afternoon, following in the footsteps of European markets which have rallied for the second day running.

A strong hint from the European Central Bank it will cut interest rates next month has buoyed markets in early trading, following sharp gains in the US and Asia overnight.

Japan has said it will consider helping to save Greece as part of a wider bailout plan as it looks to avert a crisis in global growth.

The European Commission is pushing for tough rules that would force the world's biggest accountancy firms to abandon their consultancy businesses and share audit work with smaller rivals.

Nationals round-up: ETFs came under the microscope following the UBS scandal, while downturn-beating funds, retirement income and Halifax's savings accounts also featured.