Global

Lena Tsymbaluk of Morningstar OBSR reveals seven ways to access the emerging markets space.

Fidelity's legendary fund manager Anthony Bolton has admitted his China Special Situations trust is 'not where I had hoped to be' after the NAV fell 18.5% for the year ended 31 March 2012.

A €100bn deal to shore up Spain's banking sector has boosted the euro and financial markets.

The Chancellor, George Osborne, is taking legal action against the EU over plans to give a pan-European superviser far-reaching powers to ban or limit the short-selling of financial products, the Financial Times reports.

The British Chamber of Commerce (BCC) has revised down its forecast for economic growth this year, from 0.6% to 0.1%

AFRICA

Furious Greek citizens have attacked Christine Lagarde, head of the International Monetary Fund (IMF), after she accused some of "trying to escape tax."

Uncertainty in the eurozone will remain "for the next few years" and continue to act as a drag on the UK economy, Bank of England (BoE) policymaker Spencer Dale has been quoted as saying.

Citigroup's top economist Michael Saunders has forecast Greece will exit Europe's single currency on 1 January 2013, and its new currency will immediately depreciate by 60%.

The worse-than-expected decline in UK GDP is likely to spur the Bank of England into injecting another £50bn into the economy next month, said Henderson's Simon Ward.