China

China has set the renminbi-dollar exchange rate at its highest level in five years, after announcing it would make its currency more flexible.

Dr. Slim Feriani, CEO of Advance Emerging Capital Limited, reviews the growing appeal of developing markets.

US markets opened strongly today as global stock markets thrive on news China is likely to end its currency peg with the dollar.

Global stock markets are appreciating sharply today on news China is likely to end its currency peg with the US dollar.

George Osborne will announce a bank tax on Tuesday aiming to raise £3bn amid criticism the levy could hit UK competitivenesss.

Anthony Bolton's Fidelity China Special Situations trust has issued a further 11 million shares, primarily to assist trackers wishing to buy the vehicle following its admission to the FTSE 250.

ETF Securities (ETFS) is due to unveil 22 currency exchange-traded commodities (ETCs) on the London Stock Exchange in the coming weeks.

Anthony Bolton's Fidelity China Special Situations investment trust will join the FTSE 250 index on 18 June.

The FTSE has bounced back from a mid-morning dip to end more than a percentage point higher, thanks to strong performances from miners.

Chancellor George Osborne wants a more export driven economy for the UK and plans to look to China to help push forward Britain's economic recovery.