IMF

Hungary has asked the International Monetary Fund (IMF) and the European Union (EU) for financial aid as its debt pile grows and its currency weakens.

The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".

The Chancellor George Osborne has pledged to stop cash from British taxpayers being used to fund the eurozone bailout.

Low valuations and leaner companies mean now is a good time to increase equity holdings.

Why one emerging market behemoth trumps the other

David Cameron said yesterday he is "sympathetic" to the financial services industry, which should not be cast as social "sinners".

Dire data from households and its impact on retailers, strike action talks, heads roll at UBS, and advice from the PM to Britain to reject "can't do sogginess" for the drive of China. Our round-up up of the nationals.

The International Monetary Fund(IMF) has warned of an increased risk of recession from Q3 for the US and to a lesser extent the UK and France.

Emerging Asia's policy flexibility and relatively low debt will see it return to growth before the West, says Thomas Sinclair, manager of the Neptune Asia Pacific fund.

Whilst the president of the European Commission remains upbeat on Europe's economic credentials, the IMF warns of a worrying global downward spiral and RBS faces the prospect of a billion-dollar damages bill. We round up today's papers for you.