US

The International Monetary Fund (IMF) is expected to release a gloomier picture of the world economy this week, by trimming its forecast for global growth this year by 0.1%.

The dollar bear market witnessed over the past ten years is finally over, according to Fidelity's chief investment officer Dominic Rossi.

James Burns, head of the multi-manager desk at Smith & Williamson, said he sees investment opportunities in Europe, Japan and the United States (US).

Financial administration service provider, Vistra, is to open an office in San Francisco.

Investors who go it alone will have to dedicate ten hours a week to managing their portfolio in order to beat inflation, according to one external asset manager.

Asian shares took a breather on Wednesday, struggling for traction as some investors locked in profits from the markets' recent rally while a bit of yen strength capped the upside for Japanese stocks.

Billionaire Wall Street hedge fund titan John Paulson is reportedly planning to move to Caribbean island Puerto Rico to cut his tax bill.

FIVE THINGS

The global economic recovery will slow this year unless the US averts $85bn (£56bn) in spending cuts that start today, the International Monetary Fund has said.

In the latest Big Debate, our panelists from Eaton Vance and The Washington Update discussed the US.