The UK's economy grew at 0.8% between July and September, higher than most economists had expected.

Billionaire investment guru Warren Buffett says it will be a "sad day" when Goldman Sachs unwinds his profitable $5bn position in the banking giant.

Asian insurer AIA raised $17.8bn in its long-awaited IPO this morning, valuing the group at $30.5bn.

The new so-called 'currency vigilantes' hit sterling hard yesterday, on a day when gilt yields dropped to a new record low.

The Chinese economy expanded by 9.6% in the third quarter, a slight drop from 10% in the previous period.

Henderson recorded a £300m net inflow into its retail fund range in Q3, including £100m into its UK domiciled products.

Skandia Investment Group has removed RLAM from management on its £200m Corporate Bond fund, handing control of the vehicle to Fidelity.

The Bank of England was split three ways in its last meeting on interest rates and QE, with two rogue members voting to change the path of monetary policy.

Bank shares in the US dived overnight after a group of investors united to try force Bank of America to repurchase soured mortgages packaged into $47bn of bonds.

Hugh Hendry has hit out at Hargreaves Lansdown for axing his Eclectica Agriculture fund from its Wealth 150 list, labelling the group's reasons for removing the fund as ‘mystifying'.