The European Central Bank has indicated it will raise interest rates for a second time in four months at next week's meeting.

JP Morgan Asset Management has launched a Japanese absolute return portfolio for fund manager Kaori Tsujino.

Fears the UK government may undershoot its target to cut the budget deficit could threaten the country's credit rating, Moody's has warned.

Ratings agency Moody's is threatening to cut the ratings of 14 British banks including RBS and Lloyds.

The dollar has plummeted to a 16-month low against the euro as markets expect the Federal Reserve to signal it will hold interest rates.

The FTSE 100 remains on track to make gains for the sixth day in a row, with miners powering ahead.

Jason Britton is leaving his role as chief investment officer at T. Bailey after 12 years.

Moody's has downgraded Portugal's government debt two more notches because of "subdued" growth prospects.

Expectations the Bank of England (BoE) and European Central Bank (ECB) will raise interest rates in the second quarter of 2011 have risen dramatically, a new survey of fund managers shows.

Insurance stocks worldwide took a big hit today in anticipation of future payouts following the huge earthquake and tsunami which hit Japan overnight.