European markets recorded sharp falls in early trading on Thursday after Japan's Nikkei 225 index shed more than 1,100 points on concerns the US Federal Reserve may scale back its quantitative easing programme.
Stocks have room to rise, investors need to diversify across fixed income and seek yield globally and emerging markets deserve another look, is the advice to investors from J.P. Morgan Asset Management.
A man has been arrested for plotting to detonate a bomb in front of the Federal Reserve in New York, following a sting operation conducted by US authorities.
The Federal Reserve has unleashed a third round of quantitative easing (QE) to support the US economy following a wave of poor data and a weakening labour market.
US Federal authorities are reportedly investigating RBS over possible dealings with Iran, the latest case of a UK bank coming under scrutiny from US regulators.
The US Federal Reserve raised concerns about LIBOR as early as 2007 and shared proposals for reform with the UK regulator, according to reports.
The International Monetary Fund has trimmed its US GDP forecasts and warned the nation's economic recovery remains fragile.