China's central bank has cut interest rates for the third time in six months as it tries to shore up its slowing economy in the face of low inflation and a cooling property market.
Baillie Gifford's Ian Tabberer, manager of the £475m American fund, has left the firm.
Legal & General is focusing on new areas including lifetime mortgages and equity release in the face of falling individual annuity sales following the pension reforms.
Royal Bank of Scotland (RBS) has set aside extra cash to cover litigation costs, helping drive it to a loss in the first quarter.
Wasps, an English professional rugby union club, has launched what it claims is the first retail bond to be issued by a sports club.
Standard Life has reported strong figures for Q1, driven partly by a boost to its pensions business.
The Conservatives will introduce a law that will guarantee no rises in income tax rates, VAT or national insurance before 2020, the party is to announce.
Barclays has set aside an extra £800m to cover the costs of a probe into foreign exchange rate-rigging, its latest results reveal.