Global stocks are continuing to surge today on expectations the ECB will step up its government bond purchases to ease pressure on the ailing eurozone.

Portugal has successfully issued €500m of short-dated government bonds, but at a higher yield than its previous auction.

The independent Office for Budget Responsibility (OBR) has raised its estimate for economic growth this year to 1.8% from 1.2%.

J.P. Morgan, BlackRock and Neptune are among the five groups recognised as leaders in the fund management field at this year's Gold Standard Awards.

The FSA today said in its long-awaited consultation paper platforms can continue to receive rebates from fund managers.

Prime Minster David Cameron has warned China it must correct its trade imbalance amid concern the country is deliberately devaluing its currency to boost exports.

Global emerging market (GEM) funds are increasing in popularity as less risk-averse investors seek higher returns, suggests the latest monthly figures from Cofunds.

Towry head of marketing Peter Foster says the wealth manager might not launch its IPO for another 18 months and has disputed an estimate valuing the firm at £500m.

The FSA has been warned new commodities ETFs launched by investment banks pose a danger to the metal markets.

Chancellor George Osborne has announced the 2011 Budget will be held on 23 March.