MARKETS

China's slowdown is bound to create serious concern among other economies around the world as the country is one of the largest drivers of global growth.

The global business environment these days has been woven in a more complicated interdependency that some volatility from China could jolt or immobilise the stock markets to as far as Sydney, New York and London.

China is scheduled to its key economic data on Friday and any downside surprises in the data are likely to weigh on the commodity currencies, mainly the Australian dollar (AUD).

Like MF Global's Corzine, PFG founder Russell R Wasendorf Sr, was seen as a man of sterling repute and impeccable credentials.

Europe's stock markets rose to two-month highs to kick-off trading for the second half of the year after better-than-expected economic data from Asia and at home helped build on gains from the conclusion of last week's Leaders Summit in Brussels.

The U.S. middle market companies is seen growing this year albeit at a slower pace of 7%. This was the result of a survey conducted on the U.S. middle market industry by the National Center for the Middle Market (NCMM) in a project collaboration with the Ohio National State University's Fischer College of Business.

Shares in British banks took a dive on the FTSE 100 in morning trading a day after the Libor rate fixing scandal involving Barclays broke.

Expensive computer glitches that affected millions of customers and left companies red-faced and out of pocket.

Shares in British banks were up on the FTSE 100 in afternoon trading, despite a report that Barclays will be paying a £128 million penalty as a result of an investigation by the US Commodity Futures Trading Commission.

The $65bn merger between commodities trader Glencore and miner Xstrata is on the verge of collapse.

Shares in RBS were down on the FTSE 100 in afternoon trading as the group continued to face criticism for a computer glitch that left customers of its Natwest division unable to make transactions.

European stocks fell for a third day after a sale of short-term Spanish debt exposed the highest borrowing costs so far this year for Europe’s fourth-largest economy.

Banks responded strongly to Moody's analysis, saying the ratings are backward looking.

Rating's agency Moody's has downgraded 15 of the world's top banks, including three British banks, Barclays, RBS and HSBC. Lloyds also had its ratings cut by Moody's in a separate announcement.

Though Israeli Arabs enjoy full citizenship rights, their representation in Israel's housing and job sectors is low.

Moody’s has revealed a key beacon for growth in Asia, according to its latest report.

Japan's Nikkei, Hong Kong's Hang Seng, South Korea's Kospi and China's Shanghai Composite all edged up.

‘London Whale’ losses prompts risk management questions.

All eyes turn towards OPEC this week, when the 12 strong member group will form a contingency plan on how halt tumbling oil prices.

IEA, ETP 2012 builds on the IEA's Tracking Clean Energy Progress report, issued in April.

The MSCI Asia Pacific index, Hong Kong's Hang Seng and China's Shanghai Composite index all witnessed rises.

IEA Executive Director Maria van der Hoeven says the technology and the know-how exist for unconventional gas to be produced in an environmentally acceptable way.

A report by the activist group Greenomics finds that the palm oil company PT SMART has been honouring its commitment to avoid conversion of high carbon forests in Indonesian Borneo.

China will become the third-largest gas importer behind Europe and Asia Oceania, driving a 2.7% average annual growth in global gas demand through 2017.

Spain has sold two point seven billion euros worth of bonds, in one of the most highly anticipated auctions of the year.

Emergency G7 talks on eurozone crisis gives a ray of hope for global markets.

Annual contest to find best-performing automated trading robot under way with $80,000 prize.

New version allows trading and analysis on the go in forex markets.

Gina Rinehart, an Australian mining tycoon has leap-frogged Walmart heiress Christy Walton as the world's richest woman with a daily income of £32m.