Gold funds hit 2008 level ahead of US Fed action

Holdings of gold in exchange traded funds (ETFs) around the world have fallen back to levels last seen before the global financial crisis in 2008

Emerging market rout turns serious, punctures exuberance in Davos

IMF's deputy-director says the Fund is watching the violent gyrations around the world "very carefully"

Japan's recovery at risk of stalling on 'premature' tax rise fears Nobel economist Stiglitz

Nobel laureate warns that Japan's premier is pursuing a "risky strategy" by raising the consumption tax from 5pc to 8pc in April

IMF warns Fed could worsen markets rout

Christine Lagarde, the IMF’s managing director, said spill-over effects from Fed bond tapering could destabilise vulnerable countries that have failed to rein in imbalances

Crippled eurozone to face fresh debt crisis this year, warns ex-ECB strongman Axel Weber

Ex-Bundesbank head Axel Weber expects fresh market attacks on eurozone this year and economist Kenneth Rogoff says the euro was a "giant historic mistake"