A Central Bank plan to improve oversight of one of the global fund industry's biggest hubs

Central Bank changes fund rules

19 Sep Investment funds based in Ireland will no longer have to hire Irish residents as directors under a Central Bank plan to improve oversight of one of the global fund industry's biggest hubs.

Depressed conditions in Japan over the summer were due partly to poor weather

Japan downgrades economic assessment

19 Sep Japan today downgraded its assessment of the economy for the first time in five months, as a string of weak data hammers hopes for a quick recovery after Tokyo's April sales tax hike.

GlaxoSmithKline fined 3 billion yuan by Chinese authorities

China fines UK drugmaker GSK $489m

19 Sep China has fined British pharmaceuticals giant GlaxoSmithKline 3 billion yuan ($488.8m) for paying out bribes in what is a record penalty for China.

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