According to Standard & Poor, the value of the global stock markets fell by US$3 trillion in June. The first half of 2008 has been rather bleak for global markets; the credit crunch, falling stock markets, inflation and political woes have shaken investors.

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For wealth-watchers everywhere two of the more prominent productions are the Capgemini Merrill Lynch World Wealth Report and The Boston Consultancy Group’s annual wealth reviews.

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The Fed's unexpected 5obp cut ini the primary credit discount rate on 17 August 2007 helped a 2.5% daily rally in the S&P 500.

You may or may not be Asian, British or American, but three spots of news from those parts are relevant to all MoneyMatters readers.

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