GSK’s pain from scandal likely to linger

Guilty verdict may be just the start of its woes

Alibaba’s IPO banks split $250m fee pool

Group drives hard bargain with 1% payment on up to $25bn raised

Iron Ore

Iron ore sinks to fresh 5-year low

Nagging concerns about Chinese demand weighs on price

Syrian Kurds flee to Turkey

Country opens border a day after Isis seizes 24 villages in the region

GSK in China: doctor’s orders

Near $500m fine means business practices must change

Mexico’s oil hedging deal exposed

Public disclosure of large options trade sets oil traders talking

Evraz to spin off North American business

Russian steelmaker seeks to pay down pre-crisis debt

China luxury: diamonds in the rough

For luxury companies, the country is a curate’s egg

IMF warns of emerging markets slowdown

Deceleration seen to threaten the future of the global economy

GSK to pay £297m fine for Chinese bribes

Former head of China unit given suspended sentence

Timeline: GSK’s mounting woes in China

High-profile investigation alleged bribery on ‘massive scale’

KBC ends Diamond Bank sale to Yinren

Chinese investor missed deadline for regulatory submissions

Li Na, the next Yao Ming?

China debates how to impose carbon caps

China nappy brands absorb local demand

Mainland companies exploit local knowhow and speed to market

Alibaba prices shares in IPO at $68

Record-setting float will raise $21.8bn

S&P 500 hits record high after Fed update

Sterling jumps ahead of Scottish poll result

Emerging markets brace for a bumpy ride

The increasing role of asset managers is a striking – and risky – change in the credit ecosystem

Chinese demand for gold slumps

For or against Isis, Iran must choose

Tehran will show its true colours in its actions on the caliphate

Three new “engines of growth” to watch in China

The plan to spread wealth of coastal cities into poorer interior regions

European ‘peace dividend’ under pressure

Dollar rises sharply after Fed statement

Treasury yields and US stocks move higher

South Africa joins sukuk bond rush

$500m sale more than four times subscribed

Guest post: why Canada should give military assistance to Ukraine

Funds and ETFs magnify EM volatility

Large price swings can be driven by small shifts in sentiment

Russia targets western businesses

Moscow reacts to sanctions imposed by US and EU

Fraga offers Brazil an orthodox path

Ex-central bank president promises market solutions

Brazil’s central bank and OECD agree: outlook is dismal

Brazil stock index jumps on presidential poll

Australia and Singapore sign data pact

Colombia’s economy slowed but still outshines LatAm

Colombia and the Piketty tax

Rate-recoil prompts another EM sell-off

G20 split over review of financial rules

Banks have called for appraisal of the side-effects of regulation

‘Maritime silk road’ a boon for Sri Lanka

South Asian island benefits from ever closer ties with China

Coffee experts fear for Brazil harvest

Traders seek to discover impact of unprecedented drought

Guest post: China’s state enterprise reform could strengthen state

Oil battle fuels Africa’s lengthy conflict

EM equities: bear run here to stay?

The FTSE Emerging Market index is heading for its longest sustained losing streak since September 2001, reports Fast FT