Royal Bank of Scotland may face further legal action over a £12bn rights issue.

Wall Street advanced for a second session in a row today as investors placed bets that the Federal Reserve would not indicate that it is leaning toward a US interest rate hike.

Stocks barely budged today, ending narrowly mixed after yields on the 30-year Treasury note briefly hit 5% and investors grew skittish a day ahead of the Federal Reserve's first meeting of the year.

THE British FTSE 100 Index yesterday rose to a five-year high. Corus Group Plc led gains after it agreed to sell most of its aluminum unit and reported better-than- expected profit.

THE Irish Stock Exchange entered record-breaking territory yesterday as the benchmark ISEQ index set a new all-time high and added over €1 billion to its value.