Jeremy Warner: Don't count on China to act as the locomotive

Outlook As expected, the big emerging- market economies of Asia are proving more resilient to the global recession than the advanced, industrialised economies of the West and Japan. But can that resilience lift the rest of the world out of its funk? This seems rather less likely.

Jeremy Warner: Pensions make easy target as Treasury gets desperate

Outlook: Don't expect next week's Budget to cast much light on where the spending axe is going to fall to repair the now disastrous state of the public finances. There's an election looming, and whereas the honest thing for political parties to do would be to spell out precisely how they plan to address the problem, enabling voters to take an informed, self-interested approach as to who they might vote for, that's not the way politics works.

Jeremy Warner: In search of housing market green shoots

Outlook Is that more green shoots poking their way through the frozen tundra of Britain's still snowbound housing market? That's what the latest data seems to imply, with mortgage advances slightly up again last month, and, according to the Royal Institution of Chartered Surveyors, new inquiries higher for the fifth consecutive month. More significantly still, says the Rics, the sales-to-stock ratio is up for the fourth month in a row.

Jeremy Warner: Who said investment banking was dead? Not Goldman Sachs

Outlook Reports of investment banking's death seem greatly exaggerated to judge by the latest quarterly results from Goldman Sachs. OK, so the super-charged profits of two or three years back, when investment banking was firing on all cylinders, are gone, but Goldman is once again making good money in many areas of activity – particularly fixed income, currency trading and commodities.

Jeremy Warner: Japan may struggle to afford stimulus

Outlook: Unlike most of Europe, Japan seems to have no scruples about borrowing to spend. In the face of a collapse in exports and industrial production, the Japanese Prime Minister, Taro Aso, yesterday announced a fiscal stimulus package worth a massive 15.4trillion yen (£105bn), equal to 3 per cent of national income. If ever there was a country which has come to abide by the Keynesian principle of look after the short term and the long term will take care of itself, it is Japan.

Jeremy Warner: Bank break-ups may be good for shareholder value

Outlook: If an incoming Conservative government does decide to push the button and break up the banks, as suggested by the shadow Chancellor, George Osborne, in a speech this week, Royal Bank of Scotland has just the man to perform the necessary surgery. Sir Philip Hampton, parachuted in by the Government as chairman when the taxpayer was forced to take control, earned his reputation as a star finance director, first by breaking up British Gas and then later British Telecom.

Jeremy Warner: The Barclays money-go-round

Outlook: From the sublime to the ridiculous. Barclays has helped to shore up wafer-thin capital ratios by selling its successful iShares asset management business to CVC Capital Partners for $4.4bn. This all sounds fine and dandy until it is pointed out that Barclays is lending CVC 70 per cent of the money it needs to make the purchase.

Jeremy Warner: Confusion over deposit insurance

Outlook Yesterday's proposal from the Financial Services Authority to guarantee sums of up to £500,000 under the deposit compensation scheme so as to cover life- changing events such as the sale of a house looks sensible enough, but it is for the time being also completely irrelevant.

Jeremy Warner: Has the tide turned for M&S? Dividend decision will tell it all

Outlook Once the City's pin-up boy, Sir Stuart Rose, chairman and chief executive of Marks & Spencer, has had his fair share of brickbats since the downturn on the high street first started to bite a year and a half ago. Might yesterday, when the group was able to announce that it had been swimming against the recessionary tide rather more strongly than anyone thought, have marked a turning point in his fortunes?

News
Amazon have just launched their new streaming service in the UK
Jeff Bezos says his Prime Music service is 'the best bargain in the history of shopping'. Ian Burrell wonders whether British listeners will agree
News
Autumn is a magical time of year here in London. However; once the clocks go back one hour in late October, getting up for work in the mornings will become an increasingly dark and cold affair, whilst the days become brief.
The UK is still behind the US and China
News
Apple has accumulated piles of cash – how should it spend it?
The Bank of England’s chief economist is the latest to warn that companies’ dividend payouts are too high while investment is too low. Ben Chu reports
Voices
On a high: the 24-arch Ribblehead Viaduct symbolises this scenic railway
Ideology can contribute nothing to debates about privatisation
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The stresses of modern life are thought to have created
These are the UK companies with the best work-life balance
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Cans of fizzy drinks
Coca-Cola said that global sales of Diet Coke fell 7% on the same quarter last year
News
Visitors shop around Samsung's smart-phones at a shopping mall in Seoul, South Korea
Investors fear that the smartphone market might be reaching its limit
News
Losing its shine? The precious metal has previously been a good bet in turbulent times
Five tonnes of gold were dumped on the Shanghai exchange yesterday, pushing the price to its lowest since 2010. Has this safe haven had its day? Russell Lynch reports
News
A pro-Euro protester holds an umbrella with the European Union symbol during a rally in front of the parliament building in Athens
The euro is a capricious god, meting out punishment to sinners and saints alike, writes Matt O'Brien
News
A Greek protester casts German leader Angela Merkel in the role of villain. Neither side is blameless
Ben Chu on why there are times when only statistics will do
News
While Iran still has vast reserves, some fields will need Western technology to fully exploit resources
With prices falling and equipment issues raised, post-sanctions investment might be risky. But Tom Bawden finds it may prove irresistible...
Life and Style
There aren’t 3D holograms in shops yet, but the sort of targeted advertising demonstrated in Minority Report is possible today, and Apple Pay’s spending profiles could help it to happen
As Apple's new mobile-based payment system launches in the UK, questions remain over security and privacy, as it can collect a detailed profile of its users’ shopping habits. Jamie Nimmo reports on the new contactless technology
News
Beside the seaside: A glorious vista missed
A strong pound, tight visa restrictions and poor accessibility are causing money-spending tourists to skip the UK, writes Joanna Bourke
News
George Osborne holds up the red briefcase outside No 11 Downing Street
The Chancellor has loosened the squeeze on day-to-day Whitehall spending - but why? Ben Chu explains
News
Investors use computers to trade stocks at a brokerage office in Beijing
Beijing is getting desperate as its stock markets continue to plummet. Ben Chu looks at the unique conditions behind the 'Great Fall of China' headlines
News
Tour operators Thomas Cook and Tui have cut forecasts for this year
Travel companies may be feeling the pinch as Aegean holidays dwindle, but car sales are buoyant, says Jamie Nimmo
Voices
Polonius in ‘Hamlet’ counselled against debt
'Neither a borrower nor a lender be,' burbled Shakespeare’s Polonius. Ben Chu says it’s worth asking: Why do we borrow?
News
Sir Richard Branson, founder of the Virgin empire

Jim Armitage says that while it may sound good the $500m project has many pitfalls

News
The Chinese way: many investors haven’t completed high school

Shanghai Duolun Industry, a Chinese real estate company, managed to win over investors with a little re-branding in May. Ana Swanson reports.

News
Quindell deals in insurance claims but now faces its own sink or swim situation
The insurance claim outsourcer – the one-time darling of AIM – has shares suspended as new inquiry begins. Jamie Nimmo reports on an extraordinary fall from grace
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Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
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Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen
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The drag star on being inspired by Bowie, never fitting in, and saying the first thing that comes into your head
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Satya Nadella: As Windows 10 is launched can he return Microsoft to its former glory?

Satya Nadella: The man to clean up for Windows?

While Microsoft's founders spend their billions, the once-invincible tech company's new boss is trying to save it
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The best swimwear for men

From trunks to shorts, make a splash this summer
Mark Hix recipes: Our chef tries his hand at a spot of summer foraging

Mark Hix goes summer foraging

 A dinner party doesn't have to mean a trip to the supermarket
Ashes 2015: With an audacious flourish, home hero Ian Bell ends all debate

With an audacious flourish, the home hero ends all debate

Ian Bell advances to Trent Bridge next week almost as undroppable as Alastair Cook and Joe Root, a cornerstone of England's new thinking, says Kevin Garside
Aaron Ramsey interview: Wales midfielder determined to be centre of attention for Arsenal this season

Aaron Ramsey interview

Wales midfielder determined to be centre of attention for Arsenal this season
Community Shield: Arsene Wenger needs to strike first blow in rivalry with Jose Mourinho

Community Shield gives Wenger chance to strike first blow in rivalry with Mourinho

As long as the Arsenal manager's run of games without a win over his Chelsea counterpart continues it will continue to dominate the narrative around the two men
The unlikely rise of AFC Bournemouth - and what it says about English life

Unlikely rise of AFC Bournemouth

Bournemouth’s elevation to football’s top tier is one of the most improbable of recent times. But it’s illustrative of deeper and wider changes in English life
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A Very British Coup, part two

New novel in pipeline as Jeremy Corbyn's rise inspires sequel
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Philae lander data show comets could have brought 'building blocks of life' to Earth

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