Money

Cautious investors should wait before they dive into this latest bond sector

Hamish McRae: When the dust settles the global financial system will look very different

Economic Life: If currency holdings were to reflect trade patterns there would be much more significant holdings of the Chinese yuan and the Indian rupee

Japanese join Swiss in push to devalue currency

Japan tamed financial markets and successfully pushed down the value of its currency yesterday, but stalling economic growth in the West and the latest leg of the eurozone crisis suggest that its victory may be shortlived.

FTSE shares hit five-month low

World markets took another hammering today as Europe's debt crisis and worries that the US economy will slip back into recession spooked investors.

South Korea adds to gold reserves

South Korea has bought gold for the first time in over a decade, the country's central bank said yesterday, reflecting the diminishing clout of US dollar and growing concern about inflation across the world economy.

Gulliver says US is still at risk of ratings downgrade

Stuart Gulliver, HSBC's chief executive, yesterday welcomed the deal to raise America's debt ceiling but warned that the US was still at risk of a downgrade from credit ratings agencies.

Time is running out for debt deal, says Obama

With four days remaining until the United States hits its debt limit, US President Barack Obama told deeply divided Republicans and Democrats to stop bickering and find a way "out of this mess."

BP profits lower than anticipated



BP posted lower than expected profits today in a further sign of the pressure on the firm as it looks to reverse its fortunes in the wake of the Gulf of Mexico disaster.

Get your own back on the currency cowboys

Fluctuations in exchange rates are notoriously hard to predict and can leave you out of pocket. Kate Hughes finds out how the experts cope

Fresh blow for banks over US totals

The banking sector suffered another blow today after two of the US's financial giants reported worse than expected profits.

Mohamed Bin Hammam 'refused to provide bank records' to Fifa ethics committee

FIFA member Mohamed Bin Hammam refused to speak to investigators or provide his bank records during the probe into allegations he paid cash gifts to Caribbean football officials, according to a report to FIFA's ethics committee.

The Holiday Crunch: Why you'll have to pack more pounds

Simon Calder reports on how sterling's fall is causing a rise in the price of foreign travel

Hack attack pushes Bitcoin to the brink

Bitcoin, an online currency beloved of libertarians and technophiles, which had been threatening to break into the mainstream, was facing the worst crisis of its two-year existence last night after hackers brought down its biggest exchange.

Times are tough, even at this A-list retreat

Parrot Cay, the superstars' favourite Caribbean island, isn't recession proof. That's good news for the rest of us, says Kate Simon

BP partner pays toward spill claims

BP today clawed back 1.1 billion US dollars (£677 million) from one of its partners on the Deepwater Horizon rig to cover claims related to the Gulf of Mexico oil disaster.

Life and Style
Steve Shaw shows Kate how to get wet behind the ears and how to align her neck
healthSteven Shaw - the 'Buddha of Breaststroke' - applies Alexander Technique to the watery sport
News
A poster by Durham Constabulary
news
Sport
Cameron Jerome
footballCanaries beat Boro to gain promotion to the Premier League
Arts and Entertainment
Performers drink tea at the Glastonbury festival in 2010
music
Arts and Entertainment
Emily McDowell Card that reads:
artCancer survivor Emily McDowell kicks back at the clichés
Sport
footballShirt then goes on sale on Gumtree
Arts and Entertainment
Twin Peaks stars Joan Chen, Michael Ontkean, Kyle Maclachlan and Piper Laurie
tvBadalamenti on board for third series
Life and Style
tech
Sport
Standing room only: the terraces at Villa Park in 1935
football
Sport
Ben Stokes celebrates with his team mates after bowling Brendon McCullum
sportEngland vs New Zealand report
Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine