News

Sales of Nintendo’s Wii U console have been weaker than expected, leading to slashed profits

Dollar's plunge against the yen halted

THE DOLLAR'S plunge against the yen was halted yesterday as expectations of official intervention in the currency markets climbed to fever pitch.

AROUND THE WORLD'S MARKETS: KUALA LUMPUR

MALAYSIA'S STOCK market became the first victim of yesterday's dramatic surge by the yen. With Tokyo shut for a holiday, the composite index lost 11.31 points or 1.55 per cent to 717.74, its lowest level in more than a month.

Japan Tobacco gift `bid to kill off the elderly'

JAPAN'S BIGGEST cigarette manufacturer has ignited a row over a plan to donate millions of free cigarettes to thousands of nursing homes around the country. Japan Tobacco says the gift is its effort to mark today's national "Respect for the Aged" day.

Bank of Japan undermines yen

JAPAN'S CENTRAL bank successfully intervened in the currency markets yesterday to undermine the value of the yen following its 2 per cent surge on Thursday.

Yen surges to three-year high against US dollar

THE YEN surged to a three-year high against the dollar on news that the Japanese economy achieved unexpectedly strong growth over the summer.

Dow unnerved by fresh inflationary pressures

WALL STREET fell sharply yesterday after a leaked economic report showed an unexpected surge in prices at the factory gate. The National Association of Purchasing Managers monthly survey showed manufacturing activity expanding in August, with a jump in the prices component of the index to 59.8 from 54.7.

TOKYO MARKET: Signs of recovery boost domestic issues

JAPAN'S benchmark stock average, the Nikkei 225, may climb back above 18,000 this week as signs of economic recovery encourage investors to add domestic, demand-led issues to their portfolios.

US Treasury set to buy back government bonds

THE UNITED STATES announced plans to buy back government bonds yesterday, with the mounting federal budget surplus allowing it to reduce the $3.6 trillion national debt.

Dollar jumps on hint of yen action

THE DOLLAR jumped more than a yen against the Japanese currency yesterday after Kiichi Miyazawa, Japan's finance minister, raised the spectre of joint intervention with the US to prevent the yen strengthening too much on the foreign exchanges. Any joint action would be the first in more than a year.

Dollar and euro jump as Fed caps yen

THE DOLLAR and euro both jumped on the foreign exchanges yesterday after the Federal Reserve Bank of New York intervened to cap the yen. The Bank of Japan confirmed the intervention on its behalf, the latest in a series of moves to prevent the yen strengthening enough to threaten Japan's hopes of economic recovery.

Outlook: Wall Street threatens Japanese dawn

THOSE THAT recommended caution on equity markets this year, which unfortunately includes this column, have so far been proved dramatically incorrect. This is shaping up to be one of the best-ever bull years for worldwide equities. From the big daddy of Wall Street down to the minnows of Morocco and Mongolia, it is a year of unparalleled optimism. Even in Europe, whose stock markets are among the laggards so far, we've seen a rise in leading stock values of around 15 per cent on average.

BoJ intervenes to stop yen rising

THE BANK of Japan stepped up its intervention in the currency markets to keep the yen from rising, after a survey yesterday showed an improvement in business confidence.

ECB in first forex market intervention

THE EUROPEAN Central Bank intervened on the foreign exchanges in a surprise move ahead of the Group of Eight summit in Cologne yesterday, selling yen for euros on behalf of the Bank of Japan.

Japan tackles rising unemployment

JAPANESE ministers yesterday indicated there would be an extra budget to tackle rising unemployment.
News
scienceExcitement from alien hunters at 'evidence' of extraterrestrial life
Life and Style
Customers can get their caffeine fix on the move
food + drink
Arts and Entertainment
Actors front row from left, Jared Leto, Jennifer Lawrence, Meryl Streep, Ellen DeGeneres, Bradley Cooper, Peter Nyongío Jr., and, second row, from left, Channing Tatum, Julia Roberts, Kevin Spacey, Brad Pitt, Lupita Nyongío and Angelina Jolie as they pose for a
film
Sport
sport
Sport
David Moyes gets soaked
sport Moyes becomes latest manager to take part in the ALS challenge
Life and Style
techCould new invention save millions in healthcare bills?
News
peopleEnglishman managed quintessential Hollywood restaurant Chasen's
Life and Style
food + drinkHarrods launches gourmet food qualification for staff
Arts and Entertainment
Michael Flatley prepares to bid farewell to the West End stage
danceMichael Flatley hits West End for last time alongside Team GB World champion Alice Upcott
News
Members and supporters of the lesbian, gay, bisexual, transgender (LGBT) community walk with a rainbow flag during a rally in July
i100
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
Air strikes? Talk of God? Obama is following the jihadists’ script

Air strikes? Talk of God? Obama is following the jihadists’ script

The President came the nearest he has come yet to rivalling George W Bush’s gormless reaction to 9/11 , says Robert Fisk
Ebola outbreak: Billy Graham’s son declares righteous war on the virus

Billy Graham’s son declares righteous war on Ebola

A Christian charity’s efforts to save missionaries trapped in Africa by the crisis have been justifiably praised. But doubts remain about its evangelical motives
Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC

Not even Jeremy Clarkson is bigger than the BBC, says TV boss

Corporation’s head of television confirms ‘Top Gear’ host was warned about racist language
Nick Clegg the movie: Channel 4 to air Coalition drama showing Lib Dem leader's rise

Nick Clegg the movie

Channel 4 to air Coalition drama showing Lib Dem leader's rise
Philip Larkin: Misogynist, racist, miserable? Or caring, playful man who lived for others?

Philip Larkin: What will survive of him?

Larkin's reputation has taken a knocking. But a new book by James Booth argues that the poet was affectionate, witty, entertaining and kind, as hitherto unseen letters, sketches and 'selfies' reveal
Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?

Waxing lyrical

Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?
Texas forensic astronomer finally pinpoints the exact birth of impressionism

Revealed (to the minute)

The precise time when impressionism was born
From slow-roasted to sugar-cured: how to make the most of the British tomato season

Make the most of British tomatoes

The British crop is at its tastiest and most abundant. Sudi Pigott shares her favourite recipes
10 best men's skincare products

Face it: 10 best men's skincare products

Oscar Quine cleanses, tones and moisturises to find skin-savers blokes will be proud to display on the bathroom shelf
Malky Mackay allegations: Malky Mackay, Iain Moody and another grim day for English football

Mackay, Moody and another grim day for English football

The latest shocking claims do nothing to dispel the image that some in the game on these shores exist in a time warp, laments Sam Wallace
La Liga analysis: Will Barcelona's hopes go out of the window?

Will Barcelona's hopes go out of the window?

Pete Jenson starts his preview of the Spanish season, which begins on Saturday, by explaining how Fifa’s transfer ban will affect the Catalans