News

At least five people have been killed in an explosion at a chemical factory in central Japan, according to news reports.

Mitsubishi closes $9bn investment in Morgan Stanley

Mitsubishi UFJ said today it bought a stake in beaten-down Morgan Stanley, as the US government reportedly offered to support the Japanese bank's investment.

Aberdeen makes push into Japan with Mitsubishi tie-up

Aberdeen Asset Management has targeted Japan in a bid to boost returns, sealing a tie-up with THE financial services firm Mitsubishi UFJ Financial Group, which has bought an almost 10 per cent stake in the UK group.

Wall St capitulation marks end of an era

Goldman Sachs and Morgan Stanley have ripped up the traditional business model of investment banking and – in a desperate bid to survive – submitted themselves to new regulations and restrictions that put an end to the excesses of swashbuckling trading on Wall Street.

Penguins and golf in Burma's hidden capital

A year ago this week, Burma saw its biggest uprising in decades when Buddhist monks and thousands of civilians poured onto the streets of Rangoon and Mandalay. But as the world watched, the targets of their fury were nowhere to be seen. The generals who rule Burma had relocated hundreds of miles to the north to a new purpose-built capital city designed to be impervious to protest or invasion.

Bank of Japan injects cash into flailing markets

Japan's central bank today injected a total of 2.5 trillion yen (US $24 billion) into money markets and issued a statement vowing to take measures to maintain stability in the country's financial markets.

CPS rules out Terry Lloyd prosecution

There is insufficient evidence to bring a prosecution over the death of ITN journalist Terry Lloyd, the Crown Prosecution Service said today.

Mitsubishi Evo X

This updated Mitsubishi might be a better car, but the oomph which made the previous model fun to drive has been designed out

Driver killed as chased car flips over

A driver died when his car was hit by a stolen vehicle which flipped over a motorway central reservation as traffic officers tried to stop it, police said today.

Mitsubishi Lancer Sportback Ralliart

Misubishi will need to further fine-tune its Lancer Sportback Ralliart if it ever hopes to give the Golf GTI a run for its money

Nissan GT-R

Wanna go faster? No problem: Nissan's GT-R made a lap round the notorious track at the Nürburgring look absurdly easy

Mitsubishi Lancer 2.0Di-D

It seems the penny has finally dropped as Mitsubishi prepares to stick it to the opposition with its new saloon car, the Evo X

Gold hits $1,000 as recession fears grow

US retail sales and jobless data shock markets; Falling dollar pushes gold and oil to record highs

Laughing in a Foreign Language, Hayward Gallery, London

When you're outside it, the joke is no laughing matter: Humour is lost in translation at this show: for gags, stick to 'The Simpsons'

Kent police shoot man dead

Firearms officers shot a man dead in a Kent village yesterday after reports that he was armed with a gun.

Leading article: Ho ho ho!

Poor old Santa Claus. He just can't seem to do anything right these days. In Berlin, he stands accused of National Socialist sympathies, after shoppers detected a stiff-armed salute in some miniature wooden statues on sale. Meanwhile he is lambasted by health campaigners for his long-standing advertising contract with Coca-Cola.

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Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Homeless Veterans appeal: Former soldiers pay their respects to a friend who also served

Homeless Veterans appeal

Former soldiers pay their respects to a friend who also served
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?