News

Sterling slipped against the euro today as traders’ fears rose that the US political budget stand-off could take the steam out of the British economy's recovery.

Lager's coming home

PETER YORK ON ADS No 230: CARLSBERG

Under the spotlight: Scottish life investment portfolio

The Product: Scottish Life Secure Investment Portfolio

Toyko Big Bang a damp squib

JAPAN'S keenly anticipated programme of financial deregulation, the so-called "Big Bang", began with a feeble fizz yesterday, with share prices falling amid continuing economic sluggishness.

Budget boost for Nikkei

JAPAN'S ruling Liberal Democratic Party yesterday announced a long-awaited economic stimulus package amounting to 16 trillion yen (pounds 75bn).

International Markets: Tokyo-Government boosts Nikkei

JAPANESE stocks are likely to rise and bonds are expected to fall this week, on signs that Japan's government will shovel money into the economy and the stock market itself to help send the Nikkei index above 18,000 by the end of March.

International Markets Tokyo: Nikkei's see-saw set to continue

Japanese stocks are expected to have a rocky ride next week, while bonds are likely to hold steady as investors wait to see if the government will use public funds to support the financial sector and boost the economy.

Japanese stocks rally despite collapse of country's tenth biggest bank

During a remarkable day in Tokyo yesterday, the stock exchange scored one of its biggest ever gains, just hours after seemingly catastrophic news: the long-awaited collapse of the country's tenth biggest bank. Richard Lloyd Parry reports from Tokyo.

London operations could suffer as plunging Nikkei threatens Japanese institutions

Japan's deepening financial crisis looks set to spread to London as Yamaichi, the country's fourth largest securities house, prepares to close its overseas operations, with the loss of 2,500 jobs. John Willcock reports on fears that a triple weakening of Japanese stocks, bonds and currency this week could trigger a crisis in its overstretched banking system.

Time to take sides

I could make a hobby of collecting jokes about economists. You know the sort. Put four economists together in a room and you will come to five opinions. If all the economists in the world were laid end to end they still wouldn't reach a conclusion. What do you call five hundred economists at the bottom of the ocean? A start. Well, it rather looks as though the economic debate is polarising. And the two sides are inflation and deflation.

Dive in Nikkei leaves Japanese banks in crisis

The crisis threatening Japan's banking system deepened yesterday, with experts predicting the country's government might have to mount a rescue. And as one big American bank reported huge trading losses due to the recent financial market turmoil, Alan Greenspan said the US should be ready to help bail out Asia. Diane Coyle, Economics Editor, reports.

Outlook: Nikko caught up in gangster rap

It was only a matter of time before Nikko was fingered in the escalating financial corruption scandal in Tokyo. It was hardly likely that if Nomura, Yamaichi and Daiwa were bribing extortionists not to smash up their annual meetings Nikko would be any different.

Money talks, but too often it's gibberish

Chrissie Maher, founder of the Plain English Campaign, gives a personal view on the problems of financial product literature

24-hour punt for pin-stripes

City bookmaker IG Index will become Britain's first round-the- clock betting shop when it opens 24 hours a day this Tuesday.

Finance minister warns Nomura of 'severe measures'

Nomura, the world's largest stockbroking house, was yesterday warned by Hiroshi Mitsuzuka, Japan's finance minister, that he would "take severe measures" against the company if investigations into suspected unauthorised trading were confirmed.
Latest stories from i100
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 12 March 2015
No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor