News

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

Nintendo and Sony shares surge at rumours of China console ban reversal

The official China Daily newspaper quotes an unnamed source from the Ministry of Culture as saying 'We are reviewing the policy...'

More stimulus for ailing economy

Japan's central bank has pumped an extra ¥10 trillion (£73bn) into its spluttering economy as policymakers pledged to review the nation's inflation target in the wake of Shinzo Abe's landslide election victory.

Former chief Woodford attacks Olympus financing plan

Olympus' former chief executive Michael Woodford yesterday dismissed as "desperate" reports that the board which ousted him is now considering tapping rival firms such as Sony and Fujifilm to raise as much as $1.3bn (£830m) in new capital.

Asian stock markets fall over EU fears

Asian stock markets fell today as criticism by ratings agencies sparked scepticism about a historic European Union plan to fix a massive debt crisis by binding member economies closer together.

Asian stocks hit by European crisis

Setbacks in Europe's efforts to isolate a debt crisis before it blows up into an all-out recession sent Asian stock markets tumbling today.

Silvio Berlusconi rumours cheer markets

The prospect of Italian premier Silvio Berlusconi stepping down teased investors back to the market today although concerns remain over his country's increasingly fragile finances.

Growth boost fails to dispel gloom

Better-than-expected UK growth figures were today overshadowed by a manufacturing slump and grim predictions the economy could yet collapse back into recession.

Tokyo curbs record-high yen

The yen dropped to a three-month low against the dollar yesterday after Japan intervened in the market to curb its currency's rise.

Fukushima shutdown may take 30 years

A Japanese government panel says it will take at least 30 years to safely close the tsunami-damaged Fukushima Dai-ichi nuclear power plant, even though the facility is leaking far less radiation than before and is considered relatively stable.

WPP cuts forecasts but 2012 prospects 'not dire'

WPP yesterday cut its growth forecasts for the full year as pressure in the US and at its market research business caused revenues to slow in the three months to the end of September.

James Moore: Executive pay system is clearly broken, if not bent

One group seemingly immune to the impact of inflation, unemployment, economic stagnation and all the other woes afflicting this country is the men (it's usually men) who sit around the boardroom tables of Britain's biggest public companies. Income Data Services (IDS), which totted up pay, bonuses and various share awards, says FTSE 100 directors pocketed an average 49 per cent rise in the last financial year to bring their annual remuneration to an average £2.7m. Chief executives made do with a 43 per cent rise, poor lambs.

'Greedy' FTSE directors enjoy 49% pay rise...

The directors of Britain's largest companies were last night dubbed "elite greedy pigs" for pocketing a 49 per cent pay rise in the past year.

Rebels win pitch battle to give club pause for thought

The bid by Chelsea to buy back the freehold of Stamford Bridge was defeated at a stormy meeting yesterday in which the club's supporters angrily rejected the proposal endorsed by owner Roman Abramovich with a sufficiently large proportion of "No" votes.

Chelsea fans from all walks of life... but united in anger

There was a man who watched his first game at Stamford Bridge in 1942. There was a woman who defied her Tottenham Hotspur-supporting father to follow Chelsea in the 1970s. There was a Chelsea-supporting QC who used words like "farrago" with accomplished ease, and knew his way around company law. There was a well-spoken man called Charles who said he felt "alienated" by the behaviour of the Chelsea board.

CPO rebels win pitch battle to give club pause for thought

Supporters' 'No' campaign prevails after tense vote at Stamford Bridge
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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness
Homeless Veterans appeal: Homeless in Wales can find inspiration from Daniel’s story

Homeless Veterans appeal

Homeless in Wales can find inspiration from Daniel’s story
Front National family feud? Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks

Front National family feud?

Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks
Pot of gold: tasting the world’s most expensive tea

Pot of gold

Tasting the world’s most expensive tea
10 best wildlife-watching experiences: From hen harriers to porpoises

From hen harriers to porpoises: 10 best wildlife-watching experiences

While many of Britain's birds have flown south for the winter, it's still a great time to get outside for a spot of twitching
Nick Easter: 'I don’t want just to hold tackle bags, I want to be out there'

'I don’t want just to hold tackle bags, I want to be out there'

Nick Easter targeting World Cup place after England recall
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore