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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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Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

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Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture
Jennifer Saunders and Kate Moss join David Walliams on set for TV adaptation of The Boy in the Dress

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La Famille Bélier is being touted as this year's Amelie - so why are many in the deaf community outraged by it?

Deaf community outraged by La Famille Bélier

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Michael Carberry: ‘After such a tough time, I’m not sure I will stay in the game’

Michael Carberry: ‘After such a tough time, I’m not sure I will stay in the game’

The batsman has grown disillusioned after England’s Ashes debacle and allegations linking him to the Pietersen affair
Susie Wolff: A driving force in battle for equality behind the wheel

Susie Wolff: A driving force in battle for equality behind the wheel

The Williams driver has had plenty of doubters, but hopes she will be judged by her ability in the cockpit
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After a year touched by tragedy, Adam Gemili wants to become the sixth Briton to run a sub-10sec 100m
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