Turning Japanese

Japan’s politics are unstable (see page 4), the yen is trading at multi-decade lows against most major currencies, long-term government bond yields have soared, and inflation is picking up again. Yet

The good times are rolling again in Tokyo, where the Japanese stock exchange has extended its record rally, fuelled by what UBS calls the “Takaichi trade”, says MarketWatch. But if new PM Sanae Takaic

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Petrofac goes bust: Around 2,000 jobs in Scotland are at risk after North Sea oilfield services group Petrofac filed for administration, says Philip Georgiadis in the Financial Times. The trigger was

The soundtrack to Japanese politics was once “quiet, calm, ambient”, says The Economist. No longer. New prime minister Sanae Takaichi, a one-time heavy-metal drummer, is setting a new beat that is “br