Weak yen boosts equities

“We’ll have a majority [on the Federal Reserve Board] very shortly… People are paying too high an interest rate… We have to get the rates down a little bit,” says Donald Trump. The US president isn’t

Japanese prime minister Shigeru Ishiba has resigned. Investors compounded the humiliation with celebrations. Local shares hit a record high on Tuesday. Ishiba’s 11-month tenure was blighted by elector

Sovereign bond yields are ringing some alarm bells about the UK’s economic and fiscal outlook

Since World War II, the two landmark events in the evolution of money were Bretton Woods in 1944, when the dollar became the de facto global reserve currency, and then the Nixon Shock of 1971, when th

“There is always someone worse off than you,” as Aesop reminded us. That also means there is always someone to feel superior to. In post-war Europe, Italy was the country everyone made fun of, dismiss

This year’s “unusually good run” for beleaguered British shares shows “there is life in the old dog yet”, says Katie Martin in the Financial Times. True, the FTSE 100’s 10% year-to-date gain isn’t sen