MoneyWeek

Stand too close to an Impressionist painting and the brushstrokes become overwhelming. Step back, and once you have dug someone’s selfie-stick out of your ribs, you will see the overall picture. Dealing with the financial news is similar. Daily marke

“I really feel that India is at a tipping point,” says Apple’s CEO Tim Cook. “There are a lot of people coming into the middle class... the dynamism in the market. The vibrancy is unbelievable.” Apple’s CEO isn’t the only corporate leader feeling ent

“The great post-Covid inflation scare appears” to have entered “its final stage”, says Isabelle Lee on Bloomberg. In America, at least. Annual US consumer-price inflation fell to 4% in May, the lowest reading since March 2021 and down from 4.9% the p

“Mexican stocks are on fire,” says Alex Harring on CNBC. The benchmark IPC stock index has gained 13% since 1 January and 65% since March 2020. The rally has added roughly $220bn to the value of the Mexican market over the last three years, says Bloo

US president Joe Biden has reignited tensions with China in the wake of US secretary of state Antony Blinken’s visit by referring to Xi Jinping as a “dictator” while talking about Xi’s embarrassment after an alleged Chinese spy balloon was blown off

Germany powers up: US semiconductor giant Intel will spend around €30bn to develop two chip-making facilities in Magdeburg in return for state subsidies worth almost €10bn, up from the €6.8bn Germany had originally offered and subject to European Com

The first pilot programme trialling a universal basic income (UBI) in England has been announced, run by the thinktank Autonomy. During the scheme, lucky participants will be given £1,600 every month for two years, with no strings attached on what th

“The legend of the Opium Wars is inescapable in modern China”, says Aaron Sarin. Official propaganda is obsessed by the “humiliation” of the two wars the country fought against Britain and other Western powers in the 19th century over the drug trade.

Investment trusts are fascinating vehicles. While there are different versions of these investment companies in other countries, London’s collection of investment trusts is the largest and most diverse in the world. In the most basic sense, investmen

The bears of the US stockmarket are pointing out that the index would be down in the year to date if not for the “MegaCap-8” that accounted for 26.4% of the S&P 500 at the end of May. Excluding these stocks – Alphabet, Amazon, Apple, Meta, Microsoft,

Despite the cost of living squeeze, households are not giving up on a summer break. But if you want to keep your spending under control, it’s not just the price of flights and hotels that are important. Use the wrong card and you could be stung with

When times are tough, powerful organisations are often tempted to throw their weight around in order to protect themselves. Surveys in recent weeks have suggested that small businesses are experiencing exactly that. A third report a significant deter

Silvio Berlusconi, who has died aged 86, often told a joke about his search for a suitable tomb. He’d decided to buy the Church of the Holy Sepulchre in Jerusalem where the body of Jesus was brought after crucifixion. The problem was the $2bn cost. “

“Two decades ago, most of the farmers in the area opposed us. Now, many of them are interested in copying what we do,” said our guide, Tom Forward, as our group strolled along the Sussex savannah. Of course, the idea of rewilding still remains contro

“Induction. Compression. Ignition. Combustion. Exhaust. In most cars, this explosive reaction between fuel, oxygen and electricity is anaesthetised into something spiritless and mundane,” says Tim Pitt in City AM. Not in the Aston Martin DBS 770 Ulti

A Grade II-listed cottage with a garden fronted by a stream with a bridge leading to the village green. It has exposed wall and ceiling timbers, a kitchen with an Aga, and a dining room with an inglenook fireplace. 4 beds, 3 baths, 2 receps, outbuild

Feigning strength when you have weakness, feigning weakness when you have strength – such ploys are very much part of the winning declarer’s armoury. I love the coup pulled off by this week’s declarer, the late Parisian Patrick Sussel (pronounced sou

Among the many curiosities, back eddies, and ironies in finance world is this: equities can go up, even as an economy goes down. Take Zimbabwe, where local investors have driven stocks up 600% this year as they try to shelter from the latest bout of