Forex Diamond

To err is human; so is the failure to admit it

A NEWSPAPER cannot publish for 174 years without some mistakes. This one has made its share. We thought Britain was safe in the European exchange-rate mechanism just weeks...

Why government-bond yields have been falling again

EVERY year it seems that analysts and investors play a ritual game. They begin by asserting that government bonds are terrible value and that, accordingly, this must be...

Chinese companies’ weak record on foreign deals

CONSIDERING the size of China’s economy, it seems inevitable that its firms will eventually play a huge role on the world stage. Yet China Inc’s adventures abroad in...

How retailers are watching shoppers’ emotions

In the mood for buying?FOR eight months up to this April, a French bookstore chain had video in a Paris shop fed to software that scrutinises shoppers’ movements...

A wind pioneer is sceptical about batteries

The way the wind’s blowingONE of Ignacio Galán’s early jobs as an engineer was to design lead-acid batteries for the milk floats that used to trundle around Britain’s...

How sham food became big business in Japan

GUESTS to the factory of Tsuyoshi Iwasaki are presented with a rasher of bacon. The succulent marbled sliver is branded with his name, title and e-mail address—an apt...

Big business sees the promise of clean energy

PITY America’s big businesses. For years their efforts to reduce their carbon footprint were dismissed by environmentalists as “greenwashing”. Now, after months trying to persuade a supposedly pro-business...

Markets struggle to make sense of Britain’s election chaos

UK politicsRead more British election coverageTHERESA MAY decided to call a snap election on a walking holiday in Wales. History will regard it as the most disastrous ramble...

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Infrastructure spending on road project dries up

China giveth, and China taketh away. Across Asia, the world's second-largest economy has financed infrastructure projects as part of its massive, so-called Belt and...