A specialist trader looks at his screen on the floor of the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

Sell on the bounce Market sentiment may be awful but investors are not yet “max bearish”, indicating any bounces should be sold. So says Merrill Lync(...)

Taoiseach  Enda Kenny. File photograph: Colin Keegan/Collins Dublin

Fine Gael has decided to use the Conservative’s recent campaign theme “Keep the Recovery Going” as its main slogan for next month’s election. The phra(...)

A 36.6-metre (120-foot) tall gold-colored statue of former Chinese leader Mao Zedong is surrounded by farmland in Tongxu County in central China’s Henan province. According to Chinese state media, businessmen and local villagers contributed nearly 3 million yuan ($457,000) to build the cement statue. Photograph: Chinatopix via AP
Planet Business

Image of the week: The Golden Mao It’s not every day that a 36.6m (120 ft) gold-painted figure of a man gets erected in the middle of farmland in c(...)

Federal Reserve chair Janet Yellen: some claim the Federal Reserve increased interest rates prematurely last month. Photograph: Saul Loeb/AFP/Getty Images

Bad news from the world’s biggest economies and growing tensions in the Middle East sent global stock markets tumbling on the first day of 2016 tradin(...)

Central bankers around the world including the Fed’s Janet Yellen (pictured) are trying to reach an annual inflation target of 2 per cent. (Photograph: Michael Nagle/Bloomberg)

Monty Bennett hasn’t seen anything quite like today’s stubbornly low inflation in his long career as a hotelier. Occupancy at the Ashford Group of Co(...)

US Federal Reserve chair Janet Yellen has indicated that rate rises will be ‘gradual’. Photograph: Reuters

The US Federal Reserve will raise interest rates again in the next three months, according to two-thirds of economists polled by Reuters, although man(...)

There can be no guarantee that Janet Yellen has made the right move. Photograph: Bloomberg

Janet Yellen is many things: an economist, a regulator, the chief administrator of a sprawling government agency. Her decision to raise interest rates(...)

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York. Photograph: Lucas Jackson/Reuters

World stock markets jumped on Thursday as investors chose to take the first hike in US interest rates since 2006 as a mark of confidence in the world’(...)

Traders work on the floor of the New York Stock Exchange. The Dow Jones industrial average was up 15.9 points, or 0.09 percent, at 17,540.81 in morning trading; the S&P 500 was up 4.66 points, or 0.23 per cent, at 2,048.07 and the Nasdaq Composite index was up 10.36 points, or 0.21 per cent, at 5,005.72. Photograph: Brendan McDermid/Reuters

Wall Street pared gains as oil prices tumbled on Wednesday ahead of a widely expected interest rate hike by the Federal Reserve later in the day. Ene(...)

Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in US interest rates in almost a decade.

Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in US interest rates (...)