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"The dollar has been exceptionally strong," Ms Lambie said."Also, the issues that we've had in Europe around energy do n...
02/09/2022

"The dollar has been exceptionally strong," Ms Lambie said.

"Also, the issues that we've had in Europe around energy do not have the same impact as the US, and I think economists are fairly agreed that the US will be the last to go into recession if they do go into recession at all, perhaps following the UK and Europe.

he pound's weakness is also a result of a strong dollar, analysts said.The dollar is performing strongly due to US inter...
01/09/2022

he pound's weakness is also a result of a strong dollar, analysts said.

The dollar is performing strongly due to US interest rate rises and because investors see it as a safer bet.

To build the school Mr Terada has secured 2bn yen ($15m; £12m) in donations via a government system called furusato noze...
31/08/2022

To build the school Mr Terada has secured 2bn yen ($15m; £12m) in donations via a government system called furusato nozei or "hometown tax". Under this scheme, mid to high-earning big city dwellers can donate money to a rural region of their choosing in return for a reduction in their income and residency taxes.

Technology stocks such as Apple Inc, Microsoft Corp and Tesla Inc were down between 0.6% and 1.3% in early trading.Inves...
29/08/2022

Technology stocks such as Apple Inc, Microsoft Corp and Tesla Inc were down between 0.6% and 1.3% in early trading.

Investors are concerned that if economic growth falters, higher interest rates will increase the likelihood of a recession.

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