Economics / Markets

Veteran investor Warren Buffett has told investors Ben Bernanke's interest rate policy has been "brutal" for holders of bonds and punishing to savers.

Japan's main equity market surged to a five-year high on the first day of trading after the country's Golden Week public holiday.

Customer use of mass market advice services remains limited and there is no one 'killer app' for mass market advice, according to a leading research company.

The decision by the European Central Bank (ECB) to cut interest rates is a "positive step" but more pro-growth polices are needed, according to the chief investment officer of Close Brothers Asset Management.

FIVE CHALLENGES CARNEY FACES

The European Central Bank (ECB) has cut interest rates to a new record low amid ongoing fears about the eurozone's economic health.

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BUY NOW, PAY LATER

George Osborne has told the Financial Policy Committee (FPC) to prioritise short-term economic growth while acknowledging the difficulty in managing its dual objectives.