The Indian rupee has plummeted to a record low as the soaring oil price and internal economic problems continue to derail growth.
The Indian currency plunged 3.7% in a single day, its largest one-day percentage fall in 18 years, to as low as 68.7 rupees per dollar. The currency is headed for its worst annual loss since a balance...
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
To remain as consultant to firm
Ex-pensions minister sounds stern warning
Combined business will have £11.2bn AUM