SOME would have it that the recent rise in the oil price is evidence of optimism - a sign that the global economy is getting stronger and that the prospects of recession turning into depression have dimmed.... more
Scandal: Top Wall Street economist, Henry Kaufman, dubbed Dr Doom for his bearish predictions, has emerged as a big loser in the Bernard Madoff scandal... more
Regulation: Veteran regulator Mary Schapiro is to get the tricky job of restoring confidence in key US watchdog the Securities and Exchange Commission under the new Barack Obama administration... more
The alarm bells in the $50 billion fraud by disgraced American financier Bernard Madoff had been ringing for years but US regulators admitted they ignored them... more
After yesterday’s £500 billion bail out to the banks, Michael Spencer, the richest self-made man in the Square Mile talks exclusively to the Standard about who’s to blame... more
Markets: Presidential hopeful John McCain says he would sack the chairman of the Securities and Exchange Commission (SEC) — his fellow Republican Christopher Cox — for allowing financial markets to be used as “a casino”... more
The US Securities and Exchange Commission has sent subpoenas to more than 50 hedge-fund advisers as part of its investigation into whether individuals spread false rumours to manipulate shares of two Wall Street firms... more
London Gateway, the £1.5bn container port under construction on the Thames at Thurrock, will have capacity to unload six of the world's largest ships at one time and have as much impact on the capital as a new airport or half a dozen Westfield shopping centres
With London Fashion Week kicking off on Friday, British designer Matthew Williamson tells Rosamund Urwin about breaking up with his ex, post-show partying and his new model man