Sportswear group Nike posts better profit figures on the back of higher sales despite the company seeing a fall in margins.

Afghanistan's central bank governor, Abdul Qadeer Fitrat, says he has resigned because a fraud investigation has left his life in danger.

Retail sales in Japan fell less-than-forecast in May as the country starts to recover from the 11 March earthquake and tsunami.

Drinks giant Diageo agrees a deal that will allow it to expand its business in China's fast-growing spirits market.

Experts predict elderly care crisis will get much worse, with care home bosses facing real-term cuts of 2.5% in funding from local authorities.

Singapore and Malaysia's state-owned investment companies agree to develop jointly projects in the two countries.

Trade unions in Greece begin a 48-hour general strike, as parliament prepares for a key vote on tough austerity measures.

Angry Tepco shareholders ask the company to abandon nuclear power in the wake of the Fukushima Daiichi radiation crisis.