Finance chiefs at the UK's biggest firms think there is a one in three chance of at least one country leaving the euro in 2012, a report says.

There has been a 'seismic collapse' in private sector pensions, with nine out of 10 defined benefit schemes closed to new entrants, a report warns.

Singapore's economic growth slows in the last quarter of 2011 as slowing demand and supply chain disruptions hurt manufacturing.

Iran's currency the rial slides 12% against the US dollar after the US imposed fresh sanctions targeting Iran's central bank.

Asian stocks climb on the first full day of trading in 2012 boosted by better-than-expected economic data and European gains.

Oil giant BP asks its contractor Halliburton to pay all costs and damages arising from the oil spill in the Gulf of Mexico.

The London market makes a strong start to the year, as it catches up with big gains seen in European markets on Monday.

German unemployment falls to its lowest rate in December since 1991, official figures show.