US banks kick off their earning season, with JP Morgan Chase the first big outfit to report its fourth-quarter results.

The cost of car insurance could be cut if the government restricted the huge number of subjective "whiplash" injury claims, a committee of MPs says.

The BBC finds that the Financial Services Authority has not used mystery shoppers to protect consumers for a year and a half.

The Royal Bank of Scotland is expected to confirm plans to reduce its investment banking division in a statement later.

Sportswear group Nike agrees $1m (£650,000) compensation in ongoing dispute with workers in Indonesia over unpaid overtime.

China's rate of inflation is little changed at 4.1% in December, despite government efforts to rein in price growth.

Infosys, India's second-largest computer software services firm, reports a 33% rise in profits thanks to a weak rupee.

Hong Kong retains its position as the world's freest economy, according to a ranking compiled by the Heritage Foundation.