Business Secretary Vince Cable launches a fresh attack on the UK's banks, accusing them of "imperilling" the UK's economic recovery.

A leading EU official urges private holders of Greek bonds to sign up to a vital debt swap deal ahead of a deadline later on Thursday.

Ministers should draw up security plans to deal with a break-up of the eurozone "as a matter of urgency", a committee of MPs and peers warns.

Indonesia limits foreign ownership of its mines to 49% as it tries to encourage domestic investment in mining projects.

Hong Kong extends trading hours despite protests from some brokers and traders, who say they need a long lunch break to meet clients.

Japan reports a record current account deficit because of rising energy imports, as the country's economic recovery remains fragile.

Toyota recalls 681,500 vehicles in the US, dealing a blow its efforts to rebuild its image after a number of safety issues.

The government is set to outline how it plans to save billions of pounds from the railway budget, after a report recommended they be cut by a third.