Alan Joyce, chief executive of Qantas, says he will forgo his bonus and pay rise after a sharp plunge in the airline's profits.

Property prices in China rise in July amid cuts in borrowing costs and after some local governments ease restrictions on purchases.

Thailand's economy grew by more than forecast in the second quarter of the year as robust domestic consumption helped offset a decline in exports.

Councils should sell off their most expensive houses and reinvest the money in building cheaper homes, the Policy Exchange think tank says.

Thousands of South African miners face a Monday deadline to go back to work or face the sack, days after 34 of their colleagues were killed by police.

UK housebuilder Bovis Homes has reported a steep jump in profits for 2011 and says the average sales price rose to £180,100.

A judge orders Oracle and Google to reveal which commentators they have paid following a patent trial.

The Scottish jobs market is losing momentum, according to the Bank of Scotland's monthly survey of recruitment specialists.