International financial regulators ease the first-ever rules on minimum quantities of cash and assets all banks must hold, set to take effect in 2015.

UK consumer spending fell in December despite a late Christmas rush, says Visa, while MasterCard found retail sales rose last month.

More than a million better-off families will lose some or all of their child benefit, under changes which came into force at midnight.

Confidence rises among Scottish small businesses despite rising costs and weak trading conditions, according to a new survey.

South Korea's LG Group announces plans to increase investment, in an attempt to boost its market share amid increased competition.

Morrisons describes its fall in Christmas sales as disappointing, even after taking into account the difficult market conditions.

Shares in Australian coal miner Whitehaven fall almost 9% after a fake press release claims one of the firm's lenders has withdrawn funding.

UK house prices fell by 0.3% in 2012 and are likely to remain at the same level by the end of 2013, the Halifax says.