The IPPR think tank says a full-blown economic recovery will not help fix the UK's youth unemployment problem, which it says is structural.

The Japanese economy contracts by 6.8% from the previous year after a recently introduced sales tax held back consumer spending.

China's biggest e-commerce firm Alibaba sells off its loan business ahead of a forthcoming share sale.

The makers of mobile game Candy Crush Saga reduce their 2014 forecast after lower-than-expected second-quarter results.

Hong Kong airline Cathay Pacific sees a surge in first half earnings as a plan which involved adding more flights to US destinations pays off.

Security firm G4S reports a pre-tax profit of £85m for the six months to the end of June, compared with a loss of £94m a year earlier.

Cardiff-based car insurer announces customers rose by 9% to 3.94 million in the first half of the year but there was a 5% drop in turnover.

China's latest industrial production and retail sales figures are higher in July from one year ago but the expansion is at a slower pace from the previous month.