Growth in South Korea - Asia's fourth largest economy - has marginally beaten estimates to expand 2.5% during the first three months of 2015 compared with a year earlier.

A former trader accused of Libor rate rigging said brokers in other firms were a "tool" in his "armoury", a jury has been told.

English Premier League clubs saw record revenues and profits in 2013-14, as big TV deals and Financial Fair Play rules took effect, says Deloitte.

Low-value transactions drove a 10% rise in purchases made on a card in 2014 compared with a year earlier, new figures show.

The US state of Nevada has approved a new tax on live entertainment, which includes a 9% charge on tickets for events such as the Burning Man festival.

Australia is cautioned by the OECD to keep further interest rate cuts "in reserve" and that the booming housing market is at risk of a "sharp correction".

The number of properties on the market is at its lowest level for many years, leading to prices rising faster than wages, the Halifax says.

London's leading shares fall in early Thursday trading, dragged down by companies going ex-dividend.