Japan's economy expanded an annual rate of 1.9% rate in the first quarter of this year, revised from a preliminary figure of 1.7%

South Korean prosecutors raid Daewoo Shipbuilding and Marine Engineering as part of an investigation into alleged accounting irregularities.

Sainsbury's reports a fall in underlying sales for the past three months, with the UK's second-largest grocer warning the market remains "challenging".

The London market falls slightly as trading gets under way, but shares in Sainsbury's rise after its latest sales performance beats expectations.

Online domestic appliance retailer AO World reports deeper losses, blaming increased investment in Europe as it tries to expand its business.

The Royal Mint is to offer savers the chance to own gold bars within their pension funds for the first time.

The former owner of BHS, Dominic Chappell, is "a liar" who "threatened to kill" the retailer's chief executive in a row over company money, MPs are told.

Online retail giant Amazon says it will invest an additional £3bn in India, where it already employs 45,000 people.