Rise in jobs in financial sector

The number of people employed in the UK financial services sector rose in the second quarter by the fastest rate since the financial crisis began.

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Housing equity injection goes on

Homeowners continued to inject equity into their homes at the start of 2011 - but not to the same degree as much of 2010, figures show.

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S&P warns on Greek debt default

Standard & Poor's warns that current proposals for restructuring Greece's debt would effectively constitute a default.

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Banks to mentor small businesses

The UK's five biggest banks launch a mentoring scheme for small businesses to provide support on issues such as finance and marketing.

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Sony ranks as Asia's top brand

Sony has been ranked top in a survey of Asia's most valuable brands.

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Australian sales in surprise drop

Australian sales of retail goods such as clothes and shoes fall unexpectedly in May suffering the biggest drop in seven months.

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Japan finds rare earths under sea

Japanese researchers say they have found vast deposits of rare earth minerals, used in many hi-tech appliances, in the Pacific seabed.

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Tiger fights Australia grounding

Tiger Airways will hold crisis talks with Australian regulators to try and counter safety claims and resume domestic operations.

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Social care costs 'need capping’

Funding of social care in England needs a complete overhaul and the amount people must pay should be capped, an independent review is to recommend.

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Palestinians face budget crisis

The Palestinian Authority halves civil servant salaries after Arab donors fail to make good on funding commitments.

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