BUSINESS

The investment bank is looking to settle out-of-court after nuns and other investors sued the bank over a hybrid bond sale

Kazuhiko Asakawa and three others were accused of hiding the losses.

Moody’s has revealed a key beacon for growth in Asia, according to its latest report.

UK inflation has fallen again, giving the Bank of England more to think about in its quantitative easing programme as Britain wallows in recession

World’s largest yoghurt maker warns of operating profit margin decline on Spain market deterioration

Spain €3bn short-term debt sale hits 5 percent yield as German investor sentiment falls the most since 1998

China pledges to provide $43bn (£27.4bn) to International Monetary Fund to boost its lending power.

For long China has kept its remnimbi undervalued in order to undercut competitors in the export market. Now that policy could ease up.

Lenders, such as IMF and EU nations Germany and Britain, exerting pressure for Greece to act swiftly on reforms in midst of widespread doubt.

George Osborne said he wants the value of UK exports to increase to £1tn by the end of the decade - but the industry is in decline. Here is why.

G20 Draft Communique to boost IMF firewall, tackle the sovereign debt crisis and prevent further emerging market contagion.

Ratings agency Fitch slashes India's credit rating outlook to negative, following similar calls from Standard & Poor's earlier this month.

For the first time in three years the world's only superpower can claim to have the world's fastest supercomputer.

As India seeks more oil and gas from OPEC and the wider markets following Iran's sanction woes, the move could intensify growth problems and high inflation

As Greek voters narrowly choose New Democracy, a pro-bailout party, to form a government, IBTimes UK looks at what commentators are saying about the crux election

India's central bank defies market expectations for an interest rate cut and keeps rates unchanged

Leftist Syriza says it will not form coalition with Pro-Bailout New Democracy and demands renegotiation of EU bailout terms

Japan's Nikkei, Hong Kong's Hang Seng, South Korea's Kospi and China's Shanghai Composite all edged up.

He says already levels of CO2 have exceeded 400 parts per million while the tipping point is 450 parts per million.

After months of uncertainty, the future of Greece does seem to be in the Eurozone, as New Democracy, the centre right pro-bailout party, has had a narrow win in the Greek elections.

The new benefit system, Universal Credit, is expected to save thousands of pounds to the treasury.

The crucial Greek vote will set the stage for the country's continuation or exit from the single currency zone.

Blizzard finds itself in a mess, thanks to legal notices from France and Germany over false advertisement and poor server infrastructure for online gaming.

Bret Taylor announces his decision to leave the company through his Facebook page.

Gupta was found guilty of feeding confidential information to a corporate hedge fund manager.

Extra oil demand from India, following cut backs from Iranian imports on sanction woes, will help push prices back up in H2 this year, say analysts

Mass Effect (ME) Fans have once again resorted to expressing their dissent on BioWare forums after ASA's controversial ruling in favour of Electronic Arts.

Eurozone debt crisis and the global market jittery don't seem to have watered down the interest in Felda Global Ventures' (FGV) $3.2 billion (£2bn) Initial Public Offering (IPO), the second largest after the Facebook listing.

Moody's said Nokia's smartphones, including the Lumia range, must improve sales if the company is to recover, and this depends on them getting the latest Windows 8 operating system