BUSINESS

Renminbi's ascendance as international reference currency depends on size and scale of new leadership's economic reforms.

Consumers restrict spending to essentials as economic uncertainties persist.

With both the Fiscal Cliff and a new Fed Chairman in play for the next President, global investors await results of the most economically important elections in decades.

Financial Industry Regulatory Authority launches probe into the unauthorised trading of Apple shares at brokerage Rochdale Securities, say media reports

China growth helps BMW beat market consensus with profit boost and puts 2012 targets into the fast lane

Company intends to create a new parcel sorting hub and upgrade its operations.

American Suzuki Motor Corp, with $346 mn in debt, to file for bankruptcy.

Apple's case alleging Google-owned Motorola Mobility is charging excessive fees for patents used by iPhone maker dismissed.

Australian central bank cautious because of higher prices and signs of world economy reviving.

Nicholas Levene (Beano to his friends, of which I am one) is a crook, a wrong 'en, a "more front then Brighton" conman, who has just been found guilty of £32 million fraud and sentenced to 13 years in prison.

Japanese manufacturer claims that its latest model blocks wrinkle-causing UV rays and the air-conditioning pumps out ionically charged particles that make skin softer.

President of the brokerage confirms that an unauthorised trade of Apple shares has led to Rochdale Securities seeking a capital injection.

The City stockbroker pleaded guilty to 14 charges after scamming £32 million in Ponzi fraud.

Irish bookmakers paid out on all bets that President Barack Obama will win a second term in office before votes have been counted

Following its mega deal with Saudi Arabia, BAE expects further orders from Oman, the UAE and Qatar.

Weakest growth in two years for Britain's most important growth driver raises concern over recovery path

China's ageing population, huge credit bubbles and rising inequality is creating a serious "middle income trap" that could hurt the next phase of its "economic miracle".

Australian court ruling on complex derivative rating could have major impact on ratings agencies around the world

HSBC says it has put aside an extra $800m to satisfy US regulators but adds the costs of its money laundering activities could be "significantly" higher than $1.5bn

UK’s low cost airline announces a profit boost on growing passenger traffic and a rise in fares.

Row over crackdown on Islamist groups said to be reason for exclusion.

Shares fall after US watchdog finding that Hyundai and Kia overstated fuel efficiency of vehicles.

Island dispute pulls down Japanese car sales in China for second month running.

UK banking on investment rather than domestic consumption to spur growth.

240-store electrical retail chain hit by economic situation and online shopping.

Warren Buffet-backed BYD trying to drive out of rough patch with easy finance schemes.

Foreign investors can set up fully owned firms and will be offered tax breaks and long-term land leases.

The £100m price tag makes 1 Cornwall Terrace one of the world's most expensive terraced houses.

Italy's goldsmiths hit by high manufacturing costs and heavy duties in importing countries.