General Motors expands in China

GM signs up to a joint venture with the Chinese state-owned carmaker FAW to make light trucks and vans.

Iceland to pay back Icesave cash

The Icelandic parliament votes in favour of repaying more than $5bn (£3bn) to the governments of the UK and the Netherlands.

Japan jobless rate hits new high

Japan's jobless rate hit a record 5.7% in July and consumer prices fell at a record pace, figures released days before a general election have shown.