BBC Business Headlines

South Korea cuts growth forecasts
Asia's fourth largest economy, South Korea, cuts its growth forecast for this year and next as consumer and business sentiment weakens.


Oil price fall 'not Opec's fault'
Oil-rich Gulf states vow not to cut crude production, blaming speculators and producers outside the Opec group for falling prices.


B&Q's Kingfisher to sell China stake
Home improvements retailer Kingfisher will sell a controlling stake in B&Q China to Wumei Holdings in a cash deal estimated to be worth £140m


Tesco accounts face fresh inquiry
The Financial Reporting Council announces an inquiry into Tesco's accounts for 2012, 2013 and 2014 following the £250m mis-statement of its profits.


Asian shares climb in thin trade
Asian markets rose on Monday, although trading was thin at the start of a working week shortened by the Christmas break.



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Paul Krugman

Conquest Is for Losers
There is still a powerful political faction in America that hasn’t learned this lesson. read more...





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