Japanese carmaker warns profits will fall 60% this year as a result of the Thai floods and strong yen

Japan’s big five trading houses bullish for the current fiscal year, in spite of fluctuating commodity prices

Slater & Gordon, the world’s first quoted law firm, is to acquire Russell Jones & Walker for £53.8m, taking advantage of the de-liberalisation of the UK’s legal services market

Shares rise more than 7% as Korean group’s overall net loss of $730m proves to be not as significant as investors had feared