Stocks edge lower in the opening minutes of trade as renewed concerns on US budget negotiations dampened sentiments.
Shares tumble 11 percent on Japanese carmaker's announcement of recall of 1.2 million cars.
Asian markets decline as the US fiscal cliff talks appear to hit further roadblocks and traders await Bank of Japan's policy decisions.
Although UBS settled for a record $1.5bn fine and admitted to fraud, Switzerland's biggest bank faces a huge task in reforming its tattered reputation.
Find out where and how to watch live in the UK, as Rafael Benitez takes Chelsea to Elland Road and renews rivalries with Neil Warnock's Leeds United
Global economic slowdown and European debt crisis remain to be major concerns affecting the business sentiments of top companies in the Asian region.
Check out a comprehensive feature comparison of HTC Butterfly with Apple's flagship iPhone 5 to help you make your buying decision.
Nissan investment of £250m in Sunderland plant to create hundreds of new jobs in the factory and among suppliers.
FSA levies record £160m fine and says at least 45 traders and managers involved in global interbank lending scandal
Asian stocks extend gains as traders remain positive on US lawmakers reaching consensus on 'fiscal cliff' soon.
Chelsea could attempt to sign Everton's Marouane Fellaini as Frank Lampard is linked with a potential move to Ligue 2 side Monaco.
Dozens of UBS employees are said to be implicated as the settlement estimation rises to $1.5bn.
European stocks gain in early minutes of trade as US fiscal cliff negotiations show progress.
Asian stocks sway between gains and losses as traders look for signs of progress in the US 'fiscal cliff' talks.
Chelsea and Liverpool are both interested in signing powerful Lyon striker Bafetimbi Gomis during the January transfer window.
European markets remain mixed in the opening minutes of trade as fiscal cliff concerns offset China's economic policy reassurances.
Abe, considered a hawk on China, says he will 'stop challenge'.
Japanese stocks climb as yen dips after pro-stimulus LDP wins elections.
Deflation, rising currency and perceived threats to national security have driven disillusioned voters to the conservative LDP.
Liverpool manager Brendan Rodgers admits to being shocked by the way Aston Villa beat the Reds
Chelsea face Brazilian club Corinthians as the Blues look to win a first Club World Cup title. Find out where to watch the match live in the UK.
Tottenham Hotspur defender Jan Vertonghen says Arsenal wanted to sign him in the summer to help fill a void in midfield.