Japan plunges back into recession - papers

Dominique Strauss-Kahn resigning as head of the IMF, Japan’s economy plunging back into recession and Lloyds Banking Group shareholders venting their anger over executive pay…we bring you today’s top stories.

Dominique Strauss-Kahn has resigned as head of the International Monetary Fund, four days after being charged with the sexual attack of a Manhattan hotel chambermaid. MORE...

Japan's economy has plunged back into recession for the third time in a decade after contracting sharply following the nation's biggest recorded earthquake, a tsunami and a nuclear crisis. MORE...

Lloyds Banking Group suffered an embarrassing shareholder revolt over boardroom pay at its heated annual general meeting yesterday. MORE...

Demand for gold as an investment was strong at the start of 2011, although it was off the peaks of 2010, the World Gold Council has said. MORE...

The US Federal Reserve has said the US economy is recovering moderately, newly released minutes of its April policy committee meeting show. MORE...

The International Monetary Fund has told Greece to step up its efforts to sort out its finances in the most stern warning yet from the bailed-out nation's rescuer. MORE...

Hard-pressed families are facing real term wage cuts of 3pc in the second half of the year and further sub-inflation pay rises for the following nine months, the latest official forecasts show. MORE...

New US regulations designed to make financial markets safer and prevent a repeat of the credit crisis could in fact kill off a major part of the secondary market in loans and leave housing finance reliant on government support forever, representatives for Wall Street's major firms are warning. MORE...

Oil traded near the highest in more than a week in New York after a government report showed an unexpected drop in U.S. crude inventories on increased refinery operating rates and supply disruptions. MORE...

Glencore has priced its float at 530p a share after being inundated with almost $50bn (£31bn) of demand for just $11bn worth of shares. MORE...

Singapore has raised its economic growth forecast after a manufacturing boost at the start of year. MORE...