Japan's transport ministry may reform its car recall system, reports said today, as Toyota faces accusations of delays over drivers' complaints.

Toyota president Akio Toyoda will attend a US government hearing next week about the car maker’s massive recalls.

US treasury secretary Timothy Geithner is to face a congressional grilling about suppressed details about deals that funnelled billions to big investment banks while he was president of the Federal Reserve Bank of New York.

Barack Obama won the support of some of the biggest backers of his former rival Hillary Clinton today as she finally signalled that the end of her bid for the Democratic nomination was near.