The Bank of Japan forecast slower economic growth and abandoned a prediction that consumer prices will increase this year, making it harder to raise the world's lowest borrowing costs.
Mitsubishi UFJ Financial Group Inc, Japan's largest bank by market value, posted its biggest-ever profit decline on losses at a credit card unit and lower margins on loans to corporate clients.
US computer networking giant Cisco Systems plans to more than triple its workforce in India and turn the South Asian nation into a platform to tap and service markets worldwide.
Hyundai Motor Co, the biggest auto exporter from India, expects to ship 110,000 i10 minicars to Europe, the Middle East and Asia next year as the South Korean automaker boosts production at its new factory.
Merrill Lynch's departing Chief Executive Stan O'Neal will walk away with $161.5 million in stock, options and retirement benefits, the company said.
Leading packaging supplier Tetra Pak's progress in China has been eye-catching in recent years, despite monopoly accusations.
The People's Bank of China, the central bank, has yet to provide details of September's mortgage policy announcement, in which it raised the down payment for second-home buyers to try to curb property prices.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
