Japanese Firms
Step Up Deals

Asia Stocks: Nikkei Rises 0.7%

Asian share markets rose Tuesday despite some weakness on Wall Street, with shares of Japanese exporters spurred by recent weakness in the yen.

Taiwan to Aid Struggling Companies

Taiwan plans to provide about $6 billion in financial aid for struggling companies. Chip maker Nanya could seek assistance this week.

Daiichi Writes Down Ranbaxy Deal

Daiichi Sankyo is taking a $3.84 billion write-down on its 63.9% holding in Ranbaxy Laboratories of India.

HSBC Aims to Expand in Vietnam

HSBC aims to increase its Vietnam branches to 10 this year from two now, and is looking at Laos and Cambodia.

Indonesia Inflation Slows

Indonesia reported slowing inflation for December and a surge in the November trade surplus, which will likely prompt the central bank to continue to cut rates gradually.

LDK Cuts Revenue Expectations

LDK Solar drastically cut its expectations for the fourth quarter, citing lower demand as customers delayed shipment requests and a decrease in overall wafer shipments.

Thai Leader Advocates Lowered Interest Rates

Thailand's headline inflation rate fell to a six-year low in December on a continued slide in global oil prices, the government said as it stepped up pressure on the central bank to further ease monetary policy.

India Signs Pact for Boeing Aircraft

India signed a $2.1 billion deal with Boeing for eight P-8I maritime patrol aircraft as New Delhi moves to modernize its mainly Soviet-vintage armed forces.

CIC Reduces Investments