HONG KONG, Jan 23- Troubled Chinese property firm Kaisa Group is talking to banks and rival developers about selling its assets as the company scrambles to raise cash, according to people with knowledge of the matter. The Wall Street Journal reported on Friday that developers speaking to Kaisa include China Vanke and Shenzhen Overseas Chinese Town.» Read More
Japanese display maker Sharp will aim to boost sales to the iPhone maker's rival Samsung Electronics under a three-year rehabilitation roadmap.
Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.
SoftBank said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel, which has been challenged by Dish Network.
Honda is recalling nearly 46,000 Fit Sport small cars in the U.S. and Canada to fix a problem with the electronic stability control system.
Middle-income Asian economies must improve government institutions and liberalize rigid labor and product markets if they wish to reach the level of developed countries, the International Monetary Fund (IMF) said on Monday.
"The market is not being irrational with Apple today," one money manager says. "The market was being irrational with Apple last year, when they kept taking the stock price higher."
Facing tougher competition in what is now the world's biggest autos market, Nissan and its Japanese rivals Toyota Motors and Honda Motors are having to increase the locally made content in their cars.
Nepoch Capital, a new private equity firm founded by the son of a former member of China's politburo, has launched the first 'princeling' fundraising since the new government took power vowing to clamp down on cronyism and nepotism.
New Hope Group, China's largest producer of animal feed, said its business has been hit by the bird flu outbreak as poultry consumption has declined in the country.
Mitsubishi UFJ Financial Group, Japan's largest lender by assets, is in advanced talks to buy U.S. commercial property loans from Deutsche Bank worth about $3.7 billion.
North Korea barred entry to a joint industrial complex it shares with the South for a second day, Seoul's Unification Ministry said, and demanded extended notice of when hundreds of South Korean workers planned to leave.
Under conditions to be announced Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, while the rest may never be paid back.
The president of Cyprus said on Friday the risk of bankruptcy had been contained and the country had no intention of leaving the euro.
Li Ning, which is expected to report a net loss of close to $177 million on Monday, is hoping to turn its fortunes around by taking on endorsement deals with U.S. NBA stars.
U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
China must stabilize inflation expectations, the head of the People's Bank of China said on Wednesday, vowing to vigilantly manage the risks of rising prices.
Google's Motorola Mobility unit is to shed another 1,200 jobs as the smartphone maker tries to return to profitability, Google said on Friday.
India's much-awaited annual budget failed to deliver on the hype sending the nation's equity markets lower on Thursday, with one economist calling Finance Minister P Chidambaram - who has the tough job of reining in the fiscal deficit while spurring growth – simply a "firefighter."
India unveiled higher-than-expected spending for fiscal 2013/14 on Thursday, aiming to fund it with higher revenues - including new taxes on the rich and large companies - in a budget aimed at reviving growth amid the country's worst slowdown in a decade.
Asia's largest low-cost carrier, AirAsia, said it was "confident" about entering the Indian aviation space - a market that has been challenged by intense price competition and exorbitant operating costs.