Asia
Stocks, Metals, Currencies Rise on Greek Aid Speculation, Global Recovery Stocks, emerging-market currencies
and metals rallied after Germany signaled it may help support
Greece’s finances and economic reports showed recovering demand
in Asia.
China's Imports Surge 86% as Domestic Demand Aids Global Economic Rebound China’s imports climbed for a third
straight month in January, signaling increasing strength in
domestic demand that’s aiding the global economic rebound.
Toyota Seeks to Dismiss Consumer Suit Alleging Electronic Throttle Defects Toyota Motor Corp., facing at least
41 class-action lawsuits over sudden acceleration problems,
asked a court to throw out the first of those cases, saying the
plaintiffs have no basis to sue.
Barclays Japan's Investment Banking Co-Head Hideaki Sunaga Said to Leave Barclay Plc’s co-head of investment
banking in Japan, Hideaki Sunaga, is leaving after about a year
with the firm, two people with knowledge of the matter said.
Canon Says It Will Stick to $1 Billion Bid for Oce, Defying Hermes, Orbis Canon Inc. said it will stick to its
$1 billion offer to buy Dutch printer maker Oce NV, rejecting
calls by shareholders including Hermes Fund Managers Ltd. and
Orbis Funds to raise the bid.
India Offers Iraq Crude Oil Storage at Terminals to Be Built in Two Years India is building terminals to
stockpile crude oil and has offered Iraq the use of some of the
space as part of negotiations to secure supplies from the holder
of the world’s third-largest reserves.
Fancl Aims to Expand Cosmetics Sales in China to Half Its Revenue by 2015 Fancl Corp., a Japanese cosmetics
maker, said it expects to earn about 10 percent of its sales in
China this fiscal year and use the market as a base to expand
exports to half of its revenue within three to five years.
Philippines Said to Seek 100 Billion Yen in Debt Sale, Twice Initial Plan The Philippines is seeking to raise
as much as 100 billion yen ($1.1 billion) from a sale of 10-year
Samurai bonds, twice the original plan, according to a person
familiar with the matter.
Bangladesh to Deploy Floating Unit to Speed Up LNG Imports Amid a Shortage Bangladesh, which has delayed
exploration awards to ConocoPhillips and Tullow Oil Plc after
disputes with neighbors, may deploy a floating liquefied natural
gas unit this year to plug a shortage of gas, an official said.
Sri Lanka Calls April Elections; Parliament Dissolved After Fonseka Arrest Sri Lanka will hold general
elections in April as President Mahinda Rajapaksa dismissed
parliament a day after the arrest of Sarath Fonseka, the
defeated opposition candidate in January’s presidential ballot.
China Names Vice Premier Food Commission Head After Melamine Milk Recall China established its most senior
commission on food safety, headed by Vice Premier Li Keqiang,
after authorities were forced to recall more than 170 tons of
milk powder tainted by the chemical melamine.
Philippines' Villar Says His Debt Equipped Him to Handle Nation's Finances Philippine tycoon Manuel Villar,
tied for first place in his country’s presidential race, said
the best man for the job is the one who’s had the most debt.
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