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Kansai Electric Power Co. said Friday that it expects to swing to a group net profit for the first time in five years in the fiscal year through March, helped by the restart of a reactor at its Takahama nuclear plant in central Japan. At a news conference in Osaka, ...

Terry Gou, chairman of Taiwan’s Hon Hai Precision Industry Co., was set to visit Sharp Corp. on Saturday to present a new bailout proposal, informed sources told Jiji Press. The new proposal includes supply of growth capital that exceeds the ¥300 billion in capital that Innovation Network Corp. of Japan, ...

Character goods maker Sanrio Co. and Mitsui Fudosan Realty Co. have opened a car-parking space featuring Hello Kitty, the beloved kitten character, in Tokyo’s Asakusa district. As Hello Kitty is also popular outside Japan, the car-parking lot near the Kaminarimon entrance gate of Sensoji, a major temple in Asakusa that ...

Pledging to continue structural reforms to accelerate growth, finance minister Arun Jaitley on Saturday said India has the potential to grow at 8-9 per cent, and only a higher growth rate can end poverty.

Kumar Birla rated the demographic dividend as the biggest positive for India, that was endorsed by Sunil Mittal later.

The government will provide as much capital as required to public sector banks, but these banks must also clean up their books of bad loans, Sinha said.

While the priority is to have AML framework in place in Europe and US, it is also being created in Dubai, South Africa, Mauritius and Singapore.

"Innovation is absolutely critical given the disruption sweeping across companies," said Dominic Barton, managing director, McKinsey & Company.

Vineet Jain said India had the potential to be growth engine of the global economy and urged the government to press ahead with reforms.

The GSK chief said that globally the healthcare industry has achieved a lot in extending life expectancy but it has not succeeded in improving the quality of life.