Mitsuibishi Corp may buy 18% stake in Peruvian copper project
Co to acquire stake from lending arm of World Bank for about 60-70 bln yen
Sectors - Nikkei
Toshiba JSW plans to double steam turbine unit capacity to 6,000MW
Co to increase the employee base in India to 500 over next three years
Suzuki Motor Apr-Dec consol net profit slips 4.7%
Co reports tumbling sales in India, damage from strong yen and natural calamities
Mazda Motor Q3 net loss of $1 bln
Japan-based fifth largest car maker also revised down its unit sales forecast by 14% in Europe and 1.8% in total
Takeda gets US FDA OK for cancer medicine Velcade
Cancer medicine Velcade generated $594 million in sales for the year ended March 31
Sumitomo Mitsui to buy RBS's aviation business for $7.3 bln
Proceeds from the deal will strengthen RBS's core tier 1 capital position, reduce wholesale funding needs
Japan Airlines to relist shares on TSE
Airline company may sell between 500 billion yen and 1 trillion yen of shares
Olympus Corp aims to issue $1.28 bln in new shares
Optical equipment maker Olympus is also mulling issue of nonvoting preferred shares convertible into common stock
Honda introduces new entry-level variant of sedan City in India
HSCI also launches refreshed version of the new City at prices ranging from Rs 6.99 lakh to Rs 10.22 lakh
Tokyo Stock Exchange to merge with Osaka Securities
Companies to merge after the larger but unlisted Tokyo bourse takes a minority stake in the listed Osaka exchange in a public tender offer
Toyota Motor restores vehicle output in Japan to near-normal levels
Automaker Toyota resumes partial production at three Toyota factories in Thailand
Sumitomo Mitsui first half net profit slips 25%
Japan's third largest bank by assets Sumitomo Mitsui will buy back up to 1.63% of its own shares for Y50 billion between Dec 2 and Jan 20
Toyota, Honda report weaker than projected US sales
Sales of Toyota dip 8% due to shortage in supply of Corolla cars
Nissan may build Infiniti cars in China
Japan automaker Nissan to locate its global headquarters for the luxury brand in Hong Kong
Denso Corp net profit down 75% in the first fiscal half
Japan's biggest automobile components maker Denso logged sales of Y1.409 trillion, a drop of 11%
Japan to spend extra $52 bln to cope with surging yen
Japan plans to spend additional 4 trillion yen ($52 billion) to help its exporters deal with a surging yen and spur job creation
Nikkei slips after Alcoa earnings raise concerns
The Nikkei stock average slips after Alcoa Inc's quarterly results suggested that Europe's debt crisis was set to hurt US corporate profits
Nissan may export Sunny to Africa, West Asia and Africa
Car maker Nissan Motors plans to export Sunny to Africa, West Asia and Africa early next year
Nissan plans to double Chennai unit capacity to 4 lakh units
Japanese automaker Nissan Motor plans to double Chennai unit capacity to 4 lakh units by 2012
Honda Motor plans to expand share of Indonesia's motorcycle market
Japanese automobile company Honda Motor plans expanding its share of Indonesia's big motorcycle market to 60%
Suzuki Motor seeks to dissolve pact with Volkswagen
Suzuki Motor seeks to end its 20-month old deal with Volkswagen after the German carmaker's 222.5 billion yen investment failed to yield a single project
Mercedes Benz expects to regain no 1 position in India by launching brands
German auto major Mercedes Benz has decided to introduce up to 10 new brands in the next three years to regain the numero uno position by 2015
Japan launches $100 bln plan to fight rising yen after Moody's cuts rating
Japan launches a $100 billion plan to assist companies in fighting with a surging yen after Moody's cut rating
Takeda in talks with Lupin, Cipla to buy pharma businesses
Japan-based pharma company Takeda has started negotiations with Lupin, Cipla for buying their pharma businesses
Deven Sharma to step-down as S&P's president by year-end
Rating agency Standard & Poor's president Deven Sharma will step down and leave by the end of the year
Ford Motor to team up with Toyota for hybrid pickup trucks, SUVs
Ford will join hands with Japan-based automaker Toyota Motor Corp to develop a hybrid system for pick-up trucks and sports utility vehicles
Roche, Daiichi gets US clearance to treat advanced Melanoma
Roche Holding AG and Daiichi Sankyo win US approval to sell drug for treating advanced Melanoma, a form of skin cancer
Mitsubishi Corp starts Japan's realty fund that invests in data centers
Japan's largest general trading company Mitsuibishi Corp starts first real estate fund that invests in datacenters
Honda Motor to expand network of dealers, service outlets in India
Tokyo-based automaker Honda Motor Co will be expanding its network of dealers and service outlets in India by 25% and launch new models to boost sales
Mitsubishi Estate net profit slips 34% on fewer apartment sales
Japan-based real estate developer Mitsuibishi Estate has reported 34% fall in its net profit as it sold fewer apartments after earthquake in March
Wal-Mart Stores appoints Danone's Morten Knudsen as Asia CFO
World's largest retailer Wal-Mart Stores has appointed Morten Knudsen as chief financial officer for Asia
