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Japanese firms pay high price for Asia M&A spree: Tokio Marine president
Japanese firms have been so busy paying top dollar in overseas acquisitions that sellers looking to offload assets in Asia now expect them to pay over the odds, according to the head of the country's biggest insurer, Tokio Marine Holdings Inc (8766.T).
Hungary first European country to sign up for China Silk Road plan
Hungary has become the first European country to sign a cooperation agreement for China's new "Silk Road" initiative to develop trade and transport infrastructure across Asia and beyond, China's foreign ministry said late on Saturday.
ECB plans more health checks for banks in 2016: Nouy in paper
Euro zone banks should expect another round of health checks in 2016, the European Central Bank's top banking supervisor was quoted as saying, adding that Greece's banks remained solvent.
Adani, Reliance to build Bangladesh power plants to ease crisis
Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country's prolonged power crisis, a senior official said on Saturday.