Tokyo / Bloomberg The world’s biggest pension fund posted its best quarterly gain in a year as a rebound in stocks helped add $42 billion to the value of Japanese asset manager’s investments. The 139.8 trillion yen ($1.2 trillion) Government Pension Investment Fund (GPIF) delivered a 3.6 percent return in the three months ended December as its holdings rose by …

New Delhi / Bloomberg India’s biggest gold market was shuttered on Tuesday as jewellers in the country’s commercial capital began an indefinite strike to try to reverse a plan by Prime Minister Narendra Modi to introduce an excise tax. Jewellers in Mumbai’s Zaveri Bazaar have stopped work and want the proposal for a 1 percent levy announced in Monday’s annual …

Tokyo / Bloomberg Sharp Corp. is facing a potential cash crunch at the end of this month as talks drag on with Foxconn Technology Group for a rescue deal that would inject billions of dollars in new capital into the struggling Japanese electronics maker. Sharp has 510 billion yen ($4.5 billion) in credit lines and loans that are set to …