Bloomberg Mizuho Financial Group Inc. is becoming more aggressive in chasing riskier clients outside Japan as it seeks to reverse the recent decline in its full-year profit, according to Chief Executive Officer Tatsufumi Sakai. The Tokyo-based lender may have been a “little conservative” in adjusting its asset profile towards non-investment grade assets overseas and away from lower-margin clients, Sakai said. ...

Bloomberg From Mercedes-Benz AG to Unilever, companies in India are finding power to pass on higher costs to consumers, a sign that demand in the world’s fastest-growing major economy is well-entrenched. After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India’s economic recovery is gaining momentum. Businesses are taking ...

Bloomberg GlaxoSmithKline Consumer Healthcare Ltd. is headed for a record high after parent GlaxoSmithKline Plc was said to have requested bids by mid-September for its Indian consumer-health unit. Shares of the Indian unit rose as much as 8.3 percent, the biggest intraday advance since February 14, and were set for a record close in Mumbai. Glaxo has sent out an ...