Beijing / Bloomberg China’s foreign-exchange reserves increased for the second month in a row as market sentiment toward the yuan improved and a stronger yen and euro boosted the headline number. The world’s largest currency hoard rose by $7.089 billion to $3.22 trillion in April, the People’s Bank of China said in a statement on Saturday. That compares with ...

  Tokyo / Bloomberg Sharp Corp. fell the most in almost two months on concerns that the Japanese company’s loss for the last fiscal year will be far wider than forecast. The company may report a net loss of 300 billion yen ($2.8 billion), according to a person familiar with the matter, almost double the 161 billion yen that analysts ...

  New Delhi / Bloomberg New Delhi’s electricity regulator directed state-run utility NTPC Ltd. to refrain from cutting supplies to two city power retailers over unpaid dues after the generator threatened to halt sales to India’s capital. In a meeting, the Delhi Electricity Regulatory Commission asked NTPC and the two distributors — BSES Rajdhani Power Ltd. and BSES Yamuna Power ...