Bloomberg Several of the best-known bankers in India’s financial capital, Mumbai, are striking out on their own after one of the most turbulent periods in decades for the country’s credit markets. The moves highlight how mounting strains in the country’s markets are reshaping traditional career paths. Banks have been in cost cutting mode as they grapple with one of the ...

Bloomberg The death of Hanjin Group Chairman Cho Yang-ho this week threatens to weaken his family’s grip on an aviation-to-logistics empire built over two generations. While the family is yet to disclose it, Cho’s eldest son Walter — president of the group’s Korean Air Lines Co and its parent — is seen by analysts as his natural heir. But South ...

Bloomberg Possible debris from a Japanese F-35A stealth fighter that crashed during an exercise over the Pacific Ocean has been found at sea in what would be the costly jet’s second crash in less than a year. The plane and its pilot, a man in his 40s, went missing about 135 kilometres off the Japanese coast after departing Misawa Air ...