New Delhi / Bloomberg Apple Inc. may be closer to opening stores in India after the government eased onerous local sourcing requirements on retailers. The world’s second-most populous country on Monday announced the easing as part of a raft of measures intended to boost foreign direct investment and expand the leeway afforded multinational corporations. It loosened policies that require …

  Kuala Lumpur / Tribune News Service Logistics operators in south Thailand have lost almost 100 million baht (US$2.8 million) over the past six to seven months as container trucks take six to eight hours to cross the border into Malaysia from Songkhla’s Sadao district, the Association of Southern Logistics and Transportation said. This was because the Malaysian checkpoint is …

  Tokyo / AP The Japanese government said on Tuesday that Mitsubishi Motors Corp. overstated mileage on its vehicles by up to 16 percent, but stopped short of slapping further penalties on the company. The Transport Ministry said the figure came from its own mileage tests to look into the cheating by the Japanese automaker on its minicar models, tiny cars …