Tokyo / Bloomberg Japan’s Norinchukin Bank bought more than $2.9 billion of UK mortgage-backed bonds sold by Cerberus Capital Management, according to people familiar with the matter. The cooperative lender, which serves as the central financial institution for Japanese farmers and fisherman, acquired senior-ranking notes in a 6.1 billion pound deal that priced earlier this month, said the …

  Melbourne / Bloomberg Telstra Corp. and a Ping An Insurance Group Co. unit said their agreement over the sale of a $1.6 billion stake in China’s Autohome Inc. is binding, indicating the transaction will go ahead despite the emergence of a higher management buyout proposal. Ping An Trust & Investment Co., which agreed to buy a 48 percent stake …

  NEW YORK / AP India’s finance minister says his country’s needs include everything from more housing and factories to becoming more business friendly but that it’s also committed to protecting the climate. Arun Jaitley spoke about India’s future at the Asia Society in New York. Jaitley says there’s widespread support for reform in India. He says India’s states will …