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    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 ...

  Tokyo / Bloomberg Sony Corp. shares climbed the most in two months in Tokyo trading as concerns abated that a quake at the southern Japanese island of Kyushu will cause a major disruption in the supply of image sensors for mobile phones. The shares rose 6.5 percent to 2,914 yen on Tuesday, the biggest jump since Feb. 15. The ...

  Vienna / AFP Natural disasters have caused more than $7 trillion (6.2 trillion euros) in economic damage worldwide since 1900, with floods and storms accounting for nearly 60 percent of the total, researchers said. The death toll from such natural calamities — which also include earthquakes, volcanoes, droughts, heatwaves and wildfires — topped eight million from 1900 to 2015, ...

  Kabul / AFP At least 30 people were killed and hundreds wounded when a Taliban truck bomb tore through central Kabul on Tuesday, triggering a fierce firefight, a week after the insurgents launched their annual spring offensive. The Taliban claimed responsibility for the attack in a densely crowded neighbourhood, which sent clouds of acrid smoke billowing into the sky ...

  Istanbul / AFP The death toll from rocket strikes on a Turkish town from an area in Syria controlled by extremists rose to five on Tuesday after another Syrian child died in hospital, reports said. Four Syrian children are now confirmed to have been killed in the strikes by Katyusha-type rockets Monday afternoon on the town of Kilis on ...

  Washington / AFP US President Barack Obama said he expects Iraq’s second city Mosul to be retaken from the IS group “eventually”. Obama’s comments in an interview with CBS News came on the same day that Defense Secretary Ashton Carter said Washington would send Apache attack helicopters and more troops to Iraq. “As we see the Iraqis willing to ...

  Sydney / AFP Investigators were on Tuesday examining two more pieces of debris for clues to the fate of Malaysia Airlines flight MH370, along with marine life found on two other items which “almost certainly” came from the lost jet. The latest two pieces—one found in South Africa and another on the Indian Ocean island of Mauritius—were brought to ...

  BEIRUT / AP Fighting intensified on Tuesday in northern and central Syria as government forces sought to repel rebel advances on a government stronghold. A chief opposition negotiator meanwhile said the conditions on the ground were not conducive to political talks. Rebels and activists reported fighting in rural parts of northern Latakia province, a government stronghold, one day after ...