NEW DELHI (Dow Jones)--Monthly car sales in India surged to an all-time high in August as lower borrowing costs, introduction of new models and forthcoming festivals in an expanding economy lifted demand for cars from Maruti Suzuki India Ltd., Ford Motor Co., Tata Motors Ltd. and other auto makers.
SEOUL (Nikkei)--South Korea's National Pension Service is accelerating investment in overseas properties and infrastructure projects, indicating that the country's largest institutional investor is moving away from its conservative approach centering on domestic securities.
TOKYO (Dow Jones)--Japan's Foreign Minister Katsuya Okada said Thursday that Japan and India have broadly agreed to form a bilateral free trade deal.
SEOUL (Dow Jones)--The Bank of Korea Thursday kept its benchmark interest rate unchanged at 2.25%, pausing in its tightening cycle for a second straight month amid increased uncertainty about the recovery in the global economy.
WASHINGTON (Kyodo)--Akitaka Saiki, Japan's top envoy on the stalled six-party talks on North Korea's nuclear programs, is now visiting Washington for talks with U.S. officials, a State Department official said Wednesday.
