JAPAN

Mitsubishi Motors Corp said on Friday it is aiming to boost its sales by 44 percent this year in the booming China market, with a target to more than double sales there in 2015 from last year's levels.

A Morgan Stanley real estate fund won an agreement with lenders for a 60-day extension on about $2.4 billion in loans used in a troubled hotel investment in Japan, two sources with knowledge of the deal said.

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.

Morgan Stanley has won an agreement with creditors on a 60-day extension on 225 billion yen ($2.41 billion) in loans used for a troubled investment in hotels in Japan, two sources with knowledge of the deal said.

Stop-loss selling hammered the euro to a one-year low on Friday on heightened speculation Greece would have to seek a bailout to avoid default, while Asian shares fell, dragged down by resource and financial stocks.

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.

Japan can meet a 2020 goal of cutting greenhouse gas emissions by 25 percent from 1990 levels solely by policies that spur households and businesses to adopt low-carbon technologies, according to an environment ministry report.

Philip Morris International , which sells Marlboro cigarettes and other brands internationally, posted a lower-than-expected quarterly profit, hurt by a tax increases and a weak economy in parts of Europe.

Moody's cut its credit rating on Toyota Motor Corp by one notch, predicting a long slump in profitability and potential litigation costs for a massive recall that has tarnished the Japanese automaker's brand.

Financial markets ticked over hesitantly on Thursday with investors digesting mixed U.S. earnings results and waiting for the next move in Greece's debt crisis.

Asian stocks fell on Thursday as several major U.S. firms issued disappointing outlooks, casting doubts on the strength of a global recovery, and as investors grew impatient for action on Greece's debt crisis, weighing on the euro.

McDonald's Corp is muscling in on business from other fast-food chains and turning up the heat on coffee chain Starbucks Corp by expanding its lower-priced roster of competing drinks.

Coca-Cola Co Chief Executive Muhtar Kent sought to ease concerns by the Teamsters union that the company's acquisition of the North American operations of Coca-Cola Enterprises would result in fewer jobs.

Quality of school books hit by changes Constant tweaking of maths syllabus mean textbooks are 'less coherent' than in Asia

McDonald's Corp reported a better-than-expected quarterly profit as its coffee business boosted U.S. sales, and the hamburger chain said its global sales momentum was continuing into April.

McDonald's Corp reported quarterly profit on Wednesday that beat analysts' forecasts as its U.S. business picked up in March and global sales were keeping up their momentum in April.

Strong earnings from tech stock Apple and other U.S. companies helped lift global stocks on Wednesday, boosting tech-heavy markets in Asia and feeding optimism about the global economic recovery.

A technology-inspired rally lifted Asian stocks on Wednesday, after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro suffered more falls on fears over debt-stricken Greece.

Asian stocks rose on Wednesday, led by gains in tech shares after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro struggled as worries mounted about debt-stricken Greece.

Apple Inc's results blew past Wall Street expectations on the back of record iPhone sales, and the company gave a strong revenue forecast, sending its shares up more than 5 percent to an all-time high.

The high-speed mobile version of Apple Inc's iPad will hit store shelves on April 30, and international pricing for the tablet computer will be spelled out on May 10, the company said on Tuesday.