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South Korean firm Daewoo says it has leased a vast tract of land in Madagascar, which will produce half of its corn supply by 2023.

Japan's Mazda Motor spends 17.8bn yen to buy back almost 7% of its shares from troubled US carmaker Ford Motor.

The head of Japan's leading brokerage, Nomura Holdings, suggests that the global liquidity crisis is over.

Australia's biggest investment bank, Macquarie Group posts a sharp drop in its first-half profit but said it did not need to raise cash.

Japanese banking giant, Mitsubishi UFJ Financial has posted a 64% drop in its second-quarter profit but reiterated its lowered full-year forecast.

Shares in Mazda Motor jump 6.4% on reports that US carmaker Ford Motor may sell a 20% stake in the Japanese company.

Struggling General Motors is selling its 3% stake in the Japanese carmaker Suzuki for $230m (£156m) to raise cash.

Japan's economy falls into its first recession since 2001 after shrinking by 0.1% in the July to September quarter.

Small firms in Osaka hope to weather economic storm

The head of the IMF says it needs more funding, as Japan announces its economy has slipped into recession.