Business

Seeking growth overseas

SMBC to buy loan portfolio from GE European finance unit

TOKYO -- Sumitomo Mitsui Banking Corp. has agreed to buy loans from a financial unit of General Electric for about $2.2 billion to boost business opportunities overseas. By purchasing loans involving about 100 companies from GE Corporate Finance ...

Asean Business File

Emperador in global push: Philippine brandy-maker expects 35% revenue growth

MANILA -- Emperador, which claims to be the world's largest brandy-maker by volume, plans ...

Property

Real estate boom: Tokyo is Asia's hottest investment destination

TOKYO -- Tokyo is Asia's hottest city for real estate investment, in terms of offices, ret...