Bloomberg
Bloomberg
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SoftBank to sell $8-bn Alibaba stake
Arora spearheading the move to re-examine the tech company's portfolio; SoftBank has indicated that games aren't a core part of its biz
 "SoftBank to sell $8-bn Alibaba stake")
OPEC ministers say oil market moving in right direction
Some of the world's biggest oil traders said accelerating demand is also helping to rebalance the market
 "OPEC ministers say oil market moving in right direction")
Rajan tells govt he does not want a second term: Report
Senior govt official denies any such discussion took place
 "Rajan tells govt he does not want a second term: Report")
Monsoon delay has farmers on edge after 2 droughts
Monsoon rains that usually arrive this time of year should help, but the government says they will be at least a week later than normal
 "Monsoon delay has farmers on edge after 2 droughts")
Chinese stock futures plunge 10% in a minute
Unexplained drop follows similar move in Hong Kong this month
 "Chinese stock futures plunge 10% in a minute")
 "Buffett awaits $8 billion of 'bad news' with Kraft Heinz payment")
AirAsia gets $1 -billion offer to sell leasing company
The airline intends to divest the business at some point, says CEO
Rally at risk as UBS sees earnings as 'glass half empty'
The market is getting "carried away" and will sputter once the buoyancy in global equities ebbs, Chhaochharia said
 "Rally at risk as UBS sees earnings as 'glass half empty'")
Sensex rises to 7-month high
The Sensex added 0.3 per cent at the close in Mumbai, extending last week's 5.3 per cent rally, the steepest since March
Bond traders say don't count out June hike after Yellen remarks
Yellen's remark that the Fed will raise rates "probably in the coming months" drove benchmark two-year note yields higher for a third consecutive week
 "Bond traders say don't count out June hike after Yellen remarks")
Japan may delay raising sales tax
PM Shinzo Abe has said he'll make a decision before an upper-house election on whether to go ahead with a planned increase in the levy next April to 10%
 "Japan may delay raising sales tax")
Chinese rail giant to raise up to $1.8 billion in share sale
China is home to one of the world's largest high-speed train networks
 "Chinese rail giant to raise up to $1.8 billion in share sale")
Bayer to choose banks for Monsanto offer
Bayer will probably raise over $40 billion in short-term bridge financing and most of the remainder in term loans
 "Bayer to choose banks for Monsanto offer")
Wanda unveils new theme park to take on Disney
Located in Jiangxi province, the park is spread across 2 sq km
 "Wanda unveils new theme park to take on Disney")
Apple's flirtation with Time Warner hints at Hollywood ambitions
Time Warner, with a market capitalisation of more than $55 billion, would be a difficult purchase for Apple to make, analyst James Cordwell said
Tim Cook-like pay for SoftBank's Nikesh Arora
Compensation makes him one of the top-paid executives in Japan
 "Tim Cook-like pay for SoftBank's Nikesh Arora")