A growing number of Chinese construction and decoration companies are writing off assets or issuing profit warnings as debt woes at China Evergrande Group and other property developers debilitate their suppliers.

Japan's Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world's biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany's Volkswagen AG.

Credit Suisse economists expect a further 50 basis point (bps) cut in China's reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting to ease policy while other countries are tightening.

SINGAPORE (Reuters) -DBS Group has agreed to pay S$956 million ($706.6 million) to buy Citigroup's consumer business in Taiwan, making the Singapore lender the largest foreign bank in Taiwan by assets as it bulks up regional acquisitions to power growth.

SINGAPORE (Reuters) -DBS Group has agreed to pay S$956 million ($706.6 million) for Citigroup's consumer business in Taiwan, making the Singapore lender the largest foreign bank in Taiwan by assets as it shores up regional acquisitions to power growth.

SINGAPORE (Reuters) -DBS Group has agreed to buy Citigroup's consumer business in Taiwan, paying S$956 million ($706.6 million) above the net asset value, making the Singapore lender the largest foreign bank in Taiwan by assets.