China opposes all forms of protectionism, commerce minister says

BEIJING (Reuters) – China opposes all forms of protectionism and will firmly safeguard the world’s multilateral trading system, its commerce minister wrote on Monday in the ruling Communist Party’s official newspaper.

Toshiba still aiming to complete sale of memory chip unit soon

TOKYO (Reuters) – Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May.

Asia stocks subdued by rising yields, earnings deluge

SYDNEY (Reuters) – Asian stocks started in muted fashion on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approached peaks that had triggered ructions in the past.