China's securities regulator
will encourage share buybacks and mergers & acquisitions by
listed firms, it said in a statement on Tuesday responding to
market concerns about recent sharp moves in markets.
Japan's Eighteenth Bank Ltd
and Shinwa Bank have decided to postpone their planned
merger by six months to prepare for a change in the local
calendar with the abdication of the emperor next year, the
Nikkei business daily reported on Tuesday.