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Japan pledges $6 billion to Mekong nations as China prepares new bank

TOKYO (Reuters) - Japan said on Saturday it would extend around $6 billion in development aid to Mekong region countries, as China prepares to launch a new institutional lender seen as encroaching on the regional clout of Tokyo and ally Washington.

Business

New Credit Suisse CEO promises 'ruthlessly selective' review: FT

(Reuters) - Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by about 15 percent from its investment banking arm.

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Weight-loss surgery edges out lifestyle changes for type 2 diabetes

(Reuters Health) - People with type 2 diabetes who have weight loss surgery are more likely to have significant improvements in their diabetes three years compared to diabetics who try lifestyle changes, a small new study suggests.

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