Hon Hai is lowering its long-term target for annual sales growth to 15% from twice that level previously, Chairman Terry Gou said.

For billionaire investor Nicolas Berggruen, signing a deal to acquire insolvent German retailer Karstadt was only half the battle.

Afghanistan's government inched closer to bailing out the country's largest bank, setting aside hundreds of millions of dollars that could be used to keep Kabul Bank solvent, officials said.