Godrej Properties Ltd. has signed an agreement to develop a $625 million sea-facing residential project in Mumbai’s upscale Marine Lines neighborhood, underscoring sustained demand for luxury real estate in India.
A venture by Taiwan Semiconductor Manufacturing Co.’s smaller affiliate Vanguard International Semiconductor Corp. is considering a second chipmaking plant in Singapore to meet growing demand.

In an interview with The New York Times, South Korea’s president dropped a bold proposal for how to curb North Korea’s nuclear program.