Asia

Norges Bank, New York City, HSBC, Lockheed Martin, RAM, SPAA

INDIA - India's government has presented proposals in parliament that seek to give statutory power to the country's pension regulator, while omitting any mention of allowing foreign investment in the provision of old-age income.

ASIA - The variety of economies at different stages of development in the ASEAN bloc offers a compelling opportunity for institutional investors, Baring Asset Management believes.

JAPAN - Japan should not tap funds said aside for pension payments to fund disaster relief efforts, economics minister Kaoru Yosano has said.

JAPAN - Investors in Japan should look beyond the short-term impact of the crisis as the country will recover quickly due to its large foreign reserves, said Mark Mobius.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore.

EUROPE/JAPAN - Major European indices suffered triple-digit losses on Tuesday after a third explosion at Japan's Fukushima nuclear power plant raised fresh radiation fears and sparked a 1,000-point plunge on the Nikkei 225.

JAPAN - Nomura predicts the devastating earthquake and tsunami in Japan will cut between 0.5% and 1% off the country's GDP next quarter.

SOUTH KOREA/JAPAN/BRAZIL - South Korea's National Pension Service and Posco, the world's third-biggest steelmaker, will buy a combined 15% stake in a Brazilian niobium producer with a group of Japanese companies.