CORRECTED-CHINA DEFENCE MINISTRY: XIANGSHAN FORUM WILL BE HELD MAY 7-9 (NOT 5-7)

Citigroup is seeking to capitalize on Japan’s economic revival, targeting double-digit revenue growth in client-driven businesses and aiming to rank among the top three foreign banks, Country Officer Robert Nakamura said. The push comes as earnings at its local brokerage arm rise and headquarters leans on Japan for growth. Nakamura said increased interest in the market has created logistical challenges in staffing, even as the bank expands its presence.

QUALCOMM: TD COWEN RAISES TARGET PRICE TO $200 FROM $150