China sent planes over a new air defense zone off its eastern coast for a second day, asserting Communist Party leaders’ determination to enforce control over the area after challenges from the U.S., Japan and South Korea.
Two unarmed American B-52 bombers flew through disputed areas of the East China Sea covered by China’s new air defense zone, a show of support for Japan as Prime Minister Shinzo Abe seeks to expand his nation’s military.
China traded barbs with the U.S. and Japan over its newly announced air defense zone in the East China Sea as escalating tensions between Asia’s largest economies risked damaging a resurgence in trade.
South Korea won’t accept the Japanese government’s push to reinterpret its pacifist constitution to broaden the reach of its military in a policy known as collective self defense, Vice Defense Minister Baek Seung Joo told Yonhap News.
US Airways Group Inc. rose to the highest close since federal antitrust regulators sued to block the planned merger with AMR Corp.’s American Airlines, a sign of investor optimism that the deal will occur.