Shanghai warned children and the elderly to stay indoors for a second day as air quality in China’s commercial hub improved marginally from the worst levels since authorities started tracking pollution levels last year.
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.
Asian stocks weakened after minutes of a Federal Reserve meeting signaled bond purchases may be cut sooner than expected, erasing earlier gains made after China outlined its broadest economic reforms since the 1990s.
China’s plan to allow the market a greater role in initial public offerings hinges on stamping out a raft of practices that deceive investors, from lax underwriting standards to executives who falsify earnings to obtain higher valuations.
On Jan. 1, Latvia will adopt the euro, and its lats currency will be no more. Farewell to the bearded Krisjanis Barons, the collector of folk songs who graces the 100-latu note. The Baltic nation is shucking a piece of its heritage because its leaders predict joining Europe’s common currency zone will lead to more trade and prosperity.
The U.S. government’s China expert for an economic espionage criminal trial copied verbatim from Wikipedia large portions of a report summarizing his proposed testimony and should be disqualified, defense attorneys said.
Citic Securities Co. shares rose the most this year, leading gains among Chinese brokerages as the government flagged policy changes that portend the end of a 14- month ban on initial public offerings.