Ukraine’s opposition set up a clash with the ruling party over a proposed cabinet shakeup, bolstering demands for the ouster of Prime Minister Mykola Azarov after the biggest street protests in almost a decade.
China’s overlap of its new air zone with that of South Korea in the East China Sea has complicated its efforts to forge closer ties with President Park Geun Hye and gives her an incentive to further strengthen relations with the U.S.
Emerging-market stocks declined to a three-week low after better-than-estimated U.S. data bolstered speculation the Federal Reserve will reduce stimulus. South Africa’s rand slumped to the lowest level since 2009.
U.S. Treasury yields rose to an 11- week high and stocks fell a fourth day as signs of economic growth fueled concern the Federal Reserve will scale back bond buying. Copper, gold and crude oil led commodities higher.
China’s central bank gauged demand for tradable certificates of deposit among banks operating in the Shanghai free-trade zone and solicited suggestions for regulations, 21st Century Business Herald reported.