South Korean regulators will order three consumer finance companies to suspend operations for three months as early as Feb. 14 after the nation’s biggest theft of data on credit card holders, an official said.
China’s government may cut the country’s annual growth target to 7 percent next year, although the actual pace of expansion will be higher, according to Fan Jianping, chief economist at a state research institute.
Sonny Gray pitched eight scoreless innings as the Oakland Athletics evened their best-of-five American League division series with the Detroit Tigers at one game apiece, while the Boston Red Sox took a two-game lead over the Tampa Bay Rays.
Kweichow Moutai Co. , China’s biggest liquor maker by market value, rose to the highest level in more than two years in Shanghai trading after a brokerage said the company may raise prices. Other liquor makers also gained.
China plans to open the Xisha Islands in the South China Sea to cruise-ship tourists ahead of the May Day holiday, Xinhua News Agency said, citing Tan Li, executive vice governor of the southernmost province of Hainan.
China Railway Construction Corp., the world’s biggest listed heavy-construction company, rose the most in six weeks in Hong Kong trading after announcing contracts worth a combined 21.5 billion yuan ($3.2 billion).