InsideClimate News -- Thanks to climate change, extreme weather disasters have hammered the United States with increasing frequency in recent years—from drought and wildfires to coastal storms and flooding.
Most Chinese stocks rose as Shanghai-based companies rallied on speculation the local government is speeding up state-owned enterprise reform to boost profitability. Benchmark indexes were little changed as investors waited for the outcome of a policy conference.
Chinese President Xi Jinping put his most personal stamp yet on sweeping policy shifts in the world’s second-largest economy, ushering the end of a decade of consensus-based decision-making that saw reforms stagnate.
Bank of Japan board members said the central bank should avoid getting too involved in the allocation of capital in its latest effort to spur lending and economic growth, a record of their April 30 meeting showed.
Republicans on a U.S. House panel confronted State Department officials over the attack on the U.S. consulate in Benghazi, Libya, saying they failed to provide enough security beforehand and then joined in blaming the incident on an anti-Islam Internet video.