U.S. President Barack Obama said Washington is concerned China is using its "sheer size and muscle" to push around smaller nations in the South China Sea, drawing a swift rebuke from Beijing which accused the United States of being the bully.
The U.S. and Cuban foreign ministers sat down for talks on Thursday night in the highest-level meeting between the two sides since the early days of the Cuban revolution more than half a century ago.
A panel of investor advocates said on Thursday they were developing a proposal for U.S. securities regulators that will make it easier for retail investors to conduct online background checks of financial professionals before hiring them.
Deutsche Bank AG, which faces allegations that it tried to rig the Libor benchmark interest rate, could settle with U.S. and UK authorities as early as this month, a source familiar with the matter said.
