UBS (UBSG.VX) will pay $545 million to U.S. authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.
Iran's Supreme Leader Ayatollah Ali Khamenei said on Wednesday Tehran would not accept "unreasonable demands" by world powers during negotiations over its disputed nuclear program, and ruled out letting inspectors interview its atomic scientists.
Congressional investigators have issued a subpoena demanding that former Clinton White House adviser Sidney Blumenthal testify next month before the House of Representatives committee investigating the 2012 attack on U.S. diplomatic facilities in Benghazi, Libya.
China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.S. Deputy Secretary of State Antony Blinken told a conference in Jakarta.
