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.
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.