Chinese police have frozen two bank accounts held by Trafigura, one of the world's three largest private oil and metals traders, as the authorities investigate an alleged $32 million gasoline trade fraud, according to three sources.
The European Union's second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector.
U.S. regulators on Tuesday asked for more time to react to a complaint by MetLife (MET.N) over their decision to subject the insurer to tougher oversight, and requested a judgment in the lawsuit early next year.
Palestinian leaders began a two-day meeting on Wednesday at which they could decide to suspend security coordination with Israel, a move that would have a profound impact on stability in the occupied West Bank.
