The United States would welcome a move by Japan to extend air patrols into the South China Sea as a counterweight to a growing fleet of Chinese vessels pushing Beijing's territorial claims in the region, a senior U.S. Navy officer told Reuters.
China's stock regulator has launched a fresh probe into brokerages which are lending money to investors to speculate on stocks, amid concerns that the country's share markets are becoming over-leveraged and vulnerable to a crash which could strain the banking system.
A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.
Sysco Corp (SYY.N), the biggest U.S. food distributor, may have to wait longer for its $8.2 billion deal to buy US Foods Inc [USFOO.UL] to be approved by regulators, the New York Post reported.
