JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market.
Money transfer company Xoom Corp said $30.8 million was fraudulently transferred to overseas accounts, sending its shares down as much as 17 percent in extended trading.
China has protested to the United States after Taiwan's de facto embassy in Washington hoisted a Taiwanese flag on New Year's Day, and urged the United States to respect the "One China" policy, the foreign ministry said on Monday.