Bank of Beijing Co Ltd board director Lu Haijun is under investigation for serious disciplinary violations, the bank said, the latest high-ranking banker to fall under scrutiny as China's anti-corruption drive turns to the finance sector.
Cuba warned the United States on Monday that it wants American diplomats to scale back aid for Cuban dissidents before the two countries can reopen embassies in each other's capitals.
In making a blaze of largesse and the dismissal of relatively liberal clerics two of his first acts as monarch, Saudi Arabia's King Salman has signaled his approach to big future challenges may differ from that of his liberalizing late brother.
Standard & Poor's has reached a $125 million settlement with California's public pension system, Calpers, to resolve a case involving inflated grades of residential mortgage deals that later faltered, the Wall Street Journal reported, citing people familiar with the situation.
