Magnus Peterson, the founder of the $600 million Weavering hedge fund that collapsed in the wake of the credit crisis in 2009, pleaded not guilty to 16 fraud-related charges at his London trial on Tuesday.
Commerzbank AG's (CBKG.DE) settlement with U.S. authorities over alleged sanctions violations has been postponed, possibly until the end of the year, as prosecutors seek to coordinate the resolution of a separate probe
Taiwan is considering stationing armed vessels permanently on a disputed South China Sea island, officials said, a move bound to renew friction in a region claimed almost wholly by China, with Vietnam already dismissing such a plan as "illegal".
Argentina's lawyers met with a court-appointed debt mediator on Wednesday, but they attended only as officers of the court rather than representing the country in its years-old legal battle with holdout hedge funds.
