Panama's banking regulator said on Wednesday it had seized the local unit of Banca Privada D'Andorra (BPA), as the lender's Andorra-based headquarters is being investigated by the United States government for possible money laundering.
The United States has asked Vietnam to stop letting Russia use a former U.S. base to refuel nuclear-capable bombers engaged in shows of strength over the Asia-Pacific region, exposing strains in Washington's steadily warming relations with Hanoi.
Chinese authorities have fined Procter & Gamble Co's Crest toothpaste division nearly $1 million for what regulators say is false advertising, a Shanghai watchdog said on Tuesday.
Foreign non-government organizations (NGOs) in China are bracing for a crackdown as the government prepares to pass a new law to regulate their activities, which critics fear could curb activism and drive out several groups.
