Sectors
Japan pledges $6 billion to Mekong nations as China prepares new bank
Japan said on Saturday it would extend around $6 billion in development aid to Mekong region countries, as China prepares to launch a new institutional lender seen as encroaching on the regional clout of Tokyo and ally Washington.
China market meddling risks denting Beijing's international ambitions
China's response to wild swings in its stock markets risks an embarrassing setback to the country's push to internationalize its financial system, according to investors.
Oil slides in thin trade on rising U.S. rig count
Oil prices dropped on Friday as a rising U.S. rig count stoked more concerns about global oversupply while an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market.
JetBlue launches New York-to-Havana charter flights
JetBlue Airways Corp said it began direct charter flights between New York and Havana on Friday, the first major U.S. carrier to fly the route following U.S. President Barack Obama's decision in December to normalize relations with the Communist-ruled island.