China’s Amazon railway plan advances
A Chinese scheme to build a railway across South America, crossing the Amazon rain forest, moves a step closer as Peru agrees to study the plan.
Email error reveals bank’s EU project
The Bank of England confirms it is researching the financial risks of the UK leaving the EU after it “inadvertently” sent details of the project to the Guardian newspaper.
US Senate backs ‘fast-track’ on trade deals
U.S. President Obama scored a major victory Friday when the Senate voted to give him “fast-track” powers that would help wrap up TPP negotiations.
Tensions rise after US flies over Chinese sea project
China is unhappy that the U.S. Navy is watching a reclamation project in the Spratly Islands, a group of reefs in the South China Sea. The NYT reports.
Myanmar state says not responsible for migrant crisis
The head of the Myanmar state from which thousands of Rohingya Muslims are fleeing denied that persecution had prompted the exodus.
IMF to BOJ: You are too optimistic on Japan
The International Monetary Fund warned the Bank of Japan will take longer than it expects to hit its inflation target even with more monetary easing, and said “bolder” reforms are required.
Hanergy’s plight puts passive investors in spotlight
The blistering sell-off in Chinese solar firm Hanergy Thin Film Power this week burnt index-tracking stock funds, exposing the flaws in markets like China.
Bayer CEO: The world needs an antibiotics bailout
In the world’s fight against superbugs, Bayer CEO Marijn Dekkers sees the need for a global antibiotics bailout.