China bank failure fires quiet warning shot

Beijing will let Baoshang Bank go under in the first such insolvency since 2001 – a quiet warning shot fired at Chinese financial markets. The liquidation of the municipal lender, used as a piggy bank ... ( read original story ...)

Hong Kong pro-democracy tycoon Lai arrested

Hong Kong pro-democracy tycoon Jimmy Lai has been arrested for suspected collusion with foreign forces, his aide has said.Mark Simon said the businessman was held under the controversial national ... ( read original story ...)