China continued to set the traces for further convertibility of its currency by reportedly selling renminbi-denominated bonds to central banks in Malaysia and other Asian countries.
US regulators investigating the ‘flash crash’ that sent stock prices plunging last May have determined that no individual deliberately tried to disrupt the market.
The UK’s second-largest city, Birmingham, has reportedly been in talks with sovereign funds in Abu Dhabi and other Middle Eastern countries about a possible sale of its airport and other city assets.