Appeals court reinstates civil antitrust suits against 16 banks accused of rigging Libor
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U.S. Lifts Long Embargo on Arms Sales to Vietnam
President Barack Obama, on a three-day visit to Vietnam meant to deepen ties through new economic and security initiatives, said the U.S. will fully lift a decadeslong ban on sales of lethal arms to the Southeast Asian country. 208
Tencent Seeks to Buy Majority Stake in Supercell
Tencent of China is in talks with SoftBank to buy the Japanese telecommunications giant’s majority stake in Supercell, the Finland-based maker of popular mobile games such as “Clash of Clans.”
China Investment Fund Makes Offer for German Chipmaker Aixtron
Chinese entrepreneur Zhendong Liu has made a takeover offer for German chip maker Aixtron, the latest sign of China’s growing appetite for European technology firms.
Far-Right Defeated in Austrian Presidential Poll
Independent former chairman of the Green Party Alexander Van der Bellen won Austria’s presidential election, defeating right-wing populist Norbet Hofer after mail-in ballots were counted.
Rate-Rise Worries Add to Iron-Ore, Steel Woes
China steel-rebar and iron-ore futures, already in a one-month slide, fell sharply on expectations of a U.S. interest-rate increase and fading domestic demand.
Taliban Reels From Leader’s Death
The killing of Mullah Akhtar Mansour in a U.S. drone strike sets off a succession struggle and puts further pressure on a group riven by factional struggles.
Germany’s Bayer Offers $62 Billion in Cash for Monsanto
German pharmaceutical and chemicals giant Bayer said it made an all-cash offer to acquire Monsanto for $62 billion, valuing the U.S. company at a substantial premium in a deal that would create the world’s largest agrochemicals company.
Hillary Clinton’s Lead Over Donald Trump Narrows
Republicans have rallied behind Donald Trump, helping him narrow Democrat Hillary Clinton’s lead to just 3 percentage points in a test matchup between the two likely nominees, a new Wall Street Journal/NBC News poll shows. 1196
Brexit Campaigners Spar With Treasury Over Economy
The opposing camps in the debate over the U.K.’s membership of the EU traded blows over the economy, with anti-EU campaigners criticizing an official analysis suggesting Britain could be plunged into a yearlong recession if Britons vote to leave the bloc.
Why Indian Prime Minister Narendra Modi Is in Iran
Indian leader is slated to sign deals to give India better access to Afghanistan and resource-rich Central Asia .
For Myanmar, End to U.S. Penalties Still a Murky Goal
Some Burmese businessmen wonder why they are still on the U.S. blacklist despite the recent easing of sanctions.
Versace Appoints Jonathan Akeroyd as CEO
Italian fashion house Versace appointed Jonathan Akeroyd as its new chief executive, replacing Gian Giacomo Ferraris.
Viacom CEO Files Suit to Block Changes to Redstone Trust
Viacom CEO Philippe Dauman and a board member have filed a lawsuit challenging their dismissals from the trust overseeing Sumner Redstone’s $40 billion media empire.
Ryanair Posts Profit Jump, Warns of Growing Pressure on Airfares
Ryanair posted a 43% rise in net profit in its latest fiscal year when the number of passengers passed 100 million for the first time, but warned that worries about terrorism could push falling airfares even further down.
Is It Time to Require Companies to Share Information About Cyberattacks?
Requiring companies to report data breaches might help strengthen cybersecurity for everyone. But if attacks and responses are kept secret, it may lead to quicker fixes and less reputational harm.
Should You Be Allowed to Prevent Drones From Flying Over Your Property?
Two legal experts debate privacy and safety vs. innovation in the question of whether property owners or the government should decide when and where drones can fly.
China Mobile-Payment Battle Becomes a Free-for-All
Internet giant Alibaba’s Alipay has had a lock on China’s huge mobile-payment market, but now rival Tencent is leveraging its WeChat app to increase its slice.
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Why the Virtual-Reality Hype is About to Come Crashing Down
Virtual-reality headset makers say 2016 will be the year of VR. Content-creators, however, tell a different story. VR isn’t ready for prime time.
New Chips Propel Machine Learning
Advances in microchips—particularly the graphics-processing units pioneered by Nvidia—are fueling growth in machine learning, a programming approach in which computers teach themselves without explicit instructions.
Falling Commodity Prices Weigh on Asia Resources Stocks
Japan’s share market slips amid a lack of consensus from the Group of Seven finance ministers and central bankers.
Bitcoin Catches On With Gold Bugs
Bitcoin is gaining traction with modern-day gold bugs who question the stability of paper currencies or worry about protecting their savings during the next financial crisis.
Investors Flee Europe
Fund managers are pulling cash out of European markets in response to the continent’s fractious politics, ultralow interest rates, weak banks and relentless economic malaise.
China’s S.F. Express to Use Merger in a Bid to Go Public
China’s S.F. Express, is seeking to go public via a merger with a listed rare-earths producer, by way of the increasingly controversial practice of backdoor listings.
Dollar Gains on Hawkish Fed Officials
The dollar rose modestly Monday after another set of comments from Federal Reserve officials suggested the central bank could raise rates in the coming months.
Video
China's Experiment With a Market-Rate Yuan
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Why Tencent Wants to Buy 'Clash of Clans' Creator
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Obama: U.S. Lifts Ban on Arms Sales to Vietnam
1:24Photos
Photos of the Day: Asia
Devotees make offerings to monks in Nepal, a tourist walks past a poster of US President Barack Obama in Vietnam, a dog covered in volcanic ash in a village, in Indonesia, and more.
‘Angry Birds’ Nests at Top of Box Office
“The Angry Birds Movie,” adapted from the mobile game of the same name, collected an estimated $39 million in first place at the North American box office this weekend.