CHINA For the better part of a decade, wealthy Chinese tourists have been on a feeding frenzy for luxury brands, casinos and cruise lines. Now there are doubts about how long the buffet will last.
JAPAN Former Nissan chairman Carlos Ghosn’s release from detention nearly four months after his arrest has gripped Japan, giving the public a rare glimpse into how the criminal justice system works.
SINGAPORE is transforming its infrastructure to fend off competition from the seas to the skies. The island-city plans to begin operating its fifth terminal at Changi Airport, Asia’s second-busiest international aerodome, by 2030 to cater to growing travel demand.
FRANCE Cardinal Philippe Barbarin said he will offer his resignation to Pope Francis, after a court found him guilty of failing to report allegations of sexual abuse of minors by a priest. The Lyon court’s surprise decision was seen by alleged victims as a victory for child protection and a strong signal to the Catholic Church.
EU The European Central Bank took unexpectedly quick action to support a slowing economy, joining the U.S Federal Reserve and Chinese leadership in their attempts to counter worries about global growth. The central bank for the eurozone pushed back the earliest date for an increase in interest rates from current record lows.
US The bull market for U.S. stocks turns 10 years old this weekend, which puts it way past senior citizen status for a market run. It’s got the scars to prove it. Since rising from the rubble of the financial crisis in 2009, this bull market has faced several near-death experiences.
INTERNET After building a social network that turned into a surveillance system, Facebook CEO Mark Zuckerberg says he’s shifting his company’s focus to messaging services designed to serve as fortresses of privacy.
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