SYDNEY, Nov 24 (Reuters) - Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the prospect of further policy stimulus in China and Europe whetted risk appetites globally while sending the euro skidding.
Brent crude rose for a third day amid signs that Iran will seek an output cut at OPEC's meeting this week and after China unexpectedly reduced interest rates.
DETROIT - A judge overseeing Detroit's bankruptcy is holding an important hearing, more than two weeks after approving the city's plan to step out of the largest public filing in U.S.
Colorado voted to allow pot sales for medicinal purposes in 2000. The industry didn't take off, however, until President Barack Obama took over in 2009 and concerns about federal enforcement eased.
Emerging-market stocks rose for a fifth day as China's unexpected interest-rate cut spurred the biggest rally in Hong Kong-traded mainland companies in a year.