Japanese stocks fell sharply early Monday, leading declines in the rest of Asia, on the yen's surge to a new 1½-year high against the dollar, weak earnings results from several firms and selling after the Bank of Japan 8301 5.48 % 's inaction on Thursday.
SAN JUAN, Puerto Rico -- Gov. Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S.
With new data suggesting that China's economy stabilized in April amid a property recovery and credit surge, analysts say there is little need for stepped-up monetary easing in the immediate future.
Chinese sports brand Uncle Martian's logo has been criticised for being too similar to that of Under Armour's. Photo: AFP.
Retirees often struggle with the complexity of deciding if it is worth delaying social security payments to receive a larger benefit.