U.S.

GSK probe reveals bribes and lies

The bribery investigation of GlaxoSmithKline (GSK, quote) China (FXI, quote)  has been completed and the case handed over to prosecutors, Changsha police said on Wednesday.

 China's April fiscal revenue rises 9.2 pct

China’s fiscal revenue climbed 9.2 percent year on year in April to reach 1.25 trillion yuan (202.92 billion U.S. dollars), the Ministry of Finance said on Monday.

Where next for the US dollar?

Following continued bullish momentum for many of the major currency pairs, these are now approaching key technical levels, which if breached could prove to be the tipping points for some sustained and longer term trends to develop.