The Securities and Exchange Commission reportedly has opened a bribery investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win lucrative business. JPMorgan says it is fully cooperating with investigators.
People enjoy the sun next to Pont Neuf bridge as "Paris Plage, or Paris Beach, opens along the banks of the Seine river in Paris, on July 20. The annual free event brings a half-mile of beach into the heart of the French capital.
Credit Christian Hartmann / Reuters /Landov
Tourists and Parisians alike cool down under jets of water at Paris Plage on the right bank of the Seine, on Aug. 1.
It's a hot day in Paris and kids run in and out of giant sprinklers set up on the banks of the Seine river not far from Notre Dame cathedral at a place called Paris Beach, or Paris Plage.
Among the wet, excited children are the Obadjia sisters — 4-year-old Judith and 7-year-old Eve. The girls say they come to this magic place every year with their mother and brother, crossing town in a bus to get here.
"I love Paris Plage because we can watch the boats go by," says Judith.
"And when it's hot we can cool off here in the sprinklers," adds big sister Eve.
Chinese artist Ai Weiwei's six iron boxes are part the 55th edition of the Venice Biennale of Arts in Venice, northern Italy. The work on display is called S.A.C.R.E.D. The four initials standing for supper, accuser, cleansing, ritual, entropy and doubt, and referring to Ai Weiwei time 81 days in detention in 2011.
Credit Domenico Stinellis / AP
One of Ai Weiwei's dioramas shows guards leading him into his small cell where he spent 81 days in solitary confinement.
Chinese dissident artist and architect Ai Weiwei is an outspoken critic of China's record on human rights. This year, Beijing prevented him from traveling to Venice for the first exhibition of a deeply autobiographical work. His most recent installation is an excruciatingly detailed depiction of the period he was held in solitary detention.
In a quiet corner close to a canal, Sant'Antonin is a typical 17th century Venetian church. But inside, the contrast between the paintings of old masters and the contemporary exhibit is stark.
Originally published on Sun August 18, 2013 3:49 pm
The Securities and Exchange Commission has launched an investigation of JPMorgan Chase's operations in China, reportedly looking into whether the investment bank hired the children of high-ranking Chinese government officials in an effort to secure business.
The Wall Street Journal quotes from an SEC filing that says U.S. regulators are investigating "business relationships with certain clients."
Originally published on Sun August 18, 2013 3:14 pm
North Korea has agreed to talks with the South to resume cross-border reunions of families separated for decades by the most militarized border in the world.
On Sunday, a spokesman for the Pyongyang's Committee for the Peaceful Reunification of Korea, said it had agreed to talks, hosted by the Red Cross, that are to take place on Sept. 19 at North Korea's Diamond Mountain resort.
In the past, temporary thaws in bilateral relations have allowed some families separated by the 1950-53 Korean War to meet briefly at the border.
Originally published on Sun August 18, 2013 3:22 pm
China's Bo Xilai, the one-time Communist Party chief of Chongqing who is accused of bribery, corruption and abuse of power, will go on trial this week in the culmination of a case that has highlighted wrongdoing in the top rungs of the country's political ranks.
Mourners attend the funeral of Ammar Badie, son of the Muslim Brotherhood's Supreme Guide, at the Katameya cemetery in the New Cairo district on Sunday. Badie was killed in clashes with security forces.