China Stocks Surge 3.4%


SHANGHAI — Chinese stocks surged 3.4% Monday to record their best one-day gain this year, with banks leading the charge higher on signs authorities may allow more lenders to recapitalize and as more evidence emerges that the economy is improving. The rise extends a two-month rally in the benchmark Shanghai index to 12% as the world’s second-biggest economy emerges from a first-half…

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Muzaffarnagar clashes: 28 dead in India as police investigate role of politicians in violence

Police in northern India are investigating the role of six politicians they believe may have been responsible for inciting violence between members of different religious communities that has left at least 28 people dead. Hundreds of troops and paramilitary police have been dispatched to the town of Muzaffarnagar, located around […]