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An investor checks stock information with a computer at a brokerage house in Hefei

Asian Markets Rise Amid US Budget Agreement Expectation

Most of the Asian markets rose Monday as investor sentiment turned positive amid hopes that the U.S. congressional leaders will come to an agreement with President Barack Obama in taking the measures to overcome the lingering fiscal cliff.
Fake LVMH Handbag

Chinese Police Arrest 73 In Counterfeit Luxury-Bag Ring

Acting on intelligence gathered during a joint investigation by Chinese and U.S. law-enforcement authorities, Chinese police on Sunday arrested 73 people who are suspected of being involved in the counterfeit luxury-bag trade across national borders.

Ikea 'Regrets' Using Forced Labor In Former East Germany

The Ikea Group has apologized for using forced labor in the former German Democratic Republic to manufacture certain products. The company acknowledged it was aware of the forced-labor conditions and profited from the practice.

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