Under Ground Bank

Chinese authorities have uncovered an "underground bank" which illegally transferred money overseas in a case valued at $64 billion, said to be the country's largest ever, according to a police statement.

Escalating tensions in Ukraine kept riskier assets under pressure, with the top share index in Germany -- whose corporate sector has strong trade ties with Russia -- extending initial losses on reports Russian troops had crossed the border to fight alongside separatists.

Hundreds of flies buzzed busily around uncollected garbage strewn along the main road. Home and shop owners seemed to have had just enough time to lock their homes and leave their town in an eerie silence. The ground under the helipad - belonging to a company that ferried rich pilgrims to Hemkund Sahib and right near the banks of the Alaknanda - ha...

Chinese authorities have uncovered an "underground bank" which illegally transferred money overseas in a case valued at $64 billion, said to be the country's largest ever, according to a police statement.

Escalating tensions in Ukraine kept riskier assets under pressure, with the top share index in Germany -- whose corporate sector has strong trade ties with Russia -- extending initial losses on reports Russian troops had crossed the border to fight alongside separatists.

Hundreds of flies buzzed busily around uncollected garbage strewn along the main road. Home and shop owners seemed to have had just enough time to lock their homes and leave their town in an eerie silence. The ground under the helipad - belonging to a company that ferried rich pilgrims to Hemkund Sahib and right near the banks of the Alaknanda - ha...