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| China charges former senior military officer with graft - Xinhua |
| Tuesday, April 01, 2014 3:09 AM | |
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| China has charged former senior army officer Gu Junshan with corruption, state news agency Xinhua said, in what is likely to be the country's worst military scandal since a vice admiral was jailed for life for embezzlement in 2006. In a renewed campaign on graft, Chinese President Xi Jinping has vowed to go after both powerful "tigers" and lowly "flies", warning that the issue is so severe it threatens the ruling Communist Party's survival. Gu has been charged with corruption, taking bribes, misuse of public funds and abuse of power, Xinhua said on one of its official microblogs on Monday. He will be tried by a military court, it added. |
| FBI investigating high-speed trading outfits |
| Tuesday, April 01, 2014 2:33 AM | |
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 REUTERS - U.S. federal agents are investigating whether high-speed trading companies violate U.S. laws by using fast-moving market information not available to other traders, a FBI spokesman confirmed on Monday. Launched by the Federal Bureau of Investigation about a year ago, the investigation called the High-Speed Trading Initiative, is still in its primary stages, a senior FBI official and an agency spokesman told the Wall Street Journal, which first reported the story. The spokesman who spoke to the Journal said high-speed trading based on information about orders that other investors do not have access to and hence putting them at a disadvantage could violate insider-trading laws. Separately, an FBI spokesman, who did not want to be identified by name, told Reuters the agency was probing high-frequency traders front-running others' trades by getting to exchanges first, among other areas.
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| New Mexico governor urges calm after violent protests |
| Tuesday, April 01, 2014 1:06 AM | |
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| By Joseph Kolb ALBUQUERQUE (Reuters) - New Mexico's governor urged calm on Monday after weekend protests over the police shooting of a mentally ill homeless man in Albuquerque turned to scuffles and ended with shots of tear gas into the crowd. Four people were charged with disorderly conduct as a result of Sunday's melee, during which the online activist hacker group Anonymous was suspected of also disrupting the police department's website, city spokeswoman Breanna Anderson said. Sunday's scuffles followed a rally to protest what critics call excessive use of lethal force by the Albuquerque police, an issue the U.S. Department of Justice has been investigating since 2012. Protesters ended up throwing stones at the police after a rally triggered by the March 16 killing by Albuquerque police of a homeless man named James Boyd. |
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