A wave of foreign-exchange intervention by Japan estimated at more than $20 billion sent the dollar sharply higher against the yen, a successful beginning to what appears to be a campaign by Tokyo to stop a soaring yen.
Tough Times for Foreign Banks in China
Earnings plunged last year at foreign banks operating in China even as their Chinese counterparts posted double-digit gains, illustrating the challenges in a market many see as a driver of growth.
Would You Like Flies With That? Bug Eaters Try to Get Some Buzz
Marc Dennis, a 45-year-old painter and associate art professor, has a challenge: convincing others that bugs are tasty, and good for you, too—high in protein, low in fat and good for the environment.
