An aerial photo taken though a glass window of a Philippine military plane shows the alleged on-going land reclamation by China on mischief reef in the Spratly Islands in the South China Sea, west of Palawan, Philippines, May 11, 2015.  REUTERS/Ritchie B. Tongo/Pool

U.S. signals tougher stance over South China Sea

WASHINGTON - By releasing video of Beijing’s island reclamation work and considering more assertive maritime actions, the U.S. is signaling a tougher stance over the South China Sea and trying to spur Asian partners to more action.  Full Article 

Dollar momentum wanes, China stocks take heavy tumble 5:25am EDT

LONDON - The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat.

A rescue worker scans a flooded area in south Houston, Texas May 26, 2015.  REUTERS/Daniel Kramer

Hundreds evacuated in Texas

AUSTIN, Texas - Hundreds of people were ordered to evacuate flood-threatened areas of Texas as torrential rains battered the state, where at least 15 people have been killed in weather-related incidents this week, including six in Houston.  Full Article 

Tanks are seen on a freight train shortly after its arrival at a railway station in the Russian southern town of Matveev Kurgan, near the Russian-Ukrainian border in Rostov region, Russia, May 26, 2015. REUTERS/Maria Tsvetkova

Russia masses firepower on Ukraine border

KHUTOR CHKALOVA, Russia - Russia's army is massing troops and hundreds of pieces of weaponry, including mobile rocket launchers, tanks and artillery, at a makeshift base near the border with Ukraine.  Full Article | Gallery 

Stacks of former U.S. President Abraham Lincoln on the five-dollar bill currency are seen at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron

Star investors hit by rocky yields, currencies

NEW YORK - Some of the biggest names in the investment world have been whipsawed by the recent rise in global yields and the strength in the euro against the dollar, with investors bracing for more sharp moves later this year stemming from central bank actions.  Full Article 

A combination photo shows eight of the nine football officials indicted for corruption charges in these file photos. REUTERS/Staff/Files

Questions arise about banks' role in FIFA case

WASHINGTON - A raft of banks could face tough questions in the sweeping crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the U.S. banking system.   Full Article 

The golden path to flashing cash in China

From tech to lingerie, gold is appearing in more and more up market products targeting newly rich Chinese consumers with a penchant for flashing their cash.