Investors dialed back their expectations for an interest-rate increase this summer after a surprisingly weak U.S. jobs report on Friday. That marked a shift from recent weeks, when they had geared up for a rate rise following comments from Fed officials and minutes from the central bank’s last meeting.
Treasury Secretary Jack Lew chided China on Monday for allowing a glut of steel and aluminum to flood global markets, and urged Beijing to treat foreign companies with the same openness that Chinese firms often receive across the world.
There are a record nine women from China on the 2016 Power Women list, though German Chancellor Angela Merkel remains in the top spot.
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