The pilot program will be expanded to include Shanghai, Chongqing and Beijing, as well as six other provinces and municipalities, according to the People's Bank of China.
The industrial giant is in advanced talks to sell a specialty finance portfolio, a person familiar with the matter said.
U.S. stocks wavered for most of the day Friday, but ended the week in the green.
Meanwhile, Miranda Lambert has been enjoying her single life and has not responded to rumors surrounding her ex-husband.
Investors were buoyed by the minutes of the U.S. Federal Reserve's September meeting that cast doubts over the chances of a rate hike this year.
Upwardly mobile Indians, with their smartphones and cars, are increasingly comfortable spending more on eating out. This bodes well for ambitious cafe chains.
A jump in oil prices also contributed to early gains Friday.
"It is not the kind of economy in which you can make a mistake," Bank of England Gov. Mark Carney told meeting attendees in Peru.
The suit had accused Citi of engaging in "red lining," or restricting credit in minority neighborhoods, and "reverse red lining," or targeting minorities for high-cost loans.
Whether the company put more money on the table or if the same amount of spending in the previous agreement was reshaped was unclear.
Pimco managing directors were "driven by a lust for power, greed, and a desire to improve their own financial position and reputation," Bill Gross asserted.
Millennials concerned about profiting from environmental havoc or sweatshop labor have many alternative retirement savings options.
News hit investors Thursday that Credit Suisse was seeking extra risk-absorbing capital, a day after Deutsche Bank announced massive writedowns.
Federal Reserve officials delayed an interest rate increase in September because of growing risks to their outlook for economic growth.
Companies looking to hire more graduates are driven by higher employee turnover and more baby boomers retiring.
A California lending company, founded by three ex-Googlers, is trying to help borrowers in their 20s and 30s secure more affordable loans, but their methods are under scrutiny.
Asian and European stocks traded mostly lower though Chinese stocks surged in a post-holiday catch-up session, while U.S. stock futures pointed to a weak opening.
Chinese stocks rebounded, taking heart from the slowing pace of the fall in reserves, as investors returned to the markets after a week-long break.
Southeast Asia's largest economy is struggling as demand for commodities is damped by China's slowdown.
Chinese stock markets, hit by wild swings in recent months due to growth and policy worries, were set to reopen after being shut since late September.
Their report was produced in response to a British government request for an evidence-based report to inform future policy decisions.
Closure of the deal is subject to approval from a majority of shareholders of Journal Media Group and antitrust regulatory clearance.
The layoffs would affect 11.6 percent of Monsanto's regular workforce, according to the company.
The Federal Trade Commission may extend the timeline for approving the deal in the U.S. after EU regulators launched an investigation last month.
North American’s largest hardwood floor seller agrees to plead guilty and pay a fine over importing Russian wood harvested illegally.
A meld of the world’s top two brewers -- Anheuser-Busch InBev SA and SABMiller Plc -- would raise antitrust questions from China to Argentina to the U.S.
Major purchasers of U.S. Treasurys are now selling the bonds to raise money amid a global slowdown.
A rise in U.S. crude inventories offset previous forecasts for falling production.
Across Asia, energy shares closed higher, while in Europe, major indexes were up for the fourth straight session. U.S. stock futures pointed to a positive opening.
The move, which was widely expected, came amid growing signs of recession in the Japanese economy and continuing worries over deflation.