Asia and Europe Follow Wall Street Down, But Individual Stocks Outperform

The lender insists its capital meets regulatory requirements. If that changes, it could be a test case for new European laws empowering regulators to put the squeeze on creditors.

Pressure mounts on Germany's largest bank as Focus magazine reports Chancellor Merkel refused to mediate in negotiations over a $14 billion DoJ fine and rules out financial aid.

The Australian miner is in dispute with Canberra over $772 billion of back taxes, mostly relating to a marketing business which routes sales through Singapore. It may go to court.

SoftBank leads a $750 million funding round for the Singapore-based ride-hailing platform, declaring it the clear winner in a region which Uber is also targeting.