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September, 25, 2016

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Business
A key gauge of China's debt has reached its highest level on record, setting off alarm bells of imminent risk to the banking system, a Swiss banking watchdog reported.
 > China
 
Galaxy Note 7 replacement scheme starts in South Korea
Samsung rolled out replacements for Galaxy Note 7s plagued by exploding batteries in South Korea on Monday, but only a handful of customers appeared to have taken the opportunity to swap their handsets.
 
Samsung said Monday it is investigating reports that two Galaxy Note 7 smartphones caught fire in China, where the company previously said all phones for sale were safe and didn't need to be included in a global recall.
 
ECB must tighten screws as soon as justified: Bundesbank president
The European Central Bank (ECB) must not allow low interest rates and monetary stimulus to last indefinitely, the head of Germany's Bundesbank (central bank) said on Monday.
 
European and Asian stocks markets mostly rallied on Monday, with all eyes on central banks ahead of key meetings this week in the United States and Japan.
 
Within five years, a majority of ride-hailing company Lyft's rides will be in self-driving cars, the company's co-founder and president predicted on Sunday.
 
The dollar eased in Asia Monday after last week's pick-up as investors await crucial policy meetings at the Federal Reserve and Bank of Japan later this week.
 
Afghan child labor
Afghan children help their father's work at a local brick factory on the outskirts of Kabul, Afghanistan, Monday, Sept. 19. While it is common for children in the county to engage in simple labor, tens of thousands of underage workers -- some as young as 5 -- are forced to work dangerous jobs, according to Human Rights Watch.
 > Other
 
Oil prices edged up in Asia on Tuesday as OPEC member Venezuela indicated a deal to limit output is close and after fresh fighting in Libya.
 
Who's driving the regulation?
In this July 15 photo, a double-decker tour bus drives by an Audi self-driving vehicle parked on Pennsylvania Avenue, near the Capitol in Washington.
 
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