Brazil, Russia, India, China, and South Africa have founded a $100 billion 'New Development Bank' that will lend to members and other developing countries, a potential alternative to the Washington-based World Bank.
Concrete walls could ultimately stretch 140 miles along Japan's tsunami-damaged northeast coast. The project's breathtaking scale and cost – as well as doubts about its effectiveness – are drawing ire.
Japan could become the world's third-largest gambling market if lawmakers pass a bill legalizing casinos. A drive to boost tourism – especially before the 2020 Olympics – is behind the move, but opponents worry about addiction and social ills.
One in ten Hong Kong citizens participated in an unofficial referendum seeking to give city-state the power to elect its leader. Organizers have threatened to occupy Hong Kong's central financial district.