Obama asks defense secretary Hagel to step down: NY Times

WASHINGTON, Nov. 24 (Xinhua) — U.S. President Barack Obama has asked Defense Secretary Chuck Hagel to step down, making the first change to his cabinet after the Democrats’ heavy loss in the midterm elections early this month, The New York Times reported Monday.

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China launches landmark Shanghai-Hong Kong stock link program

Han Zheng (2nd R), secretary of the Communist Party of China (CPC) Shanghai Municipal Committee, and Xiao Gang (1st R), chairman of the China Securities Regulatory Commission (CSRC), attend the launch ceremony of Shanghai-Hong Kong Stock Connect in Shanghai, east China, Nov. 17, 2014. The landmark Shanghai-Hong Kong Stock Connect, which is aimed at linking up the stock exchanges of Hong Kong and Shanghai, was officially launched on Monday.

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China, Japan agreement “major step” in relations: Chinese FM

BEIJING, Nov. 8 (Xinhua) — The four-point principled agreement reached Friday between China and Japan is “a major step” toward the improvement of bilateral relations, Chinese Foreign Minister Wang Yi said Saturday.

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