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China's former justice minister faces life in prison for bribery
China's former justice minister faces life in prison for bribery

China's former justice minister faces life in prison after a court handed him a suspended death sentence on Thursday for taking bribes and "bending the law". Fu Zhenghua's death sentence will be commuted to life imprisonment after a two-year reprieve, the Intermediate People's Court in the city of Changchun said in a statement.

Japan government intervenes to bolster cratering yen
Japan government intervenes to bolster cratering yen

Japan's finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted against the dollar in recent months on the widening policy gap between the US and Japanese central banks.