The Market Monitor Minding the Nation's Business

Beijing—China plans to allow foreign central banks into its interbank currency market, the country’s No. 2 leader said, in a new move to expand use of the tightly controlled Chinese yuan. 

Hong Kong—Moody’s Investors Service is challenging a $3 million fine by Hong Kong’s securities regulator, which accuses the credit rating agency of misconduct over a 2011 report that flagged potential problems at Chinese companies. 

Riyadh, Saudi Arabia —A towering construction crane toppled over during a violent rainstorm in the Saudi city of Mecca, Islam’s holiest site, crashing into the Grand Mosque and killing at least 107 people ahead of the start of the annual hajj pilgrimage later this month. Images posted by social-media users showed a grisly scene, with police and onlookers attending to …

Washington—Former United States Secretary of State Hillary Rodham Clinton had the right to delete personal e-mails from her private server, the US Justice Department has told a federal court. 

By Howard Fendrich / The Associated Press  New York—At 34, and more than three years removed from his most recent Grand Slam title, Roger Federer arrived at this year’s US Open with some changes in store. 

By Tim Dahlberg / The Associated Press  Las Vegas—Floyd Mayweather Jr. insists that this is it, though he may be one of only a few who really seem to believe it. Nineteen years and 48 fights haven’t taken a big toll on Mayweather, but he’s not taking any chances. He has seen what taking too many punches did to his uncle, …

Power Mac Center (PMC), the Philippines’ premier Apple partner, celebrated 21 years of its continued presence and service in the country with a thanksgiving event for its partners, collaborators and loyal customers at Greenbelt 5 Fashion Walk in Makati City in late August. 

A cloud agility study by computer-technology company Oracle Corp. showed recently that businesses across the Asia-Pacific region are showing signs of agility in some areas and clearly recognize the business benefits of agility—that is, able to adjust quickly to new business opportunities or to iterate new products and services quickly. 

After launching it in partnership with online-shopping site Lazada in late July, Lenovo Philippines has now made its latest smartphone, the Lenovo Vibe Shot, available in retail stores nationwide. 

After showcasing Jesse Lucas and his songs late last month, the Cultural Center of the Philippines (CCP) is set to train the spotlight on prize-winning composer-lyricist-musical director Vincent A. de Jesus as its second featured artist in the Triple Threats: The Composers concert series at its Tanghalang Aurelio Tolentino (CCP Little Theater) on September 24 at 8 p.m.