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The People's Bank of China, the central bank, announced the decision in a terse statement on its website, saying the liquidity in the banking system was "at a relatively high level."

The S&P 500 lost 51.57 points, or 1.71 percent, and closed at 2,972.37. Nasdaq fell 162.98 points, or 1.87 percent, and closed at 8,575.62.

The People's Procuratorate in the Inner Mongolia autonomous region ordered prosecutors in Liangcheng county to return the case to the public security department "because the facts and evidence were unclear and not strong enough".

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The S&P 500 crossed 3000 for the first time, and the Nasdaq Composite reached an all-time high. The Dow Jones Industrial Average snapped a three-day losing streak and rose in anticipation of a quarter-point cut in the Fed's benchmark federal funds rate, which ranges from 2.25 to 2.50 percent.

The Seattle City Council passed the head tax to the consternation of the business community. Amazon paused construction on its last major office tower in Seattle and threatened not to move into the massive Rainier Square building, questioning the Council’s “hostile” attitude toward business. The City Council abruptly repealed the head tax a few weeks after passing it. Amazon ended up subleasing Rainier Square to other tenants anyway.

The Qingdao Intermediate People's Court said the four defendants committed heinous crimes with despicable motives and cruel behavior, causing huge social harm and bringing about panic in the local community.

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The Polo collection comes with a symbolic preppy look, combining Ivy League classics and English haberdashery with downtown styles and all-American cool sportiness.

The SASAC said the series of reforms have reshaped the shareholding structure of SOEs, helped spin off non-core assets and encouraged innovation.

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The SCMP, an award-winning English language newspaper based in Hong Kong, is known for its coverage of topics?like political scandals in China that the country’s state-run media cannot write about. The company?is not subject to China’s news media censorship rules.

The Republic of Korea's military has stopped blaring loudspeaker broadcasts against the Democratic People's Republic of Korea in the border area on Monday to create a peaceful mood ahead of the inter-Korean summit later this week, according to the ROK Defense Ministry.