Clinton's `Whew' Moment; Chinese Regulator Ousted: Saturday Wrap

  • Cameron's cabinet picks sides as Brexit referendum scheduled
  • Third Avenue failure sparks concerns about high-yield funds

Here are highlights of the top breaking news stories from around the world on Saturday:

Hillary Clinton held on to defeat Bernie Sanders in the Nevada caucus for the U.S. Democratic presidential candidates while Donald Trump, as predicted by all the polls, won among Republican contenders in South Carolina. It remains to be seen whether the candidates in the second half of the Republican field will be able to stay in the race heading into the March 1 “Super Tuesday” primaries.

U.K. Prime Minister David Cameron’s cabinet began to splinter on the question of whether to remain in the European Union as a referendum was set for June 23.

China’s top securities regulator, Xiao Gang, was removed from his post after last year’s $5 trillion stock-market bust. He was replaced by the former chairman of the Agricultural Bank of China.

Major oil-producing nations, seeking to curb a flood of supply, agreed to wrap up talks on capping output by the start of March, according to Russia’s Energy Ministry.

It doesn’t take Sherlock Holmes to be just a wee bit suspicious if you spot blood trickling out of the cargo hold of a plane carrying 67 tons of bank notes. Zimbabwe, though, released the plane headed for South Africa when the shipment of rand notes turned out to be from an authorized printer and the body was judged to be that of a stowaway.

A top SEC examiner said the agency remains concerned that the issues that prompted the failure of a high-yield bond fund run by Third Avenue Capital Management may exist elsewhere.

U.S. Supreme Court Justice Antonin Scalia’s funeral was all faith and personal remembrance, no politics or legalities, as his priest son led the service in Washington.

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