Sept. 18 (Bloomberg) — Morgan Stanley, the second-biggest independent U.S. securities firm, may sell a larger stake to China Investment Corp. and is in talks about a possible merger with Wachovia Corp., a person familiar with the matter said.
China’s state-controlled fund may buy as much as 49 percent of the New York-based investment bank, said [...]

Image via Wikipedia
By Chris Chase
The International Olympic Committee has ordered an investigation into the age of Chinese gymnast He Kexin, The Times of London reports. Faced with almost insurmountable evidence which suggests that He is two years younger than the birth date listed on her Chinese passport, the IOC has launched an inquiry [...]

Image via Wikipedia
By Ralph Jennings and Lindsay Beck, from Reuters
BEIJING (Reuters) - At least eight American blogger-activists and several other foreigners have been detained in Beijing as the government intensifies a crackdown on pro-Tibetan protests in the home stretch of the Olympics, rights groups said on Wednesday.
Students for a Free Tibet earlier said authorities [...]