SHANGHAI—Guo Guangchang became a billionaire by investing where China’s economy was going over the past two decades, pouring money into steel, property and finance while turning his gaze increasingly overseas.

On Friday, Mr. Guo indicated authorities are holding him in connection with an investigation, a stark illustration of how Chinese business and finance is coming under intense scrutiny.

After nearly two days of mystery…

Comments (0) One of Stoke-on-Trent's most iconic buildings is to be used by a school. Two-hundred students from Burslem's Haywood Sixth Form Academy will be moving into the town's School of Art from September. Now a £1.5 million refurbishment is to be carried out between February and July before the students move in. It comes as 100 sixth-formers from the academy are already taught at nearby Burslem Town Hall. Burslem School of Art Trust carried Read more [...]

Married same-sex partners in Arkansas won't be listed as equal parents on the birth certificates of their children after the state Supreme Court suspended a ruling on Thursday which would have allowed it on the basis of marriage equality, according to the Associated Press. Pulaski County Circuit Judge Tim Fox had ruled that Arkansas' birth certificate law was unconstitutional citing the passage of marriage equality, according to the wire service. After this ruling, birth certificates with both parent's Read more [...]

SHANGHAI—Guo Guangchang became a billionaire by investing where China’s economy was going over the past two decades: in sectors like steel, property and finance and increasingly overseas. On Friday Mr. Guo indicated judicial authorities are holding him during an investigation, a stark illustration of how Chinese businesspeople are coming under intensifying scrutiny. After nearly two days of mystery over his whereabouts, a vague statement near midnight issued by his flagship investment Read more [...]