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China's ALIT rejects Sri Lanka leader's graft allegation

COLOMBO (Reuters) - China's state-run Aerospace Long-March International Trade Co (ALIT) on Friday rejected Sri Lanka President Maithripala Sirisena's allegation of misappropriating 2 billion rupees (£8.8 million) in a deal to work on the construction of South Asia's tallest tower.

U.S., Australia to unveil plan Friday to improve rare earth mineral supply

WASHINGTON (Reuters) - U.S. President Donald Trump and Australian Prime Minister Scott Morrison are set to release a plan on Friday aimed at securing the supply of rare earth minerals, a senior administration official said, as concerns grow that China could cut off shipments of the prized commodities.