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Hong Kong Leader Survives No Confidence Vote Over Building Work

Hong Kong's new leader Leung Chun-ying narrowly survived a motion of no-confidence on Wednesday over unauthorized building works in his home that have undermined his integrity and triggered calls for his resignation.

U.S. Seizes Texas Condo Says It Was Owned By Former Mexican Governor

A U.S. federal judge said the government has seized a luxury Texas condominium purportedly owned by a fugitive former Mexican governor wanted on suspicion of aiding drug traffickers, the U.S. Attorney's Office said Tuesday.

PIMCO Flagship Fund Cut Mortgages, Treasures Ahead of FED Call

The PIMCO Total Return Fund, the world's largest bond fund, reduced its exposure to mortgage bonds and Treasuries in November after profiting as a result of the Federal Reserve's stimulus measures, data from the firm's website shows.