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China's former foreign minister Qin Gang. Elizabeth Dalziel / AP  

 

China's foreign policy 

China: Diplomacy moves forward after Qin Gang  

 

China's diplomacy is "steadily moving forward" after the abrupt ouster of missing foreign minister Qin Gang, China's foreign ministry says, reports AFP.  

 

During yesterday, the news came that the country's highest legislative assembly voted to appoint Wang Yi as the new foreign minister and that Qin Gang was removed from his post.  

 

The Qin Gangs have not been seen in public for over a month. There have been rumors of health problems, adulterous affairs and lack of political loyalty but nothing has been confirmed by China. 

 

Cambodia's former Prime Minister Hun Sen, votes in Sunday's election. Heng Sinith / AP  

 

Political situation in Cambodia  

Cambodia's leader resigns - hands over to son  

 

Cambodian Prime Minister Hun Sen, one of the world's longest-serving leaders, has announced that he will resign, writes AFP. He will now hand over power to his son Hun Manet, after nearly four decades of ruling the country. 

 

- I would like to ask for the people's understanding that I am announcing that I will not continue as prime minister, he said in an extra televised speech. 

 

In this weekend's election, the ruling Cambodian People's Party won with a "landslide victory". Something that has, however, been questioned by the outside world because many Western countries believe that the election cannot be classified as either free or fair.  

 

Joe Lewis on a golf course in Florida. File photo from 2011. Phelan M. Ebenhack / AP  

 

Economy British multi-billionaire charged with insider trading in the US  

 

The British billionaire Joe Lewis, founder of the investment company Tavistock, has been charged with insider trading in the United States.  

 

According to the indictment, the 86-year-old tipped off several girlfriends and employees about buying shares in transparent companies, among them Solid Biosciences and Mirati Therapeutics. On one occasion, he is said to have lent his pilots the equivalent of 5.2 million kroner each before an important piece of news.  

 

Behind the indictment are prosecutors in New York who made several crackdowns on insider trading this summer. 

 

Lewis is one of Britain's 50 richest men and, according to Bloomberg, has a fortune equivalent to SEK 69 billion. He is also known as the owner of the football club Tottenham Hotspur.