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U.S. President Barack Obama will cut short his visit to India on Tuesday to fly to Saudi Arabia following the death of King Abdullah, sources in the Indian capital familiar with the matter said on Saturday.

A former trader at the Galleon Group hedge fund lost his bid to be freed on bail while he challenges his conviction and 10-year prison sentence for insider trading related to two corporate mergers.

CME Group Inc on Friday fined a unit owned by JPMorgan Chase & Co $210,000 and an affiliate of Credit Suisse $175,000 for various trading violations.