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The United States and Japan unveiled new rules for defense cooperation in a historic move that will give Japanese forces a wider global role amid concerns over China's rising sway. Under the revised guidelines, Japan could come to the aid of US forces threatened by a third country or, for example, deploy minesweeper ships to a mission in the Middle East. US Secretary of State John Kerry and Defense Secretary Ashton Carter revealed the new rules alongside Japanese Foreign Minister Fumio Kishida and Defense Minister Gen Nakatani after talks at a New York hotel. Although officials said the new doctrine is not aimed at China, there has been increasing concern over moves by Beijing to try to scoop up disputed areas of the South China and East China Seas.
Deutsche Bank co-CEO Juergen Fitschen is one of five defendants in a trial starting Tuesday accused of giving false testimony in a long-running legal battle with the defunct Kirch media group. Such a verdict would deal a deadly blow to Germany's biggest lender as it struggles to clean up its image in the wake of a long list of legal challenges in recent years. Fitschen and four others -- ex-chief executives Rolf Breuer and Josef Ackermann and former executives Clemens Boersig and Tessen von Heydebreck -- are accused of giving misleading evidence to judges in one of the lawsuits brought by the late media magnate Leo Kirch against the bank.