Halister News

--FERGAL O'BRIEN

--EDDIE BUCKLE

(Bloomberg) -- Chinese sovereign bonds decline, with 10-year yield rising 5 basis points, most since May 10, to 3.55%, according to data compiled by Bloomberg.

• Jump in 10-year yield follows 8bps drop in last two days, which drove the yield to lowest since May 2 on Tuesday
• Regulators won’t change the policy direction of risk control, but at the same time they’ll control the pace, Deng Zhiyi, head of trust supervision at CBRC, said at Lujiazui forum Wednesday
• A combination of the yield’s sharp decline and CBRC’s official comments on supervision are leading to the market moves, says Zhongtai Securities analyst Qi Sheng

--With assistance from Jun Luo. To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net Ron Harui, Robin Ganguly

--ADVEITH NAIR

(Bloomberg) -- Danish Business Minister says he will present a new plan designed to fight money laundering.

• Plan is due to be presented early on Wednesday and is expected to receive broad backing in parliament
• NOTE: May 9: Nordea, Danske Ordered to Improve Risk Management by Danish FSA Link