Bloomberg China has punished coal and steel companies for illegal production or unsafe operations as part of the government’s efforts to reduce industrial overcapacity. Following safety checks at 4,624 coal mines, the regulator revoked the licenses of 28 and halted production at 286, the National Development and Reform Commission said in a statement on its website. Thirty-three coal companies …

  Seoul / AFP Samsung said on Thursday it would resume sales of new Galaxy Note 7 smartphones in South Korea this week, hoping to turn the page on the troubled device after an ongoing global recall prompted by battery explosions. The company on September 2 suspended sales of the oversized “phablet” and recalled 2.5 million units shipped worldwide after …

  Bangkok / AP Thailand, the world’s biggest exporter of seahorses, is suspending trade in the animal because of concern about threats to its wild population. The decision was announced at a meeting of the Convention on International Trade in Endangered Species of Wild Fauna and Flora, or CITES. Dr. Amanda Vincent, a seahorse expert at The University of British …