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The Two Big Stories That Punched Markets In The Gut This Week

As traders in the US head into the long weekend, Citi's currency guru Steven Englander looks at the two big stories that really clubbed markets this week.Interestingly, although Japan crashed on...

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Australia Got Clobbered This Week

One of the big stories in global markets this year is the commodity decline.And this week we got clear evidence of Chinese slowing.These two closely-related stories have conspired to slam the...

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Disturbing Photos Of China's Deadly Coal Mines

China is the world's largest producer and consumer of coal. Coal has contributed to China's pollution problem, and the coal mines are said to be the deadliest in the world, killing thousands of miners...

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Chinese Prime Minister Gives A 'Remarkable' Speech About Turning The Economy...

In a major speech reported by The New York Times' David Barboza and Chris Buckley, Chinese Prime Minister Li Keqiang says the Party will now more actively embrace market forces and encourage private,...

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Here's The Graffiti A Chinese Teen Scraped Onto A 3,500-Year Old Egyptian Temple

A Chinese teen etched his name into the Luxor, a 3500-year Egyptian temple.Via Reddit, here's what it looked like:The BBC reports that the teen's family has apologized, after the kid was attacked on...

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A Mentally Ill Chinese Man Has Been Locked In A Cage By His Family For 11 Years

A mentally ill Chinese man has been kept in a cage for more than a decade by his family after he beat a child to death, media reported Monday, carrying images of him staring blankly though the bars.Wu...

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Chinese Newborn Saved After Being Flushed Down The Toilet

A newborn baby boy was rescued from a sewage pipe in a Chinese apartment building after being flushed down a toilet, state media said, provoking online outrage Tuesday."Fortunately the baby survived....

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China Is Getting Embarrassed By Its Tourists' Obnoxious Behavior Abroad

Chinese tourists are making their mark on the global tourism industry — literally. This picture is a relief etched 3,500 years ago in Egypt’s Luxor Temple in Egypt. More recently, someone added the...

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Forget Tumblr And Hulu, It's News Out Of China That Has Yahoo Soaring (YHOO)

When Marissa Mayer took over as Yahoo CEO, the stock was ~$16/share.Today it's ~$26/share.Why is that?Is it because Yahoo just bought Tumblr for $1.1 billion?Nope.It is because Yahoo might buy Hulu for...

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Incredible Footage Shows Rescue Of Chinese Baby Flushed Down Toilet

This incredible video footage purports to show the rescue of a newborn infant that was flushed down a toilet in Jinhua, in the eastern province of Zhejiang, China.The baby was trapped in the sewage...

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REPORT: Chinese Hackers Have Stolen Plans For Pretty Much The Entire US Military

Hackers have accessed designs for more than two dozen major U.S. weapons systems, according to a devastating classified report from a Pentagon advisor shared with the Washington Post.Although the...

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CONGRATULATIONS, AMERICA! Chinese Tourists Are Now Even Richer And More...

The French resort operator Club Med has received a buyout offer from, among others, the Chinese conglomerate Fosul International. Fosul wants to help expand Club Med to China, where the company already...

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China's Most Controversial Artist Documents 81-Day Imprisonment With Graphic...

For 81 days in 2011, Ai Weiwei, a Chinese artist known for his critiques of the modern Chinese state, was detained by security forces. His crime was allegedly "tax evasion," and during his...

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North Korea Floats Idea Of Basketball Tournament Against Japan, China

After former NBA star Dennis Rodman made headlines sitting courtside with North Korean leader Kim Jong-un at a friendly basketball game in Pyongyang, the world was exposed to the leader’s affinity for...

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A Chinese Company Is Buying America's Biggest Pork Company (SFD)

Smithfield Farms, the U.S. pork producer and maker of hams, is getting acquired by Shuanghui International.Smithfield stockholders will get $34 per share. The stock is up 25% in pre-market...

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Chinese Authorities Are Turning Their Noses Up At Fake Champagne

Chinese authorities are adopting a French attitude about the making of Champagne.In other words, "It’s not Champagne if it’s not Champagne."On May 27, Chinese authorities registered Champagne as an...

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14 Facts About The Staggeringly Huge Chinese Pork Industry (UBC, LSTK, COW)

Earlier today we got news that Chinese company Shuanghui International Holdings Limited intends to acquire Smithfield Foods. Smithfield is America's largest pork producer. Meanwhile Shuanghui holds a...

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Insane Gridlock Photos Go Viral In China

Photos taken yesterday showing a ridiculous gridlock at a junction in Xi'an, Shaanxi province, have gone viral in China.The photos have earned the nickname "Mahjong Gridlock" due to the similarity to...

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15 Startling Photos Of Pigs In China

Chinese company Shuanghui International Holdings Limited will acquire Smithfield Foods, the world's largest pork producer. Remember, China is the world's largest pork consumer so this deal makes a lot...

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Inside The Macau Casino VIP Room Where The Minimum Bet Is $1.6 Million

China's Sky 32 is one of the most elite casino lounges on the planet.Perched on the 32nd floor of the Galaxy Macau casino and resort, the VIP mecca has gorgeous views, diamond chandeliers, and six...

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