CHINA

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Signs of global slowdown mount; debt crisis weighs

Private-sector growth in the euro zone ground to a halt this month and China's factory sector contracted for the first time in a year, surveys showed on Thursday, deepening evidence of a global slowdown.
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Stock futures flat, Intel a drag on Nasdaq

Stock index futures were flat on Thursday as investors awaited details on a second rescue package for Greece, though weakness in technology shares kept Nasdaq futures slightly negative.
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China factory sector shrinks, IMF finds world worried

China's factory sector shrank for the first time in a year in July, a survey showed on Thursday, feeding worries among the country's main trading partners that its growth is unsustainable and could lead to a slump.
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Blogger Exposes Fake Apple Store in China

An American blogger living in China has exposed fake Apple stores thriving in the country. The fake Apple Store in Kunming, the capital of southwestern Yunnan province, looked exactly like those genuine retail stores run directly by the consumer electronics giant, and even the liveried employees believed that they were Apple employees.
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Euro up before EU summit; China data hurts stocks

The euro climbed for a third day on Thursday after news about a France-Germany accord on Greece's debt crisis relieved some concerns ahead of a European summit, while Asian stocks slipped after China manufacturing data contracted for the first time in a year.
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China factory sector shrinks in July, first time in a year

China's factory sector contracted for the first time in a year in July and at its fastest pace since March 2009, a purchasing managers' survey showed on Thursday, as monetary policy tightening and slack global demand weighed on the economy.
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Japan exports beat forecasts, trade balance swings to

Japan's exports rose in June and the pace of annual declines slowed, bringing the trade balance back into surplus as factory output and sales steadily recover from the March 11 earthquake, tsunami and nuclear meltdown.
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Euro up on Greece deal hopes, gold off highs

The euro climbed a third day on Thursday as a deal between France and Germany over a bailout of Greece raised hopes ahead of a major European summit, though investors barely moved from government bonds and precious metals.
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IMF says property bubble in China a concern

The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country's elevated inflation rate may peak within the next month or two.
Apple Store

A Fake Apple Store? What Would Steve Jobs Say?

The Chinese are recognized world wide for their skill of producing stylish counterfeit designer bags and sunglasses but who would have imagined a fake Apple Store equipped with a 'genius bar', spiral staircase and Apple Store trademark wall to wall glass windows? You don't need to. An expat stumbled into three in China's southwest providence of Kunming.
Chinese vessel in the South China Sea

ASEAN, China to Avoid Costly War in South China Sea

ASEAN countries and China say that meetings at a recent ASEAN forum resulted in the establishment of more specific guidelines on how to deal with the South China Sea dispute that has mounted over the past few months.
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Apple rolls out new Macs, shares set record

Apple Inc shares flirted with a record $400 on Wednesday, a day after the world's most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades.
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Mass Weddings Throughout the World [PICTURES]

These aren't production stills from a film adaptation of Mao II - real mass weddings take place all over the globe several times a year, and not just among cults.These days, many choose to participate in mass weddings to share the financial burden of the tying the knot.Or, in the case of October's mass wedding in China, so that more people can take advantage of fleeting symbolic good fortune: 60 couples were married at 10:10 in the morning October 10, 2010 - the tenth day of the ...
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Investors Applaud Apple's Momentum

Apple reported its best-ever results in its fiscal third quarter Tuesday. On Wednesday investors applauded by driving Apple's stock to near it's all-time high.

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