CHINA

Madrid stock exchange

Spain, Greece Spur Fear, Boosting US Dollar, Bonds: Daily Markets Wrap

European stocks lost big Thursday as Greek banks were cut loose from European Central Bank support and Spain's borrowing costs kept skyrocketing. The head of the International Monetary Fund, Christine Lagarde, also warned today of the extremely expensive consequences of Greece leaving the currency bloc.

Spot Gold Prices Rally For 2.6% Gain

Aurizon Mines' Casa Berardi project
Spot gold rallied more than 2.6 percent on Thursday, its largest one-day gain since late January, as technical buy signals and new signs of a sluggish U.S. economy more than offset deepening despair over the euro zone.
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EU Delegation in China

European Influence Dips As Positive Opinions Of China Rise

International opinions about which nations serve as a positive influence on global affairs are changing. Around the world, more people are looking to Asia, with Japan topping the list, while increasing numbers are disappointed with Europe. However, Asians themselves remained wary of their neighbors.
Dalai Lama

China Criticizes UK Prime Minster Cameron For Meeting With Dalai Lama

Chinese officials summed a UK ambassador to the Ministry of Foreign Affairs on Tuesday in an official complaint against British Prime Minister David Cameron and Deputy Prime Minister Nick Clegg. The two dignitaries spoke with the 14th Dalai Lama, the exiled spiritual leader of Tibetan Buddhists, on May 14.
Greek euro

German Growth Rescues Euro From Dive

The euro pulled back from a four-month low against the dollar during Asian trading Tuesday after Germany, the euro zone's largest economy, announced first-quarter GDP growth of 0.5 percent.
Driven Off

Xenophobia Among Chinese Netizens High After Alleged Attempted Rape

China's internet community is abuzz with anger and xenophobia. Netizens are livid over the discovery of an alleged case of attempted rape of a young Chinese woman by a Western tourist in Beijing. However, other examples of selfless good deeds by visiting tourists temper sentiments.
Traders

Europe Uneasiness Endures, China Frees Up Cash: Daily Markets Wrap

Political discord in Greece, voters punishing German Chancellor Angela Merkel's Christian Democrats, lower euro zone manufacturing output and China freeing up cash for lending all contributed to a global stocks slide as investors pursued the safe havens of government debt and the dollar.

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