CHINA

Angola: The Bloody 'Democracy' Of An Oil Republic

Luanda Attack
As soon as the door opened, 15 men -- armed with pistols, machetes and iron rods -- burst into the house and began beating the young Angolan musicians and activists who were known for protesting against government corruption and the use of violent tactics to suppress political dissent.
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A Dead Whale, A School Cafeteria And A Chinese Mystery

A school cafeteria in China's Shandong province may have attempted to serve whale meat to students -- an illegal act that came to light when the whale's carcass was discovered in the kitchen. It has since disappeared, and so has the cafeteria's manager
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Woman walks past stock quotation board outside brokerage in Tokyo

Asian Markets Fall As Euro Zone Concerns Persist

Asian markets fell Thursday on increasing concerns about the debt crisis looming over the euro zone as national leaders were unable to present specific steps to overcome the situation in Europe.
Chinese one yuan coins are placed on 100 yuan banknotes in this illustrative photograph taken in Beijing

China?s Manufacturing Activity Falls: HSBC PMI

China's manufacturing activity fell in May compared to April and continued to contract for the seventh straight month, according to the preliminary HSBC Flash Purchasing Managers Index (PMI) released Thursday.
China, India

China To Boost Growth Again, But Cautiously

An annual GDP growth rate of 8 percent would be an economic miracle in most of the world. In China, it has the government looking for ways to help the economy grow more -- but not by spending indiscriminately for stimulus plans.
Macy's

Macy?s Eyes Chinese Market, Partners With China?s VIPStore

Macy's Inc. (NYSE: M), the owner of its namesake and Bloomingdale's department stores, said Wednesday it will start selling some of the department store chain's private label merchandise directly to consumers in China next spring through a deal with a Chinese online retailer.
China exports

World Bank Lowers China Growth Forecast, Urges More Asian Consumption

The World Bank lowered on Wednesday its 2012 China growth forecast to 8.2 percent from 8.4 percent on faltering demand for exports in the U.S. and Europe and a slowdown in the Chinese real estate market. The bank urged the entire region to focus on spurring domestic demand and reduce its dependence on exports.
ray j

Ray J Hospitalized For Exhaustion After Las Vegas Visit For 2012 Billboard Music Awards

After his visit to Las Vegas, Nev. for the 2012 Billboard Music Awards, Ray J was so partied out that he had to be hospitalized for exhaustion, according to his rep. Ray J, 31, landed in the hospital Monday morning when exhaustion set in after a night of partying for a product launch party, according to a statement from his spokesperson, and will remain there for treatment for exhaustion and jet lag for an undisclosed amount of time.
Obama Ordered Stuxnet Cyber Attack Against Iran, Initiative Code-Named ‘Olympic Games’

Iran Begins Crunch Baghdad Nuclear Talks With World Powers

The talks between representatives of the U.S., Russia, France, Britain, Germany, China and Iran are aimed at diffusing rising tension in the region, with Iran seeking a reprieve from crippling sanctions imposed on its energy and banking sectors.
Markets

European Stocks Boosted By Positive Outlook: Daily Markets Wrap

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.

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