Macau, the world's largest gambling market, posted an annual 52.4 percent rise in gaming revenue in June to 20.8 billion patacas ($2.6 billion), the Macau government said on Friday, signaling a ravenous gambling appetite from Chinese tourists.
It's likely to be a bitter-sweet Fourth of July holiday weekend, gas price-wise, for U.S. motorists. Gas prices have edged lower recently, but are still up substantially from a year ago, in early July 2010.
The top after-market NYSE gainers on Thursday are: Oshkosh Truck, Phoenix New Media, National Bank of Greece, Hovnanian Enterprises and Beazer Homes. The top after-market NYSE losers are: Eastman Kodak, SouFun Holdings, CapitalSource, China Ming Yang Wind Power and Noble Corp.
The Jiaozhou Bay Bridge in Qingdao, China, which was opened on Thursday, is now the world’s longest sea bridge. Spanning Jiaozhou Bay of Qingdao City in Shandong Province, the bridge is 22 miles (36 kilometers) long, Xinhua News Agency reported.
Chinese police have arrested 36 people in connection with operating fraud on Alibaba.com that prompted the resignations of the firm's top executives in February, the company said.
The aeronautics unit of Lockheed Martin Corp, the Pentagon's No. 1 supplier by sales, said on Thursday that it plans to cut about 1,500 jobs to reduce costs in response to a flattening of U.S. defense spending.
While Japan's 'Levitating Girl' Natsumi Hayashi has become an Internet sensation, China has also come up with three levitating government officials.
While Japan's 'Levitating Girl' Natsumi Hayashi has become an Internet sensation, China has also come up with three levitating government officials.
In the eyes of an increasingly uneasy internet-savvy society, China's Communist Party is anxious to bolster its legitimacy as it celebrates its 90th anniversary on Friday.
The color red appears to have a long positive association in Russian culture – from long before the rise of Communism.
Investors in Nasdaq newcomer Crumbs hope to cash in on the cupcake craze.
China quickly blocked Google's newest offering Google+, a service that promises a better social networking experience than Facebook's. The Google+ service was not available to Chinese users, New York's Daily News said, citing sources.
China will drop some of the indigenous innovation rules for government purchases that have riled foreign companies, the Ministry of Finance announced, a step a U.S. business group called an important concession.
Reclusive Chinese painter Ge Xiaoguang's art has gazed over one of the world's most famous city squares for decades.
LONDON - Investors have become a little more upbeat heading into the second half of the year, lifting stock allocations from 2011 lows but remaining cautious with plenty of safe-haven cash and bonds.
The Standing Committee of the National People's Congress (the country’s highest state body) lifted the threshold from 2,000 yuan (about $309) to 3,500 yuan ($542) per month.
The rules of Treasury auctions may not sound like the stuff of high-stakes diplomacy. But a little-noticed 2009 change in how Washington sells its debt sheds new light on America's delicate balancing act with its biggest creditor, China.
China apparently lost no time denying its people access to yet another western social networking service. Hours after search giant Google unveiled ambitious social networking service Google+, the Chinese government got the service blocked in the country, according to media reports.
Spreadtrum Communications, Inc (NASDAQ: SPRD) held a conference call to address questions raised in Muddy Waters’ open letter. Jefferies said Spreadtrum's management provided great detail on its history, management & auditor changes, product mix, income taxes, the MobilePeak acquisition and accounting practices.
The top after-market NASDAQ Stock Market gainers are: POZEN, BCD Semiconductor Manufacturing, Hansen Medical, Globus Maritime, and Scientific Games. The top after-market NASDAQ Stock Market losers are: Aeterna Zentaris, China Recycling Energy, Apollo Group, Avanir Pharmaceuticals, and Star Scientific.
Over 15,000 dogs were slaughtered for Chinese festival in Yulin in eastern China, which kicked off during the weekend.
Three Chinese banks are now in the world's top 10, underlining the dramatic growth of the country's financial industry in recent years, according to a new study released on Thursday.
