CHINA

A woman browses job openings at a job fair in Los Angeles

US Unemployment Rate Likely To Hold At 8.2% In April

Hiring in the U.S. probably picked up somewhat in April after a disappointing showing in March renewed fears of another spring slump in the labor market, economists said in anticipation of the April non-farm payroll report due Friday.

Sanduk Ruit: Nepal's Magic Surgeon Brings Light Back To Poor

Sanduk Ruit and his team of doctors at the center have developed a simple surgical technique to remove cataracts involving little equipment and instruments that can be used manually. No stitches are needed, and the technique can be used on a simple table
Sanduk Ruit and his team of doctors at the center have developed a simple surgical technique to remove cataracts involving little equipment and instruments that can be used manually. No stitches are needed, and the technique can be used on a simple table in field camps.

Wynn Resorts Gets Gov't OK For Macau Cotai Casino

Tourists stand outside the Wynn Casino in Macau
Wynn Resorts, Limited (Nasdaq: WYNN) received approval to begin breaking ground at its 51-acre casino sight on Macau's Cotai strip, an approval that has been in limbo since March, the company said Wednesday.
Worker at work during a night shift in Foxconn's new factory in Zhengzhou, Henan province in central China

Chinese Manufacturing Weaker in April: Markit PMI Report

The Chinese manufacturing sector continued to weaken in April, although its rate of deterioration slowed from March, as demand remained low and new business declined, according to HSBC and Martkit's China Manufacturing PMI survey Wednesday.
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Nikkei Stock Exchange

Asian Stocks Rise On US, China Data

The Asian stock market advanced on Wednesday as sentiment was buoyed following the release of improved manufacturing data in both the U.S. and China.
ConocoPhillips

ConocoPhillips Fined $257M For Chinese Oil Spill

Houston-based oil ang gas giant ConocoPhillips (NYSE: COP) has been fined $257 million to settle charges brought by the Chinese government following a massive oil spill. The company's Chinese venture partner, CNOOC Ltd., was also fined, to the tune of $76 million.
An NYSE is seen over the trading floor of the New York Stock Exchange

DJIA Spikes To 4-Year High On Manufacturing Data

The Dow Jones Industrial Average closed at the highest level since December 2007, lifted by a better-than-expected national manufacturing report that provided a welcome relief from a slew of disappointing regional manufacturing measures.
US Stock Exchange

May Day Bull Run: Daily Markets Wrap

The news of the day centered on a better-than-expected U.S. manufacturing report for April, which sent ripples across the markets, boosting stocks as investors moved away from bonds and giving a bump to the dollar and crude oil. Investors are hoping this good news will be matched in Friday?s April U.S. jobs report.
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Fashion 101: Three Online Brands Offer Their Recipes For Success In The Digital Space

Stunning clothes, exotic models and fabulous parties might sound like fun and games but peel back the glamorous layers and you quickly see that fashion is serious business. A serious billion dollar business, to be precise. Three brands offered up their recipes for success in the digital space to IBTimes Fashion & Life. Here is what they said.
China’s oldest pole dancer

Sun Fengqin: Meet China?s Pole-Dancing Granny

For most people, pole dancing is pre-conceived as an exotic dance form restricted to the modern generation. However, for Sun Fengqin, her sixty years won't hold her back from performing.
Nikkei Stock Exchange

Japanese Stocks Plunge On US, Europe Worries

Japanese stock markets plunged Tuesday as weaker-than-expected US manufacturing data and news that confirmed Spain has fallen into a double-dip recession weighed on the sentiment.

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