CHINA

DJIA Spikes To 4-Year High On Manufacturing Data

An NYSE is seen over the trading floor of the New York Stock Exchange
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.

May Day Bull Run: Daily Markets Wrap

US Stock Exchange
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.
An employee counts yuan banknotes at a bank in Huaibei

China?s Manufacturing Activity Continues To Grow

China?s manufacturing activity improved in April for the fifth straight month as economic conditions continued to strengthen, according to readings from a key gauge released Tuesday.
Syrian Arms Shipment

Lebanon Intercepts Arms Shipment To Syrian Rebels From Libya

Lebanese intelligence officers are questioning crew members of a ship that set sail from Libya and was found to be carrying a cache of weapons that supposedly were intended to supply opposition forces in Syria.
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Overloaded Indian Ferry Capsizes, Killing 103, More Missing

Rescue workers fought heavy wind and rain to search for survivors after at least 103 people drowned on an overloaded ferry carrying about 300 people that sank at night on one of India's largest rivers on Monday, police said.
Hologic

Hologic To Buy Gen-Probe For $3.7B, Gen-Probe Shares Soar

Medical device maker Hologic Inc. said Monday it would acquire diagnostic test maker Gen-Probe Inc. for about $3.7 billion in cash to expand its molecular diagnostic business, international presence and cross-selling opportunities.
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Asian Stocks Advance On Fed Easing Hopes

Asian stock markets ended with gains on Monday as disappointing US economic activity data boosted hopes for further monetary stimulus from the Federal Reserve.

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