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Biggest Crash In South Korea Exports Since 2009 Confirms Global Trade In Freefall

While the market's attention overnight was focused on China's crumbling manufacturing and service PMI, data which was already hinted in the flash PMI reports earlier in August, the real stunner came not from China but from South Korea,...Show More Summary

China manufacturing contracts, Korea exports slump as Asia's woes deepen

By Winni Zhou and Christine Kim BEIJING/SEOUL (Reuters) - China's giant manufacturing sector contracted and exports from South Korea tumbled by the most in six years in August, rattling Asian markets on Tuesday and reinforcing expectations that policymakers will need to ease policy further. Show More Summary

China Strengthens Yuan Most Since Nov 2014 After PMI Hits 3-Year Low, PBOC Offers "Hope" As A Strategy For Stocks

Having exposed the culprit for all of its economic and market woes, China is likely going to have problems explaining why its economic plague is still spreading (with South Korean exports collapsing and Japanese Capex growth slowing) and China's official manufacturing PMI slipped into contraction for the first time in 6 months (to 3 year lows). Show More Summary

Marco Rubio Urges a More Aggressive Approach Toward China

Marco Rubio issued a sharp critique of China's behavior on Friday, using a speech in South Carolina and an opinion piece in The Wall Street Journal to fault Beijing on military expansionism, cybertheft, human rights abuses and "economic misconduct."

China's richest man just gave Beijing a reality check

China's richest man thinks Beijing needs to cut its growth forecast and deal with it. Real estate mogul Wang Jianlin told Sandy Li at the South China Morning Post that the country needs to accept lower growth and transform the economy. "China...Show More Summary

Scott Walker: U.S. needs to be tough on China

The Wisconsin governor and presidential candidate delivers a foreign policy speech in South Carolina Friday

Morning Must Reads: August 28

Wisconsin Gov. Scott Walker and Florida Sen. Marco Rubio will deliver dueling foreign policy speeches Friday in South Carolina. Rubio, who will focus his remarks on China, followed Walker’s lead this week in calling for the scaling back of Chinese President Xi Jinping’s state visit next month. Walker, who has less experience on foreign policy…

Marco Rubio: U.S. strength key to maintaining peace with China

He delivers a speech on China policy Friday in South Carolina, just after financial markets were shaken by China's move to weaken its currency

Chinese Horror Film 'The Ghouls' to Get ScreenX Version for U.S. Release

AMC theaters have signed with China's Wanda Group and South Korea's CJ CGV to install the three-screen, 270-degree viewing technology in key U.S. locations. read more

Philippines seeks 'real-time' U.S. help in disputed South China Sea

MANILA (Reuters) - The Philippines has sought help from the United States to monitor "real-time" developments in the South China Sea, providing surveillance and reconnaissance, a military spokesman said on Thursday, amid China's rapid expansion in the area.

China Builds Up Its Fleet of Ships That Make Artificial Islands

Venturing ever further from the rivers and coasts that it helped develop in the first three decades of China’s post-Mao reforms, China’s burgeoning dredging fleet has not only excavated new land in the South China Sea, but has also given China a big new shovel to break ground on the...

CNOOC Profits Nosedives, Eyes South China Sea

 Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year.   Net income dropped to 14.

US Plans More Maritime Drills in Asia

 The United States will increase the number of drills it conducts in the Asia-Pacific as part of its new strategy to counter to China’s expansion in the South China Sea,

Thursday Watch

Evening Headlin es Bloomberg: China Meltdown So Large That Losses Eclipsed BRICS Peers, Twice. Take the combined size of all stocks traded in Brazil, Russia, India and South Africa, multiply by two, and you’ll get a sense of how much China’s market value has slumped since the meltdown started. Show More Summary

US Plans More Anti-China Drills in Asia-Pacific

The United States will increase the number of drills it conducts in the Asia-Pacific as part of its new strategy to counter to China's expansion in the South China Sea, the Philippine military said on Wednesday.

We Have a Problem: Earthquake Prediction

Nepal | 25 April 2015 | 11:56 NST It was a typical day for the 27 million residents of Nepal – a small south Asian country nestled between China and India. Men and women went about their usual routine as they would any other day. Children...Show More Summary

U.S. plans more Asia-Pacific drills to counter China reclamation

MANILA (Reuters) - The United States plans to increase the number of military and humanitarian drills it conducts in the Asia-Pacific as part of a new strategy to counter China's rapid expansion in the South China Sea, the Philippine military said on Wednesday.

China Instability to Trigger Short-Term Currency Depreciation Among BRICS

Experts say that the BRICS nations of Brazil, Russia, India, and South Africa will likely undergo currency devaluations as a short-term consequence of the market turmoil in China.

Woman chugs whole bottle of cognac after being told she can't bring it on plane

A woman was barred from boarding her flight in Beijing Capital International Airport after chugging an entire bottle of cognac and becoming extremely intoxicated. According to the South China Morning Post, the woman was told that she...Show More Summary

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