Chinese stocks tumble towards correction territory

Chinese shares declined for the second consecutive trading session and toward bear territory, as investors were disappointed that the Chinese government has not added further stimulus to the financial system and amid continued worries about overpriced startup stocks.

Stocks in Australia fall amid weak economic data

Australian stocks lost as worse data of retail sales and balance of trade disappointed and brought worries to the Australian economy. Retail sales in Australia remained unchanged in April, worse than the expected increase of 0.3% and in the meantime, trade balance came in with deficit of..

Martha Stewart sets her sights on China’s booming middle class

The do-it-yourself maven talks tech, including her love of drones and the benefits of 3D printing, and her plans to become a go-to household brand in China MakerBot CEO: ‘I’ve always pursued the path that makes me happy’ Martha Stewart, America’s do-it-yourself darling, has set her sights on a huge new market: China. Speaking at New York Social Media Week this week, Stewart said that she is seeking international expansion for her eponymous lifestyle media and merchandising business, Martha Stewart Living Omnimedia

CFTC Commitments of Traders: Euro longs rush to the exits

Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, May 13 2014: EUR net short 2K vs long 32.5K prior JPY net short 65K vs short 61K prior GBP net long 32K vs long 41K prior AUD net long 17K vs long 8K prior CAD net short 26K vs short 32K prior CHF net long 7K vs long 13K prior NZD net long 19K vs long 21K prior What makes me happiest about this report is that there were significant shifts in almost every currency.