Thursday, 28th, 2024 | 1:21PM Updated

China’s stock market has plunged by more than 40 percent since peaking in mid-June and analysts cited various reasons for the rebound on Thursday.
Mainland Stock Prices Rise Amid Interest Rate Reduction

After tumbling for five consecutive trading days since Aug. 20, mainland stock markets experienced a sharp rebound as the Shanghai Composite Index rose by 5.34 percent, closing at 3,083.59 points from 156.30 points.

Ashley Madison
Ashely Madison Hackers Disclose Founder Noel Biderman's Alleged Multiple Affairs Despite Claims Of Being Faithful

Hackers of the controversial online dating and social networking service Ashley Madison have released numerous emails which link its founder and CEO Noel Biderman to multiple liaisons, despite affirmations from the "King Of Infidelity" that he has remained faithful to his wife.

A prospective home buyer makes inquires about a new apartment project  at a real estate fair in Yichang, central China's Hubei Province.
Gov't Eases Rules on Purchase of Property by Foreign Investors

Qualified foreign institutional and individual investors can now buy more properties on the Chinese mainland after the Chinese government eased property investment rules for foreign individuals and institutions across the country, as announced in a circular on Thursday evening.

3D printing is getting more popular worldwide.
Chinese 3D Printing Can Benefit from Internet, Experts Say

According to experts, 3D printing in China could be improved by integrating with the Internet. Currently the 3D printing industry in China is not successful.

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Chinese Premier Li Keqiang (fourth, L) visits the Tianjin blasts site on the afternoon of Aug. 16, 2015.
Real Estate Enterprises Willing to Purchase Tianjin Blast-Affected Apartments

Media reports stated that a coalition of five real esate enterprises is proposing to buy the apartments affected by the Tianjin blasts on Aug. 12. The firms eye to refurbish and sell the properties in the future.

Keyless Ignition
Keyless Ignitions Place Car Riders At Risk Of Carbon Monoxide Poisoning, Leading To Lawsuit Vs Top 10 Vehicle Manufacturers

Millions of car riders are at risk of carbon monoxide poisoning because of keyless ignitions. This risk led to the filing on Wednesday of a lawsuit against 10 of the largest vehicle manufacturers.

OshKosh Trucks
OshKosh Trucks Wins $6.7B Pentagon Contract To Build Safer Military Vehicles To Replace Humvees

The Pentagon just signed a $6.7 billion contract with OshKosh Trucks to manufacture 17,000 Joint Light Tactical Vehicles (JLTV) for use in combat. The JLTV would replace the 140,000 old and deadly Humvees fleet.

China's central bank has recently trimmed down rates yet again.
China’s Central Bank Lowers Benchmark Deposits, Lending Rate to Ease Debt Burden, Curb Risks

China’s central bank has lowered benchmark deposit and lending rates by 25 points starting on Wednesday, Aug. 26, in an effort to ease companies' debt burdens and curb expanding downward risks, the China Daily reported.

Alibaba's stock price dips lower than its IPO price, causing the firm to set up buy-back plans.
Alibaba's Stock Dives Below IPO Price, World Markets Crash

For the first time in history, Alibaba Group Holding Ltd.'s stocks slumped lower than their initial public offering (IPO), as China's stock crash alarmed the global markets.

The new regulatory rules will include selling restrictions, mechanisms and a predisclosure system to help decrease the negative impact on the capital market.
World Markets Hit Hard by China's Stock Market Crash, Traders Turn to China for Support Measures

China stocks crashed close to 9 percent on Monday, shaking world stocks and commodity prices, and pushing U.S. stocks with the S&P 500 and NASDAQ composite indexes into the correction field.

Just Mayo
‘Just Mayo’ Is Not Real Mayonnaise Without Any Eggs: FDA

Real mayonnaise is defined by eggs rather than its white color, thick texture, or bland flavor, based on the standard classification of the Food and Drug Administration (FDA). Earlier this month it issued a formal warning to the producer of "Just Mayo" that its vegan condiment lacks the key ingredient of the genuine version.

Amazon delivery box
Amazon Prime Starts 1-Hour Booze Delivery Service In Seattle

As part of its expansion of its Prime Now service, ecommerce giant Amazon.com said on Tuesday that it would deliver wine, beer and spirits to U.S. customers within one hour. The service is initially available in Seattle where the company's headquarters is located.

Workers at Hangzhou-based Alibaba Group Holding Ltd. handle orders during the
Alibaba Workers Urged to Stay Focused on Customers, Ignore Market Turmoil

Alibaba Group Holding Ltd.’s chief executive officer (CEO) Daniel Zhang has called on the company’s employees on Tuesday, Aug. 25, to focus on serving their customers and set aside reports about the plummeting stock markets, as the company’s shares fell below their initial public offering (IPO) price for the first time, the Bloomberg News reported.

Foreign participants of the 2014 Wenzhou Outdoor Challenge abseiling off the bridge of Baihe Resort in Taishun County.
Adventure Sports, Outdoor Activities Spell Sun, Fun and Profit

Business is blooming for those engaged in outdoor sports and other related activities. The market is now worth billions of dollars, with the government even hopeful that the country’s sport sector in general will be a 5-trillion-yuan industry by 2025.

Customers try mobile phones at an exhibition hall in Beijing, China, Jan. 7, 2009.
Investors Hang Up on China’s Telecom Companies After Management Reshuffle

Shares of the three state-run telecom carriers went to a freefall Monday following announcements of major management reshuffling.

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