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Keyword: shanghai

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  • BREAKING: Former State Dept And CIA Employee Arrested, Charged With Federal Espionage

    06/22/2017 6:11:42 PM PDT · by markomalley · 194 replies
    iBankCoin ^ | 6/22/17
    A former State Department employee was arrested Thursday and charged with espionage for allegedly transmitting Top Secret and Secret documents to a Chinese government agent, according to an affidavit filed with the U.S. District Court in Alexandria, VA.Kevin Mallory, 60, of Leesburg is a self-employed consultant who speaks fluent Chinese. Court filings show that Mallory was an Army veteran who worked as a special agent for U.S. State Department’s Diplomatic Security Service from 1987 to 1990. Since then, Mallory has worked for various government agencies and defense contractors, maintaining a Top Secret security clearance. The Washington Post reports that Mallory...
  • State employee charged in FBI probe

    03/29/2017 1:25:17 PM PDT · by billorites · 33 replies
    The Hill ^ | March 29, 2017 | Olivia Beavers
    A State Department employee pleaded not guilty in court on Wednesday after being charged in an FBI investigation, the Department of Justice announced. Candace Claiborne, who worked in the Caucasus Affairs office of the State Department, is being charged for two felony offenses. Claiborne is being charged with “obstructing an official proceeding and making false statements to the FBI, both felony offenses, for allegedly concealing numerous contacts that she had over a period of years with foreign intelligence agents,” a Department of Justice release said. Claiborne, who has a Top Secret security clearance, failed to disclose her foreign contacts abroad...
  • United Airlines Barred From Russian Airspace ‘For Diplomatic Reasons,’ Pilot Announces

    04/12/2017 11:33:59 AM PDT · by servo1969 · 47 replies
    Dailycaller.com ^ | 4-12-2017 | Chuck Ross
    A United Airlines flight from San Francisco to Shanghai, China was diverted from flying over Russian airspace for "diplomatic reasons" early Wednesday morning, passengers on the flight say.Those diplomatic concerns forced the flight to refuel at Tokyo's Narita airport, the flight's captain told passengers, several of whom posted about it on social media. On @United 857 enroute to PVG, diverted to NRT. Captain: Due to diplomatic reasons, Russia denied access to air space. Now refuelling-- brianlinca (@brianlinca) April 12, 2017 One passenger named Andy Brown says that the airplane almost ran out of fuel before landing at Narita. "Then they...
  • CNN’s Cuomo: Obama EPA Regs Key to Keep US “from looking like Shanghai”

    03/28/2017 5:51:42 AM PDT · by governsleastgovernsbest · 27 replies
    Legal Insurrection ^ | Mark Finkelstein
    Hot stock tip: invest in companies producing anti-smog surgical masks. That is, if you buy into Chris Cuomo’s environmental alarmism. On CNN this morning, the panel discussed the Trump admin’s announcement yesterday that it plans to roll back some of the Obama-era EPA regs viewed as overly restrictive on the coal industry. Cuomo claimed that the Obama regs are “seen as key to keeping the United States from looking like Shanghai in terms of blowing all kinds of black smoke into the air.” View the video here.
  • Professionals in These Two Asian Cities Say Donald Trump Will Be Good for Business

    11/30/2016 7:06:12 PM PST · by 2ndDivisionVet · 3 replies
    Fortune ^ | November 30, 2016
    More than half of all business professionals in two financial hubs in Asia are viewing the results of the U.S. election in a positive light, according to a survey conducted two weeks after Donald Trump emerged as the victor. The survey, conducted in the financial districts of Hong Kong and Shanghai by deVere Group, an international financial consultancy, found that 55% of the over 650 people interviewed for the study think that a Trump presidency will be positive for the global economy. Even so, over two thirds of those interviewed were surprised by the result of the election, with 32%...
  • HSBC knowingly helped Mexican cartels launder billions, lawsuit claims

    07/11/2016 11:42:01 PM PDT · by Ray76 · 19 replies
    Fox News Latino ^ | Feb 11, 2016
    The banking giant HSBC "knowingly" provided support to four of Mexico's most notorious drug cartels by laundering their money and providing material support to terrorists, according to a new lawsuit filed by four families. The papers filed in U.S. District Court in Brownsville, Texas, on Tuesday say that laundering drug money made it possible for the cartels to operate. "HSBC's substantial and systemic money laundering support materially aided the activities of the Mexican cartels, including the Sinaoloa, Juárez, and Los Zetas cartels," court documents read.
  • Disney Shanghai Theme Park's Opening Day Tickets Sold Out

    04/07/2016 7:42:55 AM PDT · by SeekAndFind · 10 replies
    NASDAQ ^ | 04/07/2016
    Are you planning to visit The Walt Disney Company 's DIS new Shanghai Disney Resort which is scheduled for a grand opening on Jun 16? Then you are probably too late. Because, as per Bloomberg reports, the theme park's opening day tickets were sold out within just a few hours after they became available online. The $5.5 billion Shanghai Disney Resort will be the company's second largest theme park and its first in Mainland China. The Hong Kong Disneyland, inaugurated in 2005, was Disney's first foray into China. The Shanghai theme park was originally scheduled to open in Dec 2015,...
  • Shanghai Comp skids 7.63% to end at 8-month low

    08/25/2015 12:30:49 AM PDT · by TigerLikesRooster · 9 replies
    CNBC ^ | Aug. 25, 2015 | See Kit Tang
    Shanghai Comp skids 7.63% to end at 8-month low See Kit Tang | @SeeKit_T The mayhem in Chinese equity markets showed no signs of abating on Tuesday, with the benchmark Shanghai Composite index accelerating its downfall in the final hour of trading to settle below the key 3,000 mark. Japan's Nikkei 225 index was the second-biggest laggard in the region, closing down 4 percent, after turning negative in the afternoon trading session. Earlier in the session, the Tokyo bourse had staged a comeback, alongside most of the other regional stock indices, on the back of bargain hunting in beaten-down stocks...
  • China's stock markets opens sharply lower as rout shows no sign of let-up

    08/24/2015 6:54:40 PM PDT · by Pete from Shawnee Mission · 24 replies
    South China Morning Post ^ | Tuesday, 25 August, 2015, 9:18 pm EST | Enoch Yiu
    Shanghai shares crumbled from fresh selling on Tuesday as a rout shows no sign of slowing down in the market as investors flee the market. The Shanghai Composite Index opened at 3,004.13 point, down 6.41 per cent, or 205.87 points. The CSI300 index of Shanghai-Shenzhen large cap stocks opens at 3,070.01 , down 6.27 per cent or 205.52points. The Shenzhen Composite Index opens at 1,751.28, down 6.97 per cent or 131.18 points. The NASDAQ-style ChiNext Price Index dropped 6.94 per cent, or 149.30 points to open at 1,996.04..
  • Asian stocks swoon, with Shanghai Comp down 6.1% (Chinese stock market TANKS! Down 6.1%)

    08/18/2015 5:45:51 AM PDT · by Enlightened1 · 5 replies
    CNBC ^ | 08/18/15
    Mainland markets fall China's Shanghai Composite index accelerated the pace of decline in the afternoon session, closing down 6.12 percent at its lowest level since August 7, as concerns over the yuan eclipsed data which showed monthly home prices up for a third straight month in July, indicating that country's all-important property sector may be finally bottoming. Prior to the market open, the People's Bank of China (PBOC) set the midpoint rate at 6.3966 per dollar, firmer than the previous fix of 6.3969. However, the yuan fell against the greenback, slipping modestly to last change hands at 6.4011. Among the...
  • NYU booting blind Chinese dissident Chen Guangcheng amid Shanghai expansion: sources

    06/14/2013 3:04:00 AM PDT · by markomalley · 3 replies
    NY Post ^ | 6/13/2013 | JAMES COVERT
    NYU isn’t letting a pesky thing like human rights stand in the way of its expansion in China. The university has booted a blind Chinese political dissident from its campus under pressure from the Communist government as it builds a coveted branch in Shanghai, sources told The Post. Chen Guangcheng has been at NYU since May 2012, when he made a dramatic escape from his oppressive homeland with the help of Hillary Rodham Clinton. But school brass has told him to get out by the end of this month, the sources said. Chen’s presence at the school didn’t sit well...
  • New Year’s Eve stampede kills 35 in Shanghai after fake money thrown from building

    12/31/2014 7:22:50 PM PST · by TigerLikesRooster · 21 replies
    Reuters GMA ^ | January 1, 2015 | ADAM JOURDAN
    New Year’s Eve stampede kills 35 in Shanghai after fake money thrown from building By ADAM JOURDAN, Reuters January 1, 2015 7:12am (Updated 8:36 a.m.) SHANGHAI - A stampede killed at least 35 people during New Year's Eve celebrations in Shanghai, authorities said, possibly caused by people rushing to pick up fake money thrown from a building overlooking the city's famed Bund waterfront district. The Shanghai government said that large crowds started to stampede in Chen Yi Square on the Bund just before midnight, with authorities working to rescue and aid the wounded. It was not immediately clear what triggered...
  • Stampede in Shanghai during New Year’s celebration (at least 35 killed, 40+ injured)

    12/31/2014 12:50:51 PM PST · by tcrlaf · 25 replies
    CCTV ^ | 12-31-2014 | CCTV
    stampede in the Bund, a waterfront area in central Shanghai, during a New Year’s celebration injured numerous people. Photos posted on Weibo, a Chinese social media platform, shows the chaos. There are reports of people killed and numerous injured. More on this developing story as it comes into CCTV America.
  • Shanghai shipyard 'to build second Chinese designed aircraft carrier'

    10/22/2014 2:34:18 AM PDT · by sukhoi-30mki · 8 replies
    South China Morning Post ^ | Wednesday, 22 October, 2014 | Minnie Chan
    Work on China's second locally designed and built aircraft carrier will soon get under way at Jiangnan Shipyard, overseas reports says China will soon start building its second locally designed aircraft carrier in Shanghai, according to a Canadian report. Kanwa Asian Defence, an English-language monthly defence review produced in Toronto, said Shanghai's Jiangnan Shipyard was preparing to start work on the carrier. When completed, the carrier and another under construction in Dalian will give the PLA Navy two fully functioning, battle-ready aircraft carriers. The recently completed Liaoning, the refitted former Soviet carrier Varyag, is classed as a training platform, not...
  • Shanghai to San Francisco in 100 minutes by Chinese supersonic submarine

    08/24/2014 6:00:06 AM PDT · by sukhoi-30mki · 72 replies
    South China Morning Post ^ | Sunday, 24 August, 2014 | Stephen Chen
    Chinese eye 'supercavitation' technology as future of underwater travel China has moved a step closer to creating a supersonic submarine that could travel from Shanghai to San Francisco in less than two hours. New technology developed by a team of scientists at Harbin Institute of Technology's Complex Flow and Heat Transfer Lab has made it easier for a submarine, or torpedo, to travel at extremely high speeds underwater. Li Fengchen, professor of fluid machinery and engineering, said the team's innovative approach meant they could now create the complicated air "bubble" required for rapid underwater travel. "We are very excited by...
  • Bridge connecting Ireland and Britain that could change lives mooted [2013]

    08/02/2014 11:17:33 AM PDT · by SunkenCiv · 41 replies
    IrishCentral ^ | August 15,2013 | Staff Writers
    The longest sea bridge in the world at 20.2 miles long is the Donghai bridge that links Shanghai to Yangshan in China. A bridge from either Northern Ireland or the Republic of Ireland would have to be even longer than that. In 2007, a 21-mile rail bridge was proposed between Galloway, Scotland, to Belfast, Northern Ireland. The idea would have trains running from Dublin, through Belfast, over the sea to Scotland, and then down railways into London... "Four main routes have been proposed. Two run from Scotland to Northern Ireland - Campbeltown to County Antrim, or Stranraer to Belfast. Two...
  • Shanghai’s youth are world’s most financially literate

    07/10/2014 7:16:45 AM PDT · by SeekAndFind · 6 replies
    In the first ever international assessment of financial nous among the young, China’s most populous city leads the field “by a wide margin” compared with teenagers in the US, France, Italy, Australia and elsewhere, informs “Armenpress”, in reference to Financial Times. The study was made by the OECD, the club of mostly rich nations, which tested 15- year-olds on basic financial concepts such as bank accounts, savings rates, managing finances and tax. Shanghai teens clocked a mean score of 603 points, 103 above the OECD average and 62 points ahead of the next best performer, Flemish Belgium. Five other economies...
  • Shanghai Warms Up To A New Cuisine: Chinese Food, American-Style

    02/12/2014 10:06:18 AM PST · by nickcarraway · 36 replies
    NPR ^ | February 12, 2014 | Frank Langfitt
    Imagine living in China and missing Chinese food. It happens. American expatriates who grew up with popular takeout dishes like General Tso's chicken can't find it in China because it essentially doesn't exist here. Much of the Chinese food we grew up with isn't really Chinese. It's an American version of Chinese food. Chinese immigrants created it over time, adapting recipes with U.S. ingredients to appeal to American palates. Now, Americans living in Shanghai can get a fix of their beloved Chinatown cuisine at a new restaurant called Fortune Cookie. A pair of American entrepreneurs launched Fortune Cookie last year...
  • China pollution grounds hundreds of flights, prompts severe health warning

    12/06/2013 9:26:26 AM PST · by mojito · 14 replies
    NBC ^ | 12/6/2013 | Didi Tang and Eugene Hoshiko
    SHANGHAI, China -- Hundreds of flights were delayed or cancelled on Friday in China's commercial hub of Shanghai as record levels of air pollution shrouded the city in smog, prompting authorities to issue the highest level of health warning. The incident is especially embarrassing at a time when China seeks to build Shanghai into a global business hub on par with the likes of London, New York and Hong Kong by 2020. On Friday afternoon, the Shanghai government issued its severest health warning as the city's pollution index ranged between 23 times and 31 times the levels recommended by international...
  • University to Study Confucius via Modern DNA Technology (China)

    11/11/2013 8:30:21 PM PST · by TexGrill · 8 replies
    China Radio International ^ | 11/12/2013 | Fu Yu
    Fudan University in Shanghai is to study China's historical figures such as Confucius and the early emperors through modern DNA technology, Beijing Times reports. The studies follow the latest findings published on Monday on Cao Cao, a warlord who lived nearly 2,000 years ago in final years of the Eastern Han Dynasty. It debunked rumors that Cao's father Cao Song was fostered by comparing the DNA of Cao's living descendents and that found in the teeth of Cao's grandfather. Han Sheng from Fudan University, who led the Cao Cao research, says it is a breakthrough in the fields of both...