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Sprawling group owns assets including Thomas Cook, Club Med and Wolverhampton Wanderers
China’s biggest banks and state-owned companies have been told to check their financial exposure to Fosun, the sprawling conglomerate that owns assets including, as the heavily debt-laden group struggles from the impact of downturn in the property sector in its home market.
The financial strength of the Shanghai-based group, co-founded in 1992 by the and built into one of China’s largest non-state-owned conglomerates, has come under scrutiny after a huge sell-off in property bonds that began in June.

In March 2021, a 21-year-old man murdered eight people, including six women of Asian descent, at three spas in Atlanta, Georgia. The shooting was a watershed moment in a year of increasing violence ...

Pork costs in China, the world’s biggest consumer, rose an average of 22.5% last month
The price of Chinese pork surged to a new high in August, prompting authorities to take the year’s first dip into national meat reserves to ensure supply for the holidays.
Pork costs in China rose an average of 22.5% last month, compared with last year. It followed the highest recorded month-on-month increase of 25.6% in July, as CPI also hit a two-year high of 2.7%. August’s rise occurred despite an unexpected slowdown of CPI inflation to 2.5%.

As world leaders prepare for a meeting of UN general assembly, the raging war of narratives shows no sign of abating
Until one short week ago, the geopolitical balance in Ukraine could be likened to Zugzwang – the delicate point in a board game when any move will probably disadvantage a player.
For the west, as it prepared to gather with other world leaders at the UN general assembly in New York, there seemed to be no good option, apart from hanging on. It could hardly retreat in its support for Ukraine – too much of the liberal democratic order had been declared to be at stake, too much Ukrainian blood spent, too much western treasure expended, including $5bn (£4.27bn) a month just to finance the Ukrainian state. The US alone has spent $15.5bn since the start of the war.

Financial disclosures show how Ron Johnson’s wealth sharply increased thanks to his holding in Oshkosh-based Pacur
The Wisconsin Republican senator Ron Johnson, a vocal critic of Beijing who has vowed to launch investigations into the Biden family’s alleged relationships with Chinese businesses, declared $57m in income in his first 10 years in office in connection to his ownership stake in a company whose growth has closely been linked to China.
Financial disclosures show the senator’s wealth has sharply increased during his years running for and serving in the Senate thanks to his holding in Oshkosh-based Pacur, a plastics maker where Johnson previously served as top executive.

Chinese hot mustard, which can be found as a powder in the spice aisle, or as a sauce in the condiment section, is made from brown mustard seeds. These have more heat and are more pungent than white ...

New documentary features narration by Emmy nominated actress Sandra Oh and original music by Grammy and Academy Award-winning musician Jon ...

At least 22 Asian American candidates are running for offices in the November election and next year’s city elections, not to mention others running in other local races across the state.

That's according to a September McKinsey study of 24,842 U.S employees, in which 2,178 self-identified as Asian American. Per the report, 30 percent of Asian American respondents said their race ...

With lack of food, medicine and other crucial supplies, residents of Yining are chafing under a monthlong pandemic shutdown.

VERONA, Wis.- The Verona Area School District Board unanimously passed a resolution Monday to provide learning materials on Asian American and Pacific Islander communities in their K-12 curriculum. ...

Former United Nations Ambassador Nikki Haley urged Asian American voters to support Republican candidates in the upcoming November election during a rally at a popular South Asian shopping center ...