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China trade shrinks in April in troubling sign for economy

  Tokyo / Bloomberg China’s trade shrank in April in a sign government stimulus is failing to jolt the world’s second-largest economy out of a prolonged slowdown. Exports contracted by 1.8 percent from a year earlier to $172.7 billion, falling back into negative territory after March’s temporary burst of 11.5 percent growth, customs data showed on Sunday. Imports plunged 10.9 ...

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Disney lifts veil in sneak preview of $5.5bn Shanghai Park

  Beijing / Bloomberg Walt Disney Co. employees and guests received a sneak preview of Shanghai Disneyland, as the world’s largest entertainment company gets set for next month’s official opening of its first theme park in mainland China. A trial run for the $5.5 billion Shanghai Disney kicked off recently. Guests are limited to the resort’s employees, partners and stakeholders, ...

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Thousands take to streets in Greece ahead of reform vote

  Athens / AFP   Thousands of protesters took to the streets of Athens on Sunday as Greece’s parliament prepared to vote on a controversial tax and pensions overhaul which has sparked mass opposition. Police said almost 15,000 people turned out to march in Athens and the second city of Thessaloniki against the measures demanded by the EU and IMF ...

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