Anonymous Coward User ID: 10753305
United States 08/14/2012 08:40 PM Report Abusive Post Report Copyright Violation | Breaking Chinese companies pull out of US stock markets! [ link to www.youtube.com] Breaking Chinese companies pull out of US stock markets! China warning Chinese companies to pull out of US stock markets before collapse ? Chinese companies pull out of US stock markets Chinese firms leave US stock markets amid complaints about price, accounting scrutiny BEIJING (AP) -- Just a few years after Chinese companies lined up to sell shares on Wall Street, a growing number are reversing course and pulling out of U.S. exchanges. This week, Focus Media Holding Ltd., announced its chairman and private equity firms want to buy back its U.S.-traded shares and take the Shanghai-based advertising company private. The deal would value Focus Media at $3.5 billion, according to financial information firm Dealogic. 3.) Global impact as drought wilts US crops At least 29 states in the United States'' Midwest are feeling the heat of the Big Dry as oppressive heat and a worsening drought are pushing grain prices near or past records. Corn is a mega-crop and a bad year drives up the price everything from beef to cereal and auto fuel. As crops continue to wilt and falter, farmers and consumers across the globe are hoping for more rain, despite forecasts of dry days ahead. Al Jazeera's John Hendren reports from Rensselaer, Indiana. |
Anonymous Coward User ID: 9128390
Australia 08/14/2012 08:44 PM Report Abusive Post Report Copyright Violation | Re: Breaking Chinese companies pull out of US stock markets! The world is changing.. |