China crash (Andy Wong / Associated Press)

China Stock Market Implosion Continues

Chinese stocks in Hong Kong fell to the lowest level in four years as mainland shares plunged, forcing an early halt to trading for the second day this week, after the central bank cut its yuan reference rate by the most since August.

AP Photo

Markets Crushed: China Cuts Employment for 22nd Month in a Row

Asian stocks were crushed across the board at midday trading after China cut employment for the twenty-second month in a row, as the nation’s General Manufacturing PMI™index deteriorated at its fastest rate since March 2009.

AP Photo/Andy Wong

Apple Losing Market Share in China Tanks Stock

Apple (NASDAQ:AAPL=$115) stock has plunged about $114 billion in market value since the company reported very good quarterly sales and earnings two weeks ago.