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Wealthy Chinese Park Money From New York High-Rises to Suburban Houses

Feb 10, 2015 09:01 PM EST

Plush apartments in New York City's upscale neighborhood, Manhattan, are the favorite playgrounds of China's wealthy. But in recent months, these well-heeled real estate investors chose new properties away from the city center, toward the leafy suburbs of Gold Coast in North Shore and Long Island.

Owning A House Not Top Priority For Chinese University Graduates

Vittorio Hernandez |

Dec 26, 2014 03:15 AM EST

About 64 percent of Chinese university graduates who were respondents to a study by the Chinese Academy of Social Sciences (CASS), a think tank, said that they are not willing to sacrifice quality of life just to afford buying a house.

Suspect Arrested in Kidnapping Case of Real Estate Agent Beverly Carter

Kat De Guzman |

Sep 30, 2014 03:39 AM EDT

A suspect in the kidnapping of Arkansas real estate agent Beverly Carter was captured on Monday, and is now being questioned at the Pulaski County Investigations Division, reports state.

Trades of China and US: Tagging Along in the Stock Market

Staff Reporter |

Sep 24, 2014 03:09 AM EDT

China's distressing position in the stock market seem to be getting worse as their oil prices continue to drop on Monday, September 22. This has been deemed as their largest fall in what was said to be a seven-week streak.

Harvard University Receives Largest Donation Ever of US$350M From Hong Kong Philanthropist

Desiree Sison |

Sep 10, 2014 02:45 AM EDT

Harvard University has received U.S. $350 million from the estate of a late Asian philanthropist--the largest ever gift or donation it has received in its 378-year history.