Unpaid Chinese investors descend on offices of martial arts movie backer

More than 100 Chinese investors descended on the Shanghai offices of Jinlu Financial Advisors on Thursday demanding their money back from investments, including those tied to a martial arts film whose box office figures were inflated. Investors on the scene told Reuters that the asset manager invested in movies, real estate and various other sectors … Read more Unpaid Chinese investors descend on offices of martial arts movie backer

U.S. fills in the blanks as coloring books sweep market

Coloring books, once seen only as a pastime for children, have become a growing craze for American adults looking to unwind or test their creativity with coloring pencils. The trend has spawned coloring parties and clubs where grown-ups get together to color and socialize. “You feel creative and you’re like, ‘Wow, I didn’t know I … Read more U.S. fills in the blanks as coloring books sweep market

‘South Africa’s Schwarzenegger’ aims to lift poor with township gyms

Striding around the gym he built in his grandmother’s backyard, South African bodybuilding champion Tumi Masite recalls the day Arnold Schwarzenegger’s former trainer paid him a visit. Reg Park had heard about Masite during a trip to South Africa a decade ago and offered him advice that helped the bodybuilder win national championships. Now Masite … Read more ‘South Africa’s Schwarzenegger’ aims to lift poor with township gyms

Move over Mao: Beijing tomb sweepers preen pampered pets’ graves

China celebrates the Qingming tomb-sweeping festival on Monday, with much of the ceremonial ritual of honouring the dead these days not geared towards beloved relatives, but beloved pets. Once banned by Communist leader Chairman Mao Zedong as a bourgeois pastime, having a pet has now become a symbol of financial success in China, which has … Read more Move over Mao: Beijing tomb sweepers preen pampered pets’ graves