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July 7 - Bloomberg (Jasmine Ng and David Stringer): "Iron ore’s bear market deepened, with prices dropping below $50 a ton for the first time since April on concern that low-price supplies from Australia and Brazil will expand further whereas demand stumbles in China… Exports dropped 0.8% on declining demand for industrial aircraft and industrial tools… July eight - Bloomberg (Jesse Riseborough): "Fears of faltering Chinese growth ignited a $143 billion meltdown in international mining stocks as traders confront sputtering demand in the world’s largest consumer of commodities. July 6 - New York Times (Mike Isaac): "Shortly after presenting her start-up to potential investors at a conference, Nancy Hua was bombarded by eager suitors. A little greater than 48 hours later, the Silicon Valley entrepreneur had amassed about $2 million from wealthy people generally known as angel investors. Last 12 months, over 2,960 angels participated in a financing spherical, greater than triple the 822 angels who did so in 2010, in keeping with CB Insights… ‘We had dozens of individuals whose cash we turned down.’ For entrepreneurs, nabbing numerous angels - and distinguished ones in addition - has change into a kind of trophy collecting, a chase that comes with some threat for their firms.
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July 7 - Financial Times (David Oakley): "The international asset administration business grew to a report dimension last year as fairness and bond values rose sharply, helped by hopes of economic recovery and central bank interventions in the markets. July eight - Bloomberg (Lyubov Pronina): "Turbulence in international markets is pushing creating-nation debt sales into a freeze. Debt gross sales have dried up since Gabon’s $500 million offering a month in the past as a rout in Chinese equities and the deadlock over a bailout for Greece takes the nation to the brink of exiting the euro… In that sense, the unprecedented rescue moves, together with a multibillion-dollar fund arrange by Chinese brokerages at the government’s behest to buy blue chips, is a preview of what’s to come following the passage final week of a national-security legislation that massively expands the definition of threats to the state to cover nearly every side of domestic life, including ‘financial threat,’ as well as worldwide affairs.