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China May home prices rise at fastest pace this year

BEIJING (Reuters) - China's house prices rose at the fastest pace this year in May from a year earlier, though the pace of gains eased from the previous month, highlighting the dilemma facing the central bank as it balances the need to support the economy against holding down housing inflation.Full story

Australia eyes Buddha and baccarat to lure Chinese tourists

SYDNEY (Reuters) - Australia's coastal Wyong region outside Sydney, a pretty stretch of pristine beaches and wildlife-filled wetlands, isn't high on the travel agenda of most Chinese tourists. Full story

Big investor urges Smithfield breakup over buyout

(Reuters) - Starboard Value LP revealed a major stake in Smithfield Foods Inc on Monday and urged the world's largest pork producer to explore a breakup rather than go ahead with a planned $4.7 billion takeover by Chinese meat company Shuanghui International. Full story

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News Summary: Investor says Smithfield worth more

Snowden says 'litany of lies' prompted him to leak U.S. surveillance

Chinese supercomputer named as world's fastest

Big shareholder urges Smithfield breakup over buyout

Shareholder urges breakup of Smithfield, not takeover

China to host North Korean officials for talks this week

China pressured U.S. university to ask me to leave, dissident says

Tai chi: getting there more slowly, but gracefully and intact

France condemns attack on Chinese wine students

Smithfield Foods' 4Q profit falls 63 percent

Video

  Did Snowden have as much access as he claims?

NBC News' Andrea Mitchell joins a conversation about former CIA employee Edward Snowden and his leaks on the NSA's phone and internet surveillance programs.

  Fitch: 'Unprecedented' China Bubble Forming

David Riedel, Riedel Research Group president and founder, discusses how China's shadow banking system could create a situation where the country finds it hard to grow its way out of credit excesses.

  Activist Investor Urges Smithfield Breakup Over Buyout

Starboard's Jeff Smith explains why he believes selling Smithfield Foods piece-by-piece will breakout greater value for the company than a planned sale to a Chinese meat company.

  Double rainbow shines in China

A rare double rainbow was captured on video as it spread over northwest China. TODAY.com's Dara Brown reports.

  Cyberthreat Weekly Recap: Week of June 14

The US may be the pot calling the kettle black when it comes to hacks from China. CNBC's Scott Cohn reports that according NSA leaker Edward Snowden, the US government has been hacking Chinese computers since 2009. Also this week, 8 members of an inter...

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Related Photos

A tourist poses for a picture next to "Sky Wheel", a sculpture by Chinese artist Xu Hongfei, in Sydney
A tourist poses for a picture next to "Sky Wheel", a sculpture by Chinese artist Xu Hongfei, in Sydney

A Chinese tourist poses for a picture next to "Sky Wheel", a sculpture by Chinese artist Xu Hongfei, in central Sydney June 18, 2013. Australia's coastal Wyong region outside Sydney, a pretty stretch of pristine beaches and wildlife-filled wetlands, isn't high on the travel agenda of most Chinese to

Chinese artist Xu Hongfei poses for a picture next to his work titled "Sky Wheel" in central Sydney
Chinese artist Xu Hongfei poses for a picture next to his work titled "Sky Wheel" in central Sydney

Chinese artist Xu Hongfei poses for a picture next to his work titled "Sky Wheel" in central Sydney June 18, 2013. Xu's exhibtion featuring 18 sculptures will be on display around Sydney Harbour until June 27. REUTERS/Daniel Munoz (AUSTRALIA - Tags: SOCIETY)

Chinese tourists pose for a picture in Sydney
Chinese tourists pose for a picture in Sydney

Chinese tourists Kelly Yang and Amy Sheng pose for a picture in central Sydney June 17, 2013. Australia's coastal Wyong region outside Sydney, a pretty stretch of pristine beaches and wildlife-filled wetlands, isn't high on the travel agenda of most Chinese tourists. But the local mayor and a Chine