Week 11

  The World Health Organization has approved the first rapid test of Ebola. The test is regarded as a potential breakthrough for ending the epidemic in West Africa, where the virus has killed almost 10,000 people. The World Health Organization says the test is able to correctly identify about 92% of Ebola infected patients and 85% of those not infected with the virus.
  In my view, I believe it is slightly less accurate than the standard test but easier to perform. It doesn't require electricity, and can provide results within 15 minutes, a much shorter turnaround time compared to the 12 to 24 hours of the standard test.

  Wanda which is a Chinese conglomerate and China's biggest private property developer. It's chairman, Wang Jianlin, is known to be a dit-hard football fan. And this looks to be kicking off more sports and entertainment deals for the company. In addition to this 1.2 billion US dollar deal for Infront Sports, just last month, Dalian Wanda also announced a 51 million US dollar investment in Spanish soccer champions Atletico Madrid. On the entertainment front, Wanda purchased AMC Entertainment, the owner of a large chain of US movie theaters, for 2.6 billion dollars in 2012.

  From my perspective, I think its move to branch away from the property business and diversify its holdings also comes as the Chinese economy begins to slow, and real estate prices slump in many cities across the country.