Chinese Stocks Rally, Shanghai Index at 3-Year High

The video covers recent stock market trends, highlighting the Shanghai Composite Index surpassing 3000 and the CSI 300 index's 12-day rise. It discusses Merck's $8.4 billion acquisition of Cubist Pharmaceuticals to combat drug-resistant bacteria. The impact of new banking regulations on US clients, including hedge funds and insurance companies, is examined. The sentencing of Bernie Madoff's aides for their roles in a $17 billion Ponzi scheme is detailed. Lastly, the Duke and Duchess of Cambridge's visit to New York, including meetings with Hillary Clinton and President Obama, is covered.

What significant milestone did the Shanghai Composite Index achieve recently?

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What percentage increase in stocks was reported during the recent rally?

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What major acquisition did Merck announce?

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What advice are banks giving to their biggest US clients regarding cash?

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What is the fate of Bernie Madoff's top aides this week?

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