Monday, 7 December 2009

SGX makes it compulsory for brokers to mark short-sell orders

In a bid to increase market transparency, the Singapore Exchange (SGX) has said that it is making it compulsory for brokers to mark all short-sell orders.

Chinese woman altered fingerprints for Japan entry

A Chinese woman arrested in Japan for illegal entry had altered her fingerprints through surgery to fool a biometric security system at the airport, media reports said Monday.

Olam advisers lose fees in US$400m bond issue

Olam International had trouble selling US$400 million of convertible bonds in early September because convertible arbitrage funds could not borrow Olam stock for shorting, said the company’s chief executive, Sunny Verghese.

Chinese auction site a boon for businesses, big and small

Taobao’s growing popularity has captured the imagination of students like Ge, but also giants like Dell, Uniqlo, Procter and Gamble, and Chinese firms seeking to step from the shadows after years of manufacturing for US and European labels.

Sunday, 6 December 2009

Ajahn Brahm on "The Meaning of Life"

When Uncle Sam calls East Asia’s bluff

At least by the measure of stock market prices, the world is returning to the happy days of early 2008, before the financial shocks. But some less obvious, yet perhaps more profound, signs point to fundamental changes. Asia, in particular, boasts about some of these - a shift in power and wealth to the East - but, in practice, is ill-prepared for their realisation.

Family portrait of 56 ethnic groups in China


Chen Haiwen, a photographer, recently lead a team of 14 photographers to create a book entitled, “Harmonious China: A Sketch of China’s 56 Ethnicities.” The team spent one year travelling all over China to complete the project. They ended up taking over 5.7 million photographs.

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Fugitive running out of options


Canadian Prime Minister Stephen Harper has just wrapped up a four-day visit to China, during which he sat down with the country’s leaders and signed a number of agreements, including one on climate change. But there was one topic he would have preferred to avoid but which inevitably cropped up - the extradition of Lai Changxing, the country’s most famous fugitive.

Gome founder to be charged with corruption, insider trading

After a year of gathering evidence, mainland prosecutors have decided to charge the billionaire and former Gome Electrical Appliances chairman with corruption and insider trading, mainland media said.

Investors are happy to follow the herd


Widely held views on the market are favoured, never mind they are often wrong

China’s Red Princesses

These social butterflies mix with European and American glitterati, but few in China get to hear of their exploits

New Zealand man injects sleeping wife with HIV

An HIV-positive man in New Zealand has admitted injecting his blood into his sleeping wife and infecting her with the virus which can cause AIDS, a newspaper reported Sunday.

Revelation of Swiss bank accounts

TOP FIVE

1. INDIA - $1,456 BILLION
2. RUSSIA - $470 BILLION
3. U.K. - $390 BILLION
4. UKRAINE - $100 BILLION
5. CHINA - $96 BILLION

Chinese wind power companies target global markets

China’s Goldwind Science & Technology Ltd. is one of the world’s biggest makers of wind turbines - a cornerstone of the booming clean power business - but is virtually unknown outside its home country.

China targets illegal golf links

Crackdown comes amid widespread construction of courses

China launches ad campaign to salvage global image

China, the country that introduced the world to formerly obscure chemicals such as melamine and diethylene glycol via a series of product safety scandals, is now hoping to salvage its image through an advertising campaign.

Beijing to let foreigners set up limited partnerships

Foreign firms and individuals will be allowed to set up limited partnership firms in mainland from March next year, a move that could make it easier for some overseas investors to tap the domestic market.

Saturday, 5 December 2009

A truly modern army can’t be a tool of the party

Despite its name, the People’s Liberation Army is an army of the Communist Party, not of the nation. This is not only political reality, but something written into the constitution.

Dr. Lim Hock Siew's Speech

Mystery bankers, dodgy deals, missing millions


The auditors travelled to China to probe cash transactions made by Sino-Environment. It turned out to be a rocky journey as the company staff and its supposed ‘bankers’ appeared to have laid roadblocks at every step.

29 Catalist firms still do not have sponsors

Unsponsored firms face trading suspension, then delisting

Swing Media secures $10m equity line facility

Swing Media Technology Group says it has entered into a $10 million equity line facility (ELF) with YA Global Master SPV, a fund managed by New Jersey’s Yorkville Advisors.

Friday, 4 December 2009

High-rating television show about urban life suspended


Content on corruption and affairs too realistic, reports say
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Thursday, 3 December 2009

Stocks will dive back to 2008 March low - analyst of Societe Generale S.A, Edwards

U.S. stocks are heading for a fall to below their lows of last March.

Asia is poised for V-shaped recovery next year

Asia is poised for a sharp economic recovery next year, even as developed economies in the West continue to struggle, according to Standard Chartered’s chief economist.

Sincere Watch sets its sight on China, India

Sincere Watch will focus on growing the business in Asia by setting up stores in parts of China and India rather than turn to acquisitions at this point.

Get stockbrokers in on governance

Why is it that when scandal rocks the stock market - as it has this year with the high-profile problems at various China companies listed on the Singapore Exchange (SGX) - nobody looks at the role that the stock broking community might have played in safeguarding investors’ interests?

Wednesday, 2 December 2009

Peru human fat killings ‘a lie’

Peru’s police chief has suspended a top investigator for saying he had caught a gang who were murdering people to sell their fat.

Mortgage slaves’ plight more fact than fiction


Until it was mysteriously pulled from the airwaves recently, the latest hit TV show on the mainland was Woju. Set in the imaginary city of Jiangzhou, clearly based on Shanghai, it follows white-collar workers as they struggle to buy apartments.

Low Thia Kiang: “Cooling-off” period will give PAP an extra day of campaigning

The late Singapore Chief Minister Mr. David Marshall once described the Straits Times as the “running dogs and prostitutes of the PAP”.

The state media is known to portray PAP candidates in a positive light while casting aspersions on the characters of opposition candidates.

Asia Tiger prowls for fund-raising options

Asia Tiger - soon to be renamed The Think Environmental Co Ltd - is exploring ways to fund its change of stripes.