Saturday, 28 February 2009

Europe's Crisis: Much Bigger Than Subprime, Worse Than U.S.

Don't 'Buy and Hope:' How to Survive Until the Next Bull Market

In China, Speculators Need Not Pay to Play


Several Chinese state-owned companies lost huge sums through speculative financial trading, but only Chen Jiulin (CAO) went to jail.

Web of Silence Tied to Coal Mine Disaster

Authorities say reporters and officials conspired to conceal news of a Hebei Province explosion that killed dozens of coal miners.

A standoff over knockoffs in famed China market

Any tourist who has stepped foot in this city’s famous Silk Street Market can testify that it is home to some of the wiliest, most tenacious vendors who ever tried to pawn off a fake handbag on a naïve foreigner.

Officials Probe Deadly Game in Yunnan Jail

Prosecutors may file charges following the death of an inmate four days after a game of tag triggered a jailhouse scuffle.

Friday, 27 February 2009

Two sites identified for Jackie Chan’s houses


Star says it will take a miracle to keep antiques in HK

Artefacts’ sale will do nothing to help Sino-French ties

The auction of the controversial Qing dynasty bronze figures in Paris on Wednesday will probably slow repairs to the tattered Sino-French relationship, say mainland analysts.

Beijing accuses Christie’s of regularly selling looted relics


Auction of bronzes sparks tougher checks on ‘illegal trade’

Christie’s punished for auction of relics

Beijing swiftly moved to punish auction house Christie’s with tightened customs rules Thursday after its protests failed to stop the sale of two imperial bronze sculptures taken from China nearly 150 years ago.

不在乎天长地久,只在乎曾经拥有

不在乎天长地久,只在乎曾经拥有
What matters is the love we have ever shared, we do not mind whether our love is everlasting.

Beijing says foreign banks still welcome

Investors’ interest in stake sales of China banks points to sector’s strength

Regulator to put lid on bad loans

China aims to prevent a ‘massive rebound’ in non-performing loans, even as the world’s financial crisis deepens, the nation’s top banking regulator said.

Woes of grey market lenders

Business is good, but loan defaults are up and authorities are clamping down

Ferrari may be in race for new dealer


Hong Seh Motors, the local distributor for Ferrari sports cars, could face the loss of its 25-year franchise rights to the brand. Sources say that Ferrari is close to signing a new deal with tycoon Ong Beng Seng, who brought F1 to Singapore last year.

Traffic Police Hot Spot


Please take note of the new pricing from Traffic Police & the map of the Traffic Police where they usually hide their Mobile Speed Camera for your reference.

Thursday, 26 February 2009

Weaker currencies no cure for Asia’s slump


Tumbling exports have prompted Taiwan and Thailand to push down their respective currencies, but an Asia-wide round of depreciation is unlikely because of fears it would hurt consumer spending and bring capital outflows.

China tightens control on Christie’s after auction

In response to an auction by Christie’s of two bronze sculptures taken from the Old Summer Palace in 1860, held despite China’s protests, the State Administration of Cultural Heritage (SACH) Thursday imposed limits on what the auction house can take in or out of China.

DBS sets up China fund

DBS Bank has set up a US$100 million private equity fund to invest in China.

3 soldiers on graft charges


Ee Jin Liang (centre), Adrian Tan (left), and Ang Zi Heng (far left) could face up to five years in jail or a fine of up to $100,000, or both, for each corruption charge