Cost of dying worries the living in Shanghai

While homebuyers complain about Shanghai’s overheated property market, burial sites in the city’s suburban areas are at a premium, costing 50 per cent more than housing on a per-square-metre basis.

Fund chief’s US$9m gift to Yale prompts torrent of net abuse

A Chinese entrepreneur who made a record donation of almost US$9 million to Yale University has caused a stir among mainland internet users after he attributed his success to postgraduate studies at the Ivy League school.

More Singaporeans have weekend homes in Iskandar, Johor

Four in 10 residents in south Johor special zone are Singaporean

Question mark over demise of telecom official

In the festive last week of 2009, two news stories initially sent chills down the spines of mainland telecom officials. On Boxing Day, the Communist Party’s top anti-graft watchdog announced it was investigating Zhang Chunjiang, vice-chairman and party secretary of China Mobile, for “serious disciplinary breach”, a euphemism for corruption. On December 31, the US Department of Justice and the Securities and Exchange Commission announced that UTStarcom, a maker of telecommunications and networking gear, had agreed to pay US$3 million in fines to settle charges including one alleging its China subsidiary bribed officials of mainland telecom companies to the tune of nearly US$7 million.

Solar energy - smoke and mirrors?

There is some scepticism about the potential of concentrating solar power projects in China

The new guard

China’s next generation of leaders will be hungry for change, not all of it reassuring

Time for an overhaul of listings rule?

The recent move by the Singapore Exchange (SGX) to broaden its admission criteria for the mainboard is perhaps long overdue, but will it be enough to transform the bourse into a capital market of choice?

24 million men face lonely future

More than 24 million Chinese men of marrying age could find themselves without spouses in 2020, state media reported yesterday, citing a study that blamed sex-specific abortions as a major factor.

Beijing warned over inflation

Beijing needs to tighten its monetary policy to avoid a property bubble and runaway inflation, or face an economy growing at a superheated 16 per cent this year, a top government research institute warns.

China to stem exodus of corrupt officials

Beijing is tightening the screws on a growing exodus of corrupt officials making away with stolen funds, its latest move in a renewed clampdown on rampant corruption.

Daryl Guppy: China trending behaviour includes increased volatility

The Shanghai market continues to encounter resistance between 3,300 and 3,400. For the bulls, this is evidence of a developing trend breakout. For the bears, it is evidence of an unsustainable bubble leading to a market crash.

China’s overseas-listed stocks now starting to head home

Chinese ‘orphan’ stocks - companies once lured to float overseas but now left neglected - are starting to head home, creating investment opportunities, said the head of money manager Martin Currie’s China business.

Critics query ID policy for buying train tickets

The new policy on train ticket purchases has sparked a debate over the Ministry of Railways’ motivation for implementing it as the Lunar New Year travel period approaches.

Piracy via paid file-hosting services

According to global website-tracking service Alexa, there are five file-hosting sites within its top 100 website list as of yesterday. The two most popular with downloaders here, Megaupload and RapidShare, are Singapore’s 33rd and 39th most popular sites, respectively.

Attacks part of campaign to steal codes, track activists

Cyber attacks that prompted Google to defy Chinese censors appear to have been part of an ongoing campaign to steal source codes and track human rights activists, experts say.

Fears that life without Google ‘will leave the mainland blind’

Mainland internet users are contemplating a Google-less future in the wake of the US search giant’s announcement it would no longer accede to government censorship demands.

Former bank owner ordered to repay loan

Prominent one-time bank owner Agus Anwar has failed in his attempt to get out of repaying a $10.5 million loan he received in 2008 from an investment firm while in financial difficulty.

Oversized bank bonuses: classic case of overcharging

Half the world, it seems, is at war with bankers over the issue of the bonuses they insist on awarding themselves, come good times or bad, solvency or bankruptcy. Yet, just about all of the suggested remedies to prevent this grand rip-off seem to be missing the point and do not really go to the heart of the issue. In essence, this is that if banks, unlike most other commercial organisations, can afford to dole out vast sums of cash to their (often undeserving) executives, then they must be overcharging for their services. Either that or they are ripping off their shareholders - or more recently, the taxpayer.

Singaporeans go abroad for cheaper beauty fixes

Singaporeans are the driving force behind Indonesian doctor Arthur Tjandra’s success: at his 18,000 sq ft Medan clinic Elixir de Vie, up to 90 per cent of those who come in for a nip and tuck are Singaporeans.

Fat Takings

With the recent death of a man after liposuction, Tan Dawn Wei and Debby Kwong talk to doctors in this controversial multimillion-dollar industry