Saturday, 21 March 2009
MM Lee on Singapore’s population
Even after the millions spent on Baby Bonuses and other parenthood incentives, policy - makers are confounded by a problem that goes to the very heart of survival: Singaporeans are still not reproducing themselves.
Looming Bad Loans May Spell Trouble for Banks
As Chinese banks disclose their 2008 annual reports, the economic slowing’s influence on bank loan quality is emerging. The Bank of Communications (BOCOM) reported a 40% net profit growth in 2008, but in the fourth quarter bad loans increased and asset quality declined.
A long history of people trying to control Tibet
It happened in the 19th century, when Tibetan officials, seeing Britain and Russia jockey for influence in Central Asia during the geopolitical contest known as the Great Game, decided to close Tibet to foreigners. The very state of isolation inspired explorers, spies, missionaries, colonial officers and Buddhist devotees into quests to reach Lhasa, the Tibetan capital.
Taiwan softens its defence policy in new sign of warming ties
Taiwan would drop the terms “active defence” and “pre-emptive strike” from its defence policy, the island’s military said yesterday in yet another sign of fast-improving cross-strait relations.
Leftists make comeback, blaming crisis on free-market liberalism
After years living in the political wilderness, mainland leftists - an umbrella term that spans free-market critics to veterans nostalgic for bygone Maoist days - are making a quiet comeback.
How the Crash Will Reshape America
The crash of 2008 continues to reverberate loudly nationwide - destroying jobs, bankrupting businesses, and displacing homeowners. But already, it has damaged some places much more severely than others. On the other side of the crisis, America’s economic landscape will look very different than it does today. What fate will the coming years hold for New York, Charlotte, Detroit, Las Vegas? Will the suburbs be ineffably changed? Which cities and regions can come back strong? And which will never come back at all?
Friday, 20 March 2009
Growling at a Crisis Charles Morris Foresaw
Americans are asking a lot of questions about the subprime crisis. But one author saw it coming -- and forecasts long-term effects.
Legal Implications of Coke-Huiyuan
The case has set a precedent for the implementation of China’s anti-monopoly law, but not the one that was hoped for by many legal experts.
High-quality fake yuan notes found in Fuzhou
Fuzhou police announced that fake 100-yuan notes whose serial numbers began with CE86 and CH31 had been seized when a counterfeit ring was smashed.
Shanghai vows transparency
Shanghai’s municipal government has vowed greater transparency and accountability in considering the public’s views, local media have reported.
250,000 cameras watching you in Guangzhou
Some people believe that the government watches everything on the mainland. In Guangzhou, that’s not far wrong.
Chen’s wife spent state funds on self
The former chief accountant of former Taiwanese president Chen Shui-bian told Taipei District Court yesterday that former first lady Wu Shu-chen had used public money to “buy food and other personal expenses”.
Funds, banks start shopping for real estate assets
Players laying groundwork to snap up regional assets on the cheap
SGX flags hot spots for company boards
In a timely alert, it calls on boards to verify cash and other areas of heightened risks
Warning sounded but no one heeded
One fundamental lesson from the current financial crisis is to stop shutting out dissenting, contrarian voices
Lessons for the West from Asian capitalism
Regulating markets: China was wary of deregulation. Indeed the Chinese leaders may have understood earlier than most that America was building a house of cards with its reckless creation of derivatives
Soldiers’ Accounts of Gaza Killings Raise Furor in Israel
An elementary school in the Gaza strip that was heavily damaged during the Israeli bombardment that ended two months ago.
Bid to sell Beauty China shares fails
Beauty China's chairman Wong Hon Wai had entered into an agreement to sell a 14 per cent stake to a buyer associated with the holding company of a firm listed in Hong Kong. The deal was terminated after the potential buyer's conditions were not met.
Israelis describe wanton killings
Soldiers speak of unjustified shooting of civilians; rights groups seek probe of ‘abuses’
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