Friday, 18 September 2009

Ex-Morgan Stanley banker jailed for 7 years


A Hong Kong court on Friday sentenced a former senior banker at Morgan Stanley to seven years in jail -- the heaviest punishment it can impose -- in the city’s largest insider dealing case.

Andy Xie: What We Can Learn as Japan’s Economy Sinks

Japan hasn’t sustained growth bounces for decades, nor will it under the DPJ government. Therein lie lessons for other economies.

Three former senior execs of Daka Designs charged in Hong Kong

Three ex-senior executives of a former Singapore- listed company, Daka Designs, have been charged in Hong Kong with conspiring to defraud shareholders and the Singapore Exchange between early 2003 and May 2005.

Silent cries of foreign brides

Controls needed to protect women in such arranged unions

Shenzhen begins push to increase transparency

When it comes to freedom of the press, the mainland has a poor record overall by Western standards, but Shenzhen authorities announced yesterday a new initiative to enhance government transparency, saying that officials who violated it could face Communist Party disciplinary action or lose their jobs.

Now, a less aggressive manner

When Mr. Vijay Badami and his family returned to Karnataka in India a couple of years ago, relatives told him that Singapore had changed them.

More S-chips go on charm offensive

More S-chips are going on a charm offensive to revive interest among institutional investors. And their choice of weapons are roadshows, meetings and investor conferences.

Man, 68, charged with molest

Ho Ching, a former ice-cream vendor, allegedly kissed the girl in the living room of his flat at New Upper Changi Road on Aug 8 last year.

Just how far can ‘internal affairs’ be stretched?

Ever since the 1950s, China has subscribed to the principle of non-interference in the internal affairs of other countries, which was first written into a treaty that it signed with India in 1954. Since then, China has continued to loudly uphold this principle and to criticise those who, in Beijing’s view, interfere in its internal affairs, including commenting on its human rights record.

Guangdong goes after fleeing debtors

China’s southern Guangdong province has passed a law aimed at barring foreigners and locals from fleeing the country to escape failed business investments and debts.

Go-karters build $2m race track

Competition-grade circuit open to public and racers

Eyeing China, Singapore sees Mandarin as its future

A cacophony of Mandarin and English echo through the streets of Singapore’s Chinatown as crowds of shoppers buy joss sticks and fruit as offerings to the spirits during the Seventh Month Ghost Festival.

China walking taller than before the crisis

If any country can be said to have had a good crisis, it is China.

Thursday, 17 September 2009

China growth path could exceed planet’s resources

If China’s economy continues to expand rapidly and rely heavily on coal and other fossil fuels until the middle of the century, its power demands could exceed what the entire planet can withstand, according to a study by government think tanks released Wednesday.

Bocom in talks with some S-chips to tap Hong Kong market

BOCOM International Holdings, which recently made its first investment in a Singapore-listed Chinese company, is now in talks with a few other S-chips to tap the Hong Kong market.

Australian police deny Indian race attack cover-up

Australian police on Wednesday denied trying to cover up a racial attack that left four Indian men seriously hurt and renewed fears over the safety of South Asian students.

As Expo looms, officials battle local dialect again

Shanghai authorities have launched a week of events aimed at stamping out what they see as an obstacle to good public communication - the local dialect.

Without proper disclosure, how useful are research reports?

The first important disclosure is the track record of the recommending analyst and whether he, she or their families own shares in the companies that are the subject of the recommendations. This information should appear on the first page for easy reader access; however, the current practice is not to include any information on track records while share ownership details - or the absence thereof - always appear in appendices and are usually in fine print as if they were simply incidental information.

Beauty China not appealing against winding-up order

Cosmetic company Beauty China Holdings is headed for liquidation as it will not be appealing against the winding-up order made by the High Court in Hong Kong.

Chefs in the soup, hotels in a tizzy

Some cite need to tighten purchasing systems; others worry about fallout