Friday, 29 January 2010

Top lawyers walk out on Harry Elias Partnership

Between the five of them, there is a hefty amount of legal experience. Now, these top legal eagles, most of whom head departments in a range of areas, are walking out on their law firm, Harry Elias Partnership.

Romanian envoy was hit-and-run driver: Police


Police yesterday said they have evidence that Romanian Charge d’Affaires Silviu Ionescu was the driver of the car involved in a hit-and-run accident that left one person dead and two others injured last month.

Tomb fight spreads to warlord’s arch-rival


No sooner has the dust settled on a claim by Henan authorities to have found the tomb of fabled ancient warlord Cao Cao than a new controversy has flared.

The rise of the ‘Beijing consensus’

The world is trying to get a handle on China, the economy that emerged in a flash, and Beijing’s growing global clout

Mainland can ‘foot the bill’ of a credit bubble

China’s credit boom is unlikely to lead to a credit crunch as the government is fiscally strong enough to absorb a bubble, Fitch Ratings said.

Japan’s exports rise but reliance on China a worry

Japan’s exports in December rose from a year earlier for the first time since before the financial crisis hit, but a rising yen and a growing reliance on Chinese demand may bode ill as Beijing looks to tighten monetary policy.

Getting children to log off, shut down, go out


Technology monster defeats parents

Ex-finance staff on stand as Airocean trial resumes

A closely watched trial that addresses the extent of the liability of independent directors of listed companies has resumed in the Subordinate Courts.

Electric’s weak Shanghai debut sounds IPO alarm

Shares of China XD Electric, which raised US$1.5 billion this month in a Shanghai IPO, unexpectedly fell in their trading debut on Thursday, serving a stark warning to China’s securities regulator that it may have gone too far in trying to cool the overheating stock market.

Thursday, 28 January 2010

DNA tests on possible relatives may help verify grave of Cao Cao


A group of scientists from Fudan University in Shanghai have come up with a bizarre idea to verify the authenticity of a controversial ancient tomb: test the DNA of the tomb owner’s potential modern offspring.

Cosmetics firms turn to men for sales lift

Otsuka, Shiseido add product lines for male clients

Copper, Aluminium, Zinc Tumble as China Reins in Property Loans

Copper headed for its longest losing streak in seven weeks and aluminium dropped to the lowest level in more than a month as China, the world’s biggest metals consumer, stepped up measures to prevent asset bubbles.

Analysts keep eyes peeled on China property, bank sectors

But both analysts and Singapore companies with sizeable presence in China will keep a close eye on developments there, after last week’s news of the government putting a cap on rampant bank loans.

US-bound shipments clog Shanghai terminal

Shanghai port, the country’s busiest, is becoming increasingly congested with US-bound vessels amid a frantic rush of shipments to the world’s biggest economy.

Toronto a magnet for Hong Kong homebuyers

Financially armed Chinese immigrants, pent up demand and low mortgage interest rates are starting to push prices up in the city’s real estate market

Roubini: Asset Bubble Is Beginning Now

Withdrawing economic stimuli and tightening monetary policy are very difficult future policy choices, but something has to be done because asset bubbles have started to take shape, Nouriel Roubini, chairman of Roubini Global Economics, told CNBC Wednesday.

Another day, another raft of soccer scandals


Footballers paying big bribes for places at the national team’s training camp and even bigger ones to play in international games. Foreign coaches of the national team forced to pay agents kickbacks. Another official involved in match-fixing.

Heavyweight task force named to tackle soccer corruption

Liu Peng thinks he knows what’s wrong with soccer on the mainland - and as the minister for sport, he hopes he has the cure.

Footballers bribed officials to play for China, newspaper alleges

200,000 yuan buys international call-up, claims Shanghai report, as sports minister says corruption is deeply rooted

Ernst & Young pays up to settle negligence claim

The Hong Kong branch of accounting giant Ernst & Young, which in September l paid US$200 million to creditors of its collapsed former client Akai Holdings, has quietly settled another audit negligence case involving a failed local company.