China accounting scandals put Big Four auditors on red alert

The string of accounting problems and stock plunges at publicly traded Chinese groups has sparked deep concerns across the world’s biggest audit firms, putting the so-called Big Four on alert from worries that their reputation could be brought down along with a growing list of stricken companies.

Torrential Rain Flooded Beijing

Beijing Flooded

Malaysian schoolgirl rakes in $10k by selling body

A secondary school student in Malaysia made 30,000 ringgit (US$9,955) during the year-end school break last year by selling her own body, Malaysian newspaper China Press reported.

‘We can’t contain our anger any longer’

4,000 workers making handbags for brands such as Burberry and DKNY go on strike for pay rises and an end to harsh treatment from their Korean bosses

Asia’s wealthy population overtakes Europe

Booming Asia had more millionaires than Europe for the first time last year and is fast closing in on North America for the top spot, a report released Thursday said.

China’s Boom Beginning to Show Cracks

New economic analyses of China provide further indication that the nation’s supercharged economy is beginning to slow, and warn that soaring inflation, rising labour costs and mounting local government debt threaten to weaken growth even more.

Chinese dairy standards ‘lowest in the world’

China’s dairy industry has the lowest quality standards in the world and much of the blame is down to the large companies that dominate it and the rock-bottom prices they pay farmers for raw milk, say industry experts.

Spilling over

The recent spate of violent protests across the mainland suggests that Beijing’s effort to keep a lid on social frustrations is failing. Instead, it must rethink its focus on economic growth and repression.

Indonesian branch of Obedient Wives Club opens

A new club in Indonesia that encourages women to be totally obedient to their husbands and focus on keeping them sexually satisfied has generated an outcry from some activists.

Why do people do bad things?

Tighter controls double price of some rare earths

Beijing’s plans to centralise control of mining assets and restrict overseas sales souring ties with clients

Vietnam’s lure hurt by strikes

Foreign companies drawn by cheap labour to open factories in the country are going elsewhere as inflation forces workers to demand higher pay

Wine investors see red

A week after news of a police probe into an alleged investment scam involving Premium Liquid Assets’ (PLA) Hong Kong office hit the headlines in the territory, Singapore investors of the locally-incorporated wine investment company are also searching for answers about their investments.

Corrupt Chinese officials flee with US$120b

Corrupt Chinese officials siphoned more than US$120 billion out of the country in less than two decades, the central bank has said in a study highlighting the widespread scourge of government graft.

Asia Housing Boom Stalls as Tightening Puts Brake on Prices

From Mumbai to Melbourne, Asia’s property boom is stalling as the world’s highest interest rates and government efforts to curb prices take hold.

Wife had affair with ex-student, claims man

She denies this and tells divorce hearing that he physically abused her

Party drug use rises in China

More Chinese people younger than 35 years old, including white-collar workers and university students, have been taking synthetic drugs in Shanghai, according to the latest statistics from the Shanghai Narcotics Control Commission.

China Property Sector Faces ‘Deepening Correction’: S&P

Standard & Poor’s believes a “deepening correction” is looming over China’s red-hot real estate market, with prices set to fall 10 to 30 percent over the next 12 months.

There You'll Be - Faith Hill

小三是男人

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