蝗蟲天下 Locust World

Hotel chains show interest in Myanmar

But most say it’s still too early to make concrete moves

Made-in-America seen making a return in 5 years

The notion of America winning back jobs from China in a big way seems as likely as In-n-Out opening a store in Hong Kong. Oh, wait.

New Asian buyers thirst for fresh wine tastes

Global economic uncertainty has hit the Asian wine market, with demand falling for top Bordeaux at Sotheby’s first Hong Kong wine auction of the year in mid-January, leaving many bottles unsold.

Falling wine prices hint at a hard landing ahead

Hong Kong auctions of top drops have been disappointing this year, pointing to a squeeze on liquidity on the mainland and wider implications for the economy

China’s reality lost in translation, Davos told

The West has a skewed view of China which Beijing has to fix if it wants a better reception when it goes shopping abroad, business and political leaders said at the Davos forum Thursday.

China’s Hidden Wealth Feeds an Income Gap

The Chinese economy is a little like the Milky Way: we keep discovering it’s larger than we thought, the difference may run in the trillions, and much is hidden from view.

Big bad China? US crying wolf

Despite the political posturing, Americans still hold most of their country’s debt, and still make most of the profit off everything that’s sold there

Singapore PM Lee does not see children joining politics

Prime Minister Lee Hsien Loong, the son of Singapore’s founding father Lee Kuan Yew, said Thursday that he does not think that his children will enter politics.

1.2b yuan payout for oil spill ‘an insult’

CNOOC and US partner’s deal with ministry to compensate fishermen in Bohai Sea dismissed as a drop in the ocean considering extent of damage

Foreign investors waking up to risks in China firms

Chinese government uneasy over loophole firms use to raise funds

Black Water Dragon ‘to cause trouble’

As if there was not already enough doom and gloom in the world, we now have to contend with the appearance of a Black Water Dragon.

Beijing targets trusts to stem shadow banking risks

China is intensifying its cat-and-mouse pursuit of the 4 trillion yuan ($635 billion) investment trust industry, with credit risks on the rise as economic growth slows.

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Popular file-sharing website Megaupload shut down

One of the world's most popular file-sharing sites was shut down Thursday, and its founder and several company officials were accused of facilitating millions of illegal downloads of films, music and other content.

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Photography pioneer Kodak files for bankruptcy

Eastman Kodak Co, the photography icon that invented the hand-held camera, has filed for bankruptcy protection and plans to shrink significantly, capping a prolonged plunge for one of America's best-known companies.

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Megaupload.com site shut down, seven indicted in US

Megaupload.com, one of the world's largest file-sharing sites, has been shut down and seven people charged with copyright infringement and other crimes, US authorities announced.

Middle class in Africa grows to 34.3% on solid economic growth

Africa's middle class has tripled over the last 30 years, with fully one in three now considered above the poverty line but not among the wealthy, according to the African Development Bank (AfDB).

Battle for control of Asia’s seas goes underwater

It’s getting a bit more crowded under the sea in Asia, where Andrew Peterson commands one of the world’s mightiest weapons: a $2 billion nuclear submarine with unrivaled stealth and missiles that can devastate targets hundreds of miles (kilometers) away.

Lamborghini’s roaring decade in Singapore

Melvin Goh sells cars to people who do not intend to drive them. As his dealership EuroSports Auto celebrated a decade of officially distributing Lamborghinis last year, all Mr Goh would have needed as a progress report was a languid wave at a Lamborghini Reventon Roadster.

English Premier League finds China a struggle

English soccer’s Premier League may have to give away its television rights for free to build its fan base in China.