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By , on May 23rd, 2013 <!– google_ad_section_start –> Despite earning a civil servant’s salary for three decades, Taib Mahmud, the powerful chief minister of Malaysia’s Sarawak state, is reputed by critics to be one of Asia’s richest men. Taib, 77, and his family are accused of massive corruption and running Malaysia’s largest state like a family business, controlling its biggest companies with stakes in hundreds of corporations in Malaysia and abroad. <!– google_ad_section_end –>
Continue reading Outrage grows over scandal-tainted Malaysian leader
By By JAMES KANTER, on May 22nd, 2013 The forum was to focus on entities based in Europe, but it comes after the United States Senate found that Apple had reduced taxes by recording income in Ireland.
Continue reading European Union Leaders Meet on Tax Avoidance
By By DAVID E. SANGER and NICOLE PERLROTH, on May 13th, 2013 Officials said the aim in a new wave of attacks was not espionage but sabotage, and that the source seemed to be in the Middle East.
Continue reading Cyberattacks on Rise Against U.S. Corporations
By , on May 9th, 2013 <!– google_ad_section_start –> The mysterious death of a 22-year-old Anhui woman in Beijing continued to draw sympathy and criticism on China’s social media on Thursday, while local newspapers avoided the story apparently because of censorship. The case came under national spotlight after hundreds of disgruntled migrant workers staged a mass protest in the capital on Wednesday to protest the handling of the case by police. <!– google_ad_section_end –>
Continue reading Criticism and doubts continue after mysterious death of Anhui woman
By , on May 7th, 2013 <!– google_ad_section_start –> Beijing on Tuesday dismissed an annual Pentagon report that accused it of widespread cyberspying on the US government, rejecting it as an “irresponsible” attempt to drum up fear of China as a military threat. The paper came as concerns in Washington have grown over Beijing’s double-digit rises in defence spending and a steady hacking campaign that the Pentagon says can be traced to the Chinese government and military. China has repeatedly rejected accusations of online attacks, and said it is committed to a peaceful rise while maintaining the right to defend itself. <!– google_ad_section_end –>
Continue reading Beijing says US defence report hypes China threat
By , on May 1st, 2013 <!– google_ad_section_start –> About HK$172 million from Hong Kong corporations and individuals had been donated to Yaan earthquake relief efforts in Sichuan province, according to the central government’s liaison office. <!– google_ad_section_end –>
Continue reading HK$172m donated to Yaan earthquake relief, says liaison office
By By NICHOLAS CONFESSORE, on April 24th, 2013 The Securities and Exchange Commission may soon require publicly traded corporations to disclose all of their political donations, and business groups are already preparing a counterattack.
Continue reading S.E.C. Is Asked to Make Companies Disclose Donations
By , on April 20th, 2013 <!– google_ad_section_start –> The Boy Scouts of America proposed lifting a ban on gay scouts, but maintaining a prohibition on gay adults from leading troops, a compromise that attempts to end a bitter split in the century-old American institution. <!– google_ad_section_end –>
Continue reading Boy Scouts of America propose lifting ban on gay scouts
By , on April 18th, 2013 <!– google_ad_section_start –> Phishing sites, which masquerade as genuine websites to steal users’ personal information, are on the rise in Hong Kong, Microsoft warned on Thursday. Some 6.23 phishing sites were found per 1,000 hosts in the fourth quarter last year, up from 6.01 in the third quarter, according to Microsoft’s latest Security Intelligence Report. However, the number of malware infections remained low in the same period. Every 1,000 computers had 2.2 malware infections on average, the report found. <!– google_ad_section_end –>
Continue reading Online attempts to steal personal information on the rise in Hong Kong
By By NELSON D. SCHWARTZ, on April 15th, 2013 American giants are benefiting from productivity gains and renewed growth in China and other overseas markets, allowing them to increase profits even if business at home remains lackluster.
Continue reading Economic Memo: In Divided Market, the Bigger the Companies, the Better They Fare
By , on April 4th, 2013 <!– google_ad_section_start –> The mainland media may complain about unequal treatment by global corporations, but when it comes to warranties from luxury carmakers, such as Mercedes-Benz and BMW, buyers across the border seem to be getting a much better deal than those in Hong Kong. A Mercedes-Benz owner in the city gets just a two-year or 80,000-kilometre warranty – whichever comes first – on major components including the engine and gear box. Mainland buyers, however, get a three-year warranty with no cap on mileage. <!– google_ad_section_end –>
Continue reading Mainlanders get better terms than Hongkongers on luxury car warranties
By , on April 4th, 2013 <!– google_ad_section_start –> NEW YORK (AP) — Early gains for U.S. stock market futures were shaved Thursday after the Labor Department reported an unexpected increase in weekly unemployment applications. The number of Americans seeking unemployment aid rose to the highest level since late November last week, although the increase partly reflects seasonal distortions around the spring holidays. Dow Jones industrial average futures added 2 points to 14,489. Nasdaq 100 futures gave up 1.5 points to 2,785.50. Standard & Poor’s 500 futures added 1 point to 1,549.50. <!– google_ad_section_end –>
Continue reading US futures shave gains after jobless claims data
By Megan McArdle, on March 25th, 2013 Fighting corporations is a lot easier than fighting genetics
Continue reading How Public Health Experts Turned Corporations into Public Enemy #1
By , on March 24th, 2013 <!– google_ad_section_start –> Police shut down the streets surrounding the gated property overnight and sent in chemical, biological, radiological and nuclear (CBRN) experts to investigate what they described as an “unexplained” death. <!– google_ad_section_end –>
Continue reading ‘Hazard’ police search home of dead Russian tycoon Boris Berezovsky
By , on March 22nd, 2013 <!– google_ad_section_start –> Residents of China’s “richest village”, Huaxi, on Friday bid farewell to the man who made them wealthy by transforming a rural settlement into a socialist paradise. Wu Renbao, the retired Communist Party chief of the village in the eastern province of Jiangsu, died on Monday of cancer at age 84 and was laid to rest at a funeral ceremony. Beneath a huge photograph of the late leader, hundreds of mourners wearing black armbands and white cloth flowers bowed their heads in silence. <!– google_ad_section_end –>
Continue reading Funeral fit for a king: China’s ‘richest village’ mourns leader
By , on March 20th, 2013 <!– google_ad_section_start –> Cyprus pleaded for a new loan from Russia on Wednesday to avert a financial meltdown, after the island’s parliament rejected the terms of a bailout from the EU, raising the risk of default and a bank crash. Cypriot Finance Minister Michael Sarris said he had not reached a deal at a first meeting with his Russian counterpart Anton Siluanov in Moscow, but talks there would continue. Russia’s finance ministry said Nicosia had sought a further 5 billion euros, on top of a five-year extension and lower interest on an existing 2.5 billion euro loan. <!– google_ad_section_end –>
Continue reading Cyprus seeks Russian rescue, EU threatens cutoff
By , on March 19th, 2013 <!– google_ad_section_start –> Constrasting views were expressed on China’s social media on Tuesday after Wu Renbao, the retired Communist Party Chief of Huaxi, died of lung cancer on Monday at 85. Under Wu’s leadership, Huaxi became known as the “the richest village in China”. <!– google_ad_section_end –>
Continue reading Leader of China’s richest village leaves mixed legacy
By Talking Liberally Staff, on March 15th, 2013 Mama and John Fugelsang listen to what some politically passionate callers have to say. watch video
Continue reading Mama and John Fugelsang react to politically passionate callers
By Ilana Glazer, on March 14th, 2013 It looks like corporations are still people who can speak in the form of cash! In the same 5-4 split seen in 2010, the Supreme Court upheld the controversial Citizens United decision. In this case, American Tradition Partnership v. Bullock, the Court overturned a Montana state law barring unlimited corporate funds in elections. By ruling that the Montana law is unconstitutional, the Court expanded Citizens United and applied the decision to the state and local level.
Continue reading Corporations: Open the Spigots!
By , on March 14th, 2013 <!– google_ad_section_start –> Businesses may be wasting billions of dollars a year buying up keyword advertising on search engines such as Google, a new report claims. The study by auction website eBay claimed that most of the money spent buying up search terms was a waste of time and had little effect on sales. <!– google_ad_section_end –>
Continue reading eBay questions value of Google’s keyword advertising
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Outrage grows over scandal-tainted Malaysian leader
<!– google_ad_section_start –> Despite earning a civil servant’s salary for three decades, Taib Mahmud, the powerful chief minister of Malaysia’s Sarawak state, is reputed by critics to be one of Asia’s richest men. Taib, 77, and his family are accused of massive corruption and running Malaysia’s largest state like a family business, controlling its biggest companies with stakes in hundreds of corporations in Malaysia and abroad. <!– google_ad_section_end –>
Continue reading Outrage grows over scandal-tainted Malaysian leader
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