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New July 2013

Green groups demand CLP agree to HK$300m subsidy proposal

<!– google_ad_section_start –> Green groups are calling on electricity supplier CLP Power to dole out HK$300 million in subsidies each year for the next five years to help consumers reduce their energy usage by 1 per cent. <!– google_ad_section_end –>

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Snowden throws spotlight on Carlyle Group’s role in defence sector

<!– google_ad_section_start –> The Carlyle Group has spent years attempting to shed its image as a well-connected private equity firm leveraging Washington heavyweights in the defence sector. Instead, it nurtured a reputation as a financially sophisticated asset manager that buys and sells everything from railways to oil refineries. <!– google_ad_section_end –>

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Calm head pays dividends for auctioneer

<!– google_ad_section_start –> Ji Tao was one of the first registered auctioneers on the mainland, and he has seen the auction industry develop since the government passed a law in 1997 standardising auction practices and protecting those involved. Today, with his own company in Beijing, Ji looks back on his 15 years as an auctioneer. <!– google_ad_section_end –>

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Premier Li Keqiang says solar trade dispute touches China’s major interests

<!– google_ad_section_start –> China’s premier told a top European Union official that the trade dispute over Chinese solar panel exports touches China’s “major economic interests” and could influence broader Chinese-EU relations if not properly resolved. In a phone call with European Commission President Josi Manuel Barroso late on Monday, Chinese Premier Li Keqiang said that China is closely following the dispute, the official Xinhua news agency reported on Tuesday. <!– google_ad_section_end –>

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What to Read This Summer

A look at the season’s notable cooking, travel and gardening titles and more: books about Jewish humor, Jimmy Connors, and Mickey Mantle and Willie Mays.

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India unveils vaccine for deadly diarrhoea virus

<!– google_ad_section_start –> Scientists unveiled an affordable vaccine against a deadly diarrhoea-causing virus that kills some 100,000 children in India every year on Tuesday. Rotavirus, which causes dehydration and severe diarrhoea, is globally responsible for some 453,000 deaths annually and is particularly threatening in Africa and Asia, where access to urgent healthcare is often out of reach. <!– google_ad_section_end –>

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Warren Buffett joins Twitter, gains 1,000 followers a minute

<!– google_ad_section_start –> Warren Buffett accumulates Twitter followers even faster than he makes money. The 82-year-old “Oracle of Omaha” joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes. “Warren is in the house,” Buffett said under the handle “WarrenBuffett.” The handle was not officially verified by Twitter, but was confirmed by Fortune magazine, which hosted Buffett for a live webcast Thursday. It was billed as the first social media event for the notoriously technology-averse billionaire. <!– google_ad_section_end –>

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Gun Control: It Pays

Two legislators are seeing dividends for their support of background checks. See the numbers.

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The Apple Stimulus

The technology giant’s earnings growth may be slowing. But its plans to return cash to shareholders through higher dividends and stock buybacks add up to a meaningful stimulus.

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As Profit Slips, Apple Looks to Reward Shareholders

The technology giant, which reported the first decline in quarterly earnings in a decade, announced plans to spend more than $100 billion on stock buybacks and dividends.

Continue reading As Profit Slips, Apple Looks to Reward Shareholders

‘China’s richest village’ scrambles to make up financial losses

<!– google_ad_section_start –> Residents of China’s so-called richest village, Huaxi, where everyone is a shareholder, have been asked to stay at its luxury five-star hotel to “drive consumption” as the town/corporation in Jiangsu has been posting losses, Chinese media reported on Monday. <!– google_ad_section_end –>

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Leader of China’s richest village leaves mixed legacy

<!– 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 –>

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Chinese divorce to avoid property tax

<!– google_ad_section_start –> Chinese couples are flocking to divorce to evade a new tax on home sales after the government cracked down on property speculation, the Shanghai Daily newspaper reported on Wednesday. China’s central government last Friday issued rules to rein in house prices, including a nationwide capital gains tax of 20 per cent on profits owners make from selling residential property. <!– google_ad_section_end –>

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Suu Kyi’s Myanmar opposition set for maiden congress

<!– google_ad_section_start –> Aung San Suu Kyi’s long-suppressed opposition will hold its first ever party congress on Friday, cementing its new place in Myanmar’s political mainstream as it aims to sweep to power in 2015. Hundreds of delegates will flock from across the country for a meeting aimed at redefining the National League for Democracy leadership, in a major milestone for a group silenced for two decades under the former military dictatorship. <!– google_ad_section_end –>

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HSBC profits take 6pc dip, but chief executive pockets HK$22m bonus

<!– google_ad_section_start –> Chief executive Stuart Gulliver will take home a 33 per cent larger pay packet. And shareholders of the global banking group will get 11 per cent higher dividends for the three upcoming quarters. <!– google_ad_section_end –>

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Kerry defends foreign affairs spending as cuts loom

<!– google_ad_section_start –> Speaking ahead of across-the-board budget reductions set to kick in on March 1, Kerry argued that the slightly more than 1 per cent of the federal budget that Washington spends on foreign affairs pays dividends in national security and growth. <!– google_ad_section_end –>

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China to cancel tax exemptions for foreign investors

<!– google_ad_section_start –> Under new taxation changes, foreigners in China will no longer enjoy exemptions from various investment taxes. The State Council unveiled sweeping tax reform plans on Tuesday, in which three ministries, including the State Development and Reform Commission, proposed 35 measures to make the rich pay more and to narrow the income gap between the urban elites and the rural poor. <!– google_ad_section_end –>

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Hollande says Mali terrorism forced back but ‘not defeated yet’

<!– google_ad_section_start –> As troops worked to secure Kidal, the last bastion of radicals who occupied the vast desert north for 10 months before the French army’s surprise intervention, Hollande told Malians it was time for Africans to take the lead but that France would not abandon them. <!– google_ad_section_end –>

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Hollande to visit Mali as French troops eye last bastion

<!– google_ad_section_start –> President Francois Hollande was set to visit Mali on Saturday as French-led troops worked to secure the last Islamist stronghold in the north after a lightning offensive against the extremists. Hollande, whose surprise decision to intervene in Mali three weeks ago has won broad support at home, will travel to the fabled city of Timbuktu and hold a working lunch in the capital Bamako with Mali’s interim president Dioncounda Traore, the Malian presidency said. <!– google_ad_section_end –>

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Samsung boss Lee Kun-hee wins US$4b in inheritance row

<!– google_ad_section_start –> The chairman of Samsung Electronics has kept his fortune and control of the Samsung conglomerate after a South Korean court yesterday ruled against his older brother in an inheritance battle. <!– google_ad_section_end –>

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America, Inc. at it’s Finest

Saks Fifth Avenue
7 For All Mankind, a division of VF Contemporary Brands
Bren-Books.com, Modern first editions and collectible fiction<

bren-books.com, Modern first editions and collectible fiction

US iTunes, App Store, iBookstore, and Mac App Store
Chocolate Artisan Truffles by Just Chocolate

just chocolate truffles
justchocolate.biz

J&R Computer/Music World
Burberry
New July 2013