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By , on May 21st, 2013 <!– google_ad_section_start –> Senior marine staff would not be questioned as part of the internal investigation into the Lamma ferry tragedy unless new information came to light, the city’s transport chief insisted yesterday. His remarks came in the face of criticism about the limitations of the Marine Department investigating itself. <!– google_ad_section_end –>
Continue reading Minister backs immunity for inquiry
By , on May 21st, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were mixed Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that it might consider scaling back the program or winding it down earlier than expected. <!– google_ad_section_end –>
Continue reading World stocks mixed ahead of Fed statements
By , on May 21st, 2013 <!– google_ad_section_start –> A blast at an explosives plant in China has left 13 people dead and another 20 missing, state media said on Tuesday, compounding the country’s poor industrial safety record. Another 19 people were injured in the explosion on Monday at a three-storey workshop owned by Poly Explosives (Jinan), a state-owned company in the eastern province of Shandong, the Xinhua news agency reported. Rescuers were still searching for the missing on Tuesday but clean-up efforts had also started, the report said, citing the rescue headquarters. <!– google_ad_section_end –>
Continue reading Shandong factory blast leaves 13 dead, 20 missing
By , on May 21st, 2013 <!– google_ad_section_start –> It’s not your educational background, integrity, experience, or people you know that matters. What it takes to be a good communist leader is “emotional intelligence”, or EQ, says Chinese President Xi Jinping. Xi enlightened his audience during a recent visit to a job fair in Tianjin while talking to a local village official. “Intelligence quotient and emotional quotient – which is more important?,” he asked. After an official said “both”, Xi answered his own question, <!– google_ad_section_end –>
Continue reading Xi Jinping’s ‘emotional intelligence’ comments spark debate
By , on May 21st, 2013 <!– google_ad_section_start –> Buy too much rice in Hong Kong and “you could end up in jail”, Chinese media warned tourists in the wake of the Guangzhou cadmium scandal. <!– google_ad_section_end –>
Continue reading Is rice the new ‘milk powder’ for cross-border tensions?
By , on May 19th, 2013 <!– google_ad_section_start –> Popular Vietnamese cable television provider VTV CAB has stopped providing foreign channels, including CNN and BBC, after a new media law that requires editing of programmes before broadcast came into effect on Wednesday last week. <!– google_ad_section_end –>
Continue reading Another Vietnamese cable TV provider drops CNN, BBC
By , on May 17th, 2013 <!– google_ad_section_start –> The Communist Party’s powerful Central Organisation Department, its top personnel management organ, has pledged to apply a tougher yardstick to the exceptionally rapid promotion of cadres following a spate of nepotism controversies. <!– google_ad_section_end –>
Continue reading Top Communist Party unit to tighten rules on rapid promotions
By , on May 17th, 2013 <!– google_ad_section_start –> Japan’s premier will on Friday unveil the next stage of his plan to reboot the economy, reports said, as he seeks to capitalise on the feel-good mood of a booming stock market and a plunging yen. Prime Minister Shinzo Abe is set to announce broadbrush outlines of the third of his “three arrows” of a plan dubbed “Abenomics”, which is intended to turn around years of deflation in the world’s third-largest economy. <!– google_ad_section_end –>
Continue reading Japanese PM to announce new growth plans
By , on May 16th, 2013 <!– google_ad_section_start –> Twenty-one people were hurt, including eight Japanese tourists, when a small plane skidded off a Nepal airport runway on Thursday and plunged into a river, police said. All 21 people aboard the Nepal Airlines Twin Otter aircraft were injured, five seriously, police spokesman Keshav Adhikari said. The plane’s brakes failed and it crashed into the Kali Gandaki river in the Annapurna mountain range in Nepal’s northwest, Adhikari said. <!– google_ad_section_end –>
Continue reading 21 hurt in Nepal plane crash
By , on May 15th, 2013 <!– google_ad_section_start –> US Attorney General Eric Holder has ordered the FBI to open a criminal probe into a growing scandal over the Internal Revenue Service’s targeting of conservative political groups for extra tax scrutiny. <!– google_ad_section_end –>
Continue reading US tax agency faces FBI investigation
By , on May 15th, 2013 <!– google_ad_section_start –> Experts judged on Wednesday that a reactor on Japan’s west coast is located on ground at high risk of an earthquake, setting in motion a process that will likely lead to the first permanent shutdown of a nuclear plant since the 2011 Fukushima crisis. Mothballing the reactor at Japan’s oldest nuclear station would be the most stringent measure adopted in Japan since the meltdowns at the Fukushima Daiichi nuclear station north of Tokyo exposed failings in nuclear oversight. <!– google_ad_section_end –>
Continue reading Japan moving towards permanent nuclear reactor shutdown
By , on May 15th, 2013 <!– google_ad_section_start –> HSBC said on Wednesday that the bank would target an additional US$2 billion to US$3 billion (HK$15.5 billion to HK$23.3 billion) in cost savings between next year and 2016, as the bank axes jobs and sells noncore businesses with less than a year left in the first phase of its restructuring plan. <!– google_ad_section_end –>
Continue reading HSBC targets additional US$2-3b cost savings by 2016
By , on May 14th, 2013 <!– google_ad_section_start –> The Associated Press said on Monday the US government secretly seized telephone records of AP offices and reporters for a two-month period last year, describing the acts as a “massive and unprecedented intrusion” into news-gathering operations. AP Chief Executive Gary Pruitt, in a letter posted on the agency’s website, said the AP was informed last Friday that the Justice Department gathered records for more than 20 phone lines assigned to the news agency and its reporters. <!– google_ad_section_end –>
Continue reading Associated Press says US government seized journalists’ phone records
By By PETER MAY, on May 14th, 2013 Patrice Bergeron tied the game with 51 seconds left in regulation then scored in overtime to give Boston the victory over Toronto and a ticket to the second round.
Continue reading Game 7: Bruins 5, Maple Leafs 4 (OT): Down Three Goals in the Third, the Bruins Stun the Maple Leafs to Advance
By By THE ASSOCIATED PRESS, on May 14th, 2013 Patrice Bergeron tied it with 51 seconds left in regulation then scored the game-winner in overtime to give Boston the victory and the series against Toronto.
Continue reading Game 7: Bruins 5, Maple Leafs 4 (OT): Bruins Rally to Stun Maple Leafs in Overtime
By , on May 13th, 2013 <!– google_ad_section_start –> The UK’s 100 biggest public companies are running more than 8,000 subsidiaries or joint ventures in onshore and offshore tax havens, according to research published on Monday (12MAY), raising fresh concerns about the full extent of corporate tax avoidance. The figures, published by the charity ActionAid, show that only two of the companies listed on the UK’s FTSE 100 have no subsidiaries in tax havens – while companies such as Barclays and Tesco own hundreds. <!– google_ad_section_end –>
Continue reading Top British firms condemned for prolific use of tax havens
By , on May 13th, 2013 <!– google_ad_section_start –> The Communist Party’s flagship newspaper on Monday published a scathing rebuke against local governments wasting public funds on luxurious office buildings, despite its own construction of a 150m-tall tower in Beijing. <!– google_ad_section_end –>
Continue reading People’s Daily slams Chinese local governments over luxury buildings
By By PATRICIA COHEN, on May 13th, 2013 Criminals are increasingly using expensive artworks — bought and sold in secret and with little regulation — to hide ill-gotten profits, the authorities say.
Continue reading Art Proves Attractive Refuge for Money Launderers
By , on May 11th, 2013 <!– google_ad_section_start –> The Independent Commission Against Corruption has long been one of Hong Kong’s most cherished institutions, credited with helping turn the city from one of Asia’s most corrupt into one of its cleanest. <!– google_ad_section_end –>
Continue reading Who watches over our graft watchdog, the ICAC?
By , on May 11th, 2013 <!– google_ad_section_start –> A 29-year-old deputy county head of Jieyang in Guangdong has been demoted to the rank of clerk after internet users questioned whether his father, who held the post before him, had a hand in his son’s fast-track promotion. <!– google_ad_section_end –>
Continue reading Questions over son’s rapid rise in Guangdong county leads to his demotion
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Minister backs immunity for inquiry
<!– google_ad_section_start –> Senior marine staff would not be questioned as part of the internal investigation into the Lamma ferry tragedy unless new information came to light, the city’s transport chief insisted yesterday. His remarks came in the face of criticism about the limitations of the Marine Department investigating itself. <!– google_ad_section_end –>
Continue reading Minister backs immunity for inquiry
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