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By , on May 17th, 2013 <!– google_ad_section_start –> Two prominent Saudi princes are involved in a London-registered company that supposedly facilitated “money laundering” for Hezbollah in Lebanon and helped smuggle precious stones out of Congo, according to allegations in court documents. <!– google_ad_section_end –>
Continue reading Hezbollah link in court dispute leaves Saudi princes red-faced
By Robert Shrum, on May 17th, 2013 Republicans lack any coherent program other than cutting taxes for the wealthy. That’s why they’re going after Obama now, says Robert Shrum
Continue reading The GOP’s Desperate Measures
By , on May 17th, 2013 <!– google_ad_section_start –> The dire manners and “uncivilised behaviour” of some Chinese tourists abroad are harming the country’s image, said a top official who lamented their poor “quality and breeding”, according to state-run media. Wang Yang, one of China’s four vice premiers, singled out for condemnation “talking loudly in public places, jay-walking, spitting and willfully carving characters on items in scenic zones”. <!– google_ad_section_end –>
Continue reading ‘Uncivilised behaviour’ of tourists is harming China’s image, admits VP Wang Yang
By , on May 15th, 2013 <!– google_ad_section_start –> HONG KONG (AP) — Hong Kong’s corruption watchdog has launched a criminal investigation of its former chief following complaints of excessive spending when giving tens of thousands of dollars in gifts to mainland Chinese and other officials. The Asian financial center’s anticorruption agency and Department of Justice said Tuesday there was “sufficient basis” to open an investigation into allegations of possible bribery and misconduct by Timothy Tong. <!– google_ad_section_end –>
Continue reading HK anticorruption agency investigates ex-chief
By , on May 15th, 2013 <!– google_ad_section_start –> A jury on Tuesday dealt another defeat to casino mogul Sheldon Adelson in his nine-year fight with a Hong Kong businessman, awarding the former consultant US$70 million for helping Las Vegas Sands secure a lucrative gambling licence in Macau. But Las Vegas Sands says it won’t be paying up anytime soon. <!– google_ad_section_end –>
Continue reading Hong Kong businessman wins US$70m award in Las Vegas Sands lawsuit
By , on May 13th, 2013 <!– google_ad_section_start –> Weiling Zhang, a 10th-grade student at the Leman Manhattan Preparatory School, yearned to communicate with more conviction and verve than her peers back home in China – the “American way”, she said. <!– google_ad_section_end –>
Continue reading China’s young and wealthy savour the Big Apple’s elite schools
By By KYLE SPENCER, on May 12th, 2013 A growing number of teenagers from wealthy families in China are attending schools in New York City, seeking an advantage in admission to American universities.
Continue reading With an Eye on College, Chinese Students Enroll in New York Private Schools
By , on May 12th, 2013 <!– google_ad_section_start –> The results, which need to be officially confirmed, indicated Sharif’s party has an overwhelming lead but would fall short of winning a majority of the 272 directly elected national assembly seats. <!– google_ad_section_end –>
Continue reading Former Pakistan PM Nawaz Sharif declares victory in historic poll
By , on May 9th, 2013 <!– google_ad_section_start –> Chinese authorities have begun investigating reports that Zhang Yimou, one of China’s best-known movie directors, has seven children in violation of strict family planning rules, which could result in a fine of 160 million yuan (HK$202 million), state media said on Thursday. Online reports have surfaced that Zhang, who dazzled the world in 2008 with his Beijing Olympic ceremonies, “has at least seven children and will face a 160 million yuan fine”, said the website of the People’s Daily, the Chinese Communist Party mouthpiece. <!– google_ad_section_end –>
Continue reading China investigates reports of Zhang Yimou’s seven children
By , on May 8th, 2013 <!– google_ad_section_start –> Ferrari will limit sales of its high-performance street cars this year to protect the brand’s aura of exclusivity, chairman Luca Montezemolo said yesterday. Wealthy people around the world are snapping up Ferraris and the firm is worried the brand might lose its appeal as a symbol of rarefied luxury. That has prompted it to cut production to below 7,000 units this year, compared with 7,318 last year. <!– google_ad_section_end –>
Continue reading Ferrari hits the brakes in bid to retain exclusivity
By , on May 8th, 2013 <!– google_ad_section_start –> The United States and South Korea vowed on Tuesday to keep up their guard and not reward bad behaviour by North Korea, which US President Barack Obama said had won no benefits or prestige from recent war threats. “If Pyongyang thought its recent threats would drive a wedge between South Korea and the United States or somehow garner the North international respect, today is further evidence that North Korea has failed again,” Obama said at a joint news conference with South Korean President Park Geun-hye. <!– google_ad_section_end –>
Continue reading North Korea has gained nothing from recent threats, says Obama
By , on May 7th, 2013 <!– google_ad_section_start –> China’s richest people are stepping up investment in US real estate and other foreign assets as they try to preserve their fortunes in the face of a fast-changing economy, a report said on Tuesday. The report by China Merchants Bank and the consulting firm Bain & Company in China reflects uncertainties about abrupt shifts in an economy in which growth slowed last year to 7.8 per cent from the past decade’s double-digit rates. <!– google_ad_section_end –>
Continue reading Rich Chinese look abroad to preserve wealth
By , on May 6th, 2013 <!– google_ad_section_start –> Perhaps the most memorable item of furniture in the world – the couch in Sigmund Freud’s consulting room, sagging under the weight of more than a century of recollected dreams, terrors, traumas and phobias – needs a facelift. <!– google_ad_section_end –>
Continue reading Sigmund Freud’s famous couch in need of makeover
By , on May 4th, 2013 <!– google_ad_section_start –> The use of a military air base to transport civilian guests to the wedding of a member of the Gupta family, who are close allies of President Jacob Zuma, has set off outrage, saddling Zuma with his latest scandal. Even some of his biggest supporters have jumped on the bandwagon. <!– google_ad_section_end –>
Continue reading Zuma under fire for letting wedding party land jet at military base
By , on May 3rd, 2013 <!– 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 –>
Continue reading Warren Buffett joins Twitter, gains 1,000 followers a minute
By , on May 2nd, 2013 <!– google_ad_section_start –> His words drip with malice and evil genius; his moustache droops low and his eyebrows arch high. But while there seems little place for Dr Fu Manchu in a modern multicultural world, variations on the character have proved remarkably resilient, says Dr Jenny Clegg, a British Sinologist who has studied the stereotype. <!– google_ad_section_end –>
Continue reading The racist curse of Fu Manchu
By , on May 1st, 2013 <!– google_ad_section_start –> Prime Minister Julia Gillard has pinned her government’s re-election hopes on a new welfare scheme for the disabled, proposing on Tuesday a new tax to better fund care for Australians with severe physical and mental disabilities. The tax would not be paid until July 1, next year. Gillard said legislation to create the tax would not be considered by Parliament before general elections on September 14. <!– google_ad_section_end –>
Continue reading Australia proposes new tax for disability welfare
By , on April 30th, 2013 <!– google_ad_section_start –> Kung Fu Panda, Shrek and other Dreamworks characters are coming to a new attraction at Las Vegas Sands’ Chinese casino resorts, the companies said on Tuesday, in the latest sign of China’s growing importance to Hollywood studios. Sands China is licensing Dreamworks Animation SKG’s stable of animated characters for use at the gambling company’s resorts in Macau starting on July 1. The deal is also a sign of how authorities in Macau want to diversify the economy away from gambling after years of hyper charged growth. <!– google_ad_section_end –>
Continue reading Sands, Dreamworks strike Macau casino licence deal
By , on April 28th, 2013 <!– google_ad_section_start –> Fatigued by years of austerity and swayed by promises of debt relief, this windswept north Atlantic island of glaciers, geysers and volcanoes is returning to a centre-right government that ruled over its stunning financial collapse just five years ago. <!– google_ad_section_end –>
Continue reading Icelanders oust Social Democrats over austerity programmes
By , on April 25th, 2013 <!– google_ad_section_start –> BANDAR SERI BEGAWAN, Brunei (AP) — Southeast Asian leaders were upbeat Thursday about progress made on an ambitious plan to weld the region into a European Union-style economic community as a counterweight to Asian powerhouse China, while efforts were stalling on South China Sea disputes. Leaders attending the Association of Southeast Asian Nations summit in Brunei had hoped China would soon agree to start talks on a nonaggression pact to prevent a major clash in the disputed territories that could smoke out their region’s robust economies. <!– google_ad_section_end –>
Continue reading ASEAN makes progress on trade, not on sea disputes
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Hezbollah link in court dispute leaves Saudi princes red-faced
<!– google_ad_section_start –> Two prominent Saudi princes are involved in a London-registered company that supposedly facilitated “money laundering” for Hezbollah in Lebanon and helped smuggle precious stones out of Congo, according to allegations in court documents. <!– google_ad_section_end –>
Continue reading Hezbollah link in court dispute leaves Saudi princes red-faced
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