Job loathing, workplace dread plague wage slaves world over
EVEN while I was taking my five-year-old son to kindergarten on Monday, he still talked wistfully of the possibility that his teachers would fail to show up that day — after the long... |
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Dragonfly's view of shimmering Shanghai
IN the article titled "Lane house of horrors, rats, chill — not charm" on August 5, Sean Maguire said a visiting friend was looking for an "authentic" Shanghai ex... |
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Business Books TOP FIVE USA
1.NUDGE There are no entirely free choices: Someone or something is somehow nudging you into the decisions you make. Richard H. Thaler and Cass R. Sunstein | Yale University Press 2008 | 304 pg. | I... |
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Shanghai market slumps in gloom
SHANGHAI'S key stock index plunged yesterday, almost falling below the 2,200 barrier, due to the rout of US shares yesterday and also on concerns the global slowdown will dent economic and profit ... |
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Brakes on export growth surge
15:27:53CHINA'S unexpected surging export growth in July may slow down in August with the Olympics coming to an end while industrial production may continue to dip, analysts said. "With manda... |
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Bank sells bonds for capital ratio
THE China Merchants Bank Co has sold 30 billion yuan US$4.4 billion worth of bonds to institutional investors to raise its capital adequacy ratio. The lender finished its biggest ever bond sale yester... |
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Oil prices close at 5-month low after US gasoline stocks fall less than expected
OIL prices closed at their lowest level in five months yesterday as a lower-than-expected drop in U.S. gasoline stockpiles gave traders more reason to believe that a cooling economy is forcing America... |
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US stocks plummet after retail, unemployment data
DEJECTED investors sent stocks plunging yesterday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastat... |
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Vale tipped to increase iron ore prices by 86%
BRAZIL'S Vale, which offers cheaper iron ore to Chinese steel makers than BHP Billiton and Rio Tinto, wants to lift its prices to match what Australian mines have won. Sources from Chinese steel c... |
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Unilever poaches new CEO
UNILEVER said yesterday it had hired Paul Polman from its biggest European rival, Nestle SA, to succeed Chief Executive Officer Patrick Cescau, as the second-largest food and detergent maker grapples ... |
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Report turns around shares after 3 days of losses
SHANGHAI'S key stock index inched up yesterday after three days of losses, thanks to a report by a publication of the central bank suggesting the creation of an emergency mechanism. The benchmark ... |
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Second downgrade for developer
CITY Developments Ltd slumped for a second day in Singapore trading after Lehman Brothers Holdings Inc became the second brokerage to downgrade the shares in the past month. Shares of Singapore's ... |
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Japanese bank denies Lehman bid
JAPAN'S biggest bank, Mitsubishi UFJ Financial Group Inc, has denied a report saying it is considering entering the bidding for a stake in Lehman Brothers Holdings Inc. The Tokyo-based bank isn... |
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90 Jobs To Go At London Brokerage Unit
MITSUBISHI UFJ Financial Group Inc is cutting up to 90 jobs at its brokerage unit in London. "Earnings at the United Kingdom unit have been hurt as they've been affected by the subprime crisi... |
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Oil partners sack CEO, resolve row
BP Plc and its billionaire partners in TNK-BP, Russia's third-largest oil company, agreed to remove the chief executive officer and expand the board to resolve an eight-month dispute that threaten... |
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Alliance set to forge steel behemoth
WUHAN Iron & Steel Group, a central China-based major steel maker, has agreed with smaller Liuzhou Iron & Steel Group to set up a joint venture to build a steel plant with eventual annual capa... |
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EU scraps competition curbs in airline ticket reservations
THE European Parliament has voted to let airlines negotiate fees freely with ticket reservation systems in a bid to reduce booking costs through travel agents. The European Union assembly scrapped a 2... |
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Boeing to aid 'made in Japan' jet project
BOEING is to serve as consultant to Mitsubishi Heavy Industries for its mid-sized regional jet - the first "made in Japan" passenger aircraft in three decades, the Japanese machinery maker s... |
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Aircraft maker income up
BOMBARDIER Inc, maker of commercial aircraft, yesterday reported second-quarter net income of US$246 million, or 14 cents a share, beating analysts' estimates, Bloomberg News said. The results com... |
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Shares fall after true interest is revealed
AUSTRIAN Airlines Group yesterday fell as much as 20 percent in Vienna trading after the magazine News reported that fewer airlines than anticipated were in the running to buy the carrier. It dropped ... |
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