Archive for July, 2008

Assurant Q2 earnings $1.59 vs $1.36

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized


Assurant Q2 net earned premiums $2B vs $1.8B

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized


Favor and disgrace

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

寵辱若驚,貴大患若身。

何謂寵辱若驚?寵爲下,得之若驚,失之若驚,是謂寵辱若驚。

何謂貴大患若身?吾所以有大患者,爲吾有身,及吾無身,吾有何患?

故貴以身爲天下,若可寄天下;愛以身爲天下,若可託天下。

Favor and disgrace cause panic; value the body as if do your gravest anxieties.

What does it mean in saying "favor and disgrace cause panic"? It means that as favor is bestowed, both gaining and losing it should cause panic.

What does it mean in saying" value the body as if do your gravest anxieties"? the reason we have gravest anxieties is because we are embodied persons. If we are not such persons, what anxieties would we have?

Thus those who run the world with the attitude of valuing their bodies can be entrusted with the world. And those who run the world with the attitude of valuing their bodies can be authorized to run the world.

Marcus Aurelius once said that a man has seldom been seen to be unhappy if he doesn’t observe what is in the mind of another. But those who don’t observe the movements of their own minds must be unhappy. – Book Two, Meditations.

I don’t need to observe the minds of people around me. Although they seem to live a normal life, but I know they are living an incomplete one, especially as for educated college students. Finally those, whose lives consisting of playing football, listening to obscene music, and speaking indecently, would be discarded by God, which means a virtuous, prosperous life.

Spoiling Olympic secrets

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized


Spoiling Olympic secrets

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Much to the dismay of China, a Korean journalist snuck into the Bird’s Nest stadium Monday night and filmed a rehearsal of the Aug. 8 opening ceremonies for the Olympic Games. As background, the opening ceremonies for the Games have…

Five Key Chinese Energy Sector ADRs

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Tom Malthus submits:

The first sector I am going to break-out is the Chinese energy sector, primarily because this sector has the highest market cap of all the sectors I outlined in my last piece. There are 5 Chinese and HK ADRs within the energy sector: PetroChina (PTR), Sinopec (SNP), CNOOC (CEO), Yanzhou Coal Mining (YZC), and Gushan Environmental Energy (GU).

click to enlarge

Complete Story »

Japan raid over ‘nuclear exports’

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Japanese police raid a company suspected of illegally exporting machinery that could be used to make nuclear weapons.

China Opens Olympic Village in Beijing

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Olympic village’s mayor, Chen Zhili, welcomes athletes from more than 200 countries to Games

New Oriental Announces Another Acquisition

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Chinese education company New Oriental Education & Technology Group Inc. (NYSE: EDU) announced Monday that it signed a definitive agreement to acquire Changchun-based university entrance exam retake training company called Tongwen. New Oriental entered the university entrance exam retake market with…

A8 Digital Music Sued By Mainland Singer

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Shenzhen-based wireless value-added service provider A8 Digital Music (800.HK) and its former subsidiary Beijing Chuang Meng Music Company, now defunct, have been sued for unpaid fees by Mainland singer Wang Feng in the Beijing Chaoyang District People’s Court, reports Beijing Times. According to Wang,…

Hangzhou May Build Two-Ton Jack Ma

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Hangzhou may erect a two-ton statue of Alibaba CEO Jack Ma in its future central business district, reports Oriental Morning Post. Of 71 mostly nature-based proposals, the two-meter Ma pitch is the single human likeness to be submitted for the new development, said the report. Hangzhou is expected to…

SMIC Posts $45.6M Loss In Q2

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) announced second quarter total revenues of $342.9 million, down 8.5% year-on-year and 5.4% quarter-on-quarter, with non-DRAM revenue up 24% annually to $330.7 million after market close on Monday. SMIC recorded a net loss…

Energy A Bright Spot In A-Shares’ Slide

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

The Shanghai Composite Index fell 1.82% to close at 2,850.311, while the Shenzhen Composite Index dipped 1.53% to close at 855.84 on Tuesday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 59.264 billion and RMB 30.34 billion, respectively.

Shares of Liaoning Hongyang Energy…

Maxtv.cn Promotes The Joy Of Cigarette Distribution

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Beijing-based high-definition on-demand video site Maxtv.cn signed with Ruyan Group (0329.HK) to recruit Internet distributors for “Ruyan” cigarettes in July, reports PCHome.net. Maxtv.com has already begun large-scale promotion of Ruyan distributor rights through an online video campaign. The company…

China issues emergency Olympics smog plan

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Chinese officials have announced an emergency plan to deal with Beijing’s persistent pollution problem as athletes flock toward the country for the start of next week’s Olympic Games.

China issues emergency Olympics smog plan

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Chinese officials have announced an emergency plan to deal with Beijing’s persistent pollution problem as athletes flock toward the country for the start of next week’s Olympic Games.

Beijing’s advice on looking good for the Olympics (AP)

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

AP - Polishing up Beijing for the Olympics has extended to the city government telling residents what not to wear, advising against too many colors, white socks with black shoes, and parading in pajamas.

Japan PM to reshuffle cabinet Friday

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

TOKYO : Japan’s embattled Prime Minister Yasuo Fukuda plans to reshuffle his cabinet on Friday in a bid to revive sagging approval ratings, television reports said Thursday.

Deutsche Bank, HBOS profits drop after further write-downs

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Germany’s Deutsche Bank and U.K. lender HBOS both report sharp declines in profit Thursday after further paring the value of their risky debt holdings.

Haze returns to Beijing as China unveils pollution back-up plan

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

China on Thursday unveiled a string of emergency measures it was prepared to use in its battle to tame Beijing’s stubborn smog ahead of the Olympics, as the city was again shrouded in haze.

Malaysia’s Anwar to contest election for wife’s seat

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

KUALA LUMPUR - Malaysian opposition leader Anwar Ibrahim said Thursday he would contest a by-election for a parliamentary seat vacated by his wife in order to expedite his return to political office.

Earnings Watch: Updates, advisories and surprises

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

Europe Markets: Europe stocks struggle to extend gains

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Europe stocks struggle to build on gains on Thursday after some disappointing earnings from BT Group and Unilever, though oil explorers rise as crude recovers to the $126 a barrel level and as Royal Dutch Shell produces the highest-ever quarterly earnings for a European oil producer.

BASF 2nd Quarter Net Profit +27.5%, Reiterates 08 Guidance

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

(Adds further detail, more analyst comment.) FRANKFURT (MarketWatch) — Chemicals company BASF SE (BAS.XE) Thursday said its second-quarter net profit rose 27.5%, and reiterated its guidance for the full year, as strong sales in its oil & gas unit offset weakness in its chemicals operations. Net profit rose to EUR1.3 billion from EUR1.02 billion last year, beating analyst expectations of EUR1.1 billion, according to an average forecast of seven analysts polled by Dow Jones Newswires. “Demand for our products remains strong, and the summer lull does not seem to be very pronounced,” said BASF Chief Executive Juergen Hambrecht. He added, however, that sales prices will have to be increased considerably in some cases to pass on significantly higher raw material costs. Earnings before interest and taxes, or EBIT, before special items rose to EUR2.41 billion from EUR2.03 billion a year earlier.

Sumitomo Mitsui FG net profit drops by more than half

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

HONG KONG (MarketWatch) — Sumitomo Mitsui Financial Group said Thursday its April-June quarter profit dropped by more than half, as the Japanese banking giant increased write-offs on bad loans and set aside more reserves to cover loan losses. Group net income dropped to 58.10 billion yen ($538 million) from 119.69 billion yen in the year-earlier period. The lender, however, kept its net income forecast of 480 billion yen for the year ending March 31, 2009. SMFG shares closed down 0.2% in Tokyo.

British house prices see 8.1% annual fall in July

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

British house prices down 8.1% from year-ago levels in July as the number of housing transactions drops to an all-time low amid tight credit conditions and economic worries, mortgage lender Nationwide says Thursday.

E-mail warns of more bombs in India

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Read full story for latest details.

Customer service levels in Beijing improve due to Olympics

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

BEIJING : Preparing for the Olympics has helped Beijing hotels and staff improve their quality of service, and become more service-oriented.

Customer service levels in Beijing improved due to Olympics

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

BEIJING : Preparing for the Olympics has helped Beijing hotels and staff improve their quality of service, and become more service-oriented.

BT down 9.2% after sharp drop in profit

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized


TDK to buy Epcos for $1.9 billion

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

LONDON (MarketWatch) — Germany’s Epcos said Thursday it has agreed to be bought by TDK Corp. for 17.85 euros a share in cash. The deal gives Epcos an equity value of around 1.2 billion euros ($1.9 billion). Epcos, which makes electronic parts and components, said TDK holds around 2.5% of its current share capital and has secured delivery of around a further 7%. The deal is at a 28.6% premium to Wednesday’s closing price of 13.88 euros. Shares in Epcos rose 27.2% in early trading to 17.65 euros.

Key data on women, men in HK published

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Hong Kong’s sex ratio has further decreased to 904 men to 1,000 women, according to the figures in the latest edition of Women & Men in Hong Kong - Key Statistics , published by the Census & Statistics Department today.

Tai O designs go on display

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Entries received for the Tai O revitalisation design competition will go on display at the Heritage Discovery Centre from tomorrow.

Welfare allowance rise to be implemented

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

The Social Welfare Department will raise the Comprehensive Social Security Assistance Scheme allowance by 4.4% from August 1.

Secret’s out about Beijing Games opening ceremony (AP)

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

AP - The secret’s out about next week’s Beijing Olympics opening ceremony. Be ready for a dramatic countdown, giant whales, an illuminated globe and performers flying through the air like Peter Pan.

Special teams to ensure events safety

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Henrique KooA special task force and crime team have been formed to ensure the Olympic Equestrian venues’ safety, Senior Assistant Commissioner of Police Henrique Koo says, adding Police will deploy 2,000 to 4,000 officers each day during the games.

Asia Markets: Resource stocks rise as refiners, airlines decline

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Asian markets are mixed Thursday, with resource shares such as BHP Billiton and Santos advancing in Sydney on an overnight rebound in crude-oil prices, while Shanghai-listed stocks drop for the third straight session on refining and airline stocks.

Europe stocks open higher, led by oil groups

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

LONDON (MarketWatch) — Europe stocks opened slightly higher on Thursday after the strong gains recorded in the previous session, with oil groups recovering after crude recaptured the $126 a barrel mark. Royal Dutch Shell rose 1.6% after reporting quarterly earnings of over $11 billion, though by some measures the oil giant fell short of analyst estimates. Beleaguered lender HBOS climbed 5.2% after its latest update. Epcos shares shot up 28% as TDK offered 1.2 billion euros for the German firm, while BT Group tumbled 10% after its update. The German DAX 30 rose 0.4% to 6,482, the U.K. FTSE 100 added 0.4% to 5,441 and the French CAC 40 added 0.3% to 4,415.

Hurdles facing Beijing protesters

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Activists who want to protest at the Beijing Olympics face bureaucratic hurdles and little information, the BBC finds.

Leaked video of rehearsal offers sneak peek at Olympics ceremony

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

A South Korean TV station broadcasts a tape of a dress rehearsal for the Beijing Olympics, angering Chinese organisers.

BRC Shanghai: Bars, Restaurants and Clubs

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

BRC Shanghai: Bars, Restaurants and Clubs

BRC Shanghai: Bars, Restaurants and Clubs

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

BRC Shanghai: Bars, Restaurants and Clubs

Tonga defends lavish coronation

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Tonga’s prime minister defends the lavish nature of celebrations surrounding the royal coronation this week.

China announces emergency pollution plan

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

Chinese officials announced an emergency plan to deal with Beijing’s persistent pollution problem, as thousands of world-class athletes head toward the country for the start of the Olympic Games.

Malaysia’s Anwar may be arrested in the next 48 hours

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

KUALA LUMPUR - Malaysia’s opposition figurehead Anwar Ibrahim may be arrested in the next 48 hours, a senior party official said Thursday, saying it is to stop him contesting a by-election.

China fires back after U.S. criticism

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

The Chinese government blasted U.S. legislators Thursday for calling on the communist nation to end human rights abuses.

Safety clamp extends to Tian’anmen Square

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

TOURISTS will not be allowed to enter Tian’anmen Square in Beijing after midnight as China beefs up overall security in the capital eight days out from the Olympic Games.

All visitors would have to pass security…

Safety clamp extends to Tian’anmen Square

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

TOURISTS will not be allowed to enter Tian’anmen Square in Beijing after midnight as China beefs up overall security in the capital eight days out from the Olympic Games.

All visitors would have to pass security…

Safety clamp extends to Tian’anmen Square

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

TOURISTS will not be allowed to enter Tian’anmen Square in Beijing after midnight as China beefs up overall security in the capital eight days out from the Olympic Games.

All visitors would have to pass security…

Greek dope saga: China lays blame

Yazan: admin | 31 July 2008 | Comments Off
Categories: Uncategorized

CHINA yesterday admitted that medical supplies illegally sold by a Shanghai-based company contained ingredients that caused positive drug-test results for Greece’s weight-lifting team in April.

The admission was…



rss