CHINA

China to punish local officials for excessive debts: report

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China will link local officials' performance appraisals to the level of debt held by local governments, state media reported Monday, an apparent move to cap borrowing and address worries that possible defaults could damage China's economy.
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China June import growth weakest in 20 months

China's import growth fell sharply to its slowest pace in 20 months in June in further evidence of the broad impact of monetary tightening on the economy, while a wider trade surplus suggested capital inflows will remain a challenge for authorities.
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German Offshore-Wind Power Investor Secures Funds, Places Bonds.

Offshore Wind Power promises currently the highest growth rates among the renewable energies. Ideal is an area with constant strong winds and less than 150 feet deep water. For Germany, though the US made up a lot in recent years still one of the world leaders in renewable energy, this is an area like the North Sea.
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China’s Gay Population Hit Hardest by HIV/AIDS: Study

A study released by the Ministry of Health revealed today that approximately one of three new HIV infections in China are found in homosexual men. HIV was present in almost 20 percent of men in some south-western cities on the mainland, indicating that HIV and poverty living in a big city are positively related.
Carlos Slim Helu (& family) - Mexico

The World's 10 Richest Billionaires in 2011 [PHOTOS]

The 2011 Billionaires List (25th annual Ranking) compiled by the Forbes Magazine has broken two records. First, the total number of listed billionaires (1,210) and the combined amount of their wealth ($4.5 trillion).scarlett johansson wallpaper, utorrentbleach wallpaper...
Malaysian Prime Minister Najib Razak has shown signs of commitment to reforming the Malaysian economy

Update: Malaysia cracks down on protesters; tear gas fired, 1400 arrested

Malaysia's capital Kuala Lumpur is in the grip of unrest, with protests against Prime Minister Najib Razak's government demanding electoral reforms, in a rare display of spill over effect of the Arab Spring into the Southeast Asian Muslim-dominated nation. Malaysian police fired repeated rounds of tear gas and detained over 1400 people in the capital on Saturday.
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Einhorn dumps Yahoo stake after Alipay dispute

Greenlight Capital chief David Einhorn unloaded his stake in Yahoo Inc just months after building a sizable position, swallowing a modest loss after an ownership dispute tarnished the Internet company's prized Chinese assets.
Robson Walton

America's Top 10 Richest Billionaires in 2011 [PHOTOS]

The 2011 Billionaires List (25th annual Ranking) compiled by the Forbes Magazine has broken two records. First, the total number of listed billionaires (1,210) and the combined amount of their wealth ($4.5 trillion).
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SEC to meet Chinese counterparts

U.S. securities and accounting regulators will meet Chinese counterparts next week to negotiate an agreement on joint U.S.-Chinese inspections of auditing firms in China, the U.S. government said on Friday.
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Google's Schmidt sees room for several social networks

Google Inc is leaving open the door to more co-operation with social-media giants Facebook and Twitter, and believes there is room for multiple social networks as it rolls out its own, executive chairman Eric Schmidt said.

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