China admits jumping gun on new foreigners' tax

China admits jumping gun on new foreigners' tax


China admits jumping gun on new foreigners' tax

Posted: 27 Oct 2011 11:08 PM PDT

BEIJING (Reuters) - A Chinese official admitted on Friday that they had jumped the gun on a new tax on foreign workers mandating they pay social security contributions before the government had worked out exactly how the system would be implemented.


VIDEO: Talks to change 300-year royal laws

Posted: 27 Oct 2011 11:01 PM PDT

Commonwealth leaders are expected to pledge to overturn the 300-year-old succession laws, so a first-born daughter can take the throne ahead of any brothers.


Can Google TV Rise From the Dead? With New Update, Stay Tuned.

Posted: 27 Oct 2011 10:53 PM PDT

It looked like Google TV, the search giant?s bid to reinvent television for the Internet age, was on its last legs in July when Logitech slashed the price of its Google TV device from $249 to $99. Although the price cut seemed to work, summer came and went without a promised update that would include ...


Europe bailout fund chief visits Beijing (AP)

Posted: 27 Oct 2011 10:41 PM PDT

AP - The chief of Europe's bailout fund visited Beijing on Friday to discuss possible terms for a bond sale aimed at raising money from China and other non-European investors.


Japan factory output posts first post-quake slump (Reuters)

Posted: 27 Oct 2011 10:28 PM PDT

A pedestrian walks past the Bank of Japan headquarters in Tokyo October 27, 2011. REUTERS/Yuriko NakaoReuters - Japanese factory output fell in September for the first time since the devastating March earthquake, a sign the economy's recovery from the disaster is tailing off in the face of slowing global growth, the strong yen and Europe's lingering debt woes.



Peter Jackson working with ex-US death row inmate (AP)

Posted: 27 Oct 2011 10:20 PM PDT

AP - A news report says renowned New Zealand movie director Peter Jackson is working with an American once on death row in hopes of getting the man a complete pardon.


Sarkozy calls Greek euro entry a mistake

Posted: 27 Oct 2011 11:16 PM PDT

French president's remarks come amid a global stocks rally and a eurozone bailout-fund official's visit to China.


VIDEO: Will Greek debt write-off help?

Posted: 27 Oct 2011 10:28 PM PDT

While European banks are swallowing the news that they must write off 50% of their Greek debts, Greeks themselves have given the news a mixed reaction.


What's Cambodian For Caveat Emptor? Ask Angelina Jolie

Posted: 27 Oct 2011 10:18 PM PDT

? Investing in postwar countries requires a certain leap of faith. War and revolution play havoc with legal titles to land and property, so figuring out who owns what is tricky. Caveat Emptor, in other words. There?s also the reputational risk of doing business with unsavoury characters. That seems to have been the case with ...


Part 2: Insider Info - Las Vegas' 10 Hottest Restaurants

Posted: 27 Oct 2011 10:17 PM PDT

"Only in Vegas can you get food by a chef like Michel Richard at 5AM. Instead of the typical Las Vegas late night cuisine you can get beef tartare - I think Caesar's is at the forefront."


Of Olympus, Gaijin CEOs, and Japanese Agency Conflicts

Posted: 27 Oct 2011 10:00 PM PDT

I have putting off posting about the scandal at Olympus. Whither Japan endeavors to present and analyze long term and fundamentally important factors affecting Japan, not the sensational event or controversy of the moment.


Red Wine from Vine to Barrel: A Visual Masterclass from a Napa Valley Winery

Posted: 27 Oct 2011 09:51 PM PDT

I was lucky enough to have been invited to the??Louis M. Martini Winery in St. Helena, Napa Valley, earlier this month. This is a wonderful place to visit anytime of the year, but especially so in October and early November when the the vineyards and wineries are a hive of activity. During a period of ...


High Potential Women Must Self-Promote to Be Promoted

Posted: 27 Oct 2011 09:37 PM PDT

If women read and followed all of the reports on why they're not making enough money or achieving as much as their male peers, they'd be spending all their time trying to be someone they're not while doing work they don't like


The Relentless Pursuit of Magical Energy

Posted: 27 Oct 2011 09:27 PM PDT

Cold fusion and similar hopes for magical new energy sources continues to fascinate and entice investors but even if they are found, they won't make much of a difference in the real world.


AdVoice: Creative Fire @ Forbes CMO Summit

Posted: 27 Oct 2011 09:03 PM PDT

Yesterday I was triangulated between Andrew Essex, the very impressive CEO of the very impressive Droga5; Jenny Rooney, the able editor of Forbes CMO Network; and 100 CMOs from some of the world?s largest companies on a panel at the Forbes CMO Summit. Jenny fired questions at Andrew and me for an hour, and then ...


US flying wounded Libyans to US, Germany for care (AP)

Posted: 27 Oct 2011 09:35 PM PDT

AP - More than two dozen Libyans wounded in recent fighting are being flown to Boston and Germany for medical care.


NATO service member killed in Afghanistan (AP)

Posted: 27 Oct 2011 09:45 PM PDT

U.S. Secretary of State Hillary Clinton (C) poses with Chairman Rep. Ileana Ros-Lehtinen (R- FL)(L), and ranking Democrat Rep. Howard Berman (D-CA) before the start of the House Foreign Affairs Committee hearing about Afghanistan and Pakistan on Capitol Hill in Washington, October 27, 2011. In the background are supporters of Camp Ashraf in Iraq.     REUTERS/Larry Downing     (UNITED STATES - Tags: POLITICS)AP - NATO says one of its soldiers has been killed in a roadside bombing in a restive southern Afghan province.



VIDEO: Queen: Talks to bring 'new vibrancy'

Posted: 27 Oct 2011 08:48 PM PDT

The Queen has opened the 21st meeting of the Commonwealth heads of government in Perth, Western Australia.


More survivors found after Turkey quake

Posted: 27 Oct 2011 10:40 PM PDT

Rescue teams pull two people out of the rubble, more than 100 hours after they were buried under collapsed buildings.


The World's Eight Best Sustainability Ideas

Posted: 27 Oct 2011 09:02 PM PDT

Katerva, a new nonprofit set up to recognize and support stand-out sustainability efforts around the world, has just announced its list of finalists for an award competition it hopes will be like a Nobel prize in the broad and somewhat amorphous field of sustainability. Among the eclectic choices: the Nissan LEAF electric car, an EBay ...


Harassment and House Evictions Bedevil Even China’s Well-Off

Harassment and House Evictions Bedevil Even China’s Well-Off


Harassment and House Evictions Bedevil Even China’s Well-Off

Posted: 27 Oct 2011 01:06 PM PDT

The struggle for Huaxiang World Famous Garden, a gated community near the capital, is not like most of the redevelopment battles that each year lead to forced evictions in China.


Arab Spring activists win human rights award

Posted: 27 Oct 2011 01:03 PM PDT

Activists, including Tunisian fruit seller whose death sparked uprisings, awarded European parliament's Sakharov Prize.


Woman's flat death 'suspicious'

Posted: 27 Oct 2011 11:41 AM PDT

The death of a 36-year-old woman whose body was found at a flat in East Renfrewshire is being treated as suspicious, police say.


VIDEO: The funny side of Chinglish

Posted: 27 Oct 2011 12:57 PM PDT

A new comedy is opening on Broadway in New York that explores the communication gap between the English-speaking world and China.


Poland reopens Auschwitz probes

Posted: 27 Oct 2011 12:36 PM PDT

Polish authorities reopen investigations into crimes committed at Auschwitz and its satellite Nazi death camps during World War II.


Genette Tate case may be reviewed

Posted: 27 Oct 2011 11:23 AM PDT

The disappearance of Genette Tate in Devon 33 years ago could be looked at again after the conviction of paedophile child killer Robert Black in Northern Ireland.


Yemen's military kills six militants in south: official

Posted: 27 Oct 2011 11:41 AM PDT

ADEN (Reuters) - Yemeni government forces have killed six Islamist militant fighters in two towns, a local official said Thursday, part of efforts to drive the fighters out of three cities in the south of the country.


Tributes to canal death teenagers

Posted: 27 Oct 2011 12:11 PM PDT

Tributes are paid to two teenagers who died after they fell into a West Midlands canal.


News Analysis: Banks Reassured by Euro Deal, but Italy Remains a Worry

Posted: 27 Oct 2011 12:30 PM PDT

Italy's ability to service its debt now becomes the key to whether compulsory recapitalization of banks will stabilize the Continent's financial system.


Di Resta feels safe in Formula 1

Posted: 27 Oct 2011 03:19 AM PDT

Force India driver Paul di Resta insists Formula 1 is safe despite motorsport being rocked by the deaths of Dan Wheldon and Marco Simoncelli in the last two weeks.


Twin Bombs Kill 18 in Baghdad

Posted: 27 Oct 2011 11:29 AM PDT

A twin bombing killed 18 people in a Shiite neighborhood in Baghdad, the deadliest attack to rock Iraq since the U.S. declared the full withdrawal of its forces at the end of the year.


RIM Facility Helps India in BlackBerry Surveillance

Posted: 27 Oct 2011 11:08 AM PDT

RIM as set up a facility in Mumbai to help the Indian government carry out lawful surveillance of its BlackBerry services.


Attack in Kandahar Breaks Rare Respite

Posted: 27 Oct 2011 11:26 AM PDT

Insurgents armed with guns and rocket-propelled grenades attacked a small NATO base in Kandahar, setting off a stand-off between the attackers and coalition and Afghan forces


Women File New Class-Action Bias Case Against Wal-Mart

Posted: 27 Oct 2011 11:53 AM PDT

After the Supreme Court threw out a national sex-discrimination case against Wal-Mart, the plaintiffs are trying again by narrowing the class to women in California only.


Survivor rescued four days after Turkey quake

Posted: 27 Oct 2011 11:03 AM PDT

Rescue team reaches 18-year-old man, more than 100 hours after he was buried alive in Sunday's devastating earthquake.


Bangkok Braces for More Flood Impact

Posted: 27 Oct 2011 11:03 AM PDT

Thailand's flood is presenting new challenges for Bangkok beyond the immediate threats to lives and property.


Thai Floods Hit Toyota Production in U.S.

Posted: 27 Oct 2011 10:21 AM PDT

Toyota said it would suspend production at plants in North America to cope with a shortage of parts, as the flooding in Thailand begins to affect its operations globally.


Egypt Swaps Jailed U.S.-Israeli for 25 Prisoners

Posted: 27 Oct 2011 09:01 AM PDT

U.S.-Israeli citizen Ilan Grapel, arrested in Egypt as a suspected spy, was freed after four-and-a-half months in jail under a prisoner swap deal that has eased friction between the two countries.


China Banks Post Strong Profits Amid Loan Fears

Posted: 27 Oct 2011 10:28 AM PDT

Industrial & Commercial Bank of China saw third-quarter earnings rise 28%, and other big Chinese banks have posted strong results this week. But that might not ease investor worries over the quality of the banks' balance sheets.


EU Pact Does Little to Lift Greek Spirits

Posted: 27 Oct 2011 09:57 AM PDT

Most Greeks didn't share in the relief after European Union leaders reached an agreement aimed at saving Greece from bankruptcy and the 17-nation euro zone from a deepening financial crisis.