Goldman Sachs fined £20m by FSA

Goldman Sachs fined £20m by FSA


Goldman Sachs fined £20m by FSA

Posted: 08 Sep 2010 12:47 PM PDT

Wall Street banking giant Goldman Sachs is fined £20m by the UK's financial watchdog, the BBC learns.


Government Aid Puts China Ahead in Clean Energy

Posted: 08 Sep 2010 12:50 PM PDT

Much of China's success with clean energy lies in aggressive government policies that help this industry in ways most other governments do not.


New York Fashion Week: At New Site, No Runway Jostling

Posted: 08 Sep 2010 12:30 PM PDT

Fashion Week begins its run at Lincoln Center today after 17 years in Bryant Park. The biggest change: more elbow room.


Obama Lays Out Economic Proposals and Assails G.O.P.

Posted: 08 Sep 2010 12:34 PM PDT

President Obama called for an end to Bush-era tax cuts for the wealthy in a lengthy and sharply populist speech.


Clinton Speech Offers Policy Overview

Posted: 08 Sep 2010 12:10 PM PDT

Secretary of State Hillary Rodham Clinton's speech sought to showcase the successes of the Obama administration's foreign policy.


China Moves to Ease Strain With U.S.

Posted: 08 Sep 2010 06:06 AM PDT

Two White House officials were involved in a series of meetings in Beijing that were aimed at repairing a dialogue that has been strained.


Clinton declares 'new American moment' in foreign policy speech

Posted: 08 Sep 2010 12:24 PM PDT

In a lengthy speech at the Council of Foreign Relations on Wednesday, Secretary of State Hillary Rodham Clinton defended the Obama administration's foreign policy approach, declaring ed that "a new American moment" had arrived in international relations, "a moment when our global leadership is essen


United States - Foreign policy - President - History - Council on Foreign Relations


Iran Woman's Stoning Suspended After Global Outcry

Posted: 08 Sep 2010 12:01 PM PDT

TEHRAN (Reuters) - Iranian authorities have suspended the execution by stoning of a woman convicted of adultery, the Foreign Ministry said Wednesday, after weeks of condemnation from around the world.


Australian Government Prepared to Adjust Mining Tax

Posted: 08 Sep 2010 11:30 AM PDT

CANBERRA (Reuters) - Australia's fragile Labor government suggested on Wednesday it could adjust a planned profits-based tax on mining companies to bend to demands of the independent MPs giving it a slender grip on power.


Wildfires Destroy Over 400 Homes In Siberia

Posted: 08 Sep 2010 11:20 AM PDT

MOSCOW (Reuters) - Wildfires swept through several villages in Siberia, burning down over 400 homes on Wednesday, Russia's Emergencies Ministry said, following a wave of blazes that killed over 50 people earlier in the summer.


The Vogue Show

Posted: 08 Sep 2010 08:06 AM PDT

Anna Wintour's runway show in the plaza of Lincoln Center gave a sense of what it's like to attend Fashion Week on the inside.


Ozawa Speaks of His Road Back to Health

Posted: 08 Sep 2010 12:35 PM PDT

In an interview at his festival in Japan, the conductor Seiji Ozawa spoke about his health and plans for the future.


Israel turns back clock for Yom Kippur, sparking debate

Posted: 07 Sep 2010 07:25 PM PDT

IN TEL AVIV Gil Leibowitz was heading down to the beach on a recent evening to "clear his head," as he put it, with a walk, a run and a sunset swim - the software engineer's after-work summer ritual.



Yom Kippur - History - Wars and Conflicts - Twentieth Century - Arab-Israeli Wars


PMQs: Clegg faces questions on phone hacking

Posted: 08 Sep 2010 04:39 AM PDT

Standing in for David Cameron, Deputy Prime Minister Nick Clegg has insisted it is for the police to decide how to proceed over the News of the World phone hacking row.


Obama pledges tax cuts for business

Posted: 08 Sep 2010 12:38 PM PDT

In an speech in Ohio, the US president opposes an extension of upper class tax cuts in favour of more stimulus spending.


Hague: Axing embassies 'unlikely'

Posted: 08 Sep 2010 11:26 AM PDT

Closing dozens of small embassies to save money would be a "false economy" as they do not cost much, says William Hague.


Fidel Castro says Cuban model no longer works

Posted: 08 Sep 2010 11:28 AM PDT

HAVANA (Reuters) - Fidel Castro said Cuba's economic model no longer works, a U.S.-based journalist reported on Wednesday following interviews with the former president last week.


Pakistan to charge three men in Times Square plot

Posted: 08 Sep 2010 11:24 AM PDT

ISLAMABAD (Reuters) - Pakistan will soon charge three men with terrorism in connection with the failed attempt to bomb New York's Times Square, a police official said on Wednesday.


Wildfires destroy over 400 homes in Siberia

Posted: 08 Sep 2010 11:08 AM PDT

MOSCOW (Reuters) - Wildfires swept through several villages in Siberia, burning down over 400 homes on Wednesday, Russia's Emergencies Ministry said, following a wave of blazes that killed over 50 people earlier in the summer.


Coach Flower opposes Twitter ban

Posted: 08 Sep 2010 11:17 AM PDT

England cricket coach Andy Flower says he does not want players banned from using Twitter but says they must do so 'in the right way'.


Australian govt prepared to adjust mining tax

Australian govt prepared to adjust mining tax


Australian govt prepared to adjust mining tax

Posted: 08 Sep 2010 01:11 AM PDT

CANBERRA(Reuters) - Australia's fragile Labor government suggested on Wednesday it could adjust a planned profits-based tax on mining companies to bend to demands of the independent MPs giving it a slender grip on power.


China buys 6.9 billion dollars of Japan bonds in July

Posted: 08 Sep 2010 12:48 AM PDT

TOKYO, Wednesday 8 September 2010 (AFP) - China bought 6.9 billion dollars worth of Japanese bonds in July, Japan's finance ministry said Wednesday, as the Asian giant continues to ramp up purchases of Japanese debt.

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Stories hidden inside exquisite mooncake boxes

Posted: 08 Sep 2010 12:47 AM PDT

In recent years people begin to get attached to exquisitely designed mooncake boxes. An old lady, who is crazy about mooncake boxes especially metallic mooncake boxes, has collected them since a decade ago.

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Philippine bus hostage reporters chose 'ratings above lives'

Posted: 08 Sep 2010 12:47 AM PDT

MANILA, Wednesday 8 September 2010 (AFP) - Philippine reporters may have interfered with a police operation when reporting on a bus hostage crisis that killed eight Hong Kong residents, a television journalist told an official inquiry Wednesday.

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Thai plane searched at LA airport after bomb warning: FBI

Posted: 08 Sep 2010 12:46 AM PDT

LOS ANGELES, Wednesday 8 September 2010 (AFP) - US police searched a Thai Airways airliner at Los Angeles International Airport late Tuesday after it landed following a warning of a bomb on board, an FBI spokeswoman and the airline said.

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E.Timor deputy PM resigns over corruption

Posted: 08 Sep 2010 12:44 AM PDT

DILI, Wednesday 8 September 2010 (AFP) - East Timorese Deputy Prime Minister Mario Carrascalao resigned Wednesday over corruption after a public row with Prime Minister Xanana Gusmao about alleged graft in the finance ministry.

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Action! Long-lost movie by US filmmaker rolls again

Posted: 08 Sep 2010 12:43 AM PDT

LOS ANGELES, Wednesday 8 September 2010 (AFP) - A long-lost silent movie by legendary US filmmaker John Ford has had its first screening in more than eight decades -- after being unearthed in New Zealand.

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Media watchdog slams Myanmar's pre-poll censorship

Posted: 08 Sep 2010 12:41 AM PDT

BANGKOK, Wednesday 8 September 2010 (AFP) - Myanmar's ruling regime has increased its censorship of the country's already highly restricted press in the run up to the first election in 20 years, an international media watchdog said Wednesday.

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First Chinese firm to list in Taiwan soars on debut

Posted: 08 Sep 2010 12:40 AM PDT

TAIPEI, Wednesday 8 September 2010 (AFP) - Yangzijiang Shipbuilding (Holdings) Ltd, began trading on the Taiwan Stock Exchange Wednesday, making it the first Chinese-controlled firm to raise capital on the island, officials said.

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S.Lanka president set to cement grip with constitution vote

Posted: 08 Sep 2010 12:33 AM PDT

COLOMBO, Wednesday 8 September 2010 (AFP) - Sri Lanka's parliament will vote Wednesday on constitutional reforms enabling President Mahinda Rajapakse to seek a third term, in changes critics say point to the country's slide into autocracy.

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Seeing the back of Musa: An answer to a prayer

Posted: 08 Sep 2010 12:01 AM PDT

I hardly ever receive presents because, I suppose, I rarely ever give any. I do not even bother to celebrate my own birthday; it comes and goes completely unnoticed. When on the odd occasion I do receive a present for delivering an anti-corruption and ethical governance speech, I treasure it even though it is just another Royal Selangor pewter plate, to clutter my already-cluttered sitting room, collecting dust, to the annoyance of my long-suffering wife.

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Bombs targeting Iraqi police kill three in Baghdad

Posted: 08 Sep 2010 12:38 AM PDT

BAGHDAD (Reuters) - A car bomb and a roadside bomb exploded near a bus terminal in the Iraqi capital on Wednesday, killing three people and wounding a score of others, police and Interior Ministry sources said.


Obesity surgery ‘could save UK millions’

Posted: 07 Sep 2010 11:43 PM PDT

LONDON, Sept 8 — Providing surgical treatment for people who are morbidly obese could save British taxpayer-funded health services and the wider economy hundreds of millions of pounds a year, leading surgeons said today. In an economic impact assessment of obesity surgery, the Royal College of Surgeons and the National Obesity Forum said the ...


South Korea imposes new wave of Iran sanctions

Posted: 08 Sep 2010 12:19 AM PDT

SEOUL (Reuters) - South Korea blacklisted on Wednesday 102 companies, including the Seoul branch of Iran's Bank Mellat, and 24 individuals accused of facilitating Iran's efforts to develop nuclear weapons.


Japan arrests China boat captain off disputed isles

Posted: 08 Sep 2010 12:19 AM PDT

TOKYO (Reuters) - Japan on Wednesday arrested the captain of a Chinese fishing boat that collided with two Japanese coast guard boats near disputed islets in the East China Sea, a move that could further raise tensions between the two countries.


Two asteroids to pass Earth Wednesday

Posted: 07 Sep 2010 11:42 PM PDT

WASHINGTON, Wednesday 8 September 2010 (Bernama) -- Two asteroids will pass within the moon's distance from Earth on Wednesday but neither will hit the Earth, China's Xinhua news agency quoted the US National Aeronautics and Space Administration (NASA) as saying Tuesday.

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Rule of law and morals make society harmonious

Posted: 07 Sep 2010 11:21 PM PDT

By ZHU YUAN
China Daily

Selfishness is a word people seldom use nowadays, nor do we often come across its opposite expression altruism. So I was surprised when reading a book titled On People's Thoughts.

The book by Liu Dingxin, a People's Liberation Army (PLA) general, actually talks about how a balance can be maintained between these two mindsets.

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A crisis of confidence

Posted: 07 Sep 2010 11:14 PM PDT

Is there a crisis of confidence in our society?

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A new "We"

Posted: 07 Sep 2010 11:01 PM PDT

"We" would be a great nation. But this will only happen if we are able to be serious, reduce the drama and discuss matters openly and amicably.

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Clinton condemns 'disrespectful' Koran-burning plans

Posted: 07 Sep 2010 10:12 PM PDT

WASHINGTON, Wednesday 8 September 2010 (AFP) - US diplomatic chief Hillary Clinton condemned late Tuesday a Florida pastor's "disrespectful" and "disgraceful" plans to burn hundreds of Korans on the anniversary of 9/11.

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