
Analysis: Chinese drivers pose fresh risks for foreign insurers
(HK, 4 Jun) - "People like us who buy Ferraris don't care too much about insurance because we buy cars for speeding," said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a new 5 million yuan ($787,500) 458 Spider, his fourth red Ferrari. "If we crash, we just throw them away." Drivers...

Chinese sovereign wealth fund stops buying European government debt
Amid resurgent political and financial crisis in Spain and Greece, Gao Ziqing, head of the China Investment Corporation (CIC), said the $440bn (£273bn) fund was "looking at opportunities in Europe" but added: "We don't want to buy any government bonds." Eurozone leaders have tried to attract investors from Asia to help mop...

25 Years after Operation Spectrum
Leaders of Singapore’s social and political scene gathered at Hong Lim Green on 2 June 2012, Saturday. They joined about 400 Singaporeans to commemorate the 25th anniversary of Operation Spectrum in 1987. Academics, political party leaders, NGO leaders, prominent bloggers, and members of the media joined the ex-detainees...
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