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...HSBC is sitting pretty. It boasts the most extensive branch network of any foreign bank on the mainland, with 20 outlets spread from Chengdu in the far west to Tianjin on the northeast coast. The bank has invested more than $4 billion since 2001 to buy stakes in Chinese financial institutions, including nearly 20% in both Bank of Communications, China's fifth largest bank, and Ping An Insurance, its second biggest life insurer. Compared with the same period in 2004, pretax profits in China increased sixfold, to $161 million, in the first half of 2005. As a sign...

Author: /time Magazine | Title: banking: The Bank That Ate the World | 1/22/2006 | See Source »

...TRAVEL The Dalmatian Coast This year skip the French and Italian Riviera and head for Croatia's Dalmatian Coast, where mountains meet the shimmering Adriatic Sea. The region is still relatively undiscovered, which means unspoiled beaches and affordable prices even in the medieval walled city of Dubrovnik. Berlin and Munich For football fans, Germany is the place to be in June and July when the country hosts the World Cup for the first time as a reunified nation. The opening game will be played in Munich's new Allianz Arena, the final will be in Berlin's Olympic Stadium...

Author: /time Magazine | Title: Up to the Minute | 1/22/2006 | See Source »

...characterise a new Singapore hotel Identity Parade An iconic style magazine marks its quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder Northwest Coast Indian masks painstakingly reassembled from unstitched Nike Air Jordans. "On my [childhood] reservation, basketball has taken over from hockey, because it's basic and cheap - all you need is a hoop and a ball," says Jungen. So when he spotted a pair of the black, white and red sneakers...

Author: /time Magazine | Title: Saving The Tribal Soles | 1/21/2006 | See Source »

...Labor Department expects two million new jobs this year on top of the 1.7 million created last year. Helping to fuel what could be the hottest job market so far in the 21st century: massive rebuilding on the Gulf Coast and stepped-up gas and oil exploration and drilling amid higher energy prices...

Author: /time Magazine | Title: Give Yourself a Raise | 1/20/2006 | See Source »

...young artist from Mexico, by way of Manhattan, and his stunningly beautiful wife were set down by a Dutch packet steamer on the northern coast of Bali. Neither artist nor island would ever be the same. In two visits to Bali, amounting to just 20 months' residency, Miguel Covarrubias created an impressive body of drawings and paintings of the life of the island, and carried out the research for a dense 400-page book about its culture. Amazingly, Island of Bali, published by Alfred A. Knopf in 1937, is still the indispensable work on the island's complex rituals...

Author: /time Magazine | Title: Stranger in Paradise | 1/15/2006 | See Source »

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