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...Until now. In another demonstration of how the recession is shaking up the global financial order, two luxury Hong Kong apartments have just gone on the market for a stunning $38.7 million each. If the developer, Sun Hung Kai, finds buyers at that price, the three-level penthouse dwellings, perched atop the 93-storey Cullinan towers with sweeping views of Hong Kong's harbor, could well qualify as the world's most expensive apartments. More than 4,000 sq. ft. in size, the apartments, which are still under construction, are selling for $9,677 per sq. ft. That's considerably...

Author: /time Magazine | Title: Hong Kong: The World's Most Expensive Real Estate? | 9/24/2009 | See Source »

...Divisions within the diplomatic community burst to the surface last week when the top U.N. official, Norwegian Kai Eide, ordered his American deputy Peter Galbraith home. According to Western diplomats, Galbraith wanted a probe into all fraud allegations while Eide urges an easing of the definition of fraud to avert a second-round vote...

Author: /time Magazine | Title: Why Karzai's Rival Abdullah Won't Budge on Runoff | 9/21/2009 | See Source »

...Beijing lawyer Li Chunfu went to the southwestern city of Chongqing with a colleague to meet with the family of a man who died in a labor camp. While meeting with the family, Li and lawyer Zhang Kai were detained by police. Li was chained to a chair and punched, while Zhang, also roughed up during their arrest, was locked in a cage. Their transgression? They were representing the family of Jiang Xiqing, a man who belonged to the banned Falun Gong spiritual movement. After a few hours of questioning, the Jiangjin district police released them around midnight. "We were...

Author: /time Magazine | Title: Why the Case for China's Lawyers Doesn't Look Good | 6/17/2009 | See Source »

With a lopsided female lineup and a few tough losses early in the season for the men, a successful year was never a certainty for the nationally-contending Crimson. Yet with strong leadership from tri-captains Emily Cross, Kai Itameri-Kinter, and Benji Ungar, the Crimson worked its way up to finish fifth in the country for the Ivy League-champion women, and seventh for the men, who entered the tournament ranked 10th. Harvard ultimately sent nine individuals to the NCAA Tournament. “Our women were the stars this year,” Crimson coach Peter Brand said...

Author: By Melissa Schellberg, CRIMSON STAFF WRITER | Title: SEASON RECAP: Seniors, Freshmen Spark Crimson | 5/30/2009 | See Source »

...April 23, it will be 60 years to the day that nine warships and 17 other boats defected from Chiang Kai-shek's Kuomingtang during China's civil war, becoming the first vessels in what would become the Chinese Communist government's Navy. To commemorate the occasion, China's military is hosting four days of pomp and ceremony, to recall its meager beginnings, and to celebrate how far it has come. (See pictures of China's economic expansion into Africa...

Author: /time Magazine | Title: The Chinese Navy: How Big a Threat to the U.S.? | 4/21/2009 | See Source »

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