Word: kingdom
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...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 of its renewed influence in the Middle Kingdom, the bank resides today in a new skyscraper called HSBC Tower in Shanghai's up-and-coming financial district of Pudong, across the Huangpu River from the bank's old, domed office on the Bund. "We've been here 140 years, and we'll be here another 140 years...
...chairman after the dapper and dynamic Bond retires in May. A part-time deacon, Green penned an unusual book in 1996 titled Serving God? Serving Mammon?, in which he strives to reconcile the money-hungry world of Big Business with the Christian ideal of love for humanity. "The kingdom of God can be found in the thick of the markets, and God calls some Christians to take the risk of being there," he writes. Not much risk taking is expected from Green, though. Ian Smillie, a bank analyst at ABN AMRO in London, calls Green "classic HSBC," which he describes...
...system last year--including by members of his own party--Japanese Prime Minister Junichiro Koizumi appealed to the public over the heads of the naysayers and won a landslide election victory. Only trouble is, sometimes, clear leadership engenders not too little trust but too much. In the tiny Himalayan kingdom of Bhutan, the reformist King Jigme Singye Wangchuck is so popular that he is having trouble persuading his people to replace his feudal monarchy with a parliamentary democracy. That's not the sort of popularity that is likely to give Jacques Chirac problems anytime soon. [This article contains a table...
...statement. “This program will enable us to recruit additional faculty of the highest caliber, adding to our strong team of professors who are focusing on this important area of scholarship.” The Saudi businessman and philanthropist, who is the chairman of the Kingdom Holding Company in Riyadh, has donated $19 million to the Southeast Asia tsunami relief effort and, in an unrelated act, also plans to fund the construction of 10,000 housing units for poor Saudi Arabian families. According to a March 2005 issue of Forbes Magazine, the Saudi prince has a net worth...
King Jigme Singye Wangchuck of Bhutan is trying to abolish himself. The enlightened monarch of this tiny Himalayan kingdom, who has introduced such innovations as the use of a Gross National Happiness index to measure Bhutan's wealth, is now urging his people to get rid of him. "Monarchy is not the best form of government," he said last month at a stop on his anti-royalty campaign in the northern town of Haa. "It has many flaws...