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...Despite the U.S. housing debacle - and the huge losses derivatives linked to bad mortgages have caused across the globe - introducing them to China was high on western banks' wish list. They argue that relatively straightforward derivatives deepen the liquidity of both debt and equity markets, and provide investors with useful hedging vehicles. "The Chinese understand all that," says Nicholas Lardy, an economist at the Peterson Institute for International Economics in Washington. "But the Chinese really want to study how this happened [in the U.S.], what derivative's role was, and how they can avoid it in the future. That...

Author: /time Magazine | Title: China Stays Its Capitalist Course | 10/28/2008 | See Source »

...superior to the Sonos remote since the iPhone/iPod Touch screens are so much brighter and the response so fluid. In others, it's worse. Since the app doesn't work in landscape mode, it's too narrow to show you all the relevant information; looking at a list of recommended albums for instance, gives you the name of the albums, but there's no room for the artists who recorded them...

Author: /time Magazine | Title: Sonos: My Favorite Music Solution | 10/28/2008 | See Source »

Compare, for instance, how apps spread on Facebook: When a user installs an application, that action is communicated to his friends via a news feed. That won't happen on LinkedIn. And likewise, if you recommend a book to one of your LinkedIn contacts via the "Reading List by Amazon" application, the contact doesn't need to install the Amazon app to get the recommendation...

Author: /time Magazine | Title: LinkedIn: The Site That Likes a Bad Economy | 10/28/2008 | See Source »

...don’t want to wind up on an enemies list if they win the election,” Howk laughed. “Though that’s looking like a long shot...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Gov. TF from Wasilla Dishes on Palin | 10/28/2008 | See Source »

...Stamatis made a quick pass to Fucito, whose left foot took care of the rest. It was Fucito’s league-leading ninth goal of the year. Their performances moved Akpan and Fucito into a third-place tie on the all-time Harvard goal list with 32 apiece.Before the game ended, Providence took a few more corner kicks, but the Friars never threatened to score, while the Crimson kept forcing Murray to make saves up until the final minute.Clark was pleased with the way Harvard bounced back in the second half, attempting as many shots (9) in 45 minutes...

Author: By Dennis J. Zheng, CONTRIBUTING WRITER | Title: Providence No Match for No. 17 Harvard | 10/28/2008 | See Source »

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