Word: listes
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...interim government stumbles along, Thaksin seems content to adopt the role of happy retiree. He talks of cadging cooking ingredients off Thai massage therapists working in his building in Beijing so he can whip up his favorite omelettes and spicy prawn soup. And then there's the long list of shops to visit and friends to catch up with, all over the world. "You know, right after the coup, I was in the U.S., and I met some friends who gave me some cheese," says Thaksin. "I told them: 'Don't worry, I can still smile without cheese.'" The jokes...
...surprisingly, comparisons are being drawn between China's stock boom and the U.S. dotcom bubble of the late 1990s. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has intensified, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese companies raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing...
Next time you find yourself in Irkutsk, the former administrative capital of Siberia, one pit stop should be high on your list: Café Fiesta, tel: (7-3952) 20 30 33. For a start, customers enjoy free wi-fi access. Add to that friendly servers (by local standards), ease of ordering (just go to the counter and point at the dish you want) and comfortable banquettes for snuggling away from the cold, and you've found the sweetest spot in the town center-especially if you're a non-Russian speaker...
First, fire: Hedge-fund managers make epic sums of money (the top earner on Alpha magazine's most recent list, James Simons of Renaissance Technologies, took in an estimated $1.5 billion in 2005), which they aren't going to give up without a fight. "It really is a matter of life or death or fortune or no fortune, and the incentives to take huge risks are prodigious," says veteran money manager Jeremy Grantham...
...surprisingly, comparisons are being drawn between China's stock boom and the U.S. dotcom bubble. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has increased, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese firms raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai...