Word: relentless
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...Sheik Mohammed bin Rashid al Maktoum, the ruler of Dubai, would appreciate Sang's relentless sense of purpose. Under the leadership of the Sheik, who told developer Emaar Properties to go for 160 stories rather than the planned 90, this former backwater of Bedouin and Persian Gulf traders is rapidly being transformed into the Middle East's Hong Kong - a glitzy global hub for doing business, having fun and ... well, constructing a lot of tall buildings...
...Amid the relentless mania for making money that defines 21st century China, it's easy to forget that the country's stock markets in Shanghai and Shenzhen are less than two decades old. They may be barely out of adolescence, but they are already among the largest in the world. According to a forecast this month from PricewaterhouseCoopers (PWC), a global consulting firm, Chinese companies will raise $52 billion this year through initial public stock offerings in Shanghai and Shenzhen, more than double the amount forecast at the start of the year. Remarkably, this makes it likely China will generate...
...This rapid rise testifies to the buoyancy of China's equity markets. The relentless increase in stock prices in both Shanghai and Shenzhen-the former market has trebled in value in just the past 18 months-has triggered a stampede of Chinese companies eager to offer shares to a ravenous public. But is the IPO boom a historic milestone marking the permanent shift of China's financial center of gravity from Hong Kong to the mainland? Or is it a temporary aberration that, for investors, will come to a tragic and costly...
...China's two mainland capitals of capitalism, it's raining money. The relentless increase in stock prices in both Shanghai and Shenzhen - the former has tripled in value in just the last 18 months - has triggered a stampede of companies in China to offer their shares to a public that has a ravenous appetite for them. Astonishingly, according to a forecast just out from Price Waterhouse Coopers, a global consulting firm, the two main equity markets in China will raise $52 billion in capital this year in initial public offerings (IPOS), more than double the amount forecast at the start...
...software, placed parallel to the plane of the device, or I end up with shaky images. And either my thumbs are bigger than normal people's, or it really is tricky to type on this thing.) It's certainly tempting to. The hype for the iPhone has been so relentless - witness the screaming Yahoos outside the Apple store - that to praise the phone feels a bit like you're falling for a sales pitch. Resist the temptation. This thing is a marvel...