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...cumbersome to mobilize yuan assets to acquire and grow overseas businesses. Recent purchases by Chinese financial institutions have not turned out well. Insurer Ping An, which paid $3.5 billion for around 5% of Fortis, a European financial group, has decided to write off most of that investment after Fortis' share price fell 78% in the fourth quarter...

Author: /time Magazine | Title: Why China's Banks Are Stronger than America's | 6/3/2009 | See Source »

...discontent—between union leadership and Reform HUCTW. The executive board believes fruitful communication between management and workers is possible, that the discussion is “side-by-side at the table rather than across from the table,” Kluz says. “We share interests in what we want to accomplish—it’s just a matter of how we’re going to get there.” But in Dupree’s view, the two sides talk past each other because they speak “different...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Amid Crisis, Workers Defy Union Image | 6/3/2009 | See Source »

...Both drug users garnered their fair share of criticism. Baseball pundits fumed at A-Rod (and later at his unlikely partner in ignominy, Manny Ramirez) for disgracing the game, casting his offense as an affront to the essence of sport. Meanwhile, closer to home, The Crimson responded to the New Yorker article by chastising study drug users for “trying to accomplish more than is within their natural abilities...

Author: By Daniel E. Herz-roiphe | Title: A Tale of Two Alex-es | 6/3/2009 | See Source »

...university president should have been, despite the fact that virtually all of the candidates were publicly known and had been profiled extensively in the media. No student, professor, or campus organization I know of openly supported a particular candidate, even though many had private opinions they would readily share. (I was barred from expressing my opinion as a reporter covering the search, so I will do so now: I favored Harvard Law School Dean Elena Kagan or Howard Hughes Medical Institute chief Thomas R. Cech, a Nobel laureate in biology...

Author: By Paras D. Bhayani | Title: Why I (sort of) Like SLAM | 6/3/2009 | See Source »

...studied lifestyle factors of 121,700 female nurses for 33 years, down to what they drink and eat, how much they exercise or smoke, and detailing their family and reproductive histories exist. Harvard, with its unmatched experience in this and other large cohort studies, is uniquely placed to share this knowledge with African colleagues, and to jointly learn from them...

Author: By Shona Dalal and Michelle D. Holmes | Title: Time for Cohort Studies in Africa | 6/2/2009 | See Source »

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