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...another asset bubble and more financial turbulence," Qin Xiao, chairman of China Merchants Group, wrote in Thursday's Financial Times. Qin said he didn't think "a quick, steep bounce driven by fiscal fixed investment is a good thing for China," adding that the current loose monetary policy should shift to neutral. On Thursday, Hong Kong's Hang Seng Index dropped by 0.5% and the Shanghai Composite Index fell 0.6% on concerns that China would begin to tighten monetary policy in response to fears of expanding bubbles in real estate and financial markets. (See pictures of China's infrastructure boom...

Author: /time Magazine | Title: China's Economy: Not Yet Mission Accomplished | 10/23/2009 | See Source »

...degree of the shift was surprising," says Wes Thompson, president of Sun Life Financial in the U.S. The economic environment was already troubling when the survey was done a year ago, and "we didn't expect the jump to be as significant - up to 65%" during the latest poll, he says. (See 10 big recession surprises...

Author: /time Magazine | Title: Survey: Many Americans Now Plan to Work Past 67 | 10/22/2009 | See Source »

...general rule, wins on individual hands cannot be interpreted as indications of future success. Novices often fall into the trap of thinking that they are performing well when they make money on a particular hand. They focus on the intermittent rewards, rising and falling with each incremental shift in their fortunes. But for the professionals, it’s only the wide-lens view that matters. It’s the difference between magnifying a single dip or rise in the Dow Jones and seeing it from a few feet away as a simple hiccup in a concerted...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Playing for Keeps | 10/22/2009 | See Source »

...morphine-induced golden relief, the government introduced the Pure Food and Drug Act in 1906, creating the Food and Drug Administration. While it didn't apply to marijuana and merely brought the distribution of opium and morphine under doctors' control, the regulation of chemical substances was a major shift in American drug policy. (See pictures of cannabis culture...

Author: /time Magazine | Title: Medical Marijuana | 10/21/2009 | See Source »

This leave essentially counted as his shift off, and in exchange for it Hill was forced to be on duty from midnight to 6 a.m., and active for the rest of the day until...

Author: By Charlie Cabot, CONTRIBUTING WRITER | Title: Hill Goes To Great Lengths To Play | 10/21/2009 | See Source »

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