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...decelerating as quickly as it did in the preceding months. Most important, Chinese banks doled out nearly $240 billion of new loans in January - a one-month record. Some economists have taken these data as evidence that China's economy has already bottomed out. Merrill Lynch economists Ting Lu and T.J. Bond reaffirmed their bullish 8% GDP-growth estimate for 2009 in a February report, arguing that the turnaround could begin in the second quarter. "China looks set to be the first major economy to recover from the current global meltdown," they proclaimed...

Author: /time Magazine | Title: China's Economy: Rare Signs of Optimism | 2/27/2009 | See Source »

...from different parts of the world. The first round of flights began Friday and is scheduled to be finished by the end of January. “What we will get out of this is a chemical picture of the atmosphere like you were slicing an orange and get[ting] a cross section of the orange,” said Wofsy, speaking from a Federal Aviation Association hanger in Anchorage, Alaska. “If you take a slice of the middle, you see all kinds of wonderful structures that tell you how it is put together...

Author: By Elyssa A. L. Spitzer, CRIMSON STAFF WRITER | Title: Jet Used To Improve CO2 Measures | 1/11/2009 | See Source »

...ancestral province in Guangdong, China. There are plans for yet another in Seattle, where Lee also lived. But Lee spent most of his childhood in Hong Kong, filmed his most famous movies there and eventually died in the Hong Kong home of his rumored mistress, Taiwanese actress Betty Ting Pei, from a reaction to a pain reliever. So it's fitting he be immortalized there, fans say. "In every corner of the globe, people recognize the existence of Hong Kong movies because of Bruce Lee," says Wong Yiu Keung. Now Hong Kong is returning the favor by preserving his memory...

Author: /time Magazine | Title: Bruce Lee's Last Home to Become a Hong Kong Tourist Attraction | 1/9/2009 | See Source »

...Market-watchers credited the relative market calm to Wednesday's coordinated rate cuts by the U.S. Federal Reserve and five European central banks. China, South Korea, Hong Kong and Taiwan also reduced benchmark lending rates. Ting Lu, an economist with Merrill Lynch in Hong Kong, called local market reaction to the cuts "generally positive, but cautious...

Author: /time Magazine | Title: Asian Stocks Break Losing Streak | 10/9/2008 | See Source »

...good enough songwriter, and I hope that I am, and I nailed the feeling of divorce, it'd be a really depressing album. I know it's cool to be depressing, but there comes a point where you're just basically walking into someone's house and s___ting on their floor...

Author: /time Magazine | Title: Ben Folds | 9/29/2008 | See Source »

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