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...imports of crude oil hit a 12-month high. The binge is being fueled in part by optimism that Beijing's $565 billion stimulus program will drive a turnaround in the sagging economy. "After a brief pause, China's appetite for natural resources has returned to buoyant levels," Jing Ulrich, chairman of China equities at J.P. Morgan in Hong Kong, wrote in a report this month...

Author: /time Magazine | Title: What's Driving the Bull Market in Commodities? | 4/25/2009 | See Source »

...This is probably the biggest terrorist trial in Germany this year," Ulrich Egger, spokesman for the Higher Regional Court in Dusseldorf, tells TIME. "The defendants are accused of planning a huge attack using explosives which would have been equivalent to 400 kilos...

Author: /time Magazine | Title: Four on Trial in German Terrorism Case | 4/21/2009 | See Source »

...Except, that is, in China. Some economists and investors have turned mildly bullish on the Chinese economy. A February survey conducted by Merrill Lynch saw the number of fund managers who believed China's growth would be lower in the next 12 months shrink drastically. Jing Ulrich, chairman of China securities at JPMorgan in Hong Kong, noted after client meetings that "attitudes toward China's efforts to counter the economic slump seem to have turned more positive." The happy mood also showed up in Chinese stocks. By mid-February, the Shanghai stock market had surged more than 30% since...

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

...Working with Eleanor Whitman (Naomi Watts), an assistant D.A. who's been sleuthing the IBBC case from the New York City end, Salinger tries to corral the bank's CEO, Jonas Skarssen (Ulrich Thomsen), a dimpled smoothy who woos rebel chiefs on three continents with arms shipments for their would-be revolutions. Osama bin Laden needn't have buttonholed his Saudi relatives for al-Qaeda cash; he could have gone to Skarssen. As the banker tells an African insurgent, "The real value of a conflict, the true value, is the debt it creates." Hearing the outlines of this conspiracy, today...

Author: /time Magazine | Title: The International: The Banker As Bad Guy | 2/12/2009 | See Source »

...sudden plunge in exports has taken its toll on China's industrial heartland - southern Guangdong province. Jing Ulrich, chairman of China equities at JP Morgan in Hong Kong, believes some 60,000 businesses closed in the region, and the government estimates about 10 million migrant workers are unemployed. The downturn has put "huge stress on the job market," says Credit Suisse economist Dong Tao, which "could cause some social unrest. That's my worry...

Author: /time Magazine | Title: China's GDP Slows to Seven-Year Low | 1/22/2009 | See Source »

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