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Daily Archives: August 5, 2012

Sun Yang wins 1500 free with world record

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August 5, 2012

LONDON (AP) — Sun Yang of China broke his own world record to win the men’s 1,500-meter freestyle at the London Olympics on Saturday. Sun clocked 14:31.02 seconds in the marathon-like race, slicing 3.12 seconds off his mark from last year’s world championships in Shanghai. Ryan Cochrane of Canada touched in 14:39.63 to take...
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Zhejiang Geely among Fortune Global 500

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August 5, 2012

On July 9, the Fortune Global 500 of 2012 was released (annual ranking of the top 500 corporations worldwide as measured by revenue). Zhejiang Geely Holding Group, with revenue of USD 23.3557 billion earned in 2011, is included in the list and ranks the position of 475. The first three names of this year’s...
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World’s biggest eco-toilet scheme fails

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August 5, 2012

The large banner at the front gate of what used to be called Daxing Ecological Community has been changed to read “Civilized City”. A showroom by the nearby supermarket is locked up and empty while a little further away, near a scenic lake, lies a rubbish dump of dry toilets, piles of blue excrement...
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Flood disrupts railway services

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August 5, 2012

BEIJING — A total of 21 trains have been canceled for services and nearly 5,000 passengers are still being stranded in northeast China’s Heilongjiang province after torrential rains triggered by Typhoon Damrey swept across the area. The Railway Bureau of Harbin said as of 9:00 p.m. Saturday, they have refunded the money spent on...
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Chinese city kills project after pollution protest

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August 5, 2012

Qidong, China • Authorities in eastern China dropped plans for a waste water discharge project Saturday after thousands of protesters angry about pollution took to the streets. It was the latest of many such confrontations in a country where three decades of rapid economic expansion have come at an environmental price. Some of the...
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Hong Kong government criticized over plastic spill on beaches

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August 5, 2012

HONG KONG (Reuters) – Hundreds of millions of potentially toxic plastic pellets from shipping containers knocked off a vessel during Hong Kong’s worst typhoon in 13 years have washed up on its beaches where they lay for more than a week, activists say. The Hong Kong government estimated that 150 metric tons (165 tons)...
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Bank of Taiwan Chairman Burnishes Bid to Clear Yuan Transactions

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August 5, 2012

Bank of Taiwan’s role in implementing government policy bolsters its case to be the island’s first lender allowed to clear transactions in yuan, Chairman Liu Teng- cheng said in an interview. The central banks of Taiwan and China are discussing an agreement that would allow settlement of transactions on the island in the Chinese...
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‘Linsanity’ sweeps Taiwan

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August 5, 2012

TAIPEI — American basketball star Jeremy Lin was mobbed by fans in Taiwan on Saturday during his first visit to the island since a hot streak earned him a global following known as “Linsanity”. More than a thousand fans, some waving placards reading “Linsanity” and “Can you sign my jersey” thronged a shopping district...
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Taiwan grabs first win in 2012 Bronco League World Series

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August 5, 2012

Los Angeles (CNA) Taiwan bagged its first victory of the 2012 Pony Baseball Bronco League World Series in Monterey, California Friday, defeating Mocchis from the Mexican city of Sinaloa 6-1. In the first inning, the Taiwanese team, made up of students from elementary students in Taitung County, scored the first point with a double...
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US chip-design software firm to buy Taiwan’s Springsoft for $406 mn

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August 5, 2012

US chip-design software firm Synopsys Inc yesterday agreed to buy Taiwan’s IC design software supplier Springsoft Inc for $406 million, in order to expand its presence in leading Asian, European and the US semiconductor markets. Mountain View, California-based Synopsys will pay NT$57 ($1.90) per share in cash, valuing Springsoft at NT$12.2 billion ($406 million)...
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China Local News

Taiwanese team slams Philippines as capricious

A Taiwan investigation team that was sent to Manila to probe the fatal shooting of a Taiwanese fisherman by Philippine coast guard returned to...
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China joins e-tail superhighway

Expanding: Photo: Bloomberg When you think about centres of technological innovation, Silicon Valley, Seattle and Seoul are probably the first places that come to...
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