31 Aug '11, 6am

China accounting scandals may hurt overseas IPOs: SHANGHAI - Sino-Forest Corp., the latest foreign-listed Chines...

SHANGHAI - Sino-Forest Corp., the latest foreign-listed Chinese company that is accused of dodgy accounting, has hurt the reputation of the country's firms and made it harder for them to list overseas, analysts say. The Toronto-listed company, which operates forest plantations in China, is under investigation by Canadian regulators over allegations it misstated its revenue and exaggerated its timber holdings. Its founder has resigned and its shares, which have plunged about 60 percent since the scandal broke in early June, have been suspended from trading. The problems at Sino-Forest are the latest in a series of accounting scandals involving Chinese firms listed in the United States and elsewhere, which have sparked falling stock prices, trading halts and investigations. "The Sino-Forest scandal and a whole series of other scandals before it has created an atmosphere in w...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

LOL Interview! Do watch! :D

video.xin.msn.com 31 Aug '11, 6am

According to the United Nation, extreme poverty is defined as living on less than US$1 a day. There is currently 1.2 billi...

WWW.AUDREYLIM.COM: A little sparkle won't hurt.

WWW.AUDREYLIM.COM: A little sparkle won't hurt.

audreylim.com 05 Sep '11, 4pm

we actually have thefaceshop over here but I never saw this, I'm going to stop by and see if they have some because it loo...

PE: Counting of overseas votes completed #sgelections #sgpresident

PE: Counting of overseas votes completed #sgele...

channelnewsasia.com 31 Aug '11, 9am

SINGAPORE: The Elections Department said the counting of the overseas votes for the Presidential Election has been complet...

Is China backing away from electric vehicles?

greencarreports.com 31 Aug '11, 1pm

When the Buick LaCrosse eAssist and Chevy Volt become available in China within the next several months, we will finally k...

International Hotels To Standardize Carbon Acco...

sustainablebusiness.com 31 Aug '11, 11am

A group of international hotels is collaborating on a groundbreaking initiative to standardize carbon accounting in the ho...

Singapore businessman accused of $4.5 million casino scam found dead in China

Singapore businessman accused of $4.5 million c...

straitstimes.com 31 Aug '11, 2am

Before he left Singapore about six years ago, Loo (seen here in a 2001 photo) was well known in horse-racing circles here ...