Issue: June 07, 2011   (Archive)
Wednesday, July 1, 2015   

Pension funds in stocks boost bid
One trillion yuan (HK$1.24 trillion) could potentially enter China's burgeoning stock markets after Beijing took steps last night to allow domestic pension funds to directly invest in local equities.

Girl dies after support switched off
The first death from the Taipei water park blaze has been identified as 20-year-old Lee Pei-yun, who was taken off life support yesterday afternoon at Chung Shan Medical University Hospital in Taichung.

Pair flown as student fights for life
As one Hong Kong student fights for her life two days after Taiwan's water park inferno, another two were flown to Hong Kong and Shanghai yesterday for treatment of their burns.

Fire-danger fears rule on event permits
Organizers of July 25's Life in Color event "The World's Largest Paint Party" in Hong Kong will use only liquid coloring but must still have additional safety measures in place.

Zhang promises to shut up on reform
Central government liaison office director Zhang Xiaoming says he'll "shut up" about reform and called on people to focus on economic and social issues instead of wasting effort in endless political quarrels.

China has veto in Asia bank
China will hold more than a quarter of the votes in the new Asian Infrastructure Investment Bank, its finance ministry said yesterday, giving it a veto in some key decisions despite Beijing insisting it will not have such powers.

Greece in crisis as banks shut on failure of talks
Stunned Greeks faced shuttered banks, long supermarket lines and overwhelming uncertainty yesterday as a breakdown in talks between Athens and its international creditors plunged the country deep into crisis.

Probe looks for flame that ignited the dust
The dust explosion that injured several hundred people at the New Taipei water park may have been ignited on the west wing of the stage, deputy mayor Hou Youyi revealed yesterday.

Concern rises over AsiaWorld events
The decision to use colored powder or paints at two mega events to be held at AsiaWorld-Expo has raised public concern in the wake of the Taiwan park explosion.

'Her face has been destroyed. You must help'
Witnesses described the scene at a Taiwan water park as "hell" after a ball of fire ripped through a crowd.

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