Roberto Abraham Scaruffi

Online Journal E-Mail Center

June 15, 2011 -- 6:00 a.m. GMT+08:00

Visit WSJ.com at U.S. | EUROPE | ASIA News by section: Front Section | | Opinion | Front Section | | Front Section |   FRONT SECTION 1 Nine Dragons Shares Hit as S&P Pulls Rating Shares of a Hong Kong-listed packaging manufacturer controlled by one of China's richest entrepreneurs plunged after Standard & Poor's made the unusual decision to withdraw its long-term corporate credit rating for the company's debt, citing "insufficient access" to management. Chinese Police Restore Order to Restive Town The deployment of thousands of riot police appeared to have calmed a southern Chinese town after days of rioting. • Wave of Unrest Rocks China Japanese Nuclear Cleanup Workers Detail Lax Safety Practices at Plant A rare, detailed description of labor practices at Fukushima Daiichi reveals the extent of worker-safety concerns. 2 • What's News—   3 • Mongolian Premier Looks to Advance Deals With China • Finance Ministers Weigh New Aid for Greece   4 • China Raises Bank Reserve Requirements • Kan Orders New Relief Budget • Bank of Japan Expands Lending Program   6 • China Warns Against Meddling in Sea Disputes • India Inflation Accelerated in May   7 • Autos Pull Retail Sales Lower • Iraqi Forces Quash Deadly Assault on Town   8 • Egypt Opposes U.S.'s Democracy Funding • OECD Sees 'Mild' Slowing   FRONT SECTION 15 Japan Proposes Tepco Aid Package, With Fight Likely Japan proposed creating a financial safety net for beleaguered Tokyo Electric Power to help it pay claims that could total more than $100 billion stemming from its damaged nuclear power plant—a proposal that drew support from investors but could face tough odds in Japan's deadlocked parliament.   FRONT SECTION 20 B-Schools Embrace China Western schools are capitalizing on Chinese demand for well-trained managers. And their China programs are also paying dividends at home. Good Prognosis for Health Business schools are jumping into the sprawling health-care industry, a sector that is among the world's largest, arguing that good management is a key part of good medicine. 21 • Training in the Dark View the latest What's News Online Past Editions of In Today's Paper 9 PERSONAL TECHNOLOGY A Launchpad for Watching TV, Movies on the iPad Watching movies and TV shows on an iPad is a pleasure, writes Walt Mossberg, but figuring out which app offers which film or show isn't. Fanhattan aims to be a navigator. • Video: Walt Mossberg Reviews Fanhattan Curate Your Clips Three tools to transform your iPad into a personalized web-video machine. 10 • A Picture Is Worth 1,000 Calories • Putting Rock Stars on the Wall   OPINION 11 Somali Terror Victory Al Qaeda loses a key operative in Africa, but the war is far from won. Even the U.N. Hates Ethanol Another reason to end taxpayer subsidies for biofuels. The FCC's Good Deed A new report says government shouldn't subsidize local news. 12 OPINION • GLOBAL VIEW: Don't Bank on Beirut • The Return of the Population Bomb   13 OPINION • An Immigration Stimulus for Japan •  CLIFFORD S. ASNESS: Uncertainty Is Not the Problem   17 Honda Expects Profit to Plunge The stubbornly strong yen and production disruptions after the March 11 earthquake will slash Honda's profit by more than half this fiscal year, putting the brakes on a solid recovery in recent years. Lee Is Dealt Bank Setback One of President Lee Myung-bak's signature goals, privatizing two of South Korea's largest banks, neared collapse when regulators disallowed KDB Financial Group from bidding for controlling stake in Woori Finance Holdings Co. Everbright Lowers Target for Hong Kong IPO China Everbright Bank is set to raise around $6 billion from its Hong Kong IPO—lower than its original target—ahead of a share listing July 15, in what is likely to be one of the biggest IPOs in the city this year. 18 • Nokia, Apple Settle Patent Litigation • Graham Packaging Drops Silgan Deal for New Offer • Google Applies for Online Map License in China • Corrections & Amplifications   19 • Glencore's Results Disappoint   22 Sticking With It on China Short sellers are deriding them. Regulators are investigating them. Some companies themselves have admitted accounting errors. What is Peter Siris doing with Chinese stocks? Buying. • News Hub Video: Going 'All In' on China • Deal Journal: Is This the China Bubble Bursting? • SEC Moves on 2 China Firms SEC Moves on 2 China Firms The Securities and Exchange Commission has instituted proceedings to determine whether orders should be issued to suspend share-registration statements filed by two Chinese companies. 23 • TCS Plans to Hire Over 1,200 Americans This Year • Sino-Forest Posts Loss; Allegations to Hurt Short-Term Business • Taiwan Agency Concerned About Yageo-KKR Deal   24 • Japan IPOs Make Tepid Comeback • Singapore Unveils Corporate Governance Proposals   25 • L.A. Mansion for U.K. Heiress   26 • Stocks Notch Broad Gains • Asian Markets Cheered by Chinese Data   27 • Treasurys Fall on Economic Data • China Spillover: Japan's Yields Rise • CURRENCY TRADING: Euro Makes Broad Gains on Data   32 • HEARD ON THE STREET: Samsonite Packs a Punch in Hong Kong • HEARD ON THE STREET: Test of Nerve on China's Inflation • HEARD ON THE STREET: Luxury's Battle of the Handbags Follow WSJ on Facebook and Twitter.