Archive for May, 2010


Swire, Citic, Cathay sell 40% stake in Hong Kong air cargo terminal operator for 328 mln USD

May 28th, 2010

HK-listed Swire Pacific, Citic Pacific and Cathay Pacific said Tuesday they had agreed to sell 40 percent stake in a Hong Kong air cargo terminal operator for 2.56 billion HK dollars (328 million U.S. dollars).

In a joint statement filed to the Hong Kong stock exchange, the three companies said the buyers were four companies, namely Jardine Matheson, Hutchison Whampoa, Wharf and China National Aviation Corp, which are all current shareholders of the air cargo terminal operator.

Of the 40 percent, Swire Pacific will sell its 20 percent stake for 1.28 billion HK dollars, while Citic and Cathay contribute 10 percent for 640 billion HK dollars, respectively.

With the sale, Swire will book a profit of 826 million HK dollars. Citic will book about 413 million HK dollars while Cathay will realize a profit of 329 million HK dollars.

After the selling, Swire, Citic, Cathay won’t have any interest in the terminal operator. (1 U.S. dollar equals to 7.8 HK dollars)

No benefits to organic?

May 28th, 2010

There isn’t much evidence to support the direct health benefits of crops grown without pesticides and synthetic fertilizers, says a research review

Consumers who opt for organic foods often believe they are improving their health, but there is currently no strong evidence that organics bring nutrition-related health benefits, a new research review finds.

A “disappointingly small” number of well-designed studies have looked at whether organic foods may have health benefits beyond their conventional counterparts, according to the review, by researchers with the London School of Hygiene and Tropical Medicine in the United Kingdom.

Moreover, they found, the studies that have been done largely focused on the short-term effects of organic eating – mainly antioxidant activity in the body – rather than longer-term health outcomes. And most of the antioxidant studies failed to find differences between organic and conventional diets.

The review, published in the American Journal of Clinical Nutrition, adds to findings reported last year by the same research team.

In that study, the researchers combed through 162 articles published in the scientific literature over the past 50 years, and found no evidence that organic and conventional foods differ significantly in their nutrient content.

For the current review, the researchers were able to find only 12 published studies that met their criteria for evaluating the health effects of organic foods.

“A surprising and important finding of this review is the extremely limited nature of the evidence base on this subject, both in terms of the number and quality of studies,” write Dr Alan D. Dangour and his colleagues.

Research in the area does appear to be increasing, Dangour’s team notes; four of the 12 studies they reviewed were published in 2008 or 2009.

But in the future, the researchers add, studies – both in humans and animals – need to be better designed. Of the 12 studies the researchers identified, six were short-term clinical trials that looked at whether specific organic foods changed markers of antioxidant activity in participants’ blood. Those trials showed no strong evidence that organic eating boosted antioxidant activity, but the studies were also very limited in scope: they were small – with the largest including 43 men – and lasted no longer than a few weeks.

Out of the other six studies, one found an association between organic foods and a lower risk of the allergic skin condition eczema among nearly 2,800 Dutch children age 2 or younger.

In that study, parents were surveyed several times about their children’s diet and any episodes of eczema over the first two years of life. Researchers found that children who consumed strictly organic dairy products showed a lower risk of eczema than those who consumed conventional dairy foods.

However, the study had several key limitations, including its reliance on parents’ reports of eczema. And the basic design of the study did not allow for any conclusions about whether children’s consumption of organic dairy was the reason for the lower eczema risk.

While questions remain as to whether organic foods have any extra nutritional value, people buy organic for a number of other reasons as well.

Organic foods are made without the use of conventional pesticides, synthetic fertilizers, antibiotics or hormones – which could potentially reap benefits for people’s health and the environment.

The current review, Dangour and his colleagues point out, did not look for studies on the possible health benefits of reduced exposure to those substances. Nor did it address the environmental impact of organic food production.

clothing popular trend

May 13th, 2010

Fabric from the world of consumer point of view, the current      consumption of chemical fiber people are far greater than the proportion of natural fibers, because the production of natural fibers by land constraints. However, with the development of scientific and technological level in recent years, improved natural fibers more and more people’s affection.

 In addition to the traditional linen fabric, some of the new type of environmentally friendly fiber is consistent with “eco”, “fashion” requirements. The so-called environmentally friendly production process refers to the environmental pollution, no damage. Emerged in recent years corn fiber, bamboo fiber and milk fiber is the main representative of。

   In recent years, women’s brand clothing from the popular trend, consumption will be personality-oriented, leisure-oriented, diversified, fashion and branded transition. Especially a certain economic base and a certain consumer-bit consumers, they are more inclined to Zhang Yang, youth, relaxation, sexy, casual, simple style, independence, respect for freedom and liberation was their overall temperament. Therefore, the period of time the consumer market will be the existence of two trends: one is located in high-end sales of international brands will be increased; the other one is medium and low consumption will start to gradually shift to the mid-range consumer.

     From the Fashion Week in 2009 terms, the overall fold, Qingbotouming and simple. Lightness yarn, silk fabrics tend to high-light fabric. Rich colors, in addition to black and white ash and other non-color system, blue and yellow tone, the red line also demonstrated its unique charm.

2008 economic crisis

May 13th, 2010

Fear and loathing is spreading as signs mount that the economy is in danger of losing its balance. Industrial production is expected to have dropped in the third quarter, underscoring the plight of troubled auto makers as well as manufacturers of furniture, construction materials and other goods that have been hard hit by the collapse of the housing market. Stabilization of the financial markets is a critical first step, but even if they stabilize as we hope they will, broader economic recovery will not happen right away,” Ben Bernanke, Fed Chairman, told the Economic Club of New York. Leaders of the world’s top economic powers, the G8, said they would meet “in the near future” for a global summit to tackle the financial crisis. The group comprises the United States, Japan, Germany, France, Britain, Italy, Canada and Russia. The current financial crisis began more than a year ago in the United States when lax lending standards on certain home mortgages came home to roost. Foreclosures skyrocketed, mortgage securities soured and financial companies racked up huge losses.

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