Business

$600 is a lot of money to spend on a “Maybe, someday!” career.Photo: Shinya Suzuki/FlickrThere’s a moment that every actor comes to dread: getting new headshots. It’s not only the expense that can be quite daunting — headshots usually run $300 and up per session — but also the whole process of choosing a photographer and posing for a couple of hours that will capture a look that one hopes represents his or her best, most marketable self.Headshots are an actor’s calling card...
They used to pay at least $50K. Right?Photo credit: Daniel Oines, CC BY 2.0.The most interesting thing about MarketWatch’s list of early-career jobs that pay at least $40K is that the number has now shifted to $40K.It used to be $50K.The 15 best jobs if you're under 25-and they pay at least $40kHere, I will prove it:50 Jobs over $50,000 - Without a Degree (Part 1)In 2013, Mr. Money Mustache made a list of 50 jobs that paid over $50,000 and didn’t require a college degree. I wrote a ...
Consider this chart, then your life and you tell me.Photo: barnyz/FlickrWorrying about whether or not you have achieved optimal success for the stage you are in your life is perfectly natural. Comparing oneself to others and their progress to their peers is fun until it’s not; lucky for you, there’s a chart that clearly lays out what you may have already achieved and what could possibly be in your future.Here are the ages you peak at everything throughout lifeThis chart is a combination of...
A senior Chinese banking official said Friday that the country would continue to encourage financial innovation while guarding against risks arising from it. "In the context of putting more emphasis on warding off financial risks, we should continue to vigorously promote financial innovation to enhance the competitiveness of the economy, financial sector and banking industry," Wang Zhaoxing, vice chairman of China Banking Regulatory Commission (CBRC), said at a forum. Wang said th...
My brain has forgotten how to want. It only knows a hierarchy of needs.Photo credit: Daniel Oines, CC BY 2.0.I turned 37 this past winter and, even though I am far too old for such things, my mom called me and asked, “What do you want for your birthday?” It was not a surprising question. She’s asked it every year, followed only a few weeks later by “What do you want for Christmas?” But it’s been years since I’ve had a quick or easy answer. “Let me think about it,” I told her...
Let’s go!Photo: Forsaken Fotos/FlickrHello, it’s Friday, though it feels like it was Friday sometime around Tuesday afternoon, if I’m being honest.This weekend I’m going to my dad’s house upstate to do a whole lot of nothing, so hopefully I won’t spend that much. The train ticket there and back will be around $32 total. Maybe I’ll buy something, like a book or some dinner or earrings($40 if anything), but mostly, I’ll sit on the couch and read and watch TV: heaven.When I get ba...
CHINA stocks rose on Friday as strong gains in the infrastructure sector offset concerns over tightening liquidity and fresh curbs on house buying. The benchmark Shanghai Composite Index rose 0.64 percent to 3,269.45 points and posted a 0.99 percent weekly gain. Port operators and infrastructure companies were among the gainers as the Belt and Road initiative continues to lure investors. China State Construction Engineering Corporation surged 7.55 percent and Jiangsu Lianyungang Port Co hik...
SINA’S microblogging site Weibo has launched an open platform to help key opinion leaders better connect with online vendors and service providers as it intends to help boost development in the online marketing ecosystem. “Third party service providers will have better capability in terms of data mining, business operation and promotion as well as digital content production and they can now provide integrated services for microbloggers at Weibo," said Weibo’s vice pres...
SHANGHAI-LISTED Aluminum Corporation of China, the nation’s largest aluminum producer, posted a profit growth of 170.82 percent in 2016 from a year ago thanks to its efforts to cut costs and rising aluminum prices. The company marked a second profitable year with net profit totaling 402.5 million yuan (US$58.5 million) and revenue rising 16.68 percent annually to 144.1 billion yuan, it said in its annual report last night. Over recent years, the company has been mocked as the “ki...
ASIA’S largest life insurer AIA Group yesterday launched a health management mobile application on China’s mainland to enhance disease prevention and offer incentives for policy holders. The move marks the mainland becomes the eighth market that incorporates health management into insurance services. The application tracks clients’ daily activity, and offers cash-back for achievements of the users. John Cai, CEO of AIA China, said the company invested a “considerable...
AXALTA, one of the largest car coating companies in the world, unveiled a report today that shows color preference of car buyers and the latest trending color. According to the report, different age groups demonstrate color preferences based on their lifestyles and aspirations. Young car buyers aged between 16 and 35 prefer bright colors such as red and yellow. Their decisions are easily influenced by social media and others’ opinions, the report said. People aged between 36 and 55 te...
GLOBAL index provider MSCI Inc has renewed its plan of including Chinese A shares into its global benchmark by cutting the number of component companies, according to a proposal document updated on the company’s website yesterday. By applying the updated proposal, the number of China A-shares to be included in the company's emerging market index would be reduced to 169, mainly large-cap firms, from 448 under last year’s proposal. The weight of Chinese A-shares would be about ...
Capital Mining (ASX: CMY) announced on Friday that the next phase of exploration at its Wolfhound lithium project in the Republic of Ireland will start immediately with the program testing areas that delivered high-grade assay results during the first phase field program. The Wolfhound project is located adjacent to International Lithium Corp’s (ILC) joint venture Avalonia lithium project with China’s largest lithium producer, Ganfeng Lithium. Management also noted today that due diligence o...
CHINA will push its Internet Plus national strategy into the industrial and agriculture sectors nationwide, especially in the underdeveloped western regions, a research center authorized by the Ministry of Commerce said yesterday. The next-step integration between information technology and various industries will deepen economic transformation and encourage innovation in sectors like energy and manufacturing. The integration between Internet and service sectors like e-commerce, mobile paym...
SHUI On Land Ltd, a developer famed for its Tiandi-series projects in several Chinese cities, said yesterday that it achieved record property sales last year. Contracted property sales climbed 7 percent annually to 22.98 billion yuan (US$3.3 billion) while turnover surged 172 percent from 2015 to 17.6 billion yuan last year, the Shanghai-based company said in a statement. Profit attributable to shareholders jumped 38 percent from a year earlier to 1.09 billion yuan last year. “The pa...
PING An Insurance Group intends to transform into an integrated finance business model that aims to sell a package of products and services to individuals as it reported the biggest net profit in over a decade. Asia’s second-largest insu­rance company by market value said its net profit rose 15 percent year on year to 62.4 billion yuan (US$9.06 billion) last year, the biggest annual profit since 2003, Ping An said in its annual statement yesterday. Although in line with market exp...
CHINA’S offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its core oil and gas business tumbling 17 percent last year, but it expects to raise output in 2017 as oil prices rebound. CNOOC yesterday reported a net profit of 637 million yuan (US$92.5 million) in 2016, down nearly 97 percent from 20.2 billion yuan in profit in 2015. Total revenue from oil and gas fell to 121 billion yuan from 147 billion yuan in 2015. “C...
AVIATION Industry Corp of China yesterday signed an agreement with CRRC Corp, the country’s largest rolling stock manufacturer, to boost collaboration on technology upgrading, equipment use and market development. The two giants will “synergize in innovation and product development, which helps enhance efficiency,” the agreement said.
THE Executive Center, the second-largest serviced office provider in Asia-Pacific, expects to double its portfolio in China within the next four years amid robust market demand. By 2020, TEC will operate more than 100 premium serviced offices in the country, up from 53 now, Paul Salnikow, chairman and chief executive officer of TEC, told Shanghai Daily yesterday in an exclusive interview. Revenue from its China business touched 1.16 billion yuan (US$169 million) last year.  
GERMAN chemicals producer Lanxess said yesterday that sales in China rose 6.5 percent to US$1.1 billion last year from a year ago as it tapped growth in the country’s automobile and property sectors. China contributed 13 percent to the company’s global sales of 7.7 billion euros (US$8.3 billion) last year, with “tires, plastics for cars and car and building paints selling well in this country,” said Qian Mingcheng, Lanxess’ CEO for China. The company expects stab...