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At Cannes, shock movie tests China's boundaries CANNES: Disgusted by corrupt local leaders, an angry miner picks up a shotgun. A migrant worker returning home looks to armed robbery to escape a life of relentless bleakness. A pretty receptionist at a sauna is driven to the limit when a gangster tries to rape her. And a young man drifts nightmarishly from job to job to try to make ends meet.These tableaux would not be out of place in a gritty European art-house movie, but at the Cannes Film Festival, they feature in one of the boldest works to emerge from China in years.The only Chinese contestant in the running for this year's Palme d'Or, "A Touch of Sin" (Tian Zhu Ding) reaped enthusiastic applause at a press screening on Thursday.It portrays China in the throes of brutal change -- a damaged society where corrupt officials, petty criminals and greedy bosses from Hong Kong and Taiwan hold sway.Living ...


Behind the scenes at the Cannes Film Festival CANNES: Behind the scenes at the May 15-26 Cannes Film Festival:PUMP UP THE BASS: France's top female chef led the spread for festival jury boss Steven Spielberg, Leonardo DiCaprio, Nicole Kidman and 600 other glitterati at a gala bash on Wednesday.Anne-Sophie Pic, the only woman in France to be awarded the maximum three Michelin stars, teamed up with two-star Bruno Oger for an offering of sea bass with rhubarb, preceded by a crab-and-prawn starter and ...

Bollywood star due in jail over weapons case MUMBAI: Bollywood star Sanjay Dutt was set to return to jail Thursday to serve the remaining three-and-a-half years of his sentence for possessing illegal weapons, in a case linked to deadly bomb blasts in Mumbai 20 years ago.The popular 53-year-old actor must surrender to authorities after India's top court dismissed a last-ditch plea for more time earlier this week.Dutt was convicted in 2006 of possessing guns supplied by gangsters behind the 1993 bomb attacks that ...

Christie's art auction sells nearly half billion dollars NEW YORK: A blockbuster auction of Contemporary art in New York, including a record $58.4 million for a Jackson Pollock drip painting, fetched nearly half a billion dollars on Wednesday -- the biggest haul ever at an art auction.Christie's said its sale raised a "staggering" total of $495,021,500, with 94 percent of lots finding buyers. Nine of the works sold went for more than $10 million and 23 for more than $5 million.It wasn't just ...

Google debuts music service for mobile gadgets SAN FRANCISCO: Google on Wednesday rolled out a music service for smartphones and tablets powered by its free Android software, in a challenge to streaming radio firms such as Pandora and Spotify.The launch of Google Play All Access came at the kickoff of a packed developers conference, which features a range of improvements to the Internet giant's products, and saw a surprise appearance by chief executive Larry Page."We are here because we share a deep ...


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln