Temasek to invest more in China's consumer sectors

Singapore's state-owned investment firm Temasek Holdings Pte Ltd is optimistic about the world's second biggest economy and it plans to bet more on consumer-related sectors in China, two of its leading executives said.

IN BRIEF (Page 6)

Iron and steel sector profit set to soar

China's ferrous metal industry is set to post a strong performance in the first half of the year on the back of government measures to cut overcapacity and optimize the industry's structure, experts said.

Coal capacity targets well on track

China is on track to meet its target to cut coal production capacity this year - and would likely top the goal - with further reductions expected in the second half, according to a leading expert on the sector.

Fund-rich HK online brokerage thinks big

Startup Tiger Brokers, an online stock brokerage based in Hong Kong, has said it will use its latest round of financing to bolster its technical strength and products.

Law has to seek truth in US kidnap case

A US federal grand jury indicted Brendt Christensen on a count of kidnapping on Wednesday in connection with the disappearance of Zhang Yingying, a 26-year-old Chinese research student at the University of Illinois, and who was last seen at its Urbana-Champaign campus on June 9.

Naval base a boon to world

Ships carrying People's Liberation Army naval personnel assigned to the Djibouti Logistics Support Base departed from a naval port in Zhanjiang, South China's Guangdong province, on Tuesday.

Governors summoned to ministry should get stain on their records

ON MONDAY, the Ministry of Environmental Protection summoned the governors of Siping and Gongzhuling in Northeast China's Jilin province, Hengshui in North China's Hebei province, Zibo in Shandong province, Xingyang in Henan province and Jingdezhen in Jiangxi province, and the High-Tech District of Changzhi in North China's Shanxi province for explanations for the worsening condition of the local environment and their poor handling of air pollution. Southern Metropolis Daily comments:

Subsidies need discretion, not fanfares

A TARGETED SUBSIDY PROGRAM, developed 13 years ago by the University of Science and Technology of China in Hefei, East China's Anhui province, has unobtrusively helped more than 40,000 students in need of financial assistance with a total of 6 million yuan ($900,000) as of now. Thepaper.cn commented on Thursday:

Student broke the law by putting his name on the map

GE YULU, a student in Beijing, found a road without an official nameplate in the metropolis in 2013. He then made one bearing the name "Geyu Road", which looked exactly like an official one, and put it up. One year later, several domestic navigation companies had adopted the name in their maps. Beijing News comments:

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India must end standoff for its own good

The dispatching of Chinese troops to a logistics support base in Djibouti on Tuesday, the first of its kind for the People's Liberation Army, to take up international missions such as peacekeeping and humanitarian aid, has been misinterpreted by some Western media outlets as China's efforts to strengthen its presence in the Indian Ocean and therefore challenge India's influence in the region.