China

Dividends paid by listed companies around the world passed $1 trillion for the first time last year, we learn from a report by Henderson Global Investors. The total is 43 per cent higher than it was in 2009, and a breakdown shows that US companies account for about a third of all dividends paid, while European companies have been relatively poor providers of investment income. The UK, representing about a tenth of the global total, offered 39 per cent dividend growth over the period. So what, you might ask: why is a bigger bundle of global dividends a good thing? In Britain, the whole notion of dividend income for those wealthy

I am a banana. In Singapore, where I used to live, this needs no explanation — it means I’m yellow on the outside but white on the inside, someone who looks ethnically Chinese but whose way of thinking is ‘western’. There are bananas all over Asia, and I daresay the world. We are better versed in Shakespeare than Confucius, our Mandarin is appalling, and we often have pretentious Anglo or American accents. Then there are people who are ‘ching-chong’, a reference to anyone who enjoys the kitschy bling of stereotypically Chinese things, sans irony — they like paving their entire garden with cement, for example, or driving a huge Mercedes,

When it emerged that there was horsemeat in cheap burgers, some people thought it might spark a revolution in the British meat industry. Now that the public are more aware of the ins and outs of it all – the complicated and murky supply chains, the potential drug contamination, the images of badly-wrapped frozen meat – perhaps cheap meat would lose its attraction. But it doesn’t seem to have done so. Despite the stories about sales of game meat soaring and of people going back to basics and cooking from scratch, sales of processed meats such as sausages and burgers are still booming – both in the UK and abroad.

Home George Osborne, the Chancellor of the Exchequer, said that average energy bills would be brought £50 lower through government intervention to reduce the obligation of energy companies to subsidise insulation. The government also said it would cut subsidies for onshore wind turbines and solar energy, and increase those for offshore wind farms. David Cameron, the Prime Minister, said that new arrivals from Bulgaria or Romania found to be begging or sleeping rough would be thrown out of the country and barred from returning for a year, unless they had a job. He then flew to China to further British trade. A bridge across the Thames from Temple to the

The Church of England is doomed, Lord Carey has said, warning that Anglicanism is just ‘one generation away from extinction’. To be fair people have been saying this for a long time; in the mid-19th century the Church decided to make a survey of churchgoing, and were stunned to find out that only a quarter of people in England attended Anglican services and a similar number to non-Conformist services. Half the population wasn’t going at all. Now you’d be lucky to get that many at Christmas. The Church faces the same problem as all churches, namely that religious belief continues to decline across Europe, and that those religions that do

I was on the Daily Politics earlier, discussing the Guardian / Snowden leaks and debating against a representative from the campaign group ‘Liberty’. The ‘Liberty’ representative kept saying what a lot of apologists for the actions of the Guardian (now including Vince Cable) have been saying – that Snowden and the Guardian should in some way be respected because they have started ‘a debate’. They appear incapable of realising that while such leaks may be simply fascinating to them, they are infinitely more fascinating to the Kremlin, Chinese Communist Party, al-Shabaab et al. One other thought. Does anyone know why, if a journalist or editor can be arrested and tried