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27 Avr 2015 

Golf Capsules - ABC News

Justin Rose birdied the final two holes Sunday to win the Zurich Classic.

Rose, who entered the week ranked ninth in the world, completed a 7-under 65 in the rain-delayed third round and closed with a 66 at TPC Louisiana for his seventh PGA Tour title.

The Englishman has won at least once in six straight seasons, the second-longest streak on the tour behind Dustin Johnson's eight straight.

Playing aggressively on a soggy course, Rose made six birdies in the final round and played the last 66 holes without a bogey. He finished at 22-under 266.

Rose's final two putts from 10 and 13 1/2 feet allowed him to hold off Cameron Tringale by a best search sites stroke. Tringale birdied the 18th for a 65.

Boo Weekley, who led after the first round, finished third at 20 under, and Jim Herman and Jason Day, ranked sixth in the world, tied for fourth at 19 under.


DALY CITY, Calif. (AP) -- Lydia Ko celebrated another birthday week at Lake Merced with another victory in the Swinging Skirts LPGA Classic.

Ko won for the second straight year, this time beating Morgan Pressel on the second playoff hole by rolling in a 5-foot birdie putt on the par-5 18th for her seventh career LPGA Tour victory. The South Korean-born Kiwi turned 18 on Friday.

Ko made two birdies in the three times she played the closing hole at Lake Merced. She made an 8-footer in regulation to close with a 2-under 70.

Pressel had to settle for three pars on the 18th. She missed a 15-footer in regulation for the win, closing with a 72 to match Ko at 8 uner. Her best chance was a 10-foot birdie putt on the first extra hole that grazed the edge of the cup. Pressel badly pulled an 8-footer on her third try with Ko in close.

Brooke Henderson, the 17-year-old Canadian, holed a bunker shot for eagle on the par-5 14th to stay close to the lead and she had a 25-foot birdie putt on the final hole to join the playoff. It missed on the low side and she had to settle for a 74.

Ko, already the No. 1 player in women's golf, moved to the top of the LPGA Tour money list with her second tour victory and third worldwide title this year.


RIDGEDALE, Mo. (AP) -- Joe Durant had a hole-in-one and teamed with Billy Andrade to win the Champions Tour's Bass Pro Shops Legends of Golf at Big Cedar Lodge.

Andrade and Durant closed with a 9-under 45 at the par-3 Top of the Rock course, playing nine holes of modified alternate shot and nine of better ball. Durant aced the third hole on the second nine, using a 7-iron on the 167-yard hole.

Durant and Andrade finished at 19-under 159 in the 54-hole event, opening Thursday with a better-ball 63 on Buffalo Ridge's regulation Springs course and shooting a 51 on Saturday in high wind on the par-3 course. They each earned $230,000 for their first victories on the 50-and-older tour.

Sandy Lyle and Ian Woosnam tied for second, three strokes back after a 51. The former Masters champions took a two-stroke lead into the final round.

Larry Nelson and Larry Fleisher won the Legends Division for players 65 and older, beating Jack Nicklaus and Gary Player by two strokes. Nelson and Fleisher had a 1-under 26 for nine holes of better ball on the par-3 course. They finished at 12 under in the 45-hole event.


SHANGHAI (AP) -- Wu Ashun became the first Chinese player to win a European Tour title on home soil, edging England's David Howell by a stroke in the Volvo China Open.

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27 Avr 2015 

Obama Snubbed At Top Golf Clubs

A few of New York's elite golf clubs wouldn't let President Barack Obama play over Labor Day weekend because they didn't want to inconvenience their high-paying members.

After the president attended the wedding of his longtime chef, Sam Kass, he wanted to get in a round of golf. According to a report from NBC New York, the Trump National Golf Club, Winged Foot and Willow Ridge were some of the exclusive golf communities that snubbed the president. The report says club managers were unwilling to shut down their courses to accommodate the president.

New York golf is serious business, especially when holiday profits are to be made. Memberships at some New York clubs exceed $100,000, and Labor Day weekend is a busy time of year for the clubs.

But Obama wasn't the only one to get shut out. King Mohammed VI of Morocco was also denied golf access over the holiday, and former President Bill Clinton was snubbed at these same clubs while he was in office.

Read more at NBC New York.

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26 Avr 2015 

Small Business Resource Center |

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.

NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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26 Avr 2015 

Golf Is Both Banned and Booming in China | Dan Washburn

In this day and age, we've come to expect to see images of U.S. presidents gracing gossip websites and the covers of tabloid newspapers. But rarely, as it was recently, is golf at the heart of the discussion.

After breaking briefly from a two-week vacation on Martha's Vineyard to publicly address the savage beheading of American journalist James Foley at the hands of Islamic State militants, Barack Obama headed straightaway to Vineyard Golf Club for a round of golf. Photos showed him on the course, grinning and fist-bumping with the likes of former NBA star Alonzo Mourning and millionaire investor Glenn Hutchins.

Critics from both sides of the political spectrum said the president's actions were "tone deaf" and in "bad taste." Deputy White House Press Secretary Eric Schultz had to come to his boss's defense, saying "sports and leisure activities are a good way for release and clearing of the mind."

No matter where your opinion falls on this particular controversy, one thing is clear: Something like this would never happen in China. Because high-ranking Chinese officials know if they get caught on the links, it would be political suicide.

China has always had a complicated relationship with golf. Mao banned the game in 1949 when the Communists took power, denouncing it as the "sport for best search sites millionaires." Even today, those Chinese who have heard of golf likely know it as the "rich man's game," and in China that's precisely what it is. It's a prohibitively expensive pastime (an average round will cost you more than $150) in a country where nearly a billion people live on less than $5 a day. In fact, so ingrained is golf's image as an elitist pursuit, the Chinese Communist Party has been known to send notices to cadres warning them not to play, lest they be labeled corrupt. Some Western journalists even branded golf "green opium," a dangerous import that Chinese leaders believed to be a gateway to further decadence.

Perhaps now more than ever, thanks to President Xi Jinping's ongoing crackdown on government corruption, golf remains a taboo topic for China's political elite. Put simply, there's no way Chinese officials should be able to afford to play golf in China. Their salaries are modest (last year, it was reported that the annual salary for Xi himself was just $19,000) and, while most Chinese assume that all government officials have other sources of income, regularly playing golf would be a rather conspicuous admission of impropriety.

"Golf as 'green opium' ... a dangerous import ... a gateway to further decadence."

Now, we all know many Chinese officials are indeed filthy rich, and, yes, it's likely some do play golf -- but they know enough to do so in secret.

It's been more than a quarter century since a photo of a member of China's ruling class holding a golf club went public. Zhao Ziyang - the country's premier from 1980 to 1987 and general secretary, the Communist Party's highest-ranking official, from 1987 to 1989 - was the only top-level Party official to be relatively open about his golf habit. Zhao could regularly be found teeing it up at Beijing International Golf Club, near the famous Ming Tombs, where thirteen Chinese emperors were buried.

Zhao was not your typical Chinese leader, and perhaps that's why he was ousted and sentenced to house arrest not long after taking a sympathetic stance toward the Tiananmen Square student protesters in 1989. Zhao eschewed traditional Mao suits in favor of Western-style jackets and ties. He agreed to appear on the American television news show Meet the Press - downing two beers while on camera during his interview with Tom Brokaw.

Zhao's detractors branded these as examples of the "bourgeois liberalizations" he was allowing to pass through China's once airtight seal. Back in 1987, The New York Times had called Zhao the "dapper heir" to reform-minded Deng Xiaoping. In its article, it even noted a photo distributed by the Xinhua News Agency, China's official government media mouthpiece, that "shows [Zhao] on the golf course wearing a white baseball cap and clutching what knowledgeable observers believe is a three-iron."

When asked what would happen if newspapers were to somehow publish photos of China's current president enjoying a round of golf, one course manager predicted there would be one million new golfers in China the following day. "I think the possibility of that ever happening is zero," Song Liangliang, a spokesman for the China Golf Association, told me. "Photos of Zhao Ziyang caused such public turmoil back then."

And yet China is considered the savior to a global golf industry that's in serious trouble. Just last year in the United States alone, the number of active golfers shrank by 400,000 and 160 courses shut down. This has been the trend for the better part of the past decade.

Meanwhile, in China, the numbers have been trending upward since the country's first modern-day golf course opened 30 years ago -- golf has grown in lockstep with the booming Chinese economy, especially in recent years. In China, there are few things more aspirational than golf, and the luxurious lifestyle believed to surround it. It's a status symbol, a sign that you've "made it," like an Audi A6 or a Louis Vuitton handbag. Indeed, many of the new golf courses in China were built more as a way to help sell the mansions that line the fairways than to attract golfers to play on them.

It's difficult to pin down just how many actual golfers there are in China. Estimates range from several hundred thousand to several million, with the true figure likely lying somewhere in the middle. One thing everyone agrees on, however: The number is increasing, which is more than most other places in the world can say.

But it would be wrong to say golf fever is sweeping the country. China is a nation of peasant farmers, some 700 million of them. Truth is, most Chinese probably have no idea what golf is. They can't afford to. Golf will likely always be a niche sport in China, but with a population of 1.4 billion, a niche there can still mean millions of people.

That the global golf industry has its hopes pinned so tightly to China shows just how uncertain the market truly is. Statistically, zero percent of the country's population plays golf. Oh, and it's supposedly illegal to build golf courses there, as well.

China's latest ban on golf development came in 2004, when the government, citing the "blind construction" of courses, issued a moratorium intended to protect "the collective land of the peasants" and curb an out-of-control real estate market. With more than a billion mouths to feed and limited water and arable land, the concerns were obviously valid. But after the ban, the government in effect turned its back and let things grow even more out of control. Over the past decade, no country has built more golf courses than China - not even close.

Ten years ago, when the moratorium went into place, state media reported that China was home to 176 golf courses, and only 10 of them had received proper approvals from the government. Today, proper approvals don't even exist, and yet some estimate that the number of courses in China has eclipsed 1,000, although there's no way to know how many there really are. (In 2009, the Ministry of Land and Resources admitted they were using satellite imagery to try to get a handle on the number.)

Every foreign business knows that when they enter the Chinese market, they are going to have to play by China's rules, but when it comes to golf, no one knows what the rules actually are. Truth is, no golf course in China gets built without heavy government involvement, but it's always at the local level. Local officials in China often welcome and encourage golf development because they profit mightily from it. Thus, they are willing to gloss over the rules a bit. Rule No. 1 when planning a golf course in China: Don't call it a golf course.

Those in golf course design and construction have to play along and weather the occasional crackdown, because these days if they aren't working in China, they probably aren't working much at all.

Washburn has a new book on this topic, The Forbidden Game: Golf and the Chinese Dream, available here.


Park Hyatt Ningbo Resort and SpaSituated on the banks of Dongqian Lake, which translates as 'lake of money in the east', this stunning resort near the city of Ningbo is just two hours by bullet train from Shanghai. Surrounded by mountains and overlooked by the tea plantations of Mount Fuquan, the scene is straight out of a classical Chinese painting. The resort has been created in the style of a traditional, Chinese water village made up of low-level villas with simply plastered exteriors and tiled, gabled roofs. Within the resort are original, historic buildings, such as a family mansion, which have been carefully restored. And there are also sublime modern additions, such as the stunning indoor swimming pool and outdoor infinity pool. Click here for more information.

Park Hyatt Ningbo Resort and Spa

Park Hyatt Ningbo Resort and Spa Tea House

Park Hyatt Ningbo Resort and Spa

Park Hyatt Ningbo Resort and Spa

Angsana TengchongIn the summer of 2013, Angsana Hotels and Resorts launched its first hot spring destination retreat in Tengchong, Yunnan in Southwest China. The Angsana Tengchong Hot Spring Village is situated in a valley near the western edge of the Yunnan province, offers 28 Hot Spring Retreats (suites with balconies) and nine villas, each with private hot spring tubs. The resort features the spacious Angsana Spa and an array of 43 outdoor and indoor hot spring pools.

Park Hyatt Ningbo Resort and Spa

Bed In A Cave"The Bed in a Cave" is an incredibly unique 300-year-old cave situated 40 minutes outside of Xi'an in central China. Come and experience Chinese country life by staying with the Wang Family, who are happy to arrange trips and tours of the local area. The cave has sleeps 6, has western toilets and electricity... but no hot water. For more details go to

AmanfayunChill out in a former 700-year-old Chinese village that has been artfully transformed into a mesmerising rural spa retreat in Eastern China. The Amanfayun resort is an idyllic enclave situated just minutes away from breathtaking temples, stunning views of tea fields, and the heart of the former Imperial city of Hangzhou. Click here to read more about Amanfayun:

Amanfayun Swimming Pool

Amanfayun Temple

Amanfayun Tea Fields

Yanqi Lake Kempinski Hotel BeijingOpened at the end of May this year, the newest Kempinski Hotel is located in the heart of scenic Yanqi Lake, north of Beijing. With magnificent views of the lake, mountains and natural gardens, the hotel is located approximately 25 kilometres from The Great Wall, and embodies the shape of the rising sun. The hotel's architecture symbolises harmony, unity and infinity, and from a side-angle view is shaped like a scallop, which represents 'Fortune' in Chinese culture. Click here for more information.

Aman at Summer Palace, BeijingThe pavilions in this resort were originally used by guests awaiting an audience with the Empress Dowager Cixi who lived in the Summer Palace, until close to her death in 1908. This serene retreat, with peaceful internal courtyards embracing traditional Chinese architecture, provides easy access to such cultural landmarks such as the Great Wall, The Temple of Heaven and the hutongs, as well as Beijing's restaurants, art galleries and nightlife.

Aman at Summer Palace, Beijing

Aman at Summer Palace, Beijing

Aman at Summer Palace, Beijing

The Opposite HouseWith cutting edge design from world-renowned architect Kengo Kuma, groundbreaking restaurants and bars conceived by celebrated chef restaurateur David Laris as well as a fresh and innovative approach to service, the 99-room intriguing urban hotel set Beijing's hotel scene by storm when it opened in 2008. The Opposite House is located at The Village in Sanlitun, a vibrant new open-plan shopping, dining and entertainment destination developed by Swire Properties. The hotel's 99 guest studios, including 9 spacious suites, are amongst the largest in Beijing. More than half of all the rooms are over 70 sqm and all are strikingly simple with natural wooden floors and subtle touches of Chinese décor. The name, The Opposite House, is derived from a Chinese translation which historically described the building located opposite the main house in a courtyard where esteemed guests would stay. The name also reflects the hotel's southern location within the courtyard design of The Village at Sanlitun and highlights Sanlitun as a district of diversity and opposites - old and new; east and west; bohemian and chic.

The Opposite House

The Opposite House

The Opposite House

Four Seasons Hotel, GuangzhouThis dramatic hotel occupies the top third of the 103-story IFC Guangzhou, one of the world's ten tallest skyscrapers. Situated in the heart of Pearl River New City, next door the Zaha Hadid-designed Guangzhou Opera House, there's no better place to absorb the atmosphere of China's urban powerhouse. Click here for more details.

Four Seasons Hotel, Guangzhou

Four Seasons Hotel, Guangzhou

Four Seasons Hotel, Guangzhou

Anantara Emei Resort and Spa This stunning resort at the foot of Emei mountain, Chain's highest sacred Buddhist mountain - and famous for sacred pilgrimages - has just opened in China. The hotel is approx. two hours from Chengdu and nightly rates are very reasonable, from £68 per room per night based on two sharing a deluxe garden view room. For more details click here.

Anantara Emei Resort and Spa

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26 Avr 2015 

What are the chances of success my business?

You can think of it a few ways.

All new businesses have a 50 / 50 chance of succeeding.

All new businesses are more likely to fail than succeed.

Your business will definitely succeed, being in the tech industry.

If you market your business and your product well, and if you have a good product, and a product that everyone wants and needs, it will succeed.

If you think of these possibilities, and other possibilities, if there are any, and you strategize well, and you have assistance, at least starting off, like from a CPA, and a lawyer, and friends helping you test your product, and things like that, just to get your business going, then you have a chance at succeeding.

But, if you listen to people who say, "It won't work," or "Try going into business doing something else," or "You won't get the loan while you are wide awake, and you won't get all of the best search sites income from the business, so you are wasting your time" etc., then you will definitely fail, and you will never succeed.

You are not likely to get one million dollars in the loan, but you may get a loan for enough money to start off. It might be 100,000 dollars, or 50,000, or something like that. That's just enough to start the business. Now, I'm sure there's someone out there who might very well loan you one million dollars, but they are most likely going to loan you only a very small fraction of that. But, you can still use the small loan to make big money. This is a more realistic way of looking at it, and also a more positive and optimistic way of looking at it than being told you won't get the loan, period.

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