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    News and Articles on Hong Kong

    Archives: Hong Kong

    * More than a thousand teams enter Taiwan contest  Jul 4, 2009
    Hong Kong came in second with 94, while Japan and India had 70 each, the officials said. Contestants come from a wide variety of countries including Iraq, Israel, Costa Rica, Nicaragua and Nigeria, the officials said. (Taipei Times, Taiwan)

    Tarun Vijay: No Lalgarh in red China  Jul 3, 2009
    6% , remains as hard as ever on Tibet and other such issues, taken control of Hong Kong and Macao, doesnt care about Taiwans gestures and indications to come back, in fact the biggest investors to China come from that land. How real is this new incarnation of the old Maoist totalitarian regime. (India Times, India)

    New Zealand airline issues nude safety video  Jul 3, 2009
    The Airbus A330 with 219 passengers and crew aboard was flying from Hong Kong to the Australian west coast city of Perth overnight when it struck "severe turbulence" over Malaysian Borneo, Qantas said in a statement. Passengers later described the panic and confusion in the darkened cabin as passengers not wearing seat belts were hurled from their seats. (Fresno Bee -- Local)

    Timeline: China  Jul 3, 2009
    Hong Kong reverts to Chinese control ... Hong Kong is wealthier and freer than much of the mainland ... 2003 March-April - China and Hong Kong are hit by the pneumonia-like Sars virus, thought to have originated in Guangdong province in November 2002. (BBC News)

    Coming today: the wide-screen, touch-controlled iPod?  Jul 3, 2009
    Coming today: the wide-screen, touch-controlled iPod. Enter our Snapshots of Summer photography competition. (Yahoo News -- Apple Computer)

    China's system beyond the system  Jul 3, 2009
    Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business ... CHANGSHA, China - News that Hong Kong chief executive Donald Tsang and his ministers would take a pay cut of 5 ... As professor Wang Shaoguang from the Department of Politics and Public Administration of the Chinese University of Hong Kong noted, the key is to reform the financial system. (Asia Times Online)

    Holiday in Italy with single ladies!  Jul 3, 2009
    NOTE: Passengers flying from PERTH arrive Hong Kong at 08. 00AM. If accommodation is required until the 22. (Sydney Morning Herald -- Australia)

    A Taste of Sichuan  Jul 2, 2009
    Diners who found themselves in London with a yearning for northern Chinese food used to have a hard time, given that the vast majority of Chinese restaurants in the British capital being run by southerners from Guangdong and Hong Kong served mediocre approximations of it at best. The opening of Ba Shan, in Soho's Romilly Street, will therefore please purists. (Time.com)

    Golden Bears To Participate in Summer Competitions  Jul 2, 2009
    Cal women swimmers in the pool in Serbia will be , and for Team USA, for Hong Kong and for Slovenia. Approximately 9,000 athletes from 140 countries will compete in 15 sports and 208 disciplines during the games. (Calbears.com)

    Avenues Abound: Inspiring Creativity  Jul 2, 2009
    The companys research team feels that some of the destinations are more popular than the others for MICE movements like Thailand, Singapore, Hong Kong, Dubai, and Istanbul among others. There has been a shift in the trend with the European destinations such as Germany, Switzerland and France being more in demand because of the attractive travel packages to these countries. (India Times)

    Rs 12.5 lakh stipend at IIM-C  Jul 2, 2009
    He had interned with an investment bank in Hong Kong and was paid a stipend of Rs 12 ... A student from IIM-A, who did not wish to be identified, told ET: Last year, Barclays Hong Kong had given the highest summer internship stipend of around Rs 8 lakh to one of the students at IIM-A. This year, the stipends have gone up to around Rs 10 lakh ... Apart from India, students go for their internships in the US, Europe, Australia, Hong Kong, Singapore, the Middle East. (India Times)

    Waterhouse fires in a protest as Sydney clubs meet to discussmerger push  Jul 2, 2009
    Waterhouse fires in a protest as Sydney clubs meet to discuss merger push. The Sydney Morning Herald: national, world, business, entertainment, sport and technology news from Australia's leading newspaper. (Sydney Morning Herald -- Sport)

    Life in the Big Apple  Jul 1, 2009
    If you want the next thing in art, you go to Beijing, Berlin or Los Angeles; if you want the next thing in food, you go to Tokyo, Barcelona or Copenhagen; if you want the next thing in fashion, you go to Mumbai, Hong Kong or Krakow. If you want all of those things at once, however, you still come to New York, and that's what makes it the greatest city in the world. (CNN -- International)

    Source: North Korean ship reverses course  Jul 1, 2009
    But it was some 250 miles south of Hong Kong on Tuesday, one official said ... In the latest move to keep pressure on Pyongyang and its nuclear ambitions, the Treasury Department moved against Hong Kong Electronics, a company located in Kish Island, Iran. (Atlanta Journal-Constitution -- World)

    Disney To Pour $465M Into Hong Kong Park  Jul 1, 2009
    HONG KONG -- The Walt Disney Co. and Hong Kong have reached a deal to expand the territory's Disneyland at a cost of about $465 million in hopes of boosting the theme park's fortunes, officials announced Tuesday ... 5 billion Hong Kong dollars ($450 million) -- to pay construction and operation costs during the building phases ... Hong Kong is also under pressure to increase the theme park's appeal to compete with a proposed Disneyland in Shanghai, which could open in the coming years, and would... (Click2Houston, TX)

    Hong Kong celebrates return to China  Jul 1, 2009
    Hong Kong marks 12th anniversary of return to China - China - World - The Times of India ... Hong Kong marks 12th anniversary of return to China ... HONG KONG: Thousands of Hong Kongers joined a parade on Wednesday of Chinese dragon dancers and children garbed in opera costumes as the territory marked the 12th anniversary of its return to China. (India Times, India)

    Big Pictures to push distribution  Jul 1, 2009
    Overseas, the key territories under its umbrella include the US/Canada, UK, Norway, Germany, Denmark, Belgium, Middle East, South Africa, Australia, New Zealand, Hong Kong and Singapore. We are planning to tap new markets like Spain, Japan and Holland. (India Times)

    StanChart in talks on RBS India units  Jul 1, 2009
    HONG KONG: Standard Chartered is in talks to purchase assets in China and India owned by the Royal Bank of Scotland, a source with direct knowledge of the matter said on Wednesday ... ANZ is in talks to buy RBS units in Hong Kong, Taiwan, Singapore, Vietnam and Indonesia, according to a Bloomberg report. (India Times)

    AIG keeps Tata JV out of rebranding plan  Jun 30, 2009
    Elsewhere in Asia, the groups businesses in Brunei, China, Hong Kong, Indonesia, Macau, Malaysia, Singapore, South Korea, Taiwan, Thailand and Vietnam have all been renamed as AIA.. Incidentally, all of Indias neighbouring countries Bangladesh, Pakistan and Nepal are covered by American Life Insurance (ALICO). (India Times)

    The Jackson factor  Jun 30, 2009
    Head Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East, Central, Hong Kong Thailand Bureau: 11/13 Petchkasem Road, Hua Hin, Prachuab Kirikhan, Thailand 77110. (Asia Times Online)

    Dog-eaten passport cancels Wis. boy's trip to Peru  Jun 30, 2009
    Wong Chi Hoi (pronounced Huang Chi-kai in Mandarin) is a 23-year-old man from Hong Kong who arrived on China Airlines Flight CI-932 at Kaohsiung Airport. Mr. Wong is a sophomore in the construction department of Hong Kong Polytechnic University. (Fresno Bee)

    * Obama and the boredom factor: Will economics trump politics?  Jun 30, 2009
    Chris Patten is a former EU commissioner for external relations and was the last British governor of Hong Kong. He is currently chancellor of Oxford University and a member of the House of Lords. (Taipei Times, Taiwan -- Sports)

    Companies line up Rs 15k cr QIP  Jun 30, 2009
    A few more are lined up for Tuesday through Friday, although Wednesday could witness some subdued activity since the Hong Kong market is closed,'' an institutional dealer with a broking house said. An interesting aspect of the long list rushing for QIP is most are from real estate and construction sectors. (India Times, India -- Intl Business)

    Scientific system accurately predicts spread of H1N1: study  Jun 30, 2009
    4 million people every year make flight connections into Canada through just nine cities: London (UK), Hong Kong, Tokyo, Frankfurt, Paris, Miami, Amsterdam, New York City and Chicago. The airports in these cities represent potential sites for screening passengers to Canada during international epidemics. (EurekAlert!)

    Asian employment at risk  Jun 29, 2009
    Hong Kong, Korea, Malaysia, Singapore, Taiwan and Thailand are most exposed in Asia to the global crisis, Nomura said ... The fall in commodity prices since last year had reduced business costs and improved profit margins for Asian firms, limiting the need to cut jobs, said Frederic Neumann, an economist with HSBC in Hong Kong. (India Times)

    Qantas lets go of unwanted baggage  Jun 29, 2009
    The Hong Kong carrier Cathay Pacific is the latest of a growing list of airlines to end its contract with Qantas for baggage handling and other ground services. Industry insiders say Qantas's ground services operate on thin margins, and while it has agreed to honour existing contracts it is not pursuing new customers. (Sydney Morning Herald -- Business)

    Refugee boat had 194 on board  Jun 29, 2009
    " The boat carrying 194 people was first detected by an RAAF surveillance plane on Friday night, 437 kilometres from Christmas Island. It is understood to have sailed between Java and Sumatra en route to Australia. It was monitored by HMAS Pirie on Saturday until it reached Australian waters at 2am yesterday, when it was intercepted. 00004000 Today in National Story Tools Latest National News Video Taxi smash murder charge Hong Kong police have charged a 22-year-old Australian man with murder... (Sydney Morning Herald -- Australia)

    Cathay Pacific, Singapore Air Enjoy `Silver Lining' From Jet Fuel's Surge  Jun 29, 2009
    The rise in this year may help Hong Kongs Cathay and Air China trim paper losses from wrong-way bets on oil ... 24 as of 10:13 a.m. in Hong Kong, while rose 2 ... This is a relief for many airlines, said , an analyst at Daiwa Institute of Research Ltd. in Hong Kong. (Bloomberg)

    Best airport 'nobody knows about'  Jun 29, 2009
    Incheon for the first time topped perennial favorites Hong Kong International Airport and Singapore's Changi International Airport. The survey evaluated 190 airports on nearly 40 criteria, including ease of connecting through the airport and baggage handling. (Honolulu Advertiser)

    Form doesn't stack up well for merger  Jun 29, 2009
    And then came the disposal of the Randwick sacred ground, always considered a part of headquarters, sold by the government to a Hong Kong land developer when the AJC made a reasonable offer. Yes, the sale was legal but hardly in the best interests of racing. (Sydney Morning Herald -- Sport)

    COMMENT: Games Neighbours Play  Jun 29, 2009
    Government-controlled media organisations in mainland China and Hong Kong launched an anti-India barrage claiming that "the Indian government's eagerness to declare the attacks were carried out by foreign forces was an attempt to cover up internal contradictions". The official mouthpiece of the Communist Party, the People's Daily, proclaimed on December 2 that the attack was "a major blow to India's big power ambitions". (India Times, India)

    SEBI plans increasing D-Street trading hours  Jun 29, 2009
    Trading on major Asia Pacific bourses Japan, Hong Kong and Shanghai commences a little ahead of the Indian markets, while the European and American markets open much later. Sebi had, in March this year, proposed an extension of trading hours of stock exchanges to align the domestic bourses with international markets. (India Times)

    Kauai student ambassadors travel to China (360)  Jun 29, 2009
    Over a two-week period the delegates will visit historic and cultural sites including Tiananmen Square, the Great Wall of China, Terracotta Warriors, Yangtze River Delta, Kun Opera Museum, Beijing Zoo, Imperial Palace, Forbidden City and Hong Kong s Victoria Harbor, the release says ... In addition to the educational aspects of their tour, the students will make a fun stop at Hard Rock Caf; Beijing, have opportunities to practice their bargaining skills at numerous Chinese markets in Beijing,... (Lihue Garden Island, HA)

    * World News Quick Take  Jun 29, 2009
    The trend for compensated dating, a euphemism for paid sex with young women usually by older men, is believed to have spread to Hong Kong from Japan. PAKISTAN. (Taipei Times, Taiwan -- Sports)

    Spreads easily but not so deadly  Jun 28, 2009
    The last global pandemic was the Hong Kong flu of 1968, which killed approximately one million people ... The SARS heightened the personal hygiene of people in Singapore and Hong Kong. (The Star Online, Malaysia)

    * Protectionism by any other name sounds Chinese  Jun 28, 2009
    By Keith Bradsher NY TIMES NEWS SERVICE, HONG KONG Sunday, Jun 28, 2009, Page 9 ... At the same time, the plunge last winter and this spring in Chinese exports has resulted in a shift by many Chinese factories from exports only to a shared reliance on export and domestic markets, said Merle Hinrichs, chairman and chief executive of Global Sources, a Hong Kong company that connects Chinese suppliers with Western buyers. (Taipei Times, Taiwan -- Sports)

    NTSB to probe problems on other Airbus flights  Jun 28, 2009
    One flight was between the United States and Brazil in May and the other between Hong Kong and Japan in June ... Another "possibly similar" incident happened June 23 on a Northwest Airlines flight between Hong Kong and Tokyo, Japan, the NTSB said. (CNN -- US)

    * FEATURE : One persons junk is another persons treasure  Jun 27, 2009
    Today, the outdoor bazaar and flea market, jointly dubbed Weekend Tianmu X We Can, have turned into a treasure trove for local residents and a tourist attraction for backpackers from Hong Kong and Japan, Tang said. Since the bazaar and flea market opened at the intersection of Zhongshan North Road and Tianmu East Road, other stalls and shops close by have seen a 30 percent to 50 percent growth in business, Tang said. (Taipei Times, Taiwan -- Taiwan)

    * [HEALTH] Straight from the horses mouth: ketamine abuse is harmful  Jun 27, 2009
    By Tan Ee Lyn REUTERS, HONG KONG Saturday, Jun 27, 2009, Page 16 ... Doctors in Hong Kong, where ketamine took off as a party drug about a decade ago, have recently found that heavy users have poor bladder control and are prone to long-term liver damage ... A recent study in Hong Kong of 97 drug users, most of whom primarily took ketamine, found that over 60 percent of them suffered depression, 31 percent complained of poor concentration and 23 percent had memory problems. (Taipei Times, Taiwan -- World)

    Michael Jackson Around the World  Jun 27, 2009
    (6/26) A brief commentary in the Hong Kong Standard compared Jackson to Elvis Presley, Marilyn Monroe, and James Dean. Some press stories reported that fans believed Jackson s death to be a staged event to promote his comeback. (Suite101.com)

    Australia reports fourth flu-related death  Jun 27, 2009
    HONG KONG, June 26 (Xinhua) -- Australia reported the fourth death related to influenza A/H1N1 in the country Friday while the number of confirmed cases in Thailand soared to 1,132 ... A spokesman for Hong Kong Department of Health said there had been 90 newly confirmed cases of A/H1N1 influenza in the 24 hours to 2:30 p.m. (0630 GMT) Friday ... This brings to 596 the total number of A/H1N1 influenza cases in Hong Kong, the spokesman said. (Xinhuanet, China)

    NTSB probes problem in 2 Airbus planes  Jun 27, 2009
    Information on the second incident is more sketchy, but it involves a Northwest Airlines flight from Hong Kong to Tokyo on Tuesday, the board said. Slide show. (MSNBC -- Travel)

    IT majors vie for UBS' contract  Jun 26, 2009
    In reply to an e-mail questionnaire on the bank's outsourcing plans, UBS spokesman in Hong Kong, Mark Panday, said: "UBS does not comment on market speculation or rumour. UBS has a well defined offshoring 00004000 strategy, including judicious use of India and other locations around the world. Offshoring has allowed UBS to reap many benefits, including improved quality, reduced operational risk, new revenue opportunities, cost savings and, importantly, access to talent.". Outsourcing analysts... (India Times)

    India home to 25% of world's highest paid expats: Survey  Jun 26, 2009
    The highest proportion of expats earning more than USD 250,000 are in Hong Kong (27 per cent), Japan (26 per cent) and India (25 per cent) compared with a global average of 16 per cent. ... The survey found that 54 per cent expats in Japan , Thailand (51 per cent) and Hong Kong (49 per cent) scaled down their spending on luxury items, such as holidays and leisure activities. (India Times)

    The Vagabond Travelers Dream  Jun 26, 2009
    We went through 12 time zones in 26 hours to get to Hong Kong. Our approximate flight time was: Cincinnati to Los Angeles four and one-half hours; LA to Tokyo 11 and a half hours, and Tokyo to Hong Kong four hours ... Arriving in Hong Kong airport at 11:05 PM after about 20 hours flying time, our next scheduled activity was in downtown Hong Kong (Kowloon) at 9:00 AM. We didnt have time for jet lag-the word was sleep during flight time and/or when you get home. (Brownstown Jackson County Banner, IN)

    Fans from Sydney to Bogota mourn Michael Jackson  Jun 26, 2009
    Peter Kam, a prominent pop composer in Hong Kong, said he learned from Jackson the importance of a catchy melody ... Associated Press writers Rod McGuirk in Canberra; Peter Orsi in Mexico City; Stan Lehman in Sao Paolo; Jorge Rueda in Caracas; Madeleine Bair in Bogota; John Rogers and Derrik J. Lang in Los Angeles; Kim Yong-ho in Seoul; Min Lee in Hong Kong; Yuri Kageyama in Tokyo; and Teresa Cerojano in Manila contributed to this report. (Chippewa Falls Chippewa Herald, WI)

    Global IPO market awakens  Jun 26, 2009
    27 billion in Hong Kong, and Vodafone's Qatari unit, which went public in a $929. 3 million deal. (India Times)

    Weeping Water ready for Limestone Day  Jun 26, 2009
    We got a package from Hong Kong just yesterday. People have just been wonderful about donating for it, she said. (Fremont Tribune, NE)

    A UN snub: Two regimes in a tub  Jun 26, 2009
    When the Kang Nam docked three years ago in Hong Kong, an inspection revealed nothing on board ... Head Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East, Central, Hong Kong Thailand Bureau: 11/13 Petchkasem Road, Hua Hin, Prachuab Kirikhan, Thailand 77110. (Asia Times Online)

    Expats in Asia, Middle East paid most  Jun 26, 2009
    Between a third and a quarter of foreigners working in Hong Kong, the United Arab Emirates, Thailand and India earned annual wages of more than $200,000, while countries such as Malaysia, China and India, were ranked among the cheapest for accommodation. Asia is home to the highest paid expats in the world, with one in four expats earning more than $200,000 per year, said the survey. (India Times)

    Microsoft unveils Windows 7 prices, free upgrades  Jun 26, 2009
    Microsoft said Windows 7 will be available in 14 languages on October 22: English, Spanish, Japanese, Ger 00004000 man, French, Italian, Dutch, Russian, Polish, Brazilian Portuguese, Korean, Simplified Chinese, Traditional Chinese and Chinese (Hong Kong). It will be available on October 31 in 21 other languages: Turkish, Czech, Portuguese, Hungarian, Swedish, Danish, Norwegian, Finnish, Greek, Ukrainian, Romanian, Arabic, Lithuanian, Bulgarian, Estonian, Slovenian, Hebrew, Thai, Croatian,... (India Times)

    UBS names new Asia Pacific CEO  Jun 25, 2009
    HONG KONG: UBS AG on Thursday announced the appointment of Chi-Won Yoon as chairman and CEO of Asia Pacific, succeeding Rory Tapner, who is leaving the bank after 25 years. Yoon joined UBS in 1997 as Head of Equity Derivatives, becoming Head of Asia Equities in 2004, Head of Asia Pacific Equities in 2008, and Head of Equities and Fixed Income for the region earlier this year. (India Times)

    Coming today: the wide-screen, touch-controlled iPod?  Jun 25, 2009
    Coming today: the wide-screen, touch-controlled iPod. Enter our Snapshots of Summer photography competition. (Yahoo News -- Apple Computer)

    Google goes offline in China  Jun 25, 2009
    "We are investigating the matter and hope the service will be restored soon," Google spokesman John Pinette in Hong Kong said. The Chinese agency that oversees the Internet, the Ministry of Industry and Information Technology, did not immediately respond to requests for comment. (India Times, India)

    'R', the forgotten letter of the law  Jun 25, 2009
    Other matters included Mr Smith's use of a Diner's Club corporate credit card, intended for use by employees on official business, for personal travel by his wife to Melbourne and Hong Kong. The total paid by Sydney Ferries for this - $7267 - had not been recovered. (Sydney Morning Herald -- Australia)

    Asia stocks rally on steady Fed  Jun 25, 2009
    HONG KONG: Asian stocks rallied for a second day on Thursday after the Federal Reserve reinforced that interest rates will be kept at a record low for a while, but Treasuries extended losses as the Fed shied away from boosting its debt purchases ... Sinopec's Hong Kong-listed shares trimmed initial gains but were up 0. (India Times)

    More Than A Mall: Inside Dubai's Growing Art Scene  Jun 25, 2009
    "Like it or love it, this is who we are." Many cities that began life as mercantile enclaves Singapore, Hong Kong, Shanghai have gone on to develop thriving cultural scenes. There's no reason why Dubai can't flaunt its newfound creative talent either. (Time.com)

    'Ponzi-pal' freezes over  Jun 25, 2009
    According to the FM, the UK court order specifically froze nine bank accounts belonging to Rees and his companies, including four at Investec and others in Hong Kong, New York and Switzerland. The order also demanded that Rees hand his passport to Barwa's lawyers and that he provide a list of all his assets. (iAfrica.com)

    UK court freezes assets of Tannenbaum attorney  Jun 25, 2009
    Foreign bank accounts listed are HSBC Causeway Bay Hong Kong, in the names of Abated Investments and Doggered Investments; Northern Trust International Bank in Jersey City, in the name of M3 Trustees of St Francis Trust; and accounts with Citigroup Global in New York and Lloyds in Switzerland, both possibly in the name of Dean Rees. In terms of the order, Rees may remove, dispose of or deal in any of his assets in England and Wales provided the value of his assets still in England and Wales... (Business Report, South Africa)

    China, air/6 nights, from $1,324  Jun 24, 2009
    The Real Deal: Round-trip airfare on a Cathay Pacific carrier to Kunming via Hong Kong, a local flight from Lijiang to Kunming on a China Southern carrier, six nights' accommodations, six breakfasts, four lunches, five dinners, transfers and all ground transportation by bus, guided sightseeing, the services of English-speaking tour guides, and hotel taxes, from $1,324 per personplus fuel surcharges and government taxes and fees of $161 ... (If you depart from and return to San Francisco, you... (MSNBC -- Travel)

    Hong Kong Celebrities Turn Out to Meet the Man on the Moon During OMEGA Speedmaster 40th Anniversary Celebration of the Moon Landing  Jun 24, 2009
    NASA astronaut Buzz Aldrin, NASA Aerospace Engineer James H. Ragan meet Hong Kong elite during star-studded dinner. HONG KONG, June 23 /PRNewswire-Asia/ -- Michael Wong, Simon Yam, Qiqi, Richie Ren, Kam Kwok-leung, Perveen Crawford and Dr. Rebecca Li were just a few of Hong Kong's familiar faces who joined OMEGA to celebrate the 40th anniversary of the Moon Landing with Buzz Aldrin, one of the first men on the Moon and one of the most famous astronauts in history. (PR Newswire)

    Christina Stockton to Compete on the 2009 Collegiate All-Star Golf Team  Jun 24, 2009
    During the tour, the all-stars will compete in 11 tournaments throughout Asia, including stops in Japan (Tokyo, Camp Zama, Atami and Chiba), Hong Kong and South Korea ... July 9 - Goodwin Gaw Tournament, Hong Kong Golf Club, Hong Kong Sat. (Usfdons.com)

    'Beyond Time' Exhibition by OMEGA & Hong Kong Space Museum Engages, Captivates Local Crowds  Jun 24, 2009
    HONG KONG, June 23 /PRNewswire-Asia/ -- The Hong Kong Space Museum saw a massive surge in traffic this weekend as over 10,000 people visited the "Beyond Time" exhibition by the Museum and OMEGA during a three-day run that ended Sunday, June 21 ... Many of the exhibition items had never before been seen in Hong Kong ... To kick off the exhibition, National Aeronautics and Space Administration (NASA) astronaut Buzz Aldrin, who walked on the Moon during the Apollo 11 mission in July 1969, and NASA... (PR Newswire)

    Asia stocks recover from 1-month low  Jun 24, 2009
    HONG KONG: Asian stocks inched up on Wednesday from a one-month low hit the previous day while the dollar drifted, with investors bracing for a Federal Reserve decision and any signs the central bank is worried about the jump in US bond yields. The Fed is widely expected to keep interest rates on hold at a record low and keep its planned debt purchases unchanged, so the focus is on whether the central bank tweaks its statement to rein in a slide in US Treasuries that threatens the economy's... (India Times)

    Asia developers upbeat as home sales rebound  Jun 24, 2009
    Spurring the optimism in Asia is a recovery in residential markets, with price cuts drawing buyers in China, Hong Kong and Singapore, where saving rates are high and banks are prepared to lend ... Separately, Nomura said unemployment was stabilising in Hong Kong and forecasts home prices and rents in the Chinese territory will rise by 22 per cent and 11 per cent, respectively, this year. (India Times)

    Hilton Hotels in the Middle East Sign an Agreement with HMC to Relaunch the Premium Club  Jun 24, 2009
    HMC is a global company with offices in more than 50 countries including Italy, France, Germany, Spain, Poland, Portugal, Australia, Singapore, Hong Kong, China, UAE, Egypt, Venezuela, Brazil, Canada, United Kingdom and United States. Established in 1997, CLUBHOTEL is a worldwide network of four and five-star hotels, providing common benefits and recognition to an international membership base. (Yahoo News -- Press Releases)

    Asians worry about money, but still indulge  Jun 24, 2009
    The survey is one of the largest snapshots of opinions and trends in Asia, polling more than 33,000 people from 16 countries: Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam ... While nearly 40 per cent of Asians polled said they were less content than a year ago, Harish said people from India, China and Vietnam were the most likely to shrug off the downturn, while respondents from... (India Times)

    Tunnels, Guns and Kimchi: North Koreas Quest for Dollars Part II  Jun 24, 2009
    North Korea runs trading companies in Thailand, Hong Kong, Macau and Cambodia, which export North Korean goods mostly clothing, plastics and minerals such as copper to the region. At the same time, they import various kinds of foodstuffs, light machinery, electronic goods, and, in the past, dual-purpose chemicals, which have civilian as well as military applications. (YaleGlobal Online Magazine, CT)

    * Everywhere man  Jun 24, 2009
    This happened 30 years ago when people from Hong Kong, Singapore and Malaysia came to Taiwan ... In another way, China or Hong Kong. (Taipei Times, Taiwan -- World Business)

    All aboard theTrans-Asian Railway  Jun 23, 2009
    Head Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East, Central, Hong Kong Thailand Bureau: 11/13 Petchkasem Road, , Prachuab Kirikhan, Thailand 77110. (Asia Times Online)

    North Korean ship under U.S. watch  Jun 23, 2009
    Shortly after North Korea conducted its first nuclear test in 2006, the Kang Nam was detained in Hong Kong following a council resolution banning trade in nuclear and ballistic missile technology. But then the ship was found to be carrying no cargo. (Albany Times Union)

    Cunard Announces Historic 2011 World Voyages Aboard the New Queen Elizabeth and Flagship Queen Mary 2 - On Sale July 1  Jun 23, 2009
    Each itinerary will offer a unique adventure - featuring overnights in Sydney, Hong Kong and Dubai on Queen Elizabeth, and Cape Town, Sydney and Hong Kong on Queen Mary 2 - combined with the line's hallmarks of gourmet fine dining, impeccable White Star Service(TM) and a wide variety of elegant stateroom accommodation including the renowned and award-winning Queens Grill and Princess Grill suites. To view the entire press release. (PR Newswire)

    Gold hits 6-week low, hit by $ rise  Jun 23, 2009
    "Right now, market players are closely watching the dollar given its strong influence to the gold market," said Ronald Leung, a director of Lee Cheong Gold Dealers in Hong Kong. "There is no other reason to buy gold so the dollar's strength is used as an excuse to sell gold," he said, adding that the market was watching the Fed for any word on the economy or slow growth, or about its current policy stance. (India Times, India)

    Modern Silk Road  Jun 22, 2009
    An ambitious plan to create a modern Silk Route of roads and railways linking East Asia with Europe has made its first substantial progress, as the BBC's Vaudine England reports from Hong Kong. The Thai Lao Friendship Bridge is a key link in the East-West corridor. (BBC News -- Asia-Pacific)

    Asian mkts rise on China's optimism  Jun 22, 2009
    BEIJING: Asian stock markets rose for a second session Monday, with Hong Kong's benchmark spiking more than 2 percent, amid optimism about China after the Chinese premier said the economy was improving ... Hong Kong's Hang Seng index surged 394 ... Hong Kong is up because the Chinese markets are up. (India Times)

    Holiday wipeouts  Jun 22, 2009
    The Chinese refused permission to film in China, although Hong Kong was considered acceptable. Likewise, Thailand wouldn't allow the film crew to shoot the story that happened in that country (it was shot in Singapore). (Sydney Morning Herald -- Entertainment)

    Asian currencies fall against dollar  Jun 21, 2009
    HONG KONG: Asian currencies ended the week mainly weaker against the US dollar as the greenback strengthened on positive US economic news. However, the yen made big gains as a poor week for stock markets saw dealers become less risk averse and move into the Japanese unit. (India Times)

    Art.view: Old Masters and maestros  Jun 21, 2009
    If it s April it must be Chinese art being auctioned in Hong Kong, in May it is Impressionist and modern painting in New York, and in June it is contemporary art in London. P&D Colnaghi. (The Economist)

    Photo of the Week  Jun 20, 2009
    Newlyweds from Austin, Texas, Justin Burniske and his wife Jessica saved up enough money to enjoy an around-the-world honeymoon to Hong Kong, Thailand, India, Egypt and Europe. While on their second stop in Chiang Mai, Thailand, they saw numerous Wats (Buddhist Temples), each one with a pair of dragons at the entrance to ward off evil spirits. (MSNBC -- Travel)

    * Taiwan News Quick Take  Jun 20, 2009
    Meanwhile, the center said that although community outbreaks of swine flu have been reported in Hong Kong and Thailand, Taiwan has no plan to revise its pandemic alert level or to upgrade its yellow travel advisory for the two countries. Mainland Affairs Council spokesman Liu Te-shun (Bw) reminded people traveling to or transiting in Hong Kong to pay special attention to hygiene ... Meanwhile, the center said that although community outbreaks of swine flu have been reported in Hong Kong and... (Taipei Times, Taiwan -- Business)

    Study: Weather helped to clean air for Olympics  Jun 20, 2009
    Pollution expert Fang Ming, now retired from Hong Kong University of Science and Technology, said the findings don't break new ground in terms of understanding how air pollution works. "Having said that, it is useful to know the effectiveness of the huge 'green Olympic' effort to clean up the air in Beijing," he said in an e-mailed response. (Yahoo News)

    Decline of West Seen in Scotland Where Mathewson Rues What Goodwin Wrought  Jun 20, 2009
    The Edinburgh-based bank became Europes biggest by assets under Goodwin, securitizing subprime U.S. mortgages in Connecticut, arranging high-risk loans for leveraged takeovers from London to Milan, and collecting customer deposits as far away as Hong Kong. Then it collapsed, losing 47 billion pounds ($77 billion) of from its peak in December 2007 and dashing Mathewsons hope that a booming Scottish banking industry would help re-establish sovereignty after 302 years. (Bloomberg)

    Think about it  Jun 20, 2009
    She was recently awarded a Fulbright Fellowship and will travel to Hong Kong in August for a year of teaching and independent study. . (Orangeburg Times and Democrat, SC)

    Find love in Italy!Singles holiday, September  Jun 19, 2009
    NOTE: Perth passengers arrive Hong Kong at 08. 00AM. If accommodation is required until the 22. (Sydney Morning Herald -- Business)

    China 'unfairly seen as eco-villain'  Jun 19, 2009
    Vinnie Chan, Hong Kong S.A.R ... Sherman, Hong Kong, China ... Li Wa Foon, HONG KONG, CHINA. (BBC News -- Science)

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