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October 13, 2008 11:33:01 AM CDT



Hong Kong track this thread

Started by alexpm; Last updated May 30, 08 4:46 PM CDT by K Schwartz | View history

Hong Kong

Hong Kong is a booming city that consistently ranks high in world surveys. It is a gateway to China.

Stories

Stories 1 - 20 of 67

  • September 2008
    • Rumors Spark Wild Run on Asian Bank

      Rumors Spark Wild Run on Asian Bank

      (Newser) - Rumors that the Bank of East Asia was in trouble spread like wildfire through Hong Kong yesterday, causing a panicked mob to descend on the bank as thousands withdrew their life savings, the Financial Times reports. Police moved in to keep order as crowds demanded their money. BEA's tycoon chairman blamed "malicious rumors" for the panic and vowed to buy shares in the bank himself. More »

  • July 2008
    • China Bans Tibetan Flags At Olympic Event

      China Bans Tibetan Flags At Olympic Event

      (AP) - Tibetan flags will be banned from all Olympic equestrian events in Hong Kong under rules aimed at heading off political protests inside competition venues, organizers said today. While China has tightened visa restrictions to keep out protesters during the Olympics, activists could demonstrate in Hong Kong, which grants visa-free access to citizens of many Western countries. More »

    • Amid Selloff, Gold King Won't Flush His Throne

      Amid Selloff, Gold King Won't Flush His Throne

      (Newser) - With gold prices hovering around $1,000 an ounce, one Hong Kong jeweler is melting down the shining palace he spent a decade building, unloading chandeliers and armored knights—everything but his 24-karat toilet, the Wall Street Journal reports. "I don't care if gold hits $10,000 an ounce," Lam Sai-wing says of the Lenin-inspired commode. "I'm not melting it down." More »

  • May 2008
    • Hello, China: Meet Japan's New Envoy

      Hello, China: Meet Japan's New Envoy

      (Newser) - Hello Kitty has been tapped as Japan’s cultural envoy to China, the AP reports. Japan’s ministry of tourism chose the über-popular icon to represent the country in its drive to attract 10 million annual visitors to the islands. Last year, tourists from China and Hong Kong made up 16.5% of Japan's 8.35 million overseas visitors. More »

    • Hong Kong people donate 115 million dollars to China quake victims :

      Hong Kong - Hong Kong people have given more than 115 million US dollars to help victims of last week's earthquake in China's Sichuan province, a news report said Monday. The city has donated more than a ninth of all the aid that China has received.

    • Torch Gets Huge Welcome in Hong Kong

      Torch Gets Huge Welcome in Hong Kong

      (Newser) - Thousands of people waving the Chinese flag cheered the Olympic torch on its relay through Hong Kong, shouting down scattered Tibetan protesters in their midst, the BBC reports. There were a few scuffles as the torch wound its way through the streets in the first leg of the torch relay to take place on Chinese soil. More »

    • Mia Farrow Quizzed at Hong Kong Airport

      Mia Farrow Quizzed at Hong Kong Airport

      (Newser) - Activist actress Mia Farrow was allowed into Hong Kong today after authorities questioned her and told her not to disrupt tomorrow's Olympic torch relay, AP reports. Farrow is an outspoken critic of China's policy on Darfur and plans a speech tomorrow night on the issue. Several activists have been barred from the former colony in recent days, and Farrow's visit was seen as another test of the city's freedoms. More »

  • April 2008
    • Torch Back in China After Tumultuous Tour

      Torch Back in China After Tumultuous Tour

      (Newser) - There were no protests in Hong Kong today as the Olympic torch returned to Chinese soil. But reports were rampant of advocates and would-be protesters being deported or barred from entering the country, the New York Times reports. China says it’s dedicated to allowing peaceful demonstrations, but yesterday deported three pro-Tibetan advocates, and over the weekend denied entry to four more. More »

    • Skype Launches $9.95 Plan for Unlimited Foreign Calls

      Skype Launches $9.95 Plan for Unlimited Foreign Calls

      (Newser) - Internet calling system Skype is introducing a plan for unlimited overseas phone calls for $9.95 a month, CNET reports. The plan includes 34 European and Far Eastern countries, along with Australia and New Zealand—but the deal is limited to landlines except for calls to cell phones in Canada, China, Hong Kong, and Singapore. The plan also includes unlimited domestic calls in the US. More »

    • Thousands Stuck as Asian Budget Airline Folds

      Thousands Stuck as Asian Budget Airline Folds

      (Newser) - Thousands of passengers have been stranded in Hong Kong, London, and Vancouver with the collapse of Asian budget airline Oasis, the New York Times reports. In a sign that the industry's woes are spreading rapidly, the Hong Kong-based airline joins three US budget carriers to have gone under this month in the face of soaring fuel prices and economic jitters. More »

  • March 2008
    • 10 Most-Wanted Luxury Brands

      10 Most-Wanted Luxury Brands

      (Newser) - Hong Kong and the United Arab Emirates may actually buy the most designer goods, but when money is no object, we’ve all got expensive tastes. One research group asked 25,000 consumers to forget about price tags and name the luxury brand they covet most. Forbes runs down the top 10: Gucci Chanel (tied) More »

    • China Spins Tibet Crisis for the World

      China Spins Tibet Crisis for the World

      (Newser) - China retaliated today against the negative press that is flooding out of the Tibet crisis, the AP reports. Beijing released footage of Tibetan demonstrators assaulting Chinese, and blasted Western media such as CNN and Der Spiegel with claims of unfair coverage. Within Tibet, where foreign media is mostly banned, China continues to fill the void with its own version of events. It also increased its official death toll to 22. More »

    • Asian Markets Surge As Dollar Comes Back

      Asian Markets Surge As Dollar Comes Back

      (Newser) - Stocks in Asia had their best day in a month as investors reacted to the Fed's 75-point rate cut and a top Chinese company announced higher-than-expected earnings. The Nikkei climbed 2.5%, with financial stocks leading gains, reports Bloomberg. Companies with substantial business in America also did well—Canon jumped 6.3%, Nintendo 5%—as the dollar made its biggest gain against the yen in almost a decade, pushing back above ¥100. More »

    • Tokyo Recovers, Shanghai Falls Again

      Tokyo Recovers, Shanghai Falls Again

      (Newser) - Markets in Tokyo had an up day, recovering some of yesterday's major losses as investors speculated that Japan will stand firm in the face of an economic slowdown. Insurers led the gains on the Nikkei, which rose 1.5%. Other Asian bourses also did well Tuesday, but China was an exception, reports Bloomberg: on fears of an interest-rate cut, the Shanghai-Shenzhen CSI 300 index slumped 5.2% to an 8-month low. More »

    • Dalai Lama Calls for Tibet Probe

      Dalai Lama Calls for Tibet Probe

      (Newser) - The Dalai Lama today called for an international investigation into China and accused it of engaging in "cultural genocide" in Tibet, the AP reports. The spiritual leader said 80 people have been killed in recent protests. Chinese soldiers and tanks patrolled the streets of the Tibetan capital of Lhasa today, which appeared quiet in images from Hong Kong TV. Condoleezza Rice called for "restraint" on the part of Beijing. More »

    • Flu Closes Hong Kong Schools

      Flu Closes Hong Kong Schools

      (Newser) - Over half a million children in Hong Kong are starting their Easter holiday early today after a flu outbreak led the government to order schools to close, AP reports. All kindergartens and primary schools in the densely populated territory will be shut down for two full weeks. Three children have died, but health officials stress that there is no evidence of any more virulent strain than the usual flu virus, and bird flu is not thought to be a factor. More »

  • February 2008
    • Star's Naked Photos Drive Hong Kong Wild

      Star's Naked Photos Drive Hong Kong Wild

      (Newser) - It all started when Edison Chen, a Hong Kong actor and hip-hop artist, took his laptop in for repairs. Turned out Chen had on his hard drive more than a thousand photos of himself, naked, with more than a dozen of the island's leading actresses and singers. Someone at the shop helped himself to the pictures, and the result was biggest sex scandal the puritanical city has ever seen, the LA Times reports. More »

    • Beijing Opens Giant Air Terminal

      Beijing Opens Giant Air Terminal

      (Newser) - Ahead of this August's Olympics, Beijing is set to open a new airport terminal that has been billed as the world's largest building. Designed by Norman Foster, who also designed Hong Kong's airport, the new Terminal 3 was built in only 4 years and, unlike many buildings in China, incorporates environmental control systems to minimize energy consumption, writes the Independent . More »

    • Airbus Talks Mile-High Casinos