Hong Kong People Tang Wei

2010-03-21T05:16:07Z

Chinese actress Tang Wei poses during a red carpet session at the opening of the Hong Kong International Film Festival in Hong Kong Sunday, March 21, 2010. (AP Photo/Vincent Yu)

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Tang premieres new film after reported China ban

2010-03-21T05:15:15Z

<div id="subtitle">Ang Lee protege Tang Wei premieres first film since reported China ban over 'Lust, Caution'</div><div><p>Chinese actress Tang Wei returned to the red carpet on Sunday, promoting her first movie since the 2007 Ang Lee spy thriller "Lust, Caution," a politically sensitive production that reportedly prompted officials to b...

'Suzie Wong' star shocked at destruction of old Hong Kong

2010-03-19T11:17:11Z

<div><p>Actress Nancy Kwan said Friday she was shocked at the wholesale destruction of the colonial Hong Kong that formed the charming backdrop to her classic 1960 film "The World of Suzie Wong".</p><p>The former screen siren said her hometown used to be a "laid-back sea port" with Chinese junks plying its famed

Hong Kong luxury house fetches near-record price

2010-03-17T09:17:38Z

<div><p>A Hong Kong listed company said Wednesday it will buy a luxury house for a near-record price in the city, a month after the government introduced measures to cool the city's property market.</p><p>Sino-tech International Holdings, an electronics components maker, said it has agreed to buy the 4,650 square foot property on the Peak for 280 m...

Blackstone in $600 million China agricultural deal: sources

2010-03-17T06:33:04Z

<div><p>HONG KONG/SHANGHAI (Reuters) - A consortium led by Blackstone Group has agreed to invest about $600 million in a Chinese agricultural company ahead of its planned Hong Kong listing, sources with knowledge of the deal said on Wednesday.<...

Hong Kong UN Saving Species

2010-03-16T12:34:59Z

In this March 8, 2010 photo, a woman walks past shark fins displayed in a glass case at a dried seafood shop in Hong Kong. A U.N. body best known for protecting tigers and elephants will take aim at the world's overfished oceans, considering proposals to regulate the shark trade and ban the export of a tuna species prized by sushi lovers, in a meeting starting Saturday in

Bordeaux vintners look to Asia to drain cellars

2010-03-16T10:17:56Z

<div><p>Hong Kong has emerged as the fastest growing wine hub while China's seemingly unquenchable thirst for wine has ousted the United States as Bordeaux's number one client outside Europe.</p><p>"Bordeaux holds a special place in China," said Don St. Pierre Jr., chief executive ...

China tightening fears send Asian markets lower

2010-03-15T03:15:49Z

<div><p>Speculation that China will take more steps to cool its economy hit sentiment in Asia Monday, with Shanghai and Hong Kong lower as risk-averse investors stayed on the sidelines.</p><p>Trade was relatively quiet ahead of meetings this week by ...

Chinese automaker BYD plans massive expansion

2010-03-15T01:15:43Z

<div><p>Chinese automaker BYD Co. said Monday it had massive expansion plans this year and would consider building a plant in the United States, a day after announcing annual profits had tripled.</p><p>The company, which has the backing of American billionaire Warren Buffett, said it will put aside 10...

Hong Kong airport's business back to pre-crisis levels

2010-03-14T09:15:52Z

<div><p>Hong Kong airport's passenger and cargo business has bounced back to levels seen before the global financial crisis hammered the aviation industry, the city's airport authority said Sunday.</p><p>Crediting a surge in travel during last month's Lunar New Year holiday, the authority said Hong Kong International Airport's Feb...

Chinese Women's Town: Humen Town, Dongguan City

2010-03-14T10:28:53Z

China's only a "Chinese Women's Town" - Humen, adjacent to Guangdong, Hong Kong and Macao, located in Guangzhou, Shenzhen, Air China rose Friday after the nation's flag carrier said it plans to raise more than 950 million dollars through a private share placement to boost capital and lower financing costs.</p><p>Air China, the country's second largest airline by fleet size, said it will raise 5.6 billion yuan (819.9 million dollars) by selling up to 585 million new yuan-denominated A shares.</p><p>The A-...

Lee Chong Wei secures badminton quarter-final berth

2010-03-11T13:15:53Z

<div><p>Malaysia's Lee Chong Wei beat Sony Dwi of Indonesia on Thursday to become the first player to book their place in the quarter-finals of the men's singles at the All-England Open.</p><p>The world number one from Malaysia came through 21-11, 21-17 against the Indonesian, a dangerous former winner of Olympic bronz...

Taiwan aims to rule on AIG unit's deal by June

2010-03-11T00:16:42Z

<div><p>Taiwan aims to make a decision by the end of June on the controversial sale of the local unit of American International Group (AIG) to a Hong Kong consortium, a top economic official said Thursday.</p><p>Deputy economic minister Hwang Jung-chiou also told a parliamentary brie...

Masterpieces, jewels sparkle in Sotheby's HK sales

2010-03-10T20:15:13Z

<div><p>HONG KONG (Reuters Life!) - Chinese collectors still have an appetite for classical Chinese art, jewels and rare artifacts, auction house Sotheby's said as it revealed the line-up of its Hong Kong sales, expected to net $221 million dollars.</p><p>With some once red-hot seg...

Cathay Pacific returns to profit in 2009

2010-03-10T09:16:04Z

<div><p>Cathay Pacific said Wednesday it returned to profit in 2009 despite a drop in the Hong Kong-based carrier's sales amid global economic turbulence.</p><p>The airline said the bulk of its 4.7 billion Hong Kong dollar (606 million Beijing.</p><p>China said exports in February rose at their fastest pace for three years, while its trade surplus also soared.</p><p>However, dealers were looking to the release of...

Scandal-plagued Citic Pacific books 2009 profit

2010-03-10T01:15:48Z

<div><p>Citic Pacific climbed back into the black last year, the scandal-plagued investment firm said Wednesday, after suffering massive losses from unauthorised currency trading bets in 2008.</p><p>The Hong Kong-listed conglomerate said it earned 5.9 billion Hong Kong dollars (760 million US dollars), or 1.63 per share, on revenues of 46.4 billion Hong Kong dollars...

Hong Kong man jailed for 'tax office' murder

2010-03-10T01:15:34Z

<div><p>A Hong Kong air-conditioning repairman has been jailed for life for killing a Thai woman and hiding her body in the city's main tax office, a court official said Wednesday.</p><p>So Kam-tong, 27, was found guilty of stabbing and suffocating Charitar Kamolnoranath, 40, in 2005 and then hiding the Thai tourist's body on top of a ventilation duct at the headquarters of the city's tax collection agency.</p><p&...

Corruption worsens in Indonesia: business survey

2010-03-09T11:16:19Z

<div><p>Indonesia remains the most corrupt country in Southeast Asia and graft is getting even worse, a poll of businessmen says, dealing a blow to the president's efforts to clean up the country.</p><p>The news comes as President Susilo Bambang Yudhoyono is under mounting pressure wit...

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