International Business News - HKG http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif China has clamped down further on issuing business visas, government officials said Thursday, in the latest expansion of already-tight entry restrictions for next month's Olympic Games. http://www.ibtimes.com/articles/20080724/china-clamps-down-on-issuing-business-visas.htm Thu, 24 Jul 2008 01:27:07 EDT The Hong Kong-based operator of a container ship that struck a bridge support in the San Francisco Bay last year has been indicted for allegedly doctoring paperwork in an attempt to thwart the investigation. http://www.ibtimes.com/data/articleimgs/96746-bay-spill.jpg http://www.ibtimes.com/articles/20080723/feds-charge-shipping-company-in-sf-bay-oil-spill.htm http://www.ibtimes.com/articles/20080723/feds-charge-shipping-company-in-sf-bay-oil-spill.htm Wed, 23 Jul 2008 23:09:13 EDT Standard & Poor's Inc. included 4 U.S. materials companies among 73 companies based in the United States that made its annual Global Challengers, a list released Wednesday of mid-sized companies that show the "highest growth characteristics." http://www.ibtimes.com/articles/20080723/s-p-names-4-us-materials-companies-likely-to-grow.htm Wed, 23 Jul 2008 16:49:01 EDT Standard & Poor's Inc. included 10 U.S. health care companies among 73 companies based in the U.S. that made its annual Global Challengers, a list released Wednesday of midsized companies that show the "highest growth characteristics." http://www.ibtimes.com/articles/20080723/s-p-names-10-us-health-companies-as-likely-to-grow.htm Wed, 23 Jul 2008 16:41:13 EDT Standard & Poor's Inc. included 15 U.S. industrial companies among 73 companies based in the United States that made its annual Global Challengers, a list released Wednesday of mid-sized companies that show the "highest growth characteristics." http://www.ibtimes.com/articles/20080723/s-p-names-15-us-industrials-as-likely-to-grow.htm Wed, 23 Jul 2008 16:29:50 EDT A Hong Kong-based company that operated the container ship that struck a bridge support in the San Francisco Bay last year has been indicted for allegedly doctoring paperwork in an attempt to thwart investigators looking into the incident. http://www.ibtimes.com/articles/20080723/feds-charge-shipping-company-in-sf-bay-oil-spill.htm Wed, 23 Jul 2008 15:32:54 EDT Hong Kong's stock market gained Wednesday on easing oil prices and an overnight rally on Wall Street. Refiners and airlines led the way. The blue-chip Hang Seng Index rose 607.07 points, or nearly 2.7 percent, 23,134.55. It was the benchmark's highest close in over a month. http://www.ibtimes.com/articles/20080723/hong-kong-stocks-rise-on-oil-decline-wall-street.htm Wed, 23 Jul 2008 08:09:21 EDT Asian stock markets resumed their upswing Wednesday, as another fall in oil prices and a strong performance on Wall Street lifted sentiment throughout the region. http://www.ibtimes.com/articles/20080723/asian-markets-gain-as-oil-prices-fall.htm Wed, 23 Jul 2008 05:01:52 EDT Hong Kong's stock market closed flat Tuesday after oil rose overnight and Wall Street turned in a shaky performance. The blue-chip Hang Seng Index fell 5.42 points, or about 0.02 percent, to 22,527.48 points in a volatile session marked by thin trade. http://www.ibtimes.com/articles/20080722/hk-stocks-flat-amid-oil-us-worries.htm Tue, 22 Jul 2008 07:02:19 EDT Most Asian markets closed little changed Tuesday, as a gain in oil prices and mixed results from U.S. companies led many investors to hold back after a two-day rally and wait for direction from Wall Street. http://www.ibtimes.com/articles/20080722/asian-markets-mostly-flat-after-rally.htm Tue, 22 Jul 2008 06:44:36 EDT Rising food and energy prices and volatility in financial markets are likely to ease this year's growth across emerging East Asia to 7.6 percent from 9 percent last year, the Asian Development Bank said Tuesday. http://www.ibtimes.com/articles/20080722/east-asian-growth-to-ease-to-7-6-percent.htm Tue, 22 Jul 2008 01:31:19 EDT Global Sources Ltd., an online business-to-business marketplace for import and export traders, said Monday that it began contracts to buy more office space in the city of Shenzhen, China, as part of the company's expansion in the country. http://www.ibtimes.com/articles/20080721/global-sources-to-buy-34-7-million-office-space.htm Mon, 21 Jul 2008 11:12:51 EDT Hong Kong's stock market extended its gains Monday as investors bought banks and property firms. The blue-chip Hang Seng Index added 658.71 points, or more than 3 percent, to 22,532.90. The benchmark rose 0.6 percent on Friday. http://www.ibtimes.com/articles/20080721/hong-kong-stocks-gain-as-investors-buy-banks.htm Mon, 21 Jul 2008 09:32:19 EDT Taiwan's main stock index climbed nearly 4 percent Monday, boosted by last week's strong performance on Wall Street and gains on regional bourses. The Weighted Price Index of the Taiwan Stock Exchange rose 270.35 points, or 3.97 percent, to 7,085.67 points. http://www.ibtimes.com/articles/20080721/taiwan-stock-index-up-almost-4-percent.htm Mon, 21 Jul 2008 09:28:26 EDT Asian stock markets rose Monday as sentiment improved thanks to lower crude oil prices and stronger-than-expected earnings from U.S. banks. In Hong Kong, the blue-chip Hang Seng Index climbed 714.18 points, or nearly 3.3 percent, to 22,591.79. Markets in South Korea, Taiwan and Australia also were up around 3 percent or more. http://www.ibtimes.com/articles/20080721/asian-markets-gain-after-oil-prices-sink.htm Mon, 21 Jul 2008 01:54:09 EDT Women's clothing retailer Talbots said Friday it finalized the terms of a $50 million credit facility with majority shareholder Aeon Inc., a U.S. subsidiary of Japanese conglomerate Aeon Co. http://www.ibtimes.com/articles/20080718/talbots-finalizes-terms-of-50m-credit-facility.htm Fri, 18 Jul 2008 12:47:55 EDT In the Soviet days, Russians asked their American friends to bring blue jeans, rock records and other Western goods into the country. Today Russians can buy almost anything they want here--but they are still begging for one item: Apple Inc.'s slick iPhone. http://www.ibtimes.com/data/articleimgs/93595-black-market-iphones.jpg http://www.ibtimes.com/articles/20080718/iphones-hot-even-in-places-apple-has-yet-to-reach.htm http://www.ibtimes.com/articles/20080718/iphones-hot-even-in-places-apple-has-yet-to-reach.htm Fri, 18 Jul 2008 12:32:01 EDT Bruce Lee fans are marking the 35th anniversary of his death with an exhibit featuring movie posters, magazine covers and books about the action star. http://www.ibtimes.com/data/articleimgs/93582-hong-kong-bruce-lee-exhibit.jpg http://www.ibtimes.com/articles/20080718/exhibit-marks-bruce-lees-death.htm http://www.ibtimes.com/articles/20080718/exhibit-marks-bruce-lees-death.htm Fri, 18 Jul 2008 09:51:09 EDT A Chinese dissident who wrote politically sensitive articles including some criticizing the government's handling of a devastating earthquake was formally arrested Friday on charges of allegedly possessing state secrets, a human rights group said. http://www.ibtimes.com/articles/20080718/group-says-chinese-internet-dissident-is-arrested.htm Fri, 18 Jul 2008 11:13:34 EDT Asian stock markets were mixed Friday as investors weighed lower crude oil prices against worse-than-expected earnings results from some American blue-chip companies. http://www.ibtimes.com/articles/20080718/asia-stocks-mixed-after-us-tech-earnings.htm Fri, 18 Jul 2008 14:28:50 EDT