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When Britain's Cable & Wireless, which owned 54% of Hongkong Telecom, announced its intention to spin off non-core businesses like HKT, Richard realized that HKT had assets he could use. Chief among them: its broadband Internet service, which has 100,000 customers; its cellular-phone system and the potential of new, third-generation cellular technology to enable Internet access; and rights to a valuable deal signed by Murdoch's Star TV to provide television shows for HKT's broadband network. He eventually offered shareholders a package of shares and cash that could cost him $12 billion...

Author: /time Magazine | Title: Like Father, Like Son | 4/10/2000 | See Source »

...peerage, but no Pritzker as yet), is a pivotal figure in British architecture. But his buildings have risen all over the world, from Germany to China, and at present his practice employs some 500 people. His influence on the profession is enormous. His 1985 tower for the Hongkong & Shanghai Bank headquarters in Hong Kong, for instance, reversed the general dogma that a high-rise office block had to have a solid central core: it is not a "block" but a frame, a vertical web whose generous, open ground level has become a Sunday gathering spot for Hong Kong's Filipina...

Author: /time Magazine | Title: Architecture: Norman Foster: Lifting The Spirit | 4/19/1999 | See Source »

...HONGKONG AND SHANGHAI BANK, 1985 Architect: Norman Foster All the workings of a high rise--from escalator machinery to cross braces--are displayed in Hong Kong's forceful steel-and-glass tower...

Author: /time Magazine | Title: Five Buildings For The Ages | 6/8/1998 | See Source »

...event unique to the class of 1998 was the"Kickoff at the Kong,"--a celebration at the HongKong, the popular Chinese restaurant in theSquare, on the 98th day before graduation--whichmarked the beginning of a long chain of events forthis year's seniors...

Author: By Hoon-jung Kim, CRIMSON STAFF WRITER | Title: Class Day Grows Over the Years | 6/3/1998 | See Source »

...sovereignty in 1997. Said he: "I do have confidence in the future of Hong Kong, but sadly I cannot convince others." Hong Kong's left-wing newspapers, which often reflect Beijing's views, accused the bank of abandoning the colony and damaging public confidence. Editorialized one of them: "The Hongkong bank wants to retain its privileges. It just doesn't want to accept any responsibility...

Author: /time Magazine | Title: BANKING: Same Place, New Address | 12/31/1990 | See Source »

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