Word: kong
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...biggest surprises has been the relative calm of the Indian stock market. It is about where it was the day before the attacks, with no sudden drop or panicked selling. Yet investors have certainly noticed the attacks; Mark Matthews, chief Asia strategist for Merrill Lynch in Hong Kong, says that India missed the rally over the past week enjoyed by the rest of the Asian markets. "India didn't get a share of that bounce." In the long term, he says, investors may simply start thinking of India as a place where terror attacks happen regularly and price its market...
...BATHING APE - a streetwear icon that grew out of a hole-in-the-wall Harajuku storefront to become a Japanese Gen-Y obsession, an Asian fashion fetish and eventually a global phenomenon. Sold only in limited quantities and only through his A BATHING APE boutiques in Japan, Hong Kong, Los Angeles, New York and London, Nigo's clothes and footwear helped launch Tokyo's Harajuku district as a global epicenter of urban style and are today collected by aficionados worldwide. His empire now includes some 50 stores, a hair salon, art gallery, café, magazine and record label. Fifteen years...
...been six weeks since He Jun, a Hong Kong-listed company, shuttered two of its biggest factories in China - suddenly and without any warning, former workers say. They were among the latest and largest factory closures in China's battered low-end industries: toy manufacturers, textile companies and shoemakers most prominent among them. China's steadily appreciating renminbi (RMB) currency - which makes Chinese goods more expensive in key export markets like the U.S. - as well as higher costs embedded in a new labor law enacted last year were already wreaking havoc with companies that survived even in the best...
...party to strengthen guidance of public opinion in both new and old media. "This new policy is happening because these incidents are happening more and more often and they realize they can't control the spread of the news," says David Bandurski, a researcher at the University of Hong Kong's China Media Project. Bandurski says the Chongqing case was a textbook example of the new policy, which he calls "Control 2.0." The government attempts to set the agenda on controversial issues by allowing initial reporting by the likes of Xinhua. At the same time, Beijing bars reporters from...
...Foundation is Li's contribution toward that balance, and for its sake he has taken time out from films, becoming a full-time relief worker and traveling tirelessly on foundation business. This month he is set to appear at a Clinton Global Initiative meeting in Hong Kong. "Philanthropy is my passion and my life now," he says. "I wake up and eat and I'm thinking about it. I'm still thinking in the bath. I talk to everyone I can." It is difficult to name any other A-list celebrity, not even Bono, who has made such a total...