Word: kong
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...increase in domestic gasoline and diesel prices, calling the move an "urgent step" needed to tamp down demand and encourage refiners to ramp up production. The price hike is likely to alleviate the shortages - that is, until the next increase in global crude prices, says Gordon Kwan, a Hong Kong-based oil and gas analyst for CLSA Ltd. "When retail prices [in China] are nearly a third lower than in the rest of the world, why would producers want to boost supply?" Kwan asks. "The best way to solve the problem is to lift government regulation on prices...
...very well pay off. "To have real staying power, contemporary art from India has to have universal appeal," says director of Mumbai's Bodhi Art Gallery Sharmistha Ray, who notes that most of the highest prices paid for Indian art at recent Christie's auctions in London and Hong Kong were from foreign buyers...
...What's especially worrisome to mental-health experts is that, because of gambling's roots in the region's culture, Asians may be more vulnerable to habitual gambling. The cliché that Asians, and Chinese in particular, love to gamble appears to have anecdotal and statistical support. Hong Kong - which bars casinos but has a $13 billion horse-racing, lottery and sports-book industry - has one of the highest per capita betting averages in the world (about $2,000 annually), according to figures from the Hong Kong Jockey Club. And rates of addiction appear to be higher. A 2004 study...
...justice, why not do the same with Burma's junta? If we are waiting for China to pressure Burma to change, we will have a long, long wait. China has to become a democratic country first; otherwise, how can China advise others to be democratic? John C.M. Lee, HONG KONG...
...went foul when the ladies organized an event in Boston that none of their under-21 punches could enter. After lounging outside for a while, everyone headed over to their favorite final club basement, which is where they really wanted to be anyways...Literal punches were thrown at the Kong on Friday night, as a crew of Kirkland ladies jostled with townies in the upstairs room. Final tally: townies booted out, students stayed. Cambridge 0, Harvard KO...Rumor has it there was a fight in Lowell, though our sources tell us that rap music was the culprit...