Toyota Motor to quit F1 racing after 2010 season

Here is a shocker ... Toyota Motor Company follows the lead of Honda and gives up on Formula 1. That's right, Toyota will compete for only one more season and focus on building hybrids! "Toyota Motor Corp. ...

Hong Kong's ghostly seas warn of looming global tragedy

Shark fins for sale.Death in Hong Kong: Polluted seas warn of looming tragedyHONG KONG — The live fish facing death in the glass tanks in Hong Kong's famous seafood restaurants tell a strange and haunting tale of...

World markets fall 1.5% on Wednesday -weak U.S. consumer report

As evidence mounts, that the U.S. consumers will not return to their spendthrift ways, Asian markets overnight fell by 1.5%. The U.S. Dollar lost ground against the Japanese Yen and Oil dropped below...

HKEx Announces Temporary Holiday Risk Management Arrangements

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements. HSI, MHI, HHI and MCH Futures Markets There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI),...

Palin to Speak US Foreign Policy in Hong Kong, Closed Session

Former Alaskan governor and US vice-presidential nominee Sarah Palin is due to speak in Hong Kong on Wednesday about her views on US foreign policy, health care, and governance at a CLSA Investor Forum.  This...

Canadians in Battle of Hong Kong honoured

Canadians finally showed gratitude to a small forgotten group of 2000 soldiers, 68 years later.  Hong Kong was under British rule in 1941 and when the Japanese invaded , 2000 Canadians battled them against all...

RP seizes $10.4 million smuggled diamonds

" MANILA -- A British woman has been arrested for allegedly smuggling $10.4 million worth of diamonds into the Philippines, an official said Friday. Officers from the presidential anti-smuggling group arrested...

Human rights group deplores torture of Baluch students

An international organization working as a watch-dog on human rights violations in Asia has taken a serious note of torture of students in the restive Baluchistan province, where an insurgency which the Baluch...

Typhoon Molave On Crash Course With Hong Kong

Severe tropical storm Molave has continued to track west to west northwest overnight and appears to be on a crash course with Hong Kong and southern China within the next 24 hours. According to the Hong Kong...

Baby Among New Sufferers As Malaysia Swine Flu Cases Jump 4 Times

Malaysia swine flu sufferers has jumped fourfold within one week. And today,it jumped further by another 11 new cases,including a toddler,aged 19 months. Among the earlier confirmed cases is a six-month-old baby...

Swine Flu Rampage

The influenza A(H1N1) virus has gone on a rampage resulting in the closure of four Malaysian primary schools and classes in three other schools.Tonight at 8p.m. Malaysian time,TV 7 reported SRK Assunta 1 and Seri...

Swine Flu Closes More Schools But Hong Kong Residents Are Calm

The swine flu outbreak continues to close schools around the Hong Kong area. Residents, however, remain nonplussed. Francesca Ayala reports. " HONG KONG -- Residents here say the recent precautions the...

Why the WHO declared a Swine FLU Global pandemic

Swine Flu is back in the media at least, but in physical reality it never went away! To cut a long story short, the reason why the WHO declared Swine FLU as a global pandemic is due to the spreading of the virus in at least 2 regions of the world, with an elevated number of...

Hong Kong's Third Acid Attack in Six Months Injures 24

At least 24 people were hurt on Tuesday when someone threw a jar filled with acid was dropped on shoppers in Hong Kong's busy Mong Kok shopping district. None of the 24 hit in the attack, including a  four-year-old child. This is the third such attack in the last six...

Bodyguards of President Mugabe's daughter will not be prosecuted

On February 13th, two photographers, one British and the other American were assaulted in Hong Kong by two bodyguards of the Zimbabwe President's daughter. The two bodyguards will not be prosecuted for the assault." Hong Kong - Two bodyguards protecting the daughter of...

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