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World News
•  Ike lashes Cuba, weakens to Category 2 hurricane (AP)

•  At least 9 killed in Pakistan militant stronghold (AP)

•  Flooding from Ike kills 58 in rain-soaked Haiti (AP)

•  US re-examines Afghan civilian deaths from attack (AP)

•  World Court begins Georgia-Russia case (AP)

•  Lauda slams stewards decision on Hamilton as 'worst ever' (AFP)

•  Death toll in Egypt rock slide at 47 (AP)

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Forex Markets
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1 USD = AED (3.672497)
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1 USD = AUD (1.224886)
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1 USD = CAD (1.064099)
1 USD = CHF (1.116798)
1 USD = CLP (515.907974)
1 USD = CNY (6.843558)
1 USD = COP (2,017.523213)
1 USD = CYP (0.397638)
1 USD = CZK (17.420919)
1 USD = DKK (5.233486)
1 USD = EUR (0.701898)
1 USD = GBP (0.568566)
1 USD = HUF (169.899516)
1 USD = IDR (9,328.944986)
1 USD = ILS (3.585980)
1 USD = INR (44.370005)
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1 USD = ISK (88.199959)
1 USD = JPY (106.749994)
1 USD = KRW (1,135.698213)
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1 USD = PKR (60.663061)
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1 USD = SEK (6.640005)
1 USD = SGD (1.436393)
1 USD = SIT (182.153095)
1 USD = THB (34.415914)
1 USD = TTD (6.220605)
1 USD = USD (1.000000)
1 USD = VEB (2,127.513931)
1 USD = ZAR (8.044965)
Business and Finance 

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•  China and Japan hail U.S. mortgage rescue as doubts linger (Reuters)

•  Altria to buy UST for $10.3 billion: report (Reuters)

•  Boeing strike impact to be felt globally (Reuters)

•  Freddie, Fannie plan protects taxpayers: Paulson (Reuters)

•  Russia aims to corner energy market: U.S. official (Reuters)

•  Wall Street wobbles as economic landscape shifts (AP)

•  Futures rally after Fannie, Freddie bailout (Reuters)

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Hong Kong
Tourism
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Discover Hong Kong
  • On Economy, Voters Move to the Left in Hong Kong
    Chinese national pride after the Olympics and growing distress over inflation combined to produce a leftward shift in Hong Kong legislative elections on Sunday.

  • Cost-Cutting in New York, but a Boom in India
    Wall Street?s losses are fast becoming India?s gain, as jobs higher up the financial food chain are being exported to India and places less costly than New York and London.

  • Tropical Storm Forces Closures in Hong Kong
    Businesses, government offices, financial markets and schools were closed Wednesday in Hong Kong and Macau with the approach of a severe tropical storm.

  • Tropical Storm Forces Closures in Hong Kong
    The approach of severe tropical storm Kammuri affected businesses, government offices, financial markets and schools.

  • Hong Kong Warns of Strong Storm Ahead of Games
    Hong Kong?s meteorological agency issued an early warning of a strong storm arriving in the days before the Olympic equestrian events start.

  • Flush With Cash, More Asian Tourists Flock to Japan
    Once prohibitively expensive, Japan is suddenly drawing soaring numbers of Asian tourists a sign of big economic changes in one of the world?s most dynamic regions.

  • Vigil for Tiananmen Dead Draws Fewer in Hong Kong
    Enthusiasm for the coming Olympic Games and sympathy for victims of the May 12 earthquake combined to weaken the city?s once-vigorous protest movement.




  • Wine Auction in Hong Kong
    A wine auction in Hong Kong raised more than 64 million Hong Kong dollars (about $8 million) on Saturday, breaking an Asian record for wine auctions.

  • One Country, Two Systems in Hong Kong Press
    In Hong Kong?s boisterous media, daily newspapers and local television news programs regularly carry photos and reports that would be banned on the Chinese mainland.

  • Torch Nears, Posing Test of Autonomy in Hong Kong
    The Olympic torch relay in Hong Kong on Friday, the first on Chinese soil, is turning into a broader struggle over Hong Kong?s evolving role as an autonomous territory of China.

  • A Fourth Budget Carrier Halts Operations
    Oasis Hong Kong Airlines, a long-haul budget carrier that tried to offer premium service and spacious seats at low prices, suddenly went into liquidation on Wednesday.

  • Pilot Fired Over a Low-Flying Salute
    A Cathay Pacific pilot has been dismissed for making a low-level airfield fly-by in January that the airline says was unauthorized.

  • Banker Leaves Hong Kong Post
    David Li, the Hong Kong banker and lawmaker who is paying $8.1 million to settle an insider-trading case involving Dow Jones, resigned from his city council post.

  • Internet Sex Video Case Stirs Free-Speech Issues in Hong Kong
    Several arrests in Hong Kong for posting sexually explicit images of what appear to be some of Asia?s best-known pop stars has led to a debate over free speech on the Web.

  • China Frees a Journalist It Accused of Spying
    China freed a Hong Kong journalist jailed on charges of spying for Taiwan following an international campaign calling for his release.
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