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1. Hang Seng closes 213 lower (Tue 28 Aug 2007 16:22:00 0800)
The Hang Seng Index ended the day at 23363 - that’s 213 down on the previous close. In currenciesthe American dollar’s trading at 115.45 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

2. Big rise in Smartone profits (Tue 28 Aug 2007 18:28:43 0800)
Smartone Telecommunications says full-year profit more than doubled on increased use of its third generation wireless network. Net income for the year was $158-million compared with $70- million a year earlier. Sales rose to over $4-million. Smartone is the territory’s third largest mobile phone service provider.

3. Competition cuts China Telecom profits (Tue 28 Aug 2007 18:33:36 0800)
China Telecom - the nation’s biggest fixed line operator - has reported a decline in first half profit due to competition from China Mobile and China Unicom. Net income fell to 13.48 billion yuan from a restated 14.17 billion yuan a year earlier. Sales rose to 88 billion yuan. Reports say more and more people are siging up for wireless phone services rather than fixed lines lured by lower rates from China Mobile and China Unicom.

4. Hang Seng higher (Tue 28 Aug 2007 11:15:40 0800)
A short time ago the Hang Seng index was 23710 - that’s 133 points up on the previous close. In currencies the American dollar’s trading at 115.67 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

5. Hang Seng lower (Tue 28 Aug 2007 15:04:19 0800)
A short time ago the Hang Seng index was 23539 - that’s 38 down on the previous close. In currencies the American dollar’s trading at 115.63 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

6. Hang Seng closes 213 lower (Tue 28 Aug 2007 16:22:00 0800)
The Hang Seng Index ended the day at 23363 - that’s 213 down on the previous close. In currenciesthe American dollar’s trading at 115.45 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

7. Big rise in Smartone profits (Tue 28 Aug 2007 18:28:43 0800)
Smartone Telecommunications says full-year profit more than doubled on increased use of its third generation wireless network. Net income for the year was $158-million compared with $70- million a year earlier. Sales rose to over $4-million. Smartone is the territory’s third largest mobile phone service provider.

8. Competition cuts China Telecom profits (Tue 28 Aug 2007 18:33:36 0800)
China Telecom - the nation’s biggest fixed line operator - has reported a decline in first half profit due to competition from China Mobile and China Unicom. Net income fell to 13.48 billion yuan from a restated 14.17 billion yuan a year earlier. Sales rose to 88 billion yuan. Reports say more and more people are siging up for wireless phone services rather than fixed lines lured by lower rates from China Mobile and China Unicom.

9. China says design fault mainly to blame for US toy giant’s product recall (Tue 28 Aug 2007 00:32:01 0800)
China has again defended the quality of its exports and says a design fault was mostly to blame for US toy giant Mattel’s recent recall of millions of products. The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85 per cent of the roughly 20-million toys that Mattel recalled had design faults. He said only 15 per cent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

10. Hong Kong stock market closes at record high (Tue 28 Aug 2007 01:32:38 0800)
The Hong Kong stock market has closed at a record high on the strongest ever turnover. The Hang Seng Index rose 655-points to 23577. Turnover reached 126.3 billion dollars.

11. Overseas labour unions come to support HK metal workers (Tue 28 Aug 2007 01:33:44 0800)
Three overseas labour unions have come to Hong Kong to support metal workers who are now into the 20th day of a strike for higher pay and shorter working hours. The groups say they plan to donate money to the fighting fund set up by the Confederation of Trade Unions to support the strike. The leader of the Transport Workers Union of Australia Tony Sheldon said the industrial action here was more difficult to resolve than in other places.

12. IATA clears way for air travel based entirely on electronic ticketing (Tue 28 Aug 2007 09:27:59 0800)
The global airline body IATA has placed its last order for paper tickets - clearing the way for air travel to be based entirely on electronic ticketing from June next year. The changeover from paper will not only cut airlines’ costs but will also mean the industry will save the equivalent in paper of 50000 trees a year. China host to next year’s Olympic Games is destined to become the first country in the world to operate an entirely paper-free ticketing system by the end of this year.

13. Hang Seng higher (Tue 28 Aug 2007 11:15:40 0800)
A short time ago the Hang Seng index was 23710 - that’s 133 points up on the previous close. In currencies the American dollar’s trading at 115.67 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

14. Hang Seng lower (Tue 28 Aug 2007 15:04:19 0800)
A short time ago the Hang Seng index was 23539 - that’s 38 down on the previous close. In currencies the American dollar’s trading at 115.63 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

15. Hang Seng closes 213 lower (Tue 28 Aug 2007 16:22:00 0800)
The Hang Seng Index ended the day at 23363 - that’s 213 down on the previous close. In currenciesthe American dollar’s trading at 115.45 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

16. Big rise in Smartone profits (Tue 28 Aug 2007 18:28:43 0800)
Smartone Telecommunications says full-year profit more than doubled on increased use of its third generation wireless network. Net income for the year was $158-million compared with $70- million a year earlier. Sales rose to over $4-million. Smartone is the territory’s third largest mobile phone service provider.

17. Competition cuts China Telecom profits (Tue 28 Aug 2007 18:33:36 0800)
China Telecom - the nation’s biggest fixed line operator - has reported a decline in first half profit due to competition from China Mobile and China Unicom. Net income fell to 13.48 billion yuan from a restated 14.17 billion yuan a year earlier. Sales rose to 88 billion yuan. Reports say more and more people are siging up for wireless phone services rather than fixed lines lured by lower rates from China Mobile and China Unicom.

18. China says design fault mainly to blame for US toy giant’s product recall (Tue 28 Aug 2007 00:32:01 0800)
China has again defended the quality of its exports and says a design fault was mostly to blame for US toy giant Mattel’s recent recall of millions of products. The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85 per cent of the roughly 20-million toys that Mattel recalled had design faults. He said only 15 per cent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

19. Hong Kong stock market closes at record high (Tue 28 Aug 2007 01:32:38 0800)
The Hong Kong stock market has closed at a record high on the strongest ever turnover. The Hang Seng Index rose 655-points to 23577. Turnover reached 126.3 billion dollars.

20. Overseas labour unions come to support HK metal workers (Tue 28 Aug 2007 01:33:44 0800)
Three overseas labour unions have come to Hong Kong to support metal workers who are now into the 20th day of a strike for higher pay and shorter working hours. The groups say they plan to donate money to the fighting fund set up by the Confederation of Trade Unions to support the strike. The leader of the Transport Workers Union of Australia Tony Sheldon said the industrial action here was more difficult to resolve than in other places.

21. IATA clears way for air travel based entirely on electronic ticketing (Tue 28 Aug 2007 09:27:59 0800)
The global airline body IATA has placed its last order for paper tickets - clearing the way for air travel to be based entirely on electronic ticketing from June next year. The changeover from paper will not only cut airlines’ costs but will also mean the industry will save the equivalent in paper of 50000 trees a year. China host to next year’s Olympic Games is destined to become the first country in the world to operate an entirely paper-free ticketing system by the end of this year.

22. Hang Seng higher (Tue 28 Aug 2007 11:15:40 0800)
A short time ago the Hang Seng index was 23710 - that’s 133 points up on the previous close. In currencies the American dollar’s trading at 115.67 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

23. Hang Seng lower (Tue 28 Aug 2007 15:04:19 0800)
A short time ago the Hang Seng index was 23539 - that’s 38 down on the previous close. In currencies the American dollar’s trading at 115.63 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

24. Hang Seng closes 213 lower (Tue 28 Aug 2007 16:22:00 0800)
The Hang Seng Index ended the day at 23363 - that’s 213 down on the previous close. In currenciesthe American dollar’s trading at 115.45 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 64 cents.

25. Big rise in Smartone profits (Tue 28 Aug 2007 18:28:43 0800)
Smartone Telecommunications says full-year profit more than doubled on increased use of its third generation wireless network. Net income for the year was $158-million compared with $70- million a year earlier. Sales rose to over $4-million. Smartone is the territory’s third largest mobile phone service provider.

26. Competition cuts China Telecom profits (Tue 28 Aug 2007 18:33:36 0800)
China Telecom - the nation’s biggest fixed line operator - has reported a decline in first half profit due to competition from China Mobile and China Unicom. Net income fell to 13.48 billion yuan from a restated 14.17 billion yuan a year earlier. Sales rose to 88 billion yuan. Reports say more and more people are siging up for wireless phone services rather than fixed lines lured by lower rates from China Mobile and China Unicom.

27. China says design fault mainly to blame for US toy giant’s product recall (Tue 28 Aug 2007 00:32:01 0800)
China has again defended the quality of its exports and says a design fault was mostly to blame for US toy giant Mattel’s recent recall of millions of products. The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85 per cent of the roughly 20-million toys that Mattel recalled had design faults. He said only 15 per cent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

28. Hong Kong stock market closes at record high (Tue 28 Aug 2007 01:32:38 0800)
The Hong Kong stock market has closed at a record high on the strongest ever turnover. The Hang Seng Index rose 655-points to 23577. Turnover reached 126.3 billion dollars.

29. Overseas labour unions come to support HK metal workers (Tue 28 Aug 2007 01:33:44 0800)
Three overseas labour unions have come to Hong Kong to support metal workers who are now into the 20th day of a strike for higher pay and shorter working hours. The groups say they plan to donate money to the fighting fund set up by the Confederation of Trade Unions to support the strike. The leader of the Transport Workers Union of Australia Tony Sheldon said the industrial action here was more difficult to resolve than in other places.

30. IATA clears way for air travel based entirely on electronic ticketing (Tue 28 Aug 2007 09:27:59 0800)
The global airline body IATA has placed its last order for paper tickets - clearing the way for air travel to be based entirely on electronic ticketing from June next year. The changeover from paper will not only cut airlines’ costs but will also mean the industry will save the equivalent in paper of 50000 trees a year. China host to next year’s Olympic Games is destined to become the first country in the world to operate an entirely paper-free ticketing system by the end of this year.

1. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

2. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

3. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

4. Big rise in mainland insurer’s interim profits    (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.

5. China says design fault mainly to blame for US toy giant’s product recall    (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

6. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

7. Hang Seng closes 655 higher    (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.

8. Big rise in mainland insurer’s interim profits    (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.

9. China says design fault mainly to blame for US toy giant’s product recall    (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

10. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

11. HK stocks hit new high on record breaking day    (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.

12. Hang Seng closes 655 higher    (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.

13. Big rise in mainland insurer’s interim profits    (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.

14. China says design fault mainly to blame for US toy giant’s product recall    (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

15. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

16. HK stocks hit new high on record breaking day    (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.

17. Hang Seng closes 655 higher    (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.

18. Big rise in mainland insurer’s interim profits    (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.

19. China says design fault mainly to blame for US toy giant’s product recall    (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

20. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

21. Hang Seng makes gains    (Mon 27 Aug 2007 15:36:03 0800)
A short time ago the Hang Seng index was 23368 - that’s 446 up on the previous close. In currencies the American dollar’s trading at 116.19 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 75 cents.

22. HK stocks hit new high on record breaking day    (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.

23. Hang Seng closes 655 higher    (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.

24. Big rise in mainland insurer’s interim profits    (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.

25. China says design fault mainly to blame for US toy giant’s product recall    (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.

26. French president hits out at China’s management of its currency levels    (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.

27. Hang Seng sharply higher    (Mon 27 Aug 2007 12:56:52 0800)
The Hong Kong stock market has gained two percent following the recovery on Wall Street last week. The Hang Seng Index ended the morning session 450 points higher at 23372. The market was boosted by China Mobile after a surge in the price of its American depositary receipts on Friday. Property stocks also rose on hopes of an interest rate cut by the US Federal Reserve.

28. Hang Seng makes gains    (Mon 27 Aug 2007 15:36:03 0800)
A short time ago the Hang Seng index was 23368 - that’s 446 up on the previous close. In currencies the American dollar’s trading at 116.19 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 75 cents.

29. HK stocks hit new high on record breaking day    (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.

30. Hang Seng closes 655 higher    (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.

1. Ecuador wins Athletics gold    (Sun 26 Aug 2007 13:00:28 0800)
Ecuador’s Jefferson Perez has become the first man to win a hat-trick of titles in the 20 kilometre walk outclassing the competition in the World Championship in Osaka. Tunisia’s Hatem Ghoula was second — to earn his country’s first ever world championships medal. Eder Sanchez of Mexico was third.

2. Ecuador wins Athletics gold    (Sun 26 Aug 2007 13:00:28 0800)
Ecuador’s Jefferson Perez has become the first man to win a hat-trick of titles in the 20 kilometre walk outclassing the competition in the World Championship in Osaka. Tunisia’s Hatem Ghoula was second — to earn his country’s first ever world championships medal. Eder Sanchez of Mexico was third.

3. Ecuador wins Athletics gold    (Sun 26 Aug 2007 13:00:28 0800)
Ecuador’s Jefferson Perez has become the first man to win a hat-trick of titles in the 20 kilometre walk outclassing the competition in the World Championship in Osaka. Tunisia’s Hatem Ghoula was second — to earn his country’s first ever world championships medal. Eder Sanchez of Mexico was third.

4. Ecuador wins Athletics gold    (Sun 26 Aug 2007 13:00:28 0800)
Ecuador’s Jefferson Perez has become the first man to win a hat-trick of titles in the 20 kilometre walk outclassing the competition in the World Championship in Osaka. Tunisia’s Hatem Ghoula was second — to earn his country’s first ever world championships medal. Eder Sanchez of Mexico was third.

5. Ecuador wins Athletics gold    (Sun 26 Aug 2007 13:00:28 0800)
Ecuador’s Jefferson Perez has become the first man to win a hat-trick of titles in the 20 kilometre walk outclassing the competition in the World Championship in Osaka. Tunisia’s Hatem Ghoula was second — to earn his country’s first ever world championships medal. Eder Sanchez of Mexico was third.

6. Ecuador wins Athletics gold    (Sun 26 Aug 2007 13:00:28 0800)
Ecuador’s Jefferson Perez has become the first man to win a hat-trick of titles in the 20 kilometre walk outclassing the competition in the World Championship in Osaka. Tunisia’s Hatem Ghoula was second — to earn his country’s first ever world championships medal. Eder Sanchez of Mexico was third.

1. Wheat prices soar to all time high    (Fri 24 Aug 2007 20:19:18 0800)
The price of wheat in the international commodity exchanges has reached an all time high with the price of a bushel in Chicago rising to seven dollars fifty-four cents. Earlier Canadian officials said they were expecting this year’s harvest to be twenty per cent lower than last year because of bad weather.

2. Hang Seng lower    (Fri 24 Aug 2007 15:52:48 0800)
A short time ago the Hang Seng index was 22857 - that’s 109 down on the previous close. In currencies the American dollar’s trading at 116.04 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

3. Hang Seng closes 45 lower    (Fri 24 Aug 2007 16:22:19 0800)
The Hang Seng Index ended the day at 22921 - that’s 45 down on the previous close. In currenciesthe American dollar’s trading at 116.07 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

4. Wheat prices soar to all time high    (Fri 24 Aug 2007 20:19:18 0800)
The price of wheat in the international commodity exchanges has reached an all time high with the price of a bushel in Chicago rising to seven dollars fifty-four cents. Earlier Canadian officials said they were expecting this year’s harvest to be twenty per cent lower than last year because of bad weather.

5. Hang Seng lower    (Fri 24 Aug 2007 11:55:55 0800)
A short time ago the Hang Seng index was 22769 - that’s 197 points down on the previous close. In currencies the American dollar’s trading at 116.33 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

6. Hang Seng 184 lower in morning trading    (Fri 24 Aug 2007 12:46:52 0800)
The Hang Seng Index ended the morning at 22782 - that’s 184 points down on the last close. Turnover was 44.8 billion dollars.

7. Hang Seng lower    (Fri 24 Aug 2007 15:52:48 0800)
A short time ago the Hang Seng index was 22857 - that’s 109 down on the previous close. In currencies the American dollar’s trading at 116.04 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

8. Hang Seng closes 45 lower    (Fri 24 Aug 2007 16:22:19 0800)
The Hang Seng Index ended the day at 22921 - that’s 45 down on the previous close. In currenciesthe American dollar’s trading at 116.07 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

9. Wheat prices soar to all time high    (Fri 24 Aug 2007 20:19:18 0800)
The price of wheat in the international commodity exchanges has reached an all time high with the price of a bushel in Chicago rising to seven dollars fifty-four cents. Earlier Canadian officials said they were expecting this year’s harvest to be twenty per cent lower than last year because of bad weather.

10. HK shares open lower on profit taking    (Fri 24 Aug 2007 10:27:47 0800)
Hong Kong shares have opened lower. Dealers said investors stepped in to take profits following Wall Street’s lacklustre overnight performance dealers said. In early trade the Hang Seng Index fell 248.43 points or 1.1 per cent to 22718. The profit-taking follows a four-day rally that wiped out last week’s losses on the benchmark index. In New York the Dow Jones Industrial Average closed down 0.25 points at 13235.

11. Hang Seng lower    (Fri 24 Aug 2007 11:55:55 0800)
A short time ago the Hang Seng index was 22769 - that’s 197 points down on the previous close. In currencies the American dollar’s trading at 116.33 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

12. Hang Seng 184 lower in morning trading    (Fri 24 Aug 2007 12:46:52 0800)
The Hang Seng Index ended the morning at 22782 - that’s 184 points down on the last close. Turnover was 44.8 billion dollars.

13. Hang Seng lower    (Fri 24 Aug 2007 15:52:48 0800)
A short time ago the Hang Seng index was 22857 - that’s 109 down on the previous close. In currencies the American dollar’s trading at 116.04 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

14. Hang Seng closes 45 lower    (Fri 24 Aug 2007 16:22:19 0800)
The Hang Seng Index ended the day at 22921 - that’s 45 down on the previous close. In currenciesthe American dollar’s trading at 116.07 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

15. Wheat prices soar to all time high    (Fri 24 Aug 2007 20:19:18 0800)
The price of wheat in the international commodity exchanges has reached an all time high with the price of a bushel in Chicago rising to seven dollars fifty-four cents. Earlier Canadian officials said they were expecting this year’s harvest to be twenty per cent lower than last year because of bad weather.

16. HK shares open lower on profit taking    (Fri 24 Aug 2007 10:27:47 0800)
Hong Kong shares have opened lower. Dealers said investors stepped in to take profits following Wall Street’s lacklustre overnight performance dealers said. In early trade the Hang Seng Index fell 248.43 points or 1.1 per cent to 22718. The profit-taking follows a four-day rally that wiped out last week’s losses on the benchmark index. In New York the Dow Jones Industrial Average closed down 0.25 points at 13235.

17. Hang Seng lower    (Fri 24 Aug 2007 11:55:55 0800)
A short time ago the Hang Seng index was 22769 - that’s 197 points down on the previous close. In currencies the American dollar’s trading at 116.33 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

18. Hang Seng 184 lower in morning trading    (Fri 24 Aug 2007 12:46:52 0800)
The Hang Seng Index ended the morning at 22782 - that’s 184 points down on the last close. Turnover was 44.8 billion dollars.

19. Hang Seng lower    (Fri 24 Aug 2007 15:52:48 0800)
A short time ago the Hang Seng index was 22857 - that’s 109 down on the previous close. In currencies the American dollar’s trading at 116.04 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

20. Hang Seng closes 45 lower    (Fri 24 Aug 2007 16:22:19 0800)
The Hang Seng Index ended the day at 22921 - that’s 45 down on the previous close. In currenciesthe American dollar’s trading at 116.07 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

21. Wheat prices soar to all time high    (Fri 24 Aug 2007 20:19:18 0800)
The price of wheat in the international commodity exchanges has reached an all time high with the price of a bushel in Chicago rising to seven dollars fifty-four cents. Earlier Canadian officials said they were expecting this year’s harvest to be twenty per cent lower than last year because of bad weather.

22. US to pressure China on export safety at APEC summit    (Fri 24 Aug 2007 10:14:52 0800)
The United States will press China to do more to ensure the safety of its exports at a regional summit meeting next month in Australia. This was revealed by the US Commerce Secretary Carlos Gutierrez in a call with the President’s Export Council an advisory group made up of top US industry officials and members of Congress and the Bush administration. President Bush and other leaders of the 21 member economies of the Asia-Pacific Economic Cooperation forum will hold their annual meeting from September 7 to 9 in Sydney.

23. HK shares open lower on profit taking    (Fri 24 Aug 2007 10:27:47 0800)
Hong Kong shares have opened lower. Dealers said investors stepped in to take profits following Wall Street’s lacklustre overnight performance dealers said. In early trade the Hang Seng Index fell 248.43 points or 1.1 per cent to 22718. The profit-taking follows a four-day rally that wiped out last week’s losses on the benchmark index. In New York the Dow Jones Industrial Average closed down 0.25 points at 13235.

24. Hang Seng lower    (Fri 24 Aug 2007 11:55:55 0800)
A short time ago the Hang Seng index was 22769 - that’s 197 points down on the previous close. In currencies the American dollar’s trading at 116.33 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 66 cents.

25. Hang Seng 184 lower in morning trading    (Fri 24 Aug 2007 12:46:52 0800)
The Hang Seng Index ended the morning at 22782 - that’s 184 points down on the last close. Turnover was 44.8 billion dollars.

26. Hang Seng lower    (Fri 24 Aug 2007 15:52:48 0800)
A short time ago the Hang Seng index was 22857 - that’s 109 down on the previous close. In currencies the American dollar’s trading at 116.04 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

27. Hang Seng closes 45 lower    (Fri 24 Aug 2007 16:22:19 0800)
The Hang Seng Index ended the day at 22921 - that’s 45 down on the previous close. In currenciesthe American dollar’s trading at 116.07 yen. The euro is standing at 1 American dollar 35 cents. And the pound is worth 15 Hong Kong dollars 62 cents.

28. Wheat prices soar to all time high    (Fri 24 Aug 2007 20:19:18 0800)
The price of wheat in the international commodity exchanges has reached an all time high with the price of a bushel in Chicago rising to seven dollars fifty-four cents. Earlier Canadian officials said they were expecting this year’s harvest to be twenty per cent lower than last year because of bad weather.

29. US to pressure China on export safety at APEC summit    (Fri 24 Aug 2007 10:14:52 0800)
The United States will press China to do more to ensure the safety of its exports at a regional summit meeting next month in Australia. This was revealed by the US Commerce Secretary Carlos Gutierrez in a call with the President’s Export Council an advisory group made up of top US industry officials and members of Congress and the Bush administration. President Bush and other leaders of the 21 member economies of the Asia-Pacific Economic Cooperation forum will hold their annual meeting from September 7 to 9 in Sydney.

30. HK shares open lower on profit taking    (Fri 24 Aug 2007 10:27:47 0800)
Hong Kong shares have opened lower. Dealers said investors stepped in to take profits following Wall Street’s lacklustre overnight performance dealers said. In early trade the Hang Seng Index fell 248.43 points or 1.1 per cent to 22718. The profit-taking follows a four-day rally that wiped out last week’s losses on the benchmark index. In New York the Dow Jones Industrial Average closed down 0.25 points at 13235.

1. HSBC closing US office hit by mortgage crisis    (Wed 22 Aug 2007 17:22:04 0800)
Banking giant HSBC says it’ll close an office in the United States next year because of declining mortgage business. It told the 600 staff in its Indiana office late last week that it will be closed by the middle of next year citing a mismatch between staffing levels and mortgage business. The worsening subprime housing problem forced the bank to issue a rare profit warning early this year.

2. Hang Seng closes 617 higher    (Wed 22 Aug 2007 17:42:44 0800)
The Hang Seng Index ended the day at 22346 - that’s up 617 points on the previous close. In currenciesthe American dollar’s trading at 114.91 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 49 cents.

3. 44% rise in Citic’s interim profit    (Wed 22 Aug 2007 18:56:48 0800)
The Hong Kong arm of Beijing’s state-owned investment company Citic Pacific says its first-half profit surged 44 percent to just under $5-billion. It benefitted from the listing of its telecom unit as well as a doubling of profit for its steel manufacturing business. The company is proposing a special dividend of 20 cents per share on top of an interim dividend of 40 cents.

4. Hang Seng surges higher    (Wed 22 Aug 2007 15:28:02 0800)
Local shares have surged during afternoon trading with the Hang Seng Index gaining more than two percent. Analysts say trading was boosted by hopes that Beijing will further relax its ban on mainland investors buying Hong Kong stocks.

5. FTU urges govt to speed up infrastructure projects    (Wed 22 Aug 2007 15:55:53 0800)
The Federation of Trade Unions has called on the Chief Executive Donald Tsang to speed up the implementation of infrastructure projects. The suggestion was put to Mr Tsang during a meeting to discuss his policy address which will be delivered in October. The Federation’s chairman Wong Kwok-kin said the prospects for the construction industry were not good. He said that more infrastructure projects would help to create jobs.

6. HSBC closing US office hit by mortgage crisis    (Wed 22 Aug 2007 17:22:04 0800)
Banking giant HSBC says it’ll close an office in the United States next year because of declining mortgage business. It told the 600 staff in its Indiana office late last week that it will be closed by the middle of next year citing a mismatch between staffing levels and mortgage business. The worsening subprime housing problem forced the bank to issue a rare profit warning early this year.

7. Hang Seng closes 617 higher    (Wed 22 Aug 2007 17:42:44 0800)
The Hang Seng Index ended the day at 22346 - that’s up 617 points on the previous close. In currenciesthe American dollar’s trading at 114.91 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 49 cents.

8. 44% rise in Citic’s interim profit    (Wed 22 Aug 2007 18:56:48 0800)
The Hong Kong arm of Beijing’s state-owned investment company Citic Pacific says its first-half profit surged 44 percent to just under $5-billion. It benefitted from the listing of its telecom unit as well as a doubling of profit for its steel manufacturing business. The company is proposing a special dividend of 20 cents per share on top of an interim dividend of 40 cents.

9. Hang Seng higher    (Wed 22 Aug 2007 15:13:19 0800)
A short time ago the Hang Seng index was 22198 - that’s up 469 points on the previous close. In currencies the American dollar’s trading at 114.95 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 50 cents.

10. Hang Seng surges higher    (Wed 22 Aug 2007 15:28:02 0800)
Local shares have surged during afternoon trading with the Hang Seng Index gaining more than two percent. Analysts say trading was boosted by hopes that Beijing will further relax its ban on mainland investors buying Hong Kong stocks.

11. FTU urges govt to speed up infrastructure projects    (Wed 22 Aug 2007 15:55:53 0800)
The Federation of Trade Unions has called on the Chief Executive Donald Tsang to speed up the implementation of infrastructure projects. The suggestion was put to Mr Tsang during a meeting to discuss his policy address which will be delivered in October. The Federation’s chairman Wong Kwok-kin said the prospects for the construction industry were not good. He said that more infrastructure projects would help to create jobs.

12. HSBC closing US office hit by mortgage crisis    (Wed 22 Aug 2007 17:22:04 0800)
Banking giant HSBC says it’ll close an office in the United States next year because of declining mortgage business. It told the 600 staff in its Indiana office late last week that it will be closed by the middle of next year citing a mismatch between staffing levels and mortgage business. The worsening subprime housing problem forced the bank to issue a rare profit warning early this year.

13. Hang Seng closes 617 higher    (Wed 22 Aug 2007 17:42:44 0800)
The Hang Seng Index ended the day at 22346 - that’s up 617 points on the previous close. In currenciesthe American dollar’s trading at 114.91 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 49 cents.

14. 44% rise in Citic’s interim profit    (Wed 22 Aug 2007 18:56:48 0800)
The Hong Kong arm of Beijing’s state-owned investment company Citic Pacific says its first-half profit surged 44 percent to just under $5-billion. It benefitted from the listing of its telecom unit as well as a doubling of profit for its steel manufacturing business. The company is proposing a special dividend of 20 cents per share on top of an interim dividend of 40 cents.

15. Meeting appears to calm Wall Street markets    (Wed 22 Aug 2007 09:25:44 0800)
On Wall Street a meeting between Fed Chairman Ben Bernanke and Senator Chris Dodd seemed to calm markets and the major averages traded in a narrow range. The S&P 500 and the Nasdaq rose slightly while the Dow slipped. Senator Dodd who is a Presidential candidate said the Fed would use “all available tools” to calm financial markets. His pledge fueled speculation of an early cut in the fed funds rate. But Fed president Jeffrey Lacker poured cold water on that. He said a rate change would only be warranted if turmoil hurt the inflation or growth outlook. Energy stocks fell; technology gained. The Dow Jones industrial average fell 30 points to 13090. But the Standard & Poor’s 500 inched up 1 point to 1447. The Nasdaq gained 12 to 2521.30.

16. European markets close mostly unchanged    (Wed 22 Aug 2007 09:27:22 0800)
European markets closed mostly unchanged in a volatile session. Risk aversion is a common theme. One winner was Swiss food group Nestle; markets cheered a presentation by its chief financial officer. Slowly calm appears to be returning to the markets. Credit Suisse said equity valuations are now “clearly attractive”. It said the free cash flow yield in Europe is at 5.5 percent. It advised investors to buy “cheap cyclicals.” It pointed technology metals and mining as its favoured cyclical sectors. But in economic data the German ZEW investor sentiment index fell more than expected in August to -6.9 from 10.4 the month before.

17. Hang Seng higher    (Wed 22 Aug 2007 11:11:49 0800)
A short time ago the Hang Seng index was 21917 - that’s 188 points up on the previous close. In currencies the American dollar’s trading at 114.35 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 47 cents.

18. Hang Seng 290 higher in morning trading    (Wed 22 Aug 2007 12:48:58 0800)
The Hang Seng Index ended the morning at 22020 - that’s 290 points up on the last close. Turnover was 36.9 billion dollars.

19. Hang Seng higher    (Wed 22 Aug 2007 15:13:19 0800)
A short time ago the Hang Seng index was 22198 - that’s up 469 points on the previous close. In currencies the American dollar’s trading at 114.95 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 50 cents.

20. Hang Seng surges higher    (Wed 22 Aug 2007 15:28:02 0800)
Local shares have surged during afternoon trading with the Hang Seng Index gaining more than two percent. Analysts say trading was boosted by hopes that Beijing will further relax its ban on mainland investors buying Hong Kong stocks.

21. FTU urges govt to speed up infrastructure projects    (Wed 22 Aug 2007 15:55:53 0800)
The Federation of Trade Unions has called on the Chief Executive Donald Tsang to speed up the implementation of infrastructure projects. The suggestion was put to Mr Tsang during a meeting to discuss his policy address which will be delivered in October. The Federation’s chairman Wong Kwok-kin said the prospects for the construction industry were not good. He said that more infrastructure projects would help to create jobs.

22. HSBC closing US office hit by mortgage crisis    (Wed 22 Aug 2007 17:22:04 0800)
Banking giant HSBC says it’ll close an office in the United States next year because of declining mortgage business. It told the 600 staff in its Indiana office late last week that it will be closed by the middle of next year citing a mismatch between staffing levels and mortgage business. The worsening subprime housing problem forced the bank to issue a rare profit warning early this year.

23. Hang Seng closes 617 higher    (Wed 22 Aug 2007 17:42:44 0800)
The Hang Seng Index ended the day at 22346 - that’s up 617 points on the previous close. In currenciesthe American dollar’s trading at 114.91 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 49 cents.

24. 44% rise in Citic’s interim profit    (Wed 22 Aug 2007 18:56:48 0800)
The Hong Kong arm of Beijing’s state-owned investment company Citic Pacific says its first-half profit surged 44 percent to just under $5-billion. It benefitted from the listing of its telecom unit as well as a doubling of profit for its steel manufacturing business. The company is proposing a special dividend of 20 cents per share on top of an interim dividend of 40 cents.

25. Meeting appears to calm Wall Street markets    (Wed 22 Aug 2007 09:25:44 0800)
On Wall Street a meeting between Fed Chairman Ben Bernanke and Senator Chris Dodd seemed to calm markets and the major averages traded in a narrow range. The S&P 500 and the Nasdaq rose slightly while the Dow slipped. Senator Dodd who is a Presidential candidate said the Fed would use “all available tools” to calm financial markets. His pledge fueled speculation of an early cut in the fed funds rate. But Fed president Jeffrey Lacker poured cold water on that. He said a rate change would only be warranted if turmoil hurt the inflation or growth outlook. Energy stocks fell; technology gained. The Dow Jones industrial average fell 30 points to 13090. But the Standard & Poor’s 500 inched up 1 point to 1447. The Nasdaq gained 12 to 2521.30.

26. European markets close mostly unchanged    (Wed 22 Aug 2007 09:27:22 0800)
European markets closed mostly unchanged in a volatile session. Risk aversion is a common theme. One winner was Swiss food group Nestle; markets cheered a presentation by its chief financial officer. Slowly calm appears to be returning to the markets. Credit Suisse said equity valuations are now “clearly attractive”. It said the free cash flow yield in Europe is at 5.5 percent. It advised investors to buy “cheap cyclicals.” It pointed technology metals and mining as its favoured cyclical sectors. But in economic data the German ZEW investor sentiment index fell more than expected in August to -6.9 from 10.4 the month before.

27. Hang Seng higher    (Wed 22 Aug 2007 11:11:49 0800)
A short time ago the Hang Seng index was 21917 - that’s 188 points up on the previous close. In currencies the American dollar’s trading at 114.35 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 47 cents.

28. Hang Seng 290 higher in morning trading    (Wed 22 Aug 2007 12:48:58 0800)
The Hang Seng Index ended the morning at 22020 - that’s 290 points up on the last close. Turnover was 36.9 billion dollars.

29. Hang Seng higher    (Wed 22 Aug 2007 15:13:19 0800)
A short time ago the Hang Seng index was 22198 - that’s up 469 points on the previous close. In currencies the American dollar’s trading at 114.95 yen. The euro is standing at 1 American dollar 34 cents. And the pound is worth 15 Hong Kong dollars 50 cents.

30. Hang Seng surges higher    (Wed 22 Aug 2007 15:28:02 0800)
Local shares have surged during afternoon trading with the Hang Seng Index gaining more than two percent. Analysts say trading was boosted by hopes that Beijing will further relax its ban on mainland investors buying Hong Kong stocks.