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RARE HK Ltd PEPSI Medicom 2003 1st Version Be
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Keep Cool
www.variety.com
For the many Western followers of Zhang Yimou, who, for better or worse, has come to represent the new Chinese cinema with his classical dramas Raise the Red Lantern and Ju Dou, his latest will come as something of a shock. In a major shift from the elegant, subversive period pieces for which he is
Rumor: Live-Action Remake of Akira in the Works?! « FirstShowing.net
One genre of film that always gets overlooked with mainstream press is anime. I don't mean a small Inuyasha movie for the fans, I mean good full-featured anime like Paprika that was in theaters last year or Hayao Miyazaki films.
http://www.firstshowing.net/2007/10/30/rumor-live-action-remake-of-akira-in-the-works/
Feeding Boys, Ayaya
www.variety.com
Study of gay male hustlers in contemporary China reps the latest sexually explicit, way underground video feature from writer-director Cui Zi'en. Though he works illicitly, Cui's work in general evidences an artistic integrity and freedom of expression absent from the American gay cinema. Sure to
News from Zibb.com
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HK shares fall 1.5 pct on properties, Ping An - Zibb.com
HONG KONG, Sept 29, Sep 29, 2008 (Reuters via COMTEX) --
Hong Kong shares fell 1.5 percent early on Monday after opening higher as investors brushed news of a tentative agreement on the U.S. bank rescue plan and drove property stocks lower on a mortgage rate hike.
Ping An Insurance dropped 9.7 percent after the Belgian, Dutch and Luxembourg governments agreed to bail out Fortis, in which the Chinese insurer has a 5 percent stake.
At 0242 GMT the benchmark Hang Seng Index was down 274.14 points at 18,407.45 after opening at 18,742.25.
The China Enterprises Index of top locally listed mainland Chinese firms had fallen 2.7 percent to 9,328.04.
(US$1=HK$7.8)
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Tags: bank hang seng index hong kong index insurance luxembourg mortgage property
HK shares reverse course led by China Mob, Ping An - Zibb.com
HONG KONG, Oct 02, 2008 (Reuters via COMTEX) --
Hong Kong shares reversed course to turn positive on Thursday helped by a 14.6 percent rally in Ping An Insurance after newly-nationalised Fortis scrapped a 2.15 billion euro asset management deal with the Chinese insurer.
At 0731 GMT the benchmark Hang Seng Index was up 1.3 percent to 18,241.49 points after an earlier 2.1 percent fall to a session low of 17,631.70 points.
Ping An shares, which were suspended during the pre-opening session, rallied strongly after they resumed trade Thursday afternoon.
China Mobile, Asia's largest wireless carrier, advanced 4.7 percent after heavy losses in recent sessions.
The China Enterprises Index of top locally listed mainland Chinese firms jumped 3.1 percent.
(US$1=HK$7.8)
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Tags: carrier china euro hang seng index hong kong index insurance trade wireless
INDIA'S FOREX RESERVES ABOVE OPTIMAL LEVEL, SAYS IMF - Zibb.com
NEW DELHI, Aug 27, 2008 (AsiaPulse via COMTEX) --
India's foreign exchange reserves at around US$286 billion are much above the optimal level, said a recent IMF study, pointing out that forex accumulation has reduced external vulnerabilities and decreased the risk of financial contagion.
India ranks among the other major emerging Asian nations like China, Hong Kong, Korea, Taiwan and Thailand which have accumulated excessive foreign exchange reserves, said an IMF working paper on "Are emerging Asia's reserves really too high?".
Among the important Asian countries which have near optimal foreign exchange reserves include Singapore, Philippines and Indonesia, it said.
According to the IMF study, as against the optimal reserves of about US$175 billion towards the close of 2007, India's forex reserves totalled around US$250 billion and continued to swell.
The reserve buildup, the study said, has reduced external vulnerabilities in all emerging market economies in Asia and helped in maintaining financial stability in the region as a whole.
"Not only are individual economies better prepared to weather a sudden stop of capital flows, but the risk of financial contagion in the region may have decreased as a result of the reserve accumulation", the IMF report said.
The study on foreign exchange reserves, which is based on different parameters and ratios like reserves to months of imports, reserves to broad money supply, reserves to GDP, reserves to short-term debt and reserves to total foreign exchange liabilities, showed that India is holding more than optimal reserves on all counts.
(PTI)
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