Hong Kong

Hong Kong stocks sink to two-week low as confidence wanes

 Hong Kong stocks sink to two-week low as confidence wanes Hong Kong -  Hong Kong shares fell to a two-week low Wednesday amid fresh concerns over the banking sector and jitters over liquidity in the Chinese economy.

The blue-chip Hang Seng Index fell 407.44 points or 2.67 per cent to 14,878.45. Turnover was 67.8 billion Hong Kong dollars (8.74 billion US dollars.)

The decline followed a fall of nearly 3 per cent Tuesday and was spurred by losses posted by the Bank of America overnight and a fresh round of job cuts by HSBC in Hong Kong.

Corrupt Macau minister jailed for a further 28 years

 Corrupt Macau minister jailed for a further 28 years Hong Kong  - A former top minister in the Chinese gambling resort of Macau already jailed for taking tens of millions of US dollars in bribes was Wednesday sentenced to a further 28-and-a-half years.

Ao Man Long, 52, former secretary for transport and public works, is already serving a 27-year jail term after being convicted last year of taking huge bribes in return for awarding public work contracts.

Hong Kong poll gives poor marks to news media

Hong Kong poll gives poor marks to news mediaHong Kong - Nearly half of Hong Kong people believe that media in the former British colony practice self-censorship to avoid upsetting China, according to a survey Wednesday.

The Hong Kong University study found that 47 per cent of people interviewed believed that self-censorship was rife in newspapers and magazines in the city of 7 million.

Two-thirds of the more than 1,000 interviewees said they believed the media in Hong Kong misused press freedom and only 30 per cent said they believed local media reporting was responsible.

Hong Kong stocks fall 3 per cent as regional markets tumble

Hong Kong stocks fall 3 per cent as regional markets tumble

Verdict in Hong Kong celebrity sex photo trial due April 29 Eds: epa file photos available

Hong Kong sex photos scandal pop star to testify in Canadian courtHong Kong - A verdict is to be handed down on April 29 in the trail of a computer technician accused of stealing photos that triggered a sex scandal in Hong Kong, a court announced Tuesday.

Sze Ho-chun, 24, allegedly downloaded explicit images from the laptop computer of singer-actor Edison Chen that showed Chen engaging in sex acts with a number of young starlets.

Action star Jackie Chan faces backlash over China freedom remarks Eds: epa file photos available

Too much freedom in China can lead to ‘chaos’, says Jackie ChanHong Kong - Students and politicians in Hong Kong Tuesday hit out at comments by movie star Jackie Chan that Chinese people should be controlled and that too much freedom could harm China.

The Rush-Hour star sparked a growing controversy by saying at a business forum Saturday that freedoms had made Hong Kong and Taiwan "chaotic" and adding: "We Chinese need to be controlled."

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