Beijing: A sharp downturn in Europe could cut China's economic growth rate nearly in half, the International Monetary Fund said on Monday, adding to warnings about a possible severe global slowdown this year. The IMF said Beijing should be ready to launch a multibillion-dollar stimulus to ward off a slump in the world's second-largest economy. The IMF is forecasting 8.2 per cent growth this year for China but said that...
08:55 PM, Feb 06, 2012
Hong Kong: Ace Indian golfer Jyoti Randhawa finished tied 29th, the best among the Indians, at the UBS Hong Kong Open trophy here on Sunday. Randhawa, who has been struggling with his form this season put together rounds of 70, 70, 70 and 69 to finish at one-under 279. World number two Rory McIlroy won the trophy, closing with a spectacular five-under-par 65 which included a dramatic closing birdie from...
11:37 PM, Dec 04, 2011
Hong Kong: Saina Nehwal bowed out of the Hong Kong Open Super Series after losing to Denmark's lower-ranked Tine Baun 16-21, 15-21 in the women's singles quarterfinals on Friday. Two-time All England champion Baun, seeded seventh, took just 29 minutes to beat fourth-seeded Saina. There was nothing much to separate the two in net and smash winners but the Dane won more rallies, which made the difference. The first game...
07:14 PM, Nov 18, 2011
New Delhi: Defending champion Saina Nehwal reached the quarter-finals without breaking much sweat but it was RMV Gurusaidutt who made heads turn on Thursday as he stunned world No. 9 Pengyu Du of China in a thrilling three-game match in the Hong Kong Super Series. A day after Ajay Jayaram sent packing world No. 6 Sho Sasaki of Japan, Gurusaidutt, who had to qualify to the tournament, emulated his team-mate...
10:40 PM, Nov 17, 2011
Hong Kong: Saina Nehwal moved into the second round of the Yonex Sunrise Hong Kong Open badminton tournament with a 21-4, 21-17 win over Tsz Ka Chan (Hong Kong) on Wednesday. Fourth-seeded Saina will next take on Jie Yao of the Netherlands. Meanwhile, Ajay Jayaram, who reached the last 16 at the World Championships stunned world No. 6 Sho Sasaki in his opening match of the men's singles event. Jayaram,...
08:06 PM, Nov 16, 2011
New Delhi: India's women's doubles player Jwala Gutta reckons qualifying for next year's Olympics is a realistic dream, but she does not want to put pressure on her young partner Ashwini Ponnappa by thinking about the London event right now. One half of the World Championships bronze-medalist pair, Jwala said she is very satisfied with the way the year has panned out for her, and that her focus was now...
11:46 PM, Nov 15, 2011
New Delhi: India's men's singles players Arvind Bhat and RMV Gurusaidutt made the main draw of the Hong Kong Super Series after notching up contrasting wins in the qualifiers on Tuesday. Two-time National Champion Arvind beat Yun Lung Chan 15-21 21-12 23-21 in the first round, before getting past Ka Long Ng 21-18 12-21 21-18 in the second round. He will next play Tien Chen Chou of Chinese Taipei on...
05:30 PM, Nov 15, 2011
New Delhi: Saina Nehwal faces the task of overcoming a recent dip in form to defend the crown at the Hong Kong Open, which starts with the qualifiers on Tuesday. Saina had won three Super Series title - Singapore, Indonesia and Hong Kong - besides winning the Commonwealth Games gold and India Open Grand Prix last year. Come Wednesday, the world number four Saina will take on Hong Kong's Tsz...
12:13 AM, Nov 15, 2011
Tokyo: After a delay of more than three years, Boeing's much-hyped jet, the 787, made its first commercial flight, from Tokyo to Hong Kong - and landed on-time. The All Nippon Airways flight was packed mostly with aviation reporters and enthusiasts, some of whom paid thousands of dollars for the privilege and treated the experience like a rock concert, clapping after lift-off and snapping photos for posterity. "It's silly, but...
12:21 AM, Oct 27, 2011
Hong Kong: A powerful typhoon arrived in southern China on Thursday after skirting Hong Kong and bringing death and widespread flooding to the Philippines earlier this week. Typhoon Nesat made landfall on the eastern tip of China's Hainan island at 2:30 pm, the official Xinhua News Agency said. Hainan authorities closed schools, suspended ferry services and recalled fishing boats as the storm made its way across the South China Sea...
03:58 PM, Sep 29, 2011
Hong Kong can truly be called Asias World City. It is bustling, vibrant and dynamic, with a unique blend of eastern and western influences. It is only five hours from half the worlds population and is a buzzing centre of international trade and business. Recommendations The city is one of the most competitive markets for hotels, which means an abundance of great places to stay, from Kowloons hip W Hotel...
11:25 AM, Sep 29, 2011
Bangkok: Investors across the globe continued to dump stocks on Friday as weak economic indicators from major nations including China intensified fears of a new recession. In Asia, losses were broad-based but less severe than in the US and Europe. Oil prices stabilized near $81 a barrel after diving to a near seven-week low on Thursday. The dollar was down against the yen and the euro. Hong Kong's Hang Seng...
08:11 AM, Sep 23, 2011
Hong Kong: In a crowded multi-storeyed marketplace in downtown Shenzhen, a store owner haggles with a cigarette-smoking customer over the price for a bulk sale. They are not bargaining over fake watches or counterfeit leather bags, but genuine Apple iPads and iPhones - freshly smuggled from Hong Kong, a free port with zero duties for many electronics imports. "This is real stuff that just arrived. We just got these off...
06:51 PM, Jul 25, 2011
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