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...also been unable to persuade Japanese Internet giant Softbank to distribute its Network of the World (NOW), a broadband Internet service delivered across Asia to television sets, computers and wireless devices. "This suggests it isn't as attractive as its potential partners once thought it was," says Chris Cheung, an investment analyst with Worldsec International in Hong Kong...

Author: /time Magazine | Title: Cyberson Gets Zapped | 10/23/2000 | See Source »

...late '80s, Ping's stature had grown so large that she was probably the best-known and most revered figure in Chinatown. Almost everyone in the Fujianese ghetto owed her something. She and her husband Cheung Yick-tak contributed $10,000 to buy the building that would house the Fujianese association, which police say soon became the center for human smuggling. He sat on the board. Both continued to work each day in the store or restaurant. There were no big cars or flashy clothes. When she traveled she took the subway, seemingly unafraid of the reach...

Author: /time Magazine | Title: Two-Faced Woman | 7/31/2000 | See Source »

...Japanese-occupied village at the end of World War II. Taiwan's Edward Yang was named Best Director for his stately domestic drama, "A One and a Two." The Best Actor prize went to Tong Leung Chiu-wai, as a cuckolded husband considering an affair with lustrous Maggie Cheung in Wong Kar-wai's Hong Kong period romance "In the Mood for Love...

Author: /time Magazine | Title: Bjork Is a Bjerk, and Other News From Cannes | 5/22/2000 | See Source »

...long ago left his horse-and-buggy home for Seoul, where he holds the reins of one of Asia's hottest Internet start-ups. Last October, he and partners Hans Tung of Taiwan and Chih Cheung of New York launched Helloasia.com an e-commerce and community portal with $20 million of venture capital. Helloasia.com is a kind of frequent-flyer program for Asia's Net surfers. The more you spend at its e-commerce site on items like CDs, travel tickets and computers, the more points you receive toward free gifts. The idea is to promote "stickiness," the ability...

Author: /time Magazine | Title: Asia Catches .Com Fever | 3/13/2000 | See Source »

Then things got stormy. In a swift year-end deal, Cheung Kong Holdings, billionaire Li's flagship, paid an estimated $5 million for a 2% stake in Timeless. In turn, Timeless agreed to invest $23 million in new offices in the Center, a top-drawer Cheung Kong development. In the old economy, a deal with one of Asia's richest men would have marked one's arrival among the local business elite. But to many investors, Timeless suddenly looked less like a go-go technology firm than an old-fashioned real estate play...

Author: /time Magazine | Title: Asia Catches .Com Fever | 3/13/2000 | See Source »

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