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...Hong Kong strengthened its position at the financial heart of Asia, but today it's competing with powerful centers in New York and London. Companies going public via Hong Kong's stock exchange in 2005 raised more money from initial public stock offerings-$21.6 billion?than any other exchange except New York, according to Thomson Financial. Last year, Hong Kong ranked No. 1, beating out New York and London, with $41.1 billion raised...
...terror and mayhem in Baghdad. Iran, thanks to the weakening of American power, is on a roll, and so is Syria, which less than two years ago was shown the door in Lebanon. North Korea has exploded a nuclear device, and Russia is back to its imperial ways, except that Putin is much more effective with his pipelines than was the Politburo with its tanks and missiles. Much of Africa is stuck in poverty, war and disease while Latin America is again succumbing to the false promises of populist demagoguery. Last summer's bloody melee in Lebanon, fought against...
...that his wife had ordered a double oven. Well, said Sabath, next time, first ask your client how his wife is enjoying the double oven, rather than "Did you get that contract signed." That's a signal to the other person, says Sabath, "that nothing has crossed my mind except the last thing you mentioned...
...movies to celebrate an entrepreneur is rare - usually you get expos?s - but not wrong. Guru's nearest equivalent might be It's a Wonderful Life, except that this small businessman has to cope with success, not failure. And there's no denying the dramatic oomph of the climactic courtroom scene, with Gurukant defending himself and the class he stands for. Still, it doesn't seem like a natural weave for Mani Ratnam. This Guru is more like a fine polyester...
...summit that nobody wants much except the Americans. Palestinians, in particular, gripe that Rice is dragging them to it. They say Rice only wants to show Arab moderates-whom the U.S. needs to help repair the chaos in Iraq-that the Bush Administration is keen to make headway on the Israeli-Palestinian impasse. U.S. officials told Abbas's team that it is unlikely President George W. Bush would attend the summit himself. At the summit, scheduled for next month in an as yet undisclosed location, Rice would represent the U.S. side, and the two other participants would be Israeli Prime...