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...Hang Seng also charges higher rates on its loans (1% per month to prime borrowers). But few complain about its charges because Hang Seng backs many struggling entrepreneurs-reportedly including Hong Kong's bookies-who find it difficult to get credit elsewhere. Hang Seng figures that it will prosper so long as Hong Kong does. Fingering an abacus behind his 8-ft.-long teak desk. Chairman Ho says: "Hong Kong's future is good for at least ten years, possibly 20." After that. Hang Seng will doubtless be the first to find another green pasture...

Author: /time Magazine | Title: Asia: Very Calculated Risks | 1/11/1963 | See Source »

Many there are who thrive and prosper on who the just manage Commercial to survive. Christmas, But many sink more or swim, as a Beverly Hills psychoanalyst shuddered last week: "Christmas puts the damnedest demands on everybody...

Author: /time Magazine | Title: Modern Living: The Blight Before Christmas | 12/21/1962 | See Source »

...most highly verbal freshman courses, English A and Contemporary Civilization A, and that 16 of them ranked in the top half of the freshman class. Mediocre verbal scores, Coleman concludes, "do not accurately measure the well-motivated student's ability to survive, and in some cases to prosper, in a rigorous academic program...

Author: /time Magazine | Title: Education: Imperfect Test | 12/14/1962 | See Source »

...Adhere & Prosper. Some businessmen grumble that the brothers have not pioneered enough, have merely expanded the rich empire that Sir Elly Kadoorie built. China Light & Power is also under fire for raising rates (and profits) above those of competing Hong Kong Electric. Under government pressure, China Light agreed last week to merge with smaller Hong Kong Electric. The brothers are determined to hold control of the new giant. The Kadoories smile away all criticism. Says Brother Lawrence: "We've grown with Hong Kong, and we consider ourselves Hong Kongers first. Britishers second. We intend to remain here." Carrying...

Author: /time Magazine | Title: Asia: Big Brothers | 11/16/1962 | See Source »

Judging from the enthusiasm of the thousands who poured into the Salon de 1'Auto, Europe's carmakers had hit the right note. So long as the economies of the Common Market nations continued to prosper, Europe's man in the street seemed only too ready to do the Detroit twist...

Author: /time Magazine | Title: Western Europe: Doing the Detroit Twist | 10/19/1962 | See Source »

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