Word: seng
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Dates: during 2000-2009
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...would also cut rates in an attempt to stave off a slowdown. In morning trading in Europe, though, stocks fell. Britain's FTSE 100 dropped 1.25%, Germany's DAX index slid 2.16%, and France's CAC-40 fell 2.10%. Markets in Asia rebounded however, with Hong Kong's Hang Seng Index rising 10.7% - its biggest gain in 10 years - and indexes in Korea, Singapore and Japan gaining more than 3 percent...
...kidding. Hong Kong's economy has been on a tear lately: bolstered by a booming mainland and the Hong Kong dollar's peg to a weakening U.S. currency, the Hang Seng Index gained 39% in 2007. A recent survey by TNS and Gallup International showed that Hong Kong people are the most optimistic in the world on the general outlook for 2008, with 71% expecting the coming year to be better than the last. All that prosperity is causing headaches for Hong Kong's pro-democracy camp, who are finding it harder to make their cause relevant. In November...
...incoming CEO, Chew Choon Seng, 56, is a 30-year employee of SIA and a longtime colleague of Cheong's. He is expected to continue Cheong's course with little fanfare...
...Hang Seng China Enterprises Index...
...hasn't hurt that Hong Kong stocks have been on a tear. The benchmark Hang Seng Index repeatedly set new all-time highs in the latter part of 2006, gaining 34% for the year. The rally got a big boost from an influx of investors hoping to cash in on the appreciating yuan by buying shares in mainland companies. The Hang Seng China Enterprises Index, which includes only China stocks, soared...