Word: stockely
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...truly great cities. On the surface, Hong Kong is doing just fine, thank you. The economy is humming along-gdp growth was 6.8% in 2006 and is forecast to be at least a respectable 4.5% this year, not bad at all for a mature, first-world city. The stock market has dipped in recent weeks because of the global slump in equities, but is still up about 20% against a year ago. Real estate-a key and much-watched variable in Hong Kong-is robust again, and retail sales rose 7.3% in 2006 from the previous year's figure...
...favorite pillow or drink, but, with your permission, Langham Place will also collect your most frequently dialed numbers and load them onto the touchscreen phone in your room, so that home or head office need only be a fingertip away. Staff can also program the device to display stock quotes based on your own portfolio, as well as news and weather bulletins from your hometown. The Web-enabled phones can even be pre-tuned to your favorite online radio stations. Best of all, if you forward snapshots of your loved ones prior to your arrival, they'll be beaming back...
...THEY FLEE THE STOCK MARKET...
Many lenders resell their high-risk mortgages to investment banks. If defaults rise, the lenders are often forced to buy back the bad loans, which hurts earnings and stock prices...
...Journal story published in July fingered large companies such as Home Depot, Merrill Lynch, and T. Rowe Price for rushing to grant options to their executives as stock prices plunged in the days after the Sept. 11, 2001, attacks...