Issue: June 07, 2011   (Archive)
Wednesday, September 17, 2014   

CUT! TVB lays off 50 staff
TVB has laid off 50 employees, mainly backstage production staff, amid rising operational costs and lower advertising revenue, as well as looming competition from new rivals.

Fed fear weighs on market
Hong Kong stocks tumbled yesterday in truncated trade ahead of a closely watched Federal Reserve meeting as investors increasingly fear the US central bank is likely to start raising interest rates sooner rather than later.

Restaurants feel pinch of oil scandal
The gutter oil scandal has had a disastrous effect on local restaurants, some of which have seen their business plunge by as much as 30 percent, according to an insider.

15,000 are heading for start of marathon
All 15,000 places for the next Standard Chartered Hong Kong Marathon were taken just 3 hours after registrations opened.

Legco will back election reform, says NPC chief
The chairman of the National People's Congress expressed optimism that the SAR's political reform will pass through the Legislative Council because Beijing's decision is supported by most Hong Kong citizens.

Protest leaders mark down red-letter day
The Civil Human Rights Front has applied for a police permit to hold a rally on National Day while asking the public to "be prepared" amplifying speculation that Occupy Central will begin on October 1.

Activists 'should quit school'
Former education minister Arthur Li Kwok-cheung has waded into the class boycott issue after telling activists to quit university and leave places for more deserving students.

No pressure to deal with boycott, insist uni chiefs
Heads and representatives of the eight universities say the government is not exerting pressure on them on how to deal with the looming class boycotts by student activists seeking greater political reform.

Gunshot chaos in hospital
A mentally ill suspected illegal migrant remains under police watch after allegedly trying to grab a constable's revolver that led to six shots being fired in a hospital's accident and emergency department.

Super-wealthy Chinese considering exodus
Nearly half of China's super-wealthy individuals are considering leaving the country, a survey has found, with most citing better overseas educational and employment opportunities for their children.

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