Hong Kong Five Years After Handover Struggles Deepen
AP report paints a city of glittering cranes and busy harbors, yet shuttered shops and huge office banners reveal hardship five years after the 1997 handover. Unemployment hits 7.1 percent as prices fall, with many jobs moving to mainland China and local fortunes eroding amid the Asian financial crisis and slower global growth.
MENTIONED IN THIS ARTICLE
Hong Kong
Victoria Harbour
Britain
China
Chan Hing-to
Chan
Farm House
Thailand
Asia
U.S
Canadian steelmakers seek safeguard at Ottawa hearings
Hamilton based steelmakers push for a recommendation to cabinet to suspend tariffs on steel imports. The Canadian International Trade Tribunal opens its largest hearings in three decades in Ottawa. Officials warn cheap offshore shipments, driven by U S tariffs on non-NAFTA sources, threaten domestic jobs and prices while demand remains uncertain. Don Belch of Stelco cites pipeline fill and supply cuts like LTV Corp as factors behind price rises.
MENTIONED IN THIS ARTICLE
Hamilton
Canadian International Trade Tribunal
Ottawa
U.S
Canada
United States
Stelco Inc
Don Belch
LTV Corp
Cleveland Steel
Biotech conference in Toronto sparks high hopes and risks
At Bio 2002 in Toronto about 230 biotech firms pitch to investors amid strong growth signals. Deloitte reports 183 percent rise in Canadian biotech companies from 1997 to 2001 and over two billion dollars in financing last year. Government funding includes 51 million dollars to spur jobs and investment. Experts warn early-stage ventures face tough trials and many will fail, while a few succeed big.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Biotech
Deloitte & Touche
Ontario
Luc Marengere
VenGrowth Advanced Life Sciences Fund
Durcan Stewart
Tera Capital
No consensus yet on Voisey's Bay mine
Newfoundland Liberal caucus failed to reach consensus after a five hour emergency meeting on the Inco led Voisey's Bay project. Premier Grimes and negotiators signaled ongoing talks with possible news in days. Business leaders awaited a decision as lawmakers weighed legal wording and 1995 ore shipping limits.
MENTIONED IN THIS ARTICLE
Voisey’s
Michael MacDonald
ST. John’s
Nildenfoundland
Liberal
Inco Ltd
Voisey
Liberal Party
Hann
Inco
Ontario
Manitoba
Newfoundland
Lloyd Matthews
Secrets to Cashing in on the Upcoming Stock Room
James Ryder reports on Germain Lafortune promoting a 90 minute live seminar claiming wealth from stock market secrets. The pitch promises quick gains and monthly cash flow with insider information tips, a money machine concept, and a free registration offer targeting Canadian investors.
MENTIONED IN THIS ARTICLE
Medicine Hat
Germain Lafortune
Germain
Canada
Don Campbell
Calgary
Brent Roberts
Surrey
Germains
D.J. Richou
Port Coquitlam
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