1. HK- HK Deposit Protection Board proposed lifting the minimum stage guarantee on bank deposits from 100,000HKD to unlimited (100% guarantee) until year 2010. This measurement is taken is not due to HK's bank facing crisis. They are confident that they do not need to use foreignes' money. This measurement is to create confident among citizens.
Deposit Protection Scheme: XX Bank is a member of the Deposit Protection Scheme. Eligible deposits taken by this bank are protected by the Scheme up to a lomot of HKD100,000 per depositor.
It happened to Germany,Australia and Iceland etc.
2. Asian market retreat after rally. Most Asia stock markets have fallen following two days of dramatic rises.
3. Recycle Industrial facing crisis as US stop taking demand. and the price for recycle items drop almost 90%.
4. Star cruise ship/Cruise Terminal-Cum-Tourism Node
Customer said "This is the first stop where we have to use tanker transfer, so we were surprise by that such a big city like HK.
Is okay but I would like much better where we could pull up the pill."
5. US 2008 General Election
Obama, Change We Need: Is the plan begin with one word that was everybody mind, and is easy to spell J-O-B-S, Jobs."
He added that any middle-industrial create job opportunity will have tax free benefits.
McCain, Country First: You can't spend that much without raising your taxes and tagging further to the doubt. I will going to make government live in a budget balance.
He added that the main measurement is reduce taxes.
Obama 51% McCain 41%
6. US use 1250 million dollar from 7000 million to rescue Morgan Stanley, Citibank, Bank of America, since 1903, US gov largest measurement taken on financial.
MorganStanley is the largest company after Lehman Brothers.
7. US- General Motor company need cut off some worker, need fire around 2700 people.
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