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Newsday's coverage

• China fails to halt Tiananmen book's HK release

  sale in Hong Kong despite efforts by Chinese authorities to stop it."Conversations with Chen Xitong" went on sale Friday in Hong Kong but is not available in mainland China.The book is based on interviews with Chen, a disgraced ex-mayor of Beijing. He says 1:13 AM Read more »

• HK tycoon Lau rejects Macau corruption charges

  -- Shares of a Hong Kong tycoon's property company tumbled Friday after he insisted he was innocent of bribery and money laundering charges filed by Macau prosecutors over a land deal in the Asian gambling hub.Chinese Estates Holdings Ltd. fell more than 7   Read more »

• Alibaba.com $2.5B privatization bid approved

  -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong -listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's destiny.The approval comes less than   Read more »

• India's top court refuses entry to Exxon Valdez

  , when the Supreme Court gave its order, environmental activist Gopal Krishna said Wednesday.The ship was bought recently by the Hong Kong -based subsidiary of an Indian shipbreaking firm and was being taken to the coastal town of Alang, the hub of India's   Read more »

• Panchen Lama makes rare public speech in Hong Kong

  never seen in public but has also appeared at the two previous forums, held in mainland Chinese cities in 2006 and 2009. Hong Kong is a semiautonomous region of China.Buddhist theory is "sweet dew that ends human suffering and is a way to promote world peace,"   Read more »

Around the web

• IMD announces its 2012 World Competitiveness Rankings

  most competitive of the 59 ranked economies in 2012 are Hong Kong, the US and Switzerland (see overall rankings table on page 2). Despite all its setbacks, the US remains at the centre of world competitiveness because of its unique economic power, the dynamism 5:14 AM from Biz Community Read more »

• Hong Kong leader apologises as pressure builds over scandals

  KONG (Reuters) - Hong Kong's outgoing leader Donald Tsang tearfully apologised on Friday for his part in one of a series of corruption scandals that have embarrassed China, a day after an independent report called for him to be held more accountable. Tsang, 5:08 AM from Reuters Mobile Read more »

• Megaupload files to have piracy charges dismissed

  has asked for U.S. criminal charges against the company to be dismissed arguing that the U.S. has no jurisdiction over the Hong Kong based service. Megaupload's lawyers assert that U.S authorities cannot charge the company with criminal behaviour because they 5:03 AM from Computer Business Review Read more »

• HK gross insurance premiums up 11.7% in Q1

  KONG - The total gross premiums of Hong Kong's insurance industry grew 11.7 percent in the first quarter this year to HK$62.8 billion ($8.09 billion) as compared to the same period last year, the city's Office of the Commissioner of Insurance announced Thursday. 4:51 AM from China Daily Read more »

• Venus takes center stage in upcoming rare sky show

  photo shows the transit of Venus, which occurs when the planet Venus passes between the Earth and the Sun, is pictured in Hong Kong. Venus will cross the face of the sun on Tuesday June 5, 2012, a sight that will be visible from parts of Earth. This is the 4:40 AM from San Luis Obispo Tribune Read more »