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Press Digest - Hong Kong - Dec 10 Topix position 1
These are some of the leading stories in Hong Kong newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

http://www.quamnet.com/newscontent....9B617EA44FC.node1?articleId=1064148

HK shares seen higher on China measures Topix position 2
HONG KONG, Dec 04, 2008 -- Hong Kong shares are set to rise on Thursday, with investors likely to focus on financial stocks, after China said it planned to stabilise its stock market and ensure liquidity in the ...

http://www.tmcnet.com/usubmit/-hk-s...na-measures-/2008/12/03/3831782.htm

HKMA declines comment on currency swaps with China Topix position 3
Hong Kong's central bank said on Sunday it hoped to further develop Chinese currency business in the city but declined comment on a report saying China was considering currency swaps with Hong Kong and allowing ...

http://www.quamnet.com/newscontent....A6221A17257.node1?articleId=1048406

Open door to Shenzhen to beat slump-time blues Topix position 4
Shenzhen residents should be given free access to Hong Kong to stimulate the local economy, says a member of Chief Executive Donald Tsang yam-kuen's handpicked task force to deal with the economic crisis.

http://www.thestandard.com.hk/news_...rt_id=74281&sid=21434137&con_type=1

FTSE rebounds as BA leads index higher Topix position 5
The FTSE 100 rebounded from yesterday's drop as some investors took advantage of the index's more than 30pc decline this year to buy shares.

http://www.telegraph.co.uk/finance/...ounds-as-BA-leads-index-higher.html

Asian markets pause after sharp falls in US and Europe Topix position 6
Stock markets across the region were broadly stable with the pessimism over the economy offset by bargain-hunting investors.

http://www.telegraph.co.uk/finance/...r-sharp-falls-in-US-and-Europe.html

Hong Kong Backs Its Banks Topix position 7
Hong Kong's financial regulators announced on Tuesday that they would provide government backing for all of the territory's $773 billion in bank deposits through 2010.

http://www.ajc.com/biz/content/shar...a3-3894-4a68-ba67-673ed784bebb.html

Hong Kong and Japan step in to help banks Topix position 8
HONG KONG : Regulators in two of the biggest Asian financial centers stepped up their efforts Tuesday to ensure liquidity and insulate their respective banking systems from the turmoil in global credit markets.

http://www.iht.com/articles/2008/10/14/business/cbanks.php

3 Asian central banks slash interest rates Topix position 9
Lee Seong-tae, governor of the Bank of Korea, speaks during a press conference to announce the benchmark call rate at the headquarters of the Bank of Korea in Seoul, South Korea, Thursday, Oct.

http://www.examiner.com/a-1629189\~...nterest_rates.html?cid=rss-Business

Asia urges action on US bailout as shares plunge Topix position 10
Asia was shaken Tuesday by the collapse of the U.S. financial bailout effort, with the region's political leaders expressing hopes for a quick solution and Japan's central bank injecting more cash into money ...

http://wire.jacksonville.com/pstories/business/20080930/338464977.shtml

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