Hong Kong - Hong Kong's government is spending hundreds of thousands of US dollars looking for a new slogan to replace the current boast of "Asia's World City," a news report said Sunday.

The former British colony's government has spent 160,000 US dollars hiring multi-national communications company Fleishmann- Hillard to supervise the task, the Sunday Morning Post reported.

Hong Kong - Hong Kong shares slid back a further 3 per cent Thursday as investors sold off stocks on concerns over the state of the global economy.

The Hang Seng Index fell 611.06 points, or 3.09 per cent, to close the day at 19,388.72 points, just one day after tumbling back through the 20,000 barrier. Turnover was 
69.59 billion Hong Kong dollars (8.9 billion US dollars).

Hong Kong - China can expect a post-Olympics boom in visitor numbers from some of the millions who were dazzled watching the Beijing games on TV, a survey released in Hong Kong indicated Thursday.

The survey of audiences in 16 worldwide markets found that while 45 per cent of viewers intended to one day visit China before the games started, 51 per cent said they would visit after seeing the closing ceremony.

Meanwhile, the number of viewers saying they had no interest in visiting China dropped from one third to around one quarter between the opening and closing ceremonies.

Hong Kong - A Las Vegas casino is suing the estate of a Hong Kong businessman who leapt to his death after running up a casino bill of almost 800,000 US dollars, a news report said Thursday.

Wynn Las Vegas filed the suit in Hong Kong's High Court alleging that Alvin Lau Chiu-leung failed to pay back 782,000 dollars of a 2005 credit advanced by the casino, the South China Morning Post reported.

Hong Kong - Hong Kong shares slipped 2.4 per cent Wednesday with losses in property company and China banking stocks helping to drag the Hang Seng Index below 20,000.

The index lost 491.33 points to finish the day at 19,999.78, pulling it back to the sub-20,000 level, which it ended last week on for the first time in 17 months.

The combined losses of Tuesday and Wednesday all but wiped out Monday's rebound of more than 4 per cent prompted by the US mortgage bailout.

Hong Kong - Managers in Hong Kong enjoy the highest spending power in Asia and the highest among bosses worldwide outside the Middle East, a survey released Wednesday found.

Hong Kong came in fourth overall while in other Asian countries, bosses in Thailand ranked 10th in global spending power, followed by those in China at 17th, Singapore at 
22nd, Malaysia at 24th, South Korea at 35th and Japan at 39th.

The annual World Pay Report by recruitment specialists the Hay Group surveyed the spending power of bosses in 51 markets worldwide and found US managers ranked 
41st.