Will 7-Eleven’s New Cafe Win Over Hong Kong Foodies?

It’s just before noon on a Tuesday, and despite the rain, a few dozen schoolgirls in white uniforms and navy cardigans are milling about the 7-Eleven on Tong Chong Gai, a bustling Hong Kong side street of restaurants and cafs. A few of the teenagers grab chocolate milk and sushi rolls from the open chiller

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Lehman saga still being unraveled in London

One year after the collapse of banking stalwart Lehman Brothers, the administrator of its European business says the full impact on creditors may not be known until 2010. Tony Lomas, a partner for PricewaterhouseCoopers, has been sorting through the financial remains of the banking giant’s European division since last September, when it became clear the bank would file for bankruptcy.

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Amusement parks thrill iReporters

“If Japan recklessly ‘intercepts’ [North Korea’s] satellite for peaceful purposes, the [Korean People’s Army] will mercilessly deal deadly blows not only at the already deployed intercepting means but at major targets,” KCNA reported. Japan recently mobilized its missile defense system in response to the planned North Korean launch, Japanese officials said.

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Japan prepares for new prime minister

Liberal Democratic Party Prime Minister Taro Aso resigned early Wednesday, setting the stage for Democratic Party of Japan leader Yukio Hatoyama to take over the reins of government. Last month, Japanese voters swept Aso’s party — which had governed Japan for nearly 50 years — from power in the wake of Japan’s worst recession since World War II

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