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Persons: Dow Jones, prabhakar, parker
Why Hong Kong can’t cut loose from the US dollar just yet
  + stars: | 2023-06-13 | by ( Laura He | ) edition.cnn.com   time to read: +11 min
Hong Kong CNN —Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar. The Hong Kong Monetary Authority (HKMA) is committed to keeping the Hong Kong dollar between 7.75 and 7.85 per greenback. People walk past the Hong Kong Monetary Authority (HKMA) on May 4, 2023, in Hong Kong, China. “Pegging the Hong Kong dollar to the US dollar encourages such transactions to be carried out in Hong Kong and under Hong Kong law, even if neither party is based in Hong Kong.”This helps to create jobs and prosperity in Hong Kong, while also benefiting mainland China.
Persons: Hong, hasn’t, Andy Xie, ” Logan Wright, Bill Ackman’s, Ackman, Wright, Peter Parks, Kong, Deng Xiaoping, Margaret Thatcher, outflows, Chi Lo, Chen Yongnuo, Hong Kong’s, , Richard Cookson ,, Boaz Weinstein, Daniel Fung, Rhodium’s Wright, Xie, Eddie Yue, Banks, John Greenwood, , Greenwood, ” Greenwood Organizations: Hong Kong CNN, British, Hong, Traders, Hong Kong, Bill Ackman’s Pershing, Capital Management, Getty, Lehman Brothers, Hong Kong Monetary Authority, US Federal Reserve, Asia Pacific, BNP, Asset Management, Fed, China News Service, Rubicon Fund Management, Bloomberg, Saba Capital Management, National Security Law, CNN Locations: Hong Kong, United States, China, Hong, Beijing, AFP, Britain, , , Riding
Summer movie preview 2023
  + stars: | 2023-05-05 | by ( Dan Heching | ) edition.cnn.com   time to read: +12 min
CNN —Most moviegoers can pinpoint one summer movie – or perhaps, a summer of movies – in their formative years that really and truly cemented their love for going to the cinema, whether it be 1975’s “Jaws,” “E.T. And while streaming has clearly siphoned off part of the audience, particularly for more serious films, what we think of as “summer movies” still have the potential to rake in cash just like the old days. (CNN and DC are both part of the same parent company, Warner Bros. Courtesy Warner Bros. PicturesInitially meant for streaming platforms, this vehicle will herald the cinematic arrival of DC Studios’ first Latino superhero, played by Xolo Maridueña of “Cobra Kai” and “Parenthood” fame. If the fast-paced trailer is any indication, the movie looks sure to whisk those dog days of summer doldrums away quite nicely.
And, for once, the success of a Marvel film could bode well for the future of its longtime adversary. On the theatrical side, DC Studios has announced five new projects that will roll out starting in 2025 with Gunn's own "Superman: Legacy." "And I think Marvel Studios, sooner rather than later, needs to tell us what's going on with Spider-Man." He sees this as the result of predictable plotlines within the genre that are repeated across both studios' films. Marvel Studios
A New York City house with Spider-Man's address is for sale for $2.1 million. With 4 beds and 3.5 baths, it's a far shot from Peter Parker's working class upbringing in the comics. 20 Ingram Street in Forest Hills, Queens — the home of the fictional family of Spidey, Aunt May, and Uncle Ben — is currently listed on StreetEasy. "As soon as the comic book identified 20 Ingram as the Spider-Man house, they became flooded," Gigi Malek, the realtor who listed the house, told ABC 7. Now, the home is ready for new owners to take on the task of fielding Spider-Man's mail.
CNN —After a breathtaking debut in 2018’s Oscar-winning animated “Spider-Man: Into the Spider-Verse,” Miles Morales is back for more universe-crossing adventures. The first trailer for “Spider-Man: Across the Spider-Verse” dropped on Tuesday, starting off with a contemplative moment between Morales – one of multiple Spider-Men throughout the multiverse – talking to his mother Rio as they look out on a view of New York City. Actor Shameik Moore is returning to supply the voice of Morales, as is Luna Lauren Vélez in the role of Rio, Hailee Steinfeld as Gwen Stacy/Spider-Gwen and Jake Johnson as Peter Parker. Other notable stars lending their vocals to the sequel include Daniel Kaluuya, Rachel Dratch, Brian Tyree Henry, Issa Rae and Oscar Isaac. “Spider-Man: Across the Spider-Verse” swings into theaters on June 2, 2023.
Korean-American superhero 'Silk' comes to small screen
  + stars: | 2022-11-17 | by ( ) www.reuters.com   time to read: +1 min
Nov 17 (Reuters) - Silk, a Korean-American superhero, will be coming to MGM+ and Amazon Prime Video in a live-action television series based on Sony Pictures' universe of Marvel characters, Amazon said Thursday. Deal terms were not disclosed for this first installment in a multi-series agreement Amazon struck with Sony. It will be distributed globally on Prime Video in more than 240 countries. Angela Kang, a Korean-American television writer and producer who is showrunning "The Walking Dead," will serve as showrunner. She developed the series with "Into the Spider-Verse" producers Phil Lord, Christopher Miller and Amy Pascal, who will serve as executive producers.
HONG KONG — After mass unrest in 2019, a pandemic that left it isolated from the world and the imposition of a national security law that has crushed dissent, Hong Kong is ready to turn the page. According to government statistics, about 319,000 people arrived in Hong Kong last month, down 97% from 10.8 million in October 2019. According to one report last month, Hong Kong has lost its status as Asia’s top financial center to Singapore. While it may not be realistic to expect businesses to turn away from China’s huge market, global business leaders “need to recognize that there’s a new situation in Hong Kong, there’s a new reality,” said Brian Kern, the lead researcher for a report on doing business in Hong Kong that was published last month by the Hong Kong Democracy Council, a nonprofit group based in Washington. Lee also pointed to a report in September in which Hong Kong topped Singapore as the world’s freest economy.
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