Monday, March 09, 2009

Ships In The Mist


The financial tsunami has not stopped containerships ploughing through the Lamma Channel in Hong Kong on their way to China and Japan. The difference with before is that more often than not the containers are empty.

© Kees Metselaar 2009

Labels: , , , ,

Monday, November 17, 2008

Crisis, What Crisis?



This Starbucks under a JF Investment Centre in Jardine House in Hong Kong looks closed or not been opened yet. The coffee chain is not doing well during this financial crisis. Its share price more than halved and profits melted away.

McDonald's is still doing fine. They opened up their 1,000th outlet in China last week and its shares hardly moved down this year.
Maybe it is in their slogan "i'm lovin' it" here next to "love our homeland" on a street garbage can in Shenzhen, China.
Or maybe it is because for the price of one latte at Starbucks you get a whole meal at McDonald's.

© Kees Metselaar November 2008

Labels: , , ,

Friday, October 10, 2008

Stock Market Slaughter


The Hang Seng Index in the Hong Kong stock market went down today with 7.2 %.
Worldwide markets are tumbling down. No end in sight yet.

© Kees Metselaar 10/10/08

Labels: , , ,

Tuesday, September 30, 2008

Fortis Foil



Fortis is the largest European bank to be bailed out because of the credit market turmoil. The Belgian, Dutch and Luxembourg governments bought nearly half of its banking subsidiaries.
The pictures were made last november during a Fortis sponsored "Holland Village" right in the centre of Hong Kong's financial district.

© Kees Metselaar 2007

Labels: , , , , , ,

Free counter and web stats