Some of the world's top luxury brands are set to list on the Hong Kong bourse to tap China's deep capital markets -- and draw more customers -- as demand for premium goods soars in Asia, analysts say.
The city's profile as a luxury magnet was boosted in January when Prada said it would list its shares in Hong Kong, after French cosmetics chain L'Occitane raised more than $700 million in the financial hub last year.
Full StoryU.S. film giant Warner Bros has revealed the titles of the two long-delayed upcoming "The Hobbit" movies, prequels to the Tolkien epic "Lord of the Rings" by Oscar-winning director Peter Jackson.
"The Hobbit: An Unexpected Journey" is due to be released in December 2012, while "The Hobbit: There and Back Again" is slated for release 12 months later, the studio said on the project's Facebook page.
Full StoryThe website of a U.S. public television news program said Monday its website had been targeted by hackers who planted a false story about rapper Tupac Shakur.
The website of the NewsHour program was briefly shut down, but the Public Broadcasting Service (PBS) told visitors that "no personal information or email addresses were compromised in any way during the incident."
Full StoryLike dancing and looking for new club music? Move over London and Ibiza, it's time to check out .... Romania.
Artists from this eastern European state have inched their way onto the international scene to beat out Lady Gaga for a big U.S. dance song award, score millions of views on YouTube and sell hundreds of thousands of singles.
Full StoryA glut of Bollywood sequels are due out in the coming months, prompting questions about whether the industry has run out of ideas or is just milking a successful formula in troubled times.
More than a dozen follow-ups are in the pipeline, including "Bheja Fry 2" (Brain Fry), a second "Dabangg" (Fearless), a third in the "Dhoom" franchise and another installment of the "Golmaal" series.
Full Story"Beautiful Girls" singer Sean Kingston was injured when his personal watercraft slammed into a bridge in Miami, The Miami Herald reported Monday.
The newspaper said Kingston, 21, was intensive care after he and a female friend crashed into the Palm Island Bridge. The two were picked up by another boater after being thrown into the water after the crash, authorities told the newspaper.
Full StoryThe ex-husband of Arnold Schwarzenegger's lover told a Colombian magazine Sunday that he plans to sue the former governor, alleging that the birth certificate of the couple's love child was falsified.
Rogelio Baena, a Colombian native, was married to Mildred Patricia Baena, who was a housekeeper to the Hollywood star-turned California governor and his celebrity wife Maria Shriver.
Full StoryHollywood's hangover is a lot bigger the second time around.
"The Hangover Part II" hauled in $86.5 million in its first weekend, putting Hollywood on course to set a new revenue record for the long Memorial Day weekend, according to studio estimates Sunday.
Full StoryColombian pop singer Shakira said Saturday she would one day like to sing pop songs, if not an entire album, in Arabic.
The native Spanish speaker, who also has global hits in English, was speaking at a news conference in Morocco, where she was headlining the Mawazine World Rhythms music festival.
Full StoryIndonesian movie lovers are being starved of the latest Hollywood blockbusters by a drawn-out tax dispute which has led U.S. studios to boycott the country in protest.
Since the Motion Picture Association (MPA) stopped distributing films to Indonesia in February, cinema takings have tumbled as theatres try to fill the gap with local fare and B-grade foreign films dug out of the rejects bin.
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