"Asia must find a solution to the debt market, " says Hong Kong Financial Secretary Donald Tsang Yam-kuen.

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Former central banker Joseph Yam Chi-kwong sent out waves of shock yesterday when he said it was time to reconsider the peg between Hong Kong and U.S. dollars.

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The remaining deals of the week are from quartz-countertop maker Caesarstone Sdot-Yam Ltd. and Chinese online retailer Vipshop Holdings Ltd.

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In November, WinFlex, a wind-power company based in Kiryat Yam, Israel, received one of the most coveted prizes in the GE Ecomagination Challenge for developing a wind-turbine system that uses a light, flexible cloth sheets made out of composite materials as the rotor system for a wind turbine.

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Mr Yam expects there to be 4, 000 by the end of the year and 6, 000-7, 000 eventually. (He reckons Apple has 3, 500 and that Nokia and Samsung have 9, 000 each.) HTC is also introducing phones tailored for the Chinese market.

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The Monetary Authority's Yam revised interbank trading rules to boost liquidity in the banking system, making it harder to manipulate local-dollar interest rates.

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