Li Ends PCCW Saga

8:00 AM -- After months of wrangling, a court ruling has forced Richard Li to abandon his plan to privatize Hong Kong carrier PCCW Ltd. (NYSE: PCW; Hong Kong: 0008), which has just announced its 2008 results. (See PCCW: 2008 Report, Court Ruling.)

Check out this Bloomberg report for more details.

— Catherine Haslam, Asia Editor, Light Reading