The Internet Business Centre was launched by the South China Morning Post yesterday, offering business and investor information tailored to the needs of Hong Kong managers and executives. Located at www.business.scmp.com , it combines electronic finance data with the latest business news stories. While on-line financial information already was available, packaging it with business stories gave users a fuller insight, said Christopher Justice, head of the Post on-line service, PostNet, and the driving force behind the creation of the Business Centre. 'We are providing Hong Kong readers with useful information that complements and extends the information they receive from the Post.' 'Big companies have access to Lexus/Nexus searches or devote entire departments to retrieving this type of information,' he said. 'Managers and executives at smaller businesses spend a lot of money employing clipping services to track this information.' The Internet Business Centre is the answer for these smaller firms. The 24-hour on-line service is available in two forms - Global Investor and Your Money. Subscribers need only an Internet account with any Internet service provider. Software can be downloaded from the Post Internet address. Your Money is a free service for smaller investors, featuring regular columns from Post business writers, including Diary of a Private Investor. The service also provides stock, bond and foreign exchange rates and recommendations from regional brokers and fund managers. 'We are looking to help the smaller investor who may not have the time or money to track down this information any other way,' Mr Justice said. Your Money also allows users to track the progress of their own stock portfolio of up to 10 stocks. The service provides daily stock closing prices. It also features weekly tables of the top 200 Hong Kong stocks, international mutual funds, country funds and bond rates. Global Investor is geared towards the larger-volume investor, with two subscription rates at $108 per month and $788 for a more extensive service. The overall Global Investor service is a collaboration with the British on-line information firm, Market Analysis Information Data. With the basic subscription, users' capabilities are expanded with unlimited access to daily stock, foreign exchange and metal price closes and news clipping folders to track individual companies and industries. Subscribers can create four individual stock portfolios to manage, which they can link to the systems 'alert' feature which is triggered when a stock reaches a certain price. 'Smaller companies will find these types of services extremely useful,' he said. Users also can access 90-day spot price charts for their stocks and extensive company background briefing. Mr Justice said the premier option allowed users to download an unlimited number of articles from the centre's Global Search. He said the Business Centre's search was similar to the Lexus/Nexus search for which leading financial companies pay several thousand dollars. 'It marries the World-Wide Web with a vast database of 4,500 news services worldwide,' he said. Subscribers of Global Investor will be eligible to win an IBM Aptiva P133 MHz PC valued at $15,000, courtesy of the Post, IBM and Microware Computer Systems.