Multiple choice Asia week, the Hong Kong-based weekly which closed down was owned by: AOL Time Warner Indiatimes.com Express Group None of the above Reveal answer Fill a bubble to check yourself A Correct answer Explanation Asiaweek was a popular Hong Kong-based news magazine established in 1975. It was acquired by Time Inc. (later AOL Time Warner) and eventually ceased publication in 2001 due to a downturn in the advertising market.