htmltext tag
<?xml version="1.0" encoding="utf-8"?> <mx:Application xmlns:mx="http://www.adobe.com/2006/mxml" layout="vertical"> <mx:Image alpha="100" source="logo.jpg" /> <mx:VBox backgroundColor="white" id="Fiction" label="Fiction"> <mx:Text width="800" textAlign="center" fontSize="36" text="Fiction" /> <mx:Text textAlign="left" width="100%"> <mx:htmlText> <li><b>Bold</b> - <i>italic</i> - this is a test</li> </mx:htmlText> </mx:Text> </mx:VBox> </mx:Application>