Translation from English

Thursday, August 14, 2014

South China Morning Post- Business


The Hong Kong Securities and Futures Commission said on Thursday that it had begun proceedings in the Market Misconduct Tribunal against Salina Yu Lai-si, the former chief executive of Water Oasis...
15 Aug 2014 - 9:29am
South Africa’s Standard Bank has booked an US$80 million writedown from its exposure to a suspected aluminium financing fraud in China.
Updated 15 Aug 2014 - 9:13am
Swire Properties posted a 34.2 per cent jump in first-half underlying profit to HK$3.78 billion on strong property sales and rising rental income, with the property giant looking to build on its...
15 Aug 2014 - 12:43am
Chinese technology giant Lenovo is gearing up to launch its new generation of smart devices, after posting strong earnings in the quarter to June on record global market share gains in personal...
15 Aug 2014 - 12:45am

BANKING & FINANCE

Trust assets on the mainland expanded at the slowest pace in two years as the government cracks down on shadow banking and investors reassess the risks of the high-yield investments.
13 Aug 2014 - 4:59am

ECONOMY

The euro-zone economy ground to a halt in the second quarter of the year, drained of vigour by surprisingly shrinking growth in Germany and stagnancy in France.
15 Aug 2014 - 1:09am

MONEY

15 Aug 2014 - 12:13am

Companies

The Hong Kong Securities and Futures Commission said on Thursday that it had begun proceedings in the Market Misconduct Tribunal against Salina Yu Lai-si, the former chief executive of Water Oasis...
15 Aug 2014 - 9:29am

China Business

The mainland's second-largest sportswear brand, Li-Ning, saw its first-half loss soar 218.5 per cent year on year to 586 million yuan
15 Aug 2014 - 12:40am

COMMODITIES

Gold demand fell 16 per cent in the second quarter, led by declines in India and China, the World Gold Council said.
15 Aug 2014 - 1:09am

Markets

Stock Quotes

STOCK TALK

13Dec
UBS sees the Hang Seng Index gaining at least 15 per cent next year on the back of improving earnings growth in sectors like consumption, internet commerce and non-bank financial firms.

MARKETS & INVESTING

Telstra, Australia's largest telephone company, said it would buy back A$1 billion (HK$7.2 billion) in shares and also raised its dividend as full-year profits came in above forecasts.
15 Aug 2014 - 1:09am

SPENDING

Amid the mainland’s clampdown on visible luxury, high-net-worth individuals are shifting away from merely owning things to seeking experiences that will help them acquire a modicum of savoir faire...
18 Jun 2014 - 1:36am

Wealth

The world’s richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into...
23 Jun 2014 - 9:26pm
  

Companies

Homegrown casual wear brand Giordano's profits plunged in the first half as its clothing lines failed to impress shoppers and competition in women's wear intensified.
15 Aug 2014 - 4:03am
TCL Communication Technology, one of the world's largest mobile phone makers, staged a massive turnaround as its first-half net profit climbed 308 per cent to HK$441 million, against a net loss of...
15 Aug 2014 - 1:09am
Chinese technology giant Lenovo is gearing up to launch its new generation of smart devices, after posting strong earnings in the quarter to June on record global market share gains in personal...
15 Aug 2014 - 12:45am
Swire Properties posted a 34.2 per cent jump in first-half underlying profit to HK$3.78 billion on strong property sales and rising rental income, with the property giant looking to build on its...
15 Aug 2014 - 12:43am
China State Construction International posted a 24.93 per cent jump in first-half net profit as construction business boomed in Hong Kong and Macau.
14 Aug 2014 - 3:22pm
Taiwan’s Hon Hai Precision Industry reported a third consecutive gain in quarterly profit as the world’s largest contract maker of electronic goods continued to benefit from demand for products...
14 Aug 2014 - 9:53am
Shares of CLP Holdings gained 1.2 per cent to HK$65.45 yesterday after it posted a 22.4 per cent rise in first-half net profit and said it would need to increase prices by less than previously...
15 Aug 2014 - 12:35am
Sports shoe maker Yue Yuen Industrial declared on Thursday morning a 47.8 per cent plunge in profit for the first half compared with the same period last year.
14 Aug 2014 - 10:39am

Banking & Finance

South Africa’s Standard Bank has booked an US$80 million writedown from its exposure to a suspected aluminium financing fraud in China.
Updated 15 Aug 2014 - 9:13am
China’s new yuan loans dropped sharply last month, the central bank said, citing seasonal factors and a high comparison base.
13 Aug 2014 - 12:07pm

Commodities

Indonesia's ban on ore exports will remain in place under the next government as the curbs spur as much as US$18 billion in investment in processing plants by 2017, according to the Energy and...
14 Aug 2014 - 1:28am
Sunshine Oilsands reported on Wednesday an interim net loss of C$13.1 million (HK$92 million), a 20 per cent improvement on last year’s first half.
13 Aug 2014 - 11:07am

Economy

South Korea's central bank cut the benchmark interest rate for the first time in 15 months yesterday, a dramatic shift from its hawkish policy stance that many analysts see as caving in to...
15 Aug 2014 - 4:04am
Japan's core machinery orders rose for the first time in three months in June after a record plunge in May, but weak exports and industrial production cloud the outlook for the capital spending...
15 Aug 2014 - 1:09am

China Business

Hong Kong-listed Wanjia Group, a wholesaler and distributor of pharmaceutical and healthcare products in Fujian province, has revealed a loss attributable to shareholders in the second quarter of...
14 Aug 2014 - 2:16pm
China Mobile, the world's largest wireless network operator by number of subscribers, says it will be one of the first operators to offer Apple's iPhone 6, which is expected to be launched later...
15 Aug 2014 - 12:34am

Property

The first annual sales target cut announced by a major Hong Kong-listed mainland developer has revealed the dilemma facing many players in an industry downturn: to take the hit now or give up a...
15 Aug 2014 - 1:20am
Swire Properties posted a 34.2 per cent jump in first-half underlying profit to HK$3.78 billion on strong property sales and rising rental income, with the property giant looking to build on its...
15 Aug 2014 - 12:43am
Annual growth in mainland real estate investment dropped to the slowest pace in almost five years in the first seven months of the year.
14 Aug 2014 - 4:25pm

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