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Banks in Shanghai's free-trade zone have cautiously welcomed a move from the central bank that will boost the volume of funding they can receive from offshore.
13 Feb 2015 - 10:12pm
Melco Crown Entertainment’s net profit plunged 58 per cent to US$92.9 million in the fourth quarter of last year, underscoring the rising pressure on Macau casino operators as gaming revenues...
13 Feb 2015 - 10:54am
Two senior executives at JP Morgan linked to a probe of its hiring practices in Asia are leaving the bank, it confirmed yesterday.
14 Feb 2015 - 12:15am
BYD, the Chinese carmaker backed by Warren Buffett, has agreed to sell a subsidiary to Holitech for 2.3 billion yuan (HK$2.88 billion), the company said in a filing to the Hong Kong stock exchange...
13 Feb 2015 - 9:47am
BANKING & FINANCE
Bank of East Asia profit growth nearly ground to a halt last year, with bad debts on the mainland the primary damper.
13 Feb 2015 - 9:48am
ECONOMY
Japan's core machinery orders rose in December at the fastest pace in six months, and companies expect orders to increase this quarter in a positive sign that business investment will underpin a...
12 Feb 2015 - 11:20pm
COMPANIES
Yuexiu Real Estate Investment Trust reported a record net profit last year and believes its income would continue to grow as solid demand for quality buildings will drive up rents.
13 Feb 2015 - 10:59pm
CHINA BUSINESS
The top-performing China hedge fund is piling back into property shares, reviving a trade that propelled it to a 46 per cent gain in the second half of last year.
14 Feb 2015 - 6:00am
COMMODITIES
Bunge, a top soyabean processor, has reduced the size of its pipeline of the oilseed flowing to China, the world's top importer, after overestimating demand late last year, chief executive Soren...
13 Feb 2015 - 10:20pm
Markets
Stock Quotes
RELATED TOPICS
Opinion
Companies
Alibaba's billionaire chairman Jack Ma Yun has told his 20,000 employees that this is the "most critical moment" in the Chinese e-commerce giant's 15-year history.
14 Feb 2015 - 10:23am
More than a year ago, the new leadership in Beijing said the market should be given a bigger say in the country's economy.
The saga of Kaisa Group Holdings, however, showed otherwise, with...
The saga of Kaisa Group Holdings, however, showed otherwise, with...
13 Feb 2015 - 11:44pm
Chinese smartphone maker Xiaomi is expanding into the United States market but will only sell accessories, which industry experts say could be due to concerns over product quality and patent...
13 Feb 2015 - 11:27pm
The country's biggest agribusiness firm China National Cereals, Oils and Foodstuffs Corp (Cofco) has received government approval to move forward with its restructuring plans, state media reported...
13 Feb 2015 - 10:37pm
Sands China, the largest Macau casino operator, announced a 15 per cent rise in full year profit to US$2.55 billion, more or less in line with a consensus forecast of US$2.59 billion...
13 Feb 2015 - 10:29pm
Xiaomi, China’s largest smartphone company, will begin selling headphones, smart wristbands and other accessories online in the United States in coming months, taking its first tentative step onto...
13 Feb 2015 - 3:56pm
If in fashion, being late on a trend can be lethal, playing catch-up in terms of business strategy can be just as damaging.
13 Feb 2015 - 10:42pm
As Jetstar Hong Kong awaits a regulatory hearing on Saturday, the stalled budget airline’s Japanese counterpart is preparing to take off in the city this month.
13 Feb 2015 - 5:29pm
Banking & Finance
Banks in Shanghai's free-trade zone have cautiously welcomed a move from the central bank that will boost the volume of funding they can receive from offshore.
13 Feb 2015 - 10:12pm
Two senior executives at JP Morgan linked to a probe of its hiring practices in Asia are leaving the bank, it confirmed yesterday.
14 Feb 2015 - 12:15am
13 Feb 2015 - 12:29am
Commodities
Gold demand hit a five-year low last year as buying of jewellery, coins and bars failed to keep pace with 2013's elevated levels, particularly in major consumer China, the World Gold Council said...
13 Feb 2015 - 9:27am
Beijing’s removal of the ban on Brazilian miner Vale’s giant iron ore carriers is a sign of mainland China’s strong hand in the global iron ore market as major producers Brazil and Australia...
10 Feb 2015 - 7:25pm
9 Feb 2015 - 4:41pm
Economy
Melco Crown Entertainment’s net profit plunged 58 per cent to US$92.9 million in the fourth quarter of last year, underscoring the rising pressure on Macau casino operators as gaming revenues...
13 Feb 2015 - 10:54am
In the two years that Peter Pau Tak-hei worked as a young banker in Hong Kong he watched more than 200 movies. His passion for film won out and a career change saw the banking industry's loss...
13 Feb 2015 - 10:29pm
12 Feb 2015 - 5:20pm
China Business
When consultant Bill Russo visited Chery Automobile's headquarters in Anhui province about three years ago, he listened to the company's plans to expand its factories to make as many as one...
14 Feb 2015 - 4:00am
Prices of existing homes inched up in Beijing and Shanghai last month, but falling sales indicated recovery in China's housing market remains fragile, according to the latest readings of the SCMP-...
13 Feb 2015 - 10:02pm
13 Feb 2015 - 11:11am
Property
Greenland Hong Kong, the Hong Kong-listed unit of the mainland’s largest developer by sales, announced it would diversify into internet finance this year, hoping to capitalise on the cyber world...
11 Feb 2015 - 6:11am
For Golden Wheel Tiandi Holdings, the strategy of developing properties close to metro stations on the mainland has paid off in a market downturn.
11 Feb 2015 - 5:57am
Imagine a long stretch of land with tall buildings lined along two sides. Two towers – connected through a canopy – front the two rows of buildings, acting as a gateway to the stretch that ends in...
11 Feb 2015 - 6:13am
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