Friday, February 27, 2015

South China Morning Post


  • FRIDAY
  • February 27, 2015
  • Last updated: 7:58pm
Hong Kong
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Humidity 92%
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Pollution -

Nine missing as speedboat carrying illegal immigrants capsizes off Macau

The speedboat capsized before dawn. Photo: SCMP PicturesUPDATE
At least nine people are believed to be missing after a speedboat allegedly used to transport illegal immigrants from mainland China capsized off Macau on Friday.
Friday, 27 February, 2015, 7:58pm

China in ‘aggressive’ effort to expand its South China Sea outposts, says US

Director of National Intelligence James Clapper prepares to testify on Capitol Hill in Washington. Photo: AP
China is expanding its outposts in the South China Sea to include stationing for ships and potential airfields as part of its “aggressive” effort to exert sovereignty, the US intelligence chief said on Thursday.
27 Feb 2015 - 7:55pm 1 comment

Rogue trader Nick Leeson: There will be more financial scandals while people go unpunished

'The reality is if they can get away with it then some people will still do whatever they think will make them money', says Nick Leeson. Photo: Handout
But, unlike the UK and USA, Leeson believes both Hong Kong and Singapore are better placed than other markets to avoid such wrongdoing.
27 Feb 2015 - 2:52pm

Taiwan says it may fly military planes in civil airspace set by China

Taipei is concerned that four new mainland Chinese air routes beside Taiwanese airspace could pose a danger to the island's aircraft operating from its airports. Photo: AFP
A ranking Taiwan transport official on Thursday reiterated opposition to China’s planned corridors for commercial flights above the Taiwan Strait, suggesting the use of military planes for interception after the new airspace is implemented. 
27 Feb 2015 - 6:16pm

Beijing commits to maritime cooperation with Sri Lanka amid fears over port deal

The development deal with Sri Lanka in the port of Colombo is part of Beijing’s efforts to create a 'Maritime Silk Road', an initiative to expand sea trade routes, but which could also serve strategic purposes. Photo: AFP
Beijing is committed to launching maritime cooperation with Sri Lanka amid concerns over the cancellation of a port development project in Colombo led by a Chinese company.
27 Feb 2015 - 6:17pm

Apple Watch to debut on March 9, with China in the company's sights

In September, Apple unveiled three watch collections - the basic model, the Sport model and the Edition model. Photo: Bloomberg
Apple is due to enter China's hugely lucrative luxury watch market with the launch of the Apple Watch, which will debut at an event on March 9, the company announced this week. 
27 Feb 2015 - 1:59pmMore on Apple

Chinese Tesla owner turns power line into illegal personal charging station

Green lights on the Tesla's display show that the vehicle is charging. Photo: Weibo
The owner of a Tesla electric car in China's Sichuan province came up with an innovative way of charging his vehicle: plug it directly into a power line.
27 Feb 2015 - 6:39pm 2 commentsMore on Tesla

Half-naked ‘mentally ill’ young woman rescued after family locks her up for five years

Zhang Qi, 24, lies inside the room where she had been locked for five years by her Chinese family in Xiaochang county, Hubei province. Photo: cnhubei.com
BREAKING
A half-naked "mentally ill" young woman was rescued by internet activists after being locked in a room for five years by her Chinese family after a dispute with her mother.
27 Feb 2015 - 6:21pm 2 comments

China’s toilet ‘revo-loo-tion’ scraps luxury public conveniences in tourist spots

Plans to build luxury toilets in China's tourist areas are to be scrapped in favour of cleaner, more practical facilities, says Li Jinzao, director of China National Tourism Administration. Photo: AP
China is to scrap its controversial plan to build luxury public conveniences in tourist spots and instead will replace them with cleaner, more practical facilities as part of its “toilet revo-loo-tion”, the Beijing News reports.
27 Feb 2015 - 6:20pm

Hong Kong industries urged to embrace China’s New Silk Road

Hong Kong manufacturers have been urged to consider relocating to cheaper bases, such as Cambodia. Photo: Denise Tsang
The national “one-belt-one-road” export policy will offer opportunities for Hong Kong manufacturers in the Pearl River Delta and the city’s financial services sector, industry insiders said.
27 Feb 2015 - 2:01pm 1 commentMore on Hong Kong Budget 2015

China’s top climate negotiator removed from leadership list

The move, which appears to confirm Xie Zhenhua has retired, means it is unclear who will lead the Chinese team at crucial climate talks in Paris at the end of the year
27 Feb 2015 - 6:30pm

Taiwan prison warden ‘lied about heroic offer to be hostage’ in deadly siege

UPDATE
Chen Shih-chih became a hostage by accident – bumping into armed inmates at Kaohsiung Prison on February 11 as he belatedly ran to the scene 30 minutes after siege began
27 Feb 2015 - 7:48pm
Armed Chinese police patrol near the exit of Urumqi's South Railway Station after last May's bomb and knife attack in Xinjiang, which left three people dead. Photo: Reuters

China narrows terrorism definition by deleting ‘thought’ from list of crimes

27 Feb 2015 - 8:15am 5 comments
Members of the China People's Liberation Army march beside a navy submarine during a ceremony. Photo: Robert Ng

China building ‘amazing submarines’ ... although not as good as ours, says US admiral

26 Feb 2015 - 4:27pm 11 comments
Argentina successfully launched a geostationary communications satellite that was built at home with local technology, a first for Latin America. The ARSAT-1, the product of seven years of work by a team of 400 specialists, launched from the launch pad at the ESA base in Kourou, French Guiana in October, 2014. Photo: ARSAT

China gets approval to build Argentina satellite tracking station for moon missions

27 Feb 2015 - 3:20am 1 comment
Erwiana meets her supporters outside Wan Chai District Court following the sentencing of her former employer Law Wan-tung. Photo: Dickson Lee

Erwiana’s former boss jailed for six years as judge calls her behaviour ‘contemptible’

27 Feb 2015 - 6:58pm 43 comments
Pansy Ho Chiu-king, the managing director of Shun Tak Holdings, made the Forbes list of the 50 most powerful businesswomen in Asia. Photo: Nora Tam

Mainland Chinese, Hongkongers lead way in Forbes powerful women in Asia list

27 Feb 2015 - 9:42am
The Li Ka-shing controlled Tom Group runs an e-commerce joint venture on the mainland called Ule with China Post. Photos: Felix Wong, Reuters

Li Ka-shing’s Tom Group bares plans for ambitious internet finance venture in China

26 Feb 2015 - 1:49pm
Xi Jinping's political theory is called the 'four comprehensives'. Photo: Xinhua

Rise of China's middle class will not challenge Communist Party: state media

27 Feb 2015 - 3:32am 5 comments
Fears case against obstetrician whose patient died after delivery will set China precedent

Fears case against obstetrician whose patient died after delivery will set China precedent

27 Feb 2015 - 9:49am 1 comment
Workers destroy illegal ivory in Dongguan, southern Guangdong province. Ivory imports have been banned on the mainland for a year. Photo: AP

China bans ivory imports for a year ahead of Prince William's visit

27 Feb 2015 - 11:35am 4 comments
US Federal Communications Commission Chairman Tom Wheeler gestures near the end of a hearing for the vote on net neutrality on Thursday. Photo: AP

Landmark US rules enforce ‘net neutrality', banning preferential treatment for websites

27 Feb 2015 - 10:45am

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SCMP Brand Post

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Fire dragon in action

Follow the fire dragon for a night to remember

Lin Boqiang, director of the China Centre for Energy Economics Research at Xiamen University

Power shift: China to boost clean energy investment

SCMP ePaper Edition

27 FEB 2015
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Leader

Currently, buildings account for 90 per cent of total electricity consumption in Hong Kong and contribute more than 60 per cent of greenhouse gas emissions. Photo: K.Y. Cheng

Reducing consumption of energy is a task for all Hongkongers

27 Feb 2015 - 10:31am 4 comments
Philippine President Benigno Aquino arrives during the 29th anniversary celebration of the revolt known as People Power revolution at the People's Power Monument in suburban Quezon city, north of Manila, Philippines. Photo: AP

Philippine President Benigno Aquino walking a tightrope

27 Feb 2015 - 9:07am 3 comments

Today's Poll

  • 45
  • 55
Total number of votes recorded: 599

Focus

John Tsang's budget giveaways fuelled by government's huge surplus

The budget included handouts for welfare recipients as well as the middle class and small businesses. Photo: K.Y. ChengDENISE TSANG
The government's more generous than expected budget sweeteners have cheered the middle class, the poor, small businesses and even property developers.
27 Feb 2015 - 9:55am

Harry's View

Business

The first train carrying containers pulls out of a logistics terminal jointly built by China and Kazakhstan in Lianyungang City, east China's Jiangsu Province. Photo: Xinhua

China to sign New Silk Road investment deals next month, state media report

NEW
China will sign a series of flagship agreements with countries including Kazakhstan and Pakistan next month as part of Beijing’s plan to revive economic development along the ancient Silk Road, the Shanghai Securities News reported on Friday.
27 Feb 2015 - 9:36am
PROPERTY

New World Development upbeat on HK market after posting 5pc gain in core profit

New World Development is optimistic on the outlook of the Hong Kong property market, after posting a modest 5 per cent gain in underlying profit to HK$4.41 billion for the six months to December.
27 Feb 2015 - 1:31pmMore on New World Development Co

Property

The volume of sales of luxury apartments in Shanghai worth more than 10 million yuan fell 34 per cent last year to 2,246 units from 2013. Photo: AFPRESIDENTIAL

Chinese developers to raise luxury home prices in prime cities

Some Chinese developers are planning to raise prices for new luxury projects in prime areas this year, in a rare sign of improving sentiment in a market that saw new home prices fall for the last eight months of 2014.
24 Feb 2015 - 6:22pmMore on China Property
INTERNET

Greenland to diversify into internet finance

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 to offer financial services to cash-strapped mainland developers.
11 Feb 2015 - 6:11amMore on China Property
STRATEGY

Golden Wheel Tiandi on a roll with metro projects

11 Feb 2015

MORE PROPERTY NEWS

The moment before the two characters' lips meet.

First lesbian kiss on Korean TV drama sparks debate

An unprecedented lesbian kiss between two high school students on a popular South Korean TV drama has fuelled a debate about portrayals of sexuality in a rapidly modernising society with deeply conservative roots.
27 Feb 2015 - 2:50pm

Benedict Cumberbatch on Alan Turing's legacy and the challenge it presented for The Imitation Game crew

25 Feb 2015

Exhibition: street photographer Sarah Choi's first solo show opens

27 Feb 2015
Former model Helena Rizzo of Mani restaurant in Sao Paulo, Brazil, was named top female chef in the world by Restaurant magazine.

Ex-models take on new careers in the kitchen

Food and models are not an obvious pairing. Yet increasingly they are moving from catwalk to kitchen - among them Hong Kong's Amanda Strang, supermodels Jourdan Dunn and Karlie Kloss, and Helena Rizzo, named world's best woman chef.
27 Feb 2015 - 10:13am

Hong Kong hawkers find finance chief’s food truck plan unappetising

26 Feb 2015 15 comments

Restaurant review: New-look Pawn wins with starters

26 Feb 2015
Green lights on the Tesla's display show that the vehicle is charging. Photo: Weibo

Chinese Tesla owner turns power line into illegal personal charging station

The owner of a Tesla electric car in China's Sichuan province came up with an innovative way of charging his vehicle: plug it directly into a power line.
27 Feb 2015 - 6:39pm 2 commentsMore on Tesla

Apple Watch to debut on March 9, with China in the company's sights

27 Feb 2015

WTO rules make it difficult for Cisco and Apple to challenge Chinese government 'black list'

27 Feb 2015

Magazines

Sport

Marcello Lippi is thrown into the air by his players as Guangzhou Evergrande celebrate beating  South Korea's FC Seoul in the 2013 Asian Champions League final. Photo: AP
SOCCER

Tributes pour in for Marcello Lippi as he parts ways with Guangzhou Evergrande

Fans and media heaped praise on Italy’s World Cup winning-coach Marcello Lippi on Friday, after he resigned from Chinese club Guangzhou Evergrande following three trophy-laden years.
27 Feb 2015 - 1:22pm

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