Chinese sportswear group Li Ning reported on Tuesday a steeper-than-expected 1.98 billion yuan (HK$2.45 billion) loss for last year, its first annual loss since it listed in 2004, hit by inventory...
- Tue
- Mar 26, 2013
- Updated: 1:23pm
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The British 17-year-old has just sold his smartphone news app to Yahoo for a reported US$30 million (HK$232.9 million). He won early backing for Summly from the likes of Yoko Ono and Rupert...
Updated 12:52PM
Two of the most prominent US investors could upset Michael Dell’s US$24.4 billion (HK$189.4 billion) buyout bid for Dell, after billionaire Carl Icahn opened the door to an alliance with...
11:56AM
The messy deal to bail out Cyprus has averted the latest threat to the break-up of the euro but at the cost of raising new questions about the single currency’s long-term viability.
12:24PM
BANKING & FINANCE
Major central banks could become too powerful if they are given far-reaching new powers but remain fully independent from politics, Olivier Blanchard, the chief economist of the International...
12:29PM
ECONOMY
From her office across the lawns of the Champs de Mars from the Eiffel Tower, employers’ federation boss Laurence Parisot is fighting the rulebook to stay on the frontline of France’s battle for...
12:43PM
MONEY
Many are bitten by the start-up bug in Hong Kong, aka the "world's freest economy". The town celebrates successful entrepreneurs with a fervour people in other cities reserve for film and pop...
10:24AM
COMPANIES
Today's headlines include a couple of new developments in the recent privatisation wave for US-listed China firms, underscoring the difficulty of doing such deals that often require big fund...
12:27PM
China Business
Guangdong plans to spend 57.3 billion yuan (HK$70.82 billion) over the next 10 years to lead the mainland in producing new-energy vehicles, but will still fall far short of the sales target.
03:18AM
COMMODITIES
Mining majors China Shenhua Energy and Yanzhou Coal Mining are looking at flat or declining sales volumes this year, as falling coal prices see them cut procurement from third parties to make room...
03:18AM
Money
The Hong Kong insurance industry will raise its disclosure on fees in mid-April. However, buyer beware, most consumers will not notice a difference.
03:30AM
What does mainland China's highest grossing film of 2012 have to do with a tourist boom in Thailand?
03:30AM
The constant upkeep of a woman's appearance requires time, effort and most of all, money. But products vary wildly in terms of prices, so where does one start for decent and affordable cosmetics...
03:30AM
STOCK TALK
26Mar
Asian markets dipped on Tuesday after a top euro zone official suggested a levy on bank deposits used as part of the Cyprus bailout could be a template for future rescues in the troubled region.
MARKETS & INVESTING
Asian markets dipped on Tuesday after a top euro zone official suggested a levy on bank deposits used as part of the Cyprus bailout could be a template for future rescues in the troubled region....
11:20AM
SPENDING
The constant upkeep of a woman's appearance requires time, effort and most of all, money. But products vary wildly in terms of prices, so where does one start for decent and affordable cosmetics...
03:30AM
Wealth
The Cyprus fiscal nosedive comes as a blow to wealthy Chinese immigrants seeking a relatively cheap route to property and residency in the euro zone. Along with Ireland, Spain and Portugal, Cyprus...
02:23PM
The Cyprus fiscal nosedive comes as a blow to wealthy Chinese immigrants seeking a relatively cheap route to property and residency in the euro zone. Along with Ireland, Spain and Portugal, Cyprus...
05:22AM
Would you trust a European bank with your savings now? It was the accident waiting to happen. Cyprus, the Eurozone bailout that failed.
11:57PM
I’m old enough to remember when the Hong Kong Rugby Sevens was, well, about Rugby Sevens. There was a bit of 10s thrown in, but that was just the warm-up for the real thing.
03:38PM
That news story about China’s leaders wearing identical red ties, dark suits and helmets of jet black hair is absolutely true.
05:45PM
Companies
The British 17-year-old has just sold his smartphone news app to Yahoo for a reported US$30 million (HK$232.9 million). He won early backing for Summly from the likes of Yoko Ono and Rupert...
Updated 12:52PM
Chinese sportswear group Li Ning reported on Tuesday a steeper-than-expected 1.98 billion yuan (HK$2.45 billion) loss for last year, its first annual loss since it listed in 2004, hit by inventory...
11:07AM
Yahoo has snapped up mobile news aggregator Summly, the latest in a string of small acquisitions intended to bolster the Web portal’s mobile services.
11:15AM
With the giant state-owned fund house Cinda Asset Management planning to go public in Hong Kong this year, two behind-the-scenes investors in the company, including a private equity fund co-...
Updated 13:07PM
Banking & Finance
Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, has pleaded not guilty to insider trading charges.
11:47AM
Commodities
China Petroleum & Chemical (Sinopec) will continue to buy its parent's overseas assets to boost earnings after domestic fuel price controls stymied its profitability.
05:18AM
Initial public offerings by resource and mining companies could rebound this year, PricewaterhouseCoopers says. The firm expects 10 to 15 such companies to list in Hong Kong and raise HK$20...
04:19AM
Economy
The messy deal to bail out Cyprus has averted the latest threat to the break-up of the euro but at the cost of raising new questions about the single currency’s long-term viability.
12:24PM
China Business
Huang Chi-yuan is a practised multitasker. He has to be, in his position as chairman of the Taipei-based boutique merchant bank First China Capital Partners and also of the Taiwan Mergers and...
03:37AM
Property
A turning point could come for the property market in 2015 with expectations of a significant increase in new housing supply at that time. That will no doubt be good news for first-time homebuyers...
05:26AM
Video
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