Hutchison Whampoa, Hong Kong tycoon Li Ka-shing’s ports-to-telecoms conglomerate, reported a 53 per cent fall in 2012 net profit on Tuesday, but the result still beat market expectations.
- Tuesday
- March 26, 2013
- Last updated: 5:30pm
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First lady Peng Liyuan's choice of home-grown designer brands on her maiden overseas trip with President Xi Jinping has been hailed as a boon for China's fashion industry, yearning for its own "...
08:53AM
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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-...
01:07PM
The top court ruled yesterday that foreign domestic helpers did not have the right to apply for permanent residency, affirming the government's right to impose immigration controls. The landmark...
11:27AM
North Korea’s military put its “strategic” rocket units on a war footing on Tuesday, with a fresh threat to strike targets on the US mainland, Hawaii and Guam, as well as South Korea.
Updated 16:45PM
The Chinese woman told a shocked New York real estate agent that her daughter would be going to Columbia University, New York University or maybe Harvard in the future.
Updated 17:05PM
The chief executive admitted on Tuesday calling the mainland official in charge of Hong Kong affairs before the city raised a stamp duty last year, but denied he was seeking approval for the...
Updated 16:59PM
April Fool’s Day is just around the corner, so perhaps China’s soccer fans decided to act early and make fun of their favourite star.
11:58AM
Seeking to address concerns that China is exploiting Africa's resources and its market for consumer goods, President Xi Jinping vowed to build a mutually beneficial relationship that benefits...
12:10PM
Today in SCMP.com
Editor's Pick
In Hong Kong, people enthuse over the "rule of law" and its long-standing presence here. It is the cause of our economic miracle and social stability, and is purportedly the main difference...
03:28AM
Today's Poll
- Yes: 63%
- No: 37%
26 Mar 2013
- Yes
- No
Insight
In the past two weeks, more than 16,000 dead pigs have been fished out of the Huangpu River, near Shanghai, and its tributaries. Outraged Chinese citizens have decried government negligence of the...
03:28AM
Hong Kong
The chief executive admitted on Tuesday calling the mainland official in charge of Hong Kong affairs before the city raised a stamp duty last year, but denied he was seeking approval for the...
Updated 16:59PM
The screening system is now expected to be rewritten after five judges of the Court of Final Appeal unanimously allowed a challenge by three African men. The government said the ruling would not...
02:04PM
The top court ruled yesterday that foreign domestic helpers did not have the right to apply for permanent residency, affirming the government's right to impose immigration controls. The landmark...
11:27AM
Disneyland will increase its ticket prices across the board from tomorrow. The cost of visiting the theme park with an adult one-day ticket will rise HK$51, or 12.8 per cent, from HK$399 to HK$450...
05:57AM
China
The chairwoman of the Chengdu Hongqi supermarket chain denied today that her store in the Chinese Communist Party’s secretive leadership compound had been closed.
Updated 17:19PM
The Chinese woman told a shocked New York real estate agent that her daughter would be going to Columbia University, New York University or maybe Harvard in the future.
Updated 17:05PM
Chinese President Xi Jinping met his South African counterpart Jacob Zuma on Tuesday in a state visit ahead of a BRICS summit of emerging powers.
Xi and his wife received a 21-gun salute at...
04:37PM
Chinese internet users expressed their anger after six Danish tourists were witnessed urinating in the middle of a busy overpass in Shanghai.
03:50PM
Asia
North Korea’s military put its “strategic” rocket units on a war footing on Tuesday, with a fresh threat to strike targets on the US mainland, Hawaii and Guam, as well as South Korea.
Updated 16:45PM
World
A 34-year-old Muslim convert who planned to attack a US military recruiting centre with grenades and machine guns in revenge for alleged US war crimes was jailed for 18 years on Monday.
Updated 17:00PM
A post-mortem examination found that self-exiled Russian tycoon Boris Berezovsky died by hanging, and there was nothing pointing to a violent struggle, according to British police.
02:12PM
Italy’s highest criminal court has overturned the acquittal of Amanda Knox in the slaying of her British roommate and ordered a new trial.
05:30PM
Business
Hutchison Whampoa, Hong Kong tycoon Li Ka-shing’s ports-to-telecoms conglomerate, reported a 53 per cent fall in 2012 net profit on Tuesday, but the result still beat market expectations.
Updated 17:18PM
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
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...
12:52PM
HSBC has implemented a yuan cross-border trade settlement solution for a Fortune 500 company in China, providing a centralised approach to cash management, which is expected to lead more foreign...
03:08PM
While politicians and public have fulminated against lottery-sized pay awards in Europe’s boardrooms, fund firms, which wield the real power, are less concerned by such excesses and unlikely to...
02:09PM
Lifestyle
March is the most exciting month in Hong Kong's cinematic calendar.
10:05AM
When Sarah Shrimplin injured herself training for a marathon and couldn't join her son in the Beat the Banana! Charity Run on March 17, she immediately looked for a replacement, as she knew how...
10:05AM
Every summer, the Verbier Festival, a classical music festival at the Swiss ski resort of the same name, runs a three-week immersion programme for young musicians. It gives promising players a...
10:05AM
As announced in Chief Executive Leung Chun-ying's latest policy address, each of Hong Kong's 18 district councils is to receive HK$100 million for special building projects.
10:05AM
Hong Kong's studios have relied on the international market to bolster profits since its first golden age in the 1930s. Chinese communities in Southeast Asia, Taiwan and pre-1950 mainland China...
10:13AM
10:05AM
Zenith Wu works with her hands. She's an aspiring surgeon, and recently she's been trying to be as nimble on the valves of her trumpet as she is with a scalpel.
10:05AM
Winning one Caldecott award is reason enough to celebrate, but this year Jon Klassen took home two. His book This Is Not My Hat won the Caldecott Medal, the most prestigious US children’s book...
10:05AM
The San Carlo Theatre of Naples is one of the world's oldest opera houses, and its production of Verdi's La Traviata was traditional in both its virtues and its flaws. Grand in scale and...
10:05AM
Sport
The government's Sports Commission appears to be waiting until the 11th hour before making a final decision on whether rugby sevens joins the Sports Institute despite it having ticked all the...
04:54AM
Four days on from their 8-0 rout of San Marino, England face a potentially decisive World Cup qualifier today against a Montenegro side who will not be anywhere near as obliging.
04:58AM
With their batsmen in fine form, Hong Kong will hope to get off to a winning start when they take on Malaysia in their opening pool match at the Asian Cricket Council Twenty20 Cup in Kathmandu.
05:00AM
Magazines
17 Mar 2013
Dean Cecilia Chang defrauded a US university for three decades - but who else knew?
10 Mar 2013
Ten years on, hundreds of people in Beijing remain in the grip of Sars
15 Nov 2012
Restaurants where you can savour the finest views of the city
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
Henderson Land Development posted a 28 per cent increase in its underlying profit to HK$7.1 billion for last year, in line with market expectations. Analysts expect to see a positive result in...
05:01AM
Sun Hung Kai Properties' release yesterday of the first batch of 50 flats at its luxury Riva residential project in Yuen Long underscored the weakening property market.
03:41AM
Technology
More than 200 million years ago, toothy crocodile-like creatures stalked a hot, dry mega-continent while squid-like mollusks with spiral shells drifted in the surrounding ocean. Then, in what...
04:43AM
Most people think counter-insurgency is all about men in masks kicking down doors and rappelling down from the roofs of buildings. Yes, the application of surgical violence is still key, but many...
04:43AM
The Voyager 1 probe was fired into space to observe the outer planets and the mysterious interstellar medium that lies beyond the solar system on September 5, 1977, as Elvis was topping the charts...
04:43AM
Polls
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25 Mar 2013
-
25 Mar 2013
-
24 Mar 2013
Debates
Housing was the dominant theme of Chief Executive Leung Chun-ying's maiden policy address last month. His plans include rezoning green-belt land, reclamation outside Victoria Harbour and stepping...
04:58AM
Leung Chun-ying's maiden policy address lasted for more than two hours and covered everything from housing supply to help for the disabled. But the chief executive has faced a growing wave of...
06:51AM
The appearance of colonial-era flags at recent demonstrations in the city has infuriated mainland commentators and former top officials.
05:24AM
Video
- Hong Kong Reaction to Hong Kong maids ruling The controversial foreign domestic helpers case has caused a stir in Hong Kong, SCMP took to the streets for reaction to Monday's ruling.
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- Hong Kong Hong Kong rejects domestic helpers' appeal for permanent residency The city's top court ruled on Monday morning that foreign domestic helpers do not enjoy the right to apply for permanent residency because their residence in Hong Kong is highly restricted.
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- World Cyprus bailout - it's on again EU and IMF officials strike a last-minute deal with Cyprus to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians, will take a...
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- World Mysterious death of Russian oligarch, Boris Berezovsky Boris Berezovsky, the exiled Russian oligarch and long-time opponent of the Kremlin, was discovered dead at his home near London on Saturday in "unexplained" circumstances, his spokesman and police...
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In Pictures
A model presents a creation for Hempel Award 21st China International Young FashionDesigners Contest at China Fashion Week in Beijing. Photo: Reuters
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