China’s industrial profits grew 17.2 per cent in the first two months of this year from a year ago, official data showed on Thursday, adding to signs that a burgeoning macro economic recovery is...
- Thu
- Mar 28, 2013
- Updated: 12:25pm
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Two of the world's largest telecommunications equipment suppliers have joined local mobile operators in raising the spectre of acute services disruption in Hong Kong if the government seizes and...
06:01AM
China shares were headed for their worst loss in nearly a month on Thursday, with banks taking a hit after they were ordered to tighten control over wealth management products and improve...
11:12AM
Asian markets slipped on Thursday and the euro sat around four-month dollar lows as euro zone fears reared again, with Italy’s politicians still unable to form a government weeks after an election...
11:16AM
BANKING & FINANCE
China shares were headed for their worst loss in nearly a month on Thursday, with banks taking a hit after they were ordered to tighten control over wealth management products and improve...
11:12AM
ECONOMY
For Iceland, there was a sense of deja vu when Cyprus’s finance minister said capital controls would probably last “a matter of weeks”. Five years after a banking meltdown, the north Atlantic...
10:15AM
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
The latest assault on Apple by Chinese media is motivated by several factors, including frustration that the company isn't investing more in China.
Updated 12:25PM
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China Business
The Inner Mongolia-based company said in an analysts conference yesterday that its revenue had grown year on year since January this year. Gross profit margin is also expected to improve thanks to...
06:31AM
COMMODITIES
Piped-gas distributor ENN Energy aims to grow net profit by a fifth this year, mostly by raising gas sales volume.
06:31AM
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
28Mar
Asian markets slipped on Thursday and the euro sat around four-month dollar lows as euro zone fears reared again, with Italy’s politicians still unable to form a government weeks after an election.
MARKETS & INVESTING
DBS, the largest bank in Singapore by market capitalisation, said it would aim to provide its customers with investment products released under the revised scheme, rather than taking up a quota...
11:20AM
SPENDING
Hong Kong shares reached their highest close in eight sessions, as two of the “Big Four” Chinese banks reported relatively solid 2012 results and other company earnings on Wednesday spurred...
12:55AM
Wealth
The annual orgy of beer swilling, fancy dresses and laddish antics which has become synonymous with the Hong Kong Rugby Sevens doesn’t immediately spring to mind when charity is mentioned.
06:58PM
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
Companies
A judge has approved AMR Corp’s plan to merge with US Airways Group , a step toward creating the world’s largest airline.
09:57AM
The London-listed technology firm Halma plans to make inroads into the market for air pollution monitors on the mainland as advanced technology is increasingly adopted to protect the environment...
05:52AM
Sun Hung Kai Properties won a luxury residential site at Kau To Shan in Sha Tin, paying a higher-than-expected HK$1.42 billion. It's a sign the appetite of big developers for high-end sites has...
04:27AM
With a strong pipeline of projects, property and logistics conglomerate Wheelock and Company expects to see substantial business growth in the next five years.
06:31AM
Banking & Finance
Cyprus’s plan to impose capital controls threatens to test the ties that bind Europe’s monetary union and could see euros on the Mediterranean island valued differently to those in the rest of the...
10:44AM
Commodities
Aluminum Corporation of China (Chalco) posted its worst results since going public in 2001, chalking up a net loss of 8.23 billion yuan (HK$10.18 billion) for last year.
06:31AM
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
Economy
China’s industrial profits grew 17.2 per cent in the first two months of this year from a year ago, official data showed on Thursday, adding to signs that a burgeoning macro economic recovery is...
11:52AM
China Business
China’s industrial profits grew 17.2 per cent in the first two months of this year from a year ago, official data showed on Thursday, adding to signs that a burgeoning macro economic recovery is...
11:52AM
Property
Sun Hung Kai Properties won a luxury residential site at Kau To Shan in Sha Tin, paying a higher-than-expected HK$1.42 billion. It's a sign the appetite of big developers for high-end sites has...
04:27AM
Video
- Hong Kong Uniquely Hong Kong: Taoist Paper Art Burning paper money and effigies is common in traditional Chinese religions, particularly Taoism. They are used to imitate the appearance of objects used by the living - including Wii controllers,...
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- World Thais possessed by spirits at 'magic' tattoo festival Believers gather for a Thai festival where they hope a 'magic' tattoo will help protect them from being possessed by animal spirits.
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- 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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