• Sat
  • Aug 30, 2014
  • Updated: 8:03am

Hong Kong Exchanges and Clearing is seeking views on whether the city should change the listing rules to introduce the controversial dual-class share structure in a bid to compete with the US...

30 Aug 2014 - 1:29am

China Construction Bank Corp, the mainland's second-largest lender by assets, raised net profit 9 per cent in the first half, a period marked by decelerating growth in the state banking sector.

30 Aug 2014 - 4:58am

NVC Lighting's shareholders voted overwhelmingly to remove Wu Changjiang from all positions on the board yesterday, but the firm said it continues to lose millions of yuan while its founder...

30 Aug 2014 - 12:50am

China has in recent years been viewed as the main driver of the global copper market, and while its influence remains strong, it is possible that the rest of the world will take over in the short...

30 Aug 2014 - 4:59am

BANKING & FINANCE

Japan's biggest banks are breaking tradition by promoting foreigners to top management roles to retain and lure overseas talent as growth abroad buoys profit.

30 Aug 2014 - 1:29am

ECONOMY

Productivity growth on the mainland has gone into reverse for the first time since the Cultural Revolution tore the country apart in the 1970s, according to a study, highlighting the failure of...

30 Aug 2014 - 5:03am

Companies

Ho Kwon Ping is best known for creating the five-star hotel chain Banyan Tree and the luxurious Angsana spas but as his company celebrates its 20th anniversary, he has his eyes set on entering a...

30 Aug 2014 - 5:06am

China Business

Top executives at state-owned enterprises (SOEs) will have their salaries cut and perks reduced, the central government announced yesterday.

30 Aug 2014 - 4:45am

COMMODITIES

Shares of Aluminum Corp of China, the country’s largest producer of the metal, fell 4.1 per cent to HK$3.31 on Friday morning after it posted a worse-than-expected 4.12 billion yuan net loss for...

29 Aug 2014 - 12:48pm

Markets

Stock Quotes

Polls

  • Yes: 58%
  • No: 42%
28 Aug 2014
  • Yes
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Total number of votes recorded: 359

STOCK TALK

13Dec

UBS sees the Hang Seng Index gaining at least 15 per cent next year on the back of improving earnings growth in sectors like consumption, internet commerce and non-bank financial firms.

MARKETS & INVESTING

Two years after being plucked from the ranks of exchange product developers to design the JPX-Nikkei Index 400, Daisuke Tanaka finds himself at the centre of a corporate revolution.

30 Aug 2014 - 1:29am

SPENDING

Amid the mainland’s clampdown on visible luxury, high-net-worth individuals are shifting away from merely owning things to seeking experiences that will help them acquire a modicum of savoir faire...

18 Jun 2014 - 1:36am

Wealth

The world’s richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into...

23 Jun 2014 - 9:26pm

At last, a man with a mission and a breath of fresh air after all those cliched charity balls. We’re talking about Mission Possible, a fund raiser that’s fun, with zero expenses and every cent...

6 Mar 2014 - 5:57pm

It’s worked in Los Angeles, London, New York and Amsterdam but it will be interesting to see how Hyatt’s Andaz concept goes down in Tokyo. Most global hotels still stick to: guest arrives, bellboy...

27 Feb 2014 - 11:15am

Meet Boris the Chair

26 Feb 2014 - 11:51am

Thursday's memorial service for society jewellery designer and philanthropist Sandra D'Auriol is set to be one of the most memorable and spectacular ever held in Central's St John's Cathedral.

13 Feb 2014 - 8:10pm

Companies

Malaysia Airlines will shed 30 per cent of its staff, cut routes and replace its CEO to stave off bankruptcy after two of its airliners crashed. Stakes may also be sold to outside investors under...

29 Aug 2014 - 11:45pm

The government tender for the first commercial site to become available in 16 years in Tsim Sha Tsui right attracted 18 bidders yesterday.

30 Aug 2014 - 12:49am

China Vanke and United States buyout firm Carlyle Group have signed a non-legally binding memorandum of understanding to set up a joint venture that will acquire and manage nine of the Chinese...

29 Aug 2014 - 12:07pm

Underlying profit at Shun Tak Holdings, which runs businesses from property to shipping and hotels, surged 225.61 per cent year on year to HK$534 million in the first half of the year, driven...

29 Aug 2014 - 3:07pm

Citic, China’s largest conglomerate and the Hong Kong-listed flagship of state-owned Citic Group, aims to expand its non-financial business so that it will be of a similar size to its financial...

29 Aug 2014 - 4:46pm

Tsingtao Brewery, one of the leading beer makers in China, said revenue increased 13 per cent for the fist half on the back of strong sales.

Net profit edged up 0.7 per cent to 1.41 billion...

29 Aug 2014 - 11:16am

NVC Lighting's shareholders voted overwhelmingly to remove Wu Changjiang from all positions on the board yesterday, but the firm said it continues to lose millions of yuan while its founder...

30 Aug 2014 - 12:50am

Shares of GCL-Poly Energy, the world’s largest producer of solar panel raw materials polysilicon and solar wafers, rose 4.5 per cent to HK$2.80 in morning trade no Friday after it reported an...

29 Aug 2014 - 2:54pm

Banking & Finance

China Construction Bank Corp, the mainland's second-largest lender by assets, raised net profit 9 per cent in the first half, a period marked by decelerating growth in the state banking sector.

30 Aug 2014 - 4:58am

China Minsheng Banking Corp’s net profit grew 11 per cent in the first half of the year but its share price fell on Friday morning as the bank more than halved its dividend.

29 Aug 2014 - 11:57am

Commodities

Chongqing Iron & Steel, a medium-sized Chinese steelmaker, reported its net loss in the first half widened 23 per cent year on year to 1.38 billion yuan (HK$1.74 billion) as slower economic...

29 Aug 2014 - 9:39am

China has in recent years been viewed as the main driver of the global copper market, and while its influence remains strong, it is possible that the rest of the world will take over in the short...

30 Aug 2014 - 4:59am

Economy

After a bleak start to the year, the United States economy grew at a brisk annual rate of 4.2 per cent in the April-June quarter, slightly faster than first estimated.

The upward revision...

29 Aug 2014 - 9:38am

Two years after being plucked from the ranks of exchange product developers to design the JPX-Nikkei Index 400, Daisuke Tanaka finds himself at the centre of a corporate revolution.

29 Aug 2014 - 10:20am

China Business

Lenovo Group, the world's largest supplier of personal computers, is pushing for a sweeping investigation of a mainland-based supplier suspected of hiring child labour, denying allegations that...

30 Aug 2014 - 5:01am

European fashion giants H&M and Zara have defended their quality control measures in the wake of a damning report by China's inspection and quarantine authorities this week.

30 Aug 2014 - 5:00am

Property

Shui On Land sold two hotels in Shanghai for 2.69 billion yuan (HK$3.38 billion) to hotel operator and landlord Great Eagle - a company controlled by Lo's brother Lo Ka-shui - to reduce debt as it...

28 Aug 2014 - 12:32pm

Sino Land said its underlying profit slid 24.3 per cent to HK$5.02 billion for the year to June as the lack of completed new projects weighed on its results.

28 Aug 2014 - 5:03am

Chinese developers' indebtedness is worse than shown in their interim results as a rising number of issued perpetual bonds, and limited disclosure on their terms, are adding to investors' concerns...

28 Aug 2014 - 5:03am

Video

  • Anti-corruption officers swooped on the Kowloon home of media mogul Jimmy Lai
  • Young entrepreneurs get $100,000, if they quit school
  • IMF chief under investigation for negligence in graft case
  • Japan's golden generation shows no sign of slowing down

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