• Wed
  • Nov 26, 2014
  • Updated: 8:14pm

 

Mainland consumer confidence in business remained sluggish, although sentiment on jobs and housing improved slightly this month.

26 Nov 2014 - 11:59am

Fifteen more countries are now using the Chinese yuan to settle over 10 per cent of their trades and investments deals with China and Hong Kong, bolstering the view that the renminbi is becoming...

26 Nov 2014 - 11:11am

A Wenzhou-based private commercial bank could launch before the end of the year, according to a state-backed financial newspaper that quoted anonymous sources.

26 Nov 2014 - 2:44pm

China’s central bank will wait until fourth-quarter economic data is out and monitor US and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on...

26 Nov 2014 - 1:40pm

BANKING & FINANCE

A bid by China to rein in its shadow banking activity is producing results, thanks to slowing economic growth and tighter regulation.

25 Nov 2014 - 4:18am

ECONOMY

In his 12 years as People's Bank of China governor, Zhou Xiaochuan has never stopped at a single shift to benchmark interest rates once prompted into action.

26 Nov 2014 - 8:54am

MONEY

Yes, it is an old story, but the British pound has gained against the euro since July last year when 87 pence were needed to buy one unit of the single currency.

26 Nov 2014 - 8:50am

Companies

Samsung Group is selling stakes in four chemical and defence firms for 1.9 trillion won (HK$13.3 billion) to Hanwha Group in the latest move in the restructuring South Korea’s largest conglomerate...

26 Nov 2014 - 2:11pm

China Business

 

US life insurance giant MetLife pins its hopes on growth in China’s pension and health insurance businesses on the back of the government's supportive measures to cope with an ageing...

26 Nov 2014 - 3:04pm

COMMODITIES

China has done two surprising things in oil markets recently; pledging to be more open about its strategic stockpiling and buying crude very openly in the daily trading window in Singapore.

26 Nov 2014 - 2:00pm

Markets

Stock Quotes

Polls

  • Yes: 67%
  • No: 33%
31 Oct 2014
  • Yes
  • No
Total number of votes recorded: 432

Money

While yen weakness may help corporate Japan, it has been bad news for US dollar-based investors in Japanese equities.

25 Nov 2014 - 9:17am

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

CME Group, the world's largest futures market operator, should continue to develop strategies to detect an illegal trading practice known as "spoofing", the US Commodity Futures Trading Commission...

26 Nov 2014 - 5:09am

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

Vitasoy International, the largest Hong Kong beverage maker, reported a 22 per cent growth in net profit to HK$222 million for the six months ended September 30, boosted by strong growth in China...

26 Nov 2014 - 1:25pm

Amax International, a junket operator controlled by Macau businessman Ng Man Sun, plans to raise HK$9.21 million in a share placement to up to six investors, according to a filing with the Hong...

26 Nov 2014 - 9:21am

Weak sales of gold products saw Chow Tai Fook Jewellery Group, the world's largest jewellery retailer by market value, post a 23 per cent drop in half-year profit yesterday.

26 Nov 2014 - 4:55am

Japan's loss-making Sony Corp is targeting a near 70 per cent jump in revenue for its electronic devices division over the next three years, even as it warned further restructuring was in store...

26 Nov 2014 - 5:09am

Xiaomi Corp is delaying aggressive plans to expand into five more countries this year as the mainland smartphone maker talks to Foxconn Technology Group about boosting production of the low-cost...

25 Nov 2014 - 5:29am

Hong Kong property developer Tony Fung Wing-cheung's plans to take over Australia's Reef Casino Trust are in doubt after the Queensland government said it was not possible to complete a regulatory...

25 Nov 2014 - 4:08am

BAIC Motor Corp, partly owned by German giant Daimler, is scheduled to seek a listing approval in a hearing with the Hong Kong stock exchange on Thursday, moving a step closer to its long-planned...

25 Nov 2014 - 5:24am

CGN Power, the mainland's leading nuclear energy company, yesterday launched an initial public offering that could raise up to US$3.16 billion in Hong Kong, potentially becoming the city's biggest...

25 Nov 2014 - 5:16am

Banking & Finance

A Wenzhou-based private commercial bank could launch before the end of the year, according to a state-backed financial newspaper that quoted anonymous sources.

26 Nov 2014 - 2:44pm

With 23,547 branches at the end of last year, Agricultural Bank of China has one of the biggest networks of any bank in the world. But its reach does not far go beyond the mainland.

24 Nov 2014 - 3:57am

Commodities

HKEx remains committed to a thermal coal contract but says investors must wait until early next year for its introduction while officials proceed with metals contracts next week that will mark the...

26 Nov 2014 - 4:55am

Hedge funds turned less bullish on crude oil as the Organisation of Petroleum Exporting Countries failed to signal it will act to halt the collapse that drove prices to a four-year low.

25 Nov 2014 - 5:27am

Economy

China’s central bank will wait until fourth-quarter economic data is out and monitor US and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on...

26 Nov 2014 - 1:40pm

 

Mainland consumer confidence in business remained sluggish, although sentiment on jobs and housing improved slightly this month.

26 Nov 2014 - 11:59am

China Business

Yangtze Optical Fibre and Cable, a mainland manufacturer of optical fibre, has started to take orders from retail investors between Wednesday and Monday afternoon, to raise up to HK$1.6 billion in...

26 Nov 2014 - 10:53am

Huadian Fuxin Energy Corp., a mainland developer of wind and solar farms, has received approval from Chinese regulators to raise HK$1.72 billion in a share placement, the company said in a...

26 Nov 2014 - 8:54am

Property

First-time homebuyers and upgraders on the mainland are taking advantage of lower borrowing costs during the market downturn, with flats sold out on the first day of launch at a new project in...

26 Nov 2014 - 5:51am

Strong demand for commercial real estate in London is expected to bring total transactions to £20 billion this year and Asian and Chinese investors will continue to be active in chasing quality...

26 Nov 2014 - 5:23am

At a time when price discounts and tax subsidies have become the norm for developers to draw buyers to new projects, Hanison Construction Holdings is banking on the additional attraction of a "...

26 Nov 2014 - 5:23am

 

Login

SCMP.com Account

or