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  • October 2, 2014
  • Last updated: 2:58pm
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  1. Business - Economy - TRANSPORT

    China spends 405b yuan on railways in the first eight months

    Posted Sep 11th 2014, 06:02am by CHIM SAU-WAI

    ... rail minister Liu Zhijun from his post that year. China Railway had lifted annual railway investment set at the start of the year to a near record high of 800 billion yuan from 630 billion ...

  2. Business - Banking & Finance - CURRENCIES

    Yuan to start direct trading with euro today

    Posted Sep 30th 2014, 04:32am by Bloomberg

    ... in China's yuan internationalisation," said Liu Dongliang, an analyst with China Merchants Bank in Shenzhen. "However, the real impact on foreign exchange rates and companies may be limited ... of renminbi clearing banks in Frankfurt and Paris, [the] announcement is largely expected," Australia & New Zealand Banking Group economists led by Liu Ligang wrote in a research note ...

  3. Business - Economy - JAKE'S VIEW

    Problem of corruption lies with a state economy

    Posted Sep 30th 2014, 04:32am by Jake Van Der Kamp

    ... of dollars in bribes to approve projects. Liu Tienan told a courtroom on Wednesday that a more market orientated economy that diluted the power of officials like himself could help China crimp ... administrations. This makes it all the more difficult to fix things now. President Xi Jinping may be congratulated for throwing a few high-profile figures like Liu Tienan to the dogs but Mr Liu ...

  4. Business - Companies - EARNINGS

    Lai Sun eyes stronger leasing to boost cash flow

    Posted Oct 10th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com The group is banking on key projects in Hong Kong and the mainland to increase its portfolio and boost rental income, deputy chairman says Extra leasing to lift Lai Sun's cash flow The Lai Sun group of companies says it aims to strengthen cash flow by increasing the leasing of properties in Hong Kong and on the mainland. The group's ...

  5. Business - Money - THE INSIDER

    Lee Shau-kee keeps up the momentum in buying spree

    Posted Sep 29th 2014, 03:58am by Robert Halili

    ... shares or 0.33 per cent of the issued capital. The shares of Henderson Land and SHKP closed at HK$52.30 and HK$116.40, respectively, on Friday. Managing director Winston Liu Kam-fai picked up where he left off in property play Liu Chong Hing Investment in August, with 30,000 shares bought on September 22 at HK$10.08 each. The trade increased his holdings to 6.33 million shares ...

  6. Business - Companies

    Hongkong Land to bring four buildings under 'Landmark' brand

    Posted Oct 03rd 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Hongkong Land to expand its 'Landmark' brand Hongkong Land, the largest landlord in Central, is rebranding its four major shopping properties under the "Landmark" brand, in anticipation of further increases in retail rents. Under the plan, "Landmark" will no longer be limited to the shopping atrium of The Landmark - a retail, office ...

  7. Business - Property - PROPERTY

    Mainland developers pay price for land acquisitions

    Posted Oct 02nd 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com After shelling out heavy premiums on mainland sites in recent months, property firms may face profit squeeze amid the cooling measures Developers pay price for land acquisitions Developers may have left themselves very little room for profits by paying high prices for sites on the mainland in recent months, say analysts. "It's 2009 and 2010 ...

  8. Business - Companies - PROPERTY

    K Wah International gloomy about Hong Kong property as it reports profit slump

    Posted Aug 30th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Firm says first-half sales fell 16pc to HK$3.31b and warns that city's home prices could fall 20pc because of government's cooling measures K Wah International bleak as sales plunge K Wah International forecasts Hong Kong property prices to fall 10 per cent to 20 per cent if the government keeps its cooling measures in place. "Property ...

  9. Business - Commodities - COMMODITIES

    China to slash 2015 import quotas for cotton

    Posted Sep 23rd 2014, 05:18am by Reuters

    ... for domestic fibre, a senior official said yesterday, in a move that is expected to put downward pressure on international prices. Liu Xiaonan, deputy head of the economy and trade department ... with the World Trade Organisation. Previously, the mainland has offered another type of quota, in addition to the one compliant with the WTO, but Liu said no additional quota would be made available next ...

  10. Business - Companies - EARNINGS

    Wharf confident on retail outlook

    Posted Aug 27th 2013, 03:13pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Developer aims to boost rental income from spruced-up HK malls and new centres on the mainland, following 5pc gain in core profit Wharf confident on retail outlook The Wharf (Holdings) plans to strengthen its retail property income by renovating its shopping malls in Hong Kong and adding to its commercial projects on the mainland. About 56 per cent ...




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