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  • September 19, 2014
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  1. Lifestyle - Technology

    Huawei takes on Apple, Samsung with launch of 'world's thinnest smartphone'

    Posted Jun 19th 2013, 05:01pm by Agence France-Presse in Singapore

    ... Chinese telecom giant Huawei on Wednesday vowed to catch up with its more popular rivals Apple and Samsung after unveiling its newest phone for the first time in Asia. Huawei unveiled its Ascend P6 at the CommunicAsia telecom and broadcast event in Singapore just hours after its global launch in London, billing it as world’s thinnest smartphone. “I generally do not comment ...

    http://www.scmp.com/lifestyle/technology/article/1264337/huawei-takes-apple-samsung-launch-worlds-thinnest-smartphone
  2. Business - Banking & Finance - DEBT

    ICBC issues offshore yuan bond in Singapore

    Posted Sep 17th 2014, 05:39am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com ICBC issues offshore yuan bond in Singapore Industrial and Commercial Bank of China, the mainland's biggest lender, raised four billion yuan (HK$5.04 billion) through its Singapore branch in what would be the Lion City's biggest offshore yuan bond issuance. The deal includes three different tranches by maturity, including two billion yuan ...

    http://www.scmp.com/business/banking-finance/article/1594262/icbc-issues-offshore-yuan-bond-singapore
  3. Comment - Insight & Opinion - MY TAKE

    China's Alibaba is what Western capitalists dream of

    Posted Sep 10th 2014, 04:24am by Alex Lo

    ... Alex Lo alex.lo@scmp.com Alibaba is what capitalist's dream of At Manhattan's famed Waldorf Astoria Hotel this week, hundreds of wealthy and powerful investors and fund managers queued to listen to Jack Ma's pitch for the IPO of Alibaba, the mainland e-commerce giant. Many had to wait up to half an hour for the lifts and put up with elaborate security scans ...

    http://www.scmp.com/comment/insight-opinion/article/1588950/chinas-alibaba-what-western-capitalists-dream
  4. Business - Companies - TECHNOLOGY

    Two Chinese firms among potential bidders for Singapore’s Stats ChipPac

    Posted Aug 28th 2014, 03:36pm by Reuters

    ... Reuters in Singapore Two Chinese firms are among companies that have approached Stats ChipPac about acquiring it, the Singapore provider of technology services said on Thursday. Stats ... as possible bidders. The Singapore company, which provides semiconductor packaging design and assembly solutions, had said in May that it had been approached by some companies but had not identified ...

    http://www.scmp.com/business/companies/article/1581438/two-chinese-firms-among-potential-bidders-singapores-stats
  5. Business - Companies - EARNINGS

    Singapore shooting-range builder Starburst to gain from Mideast unrest

    Posted Aug 26th 2014, 01:10am by BLOOM

    ... Bloomberg in Singapore Shooting-range builder to gain from Mideast unrest Starburst, a Singaporean builder of shooting ranges, expects revenue to rise fivefold as Middle East defence ... chairman Edward Lim said. Projects in the region might drive sales in five to six years to S$100 million (HK$620 million) from S$21 million last year, he said. Starburst has been Singapore ...

    http://www.scmp.com/business/companies/article/1580638/singapore-shooting-range-builder-starburst-gain-mideast-unrest
  6. Business - Commodities - FUNDRAISING

    Russia's Gazprom seeks to raise financing in Hong Kong

    Posted Sep 18th 2014, 04:29pm by Eric Ng

    ... shares are listed in Moscow, New York and London. Its American Depository Receipts were listed in Singapore in June. Its shares are trading at around 2.8 times their forecast earnings per share ... Gazprom is seeking opportunities to issue bonds denominated in Hong Kong dollars, Singapore dollars or the yuan. It had previously issued yen bonds. But Kruglov noted the lack of a double taxation ...

    http://www.scmp.com/business/commodities/article/1595397/russias-gazprom-seeks-raise-financing-hong-kong
  7. Business - Banking & Finance - REGULATION

    Financial Reporting Council backs government plan to widen its oversight

    Posted Sep 19th 2014, 05:34am by Enoch Yiu

    ... States, Canada, Australia and Singapore that have an independent body to oversee auditors. Hong Kong still allows the HKICPA to issue accounting licences, set standards, conduct routine ...

    http://www.scmp.com/business/banking-finance/article/1595548/financial-reporting-council-backs-government-plan-widen-its
  8. Business - Companies - TECHNOLOGY

    Hua Capital hires Bank of America for OmniVision deal

    Posted Sep 19th 2014, 05:34am by Bloomberg

    ... to cellular networks. Jiangsu Changjiang Electronics Technology Company is in talks to buy Singapore-based semiconductor test and assembly company Stats Chippac. In August, OmniVision announced it had ...

    http://www.scmp.com/business/companies/article/1595559/hua-capital-hires-bank-america-omnivision-deal
  9. Business - Banking & Finance - CREDIT

    Default risk up as Southeast Asia's top 100 embark on debt-fuelled growth

    Posted Sep 17th 2014, 05:39am by Bloomberg

    ... Bloomberg in Singapore Slower growth in Southeast Asian economies is forcing companies to rely more on borrowing than earnings to finance their investments Default risk up as top 100 firms ... 89 per cent to the equivalent of US$500 billion. Average economic growth in Indonesia, Malaysia, Singapore, Philippines, Thailand and Vietnam fell to just under 5 per cent last year from 8.5 ...

    http://www.scmp.com/business/banking-finance/article/1594146/default-risk-southeast-asias-top-100-embark-debt-fuelled
  10. Property - International - ACQUISITIONS

    China Metallurgical wins tender for Singapore site with S$471.62m bid

    Posted Aug 22nd 2014, 11:24am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China Metallurgical Corp has won a residential and commercial site in Singapore for about HK$2.92 billion. The mainland-backed company said subsidiary MCC Land (Singapore) had won the tender at price S$471.62 million (HK$2.92 billion). The site, in the Potong Pasir region in central Singapore, could provide a total gross floor area of 56,523 ...

    http://www.scmp.com/business/commodities/article/1579026/china-metallurgical-wins-tender-singapore-site-s47162m-bid

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