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  1. News - Hong Kong - MEDIA

    Lai vows to keep Taiwan print empire

    Posted Mar 27th 2013, 08:50pm by Lawrence Chung, Sophie Yu

    ... Lawrence Chung in Taipei and Sophie Yu Lai decides to keep the Taiwanese print business for good but still plans to sell the money-losing TV operation on the island Hong Kong media magnate ... on the island has fallen through. The controversial deal was supposed to be completed by yesterday, but one of the Taiwanese buyers reportedly walked away at the last minute, prompting Lai to decide ...

  2. Business - Companies - ACQUISITIONS

    Buyout firm snaps up HMV Hong Kong for a song

    Posted Mar 01st 2013, 12:00am by Ray Chan

    ... for mainland China. The British music retail chain entered administration in January but unlike its struggling operations in Britain, HMV's Hong Kong and Singapore businesses ... to be much less than that paid by retail restructuring specialist Hilco to acquire HMV in Britain. HMV Hong Kong and Singapore are separate from the troubled British unit. Hilco, which owns HMV ...

  3. Business - China Business - ACQUISITIONS

    Huafeng shares up after buying tea producer

    Posted Jan 19th 2013, 12:00am by Toh Han Shih

    ... Tea Holdings, a Cayman Islands firm that owns tea plantations in Fujian province, Huafeng said. Huafeng's founding chairman Cai Zhenrong beneficially owns 45.57 per cent of Natural Tea, ...

  4. Business - Commodities - ACQUISITION

    Key LME broker vows to stay on after HKEx deal

    Posted Dec 03rd 2012, 12:00am by Enoch Yiu

    ... a team of Asian staff to serve customers from that continent. But it appears not all LME members are expanding. British bank Barclays quit floor trading at the LME on November 22 to cut costs. ...

  5. Business - Companies - MEDIA

    Next Media looks to future after sale

    Posted Nov 29th 2012, 12:00am by BIEN PEREZ

    ... looks to future after sale While regulators in Taiwan are set to review the sale of Next Media's print and television business on the island to a group of tycoons, publishing mogul Jimmy ... decided to pull up stakes in the island after failing to obtain a licence for cable TV. Losses have also mounted at Next Media's TV and multimedia units in Taiwan. The initial agreement ...

  6. Business - Banking & Finance - BANKING

    Malaysian bank uses RBS assets to grow in Asia

    Posted Nov 27th 2012, 12:00am by George Chen, Ray Chan

    ... million in April for some Asian assets of loss-making RBS, which was bailed out by the British government during the financial crisis. These include its cash equities businesses in Australia, Hong ...

  7. Business - Money - TRADING

    Barclays' exit 'won't hit floor trading at LME'

    Posted Nov 24th 2012, 12:00am by Sophie Yu

    ... outcry system of floor trading would continue because it had proved to be effective and authoritative. The British bank decided on Thursday to downgrade its LME membership to Category 2 to cut ...

  8. Business - Companies - MEDIA

    Next Media to push through with Taiwan assets sale

    Posted Nov 15th 2012, 12:00am by BIEN PEREZ

    ... Financial Holding chairman Jeffrey Koo Len-song, leading that consortium because of the island's rule that bars financial institutions from investing in the media. Shares of Next Media, ...

  9. Business - Banking & Finance - BANKING

    Are China's Big Four banks primed for an offshore plunge?

    Posted Oct 16th 2012, 12:00am by PHOENIX KWONG

    ... or even for a buyout deal. The story generated a lot of attention in the global financial community as some investors considered loss-making, British government-controlled Royal Bank of Scotland, ...

  10. Home Depot says store closures part of strategy to focus on core cities

    Posted Mar 31st 2011, 12:00am by Celine Sun

    ... by construction companies. Foreign warehouse-style store operators like Home Depot and British home improvement retailer B&Q compete against a wide range of players from small home-renovation ...




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