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  • September 3, 2014
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  1. Business - China Business - EQUITIES

    Shipping stocks rise on cabinet guidelines

    Posted Sep 03rd 2014, 02:48pm by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Shipping stocks jumped after Beijing issued a new set of guidelines to speed up restructuring of the industry. The State Council said on Wednesday that there were seven key areas the country’s shipping industry should follow t ...

    http://www.scmp.com/business/china-business/article/1584427/shipping-stocks-rise-cabinet-guidelines
  2. Business - Economy - Consumption

    Growth in Australia’s GDP slows to 0.5pc

    Posted Sep 03rd 2014, 02:35pm by Reuters

    ... and why investors are wagering that, if there is a move, it will be downward. Yet more timely data suggests this quarter has seen a pick-up in growth, with businesses reporting rising sales ...

    http://www.scmp.com/business/economy/article/1584414/growth-australias-gdp-slows-05pc
  3. Business - Economy - COMMENT

    Funding must be front and centre in debate on third runway

    Posted Sep 03rd 2014, 02:18pm by Jake Van Der Kamp

    ... Jake van der Kamp “ Other questions remain over the runway – not least how it will be funded ” City, September 3   It may not be the least of these questions, but it certainly was the last in our report of how government environmental advisers now seem re ...

    http://www.scmp.com/business/economy/article/1584400/funding-must-be-front-and-centre-debate-third-runway
  4. News - China - DIPLOMACY

    Beijing leaders out in force at 1945 war anniversy in pointed message to Japan

    Posted Sep 03rd 2014, 02:13pm by Teddy Ng

    ... Wednesday’s event was the first commemoration of the event since the NPC’s designation. The ceremony was broadcast live by state media and marked the start of a busy month of commemorations. Two other ...

    http://www.scmp.com/news/china/article/1584401/beijing-holds-high-profile-sino-japanese-war-anniversy-pointed-message
  5. Business - Companies - TECHNOLOGY

    Baidu raises bar in mobile mapping with US$10m IndoorAtlas investment

    Posted Sep 03rd 2014, 01:54pm by BIEN PEREZ

    ... for US$160 million to expand its location-based services business and e-commerce initiatives. Nuomi’s online daily deals service provided geographically targeted promotions, which enabled ...

    http://www.scmp.com/business/companies/article/1584387/baidu-raises-bar-mobile-mapping-us10m-indooratlas-investment
  6. Business - Companies - TELECOMMUNICATIONS

    China Mobile shares hit HK$100 on iPhone hopes

    Posted Sep 03rd 2014, 12:00pm by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Shares in China Mobile hit HK$100 for the first time in six years during early trading on Wednesday. Demand for the stock was heavy ahead of Apple’s launch of the latest version of its iPhone, expected later this month, drivin ...

    http://www.scmp.com/business/companies/article/1584341/china-mobile-shares-hit-hk100-iphone-hopes
  7. Comment

    Turning on the money tap will do little to ease China's liquidity bottlenecks

    Posted Sep 03rd 2014, 11:50am by Hu Shuli

    ... the margins for banks. So far, the authorities have kept their cool. They've eased lending to rural borrowers and small businesses, and for certain projects through the use of the new tool ... to look beyond the profit motive in managing their business. While the intention to improve bank management is worthy, it should be noted that banks, many of which are listed, should be subject ...

    http://www.scmp.com/comment/article/1584332/turning-money-tap-will-do-little-ease-chinas-liquidity-bottlenecks
  8. Business - Economy - COMMENT

    Link between Chinese exports and US job losses isn’t cut and dried

    Posted Sep 03rd 2014, 11:48am by PATRICK LOW

    ... Patrick Low Is China to blame for unemployment in the United States? A recent study by five prominent US economists found that the US lost between two million and 2.4 million manufacturing jobs to increased imports from China between 1999 and 2011. The an ...

    http://www.scmp.com/business/economy/article/1584327/link-between-chinese-exports-and-us-job-losses-isnt-cut-and-dried
  9. Business - Companies - COMMENT

    Delay some more, to get it right

    Posted Sep 03rd 2014, 11:15am by Stephen Vines

    ... with this strategy, which has done wonders for Apple’s reputation. Some business pundits have castigated Apple for the current delay, which means it will miss the lucrative Christmas buying spree, ... to be obsessed with the idea that new is better or, at the very least, more desirable. Even in my industry, the supposedly sleepy old food business, we are always being pressed for something new. ...

    http://www.scmp.com/business/companies/article/1584313/delay-some-more-get-it-right
  10. Business - Economy - SURVEY

    China services PMI edges up to 54.4

    Posted Sep 03rd 2014, 10:56am by Reuters

    ... Reuters in Beijing Activity in China’s services sector recovered slightly in August, a government survey showed on Wednesday, suggesting the sector remains relatively resilient compared to the manufacturing sector. The official non-manufacturing purchasin ...

    http://www.scmp.com/business/economy/article/1584309/china-services-pmi-edges-544

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