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  • September 19, 2014
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  1. News - China - HEALTH

    Shenzhen company develops kit to test for Ebola virus, report says

    Posted Aug 14th 2014, 02:51pm by STEPHEN CHEN

    ... Stephen Chen binglin.chen@scmp.com PLA scientists are helping the company synthesise a chemical solution that would change colour in the presence of the deadly virus A Shenzhen-based company has developed a field test kit that can quickly identify the Ebola virus, People’s Daily reports, as China is trying a range of countermeasures against the possible spread of the deadly ...

    http://www.scmp.com/news/china/article/1573511/shenzhen-company-develops-kit-test-ebola-virus-report-says
  2. Business - Companies - E-COMMERCE

    Alibaba revises Alipay pact before US IPO

    Posted Aug 13th 2014, 11:54am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com E-commerce giant avoids loan risks and rules by reworking deal with payments affiliate Alibaba revises Alipay agreement before US listing Alibaba has revised an agreement with the parent of online payments affiliate Alipay, greatly reducing the e-commerce giant's exposure to loan risks and financial services regulations before its initial public ...

    http://www.scmp.com/business/companies/article/1572731/alibaba-revises-alipay-pact-us-ipo
  3. Business - Companies - BOARDROOM

    NVC Lighting chief Wu Changjiang fights dismissal as board row deepens

    Posted Aug 15th 2014, 11:47am by Toh Han Shih

    ... had refused to accept the board's vote. Mr Wu’s actions are having an adverse effect on the company NVC LIGHTING HOLDING In addition to acting to remove Wu, the board at the August ... with the board's resolution, and to relinquish his position as chief executive officer. Mr Wu's continuing actions are having an adverse effect on the company." It said the board was "taking ...

    http://www.scmp.com/business/companies/article/1574155/nvc-lighting-chief-wu-changjiang-fights-dismissal-board-row
  4. Business - Companies - FRAUD

    Disappearance of Ultrasonic chiefs taints China firms listed in German

    Posted Sep 18th 2014, 09:24am by Bloomberg

    ... of the company's cash is casting a shadow on companies seeking to woo more investors through the German market. Shares of Chinese fashion label VanCamel slumped as much as 22 per cent, textile maker ... operating officer Wu Minghong were unreachable and their whereabouts unknown. It is the second time a senior executive from a Chinese company listed on the Frankfurt Stock Exchange has disappeared ...

    http://www.scmp.com/business/companies/article/1595245/disappearance-ultrasonic-chiefs-taints-china-firms-listed-german
  5. Business - Companies - ANALYSIS

    Alibaba investments reshape the company ahead of US listing

    Posted Mar 17th 2014, 02:28am by BIEN PEREZ

    ... first fuelled speculation that Ma was laying the groundwork for Alibaba's flotation, which the company denied at the time. Ma kept his seat as executive chairman and focused on strategy. ... Junan International, said Alibaba's investments "would certainly help boost its valuation" when the company's initial share sale pushed forward. Alibaba is valued at US$153 ...

    http://www.scmp.com/business/companies/article/1450184/alibaba-investments-reshape-company-ahead-rumoured-ipo
  6. News - World - FRANCE

    SNCF charged with manslaughter over 2013 derailment near Paris

    Posted Sep 19th 2014, 04:32am by AFP

    ... Agence France-Presse in Paris French company SNCF faces manslaughter case over train that ploughed into platform Rail firm charged over deadly derailment France's national rail company SNCF was charged with manslaughter yesterday following a high-speed derailment near Paris last year that claimed seven lives and left dozens injured. The July 2013 crash at the station ...

    http://www.scmp.com/news/world/article/1595688/sncf-charged-manslaughter-over-2013-derailment-near-paris
  7. Business - Companies - TECHNOLOGY

    Hua Capital hires Bank of America for OmniVision deal

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

    ... a group of investors including a Shanghai government-owned company in an offer that values California-based OmniVision at US$29 a share. The proposed deal would represent an expansion ... 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
  8. News - World - IRAN

    Iran accuses Ukrainian of sabotaging its nuclear programme

    Posted Sep 08th 2014, 04:30am by AP

    ... Associated Press in Tehran Ukrainian accused of nuclear plant sabotage A Ukrainian has been arrested on suspicion of sabotage at Iran's nuclear power plant, a newspaper reported yesterday. The report in the Hamshahri daily said the "Ukrainian expert" was affiliated with a Russian contractor that works in Iran's Bushehr plant, which went online in 2011 ...

    http://www.scmp.com/news/world/article/1587409/iran-accuses-ukrainian-sabotaging-its-nuclear-programme
  9. Business - Money - THE INSIDER

    Director activity thins ahead of company results

    Posted Aug 11th 2014, 03:56am by Robert Halili

    ... Robert Halili Alco resumes buy-backs while Stelux chief takes advantage of share price fall to raise holdings Director activity thins ahead of company results Director activity plunged ... The fall in activity was due to the reporting period, which began this month and ends next month, as directors are prohibited from trading in their companies' shares before the announcement ...

    http://www.scmp.com/business/money/money-news/article/1570825/director-activity-thins-ahead-company-results
  10. Business - China Business - CARS

    Wanxiang to relaunch Fisker’s Karma hybrid car, sources say

    Posted Sep 19th 2014, 10:42am by Reuters

    ... of Fisker’s Karma hybrid luxury car by using a design from the company’s last year of production, people close to the companies said. Wanxiang aims to reintroduce by next year Fisker’s electric cars, which enjoyed a cult following for their streamlined design among early fans including actor Leonardo DiCaprio and pop star Justin Bieber before the company’s demise last year. The “new” Karma ...

    http://www.scmp.com/business/china-business/article/1595891/wanxiang-relaunch-fiskers-karma-hybrid-car-sources-say

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