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  • September 21, 2014
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  1. Business - Companies

    Google buys satellite company Skybox Imaging

    Posted Jun 12th 2014, 01:28am by BLOOM

    ... Bloomberg in San Francisco Google in deal forsatellite company Google said it is acquiring satellite company Skybox Imaging for US$500 million as it works to bolster its mapping services and improve internet access. The all-cash deal was subject to adjustments, the company said yesterday. Skybox has designed satellites to capture images and deliver them to customers with details down ...

    http://www.scmp.com/business/companies/article/1530395/google-buys-satellite-company-skybox-imaging
  2. Business - China Business - HEALTH CARE

    Doctor consultation app seeks to disrupt China's health care market

    Posted Sep 01st 2014, 04:21am by James Griffiths

    ... and 2012, violence against medical personnel rose on average 23 per cent every year. Doctor consultation mobile application Chunyu Yisheng offers a potential way forward, driving innovation from ... 40,000 doctors. Asking questions on forums is free, as are 90-second phone calls with physicians. Beyond that, for longer private consultation or scheduling in-person appointments, users must ...

    http://www.scmp.com/business/china-business/article/1582412/doctor-consultation-app-seeks-disrupt-chinas-health-care
  3. Business - Money - INVESTMENT

    Centaur Litigation funds 'misappropriated', backed failed lawsuits- report

    Posted Sep 18th 2014, 03:35pm by Benjamin Robertson

    ... Brokers, which regulates Hong Kong's insurance industry. In an earlier South China Morning Post story Kirkham denied that any of his consultants sold Centaur funds. This was disputed by four investors who said they bought the fund through a division of Business Class Group called Lifestyle Brokers. Several former group consultants told the Post they either sold the fund or had attended ...

    http://www.scmp.com/business/money/markets-investing/article/1595379/centaur-litigation-funds-misappropriated-backed
  4. Business - China Business - VEHICLES

    China's fickle motorists confound carmakers

    Posted Sep 18th 2014, 05:57am by Kwong Man-ki

    ... marques, a survey finds. Three-quarters of owners plan to buy another brand for their next car, according to the survey of 2,400 motorists by the Boston Consulting Group. The findings, released ... Gerrits, a partner of Boston Consulting. Affluent consumers are seen as aspiring to a higher-quality brand, a trend likely to benefit some of the German manufacturers known for luxury marques. ...

    http://www.scmp.com/business/china-business/article/1594871/chinas-fickle-motorists-confound-carmakers
  5. Business - Money - EQUITIES

    Tiger Global keeps faith in rally story of Chinese car listing site Bitauto

    Posted Sep 20th 2014, 05:10am by Bloomberg

    ... to June, surpassing 10 per cent of the country's consumer goods spending, according to data from internet consultant iResearch. Bitauto has lost 0.3 per cent since September 12, trimming its ...

    http://www.scmp.com/business/money/markets-investing/article/1596337/tiger-global-keeps-faith-rally-story-chinese-car
  6. Business - Banking & Finance - REGULATION

    Financial Reporting Council backs government plan to widen its oversight

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

    ... Institute of Certified Public Accountants said it will fight the measure. In a public consultation three months ago the government proposed a law change to expand the power of the FRC to take over ...

    http://www.scmp.com/business/banking-finance/article/1595548/financial-reporting-council-backs-government-plan-widen-its
  7. Business - Banking & Finance - MONEY LAUNDERING

    Russian hot money flows into Hong Kong after West slaps sanctions on Moscow

    Posted Sep 15th 2014, 04:40am by Toh Han Shih

    ... International, a global risk consultancy. This was because Russian depositors and Russians seeking loans faced significant scrutiny by banks in Hong Kong, as the banks sought to minimise the risk ... said Ashley Galina Dudarenok, managing director of Alarice International, a Hong Kong consultancy that advises multinationals on their strategies for Hong Kong and China. In the past few ...

    http://www.scmp.com/business/banking-finance/article/1592673/russian-money-flows-hong-kong-following-imposition-western
  8. Business - Commodities - ENERGY

    Wind power and equipment maker shares slide 6pc by midday

    Posted Sep 15th 2014, 02:32pm by Eric Ng

    ... regulator is consulting participants on cutting power prices by an average 6 per cent on wind farms that start operation from the middle of next year or later. State-backed China Longyuan Power ... The new tariffs might apply to wind farms coming on stream on June 30 next year or later, the paper quoted sources at a consultation meeting as saying, adding that they faced opposition from ...

    http://www.scmp.com/business/commodities/article/1593078/windpower-and-equipment-maker-shares-slide-6pc-midday
  9. Business - Companies - TAKEOVERS

    Heineken confirms rejection of SABMiller takeover bid

    Posted Sep 15th 2014, 09:42am by Reuters

    ... Reuters in London and Amsterdam Dutch brewer Heineken said on Sunday it was approached by larger rival SABMiller about a potential takeover but that its controlling shareholder intended to keep the company independent. The maker of Heineken and Amstel beers said it consulted with its majority shareholder and concluded that SABMiller’s proposal was “non-actionable”. “The Heineken ...

    http://www.scmp.com/business/companies/article/1592948/heineken-confirms-rejection-sabmiller-takeover-bid
  10. Business - Companies - RETAILING

    759 Store chief to launch 'traditional take on e-commerce'

    Posted Sep 16th 2014, 03:23am by TIFFANY AP

    ... frontline staff. "The traffic is bad … [you don't want] delivery van guys who smoke and throw their cigarette butts everywhere," Lam said. Richard McKenzie from retail consultancy ...

    http://www.scmp.com/business/companies/article/1593492/759-store-chief-launch-traditional-take-e-commerce

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