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  • July 29, 2014
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  1. News - Asia - AUSTRALIA

    Australian parliament repeals carbon tax, emissions trading scheme

    Posted Jul 17th 2014, 11:18am by Reuters in Sydney

    ... Reuters in Sydney Australia on Thursday became the first country in the world to scrap a carbon tax as the upper house of the legislature also discarded plans for a trading scheme based on emissions The Australian Senate voted on Thursday to scrap the country’s carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves ...

    http://www.scmp.com/news/asia/article/1555539/australian-parliament-repeals-carbon-tax-emissions-trading-scheme
  2. News - Asia - AUSTRALIA

    Survivors of Australian bush fire win HK$3.6 billion in class action settlement

    Posted Jul 15th 2014, 11:13pm by AP

    ... Associated Press in Sydney Survivors of Australian bush fire win US$470m Survivors of one of Australia's deadliest bush fires are to be awarded nearly A$500 million (HK$3.6 billion) in a class action settlement reached yesterday, the largest such compensation in the nation's history. The fire, which killed 119 people, was the biggest in a series of blazes that tore through ...

    http://www.scmp.com/news/asia/article/1554901/survivors-australian-bush-fire-win-hk36-billion-class-action-settlement
  3. Business - Money - DEBT

    China's Huarong sells dollar bonds as borrowing costs plummet

    Posted Jul 10th 2014, 04:55am by Bloomberg

    ... Bloomberg in Singapore Mainland bad-loan managers raising funds as borrowing rates fall to more than 16-month low Huarong markets dollar bonds as costs plummet China Huarong Asset Management, one of the mainland's four bad-loan managers, is marketing US dollar bonds as souring debts surge and borrowing costs fall to a more than 16-month low. A unit of the Beijing-based ...

    http://www.scmp.com/business/money/markets-investing/article/1550632/chinas-huarong-sells-dollar-bonds-borrowing-costs
  4. Business - Banking & Finance - FINANCE

    Hong Kong Monetary Authority chief pledges support for US dollar peg

    Posted Jul 07th 2014, 11:27pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HKMA chief pledges support for US dollar peg Hong Kong Monetary Authority chief executive Norman Chan Tak-lam said yesterday that he would continue to support the local dollar's peg to the US currency when his second term begins in October. His comments- in an article on the HKMA website marking his fifth anniversary as the city's de facto ...

    http://www.scmp.com/business/banking-finance/article/1549266/hong-kong-monetary-authority-chief-pledges-support-us
  5. Business - Economy

    US dollar strengthens on faster jobs growth and recovery hopes

    Posted Jul 07th 2014, 05:26am by Bloomberg

    ... Bloomberg in London and Toronto US dollar sees gains on fast jobs growth The US dollar posted its biggest weekly gain in six as signs of an accelerating recovery in America spurred speculation that the Federal Reserve will bring forward the timing of interest-rate increases. The Bloomberg Dollar Spot Index, which tracks the greenback against 10 major peers, posted a 0.24 per ...

    http://www.scmp.com/business/economy/article/1548290/us-dollar-strengthens-faster-jobs-growth-and-recovery-hopes
  6. Business - Economy - CURRENCIES

    Aussie, Canadian dollars find favour with global central banks after falls

    Posted Oct 14th 2013, 12:00am by Bloomberg

    ... and Australian dollars since at least 2011 are making the currencies more attractive to global reserve managers. Purchases of Canadian dollars by central banks totalled US$16.8 billion in the second ... the Canadian dollar dropped 3.3 per cent in the period and the Australian dollar fell 12 per cent in the worst performance among the 31 major currencies tracked by Bloomberg. "The reserve-currency ...

    http://www.scmp.com/business/economy/article/1331087/aussie-canadian-dollars-find-favour-global-central-banks-after
  7. Lifestyle - Food & Wine

    Australian truffles offer off season alternative

    Posted Jul 11th 2014, 12:09am by Vicki Williams

    ... Vicki Williams life@scmp.com Aussie truffles win global fans Selling Australian-grown Périgord truffles to French chefs may seem a foolhardy, even impossible goal, but that is exactly what ... cent of the Australian truffle harvest. Included in the new French client base is Restaurant Bruno in Lorgues, France, a Michelin-starred restaurant that is known for using more truffles than ...

    http://www.scmp.com/lifestyle/food-wine/article/1551103/australian-truffles-offer-season-alternative
  8. Property - International - AUSTRALIA

    Chinese overtake US buyers as biggest investors in Australian property

    Posted Mar 05th 2014, 05:16am by Bloomberg

    ... continue to see a lift in Chinese investment into this country as the Australian dollar continues to fall and as residential property continues to strengthen." At least 10 Chinese cities, many ... Bloomberg Chinese the biggest real estate buyers in Australia Chinese buyers have overtaken Americans to become the biggest investors in Australian property, drawn by the nation's ...

    http://www.scmp.com/property/international/article/1440312/chinese-overtake-us-buyers-biggest-investors-australian
  9. News - Hong Kong - FLIGHT MH17

    Book of condolence for victims of Malaysia Airlines flight MH17 opens in Hong Kong

    Posted Jul 23rd 2014, 01:14pm by MICHAEL DE WAAL-MONTGOMERY

    ... Michael de Waal-Montgomery michael.dwm@scmp.com Australian consulate offers chance for Hongkongers, including city's 90,000 Australians, to pay their respects in Wan Chai Australian consulate in HK opens condolence book Hongkongers, including the city's 90,000 Australian passport holders, have been invited to pay their respects to the victims of downed Malaysia Airlines ...

    http://www.scmp.com/news/hong-kong/article/1557452/book-condolence-victims-malaysia-airlines-flight-mh17-opens-hong-kong
  10. News - World - INDUSTRIAL ESPIONAGE

    US charges Chinese woman in multimillion dollar trade secrets theft case

    Posted Jul 03rd 2014, 12:14pm

    ... Hailong’s home in Florida. Seed developers like Monsanto and Pioneer spend millions of dollars and years to develop new varieties and carefully protect them against theft to maintain a competitive ...

    http://www.scmp.com/news/world/article/1545426/us-charges-chinese-woman-multimillion-dollar-trade-secrets-theft-case

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