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  • November 21, 2014
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  1. Long jail terms for Moulin fraud pair

    Posted Dec 03rd 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Top executives of Moulin Global Eyecare Holdings have received some of the longest jail sentences for commercial crime in Hong Kong's history. Ma Bo-kee, the former chairman of the bankrupt eyewear maker, was sentenced to 12 years in pri ...

  2. Comment - Insight & Opinion

    Six years on, we still haven't learned the real lessons from Lehman collapse

    Posted Sep 12th 2014, 05:01pm by Andrew Sheng

    ... of the foundations of modern finance theory, the Modigliani-Miller theorem, suggests that the value of a firm is indifferent to whether its capital structure is debt or equity. This assumes no bankruptcy ...

  3. DBS to repay derivative customers with interest

    Posted Jul 15th 2010, 12:00am by Enoch Yiu

    ... to the credit of Lehman Brothers. They became worthless when Lehman Brothers filed for bankruptcy in September 2008. More than 20,000 customers complained that staff at banks or brokers had misled them ...

  4. A decade of financial and social turmoil

    Posted Jun 22nd 2010, 12:00am by Mukul Munish

    ... for bankruptcy On September 14, Lehman Brothers sent shockwaves through the global financial markets when it filed for bankruptcy in a New York court. The next day, global equity markets collapsed as a result of the bankruptcy of one of the oldest Wall Street banks. The central banks, led by the United States Federal Reserve, rushed to inject tens of billions of US dollars into the money ...

  5. In Brief

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Molester of 15-year-old boy jailed for six months A flight instructor who lured a teenage boy with gadgets and free meals to engage in sex acts with him was jailed for six months yesterday. Yu Ping-chak, 22, was convicted in the District Court of two coun ...

  6. Souls of 'China Titanic' victims finally fly to heaven

    Posted Jun 27th 2010, 12:00am by Mark O'Neill

    ... and its insurance company declared bankruptcy. As the civil war intensified and an iron curtain fell between the two sides, the Taiping became a taboo subject. In 1951, family members of the dead ...

  7. Lifestyle posts 38.8pc interim profit growth

    Posted Aug 10th 2010, 12:00am by Charlotte So

    ... Charlotte So Lifestyle International Holdings, operator of Hong Kong's Sogo and the mainland's Jiuguang department stores, reported a 38.8 per cent year-on-year growth in net profit for the first six months on strong recovery in retail sales. Th ...

  8. Business - Economy - THE VIEW

    Hong Kong at mercy of forces far beyond its control

    Posted Nov 20th 2014, 07:46am by RICHARD HARRIS

    ... the shelves, sent prices through the roof, and brought countries at times to near-bankruptcy. Markets may produce outcomes that we do not like, but the best remedy is to gently rebalance the playing ...

  9. News - China Insider - Honey Laundering

    Groeb Farms, accused of 'laundering' Chinese honey in US, files for bankruptcy

    Posted Oct 03rd 2013, 11:02am by Patrick Boehler

    ... Patrick Boehler patrick.boehler@scmp.com Biggest honey supplier in US admits it smuggled Chinese honey to avoid import taxes Groeb Farms, the largest honey supplier in the United States, filed for bankruptcy on Tuesday in Michigan amid impending lawsuits over its role in smuggling Chinese honey into America. The filing puts a halt to class-action lawsuits brought by US honey ...

  10. Electronic cigarette share sale in doubt

    Posted May 01st 2010, 12:00am by Eric Ng

    ... bankruptcy. The company said earlier this week that Chung Nam Securities, the underwriter of the proposed HK$250 million convertible bond issue, has waived certain preconditions for underwriting ...




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