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  • April 20, 2014
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  1. Business - Companies - STRATEGY

    BlackBerry weighs exit from handset business eyes investments

    Posted Apr 11th 2014, 12:59am by Reuters

    ... Reuters in New York Struggling technology firm eyes investments and acquisitions to expand corporate reach BlackBerry may exit handsets in profitability push BlackBerry will consider ... specific, but said it should be possible to make money off shipments of as few as 10 million devices a year. At its peak, in its 2011 financial year, BlackBerry shipped 52.3 million devices. Last ...

  2. Business - China Business - COMPANY VISIT

    Back in the black

    Posted Apr 05th 2014, 01:07am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com World's seventh largest smartphone supplier eyes growth opportunities in Europe and the wearable computer market after return to profit Reversal of fortune Change is good for ZTE, according to Wei Zaisheng, chief financ ...

  3. Business - Companies - GOVERNANCE

    BlackRock chief urges chief executives to invest in long-term growth

    Posted Mar 29th 2014, 01:13am by BLOOM

    ... Bloomberg in New York Businesses should use their capital to generate sustainable returns, says BlackRock co-founder Company bosses urged to invest in long-term growth Black ... balance-sheet decisions. Following up on a January 2012 letter in which he urged 600 of BlackRock's largest holdings to adopt shareholder-friendly practices, Fink wrote last week to the heads ...

  4. Business - Commodities - EARNINGS

    Chalco warns of change in competitive landscape after return to the black

    Posted Mar 19th 2014, 01:25am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Chalco warns of change in competitive landscape Aluminum Corp of China (Chalco) posted a net profit of 975.2 million yuan (HK$1.2 billion) for last year, reversing an 8.2 billion yuan loss the previous year, mainly due to asset ...

  5. Business - Money - FUNDS

    MPF returns to black in February on equities rebound

    Posted Mar 05th 2014, 01:38am by Enoch Yiu

    ... Encoh Yiu enoch.yiu@scmp.com Hong Kong pension fund reports 2.25pc average return last month after 2.43pc loss in January MPF returns to black on equities rebound The city's Mandatory Provident Fund is back in the black after reporting an average return of 2.25 per cent last month, thanks to a rebound in regional stock markets. This came after the MPF suffered an average loss ...

  6. Business - Companies - SHIPPING

    Pacific Basin sails into black on dry bulk turnaround

    Posted Feb 28th 2014, 01:10am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Shipping firm sees stronger returns this year on recovery in freight rates and more vessels Pacific Basin sails into black on dry bulk turnaround Pacific Basin Shipping, the largest operator of Handysize vessels, posted a turnaround in 2013 due to lower impairment losses on its vessels, and management says a cyclical upswing in the volatile dry ...

  7. Business - China Business - STOCKS

    Shareholders eye slice of Gome founder's cash

    Posted Apr 18th 2014, 01:17am by Enoch Yiu

    ... include Bain Capital, with 11 per cent; BlackRock, 7 per cent; and Carmignac Gestion, 5 per cent, exchange data shows. Wong was put behind bars in 2010 after a Beijing court sentenced him ...

  8. Business - Economy - COMMENT

    How liquidity evaporates from China

    Posted Apr 18th 2014, 01:17am by RICHARD HARRIS

    ... But in reality, no one knows- except that it is significant. This black market has developed to allow market-based funding of smaller enterprises and individuals. It appears strange to have such a tightly ...

  9. Business - Money - EQUITIES

    Through train threatens sales in quota scheme

    Posted Apr 16th 2014, 01:21am by Jeanny Yu

    ... economy mounted, according to data provided by BlackRock which in turn pointed to figures from Bloomberg, ETF issuers and Goldman Sachs Securities. Only the two most liquid A-share ETFs- iShares FTSE A50 managed by BlackRock Asset Management and CSOP FTSE China A50 ETF managed by CSOP Asset Management- continued to see net inflows pick up, according to the data. "A shares have ...

  10. Business - Companies - TECHNOLOGY

    BlackBerry brings back the keyboard

    Posted Jan 08th 2014, 03:42am by BLOOM

    ... Bloomberg in Toronto BlackBerry brings back the keyboard BlackBerry, which struggled to entice customers with touch-screen models last year, plans to return its focus to keyboard-equipped ... last year's BlackBerry 10 line-up fizzled with consumers- contributing to billions of dollars of write-downs. As part of his comeback plan, BlackBerry is refocusing on the corporate ...




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