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  • July 23, 2014
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  1. Business - Economy - THE VIEW

    Cash subsidies go only so far in reducing poverty in Hong Kong

    Posted Jul 22nd 2014, 11:22am by Richard Wong

    ... Richard Wong The plight of the poor in Hong Kong needs to be addressed, but we must recognise that cash subsidies only go so far in alleviating the problem Poverty track Tackling poverty ... an allowance alleviates its direct effect. Helping the poor is a laudable goal, but let us not go overboard This can be accomplished most efficiently through a cash-based income redistribution policy ...

    http://www.scmp.com/business/economy/article/1557146/cash-subsidies-go-only-so-far-reducing-poverty
  2. News - China Insider - ENTERTAINMENT

    Chinese farmer who makes giant Transformers from car parts cashes in on success of film

    Posted Jul 21st 2014, 03:36pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com A Shandong farmer has capitalised on the popularity of Transformers by making life-sized models from old car parts based on characters in the film series that he sells for as much as 100,000 yuan (HK$125,630) each. Liu Xianhui ...

    http://www.scmp.com/news/china-insider/article/1556973/shandong-farmer-profits-life-sized-transformer-models-made-old
  3. News - Hong Kong - POLITICS

    Newspaper vendors offered cash to display and hand out anti-Occupy posters

    Posted Jul 22nd 2014, 03:58am by SAMUEL CHAN, JEFFIE LAM

    ... Samuel Chan and Jeffie Lam Distributor puts up HK$100 to post the messages, more to hand them out Vendors offered cash to display anti-Occupy posters The sole distributor and long-time partner of pro-democracy newspaper Apple Daily is offering vendors HK$100 to display personally signed posters opposing the Occupy Central movement. Sum Tak-keung's CLT Books Distribution ...

    http://www.scmp.com/news/hong-kong/article/1557050/newspaper-vendors-offered-cash-display-and-hand-out-anti-occupy
  4. Business - Banking & Finance

    Heat from CCTV exposé unlikely to hit mainland cash outflows

    Posted Jul 16th 2014, 01:15am by Daniel Ren and Peggy Sito

    ... Daniel Ren in Shanghai and Peggy Sito Transfers under BOC scheme make up only a fraction of capital flight, analysts say Heat from TV exposé unlikely to hit outflows Overseas investment flows from the mainland are likely to suffer only a minor setback in ...

    http://www.scmp.com/business/banking-finance/article/1555038/heat-cctv-expose-unlikely-hit-mainland-cash-outflows
  5. Business - China Business - DEBT

    Chinese coal miner faces bankruptcy as cash supplies dwindle

    Posted Jul 08th 2014, 01:54am by BLOOM

    ... Bloomberg in Singapore and Shanghai Mainland firm Hidili, whose bonds are Asia's worst-performing, is searching for new funding Coal miner faces crisisas cash supplies dwindle Asia's worst-performing bond in the past year was issued by a mainland coal miner facing a critical three months as its cash holdings deplete. Hidili Industry International Development's ...

    http://www.scmp.com/business/china-business/article/1549194/chinese-coal-miner-faces-bankruptcy-cash-supplies-dwindle
  6. Business - THE VIEW

    Cash is a killer for wealthy Asians

    Posted Jul 07th 2014, 05:26am by Peter Guy

    ... Peter Guy Family offices can effectively manage wealth, but they are struggling in Asia due to cultural values and a reluctance to delegate to professionals When cash turns bad ... for this group in the current market environment. Stung by the financial crisis, most of them sought refuge in fixed income and cash and missed out on a five-year bull market in equities. This year, ...

    http://www.scmp.com/business/article/1548207/cash-killer-wealthy-asians
  7. Business - Economy

    Cash flow is king?

    Posted Feb 26th 2013, 12:00am by Bloomberg

    ... Bloomberg in Munich Wary European firms are sitting on a cash pile of US$475 billion, but they may risk losing out to their US rivals on the acquisition front Cash flow is king? European companies are hoarding more than three times the cash they held a decade ago as the region heads for a second year of recession, putting them at risk of losing out to US rivals boosting acquisitions ...

    http://www.scmp.com/business/economy/article/1158569/cash-flow-king
  8. Business - Companies - ACQUISITIONS

    Cash hoard spurs buying spree by US chipmakers

    Posted Jul 04th 2014, 01:41am by BLOOM

    ... Bloomberg in San Francisco Deals worth almost US$11b signed in first half as companies seek expansion through acquisitions Cash hoard spurs US chipmakers to go on buying spree Chipmakers ... companies have seen cash reserves swell and may now have a chance to spend that money on deals, according to Nomura, which also said stock rallies that followed deal announcements were incentives ...

    http://www.scmp.com/business/companies/article/1546080/cash-hoard-spurs-buying-spree-us-chipmakers
  9. Business - Commodities - PLACEMENTS

    China Resources Gas raises HK$2.77b in share placement

    Posted Nov 21st 2012, 12:00am by Charlotte So

    ... the company from a net cash position to a 70 per cent net debt to equity ratio, an e-mail from equity research firm BOCI Securities said yesterday. After a huge negative free cash flow this year, CR Gas can achieve positive cash flow in the future, as there will be no more asset injections from the parent, BOCI said. Capital expenditures would fall to an annual HK$6 billion from next year ...

    http://www.scmp.com/business/commodities/article/1087081/china-resources-gas-raises-hk277b-share-placement
  10. Sport - Tennis - Wimbledon

    Pat Cash fires a volley at 'ridiculous' rules

    Posted Jun 27th 2014, 10:14pm by AFP

    ... Agence France-Presse in London Officials applying All England Club's all-white dress code far too strictly, says former champion Pat Cash fires a volley at 'ridiculous' rules Former Wimbledon champion Pat Cash blasted the All England Club, saying they were being over-zealous with the all-white dress code which he claims has forced some women players to even ...

    http://www.scmp.com/sport/tennis/article/1541980/pat-cash-fires-volley-ridiculous-rules

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