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  • July 24, 2014
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  1. Business - Commodities

    Chinese rig off Vietnam likely to strike gas, experts say

    Posted May 30th 2014, 01:10am by Reuters

    ... Reuters Gas 'likely' to be found by disputed China rig A Chinese oil rig, the deployment of which in waters claimed by Vietnam early this month triggered a rupture in ties, has a good chance of finding enough gas to put the area into production, Chinese industry experts said. That would give China its first viable energy field in the disputed South China Sea, one ...

  2. News - World - BRAZIL

    Brazilian police fire tear gas on Sao Paulo subway strikers ahead of World Cup

    Posted Jun 08th 2014, 11:17am by AFP

    ... are holding about a dozen of the workers at the station, where officers used tear gas and truncheons to disperse strikers last Thursday, a union official said. The union has reduced an initial demand ... ruling Subway strikers threaten chaos for World Cup Police in Sao Paulo fired tear gas on Monday to disperse protesters supporting a subway strike that has unleashed transport chaos three days ...

  3. News - China Insider

    Terrible rendition of China's national anthem makes Venezuelan military band a laughing stock

    Posted Jul 23rd 2014, 02:04pm by Chris Luo

    ... the video clip published on news portal sina.com.cn. “I know I surely wouldn’t be able to hold my laughter if I were at the scene." Another blogger suggested that “China should express vehement ... Chris Luo chris.luo@scmp.com When China's Xi Jinping touched down in Venezuela earlier this week he was met by the sight of an immaculately presented guard of honour and greeted ...

  4. Business - Commodities - ENERGY

    Chinese drilling rig off Vietnam likely to strike gas, experts say

    Posted May 29th 2014, 03:18pm by Reuters

    ... where the rig is drilling at the moment is likely to be a gas field. China conducted three-dimensional geological surveys before moving the rig there,” said Wu Shicun, president of the National Institute for South China Sea Studies, a government think-tank in Hainan province. China National Petroleum Corporation (CNPC), the dominant oil and gas producer in China, owns the block being ...

  5. Business - China Business

    China orders more than 200 top officials to quit company positions

    Posted Jul 24th 2014, 01:06am by BLOOM

    ... also holding outside jobs, Xinhua reported on Tuesday. A department task force found that 40,700 officials- including 229 at the provincial or ministerial levels- had extra jobs. President Xi ... at the Development Research Centre, on Tuesday stepped down as an independent non-executive director at China Minsheng Banking Corp, a post he had held since 2012. The research centre is a government think ...

  6. News - Hong Kong - ENVIRONMENT

    Power generation pushed up greenhouse gas emissions by 5pc

    Posted Jun 07th 2014, 03:44am by FANNY FUNG

    ... said Yeung Man-yau, a campaigner for the environmental group. "It might be a consequence of the use of more coal and less use of natural gas, especially by China Light and Power, because ... Fanny Fung fanny.fung@scmp.com Power generation pushes emissions up 5pc Greenhouse gas emissions in Hong Kong went up by 5 per cent between 2010 and 2011, mainly due to power generation, ...

  7. Business - Companies - TECHNOLOGY

    ARM sees boon in chip technology licensing in China

    Posted Jul 23rd 2014, 01:33am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com British chip technology supplier expects mainland 4G push to boost licensing deals ARM banks on boom in smartphone sales ARM Holdings, the world's ... told the South China Morning Post. "We're building a very strong licensing business in China." Our business is … helping companies accelerate innovation SIMON SEGARS, ARM ...

  8. Business - Commodities - ENERGY

    Beijing Enterprises' China Gas play may be nationwide expansion vehicle

    Posted Jul 31st 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Beijing Enterprises Holdings seeks to wield management control over the city-gas distributor after amassing a 22 per cent stake China Gas deal sets scene for showdown Energy-to-brewery conglomerate Beijing Enterprises Holdings may use its China Gas unit as a vehicle for nationwide expansion in gas distribution, raising the risk of a boardroom clash over ...

  9. Business - Commodities - ENERGY

    China gas distributors profitable as price controls slam PetroChina

    Posted Jun 27th 2013, 12:00am by Eric Ng

    ... in China's gas business The mainland's natural gas sector is a tale of two industries: a downstream distribution business where operators are enjoying record profits thanks to rising gas demand ... to encourage gas use in China, the gas [supply] chain is increasingly unstable," wrote analysts at American brokerage Sanford C. Bernstein. "The government may not like it, but either gas ...

  10. Business - Companies - ACQUISITIONS

    Li Ka-shing's Cheung Kong firms to acquire Australian gas pipeline firm Envestra

    Posted May 30th 2014, 03:34pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Envestra is Li Ka-shing's latest overseas target as group rebalances local holdings in favour of foreign assets with higher returns Cheung Kong in offerfor offshore pipeline Cheung Kong (Holdings), Cheung Kong Infrastructure (CKI) and Power Assets have joined hands to acquire Envestra, an Australian gas pipeline firm, in a cash deal worth ...




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