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  1. News - Hong Kong - TRANSPORT

    MTR to review storm protection after disruption

    Posted Jul 24th 2014, 04:57am by Ada Lee

    ... Ada Lee ada.lee@scmp.com Railway operator will also look at passenger announcements after West Rail delays MTR to review storm protection after disruption The MTR Corporation will review ... in a series of disruptions to hit the MTR in recent months. In May, the government warned bosses at the corporation- which has also been dogged by delays in the building of new lines- that they could ...

    http://www.scmp.com/news/hong-kong/article/1557679/mtr-review-storm-protection-after-disruption
  2. News - Hong Kong - TRANSPORT

    Engineer offers explosive solution to railway woes

    Posted Apr 21st 2014, 04:10am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Raymond Chan says MTR Corporation could blast tunnels after boring machine breaks Engineer offers explosive solution to railway woes Explosives could be used ... questioned why the MTR Corporation had not protected the machine from water damage in last month's storms. Damage to the machine was cited as a key factor when a two-year delay ...

    http://www.scmp.com/news/hong-kong/article/1492053/engineer-offers-explosive-solution-railway-woes
  3. Business - China Business

    Mainland railway firm eyes US project

    Posted Nov 03rd 2012, 12:00am by Toh Han Shih

    ... of China Railway Construction Corp is talking to a US company on building a retirement community in Nevada, said Yu Xingxi, the finance and accounting manager of the Shanghai and Hong Kong-listed ... Toh Han Shih hanshih.toh@scmp.com CRCC is negotiating to build retirement community in Nevada costing US$700 million Mainland rail firm eyes US project Despite the China ...

    http://www.scmp.com/business/china-business/article/1074828/mainland-railway-firm-eyes-us-project
  4. Business - Economy - RAIL

    Finance Ministry mulls subsidies for essential 'public rail lines'

    Posted Oct 31st 2012, 12:00am by Toh Han Shih

    ... of the government's recent increased spending on railways to stimulate the economy, the net profit of China Railway Construction Corporation (CRCC) surged 41 per cent to 1.9 billion yuan in the third quarter, while the net profit of China Railway Group soared 67.6 per cent to 1.9 billion yuan. CRCC's new contracts jumped 88.3 per cent to 181.8 billion in the third quarter. ...

    http://www.scmp.com/business/economy/article/1073568/finance-ministry-mulls-subsidies-essential-public-rail-lines
  5. News - Hong Kong - POLITICS

    Stamp duty relief for corporate property buyers set to be voted down

    Posted Jul 15th 2014, 04:29am by JEFFIE LAM

    ... Jeffie Lam jeffie.lam@scmp.com People Power does U-turn again on help for corporate property buyers Stamp duty change set to be blocked An amendment to stamp duty legislation to give refunds to corporate buyers who hold on to premises for three years looks set to be voted down today. Radical group People Power changed its stance on the issue for a second time, and decided ...

    http://www.scmp.com/news/hong-kong/article/1554350/stamp-duty-relief-corporate-property-buyers-set-be-voted-down
  6. Business - Money

    Credit default swaps booming in China

    Posted Jul 21st 2014, 03:18am by Reuters

    ... more than doubled in the past year as fears over slowing growth and rising corporate defaults in the world's second-largest economy have helped transform the contract into the go-to Asia hedge for macro investors. The net notional outstanding in China CDS now stands at US$14.1 billion according to DTCC, a leap of 109 per cent compared to a year ago. The country is now the third ...

    http://www.scmp.com/business/money/markets-investing/article/1556879/credit-default-swaps-booming-china
  7. News - China - ANTI-CORRUPTION MEASURES

    China’s elite engineering club writes anti-corruption measure into new charter

    Posted Jun 12th 2014, 05:27pm by STEPHEN CHEN

    ... Zhang was seen as the second in command to former railways minister Liu Zhijun, the father of China’s high-speed rail network. Liu was sentenced to death, with a suspension of two years, ... Stephen Chen binglin.chen@scmp.com The mainland’s most prestigious engineering association has barred universities and other enterprises from nominating members – months after a railways ...

    http://www.scmp.com/news/china/article/1530883/chinas-prestigious-engineering-club-writes-anti-corruption-measure-new
  8. Railway Materials' IPO sends investors to exits

    Posted Jul 10th 2012, 12:00am

    ... Daniel Ren ren.wei@scmp.com A plan by China Railway Materials to launch a 6 billion yuan (HK$7.35 billion) initial public offering in Shanghai sent mainland investors, already battered ... caved in to the pressure from the central government leaders, who are determined to support cash-hungry state-owned companies. 2.77b China Railway Materials says it will probably sell no more ...

    http://www.scmp.com/article/1006389/railway-materials-ipo-sends-investors-exits
  9. Business - THE VIEW

    HSBC seems to find it easier to pay fines than fix corporate culture

    Posted Jul 14th 2014, 03:09am by Peter Guy

    ... one of the most onerous legal supervision arrangements in financial history. HSBC is now leading corporate life under a strict, five-year, deferred prosecution agreement monitored by the US ... a new culture. While a wholesale change in beliefs and attitudes is difficult for any large organisation, HSBC appears to be mired in a confusing and difficult corporate soul search. But, ...

    http://www.scmp.com/business/article/1553555/hsbc-seems-find-it-easier-pay-fines-fix-corporate-culture
  10. News - China - COMPANIES

    Former top officials from China Three Gorges Corporation moved to new posts

    Posted Apr 06th 2014, 06:01am by Keith Zhai

    ... posts The former head of the scandal-hit China Three Gorges Corporation, which built the world's biggest hydropower scheme, has been appointed deputy governor of Hubei province, two people ... into Three Gorges follows an earlier anti-graft wave that swept through the oil industry. Jiang Jiemin, the former chairman of China National Petroleum Corporation (CNPC), was detained last year ...

    http://www.scmp.com/news/china/article/1465944/former-top-officials-china-three-gorges-corporation-moved-new-posts

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