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  1. China Eastern, Air China post losses

    Posted Oct 29th 2008, 12:00am by Charlotte So

    ... Charlotte So A stagnating yuan and falling air traffic plunged China Eastern Airlines Corp and Air China into hefty deficits for the third quarter. China Eastern recorded a 2.33 billion ... are predicting a full-year loss for 2008,' said Sunny Zhou, an investor relations manager for China Eastern. Sales at the Shanghai-based carrier slid to 10.81 billion yuan in the third quarter from ...

  2. China Eastern snub fears spur fall in Air China

    Posted Jan 22nd 2008, 12:00am by Charlotte So

    ... Shares in Air China dived 15.18 per cent to HK$8.38 in Hong Kong yesterday amid fears China Eastern Airlines Corp would not accept a proposal by Air China's parent China National Aviation Corp (Group) (CNAC) for a 30 per cent stake. China Eastern shares were suspended yesterday but will resume trading today. Uncertainty over the deal could drag down the stock in the near ...

  3. Air China tie-up put to China Eastern

    Posted Jan 20th 2008, 12:00am by Charlotte So

    ... Charlotte So HK$14.9b offer to Shanghai carrier Shares in Air China will be suspended from trading tomorrow after its parent company handed rival carrier China Eastern Airlines a proposal for a wide-ranging alliance, believed to involve an investment of HK$14.9 billion. The move by China National Aviation Corporation (CNAC) came 10 days after China Eastern shareholders overwhelmingly rejected ...

  4. China Southern chairman moves to China Eastern

    Posted Dec 13th 2008, 12:00am by Charlotte So

    ... Charlotte So Liu Shaoyong, chairman of China Southern Airlines, has been appointed chairman of rival China Eastern by the central government, putting him in a position to help restructure mainland carriers. Mr Liu had already relocated to an office at China Eastern Air Holding, his secretary said yesterday. Mr Liu replaces Li Fenghua as head of the Shanghai-based carrier, a move ...

  5. Air China to delay purchase of China Eastern

    Posted Sep 18th 2008, 12:00am by Charlotte So

    ... Charlotte So Air China has postponed plans to buy China Eastern Airlines Corp as the airline industry might take as long as two years to recover from the financial turmoil in the United ... Mr Kong said commercial considerations should give way to government decisions when it came to industry consolidation, contrasting Mr Li's market-driven motive behind Air China ...

  6. China Rises

    Posted Oct 12th 2008, 12:00am by Charmaine Chan

    ... Charmaine Chan China Rises by John Farndon Virgin Books, HK$136 As books about China continue to be pumped out, readers who were slow to the sluice gates may feel left behind. To catch up, they could do worse than read John Farndon's China Rises. If the title sounds generic that is because the book aims simply to give an overview of the country's state of affairs. However, ...

  7. Tripling of rent forces closure of popular 'Snake Home' coffee shop

    Posted Dec 30th 2008, 12:00am by Staff Reporter

    ... Tiffany Lam The beloved coffee shop in Central known to its regulars as 'Snake Home' served its last pineapple bun yesterday, as it closed after more than 60 years because of sky-rocketing rent. Fans thronged the Lok Heung Yuen Coffee Shop throu ...

  8. post-olympics viewpoint

    Posted Sep 22nd 2008, 12:00am by Staff Reporter

    ... Comprehension 1. To what do experts attribute China's success? a) money b) the athletes are very keen c) better athletes d) the centrally planned sports system 2. What do European ... China's sports system? a) it is not cost-effective and too many athletes fail b) it is not cost-effective and does not promote sport among the population c) it is not cost-effective and China does ...

  9. Table tennis veteran and blind soccer players warm hearts

    Posted Sep 12th 2008, 12:00am by Martin Zhou

    ... Martin Zhou in Beijing China wins eight more golds, but others produce best stories China won another eight gold medals yesterday at the Paralympics, taking its haul to 33. But the highlights of the day came from a number of China's other Paralympians, including a veteran table tennis player and its visually impaired soccer squad, who did not finish in first place. China ...

  10. China exit from World Cup- two years too soon

    Posted Jun 15th 2008, 12:00am by Martin Zhou

    ... Martin Zhou in Tianjin China were last night eliminated from the 2010 World Cup, a full two years before the world's biggest sporting event is held in South Africa. ... five matches so far and only one game left, China are now guaranteed to finish bottom of group One, which also includes Australia and Qatar. The top two teams of the pool will go through ...




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