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  1. Business - Commodities - EARNINGS

    Chongqing Iron & Steel losses widen 23pc

    Posted Aug 29th 2014, 09:39am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Chongqing Iron & Steel, a medium-sized Chinese steelmaker, reported its net loss in the first half widened 23 per cent year on year to 1.38 billion yuan ... on the same period last year. Better cost controls, however, cut operating costs by 32.68 per cent to 6.32 billion yuan. In a statement, Chongqing Iron said the industry was unlikely to turn ...

    http://www.scmp.com/business/commodities/article/1581642/chongqing-iron-steel-losses-widen-23pc
  2. Business - Money - EARNINGS

    Jump in bad loans sparks sell-off in Chongqing Rural Commercial Bank shares

    Posted Aug 19th 2014, 01:27am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Chongqing Rural Commercial Bank shares fall 6pc on 16.6pc increase in non-performing loans Jump in bad loans sparks sell-off in mainland bank Chongqing ... at Barclays Research. "But the magnitude [at Chongqing Rural] was a bit higher than expected." The bank posted net interest income of 8.85 billion yuan for the first half, up 16.6 per cent ...

    http://www.scmp.com/business/money/markets-investing/article/1576298/jump-bad-loans-sparks-sell-chongqing-rural
  3. News - China - POLLUTION

    Sulphur plant pollutes reservoir in Chongqing

    Posted Aug 18th 2014, 05:36am by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Sulphur plant pollutes reservoir A reservoir in Chongqing has been contaminated by a sulphur processing plant, threatening the safety of water supplies to more than 50,000 villagers in nearby areas, state media reported yesterday. Environmental protection officials found traces of the chemical compound sodium ethyl xanthate in the reservoir ...

    http://www.scmp.com/news/china/article/1575656/sulphur-plant-pollutes-reservoir-chongqing
  4. News - China

    Chongqing authority to examine official’s alleged sex romp

    Posted Nov 21st 2012, 04:45pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com Party discipline authorities in Chongqing are looking into an accusation that a district official has been involved in illegal detention and having “improper sexual relation” with a mistress, the Chongqing propaganda website said. Cqnews.net, a website administrated by the Chongqing party propaganda division, said on Wednesday that the Chongqing ...

    http://www.scmp.com/news/china/article/1087580/chongqing-authority-examine-officials-alleged-sex-romp
  5. News - China - SCIENCE

    Chinese scientist says prehistoric man ate pandas

    Posted Oct 14th 2012, 03:56pm by Associated Press in Beijing

    ... of the city of Chongqing in southwest China. Wei, the head of the Institute of Three Gorges Paleoanthropology at a Chongqing museum, says many excavated panda fossils “showed that pandas were once slashed to death by man”. The Chongqing Morning Post quoted him as saying: “In primitive times, people wouldn’t kill animals that were useless to them” and therefore the pandas must have been used ...

    http://www.scmp.com/news/china/article/1060926/chinese-scientist-says-prehistoric-man-ate-pandas
  6. Business - Money - ACQUISITIONS

    Chongqing broker Southwest Securities buys Tanrich for HK$700m

    Posted Jun 14th 2014, 04:19am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Chongqing broker takes over Tanrich Financial Southwest Securities has become the latest mainland brokerage to acquire a Hong Kong rival, after the trading arm of the Guangzhou city government bought Chong Hing Bank in a HK$12 billion deal last year. In a statement to the Shanghai stock exchange, the Chongqing-headquartered broker said its board had agreed ...

    http://www.scmp.com/business/money/markets-investing/article/1532112/chongqing-broker-southwest-securities-buys-tanrich
  7. News - China - MINING

    Death toll hits 22 in Chongqing coal mine accident

    Posted Jun 04th 2014, 09:24am by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing A 'gas incident' at a coal mine in Chongqing municipality caused the deaths of 22 workers late on Monday, state media reported Twenty-two people were killed in an accident at a coal mine in the southwestern municipality of Chongqing on Tuesday, state media reported. The accident at the Yanshitai coal mine in Chongqing's Wansheng ...

    http://www.scmp.com/news/china/article/1525052/death-toll-hits-22-chongqing-coal-mine-accident
  8. Business - Banking & Finance - EARNINGS

    Newly listed banks see profits soar

    Posted Aug 20th 2014, 09:44am by DON WEINLAND

    ... of the year. Bank of Chongqing, which listed in October, said in a filing to the Hong Kong stock exchange late on Tuesday that net profit in the first six months of the year hit 1.66 billion yuan ... in a separate statement late on Tuesday. Its impairment charges for loans and advances to customers climbed by about 42 per cent year on year. At Bank of Chongqing, provisions for loans and advances ...

    http://www.scmp.com/business/banking-finance/article/1577513/newly-listed-banks-see-profits-soar
  9. Business - Companies - MANAGEMENT

    Troubled lighting firm NVC declares 'emergency' and moves headquarters

    Posted Aug 20th 2014, 11:41am by Enoch Yiu

    ... in a dispute with its chief executive, was in an "emergency situation" and will suspend operations in Chongqing and establish a temporary headquarters at its office in Huizhou, Guangdong. ... at NVC's factory in Wanzhou, Chongqing- one of its four main production sites- had been suspended since August 8, the company said last week. The board is battling to remove chief executive Wu ...

    http://www.scmp.com/business/companies/article/1577603/troubled-nvc-declares-emergency-and-moves-headquarters-huizhou
  10. News - China - COURTS

    Suspended jail terms for ex-police who abused suspect in Chongqing

    Posted May 14th 2014, 03:51pm by STEPHEN CHEN, Keith Zhai

    ... police officers were found guilty of abusing a suspect in their custody during Chongqing's "strike black" crackdown on crime three years ago but won't be jailed. Two ... Chongqing resident who said he had been tortured during the crackdown called the punishments inappropriate and said it would encourage police to abuse suspects in the future. Former officer Gou ...

    http://www.scmp.com/news/china/article/1512041/ex-policemen-jailed-torturing-suspect-during-chongqing-strike-black

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