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  • October 21, 2014
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  1. PLA Navy takes initial lead in anti-piracy co-ordination

    Posted Oct 21st 2011, 12:00am

    ... convoy co-ordination group from January 1 next year, senior naval officers have confirmed. The PLA Navy will oversee the operation of warships from China, Russia, India and other countries ... because China has been pushing for better co-ordination of the independent navies. The January 1 start date will give the navies time to better align their operations. One naval officer said ...

  2. Top religious affairs body hits back at Vatican over ordinations

    Posted May 07th 2006, 12:00am by Ambrose Leung

    ... appointments of bishops in some dioceses. Not only has the Vatican all along not given positive responses, it has launched its criticisms after the ordinations took place. This is seriously ... it was the first time a state authority had commented in detail on the appointments. Pope Benedict's spokesman on Thursday said the ordinations were a 'grave violation of religious liberty' ...

  3. News - China - BUSINESS

    African companies in fear of China's corporate invasion

    Posted May 07th 2013, 12:00am by Teddy Ng

    ... Teddy Ng teddy.ng@scmp.com Local companies welcome the investments but fear being overrun by state-owned juggernauts Corporate China's Africa invasion Bafana Ndendwa has conflicting feelings when he sees the increased presence of Chinese companies in Africa. On one hand, the managing director of a construction company in South Africa believes companies such as his can learn ...

  4. News - China

    I'm sorry, says businessman who stole US$100m software from companies including Microsoft

    Posted Jan 08th 2013, 10:29am by Reuters in Wilmington, Delaware

    ... it was such a big crime.” Agents from Immigration and Customs Enforcement/Homeland Security Investigations learned of Li’s enterprise after an unidentified US manufacturer noticed his company’s software ... data obtained unlawfully from an American software company.” Officials did not identify the company in court documents.   ...

  5. News - World

    No ransom paid for freed Chinese hostages, says oil company

    Posted Dec 15th 2012, 10:32am by Agence France Presse in Bogota

    ... Agence France Presse in Bogota No ransom was paid to secure the release of four Chinese oil workers freed last month after being held hostage for more than a year, the company said Friday, ... Cuellar told a local radio station. Colombia’s former president Alvaro Uribe wrote in a Twitter message that the company paid the FARC more than US$2 million to free the Chinese hostages, without ...

  6. Business - China Business - POLICY

    China's private companies set to play a bigger role in overseas deals

    Posted Sep 15th 2012, 12:00am by TOH HAN SHIH AND LULU CHEN

    ... Toh Han Shih and Lulu Chen Policy changes seen leading to less state domination of foreign deals as 'going out' strategy enters the next phase Private companies set to play ... to government policies. "For the past 30 years, China's 'going-out' was government-directed. Now the government's policy of encouraging private companies to go out ...

  7. Business - Money - MARKETS

    Cloud over China company earnings and stocks as economy slows

    Posted Sep 05th 2012, 12:00am by Bloomberg

    ... Bloomberg in Shanghai Company earnings forecast lowered and cloud hangs over stocks as economy slows China outlook takes a beating from analysts Goldman Sachs has lowered earnings growth forecasts for China's companies and Credit Suisse cut stock index targets as the economy slows. Profits for companies in the MSCI China Index might increase 1.8 per cent this year and 8.6 per ...

  8. Business - Companies

    Company Results, August 13

    Posted Aug 13th 2012, 12:00am

    ... Today 1st Quarter: China Communication Telecom Services, Fairson Holdings, Finet Group, Global Link Communications Holdings, Great World, Mobile Telecom Network (Holdings), Sino Harbour Property Group, Tai Shing International (Holdings) Interim: Brillianc ...

  9. Power companies turn to coal to stem losses

    Posted Apr 19th 2012, 12:00am

    ... over power prices. Now the companies are going 'upstream' to almost double their coal output by 2015 in an attempt to improve profits, according to Liu Xiangdong of the China ... producers' combined profits tripled to almost 300 billion yuan between 2007 and 2010. But the profits of power companies fell from around 200 billion yuan in 2007 to between 50 billion and 80 billion ...

  10. US companies plan to boost China investment

    Posted Feb 29th 2012, 12:00am

    ... Sally Wang sally.wang@scmp.com American companies in southern China are operating profitably and plan an aggregate 20 per cent increase in investments over the next three years to expand ... yesterday, the Guangzhou-based Chamber said about 90 per cent of US companies in the region that participated in the study reported they were either profitable, or would be within two years. The most ...




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