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  • July 28, 2014
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  1. News - China - AGRICULTURE

    Genetically modified rice found for sale in Wuhan supermarket

    Posted Jul 28th 2014, 04:48am by Li Jing

    ... ministry and other experts. It was also possible that some seed companies had reproduced varieties in 2003 during the experimental planting of the rice. "You can't say [the seeds] were leaked on purpose. It's possible the seed companies have taken away the seeds and reproduced them illegally," he said. A Wuhan farmer told the programme the pest-resistant seeds were ...

    http://www.scmp.com/news/china/article/1560737/genetically-modified-rice-found-sale-wuhan-supermarket
  2. Business - Companies - COMPANIES

    LG posts strong Q2 profit as mobile division turns around

    Posted Jul 25th 2014, 01:35am by Reuters

    ... at least 2011. The company restated its earnings last year due to accounting changes and did not have new figures available for 010 or earlier, a company spokeswoman said. Shares of LG closed 4.1 per cent at 77,000 won as the wider market traded flat, extending gains following the company's earnings disclosure. LG's television division reported operating profit of 154.5 ...

    http://www.scmp.com/business/companies/article/1558527/lg-posts-strong-q2-profit-mobile-division-turns-around
  3. Business - Companies - FOOD

    Itochu links with CP Pokphand in cross-share deal for Asia push

    Posted Jul 25th 2014, 01:35am by BLOOM

    ... Bloomberg in Tokyo and Bangkok Itochu, CP Pokphand in share deal for Asia push Itochu, Japan's third-largest trading company, has agreed to a business tie-up with Thai agricultural group Charoen Pokphand as they seek to expand food supply in Asia. Itochu will buy a HK$6.6 billion stake in Hong Kong-based unit CP Pokphand and the Thai company will take 102.4 billion yen ...

    http://www.scmp.com/business/companies/article/1558522/itochu-links-cp-pokphand-cross-share-deal-asia-push
  4. Business - Banking & Finance - CURRENCIES

    Australia plays catch-up in yuan business as deal with China nears

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Reuters Australia plays catch-up in yuan business as deal nears Opportunities for Australian companies to participate in the burgeoning yuan market are expected to increase as the country ... banks not only make cross-border yuan payments more timely and convenient, but increase the awareness of yuan usage among local companies and help yuan deposits to accumulate in a country. China ...

    http://www.scmp.com/business/banking-finance/article/1558526/australia-plays-catch-yuan-business-deal-china-nears
  5. Business - Money - EQUITIES

    Not too late to buy into mainland rally, says investor Mark Mobius

    Posted Jul 26th 2014, 01:39am by BLOOM

    ... favours state-owned banks and energy companies because of their cheap valuations and the government's plans to open up state-dominated industries. An extension of the rally would give ... in an interview. "If you look at the valuations of SOEs, you'll see that they are very cheap." Even after the advance, the gauge of mainland companies listed in Hong Kong, known as H shares, ...

    http://www.scmp.com/business/money/markets-investing/article/1559347/not-too-late-buy-mainland-rally-says-investor-mark
  6. News - Hong Kong - POLITICS

    Robert Chow Yung: There is another voice in Hong Kong

    Posted Jul 28th 2014, 05:56am by NG KANG-CHUNG

    ... within six years. In 1984, he rejoined the newspaper business as editor-in-chief of the Hongkong Standard. He left in the early '90s to start the Hong Kong Transit Publishing Company, which ...   Robert Chow Age: 64 Career highlights: 1970 News editor, The Star 1980 Chief information officer, ICAC 1984 Editor-in-chief, Hongkong Standard 1991 Founded Hong Kong Transit Publishing Company ...

    http://www.scmp.com/news/hong-kong/article/1560652/robert-chow-yung-there-another-voice-hong-kong
  7. News - Hong Kong - FOOD SAFETY

    McDonald’s Hong Kong to face probe over meat imports from rotten food plant

    Posted Jul 25th 2014, 11:45pm by Michael de Waal-Montgomery and Danny Lee

    ... fast-food chains, including McDonald's, Pizza Hut, Yoshinoya and Burger King had all passed as safe. However, it said it had sealed off 59 tonnes of Husi Food Company products imported from the mainland- all of which were from McDonald's. McDonald's has acknowledged it imported raw meat from a scandal-hit Shanghai Husi Food Company plant that has been found to have reprocessed ...

    http://www.scmp.com/news/hong-kong/article/1559413/its-time-full-truth-meat-scandal-mcdonalds-told
  8. Business - Companies - MANAGEMENT

    Tradition and training key to Swire Pacific's future profits

    Posted Jul 28th 2014, 04:26am by NICK EDWARDS

    ... The future matters a lot in a company that is pushing 200 years old- an anniversary it celebrates in 2016- and focused on "old economy" businesses. "Real businesses- things you can ... Businesses that have a real component to them are the things that suit us best and the long-term orientation we have as a company," he says. Adding, of course, that there are plenty ...

    http://www.scmp.com/business/companies/article/1560755/tradition-and-training-key-swire-pacifics-future-profits
  9. Business - China Business - ENERGY

    Clean water access offers flood of business opportunities

    Posted Jul 28th 2014, 04:26am by Benjamin Robertson

    ... sufficiently to avert future water shocks. Companies can play a major role by discovering new technologies and business solutions that cut water usage, said analysts, while a carrot-and-stick approach ... offering a flood of business opportunities for related firms. Beijing is also rolling out a tiered payment structure so heavier users pay more. It has threatened fines and censorship on companies ...

    http://www.scmp.com/business/china-business/article/1560683/clean-water-access-offers-flood-business-opportunities
  10. News - World - TECHNOLOGY

    Access to iPhone data not a back door for spies, Apple says

    Posted Jul 27th 2014, 06:27am by Reuters

    ... previously unpublicised techniques by Apple employees, the company has acknowledged. The same techniques to circumvent backup encryption could be used by law enforcement or others with access ... is able to access this limited diagnostic data," Apple said. But Apple also posted its first descriptions of the tools on its own website, and Zdziarski and others who spoke with the company ...

    http://www.scmp.com/news/world/article/1559994/access-iphone-data-not-back-door-spies-apple-says

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