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  • September 30, 2014
  • Last updated: 2:01pm
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  1. New World TMT loses round in battle with US affiliate

    Posted Jul 22nd 2004, 12:00am by Michael Logan

    ... Michael Logan and Hui Yuk-min New World TMT has lost an early round in its legal battle with a 30 per cent-owned United States affiliate, after failing to gain control of more than US$340 ... of the company's contracts with PrediWave. According to court documents, the legal dispute began with a May 3 letter by New World TMT demanding return of all money invested in PrediWave and cancellation ...

  2. Comment - Insight & Opinion - LEADER

    Party affiliation would help chief executive

    Posted Sep 08th 2014, 03:46am by SCMP Editorial

    ... SCMP Editorial Party affiliation would help CE Former chief executive Tung Chee-hwa has not been in the headlines for years. Ever since he resigned in 2005, he conscientiously kept a low ... remarks are expected to trigger a wider debate on the need to further develop party politics in Hong Kong. At present, the chief executive is barred from having any party affiliation, even though ...

  3. SOE staff barred from owning shares in affiliates

    Posted Oct 09th 2008, 12:00am by Eric Ng

    ... Eric Ng Beijing has banned employees and managers of state-owned enterprises from holding shares in related companies other than their direct employers, a move to clamp down on the loss ... in the subsidiaries and affiliates of their employers within a year or resign from their posts, the State-owned Assets Supervision and Administration Commission (Sasac) said yesterday. Staff are also barred ...

  4. Chen affiliates likely to gain from victory

    Posted Mar 23rd 2004, 12:00am by Ben Kwok

    ... Ben Kwok Companies that supported Chen Shui-bian will probably fare better than those linked to defeated Kuomintang candidate Lien Chan in the aftermath of the elections. Leading ... ABN Amro analyst Eddie Wong said. He said KMT-affiliated stocks included textile manufacturer Ruentex Industries, food manufacturer Uni-President, Taiwan Glass, China Television and Hsinchu ...

  5. Citic Bank pays HK$13.6b for stake in affiliate

    Posted May 11th 2009, 12:00am by Staff Reporter

    ... Chi-kin resigned as chairman and director of Citic Pacific last month along with managing director Henry Fan Hung-ling after police raided the company's offices as part of a probe ...

  6. News - Hong Kong - OCCUPY CENTRAL

    From students to company bosses, Hongkongers show support for Occupy Central

    Posted Sep 30th 2014, 04:06am by Phila Siu, Joyce Ng, TIMMY SUNG, TONY CHEUNG AND CHRIS LAU

    ... the protest. "It's up to you whether you come to work of not. The company will not punish anyone who supports something more important than work," Spencer Wong, chief executive of advertising company McCann Worldgroup Hong Kong, said in a message to his staff. Pupils and teachers from at least 31 secondary schools walked out of classes yesterday, according to student group ...

  7. Business - China Business

    China Three Gorges subsidiary banned from World Bank projects

    Posted Sep 26th 2014, 02:51pm by Toh Han Shih

    ... and Southeast Asia, the multilateral lender announced on September 24. The World Bank banned CWE and its affiliates following an investigation by the World Bank’s Integrity Vice Presidency (INT) into allegations of sanctionable practices involving the company in a hydropower project in Africa and a roads project in Southeast Asia. The countries were not identified. The investigation found that CWE ...

  8. Business - Banking & Finance

    Bitcoin breaking into mainstream with companies and consumers

    Posted Sep 26th 2014, 05:09am by Bloomberg

    ... on public television. "Why bitcoin?" she said. "Because I want to have options. I think it's a beautiful thing open to everyone." Fons has company. People worldwide have ... are attracting consumers to bitcoin. The currency is less volatile. New apps and digital wallets make using it easier. And mainstream companies- more than 75,000, according to payment services Coinbase ...

  9. News - World - CUBA

    Cuban company markets Che Guevara and Hugo Chavez colognes

    Posted Sep 25th 2014, 09:02pm by AP

    ... for Labiofam. Formulated by a French company and produced in Cuba, the colognes are featured at a Labiofam convention in Havana. The scents so far have generic bottles and simple labels bearing only ... Robertet worked for more than a year to produce the colognes. The Cuban company polled 122 visitors to pharmaceutical conventions to determine what names people preferred. "It was a great ...

  10. Business - Banking & Finance - BANKING

    China’s Evergrowing Bank hit by 4b yuan credit product default

    Posted Sep 12th 2014, 02:40pm by Reuters

    ... million yuan of interest payments under off-balance-sheet products issued by one of its shareholders and an affiliated company, the paper said on its website. That sum accounted for 57.8 per cent ... paid 2.7 billion yuan in two tranches. The products were due to be repaid by the shareholder and the affiliated company at the end of August. Currently, it was unclear where the 3.7 billion ...




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