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  • August 28, 2014
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  1. Comment - Insight & Opinion

    BRICS development bank should challenge the Washington Consensus

    Posted Aug 25th 2014, 01:05pm by ANDY XIE

    ... to be effective. The World Bank and the IMF are UN-affiliated organisations, and virtually all UN members are shareholders. The BRICS bank and fund have five members and can't establish regular, ...

    http://www.scmp.com/comment/article/1580523/brics-development-bank-should-challenge-washington-consensus
  2. Business - Companies - THE VIEW

    Can Alibaba overcome the 'China syndrome' with its US IPO?

    Posted Jul 21st 2014, 03:18am by Peter Guy

    ... or unqualified audit, which represents what auditors call a "fair and true" view of the company's accounts. The mainland affiliates of the Big Four global accounting firms have been ... from sending staff to audit mainland companies. So investors will be completely at the mercy of mainland auditors for the credibility of their audited financial statements of Alibaba. Since ...

    http://www.scmp.com/business/companies/article/1556889/can-alibaba-overcome-china-syndrome-its-us-ipo
  3. News - Asia - ANALYSIS: FLIGHT MH17

    Will Malaysia Airlines recover from disaster? Here are 5 companies which never did

    Posted Jul 22nd 2014, 04:30pm by James Griffiths

    ... it remains to be seen whether Malaysia’s main airline can weather two catastrophes in quick succession, it would not be unprecedented for a company to go under after a disaster. 1846: British and American Steam Navigation Company A rival to the Great Western Steamship Company, which operated the first regular transatlantic steamer service from 1838 until 1846, British and American Steam ...

    http://www.scmp.com/news/asia/article/1556978/will-malaysia-airlines-recover-twin-air-disasters-here-are-5-companies
  4. News - China - EDUCATION

    More Chinese high school students heading for US

    Posted Aug 17th 2014, 06:24am by AP

    ... Keith Hernandez, vice president of the consulting company Duewest Education, also cautions that a US high-school education might not help Chinese students get into top US universities. ... of an old school and opened the new Princeton International School of Mathematics and Science- kilometres away from Princeton University- in a partnership with the High School Affiliated to Renmin ...

    http://www.scmp.com/news/china/article/1575072/more-chinese-high-school-students-heading-us
  5. Business - Commodities - ENERGY

    Brazil and Japan to team up on offshore oil project

    Posted Jul 21st 2014, 03:18am by AFP

    ... in the project to develop the field off Brazil. Petrobras, Brazil's government-affiliated oil company, aims to start production by 2020 at the field, which is estimated to hold more than 50 billion ...

    http://www.scmp.com/business/commodities/article/1556926/brazil-and-japan-team-offshore-oil-project
  6. Business - Companies - TECHNOLOGY

    Two Chinese firms among potential bidders for Singapore’s Stats ChipPac

    Posted Aug 28th 2014, 03:36pm by Reuters

    ... Reuters in Singapore Two Chinese firms are among companies that have approached Stats ChipPac about acquiring it, the Singapore provider of technology services said on Thursday. Stats ... as possible bidders. The Singapore company, which provides semiconductor packaging design and assembly solutions, had said in May that it had been approached by some companies but had not identified ...

    http://www.scmp.com/business/companies/article/1581438/two-chinese-firms-among-potential-bidders-singapores-stats
  7. Business - Companies - EARNINGS

    China Agri-Industries issues profit warning after losing HK$374m in July

    Posted Aug 27th 2014, 01:42pm by Jeanny Yu

    ... ballooned last month. The company, controlled by state-backed conglomerate Cofco, recorded a net loss of HK$374 million in July, after losing HK$290 million in the first half. In an exchange filing, the firm said it faced “loss-making pressure for the second half of 2014”, after a drastic decline in soybean prices in July. The company had purchased the commodity at higher prices in the first ...

    http://www.scmp.com/business/companies/article/1581124/china-agri-industries-issues-profit-warning-after-losing-hk374m
  8. Comment

    Is the golden age over for multinationals in China?

    Posted Aug 28th 2014, 05:26pm by EDWARD TSE, PAUL PAN

    ... Edward Tse and Paul Pan Edward Tse and Paul Pan say multinationals' experience in China varies, depending on the sector and the company's ability to adapt. Some are thriving, notwithstanding the antitrust crackdown Golden moments Multinational corporations are in the spotlight these days. Recently, the Chinese government has accused a number of foreign companies of violating ...

    http://www.scmp.com/comment/article/1581467/golden-age-over-multinationals-china
  9. News - Asia - JAPAN

    More Japanese women freeze eggs and put their careers first

    Posted Aug 03rd 2014, 06:14am by KYODO

    ... their eggs frozen. It costs about 700,000 yen (HK$5,080) to preserve 10 frozen eggs a year, including the cost of collecting the eggs from an affiliated hospital. An additional fee of around 10,000 ... a family as she thought "getting pregnant would be a handicap" for her at the male-dominated company she works for. But since her husband wants their baby, she thought about preserving ...

    http://www.scmp.com/news/asia/article/1565166/more-japanese-women-freeze-eggs-and-put-their-careers-first
  10. Business - Companies - INVESTMENT

    KKR buys stake in China's biggest chicken producer

    Posted Aug 28th 2014, 05:03am by BLOOM

    ... largest chicken breeder and processor for about US$400 million. KKR will buy 18 per cent of Fujian Sunner Development, the Chinese company said in a statement. It said the firms will form ... a Shanghai unit of OSI, a US company, prompted McDonald's to pull some items from its restaurants in China. Fujian Sunner said it aims to ensure quality by controlling all stages of production, ...

    http://www.scmp.com/business/companies/article/1581316/kkr-buys-stake-chinas-biggest-chicken-producer

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