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  • October 24, 2014
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  1. News - Hong Kong

    Hong Kong firms expect to offer workers 4.5 per cent pay rise next year

    Posted Oct 23rd 2014, 02:40pm by Phila Siu

    ... Phila Siu phila.siu@scmp.com Hong Kong companies expect to offer their employees pay rises of up to 4.5 per cent next year, a recent survey has found. Salaries increased by between 4.2 per ... companies employing 80,347 people between July and September this year. The survey showed that companies expect to offer a raise of between 4 per cent and 4.4 per cent to operative staff and general ...

    http://www.scmp.com/news/hong-kong/article/1622928/hong-kong-firms-expect-offer-workers-45-cent-pay-rise-next-year
  2. News - Hong Kong - OCCUPY CENTRAL

    Protesters not sincere in ending impasse: mainland commentary

    Posted Oct 15th 2014, 04:07am by HUIFENG AND KC

    ... News Service-affiliated chinanews.com yesterday criticised the pro-democracy protesters for indulging in street politics and basking in the Western media spotlight. "Their behaviour has ...

    http://www.scmp.com/news/hong-kong/article/1616513/protesters-not-sincere-ending-impasse-mainland-commentary
  3. Business - Companies - FUNDRAISING

    Shanghai Tonva Petrochemical seeks to raise up to HK$537m in rights issue

    Posted Oct 23rd 2014, 09:56am by TIFFANY AP

    ... The mainland-incorporated company’s businesses include petrochemicals, road and bridge construction and logistics. The fundraising, which is subject to shareholders’ approval, would see up to 324 million domestic rights shares and up to 307.92 million H-share rights shares issued, with 4.5 shares offered for every 10 existing shares, the company said in a statement to the stock exchange. The company said ...

    http://www.scmp.com/business/companies/article/1622749/shanghai-tonva-petrochemical-seeks-raise-hk537m-rights-issue
  4. Business - Companies - RETAIL

    Luxury fashion brand Prada to simplify control structure

    Posted Oct 22nd 2014, 09:33am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Prada, the Italian group that owns fashion luxury labels Prada and Miu Miu, will merge its controlling holding company with its owner to simplify the group’s control structure, it said on Wednesday morning. Prada Holding, the controlling holding company with about 80 per cent of the shares, is in turn wholly owned by Gipafin Sàrl. The two ...

    http://www.scmp.com/business/companies/article/1621943/luxury-fashion-brand-prada-simplify-control-structure
  5. News - World - ISLAMIC MILITANCY

    UK grapples with delicate issue of returning jihadists

    Posted Oct 19th 2014, 09:43am by AFP

    ... himself went to Afghanistan in 2002 to join a group affiliated with Al-Qaeda before becoming disillusioned, says returning fighters could be an asset. “If we have a young man or a young girl ...

    http://www.scmp.com/news/world/article/1619820/uk-grapples-delicate-issue-returning-jihadists
  6. Business - China Business - AVIATION

    Tianjin leads China in plane leasing

    Posted Sep 22nd 2014, 04:28am by SIJIA JIANG

    ... affiliation with airlines or banks, ComSys started operating in Tianjin's DFTP in 2011 and had leased more than 30 aircraft to mainland airlines, company president Cheng Gang said. "During ... as the dominant hub for deals in the rapidly growing sector. An average of 15 aircraft were being delivered every month by leasing companies registered in the northern city's Dongjiang free-trade ...

    http://www.scmp.com/business/china-business/article/1597686/tianjin-leads-china-plane-leasing
  7. News - World - ISLAMIC MILITANCY

    New front in extremist conflict opens in Lebanon as Islamic State harasses border

    Posted Oct 19th 2014, 06:39am by AP

    ... in Lebanon. But along with Syria's al-Qaeda affiliate, the Nusra Front, it has established footholds in remote mountains along Lebanon's remote eastern border, from where it launches almost ...

    http://www.scmp.com/news/world/article/1619656/new-front-extremist-conflict-opens-lebanon-islamic-state-harasses-border
  8. News - China Insider - MILITARY

    Chinese media tie military’s singing celebrities to graft probes

    Posted Sep 12th 2014, 10:46am by Patrick Boehler

    ... sources as well as company filings, the China Youth Daily said Su had used these connections within the military, in particular his relations with top military artists, to arrange shady business ... Beida Jade Bird Group, a Beijing company where Su, according to company statements, served as executive vice president, had organised events for some of the PLA’s most renowned singers, ...

    http://www.scmp.com/news/china-insider/article/1590716/mainland-media-tie-chinese-militarys-singing-celebrities-graft
  9. News - Hong Kong - POLITICS

    Protesters reoccupy road after clashes in Admiralty

    Posted Oct 15th 2014, 12:51am by Gary Cheung, Amy Nip, Timmy Sung and Danny Lee

    ... to topple the Hong Kong government. A commentary in a news portal affiliated with China News Service said US diplomats and intelligence officials in Hong Kong had helped plan the protests. Reuters ...

    http://www.scmp.com/news/hong-kong/article/1616599/beijing-prepared-worst-it-expects-hk-pro-democracy-protests-drag
  10. Business - Companies - COMMENT

    IBM hollowed out by ‘financial engineering’

    Posted Oct 23rd 2014, 09:53am by Reuters

    ... James Saft Technology company's spending on financial engineering has left it a shadow of its former self IBM hollowed out due to rampant share buybacks IBM's woes ... of investment in the future, something which, as a technology company, is promised to no one. During that period IBM spent more than US$108 billion on share buybacks and an additional US$30 billion ...

    http://www.scmp.com/business/companies/article/1622746/ibm-hollowed-out-financial-engineering

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