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  • August 28, 2014
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  1. Business - Money - EQUITIES

    Telstra announces A$1 billion share buy-back as net profit jumps 14pc

    Posted Aug 15th 2014, 01:09am by Reuters

    ... Reuters in Sydney Telstra announces A$1b buy-back of shares Telstra, Australia's largest telephone company, said it would buy back A$1 billion (HK$7.2 billion) in shares and also ... and earnings before interest, taxes, depreciation and amortisation for the current financial year to be flat because it would not include earnings from Hong Kong mobile business CSL. Telstra sold its ...

    http://www.scmp.com/business/money/markets-investing/article/1573804/telstra-announces-a1-billion-share-buy-back-net
  2. Business - Money - FUNDRAISING

    Uni-President stock rallies despite earnings dive and cash call

    Posted Aug 12th 2014, 12:56am by Jasper Moiseiwitsch

    ... What happens when a company announces a fundraising on the back of a big drop in profit? In the case of noodle and beverage producer Uni-President China Holdings- a rising share price. ... to process but in the event, the impact was positive. The company's share price yesterday rose 4.09 per cent to HK$6.61. Analysts said the earnings results were in line with expectations ...

    http://www.scmp.com/business/money/markets-investing/article/1571590/uni-president-stock-rallies-despite-earnings-dive
  3. News - China Insider - GAMING

    Xiaomi announces partnership with Ouya to distribute video games in China

    Posted Aug 22nd 2014, 07:24pm by Jeremy Blum

    ... Jeremy Blum jeremy.blum@scmp.com Ouya's games will likely be available as digital downloads on Xiaomi's smart TV sets Ouya, a niche US video game company, has partnered with Xiaomi to bring its software to Chinese households via Xiaomi’s new content-streaming television boxes. The California-based company, best known for releasing a video game console in 2013 ...

    http://www.scmp.com/news/china-insider/article/1579392/xiaomi-announces-partnership-ouya-bring-streaming-video-games
  4. China Railway on track to acquire airport unit from parent company

    Posted May 19th 2010, 12:00am by Toh Han Shih

    ... the acquisition for approval by Beijing. Last December, China Railway announced its parent would acquire China Airport for free under a decision by the State-owned Assets Supervision and Administration ... cent to 283 billion yuan in April. Recently, China Railway won 69.22 billion yuan in orders, representing 20 per cent of its revenue last year, the company said on the website of the Shanghai ...

    http://www.scmp.com/article/714777/china-railway-track-acquire-airport-unit-parent-company
  5. Business - China Business - E-COMMERCE

    Anniversary promotion helps boost JD.com's second-quarter earnings

    Posted Aug 12th 2014, 12:56am by BIEN PEREZ

    ... Holdings is a major investor, to post second-quarter revenue of US$4.36 billion in its first earnings results announcement as a public company this Friday, before the market opens in the United ... company in 1998 by billionaire entrepreneur Richard Liu Qiangdong. "Other e-commerce providers also launched their own campaigns to counter that promotion, but JD was helped by mobile ...

    http://www.scmp.com/business/china-business/article/1571617/anniversary-promotion-helps-boost-jdcoms-second-quarter
  6. News - China Insider - EDUCATION

    Scandal-hit Li Yang announces plan to combine kung fu with ‘Crazy English’

    Posted Aug 18th 2014, 04:56pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com “Crazy English” founder Li Yang has announced plans to combine kung fu with language classes as he aims to make a comeback from a series of well-publicised ... is considering offering Chinese-language classes to foreigners and would charge a tuition fee of 30 yuan for every Chinese character learned, the paper added. The unorthodox educator announced last month ...

    http://www.scmp.com/news/china-insider/article/1576099/scandal-hit-li-yang-announces-plan-combine-kung-fu-crazy-english
  7. Business - China Business - EARNINGS

    Shareholders on alert over poor corporate earnings of 100 Hong Kong companies

    Posted Jan 27th 2014, 04:23am by Denise Tsang, Eric Ng

    ... year Shareholders have been put on alert over poor corporate earnings for last year, with a rash of warnings from Hong Kong-listed companies underscoring challenges as the mainland economy remains mired in its weakest growth in 14 years. Almost 100 companies have warned of either losing money or recording significant declines in profitability for last year, filings to Hong Kong ...

    http://www.scmp.com/business/china-business/article/1414442/profit-warnings-point-2013-being-another-bad-year
  8. News - World - ENTERTAINMENT

    Star Wars stars, new and old, out in Force as Episode 7 cast is announced

    Posted Apr 30th 2014, 11:12pm by AP

    ... to the have the largest part in the new film, with one report describing his role as "gigantic". The companies did not name the characters each of the new actors will play, though Driver, ... and both parts of Harry Potter and the Deathly Hallows. He's acted frequently on stage, earning a Tony nomination in 2006 for his performance in The Lieutenant of Inishmore. The British actor ...

    http://www.scmp.com/news/world/article/1501102/star-wars-stars-new-and-old-out-force-episode-7-cast-announced
  9. News - World - MEDICINE

    Britain announces project to map 100,000 DNA code sequences

    Posted Aug 01st 2014, 09:00pm by AFP

    ... complete DNA code sequences in a project that will make the country a world leader in genetic research on cancer and rare diseases, the prime minister said yesterday. David Cameron announced £300 ... up by Britain's Department of Health. The Californian DNA sequencing company Illumina, which won a contract to provide the technology for the project, will also invest about £162 million ...

    http://www.scmp.com/news/world/article/1564367/britain-announces-project-map-100000-dna-code-sequences
  10. Business - Companies - EARNINGS

    Sino Land's core earnings decline 24pc for year

    Posted Aug 28th 2014, 05:03am by Yvonne Liu

    ... by fall in core earnings Sino Land said yesterday its underlying profit slid 24.3 per cent to HK$5.02 billion for the year to June as the lack of completed new projects weighed on its results. ... property companies in Hong Kong. With the inclusion of investment property revaluation gains, net profit was HK$8.92 billion, down 23.66 per cent from HK$11.69 billion a year earlier. The result ...

    http://www.scmp.com/business/companies/article/1581321/sino-lands-core-earnings-decline-24pc-year

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