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  • July 28, 2014
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  1. 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
  2. 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
  3. 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
  4. News - Asia - INDONESIA

    Indonesia presidential candidate Joko Widodo announces plan to allow foreigners to buy property

    Posted Jul 04th 2014, 10:39pm by BLOOM

    ... evaporate in a race that survey company Roy Morgan says is "too close to call". The property idea, which is not in Widodo's published policy manifestos, may be a political gamble ...

    http://www.scmp.com/news/asia/article/1547000/indonesia-presidential-candidate-joko-widodo-announces-plan-allow
  5. Coal prices hold key to power companies

    Posted Sep 01st 2008, 12:00am by Amanda Lee

    ... Amanda Lee Times will get tougher for China's power sector before there is any prospect of an improvement in earnings, according to analysts. Power companies blamed higher coal prices, fuel costs and state-determined tariffs for reducing their earnings. 'How well each company does will depend on their ability to attain supplies of coal at contracted prices,' ...

    http://www.scmp.com/article/651000/coal-prices-hold-key-power-companies
  6. Sport - Tennis

    10 years since Maria Sharapova announced her arrival to the world

    Posted Jun 21st 2014, 11:17pm by AFP

    ... Dave James Russian still full of fight a decade after her first Wimbledon triumph 10 years since Sharapova announced her arrival to the world Ten years ago, Maria Sharapova routed Serena ... and richest sportswoman, comfortably coining around US$30 million last year from earnings, off court and on. You know, at that stage you're 17 years old and of course you think it was a great ...

    http://www.scmp.com/sport/tennis/article/1537798/sharapova-still-contender-10-years-after-her-first-wimbledon-title
  7. Business - Companies - RETAILING

    Prada shares sold off on earnings slide for first quarter

    Posted Jun 07th 2014, 01:13am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Prada shares sold off on earnings slide for quarter Shares of luxury retailer Prada fell 6 per cent, the largest drop in nearly two years, after delivering ... Wholesale turnover fell 25 per cent as the company withdraws from department stores to improve its image. "Europe, Hong Kong, Korea, and Singapore were all hit by subdued Chinese tourists, ...

    http://www.scmp.com/business/companies/article/1527015/prada-shares-sold-earnings-slide-first-quarter
  8. News - China - FOOD SAFETY

    Half of mainland consumers no longer trust Western fast-food companies after scandal

    Posted Jul 22nd 2014, 06:02pm by Cece Zhang cece.zhang@scmp.com

    ... dine at the restaurants run by the Western companies. Sina shangai online poll China’s food safety agency has announced a nationwide investigation into processing factories and meat suppliers ... was allegedly sold to the Western companies Exactly half of all the Chinese consumers who took part in an online poll today say they no longer trust Western fast-food companies following the new scandal ...

    http://www.scmp.com/news/china/article/1557214/half-mainland-consumers-no-longer-trust-western-fast-food-companies-after
  9. News - China - DIPLOMACY

    Bad apples in Africa: Chinese traders' and companies' behaviour worries envoy

    Posted Jul 14th 2014, 04:25am by Mimi Lau

    ... Mimi Lau in Guangzhou mimi.lau@scmp.com China's reputation being tarnished across continent by the behaviour of some Chinese nationals and companies, ambassador to Tanzania says Africa envoy frets about bad apples The "bad habits" of Chinese traders and companies were among the main challenges to the nation's image in Africa, according to ambassador ...

    http://www.scmp.com/news/china/article/1553617/bad-apples-africa-chinese-traders-and-companies-behaviour-worries-envoy
  10. Business - China Business - REGULATION

    China tightens tax noose on companies with overseas assets

    Posted Jul 07th 2014, 05:26am by Toh Han Shih

    ... has announced a new regulation designed to improve the central government's tax collection from overseas mainland companies, including those controlled in Hong Kong. On Thursday, the State Administration of Taxation announced a new rule that required greater disclosure by mainland companies of their overseas investments and income. The new regulation will take effect ...

    http://www.scmp.com/business/china-business/article/1548279/china-tightens-tax-noose-companies-overseas-assets

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