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Results 1 - 10 of 625 for corruption

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  1. Business - Economy - JAKE'S VIEW

    Problem of corruption lies with a state economy

    Posted Sep 30th 2014, 04:32am by Jake Van Der Kamp

    ... Jake van der Kamp Public sector contracts are the leading source of corruption, not private firms, as China shows Problem of graft lies with state economy In one of the highest level prosecutions of a Communist Party official since China's corruption crackdown began 18 months ago, a former economic planner made an appeal for free markets as he admitted he took millions ...

    http://www.scmp.com/business/economy/article/1604128/problem-corruption-lies-state-economy
  2. Comment - Insight & Opinion - THE VIEW

    Transparency and strong rule of law are key to fighting corruption

    Posted Sep 15th 2014, 02:37pm by Cathy Holcombe

    ... Cathy Holcombe The same man leading the anti-corruption drive has initiated judiciary reforms, but it doesn't mean accused party bosses will get a fair trial Rule of law vs urge to purge Corruption is a drag on economic development as well as a cause of inequity, so it is perhaps not surprising that China's anti-corruption campaign seems to be getting a robust, ...

    http://www.scmp.com/comment/insight-opinion/article/1593084/transparent-and-strong-rule-law-are-key-fighting-corruption
  3. Business - Banking & Finance - UNITED KINGDOM

    UK fraud prosecutor seeks extra funds for Libor, other cases

    Posted Jan 31st 2014, 01:24pm by Reuters in London

    ... Reuters in London Britain's Serious Fraud Office is seeking additional funds as it faces a shortfall because of the costs of pursuing a number of high-profile cases Britain’s leading fraud prosecutor needs an extra 19 million pounds (HK$244 million) ...

    http://www.scmp.com/business/banking-finance/article/1417934/uk-fraud-prosecutor-seeks-extra-funds-libor-other-cases
  4. Business - Companies - LUXURY

    Vertu sees sustainable growth in China amid anti-corruption drive

    Posted Jul 09th 2014, 05:20am by BIEN PEREZ

    ... its biggest market, following the central government's corruption crackdown. "The government is not against luxury; it is against corruption, which is a good thing," Vertu chief ... to three years may have been inflated by those [corruption-linked] purchases, but that situation is no more. Business is continuing to grow at a slow rate, but this is more sustainable," said ...

    http://www.scmp.com/business/companies/article/1549935/vertu-sees-sustainable-growth-china-amid-anti-corruption-drive
  5. Business - China Business - CORRUPTION

    Multinationals in China on alert in wake of GSK case

    Posted Sep 23rd 2014, 05:18am by Toh Han Shih

    ... executives for corruption, multinationals are changing their behaviour and strategies in China, said industry observers. Last Friday, Chinese state media reported that a 3 billion yuan (HK$3.8 ... and corporate governance needs to be strictly adhered to. While some Western firms might have scoffed at the notion of anti-corruption efforts in China, following this ruling, there can be no doubt ...

    http://www.scmp.com/business/china-business/article/1598359/multinationals-china-alert-wake-gsk-case
  6. Business - China Business - EQUITIES

    China Resources Power drops after president’s departure amid graft probe

    Posted Sep 22nd 2014, 01:29pm by Eric Ng

    ... detention on corruption allegations, had been made permanent. The stock ended the morning session on Monday at HK$22.60, down from Friday’s close of HK$22.90. It shed 5.5 per cent to HK$21.65 soon ... reflects investors’ worries about other potential executives being caught up in Beijing’s anti-corruption campaign.” President Xi Jinping’s unprecedented anti-graft campaign has seen hundreds ...

    http://www.scmp.com/business/china-business/article/1597915/china-resources-power-drops-after-presidents-departure-amid
  7. Business - China Business

    China Three Gorges subsidiary banned from World Bank projects

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

    ... In February, Chinese government corruption inspectors passed onto the central government evidence of possible corruption and corporate governance problems at China Three Gorges. In March, China Three ...

    http://www.scmp.com/business/china-business/article/1600881/china-three-gorges-subsidiary-banned-world-bank-projects
  8. Business - China Business - POWER

    Beijing mulls further power reform

    Posted Sep 30th 2014, 04:32am by Eric Ng

    ... Songbin, an energy sector expert and managing director of Beijing-based consultancy Songlin Group. "With Beijing's anti-corruption campaign and state-owned enterprises reform gathering ... corruption. Zhu Changlin, head of the State Grid's regional subsidiary North China Grid, was taken away in May to assist investigations, the respected Caixin business magazine reported in May. ...

    http://www.scmp.com/business/china-business/article/1604210/beijing-mulls-further-power-reform
  9. Business - Companies - WEALTH

    Jack Ma displaces property tycoon to top China rich list

    Posted Sep 23rd 2014, 01:14pm by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com US dollar billionaires on mainland grows by 39 to 354 this year, though some have fallen foul of President Xi Jinping's corruption crackdown Jack Ma ... dollar billionaires on the mainland increasing by 39 to 354. However, some have fallen foul of President Xi Jinping's crackdown on corruption. Hurun said: "Eighteen of last year's ...

    http://www.scmp.com/business/companies/article/1598645/jack-ma-displaces-property-tycoon-rich-list
  10. Business - Companies - AVIATION

    Business jet slump fails to deter new players

    Posted Sep 29th 2014, 03:58am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Business jet clubs still being launched despite slowing economy and anti-graft campaign Jet slump fails to deter new players The crackdown on corruption may have already dented the mainland's already struggling private jet industry but that has not stopped new players entering the market with innovative business models. Warren ...

    http://www.scmp.com/business/companies/article/1603534/business-jet-slump-fails-deter-new-players

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