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  • July 13, 2014
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  1. Business - Economy - ECONOMY

    China eases credit flow to fight slowdown

    Posted Jun 13th 2014, 05:57am by Victoria Ruan

    ... Mainland eases credit flow to fight slowdown The mainland authorities appear to have boosted credit supply amid slowdown fears, with data showing yesterday that banks extended more loans last month ... rose 13.4 per cent from a year earlier, faster than the 13.2 per cent gain in April. The increase in credit, although still moderate, comes on the heels of the government asking banks to step ...

    http://www.scmp.com/business/economy/article/1531105/china-eases-credit-flow-fight-slowdown
  2. News - World - SPACE

    Nasa duo plans faster-than-light starship called Enterprise- of course

    Posted Jun 19th 2014, 10:29pm by WASHPOST

    ... The Washington Post Nasa duo's Enterprise 'will break speed of light' Harold White, an engineer and physicist at US space agency Nasa, announced a few years ago that he was working on a potentially groundbreaking idea that could allow space ...

    http://www.scmp.com/news/world/article/1536321/nasa-duo-plans-faster-light-starship-called-enterprise-course
  3. Sport - Hong Kong - CYCLING

    Cheung King-lok credits endurance training for double gold

    Posted Jan 12th 2014, 12:24am by CHAN KIN-WA

    ... Chan Kin-wa kinwa.chan@scmp.com Young Hong Kong ace wins men's points and individual pursuit finals to boost medal haul Cheung credits stamina training for double gold Cheung King-lok ... although it could have been four when a protest from Sarah Lee Wai-sze in the women's sprint final was overruled. Three gold medals are a bonus, but of course I would try my best ...

    http://www.scmp.com/sport/hong-kong/article/1403413/cheung-king-lok-credits-endurance-training-double-gold
  4. Sport - Golf

    Ryo Ishikawa hopes victory in Hokkaido can revive his career

    Posted Jul 07th 2014, 11:30pm by AFP

    ... off the course in endorsements than on it. My swing was where I wanted it and I put the ball where I wanted to. I hit some world-class shots when I needed to Ryo Ishikawa Victory ... it and I put the ball where I wanted to. I hit some world-class shots when I needed to." Ishikawa, known for his trademark bubblegum pink shirts, credited countryman Hideki Matsuyama, also 22, ...

    http://www.scmp.com/sport/golf/article/1549142/ryo-ishikawa-hopes-victory-hokkaido-can-revive-his-career
  5. Business - Commodities

    Time to end use of commodities for credit in China

    Posted Jun 09th 2014, 03:29am by Reuters

    ... Clyde Russell Concern over possible abuses in the shadow banking system may prompt crackdown Time to end use of commodities for credit in China The mad dash by banks and traders to see who owns what metal inventories at Qingdao port should help bring a swift, and much-needed, end to the practice of using commodities for credit. For the past few years, one of the known unknowns ...

    http://www.scmp.com/business/commodities/article/1528226/time-end-use-commodities-credit-china
  6. Business - Economy - CREDIT RATINGS

    Standard & Poor’s hikes Ireland’s credit rating, maintains negative outlook for Italy

    Posted Jun 07th 2014, 02:21pm by Agence France-Presse in Dublin

    ... languishes in negativity Standard & Poor’s on Friday revised up Ireland’s sovereign credit rating to ‘A-’ with a positive outlook from its previous ‘BBB+’ assessment, citing the eurozone member’s improved domestic prospects. In contrast, the ratings agency held Italy’s credit rating at ‘BBB’, which is two notches above junk level, and maintained its negative outlook. “The upgrade reflects ...

    http://www.scmp.com/business/economy/article/1527378/standard-poors-hikes-irelands-credit-rating-maintains-negative
  7. Business - Commodities - ENERGY

    Deutsche Bank lends US$1b in Japan solar gold rush

    Posted Jul 09th 2014, 05:19am by Bloomberg

    ... golf course north of Tokyo to be operated by a unit of Spain's Gestamp Renewables Corp. Japan may add the most solar power capacity in the world this year as a two-year-old incentive ... in Japan's northern Miyagi prefecture raised about one billion yen in funding through the sale of notes that carried either an A-minus or A rating from Japan Credit Rating Agency, documents from ...

    http://www.scmp.com/business/commodities/article/1549940/deutsche-bank-lends-us1b-japan-solar-gold-rush
  8. Business - Comment - MONEY MATTERS

    BAIC's showpiece IPO reveals much about the true state of SOE reform

    Posted Jul 12th 2014, 12:32am by Shirley Yam

    ... now will cost the carmaker many millions of dollars given the lower valuation; but political credit is never too expensive. When reform itself has little substance or has made negligible ... in if it gives you no say? Of course, everyone knows the issue. There are endless "seminars" to discuss the reform (they don't call them meetings now because the new leadership said ...

    http://www.scmp.com/business/article/1552373/baics-showpiece-ipo-reveals-much-about-true-state-soe-reform
  9. Business - Money

    Truant school kids jet off to the sun- with their own credit cards

    Posted Jan 26th 2014, 04:30pm by Anna Healy Fenton

    ... shortened their lovely holiday. If I was the parent of one of these 16-year old lovebirds who bought HK$40,000-worth of air tickets and a five star hotel stay with a credit card I’d trusted them ...   Call me old fashioned but… I would take a very dim view of everyone involved, starting with myself. For trusting them with a credit card and not putting a sensible limit on it. I’d be even ...

    http://www.scmp.com/business/money/wealth/article/1414187/truant-school-kids-jet-sun-their-own-credit-cards
  10. News - Asia - SOUTH KOREA

    Data from more than 100 million South Korean credit cards and accounts stolen

    Posted Jan 22nd 2014, 03:28pm by Reuters

    ... providers in what is expected to be the first of multiple litigations. “Of course I’m angry. Anyone might know when I pay my credit card bills, let alone my phone number and where I live. I might ... Reuters in Seoul Credit card and account details reportedly include those of President Park Geun-hye and UN chief Ban Ki-moon The theft of personal information from more than 100 million ...

    http://www.scmp.com/news/asia/article/1411070/data-more-100-million-south-korean-credit-cards-and-accounts-stolen

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