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  • August 23, 2014
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  1. 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
  2. Business - China Business

    Credit crackdown seen as limiting China's growth

    Posted Jan 09th 2014, 01:27am by BLOOM

    ... Bloomberg in Beijing Credit crackdown seen as limiting mainland growth New credit on the mainland probably fell by a record in the second half of last year amid a crackdown on speculative ... financing. "Their focus is more about containing debt growth," said Yao Wei, China economist at Societe Generale. "Sometime over the course of 2014 they will realise the slowdown, ...

    http://www.scmp.com/business/economy/article/1401045/credit-crackdown-seen-limiting-chinas-growth
  3. News - World - GERMANY

    Trial begins for German policeman accused of 'cannibal' killing

    Posted Aug 23rd 2014, 01:20am by AFP

    ... Agence France-Presse in Dresden First course in 'cannibal' murder trial A German police officer went on trial yesterday accused of murdering a willing victim he met on a website for cannibalism fetishists so he could make a grisly pornographic home video. In a macabre case that has captured global attention, prosecutors said Detlev Guenzel, 56, killed Polish-born Wojciech ...

    http://www.scmp.com/news/world/article/1579659/trial-begins-german-policeman-accused-cannibal-killing
  4. Magazines - 48hrs - FOOD & WINE

    Food review: the beef at Holytan Grill is superb

    Posted Aug 20th 2014, 11:21pm by Susan Jung

    ... menu is a really good deal at HK$1,280 plus 10 per cent for an appetiser, soup, main course (with a HK$500 supplement if you have the Kobe beef), and dessert. Cons: don’t come here unless you like beef — because that’s all that’s offered for the main course. The special appetiser of turban shell clam (HK$238) had a bitter flavour. What else? The entrance is actually on Stanley ...

    http://www.scmp.com/magazines/48hrs/article/1576859/food-review-beef-holytan-grill-superb
  5. Business - Commodities - industry

    Beijing faces battle to rein in overcapacity and reform industries

    Posted Aug 20th 2014, 01:34am by Eric Ng

    ... conflict of interest between local governments and the central government … the reform process will be a very long one." Beijing recently asked banks to apply "differential credit policies" when lending to sectors beset with overcapacity by only supporting viable firms. This was part of a directive made public last Thursday by the State Council on credit-easing policies ...

    http://www.scmp.com/business/commodities/article/1577202/beijing-faces-battle-rein-overcapacity-and-reform-industries
  6. News - Asia - FLIGHT MH17

    Malaysia falls silent as remains of MH17 dead arrive in Kuala Lumpur

    Posted Aug 22nd 2014, 10:54am by AP

    ... and prayers are with the families and friends of those who lost their lives. Today we stand with you, united as one." Najib claimed personal credit for negotiating a deal with pro-Russian ...

    http://www.scmp.com/news/asia/article/1579018/remains-mh17-dead-arrive-malaysia-national-day-mourning
  7. News - Hong Kong - EMERGENCY SERVICES

    Medical academy to offer training in disaster response

    Posted Aug 20th 2014, 04:14am by Emily Tsang

    ... will offer comprehensive courses to members of the public, medics, emergency relief workers and key government officials. Courses vary in length from weeks to months, and the academy hopes to train a total of 30,000 people over five years. Citizens who find themselves in a disaster "should know what is the best way to react rationally," Li said. "The course will teach them ...

    http://www.scmp.com/news/hong-kong/article/1577154/medical-academy-offer-training-disaster-response
  8. Business - Banking & Finance - EARNINGS

    Bank of China beats expectations with 11pc boost in first-half profit

    Posted Aug 20th 2014, 01:34am by DON WEINLAND

    ... at Bank of China, somewhat higher than expected by Qi. He attributed the rise to the increasing cost of credit. Bank of China executives much the same alluded to the higher costs of credit ...

    http://www.scmp.com/business/banking-finance/article/1577255/bank-china-beats-expectations-11pc-boost-first-half-profit
  9. Business - Money - INVESTMENT

    'Good news' shock may dampen bullish mood in equity market

    Posted Aug 23rd 2014, 01:06am by Reuters

    ... it takes" to prevent deflation, reboot credit growth and cut long-term unemployment, every disappointment in incoming data merely boosts market hopes of fresh monetary stimulus that lifts asset ...

    http://www.scmp.com/business/money/markets-investing/article/1579491/good-news-shock-may-dampen-bullish-mood-equity
  10. Comment - Insight & Opinion

    Debate on a universal pension highlights need for tax reform

    Posted Aug 23rd 2014, 02:41am by SCMP Editorial

    ... further talk of a universal pension scheme. We could, of course, close this chapter and pretend that the problem will go away. But the problem will simply be passed on to future generations. Our ...

    http://www.scmp.com/comment/insight-opinion/article/1579597/debate-universal-pension-highlights-need-tax-reform

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