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  • October 26, 2014
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  1. CSG eyes fixed-asset splurge

    Posted Oct 26th 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com China Southern Power Grid (CSG), the smaller of China's two regional monopoly power distributors, said its investment in fixed assets would top 500 ... or debt obligations, to finance the construction of grid networks, which are currently unable to support the amount of power China produces. Earlier this year, CSG was given approval to issue ...

  2. Business - Commodities - ENERGY

    CLP Power and China Southern Power buy Exxon Mobil's power plant stakes

    Posted Nov 20th 2013, 02:55am by Anita Lam and Denise Tsang

    ... Kong- will jump from 40 per cent to 70 per cent. CSG will hold the remaining 30 per cent. CLP vice-chairwoman Betty Yuen So Siu-mai said it was a natural commercial decision to bring CSG ... Kong's biggest electricity provider, CLP Power, and state-owned China Southern Power Grid (CSG), will each pay HK$12 billion to acquire Exxon Mobil's 60 per cent stake in Castle Peak Power ...

  3. Comment - Insight & Opinion - LEADER

    Energy importation plan can be made to work

    Posted May 07th 2014, 03:37am by SCMP Editorial

    ... and China Southern Power Grid. Of Daya Bay's reliability there is little doubt. Quarter-owned by Hong Kong-listed CLP Holdings, it has been providing electricity to our city for two decades. But CSG does not have as solid a record of supply reliability as local power producers CLP and Hongkong Electric, raising concerns about reputation and business attractiveness should it be added ...

  4. Business - Companies - ACQUISITIONS

    Deal boosts CLP's options for China

    Posted Nov 20th 2013, 02:55am by Denise Tsang

    ... Denise Tsang denise.tsang@scmp.com With HK$12b outlay for joint stake in Capco, analysts say HK power producer could use the CSG alliance for cross-border opportunities Deal boosts CLP's options for mainland The mega deal that electricity utility CLP Holdings and state-owned China Southern Power Grid (CSG) struck yesterday knits the power markets of Hong Kong ...

  5. Business - Banking & Finance - BONDS

    Central banks cut US Treasuries holdings

    Posted Oct 25th 2014, 05:01am by Reuters

    ... Reuters in New York Central banks cut US Treasuries holdings Foreign central banks have slashed their holdings of US Treasuries at the Federal Reserve to their lowest level since May, Fed data showed. Analysts said the decline in US government bond holdings probably stemmed from a combination of factors including booking profits on the recent rally in Treasuries and the US ...

  6. Sport - Golf

    Scott Hend holds firm as Adam Groom grabs share of Macau Open lead

    Posted Oct 24th 2014, 11:28pm by Alvin Sallay

    ... Alvin Sallay in Macau Hend and Groom share halfway lead "Catch me if you can" was the unspoken challenge from defending champion Scott Hend as he ruled the roost at lunchtime and Adam Groom responded to take a share of the lead at the halfway ma ...

  7. Business - Money

    Chart of the day: The low to hold?

    Posted Oct 24th 2014, 04:19am by Nicole Elliott

    ... Nicole Elliott Chart of the day: The low to hold? It tends to do this: falls out of bed and then takes a while to steady up, a bit like all of us really. For a fourth consecutive week the Australian dollar is holding above US$0.8650, January's low, and might be forming a weekly rounded bottom- and a double bottom for the year. Early days yet, and as this lies ahead of the lower ...

  8. News - World - GREECE

    Greece holds fresh hopes of return from Britain of the Parthenon marbles

    Posted Oct 16th 2014, 09:32pm by AP

    ... Associated Press in Athens Fresh hopes for return of treasures After more than a century of fruitless lobbying, Greece is pinning its hopes of reclaiming the ancient Parthenon sculptures from Britain on mediation by the UN cultural agency and a touch of H ...

  9. Business - China Business - FUNDRAISING

    Agile Property Holdings cuts rights issue to HK$1.65b

    Posted Oct 16th 2014, 11:24am by Peggy Sito, Sophie Yu

    ... Peggy Sito and Sophie Yu Troubled developer reduces size of cash call from HK$2.8 billion as 'missing' director of Yunnan project adds to gloom over company Agile cuts rights issue to HK$1.65b Agile Property Holdings yesterday announced a reduced rights issue to raise funds from a wary market amid signs that the Communist Party's top anti-corruption agency ...

  10. Sport - Golf

    Martin Kaymer holds off Bubba Watson to win PGA Grand Slam of Golf

    Posted Oct 16th 2014, 10:23am by Reuters

    ... Reuters US Open champion Martin Kaymer sank an eight-foot birdie putt at the first extra hole to beat Bubba Watson in the four-man PGA Grand Slam of Golf in Bermuda on Wednesday. Ten days after a blowout singles win over Watson on the final day of the Ryd ...




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