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  • July 25, 2014
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  1. Business - Money

    Bank of East Asia FY profit jumps 39pc

    Posted Feb 26th 2013, 02:16pm by by SCMP.com staff

    ... SCMP staff Bank of East Asia, Hong Kong’s largest locally-owned bank, said 2012 net attributable profit rose to HK$6.1 billion, up 39 per cent on the HK$4.5 billion net profit in 2011. Analysts had expected a more modest rise of about 20 per cent. ...

  2. Business - Banking & Finance - EARNINGS

    Bank of East Asia profit soars to HK$6.1b

    Posted Feb 26th 2013, 02:36pm

    ... Bank of East Asia (BEA), Hong Kong’s largest locally-owned bank, said net attributable profit last year rose to HK$6.1 billion, up 39 per cent on the HK$4.5 billion net profit in 2011. Analysts had expected a more modest rise of about 20 per cent. BEA, which is controlled by the family of David Li Kwok-po, said its net interest income rose by HK$461 million, or 5 per cent, ...

  3. Business - Banking & Finance

    One-off items take Bank of East Asia to record profit

    Posted Feb 27th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Total loans jump 11.2pc but mortgage business shrinks on cooling measures One-off items take BEA profit to a record Bank of East Asia said net profit last year rose 39 per cent from 2011 to HK$6.06 billion - a record for the third consecutive year. But the surge came mainly from a one-off fair-value gain from financial instruments and trading profit, ...

  4. Business - Banking & Finance - BANKING

    Unscathed Bank of East Asia to kick off earnings season

    Posted Feb 24th 2013, 12:00am by Jeanny Yu

    ... Bank of East Asia (BEA) launches the reporting season for banks in Hong Kong on Tuesday, and the city’s biggest locally-owned bank has arguably had a better year than some of its bigger ... shrewd investor”, and would not pay too high a price for any acquisition. “They’ve always been interested in Bank of East Asia because of its network and its potential in China,” Tse told South ...

  5. Comment - Insight & Opinion

    Hong Kong can lead East Asia in meeting ageing population challenge

    Posted Feb 24th 2013, 12:00am by Philip Bowring

    ... throughout East Asia? That applies as much to the mainland as anywhere: ending the one-child policy will make scant difference to the fertility rate because urbanisation will have a counterbalancing ... and inter-generational health of East Asia. It's time for our top officials to show some "superior intelligence". Philip Bowring is a Hong Kong-based journalist and commentator ...

  6. Property - Comment - BRICKS & MORTAR

    Cooling measures in Asia spur capital flows to the West

    Posted May 27th 2014, 01:34am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com German cities emerge as targets for investors in the region, reflecting nation's economic strength Cooling measures in Asia spur capital flows ... their capital from East to West, fuelling strong growth in international real estate investment in Britain, France, the United States and Australia. Data from property consultant JLL shows that Asian ...

  7. Lifestyle - Arts & Culture - REVIEW

    Xu Bing's Asia Society retrospective demonstrates conceptual thinking

    Posted Jul 22nd 2014, 10:39am by John Batten

    ... John Batten It Begins with Metamorphosis Asia Society Until August 31 This mini-retrospective at the Asia Society is the brainchild of one of China's most cerebral and challenging artists, Xu Bing. Curator Koon Yeewan has set the tone of the exhibition by selecting a range of mostly recent artworks displaying the conceptual development of Xu's ideas and his innovative ...

  8. Comment - Insight & Opinion

    The major power shift at play in East Asia must not end in war

    Posted Feb 01st 2013, 12:00am by YOON YOUNG-KWAN

    ... Yoon Young-kwan says the parallels between today's East Asia and volatile 19th-century Europe should persuade leaders to redouble efforts for peace Whether East Asia ... of the key variables influencing East Asia's security environment in the years ahead. America's foreign policy will be another key factor. If it pursues a predominantly confrontational ...

  9. News - Asia - DIPLOMACY

    Lack of trust clouds strategies of China, Japan and the US in East Asia

    Posted Jan 30th 2013, 12:00am by Chow Chung-Yan

    ... Chow Chung-yan chungyan.chow@scmp.com A lack of trust and understanding cloud the diplomatic strategies of the big three players in East Asia – China, Japan and the United States A place ... on international history and politics, said the root of the problem, as it was 100 years ago, is the lack of trust and understanding between the major players. The three key players in East Asia - China, ...

  10. News - Hong Kong - ELECTRICITY

    Overhead power cable blamed for power outage that hit thousands in East Kowloon

    Posted Jul 09th 2014, 04:12am by Ernest Kao

    ... Ernest Kao ernest.kao@scmp.com Investigation into power cut that left thousands in dark on Monday night Damaged cable caused outage in East Kowloon Damage to an overhead power line plunged thousands of East Kowloon residents into darkness for up to an hour on Monday. Supplier CLP Power, which frequently boasts of a "99.999 per cent" reliability rate, apologised yesterday ...




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