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  • October 25, 2014
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  1. News - China - TRANSPORT

    Guangzhou taxi drivers strike over licence fees, black cabs

    Posted Oct 16th 2014, 04:53am by He Huifeng

    ... drivers strike over fees, black cabs Taxi drivers in Guangzhou went on strike yesterday as the Canton Fair opened, with some claiming that more than two-thirds of the city's cabbies had joined the industrial action. Drivers said they were calling on the authorities to cut monthly licence fees, crack down on unlicensed taxis and reverse plans to allow more taxis in the city. ...

    http://www.scmp.com/news/china/article/1617274/guangzhou-taxi-drivers-strike-over-licence-fees-black-cabs
  2. News - Hong Kong - COURTS

    HK$3m fee for Hui should have been taxed, says Kwok

    Posted Oct 09th 2014, 04:02am by Stuart Lau

    ... should've declared HK$3m fee Sun Hung Kai Properties co-chairman Thomas Kwok Ping-kwong yesterday challenged evidence given by fellow defendant Rafael Hui Si-yan, the former chief secretary he allegedly bribed. Kwok disagreed with Hui, who told their graft trial his failure to make a tax declaration for a HK$3 million secret fee from Kwok in 2003 was a result of the tycoon's ...

    http://www.scmp.com/news/hong-kong/article/1612411/hk3m-fee-hui-should-have-been-taxed-says-kwok
  3. Business - Commodities - MARKETS

    LME to increase transaction fees as it eyes Asia expansion

    Posted Sep 30th 2014, 04:32am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com The commodities exchange is planning to raise its fees by 34pc next year as parent HKEx supports its growth into mainland China and Asia LME to increase transaction fees as it eyes expansion London Metal Exchange will increase its average transaction fees by 34 per cent in January as its first step to turn itself into a profit-making company, a move ...

    http://www.scmp.com/business/commodities/article/1604236/lme-increase-transaction-fees-it-eyes-asia-expansion
  4. Lifestyle - Family & Education

    Fat school fees no guarantee for top results

    Posted Sep 29th 2014, 05:44pm by Karen Pittar

    ... Karen Pittar life@scmp.com Fat fees for elite schools no guarantee of results Australian lawyer and businessman David Gillespie grew up in Brisbane and was educated at one ... surprised him most was that many factors parents assume to be important in schooling mattered very little. Chief among these assumptions is that high fees equalled a superior education. Wealthy ...

    http://www.scmp.com/lifestyle/family-education/article/1603972/fat-school-fees-no-guarantee-top-results
  5. Business - Companies - UNDERWRITING

    Underwriting banks rake in US$300m windfall on fees for Alibaba IPO

    Posted Sep 22nd 2014, 10:11am by Reuters, Bloomberg

    ... greenshoe option to sell an additional 48 million American depositary shares, Alibaba said yesterday. The fees are equivalent to 1.2 per cent of the total deal, with Alibaba paying US$121.8 million ... Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan Chase and Morgan Stanley each took home 15.7 per cent of the fees- or US$47.16 million- while Citigroup's share represented 7.9 per ...

    http://www.scmp.com/business/companies/article/1597852/alibaba-issues-more-shares-raise-ipo-size-us25b-report-says
  6. News - Hong Kong - COURTS

    Rafael Hui admits in corruption trial that he evaded taxes on 'fees'

    Posted Sep 20th 2014, 04:37am by Stuart Lau

    ... Stuart Lau stuart.lau@scmp.com Former chief secretary says he didn't report the money Kwoks paid him allegedly for information Rafael Hui admits evading taxes Rafael Hui Si-yan admitted in court yesterday that he had evaded taxes on income totalling ...

    http://www.scmp.com/news/hong-kong/article/1596408/rafael-hui-admits-corruption-trial-he-evaded-taxes-bribes
  7. News - Hong Kong - COURTS

    Thomas Kwok didn't want siblings to know of higher fee, Rafael Hui tells trial

    Posted Sep 19th 2014, 04:05am by Stuart Lau

    ... Stuart Lau stuart.lau@scmp.com Don't let brothers know, Hui told on fee One of the three Kwok brothers of Sun Hung Kai Properties asked Rafael Hui Si-yan not to tell the two siblings ... a year, at a time when his eldest brother, Walter Kwok Ping-sheung, was chairman of SHKP. Hui started work in the summer of 2003. Despite the high fee, however, SHKP management did not follow ...

    http://www.scmp.com/news/hong-kong/article/1595613/thomas-kwok-didnt-want-siblings-know-higher-fee-rafael-hui-tells
  8. News - China Insider - Anti-corruption

    Ex-Guangzhou vice mayor paid mistress HK$17 million in ‘break-up fees’

    Posted Sep 18th 2014, 06:48pm by Chen Yifei

    ... student. Even after their relationship ended, he helped her immigrate to an unspecified country, and paid her twice – HK$8 million and HK$9 million – as “break-up fees”. It also unveiled Cao’s ...

    http://www.scmp.com/news/china-insider/article/1595435/ex-guangzhou-vice-mayor-paid-mistress-hk17-million-break-fees
  9. Business - Comment - WHITE COLLAR

    Low-fee funds not high on pensions list

    Posted Jun 11th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com It would be better if MPF authority caps charges as employees prefer chasing better performers Low-fee funds not high on pensions list Everyone likes a bargain. And if we extend this truism to the thorny issue of fees for our retirement schemes, then perhaps we should be thankful that our pension regulator is trying to bring in rules to lower MPF ...

    http://www.scmp.com/business/article/1258066/low-fee-funds-not-high-pensions-list
  10. News - Hong Kong - HOUSING

    No rush for bargain flats on Lantau with sky-high management fees

    Posted Aug 28th 2014, 04:56am by FANNY FUNG

    ... on Lantau No rush for bargain homes with high fees Only about a third of applicants given top priority to buy bargain government flats in Tai O showed up to choose a home on the first day of sales after it emerged buyers would face management fees higher than those at some plush private developments. Of 45 potential buyers invited to pick one of the 85 flats at Tin Lee Court on the first ...

    http://www.scmp.com/news/hong-kong/article/1581244/no-rush-bargain-flats-lantau-sky-high-management-fees

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