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  • October 23, 2014
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  1. Property - International - SOUTH AFRICA

    Building fuels office glut in South Africa's financial hub

    Posted Sep 10th 2014, 04:43am by Bloomberg

    ... for properties under construction in Sandton, Africa's biggest financial district. More than 257,300 sq metres of commercial real estate were planned there in June, 73 per cent more than a year ... in the City of London financial district. The average asking rent per square foot in Manhattan is US$5.32, according to broker Knight Frank. Sandton, once a single 20-storey tower and a shopping mall, ...

    http://www.scmp.com/property/international/article/1588767/building-fuels-office-glut-south-africas-financial-hub
  2. Business - Banking & Finance - MR. SHANGKONG

    Will the dealmakers go to Shanghai's financial centre?

    Posted Oct 07th 2013, 12:00am by George Chen

    ... Will the dealmakers go to Shanghai's financial centre? How can Shanghai get ready to be a financial centre by 2020? We've talked about world-class infrastructure, freedom of capital flows, ... China's so-called Wall Street, into a true international financial centre. I am more interested in the inflow of dealmakers and financial industry stakeholders from all over the world. If you work ...

    http://www.scmp.com/business/banking-finance/article/1325941/will-dealmakers-go-shanghais-financial-centre
  3. Comment - Insight & Opinion - LEADER

    Protest must not mar Hong Kong's reputation as financial centre

    Posted Sep 27th 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial Protest must not mar our standing Hong Kong has a deserved reputation as one of the world's top financial centres. That status is due to be reinforced when the city ... and the decision is to be welcomed. It underlines our importance as an international financial centre to the country and the world, something that is too often taken for granted. That Beijing has entrusted ...

    http://www.scmp.com/comment/insight-opinion/article/1318581/protest-must-not-mar-hong-kongs-reputation-financial-centre
  4. Business - Companies - EARNINGS

    IBM hollowed out by ‘financial engineering’

    Posted Oct 23rd 2014, 09:53am by Reuters

    ... It is a company which did this after five to 10 years of following one of the most popular corporate strategies out there: prioritising financial engineering over investment, and giving primacy to living ... financial engineering. IBM is probably just early.” Lombard Odier has been critical of what it calls the GOSOBB strategy, as in Giving Out Stock Options and Buying them Back. While, under accounting ...

    http://www.scmp.com/business/companies/article/1622746/ibm-hollowed-out-financial-engineering
  5. Business - Companies - TECHNOLOGY

    NTT unveils Hong Kong's first 'financial data centre'

    Posted Jun 01st 2013, 12:00am by BIEN PEREZ

    ... the information technology services arm of Japanese firm Nippon Telegraph and Telephone, expects to buttress Hong Kong's position as an international financial centre with the opening yesterday ... "financial data centre" consisting of high-performance infrastructure designed to meet the requirements of financial services providers and information technology companies. The facility ...

    http://www.scmp.com/business/companies/article/1250933/ntt-unveils-citys-first-financial-data-centre
  6. Business - Economy - OCCUPY CENTRAL

    Occupy protests have hit credit-card spending, warns Financial Secretary John Tsang

    Posted Oct 20th 2014, 05:41am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Financial secretary says retail and catering industries in occupied areas are suffering Credit-cardspending hitby protests,Tsang warns Credit-card spending has plunged as major shopping areas are hit by Occupy protests, the financial secretary says. John Tsang Chun-wah did not provide statistics, but said the government had started to collect data ...

    http://www.scmp.com/business/economy/article/1620148/occupy-protests-have-hit-credit-card-spending-warns-financial
  7. News - Asia - SOUTH KOREA

    South Korea dismantles 'Christmas tree' tower at centre of row with North

    Posted Oct 23rd 2014, 03:59am by AP

    ... Associated Press in Seoul Lights out for controversial 'Christmas tree' tower South Korea said yesterday it had dismantled a Christmas tree-shaped tower near the border with North Korea which had previously been used for a seasonal lights show t ...

    http://www.scmp.com/news/asia/article/1622268/south-korea-dismantles-christmas-tree-tower-centre-row-north
  8. Business - China Business - WHITE COLLAR

    Mainland Chinese financial firms will be through train’s biggest winners

    Posted Oct 20th 2014, 10:40am by Enoch Yiu

    ... stock through train scheme would be historic as it will be the first time overseas retail investors can trade in A shares. As such, the biggest winners would be financial firms on the mainland ... On the Hong Kong front, investors would need to prepare the yuan themselves to trade A shares. Again, the winner would be mainland banks such as Bank of China or other financial firms that have ...

    http://www.scmp.com/business/china-business/article/1620458/mainland-chinese-financial-firms-will-be-through-trains
  9. News - Hong Kong - ENVIRONMENT

    US architect's recycling centre plan may help solve Hong Kong's waste woes

    Posted Oct 20th 2014, 06:37am by CHEUNG CHI-FAI

    ... centre plan may solve landfill woes An award-winning American architect has proposed transforming some of the city's municipal services buildings and refuse collection points into multistorey recycling and community centres. Thomas Schmidt, a founding member of the American Institute of Architects Hong Kong, has drawn up a conceptual plan of a low-rise complex that could serve ...

    http://www.scmp.com/news/hong-kong/article/1620082/us-architects-recycling-centre-plan-may-help-solve-hong-kongs-waste
  10. Business - Economy - PROPERTY

    Shanghai named world's leading city for shopping centre construction

    Posted Oct 20th 2014, 01:58pm by Sandy Li

    ... centres Eight of the 10 busiest cities for shopping centre construction around the world are in China, according to property firm CBRE, which warns that Shenyang and Wuxi are at high risk of suffering from oversupply. In its latest Marketscore report, which focuses on the mainland's retail market, it said Shanghai was leading the world in building shopping centres, with 3.3 million ...

    http://www.scmp.com/business/economy/article/1620553/shenyang-and-wuxi-risk-oversupply-shopping-centres-warns-cbre

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