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  • August 23, 2014
  • Last updated: 8:17am
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  1. Business - China Business

    Global cruise liners target China market

    Posted Aug 21st 2014, 01:28am by AP

    ... financial centre. It is a gutsy move for the world’s second-biggest cruise company. Cruise operators have traditionally sent older vessels to developing countries but surging growth in China means ... a critical role to the global cruise industry’s development,” said Zinan Liu, Royal Caribbean Cruises’ managing director for China.  While companies are salivating over the growth potential ...

  2. Business - Economy

    June machinery orders rebound 8.8pc in Japan but outlook looks bleak

    Posted Aug 15th 2014, 01:09am by Reuters

    ... Reuters in Tokyo Weak exports and industrial production cloud outlook for capital spending Machinery orders rebound in Japan Japan's core machinery orders rose for the first time in three months in June after a record plunge in May, but weak exports and industrial production cloud the outlook for the capital spending needed to sustain economic growth. The highly volatile ...

  3. Lifestyle - Arts & Culture

    In the age of CGI, veteran animated filmmaker Neco Lo Che-ying still holds out hope for local industry

    Posted Jul 27th 2014, 12:31pm by Mathew Scott

    ... across screens in constant motion as Lo recounts the days when he first entered the animation industry. "It seems hard to imagine now," the 53-year-old says, "but we really had no computers. We did it all by hand- and it took a very long time. New technology means you can make your own animation with just one PC or a Mac- and it allows more people to enter the industry ...

  4. Business - Companies - ACQUISITIONS

    Fosun acquires 20pc of Ironshore for US$463.83m as it continues insurance push

    Posted Aug 18th 2014, 10:04am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Shanghai-based Fosun International has stepped up its investment in the global insurance industry with the announcement that it is acquiring a 20 per cent ... that the huge debt that has been financing its overseas deals is hurting the Hong Kong-listed firm’s financial strength. Not all Fosun’s deals have borne fruit. Last week, Gaillon Invest, an investment ...

  5. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... The more, the merrier." President Martin Lau Chi-ping said the online financial services market was a new industry segment which the regulator wanted to better understand. He described mobile ... Bien Perez bien.perez@scmp.com Mainland's largest listed internet company pledges to work with central bank to ensure online financial services are better regulated Tencent backs push ...

  6. Business - Banking & Finance

    Cash pile mitigates liquidity worries in US bond market

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... once interest rates rise. Simple mathematics suggests there is little need to worry. While fund assets have almost doubled since the financial crisis, their size as a portion of US mutual funds ... said ICI, the industry's trade association. The enthusiasm for bonds has raised the risk that a sudden jump in yields could cause a flood of redemptions and magnify losses, according ...

  7. Business - China Business

    Network carriers' subsidy cuts hit Apple and Samsung in China

    Posted Aug 18th 2014, 04:01am by Bloomberg

    ... is cutting subsidies by US$2 billion in a sign the industry is less willing to pay for expensive devices like the iPhone and Galaxy S. That may accelerate growth for Chinese makers Xiaomi and Lenovo ... investors supported the move, with shares rising to the highest in six years yesterday in Hong Kong trading. Lowering subsidies should be positive for profit, chief financial officer Xue Taohai said ...

  8. Business - Comment - LAI SEE

    Efforts to airbrush out Zhou Yongkang struggle at lift-off

    Posted Aug 22nd 2014, 01:17am by Howard Winn

    ... hi-tech industries in Silicon Valley have few women top executives, according to Bloomberg. For an example as to how to achieve this, they need look no further than Alibaba Group; it has nine ... by women at Alibaba include chief financial officer Maggie Wu and chief people officer Lucy Peng. The latter, we can confirm, is in charge of the human resources office, and is responsible ...

  9. Property - Hong Kong & China - C-SUITE

    Hysan's Lau Siu-chuen remains optimistic despite challenges

    Posted Aug 20th 2014, 05:21am by Yvonne Liu

    ... was the group's acting chief financial officer in 1999. After his spell as the group's finance head, Lau served as a management consultant at McKinsey & Co, a consumer analyst at Morgan Stanley ... to continue. With his deep experience in and knowledge of the retail industry, he has guided Hysan towards strategies aimed at coping with the changes unfolding in the market. What made you feel ...

  10. News - China Digest

    The Post's daily China news round-up- July 28, 2014

    Posted Jul 28th 2014, 07:34am

    ... fortunes |Source: Financial Times Returned Myanmar tell of 'atrocious' working conditions in China |Source: Mizzima China’s woollen appetite crucial to Australia's industry |Source: ... is an invention that should be freely copied |Source: Financial Times Did the New York Times get Alibaba excluded from private bank pilot? |Source: Forbes Why Chinese collectors are ‘borrowing’ their own ...




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