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  • October 20, 2014
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  1. Business - Economy - CHINA

    Decline in foreign reserves fuels talk of outflows in China

    Posted Oct 17th 2014, 05:07am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com New loans rebound as Beijing loosens credit conditions to spur output and investment Decline in foreign reserves fuels talk of China outflows A rare decline in the mainland's foreign-exchange reserves has triggered speculation about capital outflows, while a rebound in new yuan loans extended by mainland banks suggests ...

  2. Business - Commodities - ENERGY

    China's top power equipment makers look to clean energy to fuel growth

    Posted Oct 13th 2014, 04:13am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Three big equipment makers see lower profits as demand for fossil-fuel-powered electricity falls amid tighter restrictions and high prices Firms look to clean power for growth Firms making power-generating equipment are looking to clean energy for growth as fossil-fuel-powered electricity loses favour on the mainland because of tighter project ...

  3. Opportunities in China pharma market fuel SciClone's growth and expansion

    Posted Oct 08th 2014, 04:14pm

    ... Reports by Mia Daughenbaugh, Krystin Chu, Christina Liedke, Jessica Ryan and Yujia Wen The global pharmaceutical industry is evolving dramatically. China's pharmaceutical market growth is outpacing traditional markets in the United States and Europe. ...

  4. Business - Banking & Finance - FINANCING

    Secretive loans fuel soccer transfers despite Uefa clampdown

    Posted Oct 02nd 2014, 05:40am by Bloomberg

    ... Bloomberg in Madrid Soccer transfers get secretive loans despite clampdown Soccer's transfer market is getting an extra kick from offshore lending, even as the sport's European ruling body Uefa tries to restrict record spending. Vibrac, a closel ...

  5. News - World

    Heirs to Rockefeller oil wealth join push to divest from fossil fuels

    Posted Sep 23rd 2014, 04:44am by Reuters, THE WASHINGTON POST

    ... Reuters and The Washington Post Rockefeller heirs join push to divest from fossil fuels The Rockefeller family, which made their vast fortune in the oil industry, plans to divest a total of US$50 billion from fossil fuel investments. The Rockefellers will be joined by charities and other wealthy individuals. "There is a moral imperative to preserve a healthy planet," said ...

  6. Business - China Business - CARS

    Formula E racing debut fuels China's electric hopes

    Posted Sep 22nd 2014, 04:28am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Electric motor racing event in Beijing draws interest, but technological barriers remain Formula E fuels China's electric hopes The Beijing debut of Formula E, the first motor racing series for electric vehicles, provided an eye-catching showcase for alternative technology but analysts say it will take time before green cars ...

  7. Business - Commodities - ENERGY

    Beijing cuts fuel prices as global glut weighs on crude values

    Posted Sep 17th 2014, 11:51am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com The central government has cut domestic fuel prices by less than 2 per cent from Wednesday, in the fourth consecutive reduction since late July, as global crude ... has been cut to 9,260 a tonne. Diesel prices have been cut by 1.6 per cent to 8,520 a tonne in the nation’s capital. Fuel prices vary by region on the mainland. The one-month futures of Brent ...

  8. King Stone eyes fivefold capacity boost

    Posted Mar 02nd 2010, 12:00am by Eric Ng

    ... Eric Ng King Stone Energy Group, a chemical and optical products maker diversifying into coal mining, plans to grow its coal output capacity fivefold by developing existing mines and through acquisitions. The company aims to spend 452.9 million yuan (HK$5 ...

  9. Business - Commodities - DISPOSALS

    Investors dump Sinopec shares on fuel unit deal

    Posted Sep 16th 2014, 03:23am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Concerns grow over whether the 25 buyers can bring value to the convenience-store operations Investors dump Sinopec shares on fuel unit pact China Petroleum & Chemical (Sinopec) saw its shares drop 6.8 per cent yesterday after it agreed to sell 30 per cent of its fuel distribution unit to 25 investors for 107 billion yuan (HK$135 billion) since ...

  10. Business - Economy - ECONOMY

    Weaker mainland China industrial output fuels regional pessimism

    Posted Sep 16th 2014, 03:23am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Industrial output growth at six-year low, throwing into doubt the annual GDP target of 7.5pc unless Beijing introduces further monetary easing Weaker mainland output fuels regional pessimism Pessimism dominated regional markets yesterday, with stocks, commodities and the yuan tumbling after the mainland reported its weakest ...




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