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  • July 29, 2014
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  1. Business - Commodities

    Bitten by the gold bug

    Posted May 10th 2013, 12:00am by Bloomberg

    ... Bloomberg John Paulson, who made billions in the 2007 US subprime mortgage crisis, is now losing huge sums after a wrong-way bet on the gold market Bitten by the gold bug On a conference ... hedge funds would have been up 15 per cent this year-- if only he had not owned gold stocks. The wishful computation of returns highlights the challenge for Paulson as he seeks to resurrect his ...

    http://www.scmp.com/business/commodities/article/1233987/bitten-gold-bug
  2. Sport - Rugby

    South Africa stun New Zealand to grab Commonwealth gold

    Posted Jul 28th 2014, 08:17am by AFP

    ... Agence France-Presse in Glasgow South Africa stunned four-time champions New Zealand with a nail-biting 17-12 final victory to seal Commonwealth Games rugby sevens gold at Ibrox Stadium ... all-conquering All Blacks. New Zealand, who were on a winning streak of 30 Commonwealth matches that stretched back to a Jonah Lomu-inspired side that won gold in the inaugural rugby sevens tournament ...

    http://www.scmp.com/sport/rugby/article/1560950/south-africa-stun-new-zealand-commonwealth-sevens-gold
  3. Lifestyle - Arts & Culture

    Turning junk into gold: Business booms for Hong Kong vintage goods collectors

    Posted Jul 28th 2014, 09:44am by Elaine Yau

    ... glass water cups; the glass shimmers with gold. These cups must have been made in the 1960s and 1970s as the technology was later banned after it was found to be toxic." Fung says his ...

    http://www.scmp.com/lifestyle/arts-culture/article/1559167/collectors-turn-their-passion-vintage-goods-thriving
  4. Sport - Hong Kong - LEFT FIELD ALVIN SALLAY

    Left Field: Pressure on Hong Kong team to bring home Asian Games gold

    Posted Jul 26th 2014, 09:29pm by ALVIN SALLAY

    ... Alvin Sallay Alvin.sallay@scmp.com Government expects investment in athletes to reap rewards such as winning more medals at Incheon in September Pressure on to bring home gold The magic number is eight. This is the crop of gold medals Hong Kong won at the Asian Games in Guangzhou four years ago. A lesser return from the Incheon Games starting in mid-September will be a failure. ...

    http://www.scmp.com/sport/hong-kong/article/1559942/left-field-pressure-hong-kong-team-bring-home-asian-games-gold
  5. Business - Commodities

    Hong Kong-to-China gold flow hits record high in 2012

    Posted Feb 05th 2013, 11:41pm

    ... Hong Kong’s net gold flow to mainland China jumped 47 per cent last year to a record high of 557.478 tonnes, indicating robust demand in China, which vies with India to be the world’s top gold consumer. Hong Kong shipped 114.372 tonnes of gold to China in December, also a record high for monthly exports. The city received 19.644 tonnes of gold from the mainland in that month. ...

    http://www.scmp.com/business/commodities/article/1144058/hong-kong-china-gold-flow-hits-record-high-2012
  6. News - China - ZIMBABWE

    Chinese man in possession of ivory, gold and 33,000 rounds of ammunition arrested in Zimbabwe

    Posted Jul 24th 2014, 04:36pm by Agence France-Presse in Harare

    ... Agence France-Presse in Harare Wongai Huo, aged 51, detained in Harare after police discover processed ivory, 3 kilograms of gold and 33,000 rounds of ammunition at his office in the Zimbabwean capital Zimbabwean police have arrested a Chinese man in possession of ivory, gold and large quantities of ammunition, a spokeswoman said on Wednesday. Wongai Huo, 51, was arrested ...

    http://www.scmp.com/news/world/article/1558220/chinese-man-possession-ivory-gold-and-33000-rounds-ammunition-arrested
  7. Business - Commodities

    Gold gains set to reverse as hedge funds cut bets on rally

    Posted Jul 22nd 2014, 12:29am by BLOOM

    ... Bloomberg in New York Money managers trim net-long positions as gold price rally snaps, but investors are still adding to holdings through ETPs backed by metal Gold's climb set to reverse as bets cut Hedge funds cut bets on a gold rally for the first time in six weeks as prices snapped the longest stretch of gains since August 2011. Money managers trimmed their net-long ...

    http://www.scmp.com/business/commodities/article/1557078/gold-gains-set-reverse-hedge-funds-cut-bets-rally
  8. News - World - FRANCE

    Gold-shop robber in Paris caught after shoot-out with police at Metro station

    Posted Jul 21st 2014, 04:51am by AFP

    ... Agence France-Presse in Paris Armed robber caught after Metro shoot-out A robber smashed into a rare-coin dealership in central Paris, made off with two trays of gold pieces ... left with two trays of gold pieces worth about €100,000 [HK$1.05 million]," Burgan said outside the boutique. The thief then fled into the nearby Grands Boulevards Metro station ...

    http://www.scmp.com/news/world/article/1556728/gold-shop-robber-paris-caught-after-shoot-out-police-metro-station
  9. Business - Economy - NORTH KOREAN ECONOMY

    Secretive and cash-starved North Korea quietly sells off gold: report

    Posted Sep 25th 2012, 10:16am by AFP

    ... Agence France-Presse in Seoul North Korea has been secretly selling gold to make up for shortages of hard currency after it spent millions of dollars on celebrating the 100th birthday of its founder, a news report said on Tuesday. The Chosun Ilbo daily quoted sources in China as saying that the impoverished communist state had cashed more than two tonnes of gold worth US$100 ...

    http://www.scmp.com/business/economy/article/1046765/secretive-and-cash-starved-north-korea-quietly-sells-gold-report
  10. Business - Money

    US guru: gold is sooo old, pay off the bricks and mortar... and do the paperwork

    Posted Aug 28th 2012, 03:21pm by Anna Healy Fenton

    ... It’s a ridiculous investment.” And she cautions, don’t go overboard on gold here. “Just be a little bit careful with commodities. They had a really great run, and then pulled back. And now ...

    http://www.scmp.com/business/money/wealth/article/1024477/us-guru-gold-sooo-old-pay-bricks-and-mortar-and-do-paperwork

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