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  • October 25, 2014
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  1. Business - Companies - RETAIL

    Luxury fashion brand Prada to simplify control structure

    Posted Oct 22nd 2014, 09:33am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Prada, the Italian group that owns fashion luxury labels Prada and Miu Miu, will merge its controlling holding company with its owner to simplify the group’s control structure, it said on Wednesday morning. Prada Holding, the controlling holding company with about 80 per cent of the shares, is in turn wholly owned by Gipafin Sàrl. The two ...

  2. Business - Companies - ACQUISITION

    Baidu buys control of Brazilian online discounter Peixe Urbano

    Posted Oct 10th 2014, 10:50am by Reuters

    ... Reuters in Sao Paulo China’s Baidu, the world’s No 2 internet search engine, has bought control of Brazilian online-discount company Peixe Urbano for an undisclosed sum, the latest step ... expansion is a priority for Baidu and, as part of that strategy, Brazil stands out as a key market Johnson Hu, Baidu The purchase of Peixe Urbano’s controlling stake will help Baidu expand ...

  3. Business - Banking & Finance

    China regulator revises internal control guidelines for banks

    Posted Sep 29th 2014, 03:58am by Reuters

    ... Reuters in Beijing Mainland banks told to improve controls The mainland's banking regulator has issued revised internal control guidelines for banks to ensure that appropriate risk management controls are adopted, while increasing penalties for any violations, the regulator said yesterday. The China Banking Regulatory Commission said in a notice published on its website ...

  4. Business - Companies - THE VIEW

    The grey area of corruption in the business world

    Posted Oct 23rd 2014, 06:25am by Stephen Vines

    ... sliding out of control. But where exactly do you draw the line? This question is complicated by the fact that in doing business you also form relationships that turn into friendships, or at least ... relationships should be strictly controlled but human nature tends to make all these relationships wide-ranging so erecting barriers is not easy. The net result is a number of grey areas that can ...

  5. Business - Commodities - MINING

    China's grip on rare earths supply loosens as more overseas mines start

    Posted Oct 23rd 2014, 05:45am by Eric Ng

    ... the mainland's supply was increasingly constrained by tighter enforcement of illegal mining. "In recent years, legal output volumes have grown modestly … but with strengthened control on illegal activities, the actual supply will gradually fall," he said. Legal output has been controlled at about 9.3 million tonnes between 2011 and last year, while export quotas were set at just above ...

  6. Business - Money - MONEY MATTERS

    Through train stock scheme just waiting on the driver

    Posted Oct 25th 2014, 05:01am by Shirley Yam

    ... the control, the lower the uncertainty and therefore the lower political risk for those making the decision. But, isn't clarity the best way to mitigate uncertainty? Lay out all the rules ...

  7. Business - Companies

    Hapag-Lloyd helmsman charts a new course in Asia

    Posted Oct 25th 2014, 03:41am by JING YANG

    ... on foreign companies providing inland waterway transport. If Hapag-Lloyd were to enter the market, it needs to find a homegrown partner with a controlling stake. "From a Chinese company point ...

  8. Business - Commodities - MINING

    Mynanmar emerges as new tin frontier as Indonesia loses ground

    Posted Oct 23rd 2014, 06:25am by Bloomberg

    ... standards in Indonesia for the packaging, labelling, size and shape of tin exports to further tighten controls over shipments. Exports from Southeast Asia's largest economy, which shipped ...

  9. Business - Commodities - OIL & GAS

    Plunge in crude oil prices hit China stockpiles

    Posted Oct 22nd 2014, 05:28am by Bloomberg

    ... Bloomberg in New Delhi and Hong Kong Mainland refineries are facing a triple blow to earnings with the steep drop adding to slowing economic growth and state control on prices Plunge ... price drop is adding up to a triple blow for earnings prospects up to the end of the year for companies already beset by slowing economic growth and state controls on prices. UOB Kay Hian has ...

  10. Business - Economy - MACROSCOPE

    Great reform hopes riding on new emerging-market leaders

    Posted Oct 24th 2014, 04:19am by NICHOLAS SPIRO

    ... his reformist credentials by ending state-controlled diesel subsidies and raising natural gas prices. Much more comprehensive reform of the energy sector has already been undertaken ...




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