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  • October 31, 2014
  • Last updated: 11:46pm
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  1. Business - China Business - RAILWAYS

    CNR, CSR merger likely to rattle global competition

    Posted Oct 29th 2014, 05:57am by Toh Han Shih

    ... cent in five years. Their overseas market share has already been growing quickly. In the first half of this year, CSR's overseas revenue leapt 125 per cent to 4.57 billion yuan (HK$5.79 ... from 9 per cent in the first half of this year. The cumulative total of CNR's export contracts jumped 178.2 per cent to US$1.54 billion in the first half, according to its interim report. ...

    http://www.scmp.com/business/china-business/article/1627139/cnr-csr-merger-likely-rattle-global-competition
  2. Business - Economy - FINANCIAL MARKETS

    Asia stocks dip after Fed ends QE

    Posted Oct 30th 2014, 09:18am by Reuters

    ... dollar, which tumbled on a softening stance over future interest rate increases by the Reserve Bank of New Zealand. New Zealand’s central bank held its benchmark rate at a five-and-a-half year ... the announcement. The kiwi has slid about 10 per cent against the US dollar from its three-and-a-half year high in mid-July. ...

    http://www.scmp.com/business/economy/article/1628053/asia-stocks-dip-after-fed-ends-qe
  3. Business - Economy - EMPLOYMENT

    Outlook improving for white-collar jobs in Asia, recruitment agency says

    Posted Oct 29th 2014, 10:41pm by Benjamin Robertson

    ... more stringent compliance and regulatory requirements. It is the latest upbeat jobs report to be issued by recruitment companies in recent months. Nearly half (47.8 per cent) of 240 companies in the city polled in an August survey by rival recruitment firm Hudson said they planned to increase headcount in the second half of 2014 to take advantage of the city's improving economy. ...

    http://www.scmp.com/news/article/1627814/outlook-improving-white-collar-jobs-asia-recruitment-agency-says
  4. Business - Banking & Finance - BANKING

    Higher bad-loan rates tipped for Bank of China and Agricultural Bank

    Posted Oct 30th 2014, 01:00pm by DON WEINLAND

    ... the second half of the year. Industrial and Commercial Bank of China drove home worries on Wednesday over sharp increases in bad debt when it reported that its non-performing loans had jumped 9.2 per ... for the quarter, to 1.13 per cent from 1.04 per cent in the first half. The jump was attributed to the completion of its acquisition of 72 per cent of Brazilian bank Banco Industrial e Comercial in August ...

    http://www.scmp.com/business/banking-finance/article/1628150/higher-bad-loan-rates-tipped-bank-china-and-agricultural
  5. News - China - MEDICINE

    More than 2,000 Chinese pharmacy students caught cheating in licensing exam: state media

    Posted Oct 27th 2014, 03:02pm

    ... the test in the province. One of the pharmacists caught cheating told state media half of test takers at one exam centre were wearing the same earpiece. “I don’t know why but some were not caught,” ... just 4,000 licensed pharmacists – not enough to staff 8,500 pharmacies and medicine wholesale firms across the province. But the licensing test, consisting of seven separate two-and-a-half hour ...

    http://www.scmp.com/news/china/article/1625776/more-2000-pharmacy-students-cheated-licensing-exam-state-media-report
  6. News - Hong Kong - OCCUPY CENTRAL

    Occupy threatens city's growth, warn Norman Chan and Joseph Yam

    Posted Oct 30th 2014, 04:13am by Peter So, Alan Yu and Phila Siu

    ... More than half the city's bus routes were either suspended or diverted at the peak of the protests and as of Tuesday, 40 per cent of routes were still affected. Meanwhile, the Alliance ...

    http://www.scmp.com/news/hong-kong/article/1627833/occupy-threatens-citys-growth-warn-norman-chan-and-joseph-yam
  7. Business - Money - DERIVATIVES

    Metal investors head for the exit amid slowdown

    Posted Oct 31st 2014, 06:04am by Bloomberg

    ... growth in the second half. "People are worried about a global slowdown," Kinsey said. "It's been a long, sad story. I don't think we're out of the woods yet." ...

    http://www.scmp.com/business/money/markets-investing/article/1628449/metal-investors-head-exit-amid-slowdown
  8. News - China - Ebola virus

    China to send elite army unit to help fight Ebola in Liberia

    Posted Oct 31st 2014, 04:55pm by Reuters in Beijing

    ... it.” China said in July that more than half its foreign aid of over US$14 billion went to Africa. In comparison, the United States spent about US$46 billion in fiscal next year on foreign aid ...

    http://www.scmp.com/news/china/article/1629123/china-send-elite-army-unit-help-fight-ebola-liberia
  9. Sport - Rugby - INTERNATIONALS

    Former Wallaby Nick Cummins lines up for Barbarians against Australia

    Posted Oct 30th 2014, 12:33am by AP

    ... Kellock. Colin Slade is at fly half after being overlooked by New Zealand for their northern hemisphere tour. The Barbarians last game was a 39-29 win over a youthful England side in June. ...

    http://www.scmp.com/sport/rugby/article/1627889/former-wallaby-nick-cummins-lines-barbarians-against-australia
  10. News - World - SECURITY

    FBI net closing on 'Edward Snowden-style' leaker of terror watch-lists

    Posted Oct 29th 2014, 11:01pm by Staff Reporter

    ... with espionage and theft of government property after allegedly leaking documents from the US National Security Agency. The latest leaked documents, which apparently reveal that almost half the people ...

    http://www.scmp.com/news/world/article/1627815/fbi-net-closing-edward-snowden-style-leaker-terror-watch-lists

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