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  • October 22, 2014
  • Last updated: 8:42pm
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  1. Business - China Business - COMPANIES

    Chinese private equity firm drops ties with princeling

    Posted Oct 22nd 2014, 05:21am by Reuters

    ... private equity firm Nepoch Capital has erased its princeling backer He Jintao from the documents it shows investors after he was questioned in connection with a corruption investigation, sources have said. Nepoch's distancing from its co-founder, son of former Communist Party discipline chief He Guoqiang, was a direct result of his being questioned in May, said an investor ...

  2. Business - Commodities - COMMODITIES

    China shale gas ambition faces reality check

    Posted Oct 06th 2014, 04:10am by Eric Ng

    ... region," he was quoted as saying. "It's likely it will be smaller than originally envisaged." Shell in 2012 signed the mainland's first Sino-foreign contract to share the risk ... Wang Guoqiang, chairman of Beijing-based SPT Energy Group, which helped firms like PetroChina construct and drill wells, told the Post late last year that water shortage is not as big a concern ...

  3. Business - Economy

    China’s growth in ‘reasonable range’, Vice-Premier Zhang Gaoli tells Apec

    Posted Oct 22nd 2014, 12:51pm by Kwong Man-ki

    ... Zhang Gaoli “[Fiscal and financial policies] are determined not just for this year, but also next year and the year after,” he said. Zhang said Asia-Pacific countries were showing good growth momentum but risks remained. However, developed countries’ move to adjust their economic policies would put pressure on growth in emerging economies, he said, in an apparent reference to easier ...

  4. Business - Comment - LAI SEE

    CY says the poor can't vote as we need to protect the rich

    Posted Oct 22nd 2014, 05:21am by Howard Winn

    ... dominate Hong Kong." While he didn't actually say that, it amounted to the same. The Financial Times said that Leung warned of the dangers of populism and insisted the electoral system ... US$1,800 a month," he said in reference to the median per capita wage. "You would end up with that kind of politics and policies." God forbid that lower income groups should have ...

  5. Business - China Business

    Chinese fuel Australian mortgage demand

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

    ... last month, Mark Bouris said. The proportion of Chinese borrowers has doubled in the past year, he said. Australian lenders and property developers are gaining from surging demand from China, ... Brick Road's Chinese customers tend to borrow only about half of a property's value, paying the rest up front, he said. There have not been any signs of arrears building up ...

  6. News - World - ACCIDENT

    Criminal negligence suspected in Total oil giant CEO's Moscow crash death

    Posted Oct 21st 2014, 08:56am by AFP

    ... Total's activities around the world, De Margerie was also often mired in controversy as he led the group when it was embroiled in judicial woes, including the UN "oil-for-food" scandal. ... we will remember with the greatest warmth". In France, President Francois Hollande said he learnt of De Margerie's death with "shock and sadness", while Prime Minister ...

  7. Business - Companies - AVIATION

    Airbus Helicopters sees China, HK as biggest global market in 6 years

    Posted Oct 22nd 2014, 02:33pm by Reuters

    ... operators,” he added. China simplified flight approval procedures for private aircraft late last year, but the fledgling market for helicopters and small aircraft has been constrained by the military’s control of low altitude airspace. A dearth of small airports, maintenance facilities, mechanics and pilots have also hampered the sector’s growth. Ducrot said he expects demand ...

  8. Business - Money

    HK, China MOU sorts out market misconduct rules before through train

    Posted Oct 22nd 2014, 01:06pm by Enoch Yiu

    ... reality is that different standards apply on the mainland and in Hong Kong,” he said. This is both in terms of regulations and the rigor and depth of audits and due diligence in the respective ... community are fearful of increased political pressure which might cause the SFC to drop the current high standards,” he said. “I doubt this would occur under the current management but this aspect ...

  9. Business - Comment - LAI SEE

    External forces have helped to fashion modern China

    Posted Oct 21st 2014, 04:39am by Howard Winn

    ... A faculty member said he was "surprised" at the banners, but most of the students did not take them too seriously. Let's hope we can take the institution's academic results more ... A target was set for the artisans and engineers and they have achieved it. This is a big day for the entire Hari Krishna family," he told the Times of India.   Have you got any stories ...

  10. Business - Economy

    Trade still key to China's economy despite attempts at rebalancing

    Posted Oct 22nd 2014, 05:21am by CHIM SAI WAI

    ... important to China and Asia in general and that it would take a long time for the share of consumption in gross domestic product to pick up significantly. He estimates China's trade to grow ... region," Carbon said, adding that 70 per cent of the growth in Asia came from China. He said the rebalancing process was going to be long and the mainland would still need massive amounts ...




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