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  • August 22, 2014
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  1. Business - Companies - SHIPPING

    Neptune Orient Lines considers sale or spin-off of logistics unit

    Posted Aug 21st 2014, 01:28am by JING YANG

    ... Jing Yang jing.yang@scmp.com Singapore-based container shipping operator looks into sale or spin-off of APL Logistics in move seen aimed at freeing up capital to repay debt N.O.L. eyes ... that it was considering "a potential sale or initial public offering and listing its logistics business as a separate, stand-alone unit". "These considerations are preliminary and exploratory ...

    http://www.scmp.com/business/companies/article/1577989/neptune-orient-lines-considers-sale-or-spin-logistics-unit
  2. Property - International - BRITAIN

    London homes face biggest price drop in 6 years

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... Bloomberg in London Home sellers slash asking rates as market in British capital endures steep summer slump London records biggest price drop in 6 years London home sellers cut asking prices by the most in more than six years this month, adding to signs the property market in Britain's capital is coming off the boil. London values fell 5.9 per cent from July to an average ...

    http://www.scmp.com/property/international/article/1577026/london-homes-face-biggest-price-drop-6-years
  3. Property - Hong Kong & China

    Vanke eyes new markets to ride out residential volatility

    Posted Aug 18th 2014, 09:34am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China Vanke, the mainland’s biggest developer by sales revenue, said on Sunday that it would continue to focus on the end-user home market, while exploring ... in the first six months of the year to 4.81 billion yuan (HK$6.05 billion) because it sold more small and medium-sized homes. Its debt-to-asset ratio rose to 78.93 per cent from 78 per cent. Vanke’s ...

    http://www.scmp.com/property/hong-kong-china/article/1575895/vanke-eyes-new-markets-ride-out-residential-volatility
  4. A business mind: Yin-mei Chiu, founder and director of food allee and food allee HOME

    Posted Aug 19th 2014, 06:01pm

    ... CHRIS DAVIS Bustling with food connoisseurs and reputedly home to more eating establishments per head of population than any other city on the planet, Hong Kong is a food city to its very ... and director of food allee and food allee HOME, says the first lesson is to do as much research as possible. “Talking to people in the industry and asking for feedback about your ideas helps give you ...

    http://www.scmp.com/article/1576973/business-mind-yin-mei-chiu-founder-and-director-food-allee-and-food-allee-home
  5. Business - China Business - EARNINGS

    Brilliance profit soars on back of BMW joint venture sales

    Posted Aug 20th 2014, 01:34am by Kwong Man-ki

    ... sales Brilliance China Automotive Holdings, the mainland partner of German luxury car brand BMW, said its first-half earnings soared 78.7 per cent from year-ago levels, bolstered by robust sales ... was 3.69 billion yuan, against 2.1 billion yuan in the same period last year. Wu said the company was confident it could hit the 30 per cent sales growth target under the venture this year, ...

    http://www.scmp.com/business/china-business/article/1577243/brilliance-profit-soars-back-bmw-joint-venture-sales
  6. Property - Hong Kong & China

    Franshion Properties sees profit jump 63pc on strong high-end sales

    Posted Aug 20th 2014, 01:34am by Langi Chiang

    ... in the second half while keeping prices flexible to hit its full-year sales target after it reported a 63 per cent year-on-year jump in first-half net profit to HK$3.65 billion. Stripping out property revaluation gains, core profit rose 14 per cent to HK$2.08 billion. In the second half, Franshion would launch 20 projects, including one office project in Shanghai, that would push up both sales ...

    http://www.scmp.com/property/hong-kong-china/article/1577244/franshion-properties-sees-profit-jump-63pc-strong-high-end
  7. News - World - AUSTRALIA

    Abbott warns of home-grown terror, says migrants must be on ‘Team Australia’

    Posted Aug 18th 2014, 09:14pm by AFP

    ... Agence France-Presse in Sydney Abbott warns of home-grown terror Prime Minister Tony Abbott yesterday said migrants had to be on "Team Australia", and warned all citizens to be vigilant to the threat of home-grown terrorism. Abbott's government is hardening its terror laws to make it more difficult for Islamic extremists to travel from Australia to fight in places ...

    http://www.scmp.com/news/world/article/1576177/abbott-warns-home-grown-terror-says-migrants-must-be-team-australia
  8. News - World - BRITAIN

    BBC and police under attack over raid on Cliff Richard's Berkshire home

    Posted Aug 18th 2014, 09:16pm by GDN

    ... The Guardian in London The BBC and police come under attack over a deal done to get exclusive access to the raid on the pop star's home over child sex allegations Action on Richard 'like the tabloids' The BBC has been accused of participating in a "witch-hunt" and behaving like the worst tabloid newspapers after using knowledge of the investigation ...

    http://www.scmp.com/news/world/article/1576176/bbc-and-police-under-attack-over-raid-cliff-richards-berkshire-home
  9. News - China Digest

    The Post's daily China news round-up- August 18, 2014

    Posted Aug 18th 2014, 07:37am

    ... Kong |Source: CRI English Thousands in HK Say ‘No!’ to Occupy Central |Source: Asia Sentinel Economy China Vanke first-half profit rises on smaller-home sales |Source: Bloomberg Iron ore prices ...

    http://www.scmp.com/news/china-digest/digest/1575875/posts-daily-china-news-round-august-18-2014
  10. Property - Hong Kong & China - HOUSING

    Prices for new homes in China drop in record 64 cities

    Posted Aug 18th 2014, 10:30am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Relaxation of curbs in more than 30 cities fails to stimulate buying demand for new homes as the downturn worsens New home prices plunge in 64 cities A record number of mainland cities reported a drop in new home prices last month, official data showed yesterday, indicating that the property market downturn is deepening despite the relaxation ...

    http://www.scmp.com/property/hong-kong-china/article/1575915/home-prices-drop-record-64-mainland-cities

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