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  • October 2, 2014
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  1. Philips in drive to restructure

    Posted Aug 25th 2003, 12:00am by Staff Reporter

    ... 270 factories to 150. The company posted large losses in 2001 and last year, prompting a series of restructurings. Philips had shed 50,000 jobs since mid-2001, through a mix of firings, ...

  2. PCCW, Telstra settle Reach debt

    Posted Jun 18th 2004, 12:00am by Staff Reporter

    ... to their undersea cable joint venture for just $311 million, which should put the operation on a firmer financial footing. Reach lenders, including HSBC, ANZ Bank and Barclays, will receive 25.9 cents ... in the industry. The equal joint venture borrowed US$1.5 billion from banks. Last year, the lenders agreed to restructure the loans in return for an immediate repayment of US$300 million. With the previous ...

  3. Gold coins and coupons distinguish Sun Hung Kai from HSBC

    Posted Apr 30th 2005, 12:00am by Staff Reporter

    ... Kelvin Wong We have to apologise to HSBC for mocking it for epitomising those financial institutions that have a tendency to relentlessly replicate their own successful products while shying away from new ideas. There are, after all, others who are just as keen to exploit past success. Distributed chiefly by Sun Hung Kai Financial (SHKF) and designed by investment bank Lehman ...

  4. Bogus website targeting HSBC's customers

    Posted Sep 26th 2004, 12:00am by Chris Oliver

    ... Chris Oliver HSBC customers have been targeted in the latest e-mail banking scam discovered in Hong Kong. It directs customers to verify their account details by clicking through ... is www.ebank.hsbc.com.hk/servlet/onlinehsbc. The earlier e-mail purporting to be from Citibank told account holders that the bank had to block some accounts in its system 'connected with money laundering, credit card fraud, ...

  5. Shares slip as players await HSBC earnings

    Posted Aug 03rd 2004, 12:00am by Staff Reporter

    ... as investors opted to stay on the sidelines before seeing interim results announcements from index heavyweights HSBC and Hang Seng Bank after the market close. Investors also feared persistently high ... Trading was quiet with turnover just exceeding $8 billion. 'Everyone now is just waiting for the results from HSBC and Hang Seng Bank,' one broker said. 'It was another unexciting ...

  6. Creative pitches

    Posted Jun 03rd 2005, 12:00am by Victoria Button

    ... to do in the 'creative selling' section of the Distinguished Salesperson Award- and the best were the most inventive and imaginative. Plastic shopping bag to a jeweller HSBC customer ... Whistle to a domestic helper Hutchison Global Communications account manager, commercial market, Ken Wong Shu-wai, said the whistle could be used both to entertain and discipline children. HSBC ...

  7. Ticket to IT programme

    Posted Mar 31st 2004, 12:00am by Caryn Yap

    ... CARYN YAP Entrepreneurship among young people in Hong Kong appears to be on the rise, with a record 307 teams taking part in this year's HSBC Young IT Entrepreneur Awards. More than 800 full-time students from local universities, colleges and institutes of vocational education participated in the competition from September 2003 to March this year. HSBC chairman David ...

  8. Netcom gets in shape for battle

    Posted Sep 13th 2003, 12:00am by Staff Reporter

    ... with fixed-line giant China Telecommunications Group after completing a 20-month restructuring plan. The restructuring, which will divide the group's operations into three units along geographical ... will now be able to focus on business development. The State Development Bank has granted Netcom Group a 55 billion yuan (HK$51.55 billion) loan to finance the restructuring plan and to cover ...

  9. China plays still flavour of the day

    Posted Jan 01st 2004, 12:00am by Staff Reporter

    ... by keeping just one blue chip, HSBC. In 2003, at last, my portfolio recovered some lost pride for me. I remain bullish that both the Hong Kong and Chinese economies will continue to boom in 2004, ... are HSBC, Sino Land, China Merchants, Playmates and Skyworth Digital. Of course, we will also be trying our luck with those juicy IPOs. Herbert Lau Head of research Celestial Asia Securities ...

  10. Results diary

    Posted May 03rd 2005, 12:00am by Staff Reporter

    ... Today 1st Interim: Hang Seng Bank, HSBC Holdings Tomorrow 1st Qtr/Int: Tong Ren Tang Technologies May 5 1st Interim: Manulife Financial Corporation Interim: EVI Education Asia 3rd Qtr/Int: Pine Technology Holdings May 6 1st Qtr/Int: Capital Publications, CASH Financial Services Group, Stockmartnet Holdings Quarter/Interim: Era Information & Entertainment May 9 1st Quarter: ...




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