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  • April 21, 2014
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  1. Comment - Insight & Opinion

    Developing human capital just as important as setting up innovation and technology bureau

    Posted Apr 12th 2014, 03:47am by SCMP Editorial

    ... an innovation and technology bureau, part of a proposed government restructuring abandoned in the face of conflict with lawmakers during the troubled early days of his government. When the first ... and economic restructuring. It will be important to maintaining the city's competitiveness, given that China's opening up has narrowed the advantages of being a gateway to the mainland. ...

    http://www.scmp.com/comment/insight-opinion/article/1477053/developing-human-capital-just-important-setting-innovation
  2. Business - Comment - LAI SEE HOWARD WINN

    HSBC goes for cooler image at the Sevens this year

    Posted Mar 14th 2014, 12:53am by Howard Winn

    ... Howard Winn With the Hong Kong rugby Sevens extravaganza due to erupt in Hong Kong at the end of the month the principal sponsors HSBC and Cathay Pacific have been firing up their multimedia packages. As befits the times success lies in impact in the stadium and social media. The themes of both sponsors incorporate a Twitter-ready hash tag. For HSBC it is #Bringyourgame while ...

    http://www.scmp.com/business/article/1448056/hsbc-goes-cooler-image-sevens-year
  3. Business - Banking & Finance - BANKING

    Brokers flee HSBC for Chinese investment banks in Hong Kong

    Posted Mar 11th 2014, 11:44am by George Chen; Kanis Li

    ... George Chen and Kanis Li Disputes over salaries prompt dozens of brokers to leave British lender for rivals in Hong Kong Disgruntled HSBC brokers flee to Chinese banks Dozens of former stockbrokers at HSBC have recently found new jobs at two rapidly expanding Chinese investment banks in Hong Kong after they left the British lender over disagreements on salaries. People familiar ...

    http://www.scmp.com/business/banking-finance/article/1445953/dozens-brokers-flee-hsbc-chinese-investment-banks-hong-kong
  4. Comment - Insight & Opinion - LEADER

    China should lower taxes, not increase spending, to spur growth

    Posted Apr 17th 2014, 04:33am by SCMP Editorial

    ... be strongly resisted. Rather, the government should take advantage of the slowdown with economic restructuring to soak up excess capacity that is distorting allocation of economic resources. Beijing ...

    http://www.scmp.com/comment/insight-opinion/article/1484941/china-should-lower-taxes-not-increase-spending-spur-growth
  5. Comment - Insight & Opinion

    China must resist the temptation of economic stimulus for quick relief

    Posted Apr 16th 2014, 05:18pm by Hu Shuli

    ... believe its decision is based on an accurate assessment of China's development needs and current fragilities. Despite years of talk about the need for economic restructuring, it has continued ... will be a test for the government. Perhaps the best reason for eschewing short-term stimulus measures is China's growth potential. The impetus for growth can come from reform, restructuring ...

    http://www.scmp.com/comment/article/1483733/china-must-resist-temptation-economic-stimulus-quick-relief
  6. Sport - Rugby

    Video: Tokyo Sevens

    Posted Mar 24th 2014, 09:19am

    ... SCMP Staff Watch highlights from both days of the Tokyo Sevens, which wrapped up on Sunday with hosts Fiji beating defending champions South Africa in the dying seconds. The 33-26 Cup final victory was Fiji’s second of the HSBC Sevens World Series season, matching the two tournament wins of both South Africa and New Zealand. A fifth-straight final appearance moved ...

    http://www.scmp.com/sport/rugby/play-week/article/1455991/video-tokyo-sevens
  7. News - China

    Labour disputes in China increase as the workforce shrinks

    Posted Apr 18th 2014, 03:16am by Reuters

    ... restructure or close operations as the world's second-biggest economy cools. There are no accurate national statistics on the total number of strikes, work stoppages and protests. But China ...

    http://www.scmp.com/news/china/article/1486398/labour-disputes-china-increase-workforce-shrinks
  8. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ... HICKEY IBM has been restructuring its business, with job reductions and the sale of its low-end server business to Chinese personal-computer maker Lenovo for US$2.3 billion in January, in efforts ...

    http://www.scmp.com/business/companies/article/1486376/hardware-sector-remain-drag-ibm-quarterly-revenue-hits-5-year-low
  9. BOCHK plays catch-up in salary restructuring

    Posted Sep 02nd 2004, 12:00am by Louis Beckerling

    ... Louis Beckerling Staff can expect increases of up to 20pc while overpaid ones may suffer pay cuts Bank of China Hong Kong (BOCHK) has launched a restructuring of its pay scales to bring ... will be able to offer competitive salaries- particularly to its top executives. Winners in the restructuring that got under way this year can expect salaries to increase by up to 20 per cent next year, ...

    http://www.scmp.com/article/468729/bochk-plays-catch-salary-restructuring
  10. Business - Economy - CURRENCIES

    Canada steps up push to create yuan trading hub

    Posted Feb 08th 2014, 05:12am by Bloomberg

    ... capital markets. Canadian Finance Minister Jim Flaherty received a personal briefing on the matter last year from government officials before a meeting with HSBC executives, documents obtained ... this objective." China has already signed agreements to trade its currency more freely with Singapore, London and Frankfurt as part of an economic restructuring that includes taking steps to loosen ...

    http://www.scmp.com/business/economy/article/1423428/canada-steps-push-create-yuan-trading-hub

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