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  • November 23, 2014
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  1. Comment - Letters

    Letters to the Editor, November 20, 2014

    Posted Nov 20th 2014, 06:31am by LETTERS

    ... does not come only from long working hours. People also face high rents and other expenses and this places a real burden on people on low incomes. Some of them might take out high-interest ...

  2. Business - Commodities - MACROSCOPE

    Opec faces tough options amid rivalry and slowing demand

    Posted Nov 19th 2014, 04:30am by Reuters

    ... in the short term. But eventually demand will pick up as moves towards energy efficiency take a back seat in consuming countries and incomes rise in emerging markets. And supply growth will fall ...

  3. News - Asia - NEPAL

    Carrying the scars of Nepal’s ‘kidney bank’ and its illegal trade

    Posted Nov 14th 2014, 11:09pm by AP

    ... the nickname "the kidney bank". The donors, promised up to thousands of US dollars in a country where per capita income is US$700, would cross into India for the surgery, their organs ...

  4. Business - Comment - THE VIEW

    Dominance of rich leaves Hong Kong labour with no voice

    Posted Nov 07th 2014, 04:31am by RICHARD HARRIS

    ... "If I work hard, I can be like him one day!" Yet income distribution, as propounded by modern-day superstar French economist Thomas Piketty, is getting worse over time as owners ... stands at 0.48, resulting from 200 years of rampant capitalism and some redistribution of income through taxation. The capitalist, democratic, welfare state in Europe was born out of two world ...

  5. Business - Banking & Finance - EARNINGS

    Construction Bank profit grows 11pc on interest income and cost controls

    Posted Mar 31st 2014, 05:27am by Zhang Hong

    ... Zhang Hong in Beijing hong.zhang@scmp.com Interest income boosts CCB profit 11pc China Construction Bank, the mainland's second-biggest bank by assets, recorded an 11 per cent gain in net profit to 214.7 billion yuan (HK$270 billion) for last year, thanks to steady growth in net interest income and effective control of operating costs. Net income was higher than the 193.2 ...

  6. News - World - CLIMATE

    Sino-US global warming deal faces Republican resistance in Congress

    Posted Nov 13th 2014, 11:10am by MCT, AFP

    ... with the incoming Republican-controlled Congress. "I will do everything in my power to rein in... the EPA's [Environmental Protection Agency] unchecked regulations," said Senator James ...

  7. Business - China Business - LOGISTICS

    SF Express aims to increase cargo aircraft fleet to 100 by 2018

    Posted Nov 18th 2014, 08:20am by CHIM SAU-WAI

    ... would also be interested in expanding its business-to-business service to Europe, which would require a higher level of service. He said SF Express derived less than 10 per cent of its income ...


    Foundation gives sick newborns a chance in rural China

    Posted Nov 14th 2014, 04:58am by ELIZABETH CHEUNG

    ... daughter of Wu Kai and Ao Chengli was diagnosed with a series of potentially fatal diseases. Relying on a meagre income of 3,000 yuan (HK$3,800) a month, the couple from a mountainous area ... and pneumonia. New projects will be carried out in Yunnan province, where 40 newborns will be treated by the Save-a-Baby Programme in Zhaotong. The city's average annual income is just 4,600 yuan, ...

  9. Property - Hong Kong & China - ACQUISITIONS

    China on cautious path to overseas expansion

    Posted Nov 18th 2014, 05:23am by Langi Chiang

    ... they are in." Coe said deep-pocketed insurers such as China Life and Anbang were buying assets abroad to seek long-term stable income and paying local asset managers to reduce risks. To end the Japanese ...

  10. Business - Banking & Finance

    Fee income boosts Citic Securities profit

    Posted Mar 28th 2014, 01:40am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Fee income boosts Citic Securities A strong pickup in income from commission fees and asset management helped top mainland brokerage Citic Securities arrest ... per cent to 20.3 billion yuan, thanks mostly to a surge in brokerage fees and income from asset management. Citic Securities, in which parent firm Citic Group has a 21 per cent stake, said ...




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