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  • July 14, 2014
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  1. News - World

    British cabinet kept in the dark over vast spying programmes

    Posted Oct 07th 2013, 11:53am by Guardian News Service

    ... Guardian News Service Former British minister, Chris Huhne, says he was in ‘utter ignorance’ of Prism and Tempora and calls for tighter oversight of security services Ministers ... headquarters, already had remarkable and extensive snooping capabilities. He said this lack of information and accountability showed “the supervisory arrangements for our intelligence services need ...

  2. News - World - UNITED STATES

    US tax official in political row denies wrongdoing

    Posted May 23rd 2013, 12:00am by AP

    ... not provided false information to this or any other committee. I am very proud of the work that I have done in government." The IRS is the Internal Revenue Service. I have not broken any laws. ...

  3. News - World - UNITED STATES

    IRS chief sacked as Republicans try to blame White House for tax scandal

    Posted May 16th 2013, 08:29am by AFP

    ... Agence France-Presse in Washington Damage-limitation exercise unlikely to placate Obama's enemies as they think they smell blood The US's top tax official has been fired as President Barack Obama tries to stem a rising tide of criticism over the Internal Revenue Service's (IRS's) targeting of conservative groups for special scrutiny. With three congressional ...

  4. News - World - ENTERTAINMENT

    Revenue for online music streaming services such as Spotify top US$1b

    Posted Mar 19th 2014, 08:36pm by GDN

    ... The Guardian in London Revenue for services such as Spotify rose more than 50pc last year as more fans reject piracy in favour of paying for favourite tracks Online Music subscriptions top ... revenue for the music industry than downloads from online stores such as Apple's iTunes. Subscription services now account for a third of all digital sales globally, with downloads making up ...

  5. Business - Banking & Finance - CORPORATE ADVICE

    DBS Bank eyes revenue growth from cash-flow advisory service

    Posted May 26th 2014, 05:06am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Lender will help clients to free up capital which is 'trapped' and hard to repatriate or utilise DBS eyes revenue from cash-flow advisory service DBS ... cent revenue growth in the global transaction services sector to a total of S$1.48 billion (HK$9.1 billion), according to its annual report. The bank ranked as the third-largest transaction ...

  6. News - World - FINANCE

    No revenue, no assets, yet worth US$billions: stock regulators pull plug on social networking firm

    Posted Jul 13th 2014, 06:32am by GUARDIAN, Bloomberg, Reuters

    ... Agencies in New York No revenue, no assets, yet worth US$ billion for no apparent reason- US authorities pull the plug on penny-stock social-networking company Trading halted on mystery firm Financial regulators in the US suspended trading in a social-networking company with no assets, no revenues and one employee, whose value on the stock market soared to US$6 billion ...

  7. Business - Companies

    Lufthansa adds revenue sharing joint venture to Air China partnership

    Posted Jul 08th 2014, 01:54am by SIJIA JIANG

    ... by setting up a revenue-sharing joint venture as it looks to gain better access to the world's second-largest aviation market after the US. Lufthansa chief executive Carston Spohr said ... "offer our customers, particularly those in Europe and China, even better flight connections and services in the future". The new partnership deal, which will allow the two carriers to sell ...

  8. News - Hong Kong - EDUCATION

    Tax-free status of Hong Kong’s international schools attacked

    Posted Jun 02nd 2014, 11:37pm by Shirley Zhao and Johnny Tam

    ... Shirley Zhao and Johnny Tam Granting of charity status criticised after parent company of international school in Lam Tin is found to be listed on New York Stock Exchange Tax-free school rules attacked Hong Kong's charity rules have come under fire after it was revealed the parent company of an international school is listed on the New York Stock Exchange. The Nord Anglia ...

  9. Business - Economy

    Hong Kong in international tax talks to help defend local companies

    Posted May 20th 2014, 12:56am by NICK EDWARDS AND ENOCH YIU

    ... including all banks and brokers from Hong Kong, to report to the Internal Revenue Service (IRS) in Washington on the accounts of clients who are American citizens or permanent residents. "We ... Nick Edwards and Enoch Yiu HK in global tax talks to defend local firms' interests The Hong Kong government is in talks with international bodies to defend the interest of local ...

  10. International expansion paves way for diversity

    Posted Jul 09th 2014, 12:46pm by Reports by Stacey Johnson, Christina Liedke and Jessica Ryan

    ... its vast expertise in this area, JASTEC, one of Japan's oldest information technology services companies, looks outside its home market to gain a cosmopolitan perspective that will enable ... finance, insurance and securities. JASTEC partners with only one major customer in each of these business fields to ensure that it can provide the best service and to safeguard confidential ...




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