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  • September 3, 2014
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  1. Home Depot says store closures part of strategy to focus on core cities

    Posted Mar 31st 2011, 12:00am by Celine Sun

    ... and Xian markets, where it will now invest more, he said. The company has good reasons to be bullish on Tianjin and Xian. Tianjin, a gateway to northern China, is now building the largest financial ...

  2. PCCW to control telecoms unit following IPO

    Posted Mar 30th 2011, 12:00am by Staff Reporter

    ... would also continue to consolidate the results of the telecoms business. IPO funds would be used by PCCW 'to strengthen the company's balance sheet and for investments in future ...

  3. Wind power hits a northern snag for Datang

    Posted Mar 28th 2011, 12:00am by Eric Ng

    ... Eric Ng China Datang Corporation Renewable Power is one of the largest wind-power producers in Inner Mongolia, but it has hit a snag: there isn't enough infrastructure in the grid to transport all its power to market. Now the firm is coping by redirecting its investments to other parts of the mainland and selling as much heat and power locally as possible. The firm is the Hong ...

  4. Offshore rig service provider TSC seeks acquisitions, tie-ups

    Posted Mar 28th 2011, 12:00am by Eric Ng

    ... earlier,' said chief financial officer Peter Lim Joo Heng. The company hopes to invest in or form partnerships with companies that will allow TSC to offer its equipment and services to more ...

  5. StanChart keeps double-digit growth goal

    Posted Mar 19th 2011, 12:00am by Lulu Chen

    ... group chief executive Peter Sands, who added the bank started off with a record January both in profits and revenue. The bank dodged a bullet during the global financial crisis, thanks to its 'big in Asia, Africa and Middle East' strategy. This year, all three regions face a rough start. Sands said the bank remained committed to the Middle East despite armed conflicts between ...

  6. Nuclear crisis puts HK energy goals in doubt

    Posted Mar 19th 2011, 12:00am by Staff Reporter

    ... mix.' CLP Power, which owns 25 per cent of the Daya Bay plant through a joint venture with the Guangdong Nuclear Investment Company, also declined to comment on the mainland's decision ...

  7. BA eyes deal for Japan Airlines

    Posted Mar 18th 2011, 12:00am by Anita Lam

    ... to generate returns. An aviation analyst who declined to be named agreed, saying JAL's downtime may provide an opportunity for a buyer considering a long-term investment. British Airways' ... with the latter were still at an early stage. BA invested GBP100 million last year in renovating its first-class cabins. About half of its fleet will be fitted with the new cabins by the end ...

  8. Balance tilts towards employees

    Posted Mar 15th 2011, 12:00am by Staff Reporter

    ... functional areas in which Hong Kong employers planned to hire include accounting (54 per cent), finance (57 per cent), operational support (30 per cent) and banking (45 per cent). The survey also ...

  9. HKFA council to debate power-sharing

    Posted Mar 11th 2011, 12:00am by Staff Reporter

    ... Secretary John Tsang Chun-wah said the government last July injected HK$1.5 billion into the sports portion of the Art and Sport Development Fund. The return on investment, he said, would be 'used to support various sports, in particular team sports'. With an expected investment return of 4 per cent, there will be HK$60 million available from the fund annually, with soccer ...

  10. Letters

    Posted Mar 07th 2011, 12:00am by Staff Reporter

    ... investment banking division ('HSBC cuts profitability target: shares plunge', March 1). HSBC defends this because apparently Asia did not experience a banking crisis in 2008. Try telling that to Lehman bond holders, or most other people in Hong Kong and elsewhere with investments other than in property. I find such a statement insulting to say the least. Were managers of any other ...




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