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  • April 24, 2014
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  1. Business - Comment - LAI SEE

    Too much focus on fishing boats as pleasure craft are neglected

    Posted Apr 15th 2014, 12:19am by Howard Winn

    ... Howard Winn There is a letter from the Marine Department in today's Letters to the Editor in response to a piece we wrote recently. We had noted that despite the ban on fishing which ... to the owners of the old green wooden-hulled fishing boats. The Marine Department letter doesn't deal with this conundrum. We referred to the appearance of new blue-hulled steel fishing boats ...

    http://www.scmp.com/business/article/1482429/too-much-focus-fishing-boats-pleasure-craft-are-neglected
  2. Business - China Business - CARS

    Buyers slam Tesla over late delivery of Model S battery-powered sedans

    Posted Apr 23rd 2014, 12:50am by Kwong Man-ki

    ... the capital and Shanghai- where another delivery ceremony will be held today- have complained to Tesla about the wait and what they say are chaotic delivery arrangements, in a letter posted on Weibo ...

    http://www.scmp.com/business/china-business/article/1494696/buyers-slam-tesla-over-late-delivery-model-s-battery-powered
  3. News - China - FINANCE

    UBS orders internal probe as banker is named in affair, graft allegations against state firm chairman

    Posted Apr 16th 2014, 11:07am by George Chen, Amy Li, Ray Chan

    ... on the official website of China Resources yesterday, Song said he was "extremely indignant" at the accusations in Wang's online letter. "These allegations are pure fabrication ...

    http://www.scmp.com/news/china/article/1483677/whistle-blower-renews-allegations-against-song-lin-chairman-hong-kong
  4. Business - Commodities

    China may have 1,000 tonnes of gold in financing deals

    Posted Apr 15th 2014, 03:43pm by Reuters

    ... for support due to outflows from exchange-traded funds and as the United States Federal Reserve unwinds its stimulus. "Imported gold is being used via gold loans and letters of credit to raise ... month, copper and iron ore prices took a hit on concerns that a crackdown could release a huge amount of stock into the market. "Gold loans or [letters of credit] used to import gold offer ...

    http://www.scmp.com/business/commodities/article/1482889/chinas-demand-gold-rise-25-cent-next-four-years
  5. Business - Banking & Finance - BONDS

    China 'ban' on letters of credit leaves banks in limbo

    Posted Feb 24th 2014, 04:27am by Jasper Moiseiwitsch

    ... Mainland 'ban' on letters of credit leaves banks in limbo Have mainland regulators banned the standby letter of credit-backed bond? Confusion reigns on this issue, even for banks ... Everyone is curious about it." According to widespread reports at the end of last year, the People's Bank of China told the mainland's Big Four banks to stop issuing letters ...

    http://www.scmp.com/business/banking-finance/article/1433873/china-ban-letters-credit-leaves-banks-limbo
  6. Business - Banking & Finance - CREDIT

    Agricultural Bank of China warns branches of loan risks

    Posted Apr 08th 2014, 01:08am by BLOOM

    ... the mainland's third-largest lender by market value, has warned its branches about credit risks from property lending, two sources said. The bank circulated a letter saying price cuts at housing projects in some smaller mainland cities had caused panic in the property market, they said, adding that the letter encouraged branches to take steps to avoid credit risks but demanded no specific ...

    http://www.scmp.com/business/banking-finance/article/1467934/agricultural-bank-china-warns-branches-loan-risks
  7. Business - Money

    Chaori Solar shares hit by sell-off on return to trading

    Posted Apr 09th 2014, 01:40am by BLOOM

    ... entered bankruptcy. Chaori Solar said on Friday a bondholder was seeking to force it into a bankruptcy restructuring. The solar-cell maker received a letter on Thursday from Shanghai Yihua Metal ...

    http://www.scmp.com/business/money/markets-investing/article/1469860/chaori-solar-shares-hit-sell-return-trading
  8. Business - Companies - GOVERNANCE

    BlackRock chief urges chief executives to invest in long-term growth

    Posted Mar 29th 2014, 01:13am by BLOOM

    ... balance-sheet decisions. Following up on a January 2012 letter in which he urged 600 of BlackRock's largest holdings to adopt shareholder-friendly practices, Fink wrote last week to the heads ... with a particular focus on companies' strategies to drive longer-term growth," the chief executive and co-founder of BlackRock wrote in the letter. "It concerns us that, in the wake ...

    http://www.scmp.com/business/companies/article/1459675/blackrock-chief-urges-chief-executives-invest-long-term-growth
  9. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... communities, as well as other non-government organisations committed to improving women's health.   Back-office jobs galore JP Morgan's annual shareholder letter is an interesting indication ...

    http://www.scmp.com/business/article/1474467/hsbc-action-put-hunger-strikers-out-their-misery
  10. Business - Banking & Finance

    Draghi's QE call rings hollow

    Posted Apr 10th 2014, 01:23pm by NICHOLAS SPIRO

    ... "there are important reasons to assume [OMT] exceeds the [ECB's] mandate". A more pragmatic view would be that while the ECB's policy actions have followed the letter of the EU ...

    http://www.scmp.com/business/banking-finance/article/1473442/mario-draghis-qe-call-rings-hollow

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