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  • April 18, 2014
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  1. Business - Money

    Billionaire George Soros unveils Manchester United stake

    Posted Aug 21st 2012, 01:30pm

    ... reuters  Billionaire money manager George Soros reported a nearly 2 percent stake in Manchester United Plc on Monday, in one of the first revelations of investors in the British soccer club’s controversial initial public offering earlier this month. The veteran investor’s eponymous hedge fund, Soros Fund Management LLC, owns 7.85 percent of Manchester United’s Class A shares, ...

  2. Business - China Business

    Manchester adds Hong Kong flights in Asia push

    Posted Apr 11th 2014, 12:59am by BLOOM

    ... Bloomberg in London Manchester adds HK flights in Asia push Manchester Airport will add Hong Kong flights operated by Cathay Pacific Airways to its network and is targeting services to Beijing as British terminals vie for connections to fast-expanding Asian markets. Cathay will operate four weekly flights with Boeing 777-300ER jets from December 8. Manchester's first direct ...

  3. Business - Banking & Finance - ACQUISITIONS

    Japan's Orix eyeing Standard Chartered's PrimeCredit unit

    Posted Apr 15th 2014, 12:21am by BLOOM

    ... Bloomberg Japanese firm is said to be weighing a bid for the British bank's PrimeCredit business in HK Orix 'interested in StanChart unit' Orix, Japan's most acquisitive financial firm, is considering bidding for Standard Chartered's consumer credit unit in Hong Kong, two people with knowledge of the matter said. Orix may team up with another investor ...

  4. Business - Economy - TRADE

    Japan and the United States face off in crucial trans-Pacific trade negotiations

    Posted Apr 09th 2014, 02:03pm by Reuters in Tokyo

    ... Japan and the United States on Wednesday began a round of crucial talks aimed at concluding a trade pact seen as critical to the success of regional negotiations, although officials warned ... was holding up agreement on the TPP, a 12-nation grouping that would stretch from Asia to Latin America. Japanese officials say Washington needs to be more flexible on its side. The United States ...

  5. Business - Banking & Finance - DIVESTMENTS

    Sun Hung Kai & Co picks 3 banks to sell consumer finance unit

    Posted Apr 03rd 2014, 04:14pm by Reuters

    ... Reuters in Hong Kong Sun Hung Kai & Co has appointed three banks to underwrite the sale of its consumer finance division, people familiar with the matter said on Thursday. The Hong Kong conglomerate chose JPMorgan Chase, Morgan Stanley and UBS to run the sale, which is expected to value the business – United Asia Finance – at about US$3 billion, the people said. SHK & ...

  6. Business - Companies - ACQUISITIONS

    Cofco buys Noble agricultural unit to broaden food supply

    Posted Apr 03rd 2014, 05:16am by Bloomberg

    ... Bloomberg Purchase of agricultural business is the second such deal for Cofco, which in February agreed to buy a majority stake in grain trader Nidera Cofco buys Noble unit to broaden supply Cofco Corp, China's largest grain trader, agreed to make an initial payment of US$1.5 billion for 51 per cent of Noble Group's agricultural products trading unit to broaden its ...

  7. Business - Commodities - EARNINGS

    Profit at power firm Datang dragged down by coal-to-chemicals unit

    Posted Mar 27th 2014, 12:58am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Coal-to-chemicals unit drags down Datang profit Datang International Power Generation posted an underlying pre-tax profit growth of 54 per cent for last year, ... unit of China Datang Group is one of the five state-owned national power generation groups and its coal-to-chemicals operation was a factor in dragging down profits in 2013. Excluding a 241.5 ...

  8. Business - Commodities - EARNINGS

    Sinopec details sale plan of fuel unit

    Posted Mar 25th 2014, 01:32am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland oil giant aims to complete the sale of 30 per cent of marketing operations by third quarter, with the funds raised to help cut debt Sinopec details sale plan of fuel unit China Petroleum & Chemical (Sinopec) aims to complete by the third quarter a fund-raising exercise for its fuel marketing operations to help cut debt, fund shale gas ...

  9. Business - Companies

    Amazon's mainland unit closes vendor after report of fake cosmetics

    Posted Mar 22nd 2014, 01:30am by BLOOM

    ... Bloomberg in Beijing Amazon closes store on report of fakes The mainland unit of Amazon.com the world's largest e-commerce company, closed a third-party online store after state media reported that fake cosmetics were being sold. The shutdown was in response to customer complaints and the company would immediately close any stores selling fakes, Amazon's mainland unit said ...

  10. Business - China Business

    China's consumer rights show targets Nikon, OZDairy and Datang unit

    Posted Mar 17th 2014, 02:27am by Bloomberg

    ... Bloomberg in Shanghai CCTV also takes aim at OZDairy and a unit of Datang amid surge in consumer complaints Nikon targeted in consumer rights show The mainland's state broadcaster targeted Nikon cameras, Australian milk producer OZDairy and a unit of Datang in its annual consumer rights programme. The Nikon D600 camera produced pictures with black spots and customer service ...




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