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  • August 22, 2014
  • Last updated: 4:16am
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  1. News - World - WINE

    Rudy Kurniawan, Indonesian fake-wine seller, jailed for 10 years in US

    Posted Aug 08th 2014, 09:49pm by Reuters

    ... Reuters in New York Indonesian sold millions of dollars of counterfeit bottles to rich collectors High-society wine faker jailed for 10 years An Indonesian man, once considered one ... years in jail in Manhattan federal court. Rudy Kurniawan used his refined palate and luxurious lifestyle to hoodwink some of the world's most discriminating wine lovers with his "bold, ...

  2. Property - International - UNITED STATES

    Fund bets on next trendy district in New York

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... Bloomberg in New York CityShares tempts wealthy investors with chance to buy into blocks of flats in New York neighbourhoods ripe for gentrification Fund bets on next trendy district New ... as New York's workforce expands, Weissman said. "One of the things we learned from talking to investors was a lot of people thought about value creation through the evolution ...

  3. News - Hong Kong - TRANSPORT

    No delay on disclosing delays: new MTR boss

    Posted Aug 19th 2014, 04:18am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Acting CEO minding the gap at top of rail firm also adds 600 trains to timetable No delay on disclosing delays: new MTR boss The new man at the helm ... Lincoln Leong also announced MTR would add 600 more trains a week to timetables this month- on top of 300 extra services already added this year. All five of the MTR's projects are facing ...

  4. Business - China Business - EARNINGS

    Youku Tudou expects new growth prospects from Alibaba collaboration

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... companies. "The partnership with Alibaba is very healthy and positive," Youku chief executive Victor Koo Wing-cheung said yesterday in a conference call with analysts. New York-traded Youku ... quarter, compared with a loss of 105.05 million yuan a year earlier, mainly due to higher-than-expected product development, sales and marketing expenses. Revenue grew 27 per cent to 958.72 million ...

  5. Property - Hong Kong & China

    Vanke eyes new markets to ride out residential volatility

    Posted Aug 18th 2014, 09:34am by Peggy Sito

    ... new business opportunities such as senior living, holiday and logistic properties in a bid to enhance its income sources. It reported a 5.56 per cent year-on-year increase in net profit in the first six months of the year to 4.81 billion yuan (HK$6.05 billion) because it sold more small and medium-sized homes. Its debt-to-asset ratio rose to 78.93 per cent from 78 per cent. Vanke’s ...

  6. Starting start-ups: A new approach

    Posted Aug 20th 2014, 11:12am

    ... and personality to take the leap and launch a new business from scratch. We beg to differ. In 2009, the Global Entrepreneurship Study revealed that entrepreneurship rates in Hong Kong were alarmingly low, ... by 2010. There is one caveat, however. While the launch of specific programmes seems to improve self-employment rates in the year following their introduction, they lose impetus and have little ...

  7. News - World - SYRIA

    New report highlights threat to aircraft from militants in Syria

    Posted Aug 19th 2014, 08:48pm by Reuters

    ... systems" (Manpads), which are dangerous to planes flying at lower altitudes or ones taking off or landing. The new report estimated that several hundred anti-aircraft missile systems were already ... years of conflict. ...

  8. News - Hong Kong - TRANSPORT

    Cost of high speed rail link swells to HK$80b in light of two-year delay

    Posted Aug 06th 2014, 04:50am by Phila Siu

    ... Phila Siu phila.siu@scmp.com MTR is adding HK$13 billion to price tag following announcement of two-year delay, says lawmaker, and he claims estimate is optimistic High-speed rail link ... Kowloon to Guangzhou by two years, to 2017. "A lot of people know about the latest estimate," said Tien. "But [the government and MTR] are still in talks over who should pay for it, ...

  9. News - China - ENVIRONMENT

    Groundwater monitoring system 'three years away'

    Posted Aug 06th 2014, 05:04am by Li Jing

    ... Li Jing jing.li@scmp.com Groundwater monitoring system 'three years away' The mainland is considering revising its 20-year-old standards for groundwater and will launch a new network to monitor quality in three years, according to an official with the Ministry of Land and Resources. Zhang Zuochen, a deputy head of the ministry-affiliated China Institute ...

  10. News - China

    LIVE: Chinese court jails GSK investigator Peter Humphrey for 2½ years on privacy charges

    Posted Aug 08th 2014, 09:29am by Staff Reporters

    ... by the time he was himself detained later in the year.  12.01pm: Humphrey says he was aware that he had obtained private information from citizens after 2009, when a new law on the secrecy of private ... Staff reporters Humphrey sentenced to two years and six months in jail on charges of "illegally obtaining private information", a fine of 200,000 yuan, and deportation from China ...




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