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  • April 16, 2014
  • Last updated: 6:11pm
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Results 1 - 10 of 187 for north korea – united states relations

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  1. Business - Commodities - EARNINGS

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

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

    ... 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 ... 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, ...

  2. Business - Commodities - EARNINGS

    Sinopec details sale plan of fuel unit

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

    ... 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 ... marketing operation to non-state entities. The decision is seen as an answer to Beijing's call for state firms in monopolistic industries to invite private participation in their operations ...

  3. Business - Commodities - EARNINGS

    Nexen costs eat into CNOOC profit

    Posted Mar 29th 2014, 01:13am by Eric Ng

    ... last year. The state-backed firm, China's dominant offshore oil and gas producer, reported a net profit of 56.46 billion yuan (HK$71 billion), down 11.4 per cent from 2012, and 10.9 per ... out of control." Total operating cost per unit of output surged 26 per cent to US$45 a barrel of oil equivalent, while average oil selling price fell 5.3 per cent to US$104.60 a barrel. ...

  4. Business - China Business - EARNINGS

    Air China hit hard as yields tumble

    Posted Mar 26th 2014, 05:29am by Charlotte So

    ... flights slid 5 per cent to 59.7 billion yuan. Flights to Japan and South Korea saw a 15 per cent drop in revenue to 4.4 billion yuan. The revenue per passenger over a kilometre, or passenger ... kilometre dropped 6 per cent to 47 fen. Long-haul and regional flights served as a buffer. North America routes reported 14 per cent growth in revenue to 6.4 billion yuan. Asia-Pacific and other ...

  5. Business - Banking & Finance - EARNINGS

    Bank of China (Hong Kong) flags cut to dividend payout ratio

    Posted Mar 27th 2014, 12:58am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Move by Bank of China unit from this year is aimed at meeting higher capital requirements and follows 6.3pc rise to record profit for 2013 BOCHK flags cut ... "I don't expect more banks to follow. And BOCHK has a relatively higher payout than the others in the past." The sole yuan clearing bank in the city, BOCHK said yuan business ...

  6. Business - China Business - EARNINGS

    Strong BMW venture sales lift Brilliance China profit 47 per cent

    Posted Mar 28th 2014, 01:40am by Kwong Man-ki

    ... by contributions from BMW Brilliance, the 50-50 joint venture with German carmaker BMW. Profit from the venture rose 47.7 per cent to 3.4 billion yuan, with car sales up by 28.5 per cent to 206,729 units ... by 28.4 per cent to 265,400 units, and 306,300 units next year, he said in a research note. Wu Xiaoan, the chairman of Brilliance China, said the BMW joint venture continued with its expansion ...

  7. Business - Companies - EARNINGS

    Aluminium producer Rusal posts US$3.2b loss

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

    ... billion, said it has completed restructuring negotiations with state lender Sberbank on US$4.9 billion of debt and Gazprombank on US$660 million. It was in advanced talks on US$3.7 billion ...

  8. Business - Companies - EARNINGS

    Luxury menswear group Trinity cautious amid China economic slowdown

    Posted Mar 15th 2014, 01:54am by TIFFANY AP

    ... stores in the United States such as Bloomingdales and Nordstrom, as well as in Britain. This differs from fellow luxury group Prada, which said last year that it would pull back from US ... Yat-ming, adding first-quarter same-store sales growth was relatively soft. Profit for its five menswear brands fell 42.9 per cent year on year to HK$308.2 million last year. Revenue dropped 3.7 per ...

  9. Business - Banking & Finance - EARNINGS

    ICBC profit climbs 10.2 per cent on fees, high net interest margins

    Posted Mar 28th 2014, 01:40am by Zhang Hong

    ... and the Bohai Rim were the main regions that saw relatively large increases in non-performing loans. ICBC is the third of China's Big Four banks to report its earnings so far. Its shares closed ...

  10. Business - China Business - EARNINGS

    Weaker demand and competition hit China Eastern

    Posted Mar 28th 2014, 01:40am by Keira Lu Huang

    ... cabins, China Eastern is eyeing the low-cost flight business. With its subsidiary China United Airlines moving into the second airport in Beijing, the company is considering the potential ...




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