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  • July 22, 2014
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Results 1 - 10 of 221 for offshore yuan trading

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  1. Business - China Business - EARNINGS

    China's airlines hit hard by weaker yuan

    Posted Jul 17th 2014, 01:22am by SIJIA JIANG

    ... airlines hit hard by weaker yuan The weaker yuan is emerging as a major downside risk for mainland airlines already wrestling with a challenging business environment brought on by increased competition and higher taxes. The unprecedented depreciation of the yuan this year has been blamed by the nation's biggest airlines warning their first-half profits could shrink significantly. ...

    http://www.scmp.com/business/china-business/article/1555470/chinas-airlines-hit-hard-weaker-yuan
  2. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... (LTE) mobile networks and smartphones. Privately held Huawei yesterday said in a statement its first-half revenue grew 19 per cent to 135.8 billion yuan (HK$169.5 billion) from 113.8 billion yuan a year earlier. The Shenzhen-based company did not provide a net profit figure but said it achieved an operating margin of 18.3 per cent in the first six months of the year. "Revenue ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  3. Business - China Business - EARNINGS

    SMIC boosts margins on way to ninth straight profitable quarter

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... this month the "Guidelines to Promote National IC Industry Development", which would help the mainland's integrated circuit market reach 350 billion yuan (HK$440 billion) in sales next year from 269 billion yuan last year. ...

    http://www.scmp.com/business/china-business/article/1557110/smic-boosts-margins-way-ninth-straight-profitable-quarter
  4. Business - Money - EARNINGS

    Profit outlook dims for mainland China firms traded in the US market

    Posted Jul 01st 2014, 04:05am by Bloomberg

    ... Bloomberg in New York Outlook dims over China slowdown The most actively traded mainland companies in the United States are on track to report the smallest profits in two years as growth in the world's second-largest economy decelerates to the slowest pace since 1990. Analysts covering stocks listed on the Bloomberg China-US Equity Index estimate that on average they will post earnings ...

    http://www.scmp.com/business/money/markets-investing/article/1543911/profit-outlook-dims-mainland-china-firms-traded-us
  5. Business - Companies - EARNINGS

    Google's second-quarter revenue tops estimates on robust ad sales

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... the stock a buy. "It was a very good quarter," he added. Google shares climbed as much as 3 per cent in extended trading. Net income, including from Motorola Mobility, which is being sold ...

    http://www.scmp.com/business/companies/article/1556529/googles-second-quarter-revenue-tops-estimates-robust-ad-sales
  6. Business - Companies - EARNINGS

    Fast Retailing cuts 2014 profit forecast

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... demand. Retail sales dropped 4.3 per cent in April from a year earlier, easing to a 0.4 per cent decline in May, according to data from Japan's Ministry of Economy, Trade and Industry. Costs ...

    http://www.scmp.com/business/companies/article/1551432/fast-retailing-cuts-2014-profit-forecast
  7. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... incoming cash was only 142 million yuan (HK$177.3 million) while net outflow of funds was 620 million yuan. As of March, short-term debt to be paid within the year was 355 million yuan but cash on hand was only 82 million yuan. Silver Base said it would request to renew its bank borrowings. The anti-graft campaign has hit high-end liquor sales, causing prices to tumble. High end baijiu ...

    http://www.scmp.com/business/companies/article/1543914/silver-base-turns-its-ceo-financial-help
  8. Business - Commodities - EARNINGS

    Trafigura profit boosted by rise in commodity demand

    Posted Jun 17th 2014, 05:13am by Reuters

    ... Reuters in Singapore Trading firm sees first-half net grow by 24pc and expects volume increases to continue Trafigura profit boosted by rise in commodity demand Commodity trading giant ... the third-largest oil trader after Swiss rivals Vitol and Glencore, posted a profit of US$469.7 million in the six months to March this year, the company said in its interim profit report. Trading volumes ...

    http://www.scmp.com/business/commodities/article/1534306/trafigura-profit-boosted-rise-commodity-demand
  9. Business - Companies - EARNINGS

    iPhone maker Hon Hai benefits from weaker yuan

    Posted May 16th 2014, 01:05am by BLOOM

    ... Bloomberg in Taipei Hon Hai profit surges on weak yuan Hon Hai Precision Industry, the largest company in the Foxconn Technology Group, posted its fastest profit growth for the industry's traditional low season in four years as it boosted efficiency and gained from a fall in the yuan. First-quarter net income climbed 20 per cent to NT$19.5 billion (HK$5 billion), according ...

    http://www.scmp.com/business/companies/article/1513102/iphone-maker-hon-hai-benefits-weaker-yuan
  10. 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 ... Eric Ng eric.mpng@scmp.com Offshore oil and gas producer posts surprise 11.4pc decline in net income after Canadian deal Nexen costs eat into CNOOC profit CNOOC posted a disappointing ...

    http://www.scmp.com/business/commodities/article/1459878/nexen-costs-eat-cnooc-profit

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