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  • July 31, 2014
  • Last updated: 6:36am
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Results 1 - 10 of 224 for offshore yuan trading

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  1. Business - Companies - EARNINGS

    Tom gears up for growth on the back of e-commerce venture's gains

    Posted Jul 31st 2014, 01:24am by BIEN PEREZ

    ... ago. Tom's core businesses comprise mobile internet, publishing, outdoor media and e-commerce, which is now the company's main growth driver. Sixt said Ule recorded 2.31 billion yuan (HK$2.9 billion) in gross merchandise value- representing the amount of goods sold by the business- in the first half, which exceeded the venture's 1.43 billion yuan total for the whole ...

  2. 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. ...

  3. Business - China Business - EARNINGS

    Mobile business boosts Baidu sales amid overseas expansion

    Posted Jul 26th 2014, 01:39am by Bien Perez and Sophie Yu

    ... Baidu, said yesterday. The mainland's largest online search provider said its fast-growing mobile business helped drive its net profit to 3.55 billion yuan (HK$4.44 billion) in the three months to June, up from 2.64 billion yuan a year earlier. We are in a very early stage of launching our international services and products JENNIFER LI, BAIDU Revenue increased 58.5 per cent ...

  4. Business - Companies - EARNINGS

    Facebook beats targets with 61pc boost in second-quarter revenue

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Sandberg said. Investors bid up shares of Facebook past US$75 in after-hours trading on Wednesday. The share gains gave the ffirm a valuation of about US$190 billion, putting it on par with IBM. ...

  5. 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 ...

  6. 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. ...

  7. 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 ...

  8. 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 ...

  9. 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 ...

  10. 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 ...




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