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  • July 25, 2014
  • Last updated: 12:37am
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  1. Business - Banking & Finance - COURTS

    StanChart sues over metal fraud claims

    Posted Jul 15th 2014, 01:31am by BLOOM

    ... Bloomberg Bank seeks US$35.6 million inlawsuit against Decheng Mining owner StanChart sues over metal fraud claims Standard Chartered is suing Chen Jihong, the owner of a metals trading ... times over to obtain more than 2.7 billion yuan (HK$3.37 billion) of loans, a person briefed on the matter said earlier this month, citing preliminary findings of an official investigation. ...

  2. News - Hong Kong - COURTS

    Transformers crew member tells court suspected triad member made her feel 'uneasy'

    Posted Jul 22nd 2014, 03:58am by CHRIS LAU

    ... today. Partly set in Hong Kong, Transformers: Age of Extinction, the fourth instalment in the franchise, premiered in the city on June 26. The movie raked in 600 million yuan (HK$750 million) on its opening weekend on the mainland. It took in 188 million yuan in ticket sales on its first day of release. ...

  3. News - Hong Kong - COURTS

    Regulators seek to freeze HK$1b of Gu Chujun's Kelon shares

    Posted Jun 22nd 2014, 04:30am by JULIE CHU

    ... than 107 million shares in Hong Kong-listed Hisense Kelon Electrical Company. The company's shares were trading at HK$9.330 on Friday, putting the value of Gu's stake at close to HK$1 ... to Greencool Technology, which was listed on the Hong Kong bourse from 2000 to 2005. The company's shares were suspended from trading in 2005 and delisted in 2007. "Many members ...

  4. News - Hong Kong - COURTS

    Philanthropist sues school for 'misleading' him

    Posted Jul 18th 2014, 05:16am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Philanthropist sues school for 'misleading' him "Electronics king" Koo Ming-kown is accusing a school and two former officials of misleading him into giving it a HK$20 million gift- and is demanding his money back. The philanthropist and industrialist, founder of Nam Tai Trading, filed a lawsuit against Pui Ching Primary ...

  5. News - China - COURTS

    GSK probe pair Peter Humphrey and Yu Yingzeng indicted for illegally obtaining private information

    Posted Jul 14th 2014, 03:52pm by Alice Yan

    ... as mainland authorities investigated GSK. The drugmaker is accused of funnelling up to three billion yuan (HK$3.8 billion) through travel agencies to bribe doctors and officials to prescribe its ... or by following people. The Legal Daily reported that the investigation reports containing the information were sold to clients, bringing in millions of yuan in income each year. ChinaWhys had dealings ...

  6. Business - Companies - COURTS

    OOCL may appeal manslaughter verdict

    Posted Jul 12th 2014, 12:52am by CHIM SAU-WAI

    ... to include the shipbuilders and lift manufacturers. Allan was OOCL's London-based transatlantic trade director at the time of his death in 2003. He had been with the company for 37 years. He ...

  7. News - World - COURTS

    US government sues Amazon over in-game spending on mobile apps

    Posted Jul 11th 2014, 09:06pm by Reuters

    ... Reuters in Washington Amazon sued over games spending The US government has sued Amazon.com for allowing children to collectively incur millions of dollars in purchases on the credit cards of their unsuspecting parents while playing mobile applications such as Tap Zoo and Ice Age Village. The action, filed by the Federal Trade Commission (FTC), seeks to make the online retailer refund money spent ...

  8. Business - Companies - COURTS

    Family of dead employee wants apology from OOCL

    Posted Jul 08th 2014, 01:54am by CHIM SAU-WAI

    ... was OOCL's London-based transatlantic trades director at the time of his death in 2003, having been with the company for 37 years. He fell down a lift shaft on the container ship OOCL Montreal during ...

  9. News - China - COURTS

    Bribe or donation? Ex-Shenzhen official's retrial focuses on 1 million yuan he sent to temple

    Posted Jun 11th 2014, 06:50pm by Angela Meng

    ... a million-yuan “bribe” that was discounted as a “donation” in the previous trial. Huang Zhiguang had been found guilty by the Guangzhou Intermediate People's Court of taking bribes totalling some 3 million yuan (HK$3.78 million) and for possessing illegal firearms. He was sentenced to 14 years in jail last December. Authorities confiscated six shotguns, an air gun, jade, luxury ornaments ...

  10. Business - Companies - COURTS

    OOCL found guilty in accidental death of employee

    Posted Jul 04th 2014, 01:41am by SAU-WAI CHIM

    ... London-based transatlantic trades director at the time of his death. He fell down a lift shaft on the container ship OOCL Montreal during a customer cocktail reception aboard the vessel during its ...




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