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  • July 28, 2014
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  1. Business - Economy

    Systemic risk answers sought as HKMA intervenes on currency

    Posted Jul 02nd 2014, 11:30am by NICK EDWARDS

    ... Lawmakers are demanding answers from the government on measures to bolster the city’s financial system stability as it emerged that authorities had been forced to intervene in currency markets ... of the city’s financial system in response to a written question on the subject from legislator Ng Leung-sing. Ng’s question follows up on an International Monetary Fund (IMF) report in May which ...

    http://www.scmp.com/business/economy/article/1544805/systemic-risk-answers-sought-hkma-intervenes-currency
  2. Business - Commodities - TECHNOLOGY

    LME rolls out electronic network to speed up trade with Asia

    Posted Jul 25th 2014, 01:35am by Enoch Yiu

    ... in technology over the past 12 months, with more than £30 million (HK$396 million) devoted to [information technology] projects and systems development, excluding LME Clear," said Robin Paine, ... "Investors from the mainland would like to trade … the LME products to hedge their risks." The LME expects to move users to the new system within nine months, with migration slots available from ...

    http://www.scmp.com/business/commodities/article/1558508/lme-rolls-out-electronic-network-speed-trade-asia
  3. News - Hong Kong - HEALTH

    High-risk salons fined and warned

    Posted Jul 22nd 2014, 03:57am by Emily Tsang

    ... this year to impose a licensing system on private premises used as operating theatres. It is also studying whether general medical practitioners without specialised training should be allowed ... for the rest of the world," Ko said. The government was now in talks with the Hong Kong Academy of Medicine, the body responsible for training doctors, to define a recognised system under which ...

    http://www.scmp.com/news/hong-kong/article/1557056/high-risk-salons-fined-and-warned
  4. Comment - Insight & Opinion

    MH17 tragedy proves need for a higher authority on flight safety

    Posted Jul 28th 2014, 03:08am by HUGH DUNLEAVY

    ... of several well-known airlines also operating in the same flight corridor that day. For too long, airlines have been shouldering the responsibility for making decisions about what constitutes a safe ... volatile political situations around the world, such as Ukraine and Gaza, we as an industry must act now to create a system of approval that guarantees safe air passage for all commercial airlines. ...

    http://www.scmp.com/comment/insight-opinion/article/1560543/mh17-tragedy-proves-need-higher-authority-flight-safety
  5. Comment - Letters

    Hong Kong parents need to recognise benefits of vocational education

    Posted Jul 27th 2014, 04:01am by LETTERS

    ... higher than those of university graduates. The post-secondary school vocational colleges system operates very successfully in many European countries. Students are streamed early on in secondary ...

    http://www.scmp.com/comment/letters/article/1560055/hong-kong-parents-need-recognise-benefits-vocational-education
  6. Business - Companies - ANALYSIS

    'Halo effect' from iPhone, iPad lifts Mac computer sales in China

    Posted Jul 24th 2014, 01:06am by BIEN PEREZ

    ... to contract by 5 per cent," he said. It is a development that augurs well for Apple's release this autumn of its upgraded Mac desktop operating system, called OS X Yosemite. "OS ... network operator by subscribers, apparently helped iPhone sales grow 48 per cent year on year in the three months to June, despite stiff competition from market leader Samsung Electronics ...

    http://www.scmp.com/business/companies/article/1557739/halo-effect-iphone-ipad-lifts-mac-computer-sales-china
  7. News - World

    Police operating global network of malicious software implants, reports say

    Posted Jun 27th 2014, 10:44pm by AP

    ... expose a global network of malicious software implants operated by police and spy agencies in dozens of countries. "This in many ways is the police surveillance of the now ... into how the malware operates, showing how devices can be compromised through booby-trapped e-mails or infected USB sticks, or even pushed onto handsets by a pliant telephone company. Screenshots ...

    http://www.scmp.com/news/world/article/1542029/police-operating-global-network-malicious-software-implants-reports-say
  8. Business - Companies - TECHNOLOGY

    New Microsoft Satya Nadella CEO seeks to reinvigorate software giant

    Posted Jul 26th 2014, 01:39am by BLOOM

    ... group focusing on applications that will be available on rival operating systems. Apart from Office for Apple's iPads, Nadella has accelerated development of a version for Google's Android operating system, which is likely to come out later this year, according to a source. ...

    http://www.scmp.com/business/companies/article/1559366/new-microsoft-satya-nadella-ceo-seeks-reinvigorate-software-giant
  9. News - China - HISTORY

    China's navy no longer so inferior to Japan's, experts say

    Posted Jul 27th 2014, 05:38am by Minnie Chan, KRISTINE KWOK

    ... according to Macau-based military expert Antony Wong Dong. "PLA units are still exploring new ways to operate jointly, which could lead to merging their different weapon systems together," ... carriers is able to operate independently in combat." Japan also enjoys an advantage in submarines, according to Wong. The PLA's existing submarines, many of which are old models, have ...

    http://www.scmp.com/news/china/article/1560065/chinas-navy-no-longer-so-inferior-japans-experts-say
  10. News - World - IRAQ

    Iran reportedly sending military supplies, operating spy drones in Iraq

    Posted Jun 26th 2014, 09:29pm by AFP

    ... Agence France-Presse in Washington Iran is secretly flying surveillance drones over Iraq and sending military equipment there to help Baghdad in its fight against Sunni insurgents, The New York Times has reported. A "small fleet" of Ababil drone ...

    http://www.scmp.com/news/world/article/1541120/iran-reportedly-sending-military-supplies-operating-spy-drones-iraq

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