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  • August 24, 2014
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Results 1 - 10 of 21 for precious metals

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  1. Business - China Business - EARNINGS

    Chinese state firms' profits grow faster in first seven months

    Posted Aug 21st 2014, 01:28am by Reuters

    ... industries raked in more profits, while margins in the coal and chemical sectors shrank, it said. Firms in the non-ferrous metal sectors fared the worst, suffering losses. The ministry added ...

  2. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Full-year result of HK$1.86b for the jeweller swelled by strong sales of the precious metal following price falls Luk Fook posts record profit after gold binge Jeweller Luk Fook Group announced that yearly attributable profit surged 50 per cent year on year to a record HK$1.86 billion, boosted by high-volume gold sales after prices of the metal ...

  3. Business - Money - EARNINGS

    Lower turnover weighs on profit growth at HKEx

    Posted Aug 06th 2014, 03:32pm by Enoch Yiu

    ... Clear, the new clearing house of London Metal Exchange to be launched in September, will also bring in new revenue. HKEx acquired LME in December 2012 to expand into commodities trading. ...

  4. Business - Banking & Finance - EARNINGS

    Standard Chartered first-half profits plummet 20pc

    Posted Aug 06th 2014, 05:07pm by DON WEINLAND

    ... Christopher Wheeler, an analyst at Mediobanca in London. The bank said on July 14 it was suing the owner of a Qingdao metals trading company for US$35.6 million, revealing that its exposure ...

  5. Business - Money - EARNINGS

    Through train puts HKEx on track to 10pc profit growth

    Posted Aug 04th 2014, 03:40am by Enoch Yiu

    ... benefit from the through train, which should raise its turnover by about 5 per cent, and from the revenue from subsidiary London Metal Exchange's clearing house that would come on stream ...

  6. Business - Money - EARNINGS

    LME, listing challenges ahead for HKEx

    Posted Feb 24th 2014, 04:27am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Healthy profit growth from trading fees belies HKEx's longer-term challenges in developing a metal exchange and attracting new listings HKEx lacks growth ... the London Metal Exchange into a growth engine, according to brokers and analysts. They believe the exchange could still report a profit growth of about 15 to 16 per cent last year on the back ...

  7. Business - Money - EARNINGS

    HKEx shareholders benefit from commodities and new listings

    Posted May 09th 2014, 01:14am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com First-quarter profit boost comes amid doubling in IPOs and 7pc rise in take from metals trading HKEx benefits from commodities and new listings Hong Kong ... higher income reflects increased fees from commodities trading, and additional listing fees," the exchange said in a statement. HKEx bought the London Metal Exchange, the largest metals ...

  8. Business - Commodities - EARNINGS

    Chalieco looks beyond non-ferrous metals sector

    Posted Aug 17th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Chalieco looks beyond non-ferrous metals sector China Aluminum International Engineering Corporation (Chalieco) said it is seeking to expand outside its core sector and overseas as it posted a 47 per cent fall in interim profit. The non-ferrous metals plant design and construction arm of Aluminum Corporation of China (Chinalco) cited "the ...

  9. Business - Companies - EARNINGS

    Exchanges operator HKEx's earnings growth of 11pc trails market estimates

    Posted Feb 26th 2014, 01:28pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Lower than expected profit attributed to LME takeover costs and flat revenue from listing fees Metals exchange weighs on HKEx Higher operating expenses and depreciation costs resulting from the takeover of London Metal Exchange saw Hong Kong Exchanges and Clearing report lower-than-expected earnings yesterday, and brokers warn of the challenges ahead. ...

  10. Business - Companies - EARNINGS

    Aluminium producer Rusal posts US$3.2b loss

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

    ... of the metal in London Metal Exchange (LME) warehouses to record levels. Rusal's shares fell as much as 4 per cent after the results announcement before rebounding to close up 2.94 per cent ...




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