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  • July 12, 2014
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  1. News - World - Russia-US relations

    Moscow accuses US of abducting Russian MP’s son over US$1 million credit card hacking fraud

    Posted Jul 09th 2014, 10:07am

    ... Agence France-Presse in Moscow Roman Seleznev held in American territory of Guam after capture in the Maldives, accused of hacking into US retail computer systems to steal over 200,000 ... Department said on Monday that Seleznev, 30, was detained at the weekend and charged with hacking into US retail computer systems in a scheme that cost banks over US$1.1 million in losses. He faces ...

    http://www.scmp.com/news/world/article/1550151/moscow-accuses-us-abducting-russian-mps-son-maldives-over-1-million
  2. Business - Companies - TECHNOLOGY

    Amazon jumps into smartphone market

    Posted Jun 20th 2014, 12:59am by BLOOM

    ... Bloomberg in San Francisco World's largest online retailer challenges Apple and Samsung with launch of Fire Phone Amazon lights a fire under the smartphone market Amazon jumped into the smartphone market with a handset called Fire Phone that is closely tied to the online retailer's other services, ramping up competition with Apple and Samsung Electronics. Amazon chief executive ...

    http://www.scmp.com/business/companies/article/1536390/amazon-jumps-smartphone-market
  3. Mori Trust empowers sustainable urban developments, investments

    Posted Jul 09th 2014, 12:39pm by Reports by Stacey Johnson, Christina Liedke and Jessica Ryan

    ... and independent company has a diverse portfolio of offices, hotels, resorts and residential and retail spaces, including Tokyo Shiodome Building and Marunouchi Trust City. It has also fostered ...

    http://www.scmp.com/article/1550252/mori-trust-empowers-sustainable-urban-developments-investments
  4. Business - Money - LISTINGS

    Hung Fook Tong taps market for HK$148m

    Posted Jun 23rd 2014, 03:08am by Sophie Yu

    ... added 13 retail shops on Hong Kong Island this year," general manager Ricky Szeto Wing-fu said. "We do not have as many stores on the island as we have in other parts of Hong Kong." Hung Fook Tong had 97 self-operated retail shops as of June 13, mainly at MTR stations and shopping centres. It aims to open 25 retails shops this year and 30 next year. On the mainland, ...

    http://www.scmp.com/business/money/markets-investing/article/1538537/hung-fook-tong-taps-market-hk148m
  5. Business - Companies

    Li & Fung spin-off Global Brands wants China brands to compete globally

    Posted Jul 09th 2014, 05:19am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Li & Fung spin-off Global Brands wants to spur domestic brands to compete globally Retailer hopeful for mainland brands Home-grown mainland consumer brands could be ready to compete on the world stage by 2017 and Li & Fung spin-off Global Brands wants to be the one taking them there, according to chief executive Bruce Rockowitz. ...

    http://www.scmp.com/business/companies/article/1549934/li-fung-spin-global-brands-wants-china-brands-compete-globally
  6. Business - Companies - RETAIL

    Fast Retailing CEO upbeat despite Asia tensions

    Posted Mar 05th 2014, 04:36pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Uniqlo owner's ambitions undimmed by slowing mainland economy and Sino-Japanese disputes Fast upbeat despite Asia tensions Japan's Fast Retailing ... apparel retailer. "I believe no matter how the economy turns, our business can be accepted whether in Hong Kong, the mainland or Japan … regardless of economic climate we will make our stride ...

    http://www.scmp.com/business/companies/article/1440986/fast-retailing-ceo-upbeat-despite-asia-tensions
  7. News - Hong Kong - SPORT

    Hong Kong financial planners barred from World Cup semi-final over ‘fake’ tickets

    Posted Jul 10th 2014, 11:13pm by Amy Nip

    ... between host Brazil and Croatia. It warned that the fakes in circulation are impossible to detect with the naked eye, and fans should only buy tickets from approved retailers. ...

    http://www.scmp.com/news/hong-kong/article/1551485/hong-kong-financial-planners-barred-world-cup-semi-final-over-fake
  8. Business - China Business - RETAILING

    Retailer hopes Old Navy will bridge China gap

    Posted Mar 03rd 2014, 03:22pm by Reuters

    ... Reuters in Shanghai When Gap began an online campaign before it launched its Old Navy label in China, the iconic US clothing retailer asked its potential Chinese customers: have you heard ... to play into the rapid growth of China’s e-commerce sector, a segment of the retail market that is unusually large. “We’re putting a lot of attention into e-commerce for both brands,” Kirwan said. ...

    http://www.scmp.com/business/china-business/article/1439318/retailer-hopes-old-navy-will-bridge-china-gap
  9. Business - Companies - RETAILING

    Hong Kong retail group head sounds caution as January sales rise 16.8pc

    Posted Mar 04th 2014, 05:10am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Association chief says it is better to look to the end of February, including the Lunar New Year Retail group head sounds caution as January sales rise Retail sales volume for January increased by 16.8 per cent over a year earlier but the Hong Kong Retail Management Association says it would be better to analyse January to February ...

    http://www.scmp.com/business/companies/article/1439595/hong-kong-retail-group-head-sounds-caution-january-sales-rise
  10. Business - Money - REGULATION

    Support builds for SFC's dark pool rules restricting retail investors

    Posted Mar 03rd 2014, 02:59am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Brokers and operators back regulator's move to bar retail investors from trading platform while providing level playing field for all participants ... investors, such as pension funds, insurance companies and fund managers, are trading on their platforms and to exclude retail trading. Dark pools allow investors to match orders through an electronic ...

    http://www.scmp.com/business/money/markets-investing/article/1438929/support-builds-sfcs-dark-pool-rules-restricting

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