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  • October 21, 2014
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  1. News - China - SANCTIONS

    China cuts ties with North Korea's main forex bank

    Posted May 07th 2013, 07:28pm by AGENCIES

    ... Zhiying, an expert on Korean affairs at Tongji University in Shanghai, said China wanted to show that it was serious in implementing sanctions. Additional reporting by Bloomberg, Reuters, Jane Cai ...

    http://www.scmp.com/news/china/article/1232383/china-closes-account-north-koreas-main-foreign-exchange-bank
  2. Business - Commodities

    Quebec rail disaster shines critical light on oil-by-rail boom

    Posted Jul 08th 2013, 11:48am by Reuters

    ... Reuters in New York The deadly train derailment in Quebec this weekend is set to bring intense scrutiny to the dramatic growth in North America of shipping crude oil by rail, a century-old ... told Reuters in the interview. Henry Posner III, a former business partner who invested with Burkhardt in a railroad in Estonia, said he could not recall any incidents similar to what happened ...

    http://www.scmp.com/business/commodities/article/1277827/quebec-rail-disaster-shines-critical-light-oil-rail-boom
  3. Business - Economy

    China services PMI improves, inflation creeping up

    Posted Aug 03rd 2013, 11:32am by Reuters

    ... Reuters in Beijing Non-manufacturing growth up in July, data shows Growth in China’s non-manufacturing sector picked up in July as Beijing’s recent support measures for small firms helped improve sentiment, though companies noted that inflation is picking up and pushing up costs, official data showed on Saturday. The government’s non-manufacturing purchasing managers’ index (PMI) ...

    http://www.scmp.com/business/economy/article/1294096/china-services-pmi-improves-inflation-creeping
  4. News - Hong Kong

    HKMA steps in to market to defend Hong Kong dollar peg

    Posted Oct 30th 2012, 06:49pm by Reuters in Hong Kong

    ... Reuters in Hong Kong The Hong Kong Monetary Authority (HKMA) said on Tuesday it had stepped into the market by selling HK$2.7 billion (US$348.38 million) as the currency repeatedly hit the top end of its trading range. This is the fifth time in the past two weeks that the HKMA, the city’s de facto central bank, had stepped in as "hot money" continues to flow ...

    http://www.scmp.com/news/hong-kong/article/1073313/hkma-steps-defend-hong-kong-dollar-peg
  5. Business - Companies

    Batista’s Brazilian empire was sunk by more than hubris

    Posted Aug 30th 2013, 01:33pm by Reuters

    ... an anchor for Eike Batista’s vast Brazilian resource empire. In an interview with Reuters at a Rio de Janeiro office block, Mendonga showed off bowls of pungent crude oil from OGX’s first field, ... complete what he started, the government gave him cheap credit to expand even more.” Reuters ...

    http://www.scmp.com/business/companies/article/1300583/batistas-brazilian-empire-was-sunk-more-hubris
  6. Comment - Insight & Opinion - JAKE'S VIEW

    Reluctant borrowers showing interest again

    Posted Jun 23rd 2013, 12:00am by Jake Van Der Kamp

    ... Reuters, South China Morning Post, June 15 Just look at those helmeted central bankers rushing up to the battlements to man their defences, pikes at the ready, oil boiling in the vats to pour ...

    http://www.scmp.com/comment/insight-opinion/article/1266764/reluctant-borrowers-showing-interest-again
  7. Business - China Business

    Business Digest, October 30, 2012

    Posted Oct 30th 2012, 12:00am by STAFF, AGENCIES

    ... and aluminium, the Economic Information Daily reported. The paper said the steel, cement, machinery manufacturing, pharmaceuticals, and electronic information industries may also be restructured. Reuters ...

    http://www.scmp.com/business/china-business/article/1072831/business-digest-october-30-2012
  8. Sport - Other Sport - MOTOR RACING

    Danish driver Allan Simonsen killed in horror crash at Le Mans

    Posted Jun 23rd 2013, 10:29am by Reuters in Le Mans, France

    ... Reuters in Le Mans, France Audi’s Tom Kristensen led a tragedy-tinged Le Mans 24 Hours race into the darkness of Sunday morning after fellow-Dane Allan Simonsen was killed in a crash only minutes into the endurance event. The first race fatality in 27 years at Le Mans cast a pall over 90th anniversary celebrations for the race on its 81st running at the La Sarthe circuit near ...

    http://www.scmp.com/sport/other-sport/article/1267166/danish-driver-allan-simonsen-killed-horror-crash-le-mans
  9. News - China

    Millionaire children in China choose 'freedom' over family businesses

    Posted Aug 01st 2013, 09:59am by Reuters

    ... Reuters The mainland's first crop of entrepreneurs are looking to retire but their children often shun the family legacy, and that's bad for business Young take a new path Dai Yintao, 21, is the only son of the millionaire owner of Chinese real estate, pharmaceutical and mining companies. He has no interest in taking over his father’s business, opting instead to work ...

    http://www.scmp.com/news/china/article/1293517/millionaire-children-china-choose-freedom-over-family-businesses
  10. Business - Money

    China's SOE steelmakers to trade Singapore's iron-ore derivatives

    Posted Aug 03rd 2013, 12:00am by Reuters

    ... Reuters in Shanghai SOEs gain approval to trade iron ore futures in Singapore as Beijing's state assets regulator loosens its grip Steelmakers eye derivatives Chinese state-owned steelmakers are preparing to enter the Singapore-based iron-ore swaps market, in a move that could boost liquidity in iron-ore derivatives as firms look to hedge volatile prices. The step is another ...

    http://www.scmp.com/business/money/markets-investing/article/1294037/chinas-soe-steelmakers-trade-singapores-iron-ore

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