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  • September 3, 2014
  • Last updated: 3:53pm
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  1. Business - Economy - Consumption

    Growth in Australia’s GDP slows to 0.5pc

    Posted Sep 03rd 2014, 02:35pm by Reuters

    ... contribution to growth as firms refilled shelves after several quarters of running down stocks. Home construction expanded a robust 5.7 per cent in the quarter to be almost 15 per cent higher ...

    http://www.scmp.com/business/economy/article/1584414/growth-australias-gdp-slows-05pc
  2. Business - Companies - COMMENT

    Delay some more, to get it right

    Posted Sep 03rd 2014, 11:15am by Stephen Vines

    ... phenomenal success of devices such as the iPhone tend to suggest that, in the longer run, not that much was sacrificed in terms of sales. It is, however, possible to think of many products whose ...

    http://www.scmp.com/business/companies/article/1584313/delay-some-more-get-it-right
  3. Business - Economy - REPORT

    Japan overtakes Hong Kong in competitiveness rankings

    Posted Sep 03rd 2014, 10:43am by Reuters

    ... for an annual exchange of views at the Swiss resort of Davos, showed the same countries filling the top 10 spots for at least the third year running. Switzerland’s slick efficiency, innovation ...

    http://www.scmp.com/business/economy/article/1584291/japan-overtakes-hong-kong-competitiveness-rankings
  4. Business - Economy - EMPLOYMENT

    Starbucks stars as South Korea aims to boost jobs for women

    Posted Sep 03rd 2014, 01:33am by BLOOM

    ... "The shrinking workforce is the biggest risk to growth in the mid-to-long run," said Kim Kyung-soo, a former Bank of Korea economist and now professor of economics at Seoul-based ...

    http://www.scmp.com/business/economy/article/1583957/starbucks-stars-south-korea-aims-boost-jobs-women
  5. Business - Banking & Finance - LENDING

    New loans of 700b yuan in China fall short of estimates

    Posted Sep 02nd 2014, 12:40pm by DON WEINLAND

    ... loans in the property sector likely tightened lending at the banks last month, the state-run paper said. China’s four biggest banks lent 125 billion yuan in August while deposits fell by 450 ...

    http://www.scmp.com/business/banking-finance/article/1583562/new-loans-700b-yuan-china-fall-short-estimates
  6. Business - Economy - INVESTMENT

    Western sanctions force Russian firms to look to Hong Kong and East Asia

    Posted Sep 02nd 2014, 09:38am by Toh Han Shih and Agencies

    ... of this year and many other Russian firms are trying to follow suit, she said. "For example, we were recently contacted by a client from Russia that runs fur coat retail stores in the USA and now ...

    http://www.scmp.com/business/economy/article/1583483/putin-kicks-gas-pipeline-china
  7. Business - China Business - AVIATION

    Hong Kong drives China airports

    Posted Sep 02nd 2014, 09:25am by SIJIA JIANG

    ... is already running beyond its designed capacity. The capital will add another airport to meet traffic demand though the details are yet to be made public. "The planning of the new airport ...

    http://www.scmp.com/business/china-business/article/1583474/hk-drives-china-airports
  8. Business - Companies - SHIPPING

    Maersk-MSC tie-up approval may run to late 2014

    Posted Sep 02nd 2014, 12:38am by JING YANG

    ... Jing Yang jing.yang@scmp.com US maritime regulator likely to set conditions for antitrust approval of vessel-sharing pact Maersk-MSC alliance seen gaining approval The proposed alliance between Maersk Line and Mediterranean Shipping Company (MSC), the wor ...

    http://www.scmp.com/business/companies/article/1583295/maersk-msc-tie-approval-may-run-late-2014
  9. Business - Companies - RESTRUCTURING

    Samsung to merge shipbuilding and engineering units

    Posted Sep 01st 2014, 11:50am by AFP

    ... Agence France-Presse in Seoul The shipbuilding and engineering units of South Korea’s Samsung group said on Monday that they will merge as the family-run giant gears up for generational ownership succession. The board members of Samsung Heavy Industries, the world’s third-largest shipmaker, and Samsung Engineering had approved the tie-up through a share swap, said a joint ...

    http://www.scmp.com/business/companies/article/1582828/samsung-merge-shipbuilding-and-engineering-units
  10. Business - China Business - EARNINGS

    Titan Petrochemicals back in black after selling off assets

    Posted Sep 01st 2014, 11:06am by Ray Chan

    ... to HK$2.5 million from HK$20 million. Guangdong Zhenrong bought a majority stake in Titan from Fujian businessman Tsoi Tin-chun, paid off the debt of the shipyard Titan runs and bought its fuel ...

    http://www.scmp.com/business/china-business/article/1582812/titan-petrochemicals-back-black-after-selling-assets

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