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  • April 20, 2014
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  1. Property - Hong Kong & China

    Property investment and sales speed up in China in 2013

    Posted Jan 20th 2014, 02:45pm by Reuters

    ... Reuters in Beijing Growth in real estate investment and property sales accelerated in China last year, a sign the booming property market has resisted Beijing’s sustained efforts to cool ... the National Bureau of Statistics said on Monday. Property sales rose 17.3 per cent in terms of floor space and 26.3 per cent in terms of value, the agency said in a statement on its website, ...

    http://www.scmp.com/property/hong-kong-china/article/1409650/property-investment-and-sales-speed-china-2013
  2. News - Hong Kong - TOURISM

    On the tourism front line, low-paid shop staff set HK$1 million monthly sales target

    Posted Apr 20th 2014, 05:27am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Low basic pay and high sales targets criticised by trade union, which says cost-cutting bosses make it hard for store staff to earn commission Hard life for staff on tourism front line Hong Kong's tourism industry may be in the midst of an unprecedented boom, but frontline workers aren't sharing in the benefits- with store staff set sales targets ...

    http://www.scmp.com/news/hong-kong/article/1489963/tourism-front-line-low-paid-shop-staff-set-hk1-million-monthly-sales
  3. Property - Hong Kong & China

    Hong Kong developers launch Easter projects as larger flat sales slow

    Posted Apr 19th 2014, 01:10am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developers pin hopes on brisk HK Easter sales Hong Kong developers are aggressively pushing project launches on the four-day Easter break but sales momentum for larger units is showing signs of slowing. Seven residential projects, comprising more than 170 units in all, are up for sale either during or shortly after the Easter holiday. New World ...

    http://www.scmp.com/property/hong-kong-china/article/1487639/hong-kong-developers-launch-easter-projects-larger-flat
  4. News - World - IRAN

    Sale of seized Iranian tower in New York to fund terror payouts to families

    Posted Apr 18th 2014, 10:19pm by AFP

    ... Agence France-Presse in New York Seized Iranian tower's sale funds payout US prosecutors have outlined plans to sell an Iranian-owned skyscraper in the largest terror-related seizure ... Attorney Preet Bharara said. The government would recoup litigation expenses and costs associated with the sale of any properties seized and sold by the US Marshals Service, according ...

    http://www.scmp.com/news/world/article/1487503/sale-seized-iranian-tower-new-york-fund-terror-payouts-families
  5. Business - Banking & Finance - REGULATION

    Beijing issues detailed rules on banks' sale of preferred shares

    Posted Apr 19th 2014, 01:09am by Reuters

    ... Reuters in Shanghai Beijing rules on preferred share issues by banks The mainland published detailed rules on commercial bank issuance of preferred shares yesterday, paving the way for lenders to begin fundraising designed to enable them to withstand an e ...

    http://www.scmp.com/business/banking-finance/article/1487642/beijing-issues-detailed-rules-banks-sale-preferred-shares
  6. Business - Economy

    Business sentiment up in Japan but outlook clouded by sales-tax rise

    Posted Apr 18th 2014, 01:17am by Reuters

    ... Reuters in Tokyo Confidence suggests sales tax increase may have less impact on growth than first predicted Sentiment in Japan up but outlook cloudy Confidence at Japanese manufacturers grew in April for the first time in three months, and a more moderate dip is seen over the next three months, a Reuters poll showed, suggesting the impact on economic growth from a sales tax ...

    http://www.scmp.com/business/economy/article/1486378/business-sentiment-japan-outlook-clouded-sales-tax-rise
  7. Business - Companies

    Danone sales slow as Russia, China bite

    Posted Apr 17th 2014, 01:09am by Reuters

    ... Reuters in Paris First quarter dented by price increases while firm tries to rebuild position after recall Danone sales slow as Russia, China bite Danone saw underlying group sales growth slow in the first quarter. Price increases in Russia dented sales volume, while in the core dairy division, sales of high-margin baby food fell, albeit less sharply than feared. ...

    http://www.scmp.com/business/companies/article/1484840/danone-sales-slow-russia-china-bite
  8. Business - Companies - RETAILING

    Tesco profit declines for second year as UK sales worsen

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... Bloomberg in London Tesco fails to halt profit slide as UK sales slump bites Tesco, Britain's largest retailer, reported a second consecutive decline in annual earnings after a slump in domestic sales and said it wrote down the value of assets in Europe amid deteriorating profitability. So-called group trading profit fell 6 per cent to £3.32 billion (HK$43 billion) in the year ...

    http://www.scmp.com/business/companies/article/1484841/tesco-profit-declines-second-year-uk-sales-worsen
  9. Business - Money - EQUITIES

    Through train threatens sales in quota scheme

    Posted Apr 16th 2014, 01:21am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Through train threatens existing quota scheme sales The upcoming "through train" scheme to allow mutual stock trading between Hong Kong and Shanghai poses a potential threat to the sales of funds that are using an existing quota scheme to invest onshore, especially for retail-oriented exchange traded funds (ETFs). Currently, foreign ...

    http://www.scmp.com/business/money/markets-investing/article/1483326/through-train-threatens-sales-quota-scheme
  10. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    New home sales surge in Hong Kong

    Posted Apr 15th 2014, 02:13pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Discounts at new projects lure buyers Home sales in the secondary market in Hong Kong rose modestly, while the volume of transactions in new homes surged. ... said sales in the secondary market would slow after the Easter holiday, when developers launched more new projects. In the primary market, 158 units were sold over the weekend, 4.2 times ...

    http://www.scmp.com/property/hong-kong-china/article/1482838/new-home-sales-surge-hong-kong

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