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  • September 2, 2014
  • Last updated: 1:23pm
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  1. News - World - UNITED STATES

    US gun dealers report huge AK-47 sales after Russia sanctions ban

    Posted Sep 01st 2014, 09:05pm by WASHPOST

    ... The AK-47 buying frenzy that kicked off in mid-July presents yet another example of the risk that trying to limit gun sales could create a boom in demand. During the debate over the measure commonly called the Brady Bill in the 1990s, gun purchases skyrocketed. When the Democrats took control of Congress in 2006, sales soared again. When President Barack Obama tried to pass sweeping laws ...

    http://www.scmp.com/news/world/article/1583078/us-gun-dealers-report-huge-ak-47-sales-after-russia-sanctions-ban
  2. News - China - GOVERNMENT

    China changes Budget Law to relax rules on local government bond sales

    Posted Sep 01st 2014, 05:14am by Jeanny Yu, BLOOM

    ... Jeanny Yu and Bloomberg in Shanghai Rules eased on local government bond sales The mainland's top legislature passed an amendment to the Budget Law yesterday, paving the way for more ... but bond sales to finance day-to-day outlays will still be off-limits, along with all forms of credit guarantees to individuals or entities, according to the National People's Congress's ...

    http://www.scmp.com/news/china/article/1582512/china-changes-budget-law-relax-rules-local-government-bond-sales
  3. Property - Hong Kong & China - HOME SALES

    Strong sales of new flats point to Hong Kong property market upturn

    Posted Aug 31st 2014, 04:40am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Strong weekend sales point to upturn in market Fast-selling properties in Tseung Kwan O and at a luxury project at Kowloon Station could be a sign ... in the district. But it is not as accessible as The Wings IIIA. There is also a lack of similar housing supply in the area." Investors were even more active in the sales of the remaining flats ...

    http://www.scmp.com/property/hong-kong-china/article/1582048/strong-sales-new-flats-point-hong-kong-property-market
  4. News - Hong Kong - SOCIETY

    Hong Kong universities urged to ban alcohol sales on campus

    Posted Aug 29th 2014, 04:22am by Arthur Chan

    ... Arthur Chan arthur.chan@scmp.com Tung Wah poll reveals one in five students binge drink, and many don't realise the harmful effects Universities urged to ban alcohol sales on campus A hospital group has called for a ban on the sale of alcohol on campuses after its study showed that a fifth of university students had engaged in binge drinking but only 1 per cent admitted they had ...

    http://www.scmp.com/news/hong-kong/article/1581516/hong-kong-universities-urged-ban-alcohol-sales-campus
  5. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... in the first half of the year, driven mainly by strong property sales. Net profit, including property revaluation gains, grew 63.99 per cent to HK$1.1 billion from HK$672 million in the first half ... last year. The contribution of property sales to operating profit was HK$563 million in the first half, compared with just HK$34 million a year earlier. Most of the sales were generated ...

    http://www.scmp.com/business/companies/article/1581679/shun-tak-boosts-first-half-core-profit-2256pc-strong-property
  6. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Takings for last month were down 3.1pc on last year as mainland graft drive continued to bite Retail sales still gloomy despite summer holiday The summer holidays brought no relief for hard-pressed shopkeepers as retail sales declined for the sixth consecutive month- and retailers see no relief in sight until winter. Total sales were down 3.1 per cent ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  7. Business - Companies - BEVERAGES

    Strong sales fuel beer maker Tsingtao Brewery’s gains

    Posted Aug 29th 2014, 11:16am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Tsingtao Brewery, one of the leading beer makers in China, said revenue increased 13 per cent for the fist half on the back of strong sales. Net profit edged ... to explore other markets, which helped maintain continuous growth of sales volume and market share”, it said in an exchange filing on Friday. Tsingtao Brewery said its beer sales grew 16 per cent ...

    http://www.scmp.com/business/companies/article/1581661/strong-sales-fuel-beer-maker-tsingtao-brewerys-gains
  8. News - World - AVIATION

    Gadget that stops the passenger in front from reclining their seat sees soaring sales

    Posted Aug 27th 2014, 09:25pm by Bloomberg

    ... Bloomberg in Chicago Sales soar for gadget that prevents aircraft seats reclining after mid-flight skirmish in the US Device makes flying less laid back A sneaky device that blocks ... Ira Goldman, crashed after traffic surged, and sales rose "substantially" for the US$21.95 plastic clips that have been on the market since 2003. While a product that interferes ...

    http://www.scmp.com/news/world/article/1581261/midair-clash-over-gadget-stops-aircraft-seats-reclining-spurs-sales
  9. Business - Companies - TELECOMMUNICATIONS

    India's Karbonn Mobiles eyes listing by 2016 with Android sales boost

    Posted Aug 28th 2014, 05:03am by Reuters

    ... Reuters Karbonn eyes listing by 2016 with Android boost Karbonn Mobiles, the third-largest smartphone maker in India, expects to go public by 2016 as it bets on sales of Android devices ... quarter," research firm International Data Corp has said. Sales of smartphones grew 84 per cent in India in the second quarter of this year, IDC said. Smartphone users in India were expected to grow ...

    http://www.scmp.com/business/companies/article/1581323/indias-karbonn-mobiles-eyes-listing-2016-android-sales-boost
  10. Business - Companies - SHARES

    Garage sale on cards as fund managers make room for Alibaba

    Posted Aug 27th 2014, 10:24am by Reuters

    ... at their portfolios, it may trigger a garage sale of names that are failing to impress Wall Street, including US e-commerce rival Amazon, fund managers said. "Any company that didn't meet expectations and give a rosy outlook is probably being considered as a sale candidate to make room for a name like this," said Jim O'Donnell, chief investment officer of Forward Securities, ...

    http://www.scmp.com/business/companies/article/1581057/garage-sale-cards-fund-managers-make-room-alibaba

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