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  1. News - Hong Kong - ECONOMY

    Slide in Hong Kong’s retail sales continues in June with 6.9pc drop

    Posted Jul 31st 2014, 11:36pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland corruption crackdown blamed for falling demand at Hong Kong's high-end shops Slide in city's retail sales continues with 6.9pc drop The grim performance of Hong Kong's retail sales continued in June, producing the worst first-half showing since 2009. The government's monthly statistics released yesterday showed that sales revenue ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop
  2. News - Hong Kong - ECONOMY

    Restaurants serving locals keep up sales amid drop in tourist spending

    Posted Aug 01st 2014, 04:03am by Amy Nip

    ... an insider in the food and beverage business says. Strong local demand boosted the restaurant sector, saving it from the slide in sales experienced by luxury retail brands amid President Xi ... In the first half of this year, restaurant revenues rose 3.6 per cent despite a 0.8 per cent drop in customer flow. In comparison, retail sales dropped 1.3 per cent by value and 1.1 per cent by volume, ...

    http://www.scmp.com/news/hong-kong/article/1563780/restaurants-serving-locals-keep-sales-amid-drop-tourist-spending
  3. News - China - FOOD SCANDAL

    KFC owner admits China rotten food scandal causing ‘significant’ damage to sales

    Posted Jul 31st 2014, 12:04pm

    ... and Pizza Hut restaurant chains said on Thursday that a food safety scandal in China has hurt sales and might be severe enough to cut into the company’s global profit. Yum Brands, in a filing with the US securities regulator, gave no financial details and said it was too early to know when sales might rebound. But it said if the “significant sales impact” continues, it might hurt ...

    http://www.scmp.com/news/china/article/1563324/kfc-owner-admits-china-rotten-food-scandal-causing-significant-damage
  4. Property - International - UNITED STATES

    Hamptons holiday homes see rise in sales

    Posted Jul 30th 2014, 05:59am by Bloomberg

    ... Bloomberg in New York Interest climbs in New York state's exclusivearea as more houses come on to the market Hamptons homes price gains spur sales rise Home sales in New York's ... toward deals done at the lower end of the market. Sales were boosted by a 4.7 per cent increase in inventory from a year earlier and harsh winter weather that pushed several transactions ...

    http://www.scmp.com/property/international/article/1562014/hamptons-holiday-homes-see-rise-sales
  5. Property - Hong Kong & China

    July home sales soar to 6-year high as discounts, new projects attract buyers

    Posted Jul 30th 2014, 01:22am by Sandy Li

    ... as home sales hit 6-year high The strategy of using discounts to boost sales has pushed up Hong Kong developers' turnover to the highest in six years and their stocks to 52-week highs as buyers snapped up HK$26 billion worth of new homes this month. The brisk sales and an upgrade of the property sector by Morgan Stanley yesterday drove up shares of Cheung Kong (Holdings), ...

    http://www.scmp.com/property/hong-kong-china/article/1562215/july-home-sales-soar-6-year-high-discounts-new-projects
  6. Sport - BASKETBALL

    Court approves sale of Los Angeles Clippers to Steve Ballmer as Donald Sterling plans appeal

    Posted Jul 29th 2014, 11:01am by Reuters

    ... Reuters in Los Angeles Clippers sale gets court green light   The estranged wife of Los Angeles Clippers co-owner Donald Sterling can proceed with the record US$2 billion sale of the NBA ... the NBA for racist remarks, chose to appeal. “She had every good reason to believe that Donald agreed to the sale of the team,” said Levanas, who added that he found Donald Sterling’s combative ...

    http://www.scmp.com/sport/article/1561708/court-approves-sale-los-angeles-clippers-steve-ballmer-donald-sterling-plans
  7. Business - Companies - EARNINGS

    China sales help Nissan close in on chief Carlos Ghosn's key targets

    Posted Jul 29th 2014, 01:05am by BLOOM

    ... Bloomberg in Tokyo Strong demand in US also contributes to 37pc rise in net income for quarter to June, boosting optimism that chief's strategic goals will be met China sales help ... on track," said Kota Yuzawa, a car analyst at Goldman Sachs in Tokyo. "Their China sales are quite strong this year." Operating profit in the quarter rose 13 per cent to 122.6 billion yen, ...

    http://www.scmp.com/business/companies/article/1561396/china-sales-help-nissan-close-chief-carlos-ghosns-key-targets
  8. News - China - AGRICULTURE

    Genetically modified rice found for sale in Wuhan supermarket

    Posted Jul 28th 2014, 04:48am by Li Jing

    ... Li Jing jing.li@scmp.com GM rice found in Wuhan supermarket Genetically modified (GM) rice, which is illegal to sell or grow commercially on the mainland, has been found on sale in a large supermarket in Wuhan. State television commissioned tests on five packets of rice picked at random on sale at the supermarket and three were found to contain a genetically modified variety ...

    http://www.scmp.com/news/china/article/1560737/genetically-modified-rice-found-sale-wuhan-supermarket
  9. Lifestyle - Arts & Culture

    Plunging comic sales in Hong Kong force artists to find a new perspective

    Posted Jul 27th 2014, 10:55am by Christopher Dewolf

    ... Christopher Dewolf Hong Kong has a great comics heritage but plunging sales have seen mainstream genres give way to more diverse alternatives Diff'rent strokes It's a blustery ... is not limited to Hong Kong; even Japan has seen a collapse in manga sales over the past two decades. There is an upside. The fall-off in mainstream comics has been accompanied by a creative rebirth, ...

    http://www.scmp.com/lifestyle/arts-culture/article/1559058/hong-kongs-comics-artists-find-new-perspective
  10. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... because of political unrest, the French fashion, spirits and cosmetics group said after posting below-forecast second-quarter sales and profits. The world's No 1 luxury group said growth in sales from Louis Vuitton, its main cash cow, had dropped in China in the second quarter from the first, while revenue from Chinese tourists declined in major European markets such as France. ...

    http://www.scmp.com/business/companies/article/1558885/lvmh-sales-slow-hong-kong-chinese-demand-drops-around-world

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