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  • September 15, 2014
  • Last updated: 1:48pm
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  1. Business - Banking & Finance

    Diners Club sale draws interest from Japanese banks

    Posted Sep 15th 2014, 04:40am by Bloomberg

    ... Bloomberg in Tokyo Banks look at Diners Club sale in Japan Citigroup's Diners Club card brand in Japan is among assets drawing interest from lenders as the bank seeks bids for its retail operations in the country, people with knowledge of the matter said. Sumitomo Mitsui Financial Group, Mizuho Financial Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Trust Holdings ...

  2. Business - Companies - ACQUISITIONS

    Fosun shrugs off debt concerns as it looks for more overseas acquisitions

    Posted Aug 22nd 2014, 09:28am by Toh Han Shih

    ... talent," Wang said. He declined to say whether Hong Kong-listed subsidiary Shanghai Jin Jiang International Hotels (Group), would take part in the acquisition of the European firm if the deal goes ...

  3. Tainted-milk victims claim in HK

    Posted May 06th 2010, 12:00am by Staff Reporter

    ... at the heart of the scandal had gone bankrupt, making them unable to seek compensation on the mainland. A Hong Kong registered company, however, holds 43 per cent of the shares in the now-defunct Sanlu Dairy Group. Hearings of their case began at the Small Claims Tribunal on Tuesday. The parents are demanding about HK$84,000 from Fonterra Brands (China). Sanlu was found to be a big source ...

  4. Business - Banking & Finance - EARNINGS

    Dah Sing profit climbs 29pc on lower China lending

    Posted Aug 28th 2014, 05:03am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Dah Sing profit up 29pc on lower China lending Dah Sing Banking Group, which owns Hong Kong's last family-owned bank, posted HK$1.4 billion in net profit for the first half, a 29 per cent growth from the same period last year. Dah Sing Financial Holdings, the majority shareholder of the banking group, saw profits jump by nearly 50 per cent ...

  5. Negligence and greed must not go unpunished

    Posted Sep 14th 2008, 12:00am by Staff Reporter

    ... the mainland is, therefore, a matter of the greatest concern. The delay in making the problem of tainted milk public is inexcusable. It appears that the Sanlu Group, the mainland's biggest dairy ... that the central government is finally aware of the severity of the problem, it has acted decisively. All Sanlu's operations have, rightly, been shut down. Nationwide checks on all baby formula have ...

  6. News - World

    Uncertainty over Islamic State numbers clouds threat analysis

    Posted Sep 15th 2014, 04:55am by WASHPOST

    ... adversary. But the trajectory of those numbers also helps to explain Obama's decision to go to war against an Islamist group that has yet to be linked to any plot against the United States. ... group that is expanding faster than US spy agencies can chart it, the "imminent" threshold appears to have been set aside. When asked about the revised estimates of Islamic State ...

  7. Business - Money - LISTINGS

    Biscuit maker Jiashili opens orders for HK$370m IPO

    Posted Sep 15th 2014, 12:18pm by Benjamin Robertson

    ... of a planned initial public offering. Cayman Islands-registered Jiashili Group hopes to raise HK$370 million in a Hong Kong listing by issuing 100 million shares at HK$3.70 each. Ten million shares ... London-based private equity group Actis invested US$50 million in preferred shares and convertible debt. The planned share offer comes as worrying economic data shows industrial output on the mainland ...

  8. News - Hong Kong - DEMOCRACY

    When signing petitions is no longer enough

    Posted Sep 15th 2014, 06:29am by JEFFIE LAM

    ... said. "I couldn't continue the life I used to live." And so she co-founded the University of Democracy-to-come group with activist Chan King-fai and policy researcher Anthony Wong Kin-wai. The group plans to offer weekly lectures exploring the relationship between democracy and other aspects of society- including culture and sex- at Talentum Bookshop in Yau Ma Tei. It held ...

  9. Business - Companies - TAKEOVERS

    Heineken confirms rejection of SABMiller takeover bid

    Posted Sep 15th 2014, 09:42am by Reuters

    ... earlier in the day. Bloomberg reported from its sources that SABMiller’s offer would have made the Heineken family one of the largest shareholders in the combined group. The newswire also said ... Bavaria, the 2007 purchase of Grolsch, the 2008 combination of Miller Brewing Co with the US business of Molson Coors and the 2011 purchase of Foster’s Group. Like other brewers, SABMiller ...

  10. News - World - TECHNOLOGY

    Apple's iPhone more hack-proof than Android, Gamma Group reports in leaked document

    Posted Aug 12th 2014, 10:05pm by WASHPOST

    ... away The secrets of one of the world's most prominent surveillance companies, Gamma Group, spilled on to the internet last week, thanks to an anonymous leaker who appears to have gained ... being beaten by the secret police. So it's vital that these features reach average users." The Gamma Group, with headquarters in Germany and Britain, did not respond to an email ...




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