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  • April 18, 2014
  • Last updated: 1:38am
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  1. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

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

    ... but the growth rate was slower than the 2.8 per cent posted in the fourth quarter. Last month, technology research firm Gartner reported that IBM lost its spot as the world's No2 software maker ... businesses to cut costs by ditching bulky servers for network-based software and using remote data centres run by technology companies. Recently, IBM has bought two companies to expand its cloud ...

  2. Business - China Business - EARNINGS

    Component supplier AAC bets on broader product line to boost sales

    Posted Mar 26th 2014, 06:34am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com AAC pins growth hopes on broader product line Apple component supplier AAC Technologies, which posted record-high revenue and net profit last year, expects ... Technologies, Lenovo, Xiaomi, ZTE and HTC. In its filing to the Hong Kong stock exchange yesterday, AAC said it was also steadily building its business in the so-called non-acoustic components, ...

  3. Business - China Business - EARNINGS

    Weaker demand and competition hit China Eastern

    Posted Mar 28th 2014, 01:40am by Keira Lu Huang

    ... and express cargo business brand. "Going along with the information-technology development, we will take advantage of some new technologies to help the e-commerce freight transformation. We have ...

  4. Business - Banking & Finance - EARNINGS

    ICBC profit climbs 10.2 per cent on fees, high net interest margins

    Posted Mar 28th 2014, 01:40am by Zhang Hong

    ... explore ways to apply the big data technology, and expedite the building of a modern information platform meeting transformation and development demand," the bank said. The bank's net ...

  5. Business - China Business - EARNINGS

    Coolpad poised for record sales this year on 4G smartphone demand

    Posted Mar 22nd 2014, 01:30am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Coolpad pushes 4G investment to boost phone sales Coolpad, the third-biggest smartphone supplier on the mainland, plans to ramp up investments in 4G mobile technology to boost global handset sales, after posting steady net profit growth on record revenue last year. The firm, formerly known as China Wireless Technologies, aims to expand its international ...

  6. Business - Companies - EARNINGS

    SCMP Group eyes growth as Hong Kong economy improves

    Posted Mar 21st 2014, 01:04am by BIEN PEREZ

    ... strength in the sectors of English-language news, quality lifestyle content and magazines, luxury market infotainment, bespoke events and providing quality media advertising space, and foresee ...

  7. Business - China Business - EARNINGS

    China Mobile's earnings fall 5.9pc, ending 14-year run of profit growth

    Posted Mar 20th 2014, 01:39pm by Sophie Yu

    ... technology," said China Mobile chairman Xi Guohua. The company admitted last year it could only appeal to users with lower prices because "differentials [are] limited in competition and the market ...

  8. Business - Companies - EARNINGS

    OOIL's net profit tumbles 84pc on shipping overcapacity

    Posted Mar 10th 2014, 12:30pm by Charlotte So

    ... Mitsui OSK Lines to consolidate capacity in the intra-Asia trade by sharing cargo space. G6, the shipping alliance to which OOIL belongs, will extend the capacity consolidation to transpacific ...

  9. Business - Banking & Finance - EARNINGS

    BEA beats rivals with impressive financial results

    Posted Mar 10th 2014, 05:59am by KANIS LI

    ... last week when the onshore credit market had its first default after solar company Shanghai Chaori Solar Energy & Technology failed to pay interest due to investors in its bonds. HSBC, Hang ...

  10. Business - Companies - EARNINGS

    New retail strategies spur 23pc jump in Hysan revenue

    Posted Mar 08th 2014, 01:40am by Yvonne Liu

    ... on the mainland is growing and private consumption will be supported by economic growth in Hong Kong. The retail space achieved an average increase of about 50 per cent in rent for renewals last year. ...




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