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  • July 13, 2014
  • Last updated: 11:02am
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  1. News - Asia - WILDLIFE

    Thailand warned it faces international sanctions over illegal ivory trade

    Posted Jul 13th 2014, 06:06am by AFP

    ... Agence France-Presse in Geneva Thailand warned over ivory trade Thailand faces an international wildlife trade ban unless it reins in its ivory sector, which is a magnet for traffickers, said the governing body of the Convention on the International Trade in Endangered Species. "There have been years without any real action on the ground when it comes to controlling ...

    http://www.scmp.com/news/asia/article/1552939/thailand-warned-it-faces-international-sanctions-over-illegal-ivory-trade
  2. Business - Economy - TRADE

    Big trade gap puts pressure on yuan

    Posted Jul 10th 2014, 10:52am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Mainland June exports miss market growth target as imports rebound, leaving a surplus large enough to push for a stronger currency Big trade gap puts pressure on yuan The mainland's trade performance improved last month but missed market expectations, with the trade surplus running at a level where it could add pressure ...

    http://www.scmp.com/business/economy/article/1550927/chinas-export-growth-falls-short-expectations-imports-rebound
  3. News - World

    US sentences ‘greedy’ chemical engineer to 15 years in prison for selling trade secrets to China

    Posted Jul 11th 2014, 11:19am

    ... Associated Press in Oakland, California Naturalised US citizen Walter Liew also fined US$28 million after stealing DuPont’s pigment technology in rare conviction for economic espionage A US federal judge on Thursday sentenced a California chemical enginee ...

    http://www.scmp.com/news/world/article/1551798/us-sentences-greedy-chemical-engineer-15-years-prison-and-us28-million
  4. Business - Commodities - COMMODITIES

    Finnish firm granted trading licences for Chinese emissions schemes

    Posted Jul 10th 2014, 04:55am by Reuters

    ... Reuters in Beijing Finnish firm to trade in Chinese carbon schemes Finnish carbon trading firm Greenstream has been granted licences to operate in three of the mainland's pilot ... trading scheme is launched sometime before 2020. Banks and trading houses that have invested billions of dollars in the European market are now looking to be early participants ...

    http://www.scmp.com/business/commodities/article/1550635/finnish-firm-granted-trading-licences-chinese-emissions-schemes
  5. Business - Economy

    Regional trade deals can advance integration of economies

    Posted Jul 09th 2014, 12:38pm by PATRICK LOW

    ... to go for trade deals Politics has a habit of getting in the way of business- and negotiations on a clutch of major regional free-trade deals prove the point. Three so-called ... and benefits of mega-regionals must be tempered by political economy considerations. And on the face of it, the exclusionary character and trade-cost-raising tendencies of mega-regionals make them ...

    http://www.scmp.com/business/economy/article/1550233/regional-trade-deals-can-advance-integration-economies
  6. Business - Banking & Finance - BANKING

    Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

    Posted Jul 08th 2014, 11:58am by George Chen, Jeanny Yu

    ... George Chen and Jeanny Yu Key trade-zone permits elude foreign banks Ten foreign banks have opened subsidiaries in the Shanghai free-trade zone, but none has obtained a key permit ... to be able to freely convert and transfer capital between overseas accounts and free-trade accounts (FTAs), which the central bank will treat as offshore accounts. Banks in the zone must apply ...

    http://www.scmp.com/business/banking-finance/article/1549490/lack-permit-stalls-ability-foreign-banks-ftz-branches
  7. Business - Banking & Finance - BANKING

    Banks rush to open branches before Shanghai free-trade zone anniversary

    Posted Jul 08th 2014, 01:54am by George Chen

    ... George Chen george.chen@scmp.com More branches, including first privately owned bank, set to open in Shanghai free-trade zone Lenders rush in before FTZ's first anniversary The Shanghai free-trade zone, the mainland's first such economic experiment modelled on Hong Kong's free port system, is set to see a wave of new bank openings before its first anniversary, ...

    http://www.scmp.com/business/banking-finance/article/1549229/banks-rush-open-branches-shanghai-free-trade-zone
  8. Monex redefines online trading with global, multimarket access

    Posted Jul 08th 2014, 03:46pm by Reports by Stacey Johnson, Christina Liedke and Jessica Ryan

    ... Reports by Stacey Johnson, Christina Liedke and Jessica Ryan A trailblazer in online trading- from creating the original night-time trading platform to providing the first 100-currency-denominated World Bank Notes- Monex Group is now paving the way for seamless global, multimarket trading. "In much the same way as online trading has enabled even the smallest retail investor ...

    http://www.scmp.com/article/1549625/monex-redefines-online-trading-global-multimarket-access
  9. Business - Economy

    Shanghai plans free-trade zone tax incentive to encourage private equity

    Posted Jul 08th 2014, 01:54am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Shanghai tax incentive to benefit private equity Shanghai's free-trade zone plans to roll out a tax incentive to encourage outbound investment by private equity funds. Dai Haibo, an executive deputy director of the zone's administrative committee, said yesterday that the rule would be drawn up at the end of this year as part ...

    http://www.scmp.com/business/economy/article/1549230/shanghai-plans-free-trade-zone-tax-incentive-encourage-private
  10. News - Hong Kong - ARCHAEOLOGY

    Pottery found at To Kwa Wan shows city was trading hub back in Song dynasty

    Posted Jul 06th 2014, 05:02am by FANNY W.Y. FUNG

    ... previously unearthed in other parts of China and Asia, he concluded that they were makes from Guangdong, Fujian, Zhejiang and Jiangxi. The discoveries provided evidence of Hong Kong's trade with these four areas, he said. Products for everyday use- including bowls and jars- and for burial, religious ceremonies and trade were identified in the find. "It has been documented that Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1547652/pottery-found-kwa-wan-shows-city-was-trading-hub-back-song-dynasty

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