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  • July 31, 2014
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  1. Business - Companies - SURVEY

    More Chinese firms on Fortune Global 500, but profits trail US counterparts’

    Posted Jul 09th 2014, 02:56pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Fortune Global 500 features 91 mainland firms, with Sinopec at No 3, but profits lag US peers More Chinese companies enter world rankings More Chinese companies than ever before made it on to the latest Fortune Glo ...

    http://www.scmp.com/business/companies/article/1550317/more-chinese-firms-fortune-global-500-profits-trail-us
  2. Business - Companies - AVIATION

    Airbus to test-run newest passenger aircraft in Hong Kong

    Posted Jul 30th 2014, 01:25am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Wide-body A350 jet to check performance in hot and humid weather in return trips to Singapore, the biggest buyer of the model in Asia Airbus to test-run newest passenger aircraft in HK Hong Kong is helping test the world's newest passenger plane as Airbus' A350 arrives for a series of trial flights, the final step before the aircraft ...

    http://www.scmp.com/business/companies/article/1562210/airbus-test-run-newest-passenger-aircraft-hong-kong
  3. Business - Banking & Finance

    New Zealand central bank puts rates on hold after run of increases

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Reuters in Wellington Reserve Bank raises key interest rate to3.5 per cent, spurring fall in NZ dollar NZ rates seen on hold after latest rise New Zealand's central bank lifted its official cash rate by 25 basis points to 3.5 per cent as expected yesterday, but then suspended its rapid-fire run of interest rate rises to study their impact on the economy. It was the Reserve ...

    http://www.scmp.com/business/banking-finance/article/1558533/new-zealand-central-bank-puts-rates-hold-after-run
  4. Business - Companies - TRANSPORT

    MTR lands £1.4b contract to run London Crossrail

    Posted Jul 19th 2014, 03:42am by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Hong Kong company beats three rival bids to operate new railway system for up to 10 years MTR wins £1.4b contract to run London Crossrail The MTR Corp has landed a £1.4 billion (HK$18.5 billion) contract to run the Crossrail train line that is being built across London. It won the deal just two days after announcing that chief executive Jay Walder ...

    http://www.scmp.com/business/companies/article/1556587/mtr-lands-ps14b-contract-run-london-crossrail
  5. Business - Comment - MONEY MATTERS

    Reform move for state enterprises runs up against old obstacles

    Posted Jul 19th 2014, 01:55am by Shirley Yam

    ... Shirley Yam Absence of a clear policy for pilot programme suggests enterprises will still be subject to party meddling and struggle to attract talent Reform move for state firms runs up against old obstacles Beijing has finally unveiled a pilot programme to reform state-owned enterprises. The general buzz over the initiative notwithstanding, the only point of interest ...

    http://www.scmp.com/business/article/1556564/reform-move-state-enterprises-runs-against-old-obstacles
  6. Business - Comment - THE VIEW

    So you want to run a restaurant?

    Posted Jul 16th 2014, 12:12pm by Stephen Vines

    ... at these obstacles as challenges, not barriers- at least that's the theory. Stephen Vines runs companies in the food sector and moonlights as a journalist and broadcaster ...

    http://www.scmp.com/business/article/1555307/so-you-want-run-restaurant
  7. Business - Money

    Chart of the day: Equity sentiment gap narrows

    Posted Jul 21st 2014, 11:50pm by David McBain

    ... trailing price-earnings ratio. Meanwhile, Asian growth remains the strongest of any region. Expect the sentiment gap between Asia ex-Japan and the US to start to close. David McBain is a strategist ...

    http://www.scmp.com/business/money/markets-investing/article/1557089/chart-day-equity-sentiment-gap-narrows
  8. Business - Money - FUNDS

    MPF returns of 1.18 pc slowest in three months, trailing HSI's 3pc

    Posted Dec 04th 2013, 05:27am by Enoch Yiu

    ... reported their slowest growth in three months last month, with returns trailing the performance of the benchmark Hang Seng Index. The 456 MPF funds reported an average return of 1.18 per cent last ... year was not optimistic amid fears of interest rate rises in the US and Hong Kong. In contrast, he said the stock markets in Hong Kong, Japan and the US should continue their good run from ...

    http://www.scmp.com/business/money/markets-investing/article/1372264/mpf-returns-118-pc-slowest-three-months-trailing
  9. Business - Comment - JAKE'S VIEW

    Housing Authority must raise public housing rents or run out of money

    Posted Jul 08th 2014, 12:45am by Jake Van Der Kamp

    ... Jake van der Kamp Housing Authority will run out of money if it continues building flats without raising rents that are already among the lowest in urban world High time we stopped paying ... at the moment, the Housing Authority will inevitably run through the money if it continues to stick its head in the sand. The facts are simple. Taking into account the regular rent rebates of recent ...

    http://www.scmp.com/business/article/1549258/housing-authority-must-raise-public-housing-rents-or-run-out-money
  10. Business - Banking & Finance

    Lawmakers want government to run MPF low-cost core funds

    Posted Jul 08th 2014, 01:54am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Government should run low-cost core fund, say legislators, who are wary of providers Lawmakers do not trust industry on MPF reform Lawmakers have strongly criticised the pension regulator for failing to protect employees as they believe the reform proposal for a low-fee core fund option should be run by the government instead of it being handed over ...

    http://www.scmp.com/business/banking-finance/article/1549244/lawmakers-want-government-run-mpf-low-cost-core-funds

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