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  1. Sinotrans units rise on news of state cash aid

    Posted Aug 14th 2009, 12:00am by Charlotte So

    ... with Changjiang Shipping Corp, a model for Beijing's effort to reduce the number of major state-owned firms. Shares in Sinotrans Shipping rose 7.98 per cent to HK$4.06 yesterday. Sinotrans Ltd closed ... yesterday, quoting an unnamed source. The merger of the two state-owned firms received the approval of the State-owned Assets Supervision and Administration Commission in December last year, although ...

  2. More land, more tax may curb prices, experts say

    Posted Aug 19th 2010, 12:00am by Paggie Leung

    ... Paggie Leung The government should hold regular land sales and increase stamp duty or profits tax on speculators' gains, property experts say. They were speaking after land sales on Tuesday produced winning bids well above the most optimistic estimat ...

  3. CIC predicts further downside for US dollar

    Posted Dec 09th 2008, 12:00am by Staff Reporter

    ... China Investment Corp, the country's US$200 billon sovereign wealth fund, predicts the US dollar will resume its downward spiral after a brief rebound. CIC president Gao Xiqing said the dollar's strength was temporary and was caused by people ar ...

  4. Lai See

    Posted Jun 26th 2009, 12:00am by Ben Kwok

    ... Ben Kwok It's not just the hoi polloi feeling the impact of recession The majority of us eat more often at Cafe de Coral than Gaddi's and use more minibuses than cabs these days, but how has the recession hit the super-rich? Thanks to the 13th W ...

  5. Read between the tax-friendly lines

    Posted May 13th 2009, 12:00am by Richard Warren

    ... Richard Warren Taxes, laws, languages and openness to foreign property buyers vary widely across the Caribbean. Among the most tax friendly and welcoming to overseas buyers is the British colony of the Turks and Caicos Islands. Foreigners can buy homes an ...

  6. Agile raises sales target to 16b yuan on upbeat outlook

    Posted Apr 15th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Agile Property Holdings plans to increase its sales target 38 per cent to 16 billion yuan (HK$18.15 billion) this year, believing that the mainland property market has stabilised in recent months. The developer yesterday reported net profit for ...

  7. Langham Place helps Champion Reit double gains

    Posted Mar 13th 2009, 12:00am by Staff Reporter

    ... for HK$12.5 billion in May last year, almost doubling its portfolio to 2.85 million square feet and helping diversify its income stream. However, as the trust issued new units to finance the purchase, distribution per unit for last year dropped 5.86 per cent to 31.98 HK cents from 33.97 HK cents. Gearing also climbed 9.1 percentage points to 36 per cent at the end of last year because of falling ...

  8. Country Garden still upbeat on sales target after earnings decline 28.5pc

    Posted Aug 13th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Country Garden Holdings, the mainland developer with the largest land bank, remains confident of meeting its annual sales target of 32 billion yuan (HK$36.49 billion) although it only reached one-third of that in the first half of the year. The ...

  9. Lenovo unit to focus on smartphones and tablets

    Posted Jan 19th 2011, 12:00am by Staff Reporter

    ... United States campus in Raleigh, North Carolina. Since Hong Kong-listed Lenovo acquired the personal computer business of IBM in 2005, it has maintained two corporate headquarters in Beijing ... Bien Perez Mainland computer giant Lenovo Group plans to sharpen its focus on smartphones and media tablets through a new business unit that will be responsible for mobile internet ...

  10. US fines PPG unit for export to Pakistan

    Posted Dec 23rd 2010, 12:00am by Staff Reporter

    ... Bien Perez The United States government has imposed US$3.75 million in fines against a mainland subsidiary of PPG Industries, a global supplier of paints and coatings, for illegally ... of nuclear power plants. PPG Paints Trading was found to have falsely stated in its purchase orders for the shipments in question that its coatings were to be used at a nuclear power plant in China, ...




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