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  1. Business Digest

    Posted Apr 28th 2006, 12:00am by Staff Reporter

    ... internet portal Sohu.com yesterday said strong advertising revenue and the rebound of mobile value-added services usage helped raise first-quarter net profit 5.2 per cent to US$6 million over a year ago. Revenue increased 32 per cent to US$31.3 million. Advertising revenue was US$20.1 million, up 35 per cent over last year, although it was a slight 1 per cent growth over the previous ...

  2. Now gets down to business with US-style flourish

    Posted Mar 22nd 2006, 12:00am by Staff Reporter

    ... If imitation is the sincerest form of flattery, Richard Li Tzar-kai's new PCCW Now Business News Channel (Now BNC), which started broadcasting two days ago with Chief Executive Donald Tsang Yam-kuen as the guest of honour, is certainly paying the likes of General Electric's CNBC a compliment. Now BNC is like a typical US-based business news channel, operating a live ...

  3. Graphite export decision a boost for US business

    Posted Aug 03rd 2006, 12:00am by Paul Moon, Paul Mooney

    ... of the US business community most concerned about these proposed expanded control regulations is that products proposed for prohibition under US regulations would be available from other international suppliers in the end-user country targeted by US controls,' he said. 'It [Mr Bush's decision] may be somewhat heartening to the business community.' He said ...

  4. US software firm denies claim it bribed bank officials to win business

    Posted Mar 17th 2006, 12:00am by Staff Reporter

    ... Bei Hu FIS executive says lawsuit by Beijing IT consultancy is filled with untruths Fidelity Information Services (FIS), a US banking software supplier, has denied bribing officials at Bank of China (BOC) and China Construction Bank (CCB) to gain business. FIS this month filed a motion with a US district court in Florida to dismiss a suit lodged by Beijing information ...

  5. Hanny sells US consumer business

    Posted Jan 24th 2006, 12:00am by Ken Lo

    ... it was the buyer of the stake on its website, adding that the all-cash transaction priced Memorex at US$330 million, with a further US$45 million to be paid over a period of up to three years depending ... suspended pending an announcement of a substantial transaction. The stock closed at $4 on Friday. Memorex holds shares of 27 per cent and 32 per cent, respectively, in US market sales of DVDs ...

  6. Bankers get busy over surge in deals

    Posted Apr 04th 2006, 12:00am by Staff Reporter

    ... year-ago levels. Equity and equity-related underwriting business was US$20.5 billion in the first three months of the year, up 37.2 per cent from the same period last year, according to Thomson Financial. Initial public offerings accounted for US$9.2 billion of that, with secondary offerings at US$7.8 billion. South Korean firms accounted for most of the business, followed by India, ...

  7. The sky's the limit on this pricey business model

    Posted Sep 16th 2006, 12:00am by Alex Lo

    ... with questionable loyalty. Wow, what a mind-boggling business model! Build unaffordable fighter jets, so the US government can't pay for them. Sell them overseas and then build even more expensive ... with Alex Lo At the risk of being labelled anti-American, I just couldn't help myself commenting on this intriguing item in the business section of The New York Times. It's about ...

  8. HealthCare issues US$15m in shares to US hedge fund

    Posted May 02nd 2006, 12:00am by Charlotte So

    ... Charlotte So China HealthCare Holdings issued US$15 million convertible preference shares to US hedge fund Och-Ziff Capital Management yesterday to pay for upgrading facilities and services at its clinics. Och-Ziff is one of the top 20 hedge funds in the US with assets in excess of US$16 billion. The health-care services provider also entered an agreement yesterday to acquire ...

  9. Closed for business

    Posted May 10th 2006, 12:00am by Staff Reporter

    ... A range of government services, including the licensing of drivers and vehicles and Inland Revenue counter services, will no longer be provided on Saturdays as civil servants switch to a five-day week. Is this the way to go? Write to us ...

  10. Business of change

    Posted Feb 02nd 2006, 12:00am by Staff Reporter

    ... Big firms will step up financial support for, potentially, all political parties in preparation for full democracy, according to a former adviser to the first chief executive. Do you expect party policies to change? Write to us ...




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