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  • September 15, 2014
  • Last updated: 12:11pm
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  1. News - China

    Hagel to broach topic of cyber threats with Chinese

    Posted May 31st 2013, 11:11am by Associated Press aboard a US Aircraft

    ... Associated Press aboard a US Aircraft Defence Secretary Chuck Hagel will meet with members of a Chinese delegation this weekend and likely talk about ongoing cyberthreats amid new reports ... Hagel said that the US must find ways to work with the Chinese and other countries to develop rules of the road and a better understanding among nations for the use of cyber. “These are issues ...

    http://www.scmp.com/news/china/article/1250363/hagel-broach-topic-cyber-threats-chinese
  2. Business - Economy - OUTLOOK

    US growth steady as businesses more optimistic, says new Fed survey

    Posted Sep 04th 2014, 10:56am by AFP

    ... Agence France-Presse in Washington The United States economy is growing steadily with little sign of change of pace, but businesses are generally more optimistic about the future, ... and real estate and construction weakness in half of the Fed’s 12 districts. It said the service industry, excluding banks, reported improving business, but manufacturing was more mixed. However, ...

    http://www.scmp.com/business/economy/article/1584948/us-growth-steady-businesses-more-optimistic-says-new-fed-survey
  3. Business - Banking & Finance

    Fed pushing for biggest US banks to shrink

    Posted Sep 10th 2014, 09:21am by Associated Press

    ... Associated Press in Washington The Federal Reserve is pushing the biggest US banks to shrink so that they are less of a risk to the financial system. In testimony at a Senate hearing ... That could push them to cut their risk and become less risky to the system. They would have an incentive to shed businesses and get smaller because otherwise they’d have to set aside more capital. ...

    http://www.scmp.com/business/banking-finance/article/1589184/fed-pushing-biggest-us-banks-shrink
  4. Comment - Insight & Opinion

    Chinese entrepreneurs will lead the next revolution in global business

    Posted Sep 15th 2014, 04:20am by EDWARD TSE

    ... Edward Tse Edward Tse believes the complex and dynamic Chinese economy is a forerunner of how global business will evolve, and its dare-to-fail entrepreneurs will be the standard-bearers ... in China today, a staggering-sounding number, but not when you compare this to the total number of businesses. In 2013, the country had more than 12 million private companies and more than 42 ...

    http://www.scmp.com/comment/insight-opinion/article/1591035/chinese-entrepreneurs-will-lead-next-revolution-global
  5. Business - Companies - INVESTMENT

    Li Ka-shing charges into aircraft-leasing business

    Posted Sep 11th 2014, 10:22am by Peggy Sito, Reuters

    ... Peggy Sito and Reuters Cheung Kong in talks to form joint venture with MC Aviation Partners and buy 100 planes from AWAS Aviation Capital for US$5 billion Li makes push into aircraft ... In a further step to diversifying his investments and business risk, Li is reportedly aiming to buy his way into the global aircraft leasing business. Cheung Kong (Holdings), of which Li ...

    http://www.scmp.com/business/companies/article/1590000/li-ka-shing-charges-aircraft-leasing-business
  6. News - China - ECONOMY

    Li Keqiang leaves world business leaders disappointed at Tianjin economic forum

    Posted Sep 10th 2014, 11:40pm by Victoria Ruan

    ... leaves world business leaders disappointed Premier Li Keqiang failed to offer global business leaders any fresh solutions to the Chinese economy's slowing growth in his opening remarks ... by failing to offer any new ideas for dealing with a deepening property market slowdown or tackling funding bottlenecks for businesses. Many participants left the conference room halfway through ...

    http://www.scmp.com/news/china/article/1589707/li-keqiang-fails-outline-new-steps-boost-economy-summer-davos-forum
  7. Business - China Business - TRAVEL

    China to knock US off the world's business travel top spot

    Posted Jul 29th 2014, 01:26am by BLOOM

    ... Bloomberg China's increasing pace of exports and slowing inflation are contributing to market expansion China to knock US off the business travel top spot China is poised to displace the US as the world's biggest business-travel market by 2016, aided by accelerating export growth and slowing inflation. Spending worldwide for business travel will climb 6.9 per cent ...

    http://www.scmp.com/business/china-business/article/1561409/china-knock-us-worlds-business-travel-top-spot
  8. Business - Banking & Finance - FINANCE

    HSBC pays US$550m to settle US claims over mortgage-backed securities

    Posted Sep 14th 2014, 06:35am by AP

    ... Associated Press in Washington Pay-out resolves claims bank misled America's Fannie Mae, Freddie Mac on mortgage securities HSBC agrees to settlement of US$550 million HSBC has agreed to pay US$550 million to resolve claims the bank misled US government housing corporations Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the US housing market ...

    http://www.scmp.com/business/banking-finance/article/1591986/hsbc-pays-us550m-settle-us-claims-over-mortgage-backed
  9. Business - Companies

    Chow Tai Fook buys US diamond business Hearts on Fire for US$150m

    Posted Jun 19th 2014, 12:55am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Top jeweller pays US$150m for US label Hearts On Fire, with shares surging on deal Chow Tai Fook buys diamond business Jeweller Chow Tai Fook is buying US ... of US$104.8 million last year, up 5.5 per cent from US$99.3 million in 2012. The company did not disclose earnings, but it is understood the business is profitable, CLSA head of consumer research ...

    http://www.scmp.com/business/companies/article/1535819/chow-tai-fook-buys-us-diamond-business-hearts-fire-us150m
  10. Business - Banking & Finance - BANKING

    Pressure builds within US Federal Reserve to signal new policy course

    Posted Aug 25th 2014, 09:54am by Reuters

    ... Reuters in Jackson Hole, Wyoming Improved economic data and growing anxiety over low interest rates have set stage for US central bank to look at rewriting policy statement Pressure on Fed to adjust policy course Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the US economy and lay the groundwork ...

    http://www.scmp.com/business/banking-finance/article/1580504/pressure-builds-within-us-federal-reserve-signal-new-policy

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