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  • July 14, 2014
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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 - Commodities - COMMODITIES

    Macquarie takes full control of US terminals business

    Posted Jul 09th 2014, 05:20am by Bloomberg

    ... Bloomberg in Sydney Australian group buys rest of firm it does not already own as it eyes commodities expansion Macquarie takes controlof US terminals business Macquarie agreed to take full control of a US bulk liquid terminals operation as Australia's largest investment bank expands its commodities and North American businesses. Macquarie Infrastructure, which owns ...

    http://www.scmp.com/business/commodities/article/1549937/macquarie-takes-full-control-us-terminals-business
  3. 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
  4. Business - Economy - ANALYSIS

    US businesses count cost of climate change in new report

    Posted Jun 26th 2014, 01:07am by AP

    ... Associated Press in New York Study highlights the billions of dollars which US regional economies will lose in global warming US businesses count cost of climate change in new report ... the businesses and industries that drive each region's economy. The US Northeast will likely be most affected by sea level rise, which will cost an additional US$6 billion to US$9 billion ...

    http://www.scmp.com/business/economy/article/1540566/us-businesses-count-cost-climate-change-new-report
  5. News - World - GERMANY

    As German rift with US over spying widens, Berlin reviews IT procurement rules

    Posted Jul 14th 2014, 09:14pm by BLOOM

    ... foreign intelligence services. Another espionage suspect worked at the Defence Ministry, according to Spiegel Online. Even before the latest row, US business was being hurt by revelations about ... and services as a political rift with the US widens. Any tightening of procurement procedures could affect US technology companies such as IBM, Cisco Systems and Microsoft as they vie for government ...

    http://www.scmp.com/news/world/article/1554176/german-rift-us-over-spying-widens-berlin-reviews-it-procurement-rules
  6. Comment - Insight & Opinion

    US charges of PLA hacking likely to hurt rather than protect American business

    Posted Jun 16th 2014, 03:03am by Donald Gasper

    ... Donald Gasper Donald Gasper says scrapping of Westinghouse deal would be no bad thing, given safety concerns US charges of PLA hacking likely to hurt rather than protect American business Last month, the US Department of Justice launched a highly publicised indictment against five employees of the People's Liberation Army, accusing them of cyberhacking to steal US ...

    http://www.scmp.com/comment/insight-opinion/article/1531716/us-charges-pla-hacking-likely-hurt-rather-protect-american
  7. News - China - DIPLOMACY

    John Kerry warns China about hacking's 'chilling' effect on business

    Posted Jul 11th 2014, 04:36am by AFP, AP, Reuters, Teddy Ng

    ... Agencies in Beijing and Washington and Teddy Ng US secretary of state says computer attacks have a chilling effect on business while Beijing insists it is also a victim of hacking Kerry warns about hacking threat US Secretary of State John Kerry yesterday denounced the "chilling effect" of internet hacking on American businesses as he wrapped up two days of high-level ...

    http://www.scmp.com/news/china/article/1551489/john-kerry-warns-china-about-hackings-chilling-effect-business
  8. News - China - COURT BATTLE

    Foreign business investigators prosecuted for acquiring personal data illegally

    Posted Jul 14th 2014, 03:52pm

    ... Alice Yan ting.yan@scmp.com A British national and his Chinese wife, working for GlaxoSmithKline, become the first foreign defendants since the law took effect in 2009 Two foreign business ... who holds a US passport, were arrested by Shanghai police last July amid the mainland authorities’ investigation against GSK, which was accused of funneling up to three billion yuan (HK$3.8 ...

    http://www.scmp.com/news/china/article/1554027/foreign-business-investigators-prosecuted-acquiring-personal-data
  9. News - World - TECHNOLOGY

    Tech chiefs meet Obama over fears NSA spying row hurting business

    Posted Mar 23rd 2014, 05:53am by WASHPOST

    ... The Washington Post Meeting fails to placate executives, including Zuckerberg, who fear NSA is hurting business Obama seeks to allay tech chiefs' spying fears US President Barack ... which are battling allegations that American firms are more vulnerable to US government spying and pay insufficient attention to consumer privacy. While the White House presented the session ...

    http://www.scmp.com/news/world/article/1454902/tech-chiefs-meet-obama-over-fears-nsa-spying-row-hurting-businesss
  10. Business - Companies

    Businesses in city 'must plan ahead' to limit damage from rising sea levels, experts say

    Posted Jul 07th 2014, 05:26am by Benjamin Robertson

    ... as predicted? The city's rugged coastline and high sea walls offer some protection but government and businesses cannot be complacent from the threat of stronger typhoons and accompanying storm ... and Development Department, and a report was expected by early next year. In a 2012 report, the Hong Kong Business Environment Council, a corporate-sponsored think tank, recommended a "first ...

    http://www.scmp.com/business/companies/article/1548220/businesses-city-must-plan-ahead-limit-damage-rising-sea-levels

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