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  • November 29, 2014
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  1. 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 ...

  2. Property - Hong Kong & China - DEVELOPERS

    Wanda looks to raise US$6b by listing businesses in Hong Kong

    Posted Oct 30th 2014, 06:17am by Langi Chiang

    ... tomorrow in Kunming, Yunnan province, while seeking to raise up to US$6 billion by listing its core onshore shopping centres and hotel business in Hong Kong. In a prospectus released last month, ... in London, Chicago, Madrid and Australia's Gold Coast in the past two years. Wanda also controls US cinema chain AMC Entertainment Holdings, which raised about US$332 million in an initial ...

  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 ...

  4. Business - China Business - ANALYSIS

    How US businesses arm China with cyberweapons

    Posted Mar 30th 2013, 12:00am by Bloomberg

    ... Alan Tonelson American companies are giving Chinese authorities access to hacking know-how How US businesses arm China with cyberweapons Ten years ago, while visiting International ... to spying, sabotage and theft of business secrets. Paradoxically, the first known victims of China's US-enabled cybercapacities were Chinese citizens. These include dissidents who were tracked ...

  5. Business - Economy

    Unexpected dip in US business activity

    Posted Sep 29th 2012, 12:00am by Bloomberg

    ... Bloomberg in Washington Measure falls below 50 for first time since 2009, as consumer spending barely rises Unexpected dip in US business activity Business activity in the United States ... business barometer fell 49.7 from 53 last month. A reading below 50 indicates contraction. The median estimate of 57 economists surveyed by Bloomberg forecast the gauge would fall to 52.8. ...

  6. 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 ...

  7. 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, ...

  8. Business - China Business - SURVEY

    China is tougher turf for US firms

    Posted Mar 01st 2013, 12:00am by Daniel Ren

    ... for U.S. firms The performance of US businesses in China declined for a second consecutive year in 2012 amid rising labour costs, tougher competition, and a slowing economy. But, a record number ... the world's second-largest economy, remains an investment priority for US businesses owing to the huge size of the market and its fast-growing consumer demand, the survey found. One-fifth ...

  9. Business - Companies - INSURANCE

    AIA’s third quarter new business up 23pc to record US$468m

    Posted Oct 17th 2014, 09:15am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Insurer's mainland China business surges along with strong growth across the region AIA Group, the largest insurer in Hong Kong and second-largest in Asia in terms of market value, reported 23 per cent year-on-year growth in the value of new business (VONB) for the three months ended August 31, reaching a record high of US$468 million. “Substantial ...

  10. 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 ...




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