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  1. News - Hong Kong - POLITICS

    Jimmy Lai paid Paul Wolfowitz US$75,000 for help in Myanmar

    Posted Jul 23rd 2014, 04:01am by ALEX BOOKBINDER, Patrick Boehler

    ... government officials to conduct his business. Wolfowitz and Lai have been friends since the latter became chairman of the US Taiwan Business Council in 2008, an aide to Lai said before the leak. It remains unclear what services the former World Bank president provided to Lai. Wolfowitz continues to head the US Taiwan Business Council and is a scholar at the American Enterprise Institute, ...

    http://www.scmp.com/news/hong-kong/article/1557390/jimmy-lai-paid-paul-wolfowitz-us75000-help-myanmar
  2. Business - Economy - US Debt Crisis

    IMF’s Lagarde hails end to US shutdown

    Posted Oct 17th 2013, 11:21am by AFP in Washington

    ... Agence France-Presse in Washington Christine Lagarde, managing director of the International Monetary Fund, welcomes end to US government shutdown and raising of debt ceiling The head of the International Monetary Fund welcomed a last-ditch vote on Wednesday in the US Congress to end a government shutdown and raise the government’s debt ceiling. IMF Managing Director Christine Lagarde ...

    http://www.scmp.com/business/economy/article/1333526/imfs-lagarde-hails-end-us-shutdown
  3. News - Hong Kong - DEVELOPMENT

    New town in northeast New Territories threatens businesses and jobs

    Posted Jul 07th 2014, 05:43am by Olga Wong

    ... Olga Wong olga.wong@scmp.com New town in northeast NT will condemn businesses, as well as squatters, to an uncertain fate There goes the livelihood If a new town is built in Kwu Tung in the northeast New Territories, bulldozers will not just raze hundreds of metal and concrete squatter homes. They will also destroy businesses and factories, including one run by James Pong Yuen-shin. ...

    http://www.scmp.com/news/hong-kong/article/1548174/new-town-northeast-new-territories-threatens-businesses-and-jobs
  4. Business - Companies - INNOVATION

    Industry innovation must extend to business models

    Posted Jul 05th 2014, 01:51am by Karan Girotra and Serguei Netessine

    ... and reach US$5 billion in sales in just three years. Another example of business model innovation comes from Alibaba. Unlike US internet marketplaces such as eBay, Amazon and others that have ... Karan Girotra and Serguei Netessine A practice that was successful 10 years ago may have become obsolete now because of evolving technology and changing customer tastes Business model ...

    http://www.scmp.com/business/companies/article/1547005/industry-innovation-must-extend-business-models
  5. Business - Money - MARKETS

    Taiwan solar stocks slump after US calls for raised duties

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

    ... Bloomberg Taiwan solar stocks fall after US raises duties Taiwanese solar stocks led by Motech Industries fell after the US proposed expanded penalties on solar energy imports in a victory for the US unit of SolarWorld, which accused mainland China of shifting production to Taiwan after it lost an earlier case. Motech, Taiwan's biggest solar-cell producer, slumped 6.9 per cent ...

    http://www.scmp.com/business/money/markets-investing/article/1561395/taiwan-solar-stocks-slump-after-us-calls-raised
  6. Business - Commodities - COURTS

    Citic Resources sues Qingdao Port for US$108m compensation

    Posted Jul 29th 2014, 02:34pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Mainland firm demands return of metals held by authorities as part of fraud probe into port Citic sues Qingdao Port for US$108m compensation Citic Resources has filed a lawsuit against Qingdao Port International, demanding US$108 million in compensation if its fails to deliver base metals retained by the authorities as part of the fraud ...

    http://www.scmp.com/business/commodities/article/1561801/citic-resources-suing-qingdao-port-over-detained-metals
  7. Business - Commodities - DIVESTMENTS

    JPMorgan sells physical commodities business for US$3.5b

    Posted Mar 20th 2014, 10:28am by AP

    ... Associated Press in New York JPMorgan Chase said on Wednesday it had made a deal to sell its physical commodities business for US$3.5 billion as regulators weigh whether to restrict banks’ ability to control power plants, warehouses and oil refineries. If it’s approved by regulators, the deal would put the commodities business in the hands of energy and commodities trading company ...

    http://www.scmp.com/business/commodities/article/1453014/jpmorgan-sells-physical-commodities-business-us35b
  8. Business - Commodities

    Cheap Iranian oil hurts US crude export prospects

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

    ... Reuters in Singapore Cheap Iran oil hits US export prospects The US faces an awkward rival in its first attempts in 40 years to export crude oil- Iran. Iran, whose economy has been ... to the world's top energy consumer. While buyers in Japan and South Korea have been willing to try a US grade of the super-light crude known as condensate, the mainland has already locked in annual ...

    http://www.scmp.com/business/commodities/article/1561390/cheap-iranian-oil-hurts-us-crude-export-prospects
  9. Business - Banking & Finance - REGULATION

    Lloyds fined £218m by US and UK regulators over Libor manipulation

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

    ... Bloomberg in London Deal is reached with British and US regulators over traders' actions described as 'a gross breach of trust' by London-based bank's chairman Lloyds ... States regulators after manipulating benchmark interest rates. The lender will pay US$105 million to the Commodity Futures Trading Commission (CTFC), US$86 million to the Department of Justice ...

    http://www.scmp.com/business/banking-finance/article/1561410/lloyds-fined-ps218m-us-and-uk-regulators-over-libor
  10. News - Hong Kong - TRAVEL

    US passports, visas face delays worldwide as system crashes

    Posted Jul 25th 2014, 03:42am by Lana Lam

    ... Lana Lam lana.lam@scmp.com US passports, visas face delays as system crashes A major computer glitch has crashed the United States' global system for processing passports and visas, with delays expected to hit applicants across the world. But it remains unclear what impact the problems will have in Hong Kong. A spokesman for the US consulate in Hong Kong said the technical ...

    http://www.scmp.com/news/hong-kong/article/1558408/us-passports-visas-face-delays-worldwide-system-crashes

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