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  • April 19, 2014
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  1. Business - Banking & Finance - ACQUISITIONS

    DBS buys private banking business of Societe Generale in Singapore and Hong Kong

    Posted Mar 17th 2014, 03:53pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com Purchase of Societe Generale businesses part of a trend to capture new wealth on the mainland DBS snaps up private banking assets DBS, Southeast Asia's largest bank, is paying US$220 million for the private banking business of Societe Generale in Singapore and Hong Kong and selected parts of the French bank's trust business in a trend ...

    http://www.scmp.com/business/banking-finance/article/1450758/dbs-buying-asian-assets-societe-generale-us220m
  2. Business - Money

    Asian markets battered after Wall Street hit by poor US data

    Posted Feb 04th 2014, 11:57am by AFP

    ... Agence France-Presse in Hong Kong Asian markets slumped on Tuesday – led by a four per cent fall in Tokyo – following a huge sell-off on Wall Street as disappointing US manufacturing data compounded already deep fears about emerging markets. Traders were also spooked by a warning from Treasury Secretary Jacob Lew, who warned that the US borrowing limit will be reached on Friday, ...

    http://www.scmp.com/business/money/markets-investing/article/1420554/asian-shares-follow-wall-street-down-after-poor-us
  3. Business - China Business

    Lenovo's IBM deal under US scrutiny

    Posted Apr 05th 2014, 01:07am by BLOOM

    ... States government officials that buying a server unit from International Business Machines Corp will not give China back-door access to US secrets and infrastructure. The wrinkle ... of the matter. Acquisitions of US businesses by Chinese buyers are rising, increasing tension in Washington over Chinese access to US technology. Lenovo, which bought IBM's personal computer ...

    http://www.scmp.com/business/china-business/article/1465089/lenovos-ibm-deal-under-us-scrutiny
  4. Business - Commodities - MINING

    MMG leads group buying Peruvian copper project for US$5.85b

    Posted Apr 14th 2014, 01:33pm by Eric Ng

    ... on US$5.8b deal Shares of state-backed miner MMG jumped after it revealed it was leading a joint venture to buy a copper mining project in Peru for US$5.85 billion, as the acquisition would increase ... yesterday told a teleconference some US$3.5 billion had been spent on the project by the end of last year by Glencore, which estimated US$2.4 billion more is needed until completion in the middle ...

    http://www.scmp.com/business/commodities/article/1482088/us585b-purchase-peruvian-project-makes-mmg-asias-largest-copper
  5. At the helm of a national business icon

    Posted Mar 21st 2014, 05:37pm by Reports by Elaine Deng, Krystin Chu, Stacey Johnson, Khay Inn Poh and Jessica Ryan

    ... interest in defence-related businesses to his extensive background in the military. "The 13 years I dedicated to serving in the Armed Forces enabled me to identify my passion in life- which is creating successful, meaningful businesses," Syed Azman says. "It also instilled in me a deep interest in providing products and services that can help developing nations such as Malaysia ...

    http://www.scmp.com/article/1454119/helm-national-business-icon
  6. Property - Hong Kong & China - DISPOSALS

    PCPD sells Beijing complex to Gaw Capital for US$928m

    Posted Apr 09th 2014, 01:41am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com PCPD sells Beijing complex to Gaw for US$928m Pacific Century Premium Developments, the real estate arm of PCCW, yesterday said it was selling a core Beijing property to Gaw Capital Partners for US$928 million. In an announcement to the stock exchange, PCPD said it had conditionally agreed to sell the centrally located Pacific Century Place Beijing ...

    http://www.scmp.com/property/hong-kong-china/article/1470097/pcpd-sells-beijing-complex-gaw-capital-us928m
  7. News - World - UNITED STATES

    US Health Secretary Kathleen Sebelius resigns in the wake of Obamacare woes

    Posted Apr 11th 2014, 11:59am by Agence France-Presse in Washington

    ... expectations. Obama and top aides spent last week declaring victory over sceptics who argued that the law – the most sweeping US social reform in decades – would never work or that Americans would ... else,” McDonough told the Times. She does hope – all of us hope – that we can get beyond the partisan sniping.” And House Democratic Minority Leader Nancy Pelosi insisted that Sebelius’s “legacy ...

    http://www.scmp.com/news/world/article/1475719/us-health-secretary-kathleen-sebelius-resigns-wake-obamacare-woes
  8. Business - Banking & Finance

    US banks get two more years on risky securities

    Posted Apr 09th 2014, 01:40am by AP

    ... Associated Press in Washington US banks get two more years to conform their holdings of complex and risky securities Deadline on rule compliance extended The Federal Reserve is giving ... will … damage a key source of funding for Main Street businesses" by distorting market prices for the securities, said Kenneth Bentsen, president of the Securities Industry and Financial Markets ...

    http://www.scmp.com/business/banking-finance/article/1470105/us-banks-get-two-more-years-risky-securities
  9. Business - Companies - Executive search

    Changing environment needs new breed of business leaders

    Posted Mar 14th 2014, 11:34am by Enoch Yiu

    ... them develop their business models to match international practice. They would also like us to identify talents who know the international market and at the same time understand the local ... of business leaders needed not only knowledge but the skills to identify risk and business trends quickly to handle the new regulatory and technological challenges and scrutiny from social media. ...

    http://www.scmp.com/business/article/1448434/changing-environment-demands-new-breed-business-leaders
  10. News - World - MIDDLE EAST

    US presses on with attempts to rescue Middle East talks

    Posted Apr 08th 2014, 10:33am by Reuters in Jerusalem

    ... Reuters in Jerusalem US-brokered peace talks between Israeli's and Palestinians appeared at stalemate on Monday despite Washington's efforts to advance negotiations US efforts ... The US-brokered negotiations plunged into crisis last week after Israel, demanding a Palestinian commitment to continue talking after the end of the month, failed to carry out a promised release of about ...

    http://www.scmp.com/news/world/article/1468726/us-presses-attempts-rescue-middle-east-talks

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