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  • September 19, 2014
  • Last updated: 2:47pm
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  1. Business - Companies - FUNDRAISING

    West China Cement offers lower coupon rate on US$400m bond

    Posted Sep 05th 2014, 10:22am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com West China Cement has raised US$400 million in a five-year bond deal with proceeds intended to refinance the same amount of debt. With an order book of US$4 billion from 260 institutional accounts, the latest bond deal offered investors a coupon rate of 6.5 per cent, compared with 7.5 per cent on the previous five-year bond that matures in 2016, ...

  2. Revamped MBA asks students to challenge rules of global business

    Posted Aug 08th 2014, 10:39am

    ... JOHN CREMER With the drivers and dynamics of international business subject to constant change, it is not enough for MBA programmes to teach the techniques and thinking which underpin ... of the curve. “We wanted to ‘future-proof’ our MBA and to ensure the programme really does fulfil the needs of today’s students working in a challenging and evolving business environment,” says Dr Dana ...

  3. Business - Economy - JOBS

    US economy beats estimate with 4.2pc growth

    Posted Aug 29th 2014, 09:27am by AP

    ... followed its initial estimate of 4 per cent. The upward revision reflected stronger business investment than first thought. The seasonally adjusted 4.2 per cent annual growth rate for gross ... in the current July-September quarter and for the rest of the year. The government’s upwardly revised estimate of business investment last quarter showed capital spending growing at an annual rate of 8.4 ...

  4. Business - Companies - EARNINGS

    PCCW eyes new investments as core businesses post steady gains

    Posted Aug 07th 2014, 05:46am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Core businesses post steady gains, with strong contribution from HKT following CSL takeover PCCW eyes new investments after 24pc income rise PCCW, ... on strong contribution from telecommunications arm HKT and steady growth at its technology solutions business. Consolidated interim revenue rose 10 per cent to HK$14.664 billion from HK$13.314 ...

  5. News - Hong Kong

    Poison and big business: Jimmy Lai's private life thrust into the spotlight in leaked files

    Posted Jul 23rd 2014, 09:15am by Joyce Ng and Fanny W. Y. Fung

    ... Joyce Ng and Fanny W. Y. Fung Aspects of both the business and the private lives of Jimmy Lai Chee-ying are outlined in files leaked to the media. They include a suspicious food poisoning incident and big businesses pulling ads from his newspaper, allegedly under political pressure. The  Apple Daily  boss declined to confirm whether all the files were true records and said he would ...

  6. Business - Banking & Finance - FUNDRAISING

    Aluminium firm Hongqiao to raise US$200m in placement

    Posted Sep 04th 2014, 11:05am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com China Hongqiao Group, a manufacturer of aluminium products, is marketing a top-up placement issue, raising US$200 million to repay existing debt. The Hong ... according to a term sheet seen by the South China Morning Post. If the offering is well received, the company has the option to issue a further 62.6 million shares, bringing the deal size to US ...

  7. Business - Companies - COMPUTERS

    Lenovo on track for growth as US regulators approve IBM deal

    Posted Aug 18th 2014, 04:01am by BIEN PEREZ

    ... way to building a new US$5-billion-a-year business, after United States regulators gave the go-ahead to its acquisition of IBM's low-end server division. That US$2.3 billion deal ... to March," Lai said. Yang Yuanqing, the chairman and chief executive of Lenovo, has said that the firm's US$2.91 billion takeover of Google's Motorola Mobility business is also expected ...

  8. News - Hong Kong - FOOD

    Hong Kong bans Taiwan firm's 'gutter oil' products; 300 businesses involved

    Posted Sep 15th 2014, 06:29am by TIMMY SUNG

    ... 300 businesses involved The government yesterday banned the import, sale and supply of all lard and lard products made after March 1 by the Taiwanese firm at the centre of the "gutter ... business at local restaurants. He said about 70 per cent of the lard that bakeries used in Hong Kong came from Taiwan. If they were to replace it with oil from the Netherlands it would be much more ...

  9. Comment - Insight & Opinion

    Amid all the 'us or them' talk, no prizes for guessing the outcome of our political reform debate

    Posted Sep 01st 2014, 03:40am by Alice Wu

    ... Alice Wu Alice Wu says with the electoral reform debate continuing in this 'us versus them' vein, Hong Kong can give up hope of progress Pain of stasis There is little doubt ... race or nations. And if we agree with historian David Cannadine, our ancestors set things up by creating mutually exclusive and antagonistic identities that have brought us- their future ...

  10. Business - Companies - INVESTMENT

    Warburg Pincus to invest US$700m in Huarong Asset Management

    Posted Sep 04th 2014, 01:09am by BLOOM

    ... Bloomberg Warburg Pincus is paying almost US$700m for the biggest chunk of a stake in the bad-loan manager sold to an investor group, sources say U.S. buyout firm moves in for Huarong stake Warburg Pincus will invest close to US$700 million in China Huarong Asset Management, people with knowledge of the matter said, in the biggest investment in the nation's financial ...




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