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  • April 24, 2014
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  1. 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. ...

    http://www.scmp.com/business/economy/article/1049846/unexpected-dip-us-business-activity
  2. News - World - MIDDLE EAST

    US ‘disappointed’ by unity deal between Palestinian factions

    Posted Apr 24th 2014, 11:31am by Reuters in Washington

    ... Reuters in Washington Washington says deal between Hamas and PLO could make peace efforts more difficult and threatens delivery of US$500 million in aid to the Palestinian authorities ... with a government that does not believe in its right to exist.” Republican US Representative Kay Granger The leaders of a US House of Representatives appropriations subcommittee that oversees foreign said ...

    http://www.scmp.com/news/world/article/1495730/us-disappointed-unity-deal-between-palestinian-factions
  3. Property - International - INVESTMENT PROPERTY

    New policy expected to spur more investment overseas

    Posted Apr 22nd 2014, 03:16pm by Peggy Sito

    ... US$16 billion last year. Xie said the new policy is a step towards increased market deregulation and should positively affect Chinese businesses wishing to invest overseas by reducing lengthy ... and relaxes the thresholds for requiring national-level approval. The threshold for requiring NDRC approval has been raised to US$1 billion from the US$30 million in the previous policy on overseas ...

    http://www.scmp.com/property/international/article/1486869/new-policy-expected-spur-more-investment-overseas
  4. Lifestyle - Family & Education

    Legacy Academy coaches businesses on how to keep it in the family

    Posted Mar 03rd 2014, 09:49am by Elaine Yau

    ... to identify more than 10 Chinese family businesses that were at least 100 years old and earned annual revenues of more than US$100 million. This situation can largely be attributed to the family ... chairman. "According to a 2010 study by the Chinese Academy of Sciences [CAS], 90 per cent of people running family businesses want to pass them on to their children, but 95 per cent ...

    http://www.scmp.com/lifestyle/family-education/article/1437243/legacy-academy-coaches-businesses-how-keep-it-family
  5. Comment - Insight & Opinion

    China, US and Japan need to tone down the rhetoric on island disputes

    Posted Apr 24th 2014, 03:47am by MARK VALENCIA

    ... Mark Valencia Mark Valencia says fairness and understanding must guide relations Heated rhetoric on all sides threatens peace in Asian seas In the run-up to US President Barack ... that Japan has returned to its militant past do not win friends. Indeed the tone and substance of its rhetoric are playing into the US-led public relations campaign painting a picture ...

    http://www.scmp.com/comment/insight-opinion/article/1495189/china-us-and-japan-need-tone-down-rhetoric-island-disputes
  6. Business - Banking & Finance - STRATEGY

    Hong Kong yuan business lures non-local banks

    Posted Apr 14th 2014, 05:07am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Instead of taking OCBC's acquisition approach, Industrial Bank first sets up a branch in the city HK yuan business lures outsiders An increasing number of non-local banks are entering the Hong Kong market to grab a slice of the growing yuan-related business. But while some aggressive players have paid billions of dollars to secure a well-established ...

    http://www.scmp.com/business/banking-finance/article/1481464/hong-kong-yuan-business-lures-non-local-banks
  7. News - World - TELEVISION

    TV industry battles internet viewing start-up in US Supreme Court

    Posted Apr 23rd 2014, 10:36pm by AFP

    ... Agence France-Presse in Washington US Supreme Court hears arguments over whether Aereo is avoiding royalties or whether technological innovation is more important TV industry fights firmoffering web viewing A start-up that threatens to shake up the television industry with mini antennas for internet viewing and recording has been the object of heated debate in the US Supreme ...

    http://www.scmp.com/news/world/article/1495376/tv-industry-battles-internet-viewing-start-us-supreme-court
  8. News - World - UKRAINE

    Ukraine has US backing to take on pro-Russian ‘aggressors’, its leaders say

    Posted Apr 23rd 2014, 07:44pm by Reuters

    ... appeared to have been emboldened by Tuesday’s visit of US Vice-President Joe Biden. He brought a package of aid and urged Russia to curb the separatist militias in the east. “We have obtained the support of the United States, that they will not leave us alone with an aggressor. We hope that in the event of Russian aggression, this help will be more substantive,” Yarema said. The United ...

    http://www.scmp.com/news/world/article/1495243/ukraine-has-us-backing-take-pro-russian-aggressors-its-leaders-say
  9. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ...$21.71 billion. Revenue from the hardware business, which includes servers and systems storage, slipped 23 per cent to US$2.4 billion. They sell one business after the next. That is not a way to grow FRED HICKEY IBM has been restructuring its business, with job reductions and the sale of its low-end server business to Chinese personal-computer maker Lenovo for US$2.3 billion in January, in efforts ...

    http://www.scmp.com/business/companies/article/1486376/hardware-sector-remain-drag-ibm-quarterly-revenue-hits-5-year-low
  10. News - Asia - NORTH KOREA

    Satellite images show imminent North Korea nuclear test unlikely: US think tank

    Posted Apr 23rd 2014, 12:21pm by Reuters in Seoul

    ... Reuters in Seoul US think tank 38North, part of Johns Hopkins University, says chances of North Korea testing a nuclear warhead during President Barack Obama's visit to the South are slim North Korea is unlikely to be ready to stage a nuclear test timed to coincide with US President Barack Obama’s visit to Asia, a respected think tank said on Wednesday based on its ...

    http://www.scmp.com/news/asia/article/1495027/satellite-images-show-imminent-north-korea-nuclear-test-unlikely-us-think

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