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  • October 22, 2014
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  1. Business - China Business

    Business Digest, September 21, 2012

    Posted Sep 21st 2012, 12:00am by AGENCIES

    ... island's other markets remained sluggish. Orders from the island's leading export market increased 2.5 per cent year on year to US$9.8 billion and 8.1 per cent from the month before, the economics ministry said. AFP   Yuan rises to 5-month high on policy hopes The yuan rose to a five-month high yesterday, breaching the 6.3 per US dollar level, on speculation capital flows ...

  2. Business - China Business

    Briefs, September 13, 2012

    Posted Sep 13th 2012, 12:00am by AGENCIES

    ... December and June. Reuters S&P lowers credit rating of Chalco Ratings agency Standard & Poor's has lowered the foreign-currency long-term corporate credit rating on Aluminum Corporation of China (Chalco), the country's largest smelter of the metal, to BBB-minus from BBB with a negative outlook. The agency cited its expectation that the weak conditions ...

  3. China Railway secures US$2.6b Libyan rail jobs

    Posted Feb 18th 2008, 12:00am by Staff Reporter

    ... Jeff Pao China Railway Construction Corp, the nation's second-largest railway builder, has won contracts in Libya worth US$2.6 billion to build two rail links, Xinhua said. The firm ... was the mainland's biggest contractor of overseas infrastructure projects, the agency said. The company clinched 43.9 billion yuan worth of contracts in 2006 and 89.5 billion yuan for the first 11 months ...

  4. Agencies may have said it but that doesn't mean it's true

    Posted Aug 27th 2007, 12:00am by Jake Van Der Kamp

    ... August 24 Talk about missing the point. Someone certainly did here. Listen, Mr Zhu, it is precisely the problem that these mortgage securities were rated AAA by ratings agencies. They should ... the US economy as default rates on the underlying mortgages rise. If the real risk had been priced into subprime mortgage securities, instead of hidden by an unmerited AAA rating, the market ...

  5. Australian expert will aid agency

    Posted Mar 12th 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu Australian regulator Ian Johnston will join the Securities and Futures Commission next month as an adviser to the chairman's office in what is viewed as an attempt to staunch the brain drain afflicting the regulatory agency. Sources say Mr Johnston, currently director of financial regulation at the Australian Securities and Investments Commission, has been ...

  6. Huawei targets Obama's 4G projects despite US security fears

    Posted Apr 12th 2011, 12:00am

    ... it released an open letter that challenged the US government to conduct a sweeping investigation of the company to prove it is not a national security risk. Ken Hu, the deputy chairman at Huawei ... industry-leading technology and innovation to more customers in the US'. A group of US politicians, however, wrote to the White House last week warning about the potential national security risks ...

  7. Huawei 'will persevere in US' despite security fears

    Posted Apr 16th 2011, 12:00am

    ... The mainland's biggest telecommunications equipment manufacturer, which has struggled to cast aside accusations by US politicians that it was a 'national security risk', also aims to increase ... server-technology company, to comply with a ruling made by the Committee on Foreign Investment in the United States, an inter-agency group that reviews national security implications of foreign investments ...

  8. Hong Kong agency keeps watch on investigations in the US

    Posted Nov 07th 2003, 12:00am by Staff Reporter

    ... industry is regulated by the Securities and Futures Commission. Daily monitoring is done by a trustee for a unit trust and a board in the case of a mutual fund. ...

  9. Business - Banking & Finance - RATINGS

    Ratings agencies from China, Russia and US to take on Big Three

    Posted Oct 25th 2012, 12:00am by Victoria Ruan

    ... rating China's sovereign debt AA+. Egan-Jones, meanwhile, has run into flak from the US Securities and Exchange Commission. The firm, one of nine accredited rating agencies in the US ... and Dagong were among the first agencies to downgrade the sovereign debt of the US; eventually, S&P followed suit. Vocal critics of the Big Three, Dagong and Egan-Jones have not escaped scrutiny ...

  10. Investment agency poised for launch

    Posted Aug 10th 2007, 12:00am by Staff Reporter

    ... Staff Reporters Beijing ready to unveil US$200b fund to boost return on reserves The central government is about to officially launch its much-awaited investment agency to manage a US ... The nation's leaders have already given their blessing to the agency's structure and the makeup of its management. The names of the core management team are expected to be unveiled at the official ...




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