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  • July 30, 2014
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  1. Business - Companies - EARNINGS

    China sales help Nissan close in on chief Carlos Ghosn's key targets

    Posted Jul 29th 2014, 01:05am by BLOOM

    ... Bloomberg in Tokyo Strong demand in US also contributes to 37pc rise in net income for quarter to June, boosting optimism that chief's strategic goals will be met China sales help Nissan close in on key targets Nissan, Japan's second-biggest carmaker, reported profit that beat analysts' estimate as deliveries rose in China and the United States, its two biggest ...

    http://www.scmp.com/business/companies/article/1561396/china-sales-help-nissan-close-chief-carlos-ghosns-key-targets
  2. Business - Companies - EARNINGS

    CKI seeks new investments after windfall profit

    Posted Jul 25th 2014, 01:35am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com CKI, Power Assets on acquisition trail after sizeable one-off gain from HK Electric sale Li firms seek new investments after windfall profit Cheung Kong Infrastructure (CKI) and its associate firm Power Assets, the international utilities and infrastructure firms controlled by tycoon Li Ka-shing, are seeking investment opportunities after posting ...

    http://www.scmp.com/business/companies/article/1558514/cki-seeks-new-investments-after-windfall-profit
  3. Business - Companies - EARNINGS

    Houseware retailer takes MTR route to expansion

    Posted Jul 28th 2014, 04:27am by TIFFANY AP

    ... consumption habits to its home market. Business in mainland China, Malaysia and Macau were not as strong. The company attributed the former two's performance to its recent entry, saying it still ...

    http://www.scmp.com/business/companies/article/1560741/houseware-retailer-takes-mtr-route-expansion
  4. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... in sales from Louis Vuitton, its main cash cow, had dropped in China in the second quarter from the first, while revenue from Chinese tourists declined in major European markets such as France. It also said fewer tourists, particularly from mainland China, were shopping in Hong Kong because of pro-democracy protests. Many leading luxury brands generate more than 10 per cent ...

    http://www.scmp.com/business/companies/article/1558885/lvmh-sales-slow-hong-kong-chinese-demand-drops-around-world
  5. Business - China Business - EARNINGS

    China's airlines hit hard by weaker yuan

    Posted Jul 17th 2014, 01:22am by SIJIA JIANG

    ... this year is hitting Chinese airlines with large dollar-based debt hard, with most of the debt attributed to aircraft purchases and leases. Analysts are expecting China Eastern Airlines Corp to join the other two major state airlines, Air China and China Southern Airlines, in issuing a profit warning for its interim results. Air China, the country's flag carrier, said on Monday it expected ...

    http://www.scmp.com/business/china-business/article/1555470/chinas-airlines-hit-hard-weaker-yuan
  6. Business - China Business - EARNINGS

    Mobile business boosts Baidu sales amid overseas expansion

    Posted Jul 26th 2014, 01:39am by Bien Perez and Sophie Yu

    ... by the China Internet Network Information Center on Monday showed the number of mainland users accessing the internet through mobile devices reached 527 million at the end of last month, surpassing ...

    http://www.scmp.com/business/china-business/article/1559381/mobile-business-boosts-baidu-sales-amid-overseas-expansion
  7. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Telecoms equipment supplier bullish on outlook after posting 19 per cent rise in first-half revenue Huawei expects strong demand for its products Huawei Technologies, the world's second-biggest telecommunications equipm ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  8. Business - China Business - EARNINGS

    SMIC boosts margins on way to ninth straight profitable quarter

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Chipmaker set for ninth consecutive profitable quarter as Beijing backs semiconductor sector SMIC boosts margins as 4G looms Semiconductor Manufacturing International Corp, the mainland's largest contract chipmaker, has ...

    http://www.scmp.com/business/china-business/article/1557110/smic-boosts-margins-way-ninth-straight-profitable-quarter
  9. Business - Companies - EARNINGS

    IBM revenue falls further in second quarter but beats market target

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... servers and markets such as Brazil and China were less severe than earlier this year, IBM said. The result surpassed the US$24.1 billion that analysts projected on average. Adjusted earnings rose ... The company has faced difficulties in the Chinese market as tensions over cyberhacking have risen between China and the United States. As Rometty tries to navigate IBM through the industry's ...

    http://www.scmp.com/business/companies/article/1556525/ibm-revenue-falls-further-second-quarter-beats-market-target
  10. Business - Money - EARNINGS

    Profit outlook dims for mainland China firms traded in the US market

    Posted Jul 01st 2014, 04:05am by Bloomberg

    ... Bloomberg in New York Outlook dims over China slowdown The most actively traded mainland companies in the United States are on track to report the smallest profits in two years as growth in the world's second-largest economy decelerates to the slowest pace since 1990. Analysts covering stocks listed on the Bloomberg China-US Equity Index estimate that on average they will post earnings ...

    http://www.scmp.com/business/money/markets-investing/article/1543911/profit-outlook-dims-mainland-china-firms-traded-us

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