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  • July 11, 2014
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  1. News - World - SOMALIA

    Al-Shabab suicide bombers attack presidential palace in Somalia

    Posted Jul 09th 2014, 09:37pm by AFP

    ... a major bomb and armed attack on Somalia's presidential palace, penetrating the heavily fortified complex in the capital Mogadishu before blowing themselves up. Somalia's internationally ... large parts of the capital, but were driven out of fixed positions in Mogadishu and Somalia's major towns by an African Union force. ...

  2. Property - Comment - BRICKS & MORTAR

    Cooling measures in Asia spur capital flows to the West

    Posted May 27th 2014, 01:34am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com German cities emerge as targets for investors in the region, reflecting nation's economic strength Cooling measures in Asia spur capital flows ... their capital from East to West, fuelling strong growth in international real estate investment in Britain, France, the United States and Australia. Data from property consultant JLL shows that Asian ...

  3. News - China - COUNTERTERRORISM

    Shenzhen resident receives reward for anti-terror tip

    Posted Jul 10th 2014, 12:35pm

    ... and Yunnan. On May 22, attackers killed 39 people when they drove two off-road vehicles into crowds and threw explosives into a street market in Urumqi, the capital of Xinjiang. In April, a bomb and knife attack in the city’s main train station left three dead and 79 injured. Knife-wielding attackers also killed 29 in Kunming, the capital of Yunnan, in March. Officials also blamed Xinjiang ...

  4. Comment - Insight & Opinion - MY TAKE

    Hong Kong's Leung Chun-ying should forgo desire for a second chief executive term

    Posted Jul 10th 2014, 04:33am by Alex Lo

    ... of his term to making sure Hong Kong achieves universal suffrage as prescribed under the Basic Law by 2017. He may thereby regain some political capital with the general public, ...

  5. Business - Banking & Finance - JAKE'S VIEW

    Losers' Clubs spend good money on bad ideas

    Posted Jul 10th 2014, 04:55am by Jake Van Der Kamp

    ... of the BRICS Development Bank. SCMP Business, July 9   Translation: the Losers' Club wishes to squander even more of the scant capital resources of its member governments by funding vanity ... investment ideas but investment capital for them is in short supply. It is hogged by big multinationals who only work for rich people. That is why we must have a BRICS bank. Things are actually ...

  6. Business - Banking & Finance - CURRENCIES

    Beijing to reduce intervention in yuan when time is right, PBOC chief says

    Posted Jul 10th 2014, 03:07pm by Kwong Man-ki

    ... not to intervene, as the global economy was unstable and there were abnormal capital flows. Zhou said on Thursday that China would achieve interest rate liberalisation in two years as planned. ...


    Centre dedicated to 'critically endangered' porpoise is deserted in Jiangxi

    Posted Jul 10th 2014, 01:18pm

    ... state media reported today. The building, built in Nanchang, the capital of Jiangxi province, is desolate and covered with thick dust. Some windows are broken. A pool used for breeding dolphins ...

  8. Business - China Business - TECHNOLOGY

    China's top smartphone app MYOTee is inspired by manga

    Posted Jul 10th 2014, 04:55am by Bloomberg

    ... With backing from venture firms such as IDG Capital Partners, Guo's team at Lemon Tech is seeking to follow MYOTee's success with new products such as mobile games. "We hope to become ... a bit of a cushion because of the venture capital backing. While hard work could bring them to a US$100 million valuation, Guo, who gave up a sizeable bonus by leaving Tencent, said his ...

  9. Lifestyle - Books - INDIA

    Book review: Capital: The Eruption of Delhi, by Rana Dasgupta

    Posted May 25th 2014, 03:42pm by David Wilson

    ... David Wilson Capital: The Eruption of Delhi by Rana Dasgupta Canongate 4.5 stars David Wilson Welcome to Delhi, the Indian capital with a population of 16 million. In his third book, ... poured into India, especially Delhi. Capital documents the city's epic transformation, charting its advancement from a rural backwater to the heart of the new middle class. No other city ...

  10. News - China

    BRICs nations to launch bank

    Posted Jul 10th 2014, 04:39am by Reuters

    ... of the bank will be the group's first major achievement after struggling to take coordinated action following an exodus of capital from emerging markets last year, triggered by the scaling back ...




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