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  • February 1, 2015
  • Last updated: 8:17am
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Probe into China Minsheng chief Mao Xiaofeng just tip of iceberg in banking world of corrupt alliances

Minsheng Bank chief Mao Xiaofeng was taken away by China's anti-graft watchdog recently to assist in an investigation. Photo: Weibo

The investigation into the youngest-ever Chinese listed-bank president has exposed the tip of the iceberg of rampant power-for-money deals between senior officials and financial leaders, analysts say.

Sunday, 1 February, 2015, 2:37am 13 comments More on Xi Jinping's anti-graft campaign

Japan 'indignant' over purported video of hostage beheading

Japanese government is trying to authenticate the video. Breaking

An online video released Saturday night purported to show an Islamic State group militant behead Japanese journalist Kenji Goto, ending days of negotiations by diplomats to save the man.

1 Feb 2015 - 6:09am

Dalai Lama, Obama due at same event

US President Barack Obama (right) meets with the Dalai Lama in the Map Room of the White House last year.

US President Barack Obama and the Dalai Lama are to both attend the US National Prayer Breakfast in Washington this week, a move likely to elicit an angry response from the Chinese government.

1 Feb 2015 - 5:24am More on 14th Dalai Lama

Angry relatives of flight MH370 victims reject Malaysia's findings, turn down payouts

Relatives for the victims of MH370 Malaysian Airline missing flight hold a press conference in Subang Jaya outside Kuala Lumpur. Photo: EPA

The father of a passenger on the missing Malaysian Airlines flight MH370 said families would sue the carrier if the authorities do not withdraw a formal declaration that all on board had died in an accident.

1 Feb 2015 - 5:28am More on Malaysia Airlines flight 370

Tough security tests for banks' foreign suppliers

Lenovo paid US$2.1 billion in an acquisition of IBM's server unit.

Draft Chinese government regulations would force overseas technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology.

1 Feb 2015 - 5:24am

Middle-class takes to the slopes amid Games bid

Primary school pupils practice their skiing skills in Yanqing and promote Beijing's bid for the Games in 2022. Photo: SMP

Clad in neon-green from head to toe, Chinese snowboarder He Qiang is part of a growing cohort of middle-class enthusiasts in a country with little tradition of winter sports that is now seeking to host the 2022 Winter Olympics.

1 Feb 2015 - 5:24am

UN rejects China's move to black out NGO criticism

UN spokesman Stephane Dujarric says the NGO committee will continue to report on the stance of countries.

China has been forced to drop a measure at the UN that targeted NGOs seeking to be heard at the world body.

1 Feb 2015 - 5:24am More on United Nations

Rupert Murdoch bares all on Twitter - perhaps too much

Rupert Murdoch's Twitter account offers his unvarnished thoughts.

From the day Rupert Murdoch joined Twitter, the media mogul has been spreading alarm among his enemies and supporters in equal measure.

1 Feb 2015 - 8:10am 1 comment More on Rupert Murdoch

Greece's new government seeks allies in ending painful austerity measures

German Chancellor Angela Merkel has ruled out debt relief for Greece. Photo: AFP

Greece's radical new government has begun a search for European allies for its anti-austerity agenda, but German Chancellor Angela Merkel once again ruled out debt relief for Athens.

1 Feb 2015 - 2:57am 1 comment

Flight chiefs seek new standards of air safety

924 people were killed in passenger accidents last year, the worst for loss of life since 2005

Aviation leaders will seek a mandate to implement new safety standards when they meet this week after a string of high-profile accidents made 2014 the deadliest year for commercial airlines in almost a decade.                                                                                                                                                    

1 Feb 2015 - 2:57am More on Malaysia Airlines flight 370

Hong Kong money laundering police face record deluge of 100 reports a day

Police investigators at the forefront of Hong Kong's battle against money laundering face a flood of reports, with more than 100 suspected cases landing on their desks every day - almost double the amount of three years ago.

1 Feb 2015 - 2:57am 5 comments

'It's like a Hangover movie': Hong Kong businessman charged for drunk, naked break-in at US home

A fugitive Hong Kong businessman is being sought by US police after he failed to turn up in court to face charges over an allegedly drunken wedding party escapade a judge likened to the movie series The Hangover.

1 Feb 2015 - 2:13am 5 comments
Lack of monitors of ivory destruction programme blasted

Lack of monitors of ivory destruction programme blasted

1 Feb 2015 - 2:57am 1 comment
Justin Kapla (inset) was one of the SouthGobi executives found guilty of tax crimes in Mongolia. In this file photo, coal is loaded onto SouthGobi Energy trucks. Photo: Bloomberg, AFP

Mongolian court convicts American, Filipino mining firm executives over tax evasion

1 Feb 2015 - 7:35am
Mourners carry the coffins of blast victims yesterday. Photo: AFP

Pakistani Shiites protest after mosque bombing kills scores

1 Feb 2015 - 7:13am
A Philippine police wanted poster shows Marwan.

After 44 Philippine commandos die, is terrorist Marwan really dead?

1 Feb 2015 - 7:13am
Marion 'Suge' Knight

Rap mogul Suge Knight's latest brush with law his most serious as he faces murder charges

1 Feb 2015 - 7:27am
Kerry fined for snow removal oversight at home

Boston fines John Kerry for snow removal oversight

1 Feb 2015 - 7:27am
Nice Flore elementary school

Difficulties for France following eight-year-old's support for terrorists

1 Feb 2015 - 7:45am 1 comment
Kurdish Peshmerga forces at the attack site in Kirkuk. Photo: Xinhua

Islamic State launches multipronged offensive against Kirkuk

1 Feb 2015 - 7:45am
Supporters of the Pegida movement march late last week against Islamisation in Leipzig, eastern Germany. Photo: Reuters

Site of Dachau concentration camp to serve as refugee centre

1 Feb 2015 - 7:45am
Illustration: Grant Robertson

Greece lightning: the pair who are kicking up a storm across Europe

1 Feb 2015 - 7:48am

More Headlines

SCMP Brand Post

Samsung joins the hands-free washing brigade with Wi-fi-enabled appliances.

Make light of wash day with the smart laundry machines of the future

Residents of Tai Hang enjoy great views of the neighbourhood.

Hanging out in Tai Hang: Hong Kong’s charming little neighbourhood with a big heart

Flourishing luxury car market edging out China’s cheaper domestic brands

Flourishing luxury car market edging out China’s cheaper domestic brands

SCMP ePaper Edition

1 Feb 2015
  • Hong Kong money laundering police face record deluge of 100 reports a day
  • Probe into China Minsheng chief Mao Xiaofeng just tip of iceberg in banking world of corrupt alliances...
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Leader

An elderly participates in a survey on dementia. Photo: Edward Wong

Hong Kong is an ideal base for dementia research

1 Feb 2015 - 6:58am
Officials need to keep a tighter focus on public housing

Officials need to keep a tighter focus on public housing

1 Feb 2015 - 6:58am

Today's Poll

  • Yes: 87%
  • No: 14%
30 Jan 2015
  • Yes
  • No
Total number of votes recorded: 200

Insight

Fake liberal studies will do Hong Kong more harm than good

Liberal studies teaching is heavily focused on discussion of local, topical issues, such as the city's governance problems and mass protests. Photo: Nora Tam Regina Ip

The compulsory liberal studies subject, the controversial centrepiece of the new senior secondary school curriculum, is in the crosshairs again after Occupy Central.

1 Feb 2015 - 6:25am 1 comment

Focus

Rupert Murdoch bares all on Twitter - perhaps too much

Rupert Murdoch's Twitter account offers his unvarnished thoughts. GDN

From the day Rupert Murdoch joined Twitter, the media mogul has been spreading alarm among his enemies and supporters in equal measure.

1 Feb 2015 - 8:10am 1 comment

Harry's View

Hong Kong

Charles Mok 'should have made stance clearer'. Photo: Jonathan Wong POLITICS

Pan-democrat Charles Mok hints at compromise on 2017 reform package - then retracts comments a few hours later

The hothouse atmosphere of post-Occupy Hong Kong politics was brought into sharp focus when a moderate pan-democrat was forced to retract a statement offering the possibility of a compromise over political reform.

1 Feb 2015 - 5:03am 1 comment More on Universal Suffrage

China

US President Barack Obama (right) meets with the Dalai Lama in the Map Room of the White House last year. RELIGION

Dalai Lama, Obama due at same event

US President Barack Obama and the Dalai Lama are to both attend the US National Prayer Breakfast in Washington this week, a move likely to elicit an angry response from the Chinese government.

1 Feb 2015 - 5:24am More on 14th Dalai Lama

Asia

Japanese government is trying to authenticate the video. ISLAMIC MILITANCY

Japan 'indignant' over purported video of hostage beheading

Breaking

An online video released Saturday night purported to show an Islamic State group militant behead Japanese journalist Kenji Goto, ending days of negotiations by diplomats to save the man.

1 Feb 2015 - 6:09am

World

German Chancellor Angela Merkel has ruled out debt relief for Greece. Photo: AFP EUROPE

Greece's new government seeks allies in ending painful austerity measures

Greece's radical new government has begun a search for European allies for its anti-austerity agenda, but German Chancellor Angela Merkel once again ruled out debt relief for Athens.

1 Feb 2015 - 2:57am 1 comment
AVIATION

Flight chiefs seek new standards of air safety

Aviation leaders will seek a mandate to implement new safety standards when they meet this week after a string of high-profile accidents made 2014 the deadliest year for commercial airlines in almost a decade.                                                                                                                                                    

1 Feb 2015 - 2:57am More on Malaysia Airlines flight 370
UNITED STATES

Rap mogul Suge Knight's latest brush with law his most serious as he faces murder charges

1 Feb 2015

More World news

China Insider

Three people died when a bus crashed on the way from Guangzhou to Leizhou. Photo: SCMP Pictures CHINA DIGEST

Around the nation: three dead, 10 injured in Guangzhou bus crash

31 Jan 2015
The endangered South China tiger cub, which is now feeding normally at a zoo in Jiangxi province after a breeder was found to have repeatedly hit the cub. Photo: Chinanews.com CHINA DIGEST

Around the nation: endangered South China tiger cub nursed back to health after abuse at zoo

30 Jan 2015
The bullhead shark suddenly appeared among the colourful balloons as a PLA Navy gunner was about to pull trigger. Photo: PLA Navy MILITARY

Don’t shoot! Curious bullhead shark halts China military exercise

29 Jan 2015 7 comments
President Xi Jinping is targeting corruption in state enterprises. Photo: Reuters Anti-corruption

China launches massive suicide survey after party officials’ deaths during graft crackdown

29 Jan 2015 2 comments
More than 80,000 visitors went to Beijing's Palace Museum on 42 days last year. Photo: Xinhua CHINA DIGEST

Around the nation: Beijing’s Palace Museum to limit visitors to 80,000 a day over security fears

28 Jan 2015
Beijing Centre for Disease Prevention and Control says the outbreak has been brought under control. HEALTH

Measles outbreak hits Beijing office building, prompting emergency vaccinations

28 Jan 2015
Beijing police warned women in 2013 not to wear miniskirts, hot pants or skimpy clothing in the summer to avoid sexual harassment. Photo: Reuters CHINA DIGEST

Around the nation: Beijing advisers call for women-only carriages to fight sexual harassment

27 Jan 2015
The photo shows a policeman lifted a woman by the collar and threw her on the pavement as dozens of fellow officers watched. SOCIETY

Police in three Chinese provinces take heat after ‘brutality’ images surface online

28 Jan 2015
Chinese doctor, drunken patient plunge to death in elevator shaft in latest attack on medical staff HEALTH

Chinese doctor, drunken patient plunge to death in elevator shaft in latest attack on medical staff

27 Jan 2015
The diners are seen walking out of the seafood restaurant in this photo taken by Southern Metropolis Daily. MEDIA

Chinese police officials suspended after allegedly assaulting journalists at 'secretive' banquet

27 Jan 2015
Workmen tried twice - and failed both times - to fill a large hole that kept appearing in the street beside a building in Deshengmen Inner Street, Beijing early on Saturday. Photo: China News CHINA DIGEST

Around the nation: residents' underground digging sparks Beijing night road collapse

27 Jan 2015
Hell bank notes, used as offerings to the dead, can sometimes resemble the real thing late at night. Photo: SCMP Pictures SOCIETY

Taxi passenger suffers heart attack after being given ‘hell bank note’ in change

26 Jan 2015 1 comment
Smoke billows from the chimney of a factory in Foshan, which recorded Guangdong province's worst air quality in last year's final quarter. Photo: SCMP Pictures CHINA DIGEST

Around the nation: Foshan’s air quality worst in Guangdong during final quarter of last year

25 Jan 2015
A man bumped into his former girlfriend recently but but the reunion quickly turned sour when he demanded she return his SIM card, which she then swallowed. Photo: Bloomberg Around the nation

Around the nation: Woman swallows ex-boyfriend's SIM card during row

23 Jan 2015

Business

A strong rally in the share market has prompted the CSRC to step in to cool irrational enthusiasm. Photo: Xinhua REGULATION

Chinese mutual fund houses punished over insider dealing cases

New

China's securities regulator has imposed a temporary ban on new product launches by five mutual fund firms after their employees were found to have committed insider trading.

30 Jan 2015 - 11:39pm
STOCKS

Shanghai-HK share price gap for Chinese developers set to continue

The share price gap between mainland property developers listed in Hong Kong and Shanghai will continue despite the scheme linking the two markets.

30 Jan 2015 - 10:16pm

Property

Some 74,000 new homes are projected to come on the market over the next three to four years, says government report. Photo: Sam Tsang HOUSING

Hong Kong private housing supply jumps to 8-year high

Hong Kong's new private housing supply rose to an eight-year high of 15,700 units last year, with analysts saying the city has started the transition to a period of more sustainable flat supply.

31 Jan 2015 - 2:06am 1 comment
Double D's ad has drawn mixed reactions. Photo: SCMP

Dirty and decadent: Double D burger joint to go head to head with Hooters

Just days after US chain Hooters announced plans to open in Hong Kong, a local restaurant group wants to beat it to the punch, using sex appeal to sell hamburgers.

1 Feb 2015 - 7:56am

Chateau Mouton Rothschild auction brings in HK$32 million

1 Feb 2015 1 comment

Chef Martin Berasategui on the joy of cooking and his seven Michelin stars

31 Jan 2015
The quartz tuning fork.

Chinese scientists develop low-cost quartz 'super watch' technology

Don't throw out your old quartz watch - with a slight tweak it could soon be accurate enough to guide a cruise missile, according to a new study by Chinese scientists.

1 Feb 2015 - 8:12am

Scientific researchers push for sharing data and greater transparency in experiments

1 Feb 2015

We're no competition for ideology when it's disguised as science

1 Feb 2015

Magazines

Sport

Australia players celebrate after winning the Asian Cup final in Sydney. Photo: Reuters

Australia break South Korean hearts as they clinch Asian Cup

Substitute James Troisi smashed home a dramatic extra-time winner as Australia beat South Korea 2-1 to win their first Asian Cup title in an electrifying final on Saturday.

1 Feb 2015 - 12:05am

Magazines

Sabriye Tenberken, who lost her sight as a child, with students at the school for the blind she founded in Lhasa, Tibet.

World Blind Union campaigns for access to digital world

The recent World Blind Union conference held at Cyberport highlighted how the digital divide is holding back the visually impaired. Sarah Lazarus speaks to six delegates who are driving social change.

31 Jan 2015 - 11:34pm

In Pictures

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