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  • December 18, 2014
  • Last updated: 9:49am
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China Resources’ vice-president Jiang Wei latest executive to be implicated in corruption probe

Jiang Wei, China Resources’ vice-president, is the latest executive at the state-owned conglomerate to be implicated in corruption. Photo: SCMP

A vice-president of state-owned conglomerate China Resources (Holdings) has been in detention for at least a month as part of a graft investigation, a source and mainland media reports said.

Thursday, 18 December, 2014, 7:43am More on China Resources (Holdings)

Anti-graft drive will go on as China can’t afford to lose corruption battle: PLA Daily

Former Central Military Commission vice-chairman General Xu Caihou's "pernicious influence" in the military has to be eradicated, the PLA Daily says. Photo: AP

The flagship mouthpiece of the People's Liberation Army dismissed speculation the graft crackdown in the military was on its last legs and accused interest groups of standing in the way.

18 Dec 2014 - 1:50am 2 comments More on Xi Jinping's anti-graft campaign

Chinese homeless shelter ties mentally ill boy to tree to 'stop him running around'

A child eats while tethered to a tree with rope in the shelter's backyard. Photos: Weibo

A homeless shelter in China triggered an internet storm after damning photos showed children being tied to a tree in its backyard and other charges forced to sleep in filth.

17 Dec 2014 - 3:42pm 1 comment

North Korea's snub signals declining ties with China, as Kim Jong-un expected to improve relations with Russia and Japan

Two bronze statues of North Korea's late founder Kim Il-sung (left) and late leader Kim Jong-il formed the centrepiece of the memorial ceremony at Mansu Hill in Pyongyang. Photo: Kyodo

Pyongyang's decision not to invite Chinese officials to the memorial ceremony of late North Korean leader Kim Jong-il's death signals the state's intention to distance itself from its chief ally amid a cooling of ties.

18 Dec 2014 - 4:51am

Macau watchdog to meet bankers over dirty-money crackdown

Galaxy Entertainment Group's shares suffered the most, dropping 8.2pc. Photo: AP

Financial regulators have called top bankers in Macau to a key meeting next month as part of a Beijing-inspired dirty-money crackdown that has rocked the city's casino sector.

18 Dec 2014 - 8:27am 1 comment More on Macau

China censors nine-year-old boy's letter saying President Xi Jinping should lose weight

A nine-year-old Henan boy suggests in a letter that President Xi Jinping lose some weight. Photo: SCMP

A report on a nine-year-old boy's suggestion that President Xi Jinping lose some weight was pulled from major news websites after going viral in China.

18 Dec 2014 - 9:27am 2 comments More on Xi Jinping

Hong Kong graft investigators swoop on unit of Chinese finance giant Guotai Junan

ICAC headquarters in North Point. Photo: Felix Wong

Graft-busters raided the Hong Kong unit of one of the nation's largest investment houses and took away its executive director, the company revealed yesterday as trading in its shares resumed after a two-day suspension.

18 Dec 2014 - 7:23am

Russia may seek China help to deal with crisis

The rouble has lost more than 50 per cent against the US dollar this year. Photo: Reuters

Russia could fall back on its 150 billion yuan (HK$189.8 billion) currency swap agreement with China if the rouble continues to plunge.

18 Dec 2014 - 7:51am

Chinese official borrowed 400 million yuan from banks and creditors to buy 248 properties

Xingan county deputy head Liu Jianjun is said to be linked to Su Rong (pictured), former Jiangxi provincial governor and CPPCC vice-chairman. Photo: EPA New

A former Jiangxi official jailed for life on multiple fraud charges earlier this year took huge loans from banks and creditors to buy a whopping 248 properties, mainland media reported.

17 Dec 2014 - 12:33pm 3 comments

Chinese prosecutors charge former mayor of Nanjing with accepting ‘massive bribes’

Ji Jianye -  accused of using his Communist Party and government positions to receive massive bribes - is one of the highest-ranking officials caught in President Xi Jinping's anti-corruption drive.

17 Dec 2014 - 7:43pm More on Xi Jinping's anti-graft campaign

Chinese tourist dies in balloon fall in Cappadocia, Turkey

A Chinese tourist has died after falling from a hot-air balloon in Turkey when a strong gust of wind caught the craft as it came in to land yesterday.

18 Dec 2014 - 7:37am
A couple dance at Tiantan Park in Beijing. Photos: China Foto Press, Imaginechina

The dancing damas: China's 'square dancers' take society by storm

18 Dec 2014 - 9:10am
Investors share a light moment at a brokerage in Anhui. Photo: AP

China's crazy bull market needs to be tamed

17 Dec 2014 - 2:22pm
Cho Hyun-ah, daughter of the airline’s chief executive, arrives in western Seoul to appear before the Aviation and Railway Accident Investigation Board. Photo: EPA

Korean Air Lines heiress questioned by prosecutors over ‘nut rage’ incident on flight

18 Dec 2014 - 7:31am 2 comments
Canada's immigration minister, Chris Alexander. Photo: Jonathan Wong

Canada’s new millionaire migration scheme will be tiny, costly and strict

17 Dec 2014 - 10:56pm 14 comments
Illustration: Sarene Chan

Russian economy takes a hammering amid falling oil prices and a sinking rouble

18 Dec 2014 - 8:17am
British MP Richard Ottaway says some witnesses to his committee do not believe China has breached the Joint Declaration. Photo: AFP

CY Leung, senior Hong Kong officials snub UK inquiry into Joint Declaration

18 Dec 2014 - 2:53am 36 comments
The 92-tonne haul of illegal rosewood is held at customs' warehouse in Kwai Chung. Photo: Nora Tam

Hong Kong customs seizes 92 tonnes of endangered rosewood

18 Dec 2014 - 4:07am 2 comments
Children in the Indian city of Mathura take part in a prayer for victims of Tuesday's Taliban attack on a school in Peshawar.Photo: Reuters

Peshawar violence masks internal strife within Pakistan Taliban

17 Dec 2014 - 11:23pm
'New chapter' in US and Cuba relations marking historic shift in policy

'New chapter' in US and Cuba relations marking historic shift in policy

18 Dec 2014 - 9:38am 2 comments

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SCMP Brand Post

EcoSmart fireplaces can be installed anywhere, without the need for a chimney

Prepare homes for Hong Kong’s winter chill

Ap Lei Chau Seaview

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International cooperation helps fuel energy boom

International cooperation helps fuel energy boom

SCMP ePaper Edition

18 Dec 2014
  • Hong Kong graft investigators swoop on unit of Chinese finance giant Guotai Junan
  • Chinese tourist dies in balloon fall in Cappadocia, Turkey
  • China Resources’ vice-...
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Leader

Activists wearing masks depicting political leaders perform at a demonstration to demand cuts in global emissions during the UN Climate Change Conference in Lima. Photo: Reuters

Time to get serious about meaningful climate pact

18 Dec 2014 - 7:54am
Eating healthy means staying healthy

Eating healthy means staying healthy

18 Dec 2014 - 8:03am

Today's Poll

  • Yes: 37%
  • No: 63%
18 Dec 2014
  • Yes
  • No
Total number of votes recorded: 79

Insight

Trade-offs are needed to solve Hong Kong's housing problems

If we try to avoid the problem or lack the guts to accept a trade-off, then we are doomed to failure and will not see the light at the end of the tunnel. Anthony Cheung

Housing stands out as one of the most critical social problems haunting Hong Kong today.

17 Dec 2014 - 8:06pm 2 comments

Focus

Russian economy takes a hammering amid falling oil prices and a sinking rouble

Illustration: Sarene Chan AP

The rouble is plummeting. Russians are queueing outside shops looking to buy something - anything - in order to empty their wallets of the currency. And now Russia's financial crisis risks spilling beyond its borders.

18 Dec 2014 - 8:17am

Harry's View

Hong Kong

ATV news staff may cease operation by December 30 if they are not paid, insider reveals MEDIA

ATV news staff may cease operation by December 30 if they are not paid, insider reveals

ATV's major investor Wong Ching would rather wind up the troubled broadcaster than settle for a buyer that doesn't meet his demands, a source with direct knowledge of the matter told the Post.

18 Dec 2014 - 8:37am More on Asia Television Limited

Business

Geely said it expected net profit for this year to fall by about 50 per cent from the 2.66 billion yuan it earned last year. Photo: SCMP EARNINGS

Brokers slash Geely targets after profit warning over Russian risks

Car maker Geely Automobile stunned investors with a profit warning that said as much as half of this year's earnings may be wiped out by falls in export sales and losses from operations in Russia.

18 Dec 2014 - 6:48am
LISTINGS

Hong Kong's days of mega IPOs are behind it as deal sizes shrink

Hong Kong's three-year run of growth in the city's listings market will switch into reverse gear next year, reports say, as deal sizes get smaller.

18 Dec 2014 - 6:56am

Property

Shenzhen leads market rebound PRICES

Shenzhen leads rebound in China new home market

The pickup in new home prices firmed last month with an improvement in sales volume, the latest SCMP-Creda index showed, indicating signs of a market recovery following a flurry of policy support.

17 Dec 2014 - 11:57am
Yellowtail carpaccio at Quest by Que

Quest by Que in Wan Chai has new take on Vietnamese cuisine

After closing TBLS and then launching Tipping Point Brewing Co, chef Que Vinh Dang returns to the kitchen with Quest by Que (tel: 25540888) in Wan Chai.

17 Dec 2014 - 10:41pm

Special winter menus all around Hong Kong, and 7-star Michelin chef to come

17 Dec 2014

$100 & Under: Social Place offers dim sum for a younger crowd

17 Dec 2014
Smartphone app Waze is blamed by some LA residents for morning traffic jams in their once quiet neighbourhood. Photo: Screenshot

Smartphone app being used to beat LA traffic angers freeway's neighbours

When the people whose houses hug the narrow warren of streets paralleling the busiest urban freeway in America began to see bumper-to-bumper traffic crawling by their homes a year or so ago, they were baffled.

16 Dec 2014 - 10:35am

Android accessing personal data in phones, Hong Kong's privacy watchdog warns

16 Dec 2014 4 comments

The new shape-shifters: pluripotent stem cells

14 Dec 2014

Magazines

Sport

Runners head along the Eastern Corridor expressway during a 10km race as part of the Hong Kong Marathon event. The 10km race could be split up over two Sundays. Photo: Felix Wong ATHLETICS

Extra day mooted for Hong Kong Marathon

Organisers of the Standard Chartered Hong Kong International Marathon are thinking about staging the event over two weekends to improve the quality and accommodate more runners.

17 Dec 2014 - 11:27pm
BOXING

China's Zou Shiming to fight Thai rival for world flyweight boxing title

Less than two years after turning professional, China's golden boy, Zou Shiming, will have the opportunity to enter the path of true greatness by challenging undefeated Thai Amnat Ruenroeng for his International Boxing Federation (IBF) world flyweight title in Macau in March.

17 Dec 2014 - 10:28pm More on Zou Shiming

Fifa prosecutor Michael Garcia quits, citing 'lack of leadership' in Fifa

18 Dec 2014

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