Company Competitor

Lenovo back in lead after buyout

Lenovo Group, with IBM's desktop and notebook products now in its portfolio, trumped rival Hewlett-Packard to regain the top spot in Asia-Pacific PC sales.

Thursday, 21 July, 2005, 12:00am

Keep education allowance for civil service families

I refer to the article 'Let bygones be bygones' (July 18), by Anthony Cheung Bing-leung, on the decision of the Court of Final Appeal on civil service pay cuts.

21 Jul 2005 - 12:00am

Consolidation looms after stretch of buying

The Hang Seng Index finished higher yesterday after Tuesday's sluggish performance, but brokers saw signs of profit-taking at a high level which indicated consolidation would follow.

21 Jul 2005 - 12:00am

In brief

Brothers arrested over assault on officer

Two brothers aged 28 and 31 were arrested yesterday after they allegedly assaulted a police officer at Whampoa Garden in Hunghom.

Two policemen approached a car in Tak Fung Street outside Lily Mansion, Whampoa Garden, when they heard people shouting inside the vehicle at 1am.

21 Jul 2005 - 12:00am

Mainland telecoms firms prop index as HSBC dips

Buying in property investors helps extend rally as punters cash in on developers

Hong Kong blue chips finished largely flat yesterday as strong buying of mainland telecommunications operators offset a slump in HSBC triggered by worse than expected second-quarter earnings from its bigger rival Citigroup.

20 Jul 2005 - 12:00am


Listening in on the telecoms industry

PCCW-Sunday package fails to impress rivals

PCCW's acquisition of Sunday Communications has set the hearts of telecoms watchers aflutter, but rival operators are unimpressed.

19 Jul 2005 - 12:00am

Whirlpool in 'payback' bid for Maytag

US giant trumps Haier offer amid growing dissatisfaction over Chinese acquisitions of American firms

Whirlpool, the biggest maker of home appliances in the United States, has offered US$1.35 billion in cash and stock for Maytag Group, topping a bid from China's Haier Group in what could be interpreted as 'payback'.

19 Jul 2005 - 12:00am

HKET pins hopes on mainland for growth

Hong Kong Economic Times Holdings (HKET) will look to the mainland to diversify its revenue base in the face of increased competition in the local advertising market, according to its listing sponsor, BNP Paribas.

19 Jul 2005 - 12:00am

CNOOC faces crunch time on Unocal

With talks stalled amid US hostility, the Chinese giant has about three weeks left to make a viable offer

Negotiations between CNOOC and acquisition target Unocal remain deadlocked, leaving the Chinese oil firm just over three weeks to produce a viable bid.

18 Jul 2005 - 12:00am

Wal-Mart poised to make belated entry into Shanghai

Wal-Mart, the world's biggest retailer, is about to open its first store in Shanghai, the city with the densest retail coverage in the mainland and 10 years after its global rival Carrefour. But has it arrived too late?

18 Jul 2005 - 12:00am

Orange grower to show off his IPO produce

Asian Citrus Holdings will be in Hong Kong today to market an initial public offering of up to $205 million on London's Alternative Investment Market (AIM).

Asian Citrus, China's largest orange grower, originally planned to float in Hong Kong. Its defection to London reflects the keen competition among exchanges.

18 Jul 2005 - 12:00am

Economic imperialists undermine free market principles

As CNOOC's US$18.5 billion bid for the US-owned oil company Unocal reaches a crucial stage, the political odds are stacking up against what should have been a normal business deal.

US congressional opposition to the bid, organised and fanned by the highly paid lobbyists of rival bidder Chevron, is escalating into a storm of anti-China fervour.

18 Jul 2005 - 12:00am

Fine-tuning Chunghwa sell-off

Taiwan looks likely to succeed in pushing through the share sale to boost its coffers

18 Jul 2005 - 12:00am

BlackBerry maker gears up for Asia expansion

Research in Motion hopes to double the number of operators carrying its popular BlackBerry wireless e-mail device in Asia-Pacific by the end of the year, according to a senior executive.

18 Jul 2005 - 12:00am

Lai See

Deluge of free newsprint sends chill through paper sellers

It is summer in Hong Kong, but it might as well be winter for the Chinese-language newspaper industry.

15 Jul 2005 - 12:00am