Finance | South China Morning Post
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Finance

Foreign M&A deals in China down 42pc

Mergers and acquisitions plunged by a third in China in the first six months from last year as the economy slowed down, but such deals are expected to pick up in the second half.

Wednesday, 15 August, 2012, 1:33am

Foreign M&A deals in China down 42pc

Mergers and acquisitions plunged by a third in China in the first six months from last year as the economy slowed down, but such deals are expected to pick up in the second half.

15 Aug 2012 - 1:33am

Deloitte chief hits back over 'diluted StanChart report'

Deloitte chief executive Joe Echevarria is fighting back against allegations that his firm helped Standard Chartered hide transactions with Iran, saying charges by the top New York state banking regulator were "distortions of the facts".

15 Aug 2012 - 1:33am

Exclusive: Jingdong targets US$1b in private capital after IPO delay

Top online retailer Jingdong Mall, often dubbed China's Amazon.com is trying to raise more than US$1 billion from institutional investors, after the company was forced to delay its long-awaited listing plan this year.

15 Aug 2012 - 10:37am

Bank robbers out in the open

A foreclosure sign fronts a bank-owned home in Las Vegas. Foreclosure on family homes turns the American dream into a nightmare.Photo: AFP

Who's robbing banks now?

Willie Sutton, infamous as a bank robber, gained fame for his supposed response when he was asked why he robbed banks: "Because that's where the money is." *

15 Aug 2012 - 1:36am

Mainland property market could see fresh round of regulations

Workers toil on a major housing project in Beijing. Photo: Reuters

The mainland property market may face another shake-up following the completion last week of checks by the State Council on whether provincial and city governments have been strictly enforcing controls ordered by the central government.

15 Aug 2012 - 5:34am

Lenders hold fire on ailing shipping firms

Sanko Line, Korea Line and subsidiaries of Berlian Laju Tanker are among a steady stream of Asian and Western shipping companies that have sought bankruptcy protection in recent months, victims of weak freight rates and haemorrhaging cash reserves.

13 Aug 2012 - 9:46am

End the money addiction, HK told

Hong Kong needs to end its obsession with making money if it is to get to grips with poverty, Nobel Peace Prize laureate and microcredit pioneer Muhammad Yunus says.

15 Aug 2012 - 11:30pm

Then & now: all that glisters …

A black marketeer sells silver dollars in Nanking, modern-day Nanjing, in April 1949. Photo: Corbis

Silver played a vital role in the transfer of wealth from migrant to impoverished ancestral village, writes Jason Wordie.

 

31 Aug 2012 - 11:44pm

China's export growth just 1pc

China's exports were up by just 1 per cent last month, the lowest growth since November 2009, as demand from Europe faltered.

With imports also rising at a slower pace, pressure mounted on Beijing to take further measures to support the economy.

15 Aug 2012 - 11:27pm