Charlotte So

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Asset sale boosts Cosco Pacific profit

Cosco Pacific said its net profit shot up 105 per cent to US$702.7 million last year and the company is considering making more port acquisitions abroad at a time when the mainland's container throughput growth is slowing.

26 Mar 2014 - 6:34AM

Cosco Pacific said its net profit shot up 105 per cent to US$702.7 million last year and the company is considering making more port acquisitions abroad at a time when the mainland's container throughput growth is slowing.

Asset sale boosts Cosco Pacific profit
Air China hit hard as yields tumble

Beijing-based Air China said net profit sank 32 per cent last year to 3.26 billion yuan (HK$4.07 billion) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry.

26 Mar 2014 - 5:55AM

Beijing-based Air China said net profit sank 32 per cent last year to 3.26 billion yuan (HK$4.07 billion) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry.

Air China hit hard as yields tumble
Low Watson sale spurs sell-off in Hutchison shares
Guangzhou looks to open up more industries and improve transport network
Weak passenger revenues could offset fuel cost savings at Big Three airlines
Singamas profit dives 43pc on drop in demand
Hong Kong exporters invest more as hopes rise for manufacturing rebound
Chinese Estates' Joseph Lau passes baton to son after graft conviction

Joseph Lau Luen-hung yesterday resigned from the post of chairman of Chinese Estates after being convicted in Macau last week of bribing officials and money laundering, passing on the baton to his son Lau Ming-wai.

17 Mar 2014 - 2:42AM

Joseph Lau Luen-hung yesterday resigned from the post of chairman of Chinese Estates after being convicted in Macau last week of bribing officials and money laundering, passing on the baton to his son Lau Ming-wai.

Chinese Estates' Joseph Lau passes baton to son after graft conviction
Kerry Logistics pins growth hopes on e-commerce in China
Qatar Airways deal could help Cathay Pacific regain Europe traffic
Fuel savings propel Cathay's profit
Haeco predicts tough times after profits drop 24pc
OOIL's net profit tumbles 84pc on shipping overcapacity
Hong Kong urged to act on port congestion as pressure builds for more capacity

Hong Kong port operators urged the government to press harder on consolidating about 70 hectares of land next to its terminals to eliminate congestion and raise their capacity after a round of alliances in shipping lines will further stretch the limits of the already crowded port.

10 Mar 2014 - 7:58AM

Hong Kong port operators urged the government to press harder on consolidating about 70 hectares of land next to its terminals to eliminate congestion and raise their capacity after a round of alliances in shipping lines will further stretch the limits of the already crowded port.

Hong Kong urged to act on port congestion as pressure builds for more capacity
Asia's super rich go shopping for retail properties in the West
OOIL earnings tipped lower on oversupply, freight rates fall
Chairwoman Sabrina Chao steers Wah Kwong Maritime past rocky shoals
Pacific Basin sees brighter prospects in second half of 2014
Octopus app will make cash transfers to friends easy as sending WhatsApp message
Hutchison Whampoa plans dual listing for AS Watson
Bigger planes, fewer routes seen as solution to boost airport capacity
Pacific Basin sails into black on dry bulk turnaround
Qantas to cut 5,000 jobs after posting A$252 million pretax loss
All eyes on AS Watson spin-off plans when Hutchison reports results
All eyes will be on AS Watson spin-off plans when Hutchison reports results
Cheap labour not the only driver of factories' flight from China
Stock falls add to investor worries over export outlook
Emirates' Taipei service seen as threat to Cathay Pacific's Europe network
Noble Group's net dives 48pc on loss in agriculture unit
Fast Retailing mulls direct listing in HK