https://www.scmp.com/rss/220989/feed Founded in Hong Kong in 1986, Noble Group manages a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing, and transportation. It owns strategic assets such as coal and iron ore and grain crushing plants and infrastructure and sources from low-cost producers in Brazil, Australia and Indonesia, and supplies high-growth, high-demand markets in China, India and the Middle East. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Salina Li Salina Li The sister of former Hong Kong Chief Executive Tung Chee-hwa bought a HK$119 million (US$15.2 million) flat in the Mid-Levels neighbourhood, joining a cohort of wealthy investors who have been taking advantage of depressed prices to snap up luxury homes. A 3,349 sq ft, four-bedroom unit in Grenville House, located at 3 Magazine Gap Road in Mid-Levels, was sold on Tuesday, according to Land Registry records. Shirley Peng Shiao Ping and William Peng Shih-Hsiao appear to be the directors of the... https://www.scmp.com/business/article/3312203/ex-hong-kong-leader-tung-chee-hwas-sister-buys-us15-million-flat-discount?utm_source=rss_feed https://www.scmp.com/business/article/3312203/ex-hong-kong-leader-tung-chee-hwas-sister-buys-us15-million-flat-discount?utm_source=rss_feed Thu, 29 May 2025 01:30:24 +0000 Around the world sit empty palaces which were originally the lavish homes of rulers or the dreamlike creations of business titans. They were considered to be the height of luxury when they were built and many who owned them fancied themselves close to royalty. Now, they are dilapidated and crumbling. Some of these palaces have been restored and even serve as wedding venues. Others, however, have remained untouched for years – reduced to a creepy spot to snap an Instagram photo. Keep reading for... https://www.scmp.com/magazines/style/news-trends/article/3035380/11-spooky-royal-palaces-india-us-and-europe-once?utm_source=rss_feed https://www.scmp.com/magazines/style/news-trends/article/3035380/11-spooky-royal-palaces-india-us-and-europe-once?utm_source=rss_feed Wed, 30 Oct 2019 04:00:15 +0000 When it comes to obscure Chinese companies pouncing on high-profile foreign targets, Noble Group’s suitor Cedar Holdings can point to a long line of illustrious predecessors. Take the example of Anbang Insurance Group, which was a company best known for its fledgling auto insurance business when it came out of nowhere to acquire New York’s Waldorf Astoria hotel in 2014. Or the Chinese peroxide producer that bought the developer of the Talking Tom app which features a talking digital cat. Here... https://www.scmp.com/business/companies/article/2130060/cedar-who-heres-list-obscure-chinese-companies-are-taking-over?utm_source=rss_feed https://www.scmp.com/business/companies/article/2130060/cedar-who-heres-list-obscure-chinese-companies-are-taking-over?utm_source=rss_feed Mon, 22 Jan 2018 10:40:55 +0000 Asia’s largest commodities trader, Noble Group, is grappling with fresh woes after another credit rating agency put the company on review for a potential downgrade to junk status. Standard & Poor’s said on Tuesday it had put Noble’s BBB- rating, the lowest investment grade, on a negative watch owing to weak liquidity and poor earnings visibility. “The liquidity position of Noble has deteriorated, in our view, because of a reduction in the Hong Kong-based commodity trader’s adjusted readily... https://www.scmp.com/business/companies/article/1882889/noble-group-faces-ratings-downgrade-junk?utm_source=rss_feed https://www.scmp.com/business/companies/article/1882889/noble-group-faces-ratings-downgrade-junk?utm_source=rss_feed Tue, 24 Nov 2015 11:29:09 +0000 Noble Group says it will be able to meet targets from Moody’s Investors Service after the agency placed the company’s ratings under review for a downgrade, raising the possibility the commodity trader may be cut to junk. The stock fell to a five-week low. “We have always achieved our investment-grade rating targets,” Noble spokesman Stephen Brown said on Tuesday, citing the company’s quarterly results last week, including a return to positive cash flow. “We remain confident of achieving Moody’s... https://www.scmp.com/business/companies/article/1879862/noble-group-confident-meeting-moodys-targets-review?utm_source=rss_feed https://www.scmp.com/business/companies/article/1879862/noble-group-confident-meeting-moodys-targets-review?utm_source=rss_feed Tue, 17 Nov 2015 10:32:49 +0000 Commodities group Noble is looking to leverage its links with Yanzhou Coal Mining on more projects, after Yancoal Australia and Gloucester Coal completed a merger at the end of last month. Will Randall, Noble executive director and head of hard commodities, said Noble would back the global export expansion plans of Yanzhou, the major shareholder of Yancoal. Randall noted that Yancoal was increasing its port facilities in Australia. This included the development of a third coal export terminal in... https://www.scmp.com/business/article/1013867/noble-seeks-closer-ties-yanzhou?utm_source=rss_feed https://www.scmp.com/business/article/1013867/noble-seeks-closer-ties-yanzhou?utm_source=rss_feed Mon, 13 Aug 2012 16:00:00 +0000 Paul Chan Wei Sern, an assistant registrar at Singapore's High Court, is set to decide today whether to throw out an action brought by former Noble Group chief executive Ricardo Leiman against Noble Resources. The firm, through Singapore law practice Advocatus Law, has applied to strike out Leiman's case. He is suing Noble for compensation after claiming that shares and a bonus were wrongly withheld following his resignation, which was announced by Noble on November 9 last year. This was the... https://www.scmp.com/article/1007197/trial-decision-noble-damages-case-expected?utm_source=rss_feed https://www.scmp.com/article/1007197/trial-decision-noble-damages-case-expected?utm_source=rss_feed Wed, 18 Jul 2012 16:00:00 +0000 Commodities group Noble is facing 'another challenging year' after posting record revenue for last year despite a series of 'unique events' including the tsunami in Japan and the European debt crisis, says chairman Richard Elman. Though there would be some good opportunities for the Hong Kong-based, Singapore-listed company, it would be 'another stressful year', Elman said yesterday. 'We are watching everything very carefully.' Will Randall, Noble's executive director and head of hard... https://www.scmp.com/article/994016/noble-another-year-stress-says-chairman?utm_source=rss_feed https://www.scmp.com/article/994016/noble-another-year-stress-says-chairman?utm_source=rss_feed Tue, 28 Feb 2012 16:00:00 +0000 Enjoy a local bean curd dish on the mainland and you could be eating soya beans grown in South America, shipped to China by a multinational food company and processed in a large, foreign-owned crushing plant, making one of the mainland's humblest foods a dish served up by the world's powerful multinationals. Throughout China there are small presses churning out oil and meal. However, in the past two years companies such as Archer Daniels Midland, Bunge and Cargill, which control much of the... https://www.scmp.com/article/563521/noble-fights-share-chinas-soya-bean-market?utm_source=rss_feed https://www.scmp.com/article/563521/noble-fights-share-chinas-soya-bean-market?utm_source=rss_feed Sun, 10 Sep 2006 16:00:00 +0000