Saturday, November 30, 2013

Meditation an effective way to improve performance





For centuries, meditation helped Asians lead more meaningful lives. Meditation is now going global because research is proving its effectiveness for improving human performance and well-being.









via Business feed http://www.scmp.com/business/companies/article/1369332/meditation-effective-way-improve-performance

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CEO turnover rate grows with technology shifts





United States corporations are switching chief executives at the fastest pace in five years as companies from Wal-Mart Stores to Microsoft grapple with shifting customer tastes, competition from start-ups and restive shareholders.









via Business feed http://www.scmp.com/business/companies/article/1369220/ceo-turnover-rate-grows-technology-shifts

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Australia says no to US acquisition of GrainCorp





The Australian government rejected yesterday the A$3.4 billion (HK$24 billion) sale of GrainCorp to American agribusiness giant Archer Daniels Midland, saying it went against the national interest.









via Business feed http://www.scmp.com/business/companies/article/1368883/australia-says-no-us-acquisition-graincorp

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Kerry Logistics plans roadshow to promote share sale





Kerry Logistics Network, the logistics unit of Kerry Properties, plans to kick off a one-week roadshow on Monday for a share sale that could raise up to HK$2.2 billion. The company is the latest candidate in a flood of Hong Kong initial public offerings.









via Business feed http://www.scmp.com/business/companies/article/1369232/kerry-logistics-plans-roadshow-promote-share-sale

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China's exporters upbeat about 2014





Mainland exporters are positive but cautious about the trade outlook next year, with 67 per cent of those surveyed by an online trade portal saying exports will rise but not by more than 20 per cent in the first half of next year.









via Business feed http://www.scmp.com/business/china-business/article/1369231/chinas-exporters-upbeat-about-2014

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Beijing to tighten interbank grip





The China Banking Regulatory Commission had drafted new regulation to restrict lenders' exposure, improve information disclosure, and require them to make provisions and calculate capital consumption for their interbank businesses, bankers said.









via Business feed http://www.scmp.com/business/banking-finance/article/1369233/beijing-tighten-interbank-grip

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Gas debt hit as banks lose government guarantees





The fading notion that the largest US finance companies are too big to fail led Moody's Investors Service to cut ratings on US$5.5 billion of bank-backed debt used to buy natural gas. Investors see the bonds as too cheap to pass up.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1369213/gas-debt-hit-banks-lose-government-guarantees

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Friday, November 29, 2013

In turmoil-prone Bangladesh, impoverished workers pay a heavy price

The rickshaw driver was approaching an intersection in Bangladesh's capital Dhaka when two men stopped his vehicle, doused it with gasoline and set it...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43802

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Ticket to disaster: Why more ferry accidents are waiting to happen





The incident on Friday where 87 people were injured when a Macau-bound jetfoil operated by TurboJet apparently crashed into something – but oddly sustained no damage – highlights the issue of ferry safety once again.









via Business feed http://www.scmp.com/business/money/wealth/article/1368719/ticket-disaster-why-more-ferry-accidents-are-waiting-happen

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HK yuan deposits rise to 781.6b yuan

Yuan deposits in Hong Kong grew by 7.1 percent to 781.6 billion yuan at the end of October. Total remittance of yuan for cross-border trade settleme...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43801

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HK reports October surplus, deficit shrinks

Hong Kong reported a fiscal surplus of HK$20.8 billion in October, reducing the deficit for the seven months ended October 31, 2013, to HK$39.3 billio...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43800

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Tour guides claim agency owes them HK$2m wages

About 20 tour guides employed by a collapsed Hong Kong travel agency, Y Y Holidays, say they are owed a total of more than HK$2million in unpaid wages...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43798

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(Golf) Scott takes two-shot lead on a mixed day

Adam Scott clawed his way back to the top of the leader board at the Australian Open at Royal Sydney today, putting himself two shots ahead of Rory ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43797

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Café de Coral reports HK$243m earnings for first half

Restaurant chain operator Café de Coral (0341) said half-year profit grew by 9.8 percent to HK$243 million compared with the same period the year be...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43796

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German retail sales slip further

German retail sales fell for the second consecutive month in October, official data show. Retail sales slipped by 0.8 percent in price, calendar and ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43795

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Exorcism-obsessed Malaysians jailed for killing two-year-old daughter

A Malaysian high court jailed three family members who suffocated their two-year-old to death by piling on top of her in a suspected exorcism ritual...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43794

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Hang Seng closes higher, Shanghai flat

Hong Kong shares gained 0.39 percent today in quiet trade at the end of a positive week. The benchmark Hang Seng Index added 92.20 points to 23,881.2...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43792

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European stocks fall

European stock markets dipped at the open today. The London benchmark FTSE 100 index was down 0.06 percent to 6,650.32 points. Frankfurt's DAX 30 in...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43791

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More than 20 banks commit to syndication of US$4bn Shuanghui loan





Shuanghui International, the world’s biggest producer of pork products, will finalise its US$4 billion syndicated loan next week, said bankers involved.









via Business feed http://www.scmp.com/business/companies/article/1368677/more-20-banks-commit-syndication-us4bn-shuanghui-loan

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Thai protesters swarm army headquarters and PM Yingluck’s party offices

Thai opposition protesters stormed the army headquarters and besieged Prime Minister Yingluck Shinawatra's party offices today, intensifying their f...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43789

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PetroChina sued for 60m yuan over Jilin soil and water pollution

A Chinese government-backed environmental group said it has launched legal action against state-owned oil giant PetroChina for almost US$10 million ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43788

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Tokyo closes lower

Stocks in Tokyo closed down 0.41 as profit-takers moved in after the Nikkei surged to a nearly six-year high the previous day. The benchmark index ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43787

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KMB applies to raise fares

Kowloon Motor Bus has submitted its application for fare raise, Secretary of Transport Anthony Cheung Bing-leung said, adding that the government will...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43786

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New safety measures after ferry disaster

The government will implement a series of enhanced maritime safety measures over the next year, in response to recommendations made by a Commission of...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43785

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Tseung Kwan O man kills self after chopping wife

Police say that a man has fallen to his death after attacking his wife with a chopper at a housing estate in Tseung Kwan O. Officers said the the woma...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43784

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Convicted Singaporean football fixer aware of London fraud by compatriot facing charges

A notorious Singaporean football match-fixer has denied any links to an alleged plot in England after a suspect called him his “boss,’’ a report sai...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43783

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Carrier Liaoning sails into Sanya

Aircraft carrier, the Liaoning, carried out its first docking at Sanya City a naval harbor in southern Hainan Province today. The aircraft carrier wi...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43782

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Saber rattling in state media over foreign intruders in air defense zone

China's state media called for “timely countermeasures without hesitation'' if Japan violates the air defense zone, after Beijing sent fighter jets t...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43781

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Court upholds death sentence on baby killer

A court in Beijing on Friday upheld the death sentence on a man who killed an infant girl, aged 2, when he snatched her from her pram and threw her to...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43780

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Lebanon-Huawei deal to train telecom engineers

The Lebanese telecommunications ministry and Huawei signed a cooperation agreement in Beirut, to train 10 Lebanese students in communications engineer...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43779

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Survivors call for criminal probe on ferry tragedy

There's been a demand for the police to reveal whether an investigation has been launched into the possible criminal liability of government officials...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43778

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Hang Seng gains by break

Stocks in Hong Kong ended the morning session 0.32 percent higher in quiet trade owing to a holiday in US markets. The benchmark Hang Seng Index gain...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43777

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Mexico-based US, Japanese carmakers selling autos stripped of mandatory safety features

In Mexico's booming auto industry, the cars rolling off assembly lines may look identical, but how safe they are depends on where they are headed. (P...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43775

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Man jumps to death at Lohas Park, wife injured

A woman was in coma after being stabbed in Lohas Park, Tseung Kwan O this morning. A man, believed to be her husband, jumped to death from a flat at b...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43776

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Cold weather warning cancelled

The cold weather warning was cancelled at 11:45 am today. The Hong Kong Observatory said conditions have been dry due to an intense northeast monsoon...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43774

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Mexico grapples with 15,350 murders in 10 months, 1,317 kidnappings and alarming extortion

Gruesome mass graves, relentless drug cartels and emerging vigilantes and soaring kidnappings have put Mexican President Enrique Pena Nieto's (Pictur...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43773

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Start-ups helping start-ups overcome costs of launching businesses in Hong Kong













via Business feed http://www.scmp.com/business/article/1368552/start-ups-helping-start-ups-overcome-costs-launching-businesses-hong-kong

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Philippine typhoon deaths climb to 5,598

The death toll from the Philippine typhoon has increased to 5,598, the Philippine National Disaster Risk Reduction and Management Council said today. ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43770

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Japan leftists suspected for US base explosions

Two improvised rocket launchers were fired near a US military base near Tokyo, police said, adding no one had been hurt. “The incident occurred at 1...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43771

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Beijing airport bomber's six-year jail term affirmed

A court in Beijing upheld the verdict in the case of a wheelchair-bound man who was sentenced to six years in prison for setting off explosives at the...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43768

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Google collected Dutch personal info

Google is in breach of Dutch privacy laws and will have to change the way it operates, the Dutch privacy watchdog said following a seven-month inqui...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43767

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Sinopec seeks US$2.5 billion loan





The Chinese oil major Sinopec is seeking a US$2.5 billion syndicated loan.









via Business feed http://www.scmp.com/business/companies/article/1368535/sinopec-seeks-us25-billion-loan

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Two Singaporeans face football match-fixing charges in London

Two men with Singaporean nationality suspected of fixing matches in lower-league English football were charged in London with conspiracy to defraud,...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43766

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Five-year-old child critical

Another child is in a critical condition with a pneumococcal infection, the sixth patient being treated in hospital for the illness. The latest case...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43765

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(Football) Austria questions 20 players over match-fixing

Criminal investigators interrogated 20 current and former footballers in Austria Thursday for their alleged involvement in fixing at least 17 league m...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43764

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US Mormons shun and order out their own cleric disguised as homeless man on church premises

Members of a Mormon congregation in the state of Utah in the US encountered someone they thought was a homeless man at church Sunday. What they did no...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43763

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Hang Seng, Shanghai barely move

Hong Kong’s benchmark Hang Seng Index inched up 0.2 percent to 23,833.38 in early trading today. In Shanghai, shares were flat. The benchmark Shangha...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43762

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Archer Daniels chief says deal would have created value

Archer Daniels Midland said it was disappointed that Australia has prohibited ADMs proposed acquisition of GrainCorp. "We are disappointed by this d...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43761

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Opposition slams GrainCorp sale rejection

Australia's rejection of the sale of GrainCorp to US company Archer Daniels Midland citing `national interest' has been deplored by the opposition as...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43760

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‘Open for business’ Australia blocks GrainCorp bid by Archer Daniels citing 'national interest'

The Australian government rejected the A$3 billion (US$2.7 billion) sale of GrainCorp to American agribusiness giant Archer Daniels Midland, saying i...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43759

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Thursday, November 28, 2013

Indian mag chief Shoma Chaudhury quits under cloud

The managing editor of Indian investigative magazine Tehelka resigned today after coming under fire over her handling of allegations that the public...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43715

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Renmin University admissions office chief under investigation

Cai Rongsheng, head of the admission office of Beijing-based Renmin University of China, is under investigation, Ministry of Education spokeswoman Xu ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43714

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UN resolution on women’s rights defenders passed amid China, Vatican objections

A UN General Assembly committee has agreed a landmark first resolution on women's rights defenders, despite a campaign by an alliance including the ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43713

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Nikkei leaps to six-year high

Tokyo's benchmark Nikkei 225 index jumped 1.80 percent to its highest close in almost six years as a weak yen and record finishes on Wall Street hel...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43712

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Vanke issues 1 billion yuan dim sum bond





China Vanke, one of China’s few investment-grade property developers, issued a 1 billion yuan (HK$1.26 billion) dim sum bond on Wednesday night, according to a term sheet seen by the South China Morning Post.









via Business feed http://www.scmp.com/business/banking-finance/article/1367788/vanke-issues-1-billion-yuan-dim-sum-bond

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Seoul says military plane flew in China’s air zone without alerting Beijing

South Korea's military said one of its planes flew through China's newly-declared air defence zone in the East China Sea without informing Beijing. ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43711

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Shipping lines say proposed EU emissions rules will hamper their operations





Shipping lines are fighting a new environmental regulation that they said will not only lead to stringent control over their operations but will also pave the way for a carbon trading policy resembling the one that sparked controversy in the aviation sector.









via Business feed http://www.scmp.com/business/companies/article/1367768/shipping-lines-say-proposed-eu-emissions-rules-will-hamper-their

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Communists solidify party role in Vietnam in revised charter

Vietnam passed a revised constitution today that reaffirmed the dominant political and economic role of the Communist Party, disappointing reform advo...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43710

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Cold morning expected tomorrow

Temperature in urban area dropped to 12.8 degrees Celsius this morning, the lowest this winter so far. An intense northeast monsoon is hitting southe...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43709

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Driver held over boy's death

A driver has been arrested after his car hit and killed a 12-year-old boy in Ma On Shan. Police say the accident happened around 7am as the child was ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43708

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Hang Seng positive at mid day

Stocks in Hong Kong climbed 0.63 percent in the morning session following another record close for the Dow and S&P 500 on Wall Street. The benchmark...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43706

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Unaffordable home prices will put property market in risk, says Li

Cheung Kong Group chairman Li Ka-shing said unaffordable housing prices will put the property market in risk. In an interview with Southern Newspaper...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43707

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(NBA) Durant, Thunder halt Spurs run

Kevin Durant scored 24 points and the Oklahoma City Thunder snapped San Antonio's 11-game NBA win streak with a 94-88 home victory over the Spurs in...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43704

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Chinese man guilty of killing UK-based Chinese family

Chinese businessman Anxiang Du, 54, has been found guilty of the murder of his former colleagues and their two young children Du, a practitioner of ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43702

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(NBA) James leads Heat past former club

LeBron James scored 28 points, grabbed eight rebounds and passed out eight assists against his former club Wednesday to spark the Miami Heat over the ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43703

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Deputy head of petition bureau under investigation

The deputy head of China's authority in charge of public petitions is under investigation, according to the country's anti-corruption watchdog on Thur...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43701

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(Golf) Scott cards record 62 at Australian Open

Adam Scott set himself up today to capture the Australian golf “Grand Slam'' with a new course record on day one of the Australian Open. Scott bird...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43700

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Hubei deputy governor Guo Youming faces corruption investigation

China has placed a provincial vice governor under investigation, officials said, the latest senior official to fall in a highly-publicized anti-graf...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43699

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Beijing's antigraft crackdown forces foreign firms to rethink business practices in China





Creating guanxi – relationships or connections – used to be a reliable way for multinational firms to break into the China market.









via Business feed http://www.scmp.com/business/china-business/article/1367696/beijings-antigraft-crackdown-forces-foreign-firms-rethink

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Thai PM survives no-confidence vote

Thailand's embattled Prime Minister Yingluck Shinawatra easily survived a parliamentary no-confidence vote against her, the house speaker said. “Pr...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43698

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Tamagotchi virtual pets return

Tamagotchi, the egg-shaped virtual pet loved by schoolchildren in the 1990s, is making a comeback and is set to hit the shelves of European shops in ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43697

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Moscow sees red over giant Louis Vuitton suitcase

French luxury label Louis Vuitton has been ordered by Russian authorities to dismantle a 30 meter long, 9 meter high, pavilion built to resemble an LV...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43696

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Li Ka-shing laughs off 'divestment' claims

Billionaire Li Ka-shing has laughed off suggestions that he and his conglomerates Cheung Kong and Hutchison Whampoa are planning to exit Hong Kong. I...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43695

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Aging radio man David Herman, 77, faces child sex charges

A former New York City radio personality has appeared in federal court to face charges he tried to transport a 7-year-old girl to the US Virgin Island...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43693

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Man arrested for Sham Shui Po murder

A 53-year-old woman was found dead in a flat in Fook Wah Street, Sham Shui Po. Police arrested a 63-year-old man -- who is believed to be her husband ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43694

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Nikkei rallies at break

Stocks in Tokyo advanced 1.18 percent thanks to a weak yen and following another record close on Wall Street. The benchmark Nikkei 225 index gained 18...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43692

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Philippines reports 7pc growth

Philippine economy grew 7 percent in July-September, the government said. “The domestic economy grew by 7 percent in the third quarter,'' Jose Albe...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43691

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Li Keqiang urges broader cooperation with Romania

Premier Li Keqiang and Romanian President Traian Basescu (pictured) have pledged to boost practical cooperation. China and Romania enjoy a profound f...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43690

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(Champions League) Vulnerable Leverkusen allow ManU to dominate

Manchester United confirmed their place in the Champions League's knock-out phase with a 5-0 win at an overwhelmed Bayer Leverkusen in Germany. It ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43689

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China Gas in talks to buy 2 billion yuan of projects from parent





China Gas, the mainland’s largest city gas distributor, is in talks to buy a 2 billion yuan city gas portfolio from its biggest shareholder, Beijing Enterprises Group, according to sources with the companies.









via Business feed http://www.scmp.com/business/commodities/article/1367658/china-gas-talks-buy-2-billion-yuan-projects-parent

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(Champions League) Shakhtar roll over Real Sociedad

A trio of Brazilians scored to lead Shakhtar Donetsk to a comprehensive 4-0 win over Real Sociedad in the Champions League yesterday in Ukraine. Luiz...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43688

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(Champions League) Perfect 10 for Bayern, Real rout Galatasaray

Nine-time winners Real Madrid qualified for the Champions League's last 16 alongside Manchester United and Paris Saint-Germain yesterday, while Juvent...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43687

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(Champions League) City tested, but prevail against Czech champs

Manchester City's prolific strike force bailed out their vulnerable defense in a 4-2 win over Viktoria Plzen yesterday in Manchester, UK, that kept al...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43686

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Lawyers question Giant Interactive buyout





It may be quiet in the US during the Thanksgiving holiday, but shareholder lawyers were hard at work scrutinising the new management-led buyout offer for online game operator Giant Interactive (NYSE: GA), with at least two hinting they will file lawsuits to seek a better









via Business feed http://www.scmp.com/business/companies/article/1367646/lawyers-question-giant-interactive-buyout

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(Football) Giggs closes in on 40

With a vintage cameo at Cardiff City last weekend, Ryan Giggs demonstrated that he remains an integral player for Manchester United despite the arri...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43685

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Singaporean exposed in London newspaper sting on football match fixers, six arrested

Police in London have made six arrests as part of an investigation into a suspected international betting syndicate which allegedly fixed English foot...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43684

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Argentina arrests five Chinese in scuffles with looters

Police in Argentina arrested 50 people including five Chinese in the central region for trying to loot supermarkets, authorities said. Five of the s...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43683

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Hang Seng, Shanghai open higher

Stocks in Hong Kong gained 0.54 percent in the first few minutes of trade following another record close for the Dow and S&P 500 on Wall Street. The...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43682

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Are you getting all your Cathay Pacific Asia Miles?





Who checks and counts their Asia Miles when the statement comes in every month to see they have been credited with the right number of miles? I don’t, but I probably should.









via Business feed http://www.scmp.com/business/money/wealth/article/1367641/are-you-getting-all-your-cathay-pacific-asia-miles

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Brazil football stadium death may delay completion

The fatal accident at a Brazilian World Cup stadium could mean that it misses a December 31 deadline for completion, authorities warned. Two worker...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43681

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Sri Lanka begins war casualty count

Sri Lanka was to begin compiling a death toll from its war against Tamil terrorism today as it seeks to fend off pressure over allegations of mass k...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43680

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Washington Post to book US$159m from office building sale

The Washington Post confirmed it has agreed a deal to sell its historic office building in the heart of the US capital. The newspaper said the sale ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43679

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Demi Moore single once again

Former Hollywood power couple Demi Moore and Ashton Kutcher are officially divorced, two years after she announced their split, according to legal d...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43678

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South Korea's current account surplus hits record as domestic demand stays weak





South Korea’s current account surplus surged to a record high last month as exports grew more than imports, official data showed on Thursday, underscoring still-weak domestic demand while adding to upward pressures on the won.









via Business feed http://www.scmp.com/business/economy/article/1367635/south-koreas-current-account-surplus-hits-record-domestic-demand

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North Koreans to be freed from Panama detention

Panama will release 32 of 35 North Korean sailors detained for carrying undeclared Cuban arms as their ship was about to transit the Panama Canal, t...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43677

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London mayor stands up for greed

London mayor Boris Johnson hailed greed as a “valuable spur to economic activity'' as he spelt out his vision of modern Thatcherism at a speech hono...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43676

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‘Silly’ Bieber told to clean up Australia mess

Canadian teen heartthrob Justin Bieber was told to clean up his mess after the pop star was accused of spraying graffiti on the wall of an Australian...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43675

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Tokyo rallies 1pc

Stocks in Tokyo opened 1.12 percent higher after the US dollar moved past 102 yen for the first time in six months. The Nikkei 225 index gained 172.56...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43674

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Canberra insists on rejecting China’s air defense zone

Australia refused to back down from its criticism of China's newly-declared air defence identification zone. Canberra on Tuesday summoned Beijing's ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43673

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Bitcoin tops US$1,000 for first time





The price of the digital currency bitcoin soared above US$1,000 for the first time on Wednesday, extending a surge this month after a US Senate hearing on virtual currencies.









via Business feed http://www.scmp.com/business/banking-finance/article/1367629/bitcoin-tops-us1000-first-time

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Wednesday, November 27, 2013

Little information about security committee

The Secretary for Security, Lai Tung-kwok, has told legislators that very little is known about China's recently announced creation of a State Securit...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43658

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Suu Kyi rejects ‘ethnic cleansing’ label for communal violence

Myanmar pro-democracy leader Aung San Suu Kyi defended herself in Australia against criticism that she should be doing more to defend a Muslim minorit...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43657

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European markets edge up

Europe's main stock markets were up slightly in opening deals. London's benchmark FTSE 100 index up 0.05 percent to 6,693.25 points. Frankfurt's DAX...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43656

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Positive close in Hang Seng, Shanghai

Stocks in Hong Kong gained 0.53 percent, in line with gains in Shanghai and following another record close on Wall Street. The benchmark Hang Seng In...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43655

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Customs office targets Shanghai trade zone smugglers

Shanghai customs opened an anti-smuggling sub-bureau in the China (Shanghai) Pilot Free Trade Zone. The rapidly evolving environment in the FTZ means...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43654

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China frowns at Canberra’s air zone comments

China dismissed Australia’s criticism of its newly-declared air defense identification zone as “completely mistaken'' and raised the possibility of d...



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Cooler nights and mornings forecast for HK

Hong Kong will experience much cooler weather tonight, the weather forecasters said. The mornings will be cooler in the next few days, the Hong Kong ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43652

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US city breathes easier after Sriracha sauce factory curbed

A US judge has provided a dose of cold water to the hot sauce Sriracha, ruling Tuesday that the Southern California factory making the trendy condimen...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43650

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Moscow nabs 14 Islamic extremists

Russia's interior ministry said agents had detained 14 radical Islamists in Moscow who belonged to a banned offshoot of the Al-Qaeda terror network. ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43649

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Tokyo sets stage for national security panel

Japan's parliament passed a law to create a US-style National Security Council, giving the prime minister's office greater authority as Tokyo grappl...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43648

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Tokyo falls at close

Stocks in Tokyo closed down 0.42 percent with investors locking in profits following recent highs. The benchmark Nikkei 225 index, which rose to a six...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43647

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Taxman corners Pacman for US$50m in dues, but boxer goes to court

Philippines authorities demanded that boxer Manny Pacquiao pay a US$50 million tax bill or risk having assets seized, but he vowed to take the fight ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43646

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Thai protesters widen agitation

Flag-waving protesters vowing to topple Thai Prime Minister Yingluck Shinawatra took to the streets of Bangkok for a fourth straight day today, declar...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43645

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Cool country overload from Garth Brooks

US country singer Garth Brooks is not ready to talk specifics about his looming comeback, but there should be more than enough music this week to sate...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43644

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Delivery network gives edge to e-commerce firm in shadow of Alibaba





Courier Chen Honglei packs boxes of clothing, appliances and utensils into his electric three-wheeler to deliver to customers in northwestern Beijing, helping China’s second-largest e-commerce company, Jingdong, maintain its logistics edge in a cutthroat market.









via Business feed http://www.scmp.com/business/china-business/article/1367115/delivery-network-gives-edge-e-commerce-firm-shadow-alibaba

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Polluting BBQs snuffed out

Beijing is waging a war against air pollution and it is doing so one barbecue at a time. Authorities in the capital have destroyed more than 500 ope...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43643

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Beijing says US bombers tracked in air zone

China “monitored'' US B-52 bomber flights in its newly-declared air defense identification zone, the defense ministry said. The flight of the giant ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43642

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US detains Indian pharma firm Wockhardt’s drugs

The US health regulator has restricted exports from a plant owned by Indian generic drugmaker Wockhardt in the latest ban on its products, sending t...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43641

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(NBA) Golden States beat New Orleans

Klay Thompson scored 22 points and tied a career high with eight assists as Golden State snapped a three-game skid by defeating New Orleans 102-101. ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43640

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(NBA) Nets pull out of losing streak

Andray Blatche scored 24 points, Joe Johnson had 21 as Brooklyn snapped a five-game losing streak by beating Toronto 102-100 in the National Basketbal...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43638

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(NBA) Wall, Nene lead Wizards past Kobe-less Lakers

John Wall stayed hot with 31 points and nine assists, Nene had a career high 30 as Washington broke Los Angeles' three-game winning streak in the Nati...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43637

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Merkel signs on to left-right coalition

German Chancellor Angela Merkel agreed to form a coalition government with campaign rivals the Social Democrats, two months after her conservatives w...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43639

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(NBA) Orlando end road slump, beat Hawks

Arron Afflalo scored 26 points, Victor Oladipo and Andrew Nicholson added 18 apiece as the Orlando Magic snapped a 17-game road losing streak with a 1...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43636

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Development bureau has new under secretary

Eric Ma Siu-cheung has been appointed as the under secretary of the Development Burea. He will assume office on January. Aged 50, Ma is a professiona...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43635

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Beijing says air zone protects straits interests

The newly-established East China Sea Air Defense Identification Zone is in line with the interests of both sides of the Taiwan Strait, a mainland spok...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43634

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Joy at home over woman enslaved by Indian in London

Police in Kuala Lumpur said one of three women allegedly held as slaves in London for 30 years was a Malaysian who went missing in the 1960s, prompti...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43633

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Pacman boxed in by taxman demanding certified US paperwork, promoter assures payments

Filipino boxer Manny Pacquiao's promoter says he expects certified US tax paperwork to be received by authorities in Manila “very soon'' after they fr...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43632

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Six killed in blast near southern India nuke plant

A crude bomb exploded near a nuclear plant in southern India, demolishing two houses and killing six people, police said. One of three people seriousl...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43631

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Govt confirms new appointment of under secretary

The Financial Services and the Treasury Bureau announced today that Julia Leung Fung-yee will leave the government upon her resignation with effect fr...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43629

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Wife of former CS fined HK$110k

Lisa Kuo Yu-chin, wife of former chief secretary Henry Tang Ying-yen, was fined HK$110,000 over the illegal structures found in the Kowloon Tong resid...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43630

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60 Minutes reporter Lara Logan called to account over dodgy claims in Benghazi attack report

US network CBS ordered “60 Minutes'' correspondent Lara Logan and her producer to take a leave of absence Tuesday following a critical internal review...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43628

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Rapist Li Tianyi’s 10-year jail term affirmed

An appeal against a rape conviction by the teenage son of a Chinese general has been rejected, court authorities said, after a case that highlighted ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43627

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Hang Seng inches up by break

Hong Kong stocks ended the morning session 0.54 percent higher on Wednesday following a positive lead from Wall Street. The benchmark Hang Seng Index...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43626

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Surf’s the biggest natural killer in Australia

The Australian surf kills more people than bushfires, cyclones, floods and sharks combined, according to a study which found rip currents were far mo...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43625

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Historic American book fetches record US$14.2m

The first book written in what is today the United States of America fetched US$14.2 million in New York Tuesday, becoming the world's most expensiv...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43624

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Court upholds sentence for singers' son

A mainland court has upheld a ten year prison term imposed on a teenager for leading the gang rape of a woman in Beijing in February. Seventeen-year-...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43623

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Road King issues 2.2 billion yuan dim sum bond





Road King Infrastructure has priced a 2.2 billion yuan (HK$2.8 billion) dim sum bond. The three-year bond has a yield of 6 per cent.


The issuer develops property and owns toll roads on the mainland. It is rated B1 by Moody’s and BB- by Standard & Poor’s.









via Business feed http://www.scmp.com/business/banking-finance/article/1367000/road-king-issues-22-billion-yuan-dim-sum-bond

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OJ Simpson retrial rejected

A US judge rejected a request by jailed former American sports star O J Simpson for a retrial over his conviction for a 2007 casino robbery in Las V...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43622

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China terrorism related arrests surpass 1,000

China arrested more than 1,000 people for “endangering state security'' in 2012, up nearly 20 percent from the previous year, an advocacy group said....



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43621

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Legco report condemns ex-ICAC head

Legislators have condemned Timothy Tong Hin-ming for overspending during his time as head of the ICAC. A report by the public accounts committee desc...



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BEA wins bankruptcy order against ex-chief secretary Rafael Hui

A court this morning issued a bankruptcy order against former chief secretary Rafael Hui Si-yan. Hui, 65, allegedly owes Bank of East Asia HK$60 mill...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43619

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Former HKMC chief said to take financial undersecretary post

Hong Kong Mortgage Corp's retired chief executive James Lau is said to be appointed as the undersecretary of Financial Services and Treasury Bureau. ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43618

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British bankers face annual competency checks under proposed law





Britain’s senior bankers will face an annual competency check under new laws being drawn up in Parliament to reform the British banking sector and protect it against future crises.









via Business feed http://www.scmp.com/business/banking-finance/article/1366982/british-bankers-face-annual-competency-checks-under

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Green Dragon in talks with Chinese state-backed firms over fruits of disputed drilling





Green Dragon Gas, an explorer for natural gas trapped between coal seams, is in talks with Chinese state-backed partner CNOOC and its China United Coal Bed Methane (CUCBM) unit on the sharing of reserves and output from drilling done allegedly without its consent.









via Business feed http://www.scmp.com/business/commodities/article/1366976/green-dragon-talks-chinese-state-backed-firms-over-fruits

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Finance undersecretary reportedly resigns

Under Secretary for Financial Services and the Treasury Julia Leung Fung-yee has reportedly resigned, where the government is expected to make an anno...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43617

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Nikkei dips by break

Tokyo stocks were down 0.40 percent Wednesday morning despite advances on Wall Street, with investors locking in profits following recent highs and ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43616

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To attract private equity funds, Hong Kong should allow limited partnerships, advisory body says





The Hong Kong government should consider introducing a change in the law to allow private equity funds to be set up as limited partnerships, so as to further enhance the city’s fund industry, a member of a government advisory body says.









via Business feed http://www.scmp.com/business/banking-finance/article/1366951/attract-private-equity-funds-hong-kong-should-allow-limited

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New York Times keeps loss-making Chinese website under review





New York Times Co chief executive Mark Thompson said the publisher is going to keep all its money-losing operations under review – including those in China – as he seeks to negotiate the newspaper’s increasing shift towards a digital landscape.









via Business feed http://www.scmp.com/business/companies/article/1366923/new-york-times-keeps-loss-making-chinese-website-under-review

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Britain's Serious Fraud Office mulling RBS probe, report says





Britain’s Serious Fraud Office is considering the possibility of launching a criminal investigation into allegations that Royal Bank of Scotland mistreated struggling small businesses, the Financial Times reported on Tuesday, citing five people familiar with the









via Business feed http://www.scmp.com/business/banking-finance/article/1366908/britains-serious-fraud-office-mulling-rbs-probe-report-says

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US Justice Department expands China hiring probe to Morgan Stanley





The US Justice Department is probing Morgan Stanley for its hiring practices in China, according to a person familiar with the matter.









via Business feed http://www.scmp.com/business/china-business/article/1366890/us-justice-department-expands-china-hiring-probe-morgan

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Tuesday, November 26, 2013

British woman in court over deaths of Lantau cows

British woman Sarah Ann Wilson who is alleged to have been involved in the deaths of eight cows on Lantau island late June, appeared in court today ac...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43599

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Three deals mark Shanghai carbon trading start

Shanghai launched carbon emission trading today, carrying out three transactions on the first day. The commercial hub became the country’s second mark...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43598

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China South City prepares debt offering





China South City Holdings has mandated UBS, Citi, HSBC, Bank of America Merrill Lynch, Credit Suisse and ICBC International to arrange a series of investor meetings in Singapore and Hong Kong starting on November 28, according to a term sheet seen by the South China M









via Business feed http://www.scmp.com/business/companies/article/1366244/china-south-city-prepares-debt-offering

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Hang Seng closes flat, Shanghai falls

Stocks in Hong Kong ended flat for a second straight day following a tepid lead from Wall Street. The benchmark Hang Seng Index dipped 3.17 points to...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43597

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Russian military adviser gunned down in Yemen

Two gunmen on a motorbike shot dead a Russian military adviser and wounded another as they left a hotel in the Yemeni capital, a security official s...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43596

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Remains of oldest Buddhist shrine found

Archeologists in Nepal say they have unearthed traces of a timber structure in southern Nepal that they believe is the oldest Buddhist shrine. Kosh P...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43595

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Developers reject CCTV claims on unpaid taxes

Leading real estate developers in China have dismissed a state media report that claims they owe a massive amount in unpaid land taxes. Listed compan...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43594

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Chinese citizens warned to stay out of harm’s way in turmoil-ridden Bangkok

China issued an alert today to warn its citizens now in Bangkok or about to leave for the city to avoid protest sites. (Pictured, tourists outside th...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43593

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For China's reforms, Guangdong is where the rubber hits the road





Just days after China announced sweeping reforms to revitalise its economy, several hundred striking workers rallied outside a Nokia factory in its wealthiest and most industrialised region shouting: “Protect our rights!”









via Business feed http://www.scmp.com/business/economy/article/1366152/chinas-reforms-guangdong-where-rubber-hits-road

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Two slain in Bangladesh political violence

Police clashed with opposition supporters demanding that the Bangladesh government drop a plan to hold general elections on January 5 in the latest ro...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43592

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Canberra objects to Beijing’s ‘unilateral’ air zone

Australia said it summoned Beijing's ambassador to voice opposition to China's sudden announcement of an air defense identification zone over the Ea...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43591

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Nikkei ends lower on stronger yen

Tokyo stocks lost 0.67 percent on Tuesday, a day after closing at a six-month high, as the dollar's rally on the yen fizzled, hitting exporter shares....



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43590

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Lawmaker calls for protection for enclaves

The Town Planning Board has been urged to do its best to protect three country park enclaves in Saikung and Plover Cove from development. The board's...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43589

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Oil prices likely to fall in wake of Iran accord





Oil prices could be headed lower after the preliminary nuclear deal between Iran and six world powers, even though it does not allow the country to export more oil.









via Business feed http://www.scmp.com/business/commodities/article/1366125/oil-prices-likely-fall-wake-iran-accord

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Protesters defy PM Yingluck’s edicts and lay siege to more state organs in Bangkok

Thai protesters besieged several more government ministries Tuesday as part of their efforts to topple unpopular Prime Minister Yingluck Shinawatra,...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43588

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British service sector hiring at fastest rate since 2007





British service-sector firms are hiring new staff at the fastest rate in six years and are planning to ramp up investment as the country’s economic recovery gathers momentum, a survey showed on Tuesday.









via Business feed http://www.scmp.com/business/economy/article/1366115/british-service-sector-hiring-fastest-rate-2007

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Shanghai home buyers biding time, supply falls to new low

Home buying sentiment in Shanghai was sluggish last week despite a slight rebound, as sales stayed below a 300,000 square-meter threshold, and supply ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43587

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Brazil actress and soap win global Emmys

French drama series “Les Revenants'' (The Returned) was named the best international drama series at the International Emmy Awards in New York Monda...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43586

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Four high-speed train workers killed

A high-speed train killed four maintenance workers in China after a communication failure, state media reported. The D28 train was at least 11 minut...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43585

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Hang Seng up by break

Hong Kong stocks rose 0.21 percent by the break in quiet trade on Tuesday, in line with a broad uptick in the region. The benchmark Hang Seng Index r...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43584

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153 new HIV cases in HK

Health officials say 153 cases of HIV -- the virus which can lead to AIDS -- were reported in Hong kong in the third quarter of this year, bringing th...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43583

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Vaccinations to start next month

The Secretary for Health, Ko Wing-man, says it will take a few weeks to implement a plan to provide the latest pneumococcal vaccine for children aged ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43582

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(NBA) Nowitzki moves to 14th in scoring list

Dirk Nowitzki of the Dallas Mavericks has moved past Brooklyn's Kevin Garnett on the NBA's scoring list, at least for now. The German star made two f...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43581

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Malaysia rattled by Singapore’s suspected role in spying

Malaysia summoned the high commissioner from neighboring Singapore over a media report that said the island helped facilitate US-Australian surveilla...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43580

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(NBA) Pacers blow away T-Wolves

George Hill and Paul George each scored 26 points Monday to lead Indiana over Minnesota 98-84, giving the Pacers their 13th triumph in 14 games to o...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43579

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(NBA) James, Wade sink Suns

LeBron James scored 35 points and Dwyane Wade added 21 points and 12 assists Monday in Miami in the US NBA to spark the reigning champion Miami Heat...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43578

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Briton McAfee faces lawsuit over apartment issues

Anti-virus software entrepreneur John McAfee has been evicted from his apartment in the US city of Oregon in Portland, and hit with a civil stalking c...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43577

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Heilongjiang factory roof collapse kills nine

The roof of a factory building has collapsed in northeast China, killing nine people. Xinhua says Monday's lunchtime collapse was probably caused by...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43576

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Bitcoin: currency of the future or just another type of tulip mania?





It was one of the runners-up for the word of the year as chosen by Oxford Dictionaries; it has received a partial blessing from Ben Bernanke, the chairman of the US Federal Reserve, but a warning from US law enforcement agencies; it has soared in value by 5,000 per cent s









via Business feed http://www.scmp.com/business/banking-finance/article/1366056/bitcoin-currency-future-or-just-another-type-tulip-mania

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Seven Sinopec workers held over Qingdao explosion

Police have detained seven employees of China's largest oil refiner, Sinopec, following last week's oil pipeline blast that killed at least 55 people ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43575

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Malaysian suspect in US Navy bribes scandal denied bail citing flight risk

A Malaysian businessman at the heart of a multi-million-dollar US Navy bribery case was ordered held without bail Monday. A federal judge said his wea...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43574

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South Korean starlets escape jail for propofol abuse

Three South Korean actresses have been handed suspended jail terms for abusing propofol, a short-acting sedative and anesthetic. Park Si Yeon (pict...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43573

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Bangkok puts up barriers ahead of no-confidence vote in parliament

Thailand's unpopular premier appealed for an end to “mob rule'' as she prepared to face a no-confidence debate in parliament after protesters occupi...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43572

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China prepares to roll out ‘Jade Rabbit’ on moon surface

China will launch its maiden probe to land on the moon early next month, state media said. The lunar rover will be named “Jade Rabbit'' reflecting Ch...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43571

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Tokyo falls at break

Stocks in Tokyo eased 0.69 percent, a day after closing at a six-month high, as the yen edged up against the US dollar, hitting exporter shares. The...



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Japanese dad held over school gun

Japanese police have arrested a man after a teacher in his son's school shot a chair in the staff room with the father's revolver, officials and rep...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43569

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China joins Hungary and Serbia in rail project

Premier Li Keqiang said in Bucharest that an agreement has been reached with Hungary and Serbia to jointly build a railway between the latter two coun...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43568

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Premier Li sees investment opportunities in central and eastern Europe

Premier Li Keqiang met in Bucharest with his counterparts from Bosnia and Herzegovina, Croatia, Lithuania and Estonia Monday. Li briefed them on refo...



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US$16,200 per head event to fill Obama campaign pot

US President Barack Obama was in Los Angeles for private fundraisers, including one at basketball star Magic Johnson's home, rubbing elbows with Holl...



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Savvis seeks partners for data centres in mainland China





Savvis, an international provider of managed information-technology infrastructure services, plans to forge strategic partnerships on the mainland early next year to tap into the growing demand for data centres in the world’s second-largest economy.









via Business feed http://www.scmp.com/business/china-business/article/1366005/savvis-seeks-partners-data-centres-mainland-china

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More British women seeking lesbian encounters

The number of British women having lesbian encounters has quadrupled in the past 20 years, according to the largest survey of Britain's sexual habits...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43565

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Hang Seng subdued, Shanghai positive

Stocks in Hong Kong opened flat in quiet regional trade following a soft lead from Wall Street. The benchmark Hang Seng Index dipped 9.08 points to 2...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43564

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Tiny Pacific islands face economic ruin from climate change

The Pacific region faces serious economic losses due to climate change and it is critical that nations causing the problem step in to help, the Asian...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43563

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Pretty Woman producer Arnon Milchan led secret life as Israel's nuclear bomb technology buyer

Stories about Hollywood producer Arnon Milchan's (pictured with wife Amanda) alleged double life have been circulating for years. Now, the Israeli bu...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43562

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Cows, and oil and gas in three American states emit more methane into the air

The United States is spewing 50 percent more methane _ a potent heat-trapping gas _ than the federal government estimates, a new comprehensive scienti...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43561

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EU trying to close 'letter-box subsidiary' tax loophole





The European Commission will attempt to close a loophole that allows companies to cut their tax bill, a top official said on Monday, but the EU executive will first need to persuade member countries to back the change.









via Business feed http://www.scmp.com/business/economy/article/1365995/eu-trying-close-letter-box-subsidiary-tax-loophole

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US inquiry draws blank on why school gunman killed

Why a young gunman went on a murderous shooting rampage at a US school a year ago is still a mystery, prosecutors said Monday in a report that ended t...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43560

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US regulator lifts ban on diabetes drug Avandia, but orders prescribing of diet and exercise regime

US authorities lifted restrictions on the prescription of diabetes drug Avandia after a new study indicated it did not carry an elevated risk of hea...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43559

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Sellers pull Tokyo lower

Stocks in Tokyo opened 0.75 percent lower as a slight rebound in the yen against the US dollar created early selling pressure. The benchmark Nikkei ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43558

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Macau’s fake volcano disappears





Not only will the fake volcano at Fisherman's Wharf in Macau never erupt again, it will very soon cease to be at all.









via Business feed http://www.scmp.com/business/money/wealth/article/1365981/macaus-fake-volcano-disappears

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Monday, November 25, 2013

Death toll rises to 55 from Shandong oil pipeline blast

The death toll from Friday's oil pipeline blast in east China's Shandong Province has risen to 55 with nine people still missing and 136 hospitalized,...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43524

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Video scanned in search for missing baby

Police are continuing to search for six-month-old girl who's reported to have been abducted in Kowloon City on Saturday. Detectives are studying foot...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43523

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HK to see 2-4pc growth: survey

Hong Kong businesses are expecting annual economic growth of between two and four percent in the next two years. The Business Prospects Survey conduc...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43522

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26 in peril after cargo vessels sink off Yantai

Altogether 26 people are missing after two ships sank in separate incidents off the coast of east China's Shandong Province Sunday night and in the mo...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43521

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Beijing objects to US sea defense zone remarks

China's Foreign Ministry said it has complained to the United States over its “irresponsible remarks'' about China's drawing up of a sea air defense z...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43520

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Icon winner Rihanna makes mother proud

Rihanna and her mother (pictured) took center stage at the American Music Awards in Los Angeles in the US as the singer received the first Icon Award....



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43519

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Seoul insists on control of submerged rock

South Korea stressed its “unchanging'' control over an area that overlaps with China's newly-declared air defense zone and said it would raise the i...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43518

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Beijing’s ‘beauty’ treatment seen as veiled threat in Xinjiang

A Chinese government worker in the ancient Silk Road oasis of Kashgar beckons two women to her streetside stand and logs their details (pictured) un...



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Shanghai free-trade precinct will struggle to provide legal comfort zone for businesses, analysts say





Shanghai is keen to copy Hong Kong’s economic model for its newly launched free-trade zone. But finding an equivalent for the centuries-old common-law system the former colony inherited from Britain may be easier said than done.









via Business feed http://www.scmp.com/business/china-business/article/1365169/shanghai-free-trade-precinct-will-struggle-provide-legal

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(Rugby) Aussie player charged with domestic violence

A Manly Sea Eagles rugby league player in Australia has been charged following an alleged domestic violence incident and a subsequent police car cha...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43516

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Nikkei jumps by break

Tokyo stocks were up 1.31 percent Monday morning as the yen sank against the dollar and after Wall Street hit another record high. The benchmark Nikk...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43515

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Wings beat Sabres 3-1

Jonas Gustavsson made 21 saves, including a stop on Steve Ott's penalty shot, as the Detroit Red Wings sent the Buffalo Sabres to their fourth straigh...



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Hong Kong firms need to gear up for challenges from free-trade zones, says HSBC's Asia-Pacific chief





Hong Kong companies need to prepare for the challenges posed by the rapid development of free-trade zones on the mainland, HSBC Asia-Pacific chief executive Peter Wong Tung-shun said on Monday.









via Business feed http://www.scmp.com/business/china-business/article/1365146/hong-kong-firms-need-gear-challenges-free-trade-zones-says

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Top mainland banker's move into private equity could inspire others





Xiao Suining is the latest top banker to move into private equity, a growing trend in the financial industry.









via Business feed http://www.scmp.com/business/banking-finance/article/1365130/top-mainland-bankers-move-private-equity-could-inspire

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Premier Li due in Romania

Prime Minister Li Keqiang arrives in Romania today ahead of a summit with 16 Central and Eastern European leaders keen to woo investment from Beijin...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43513

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Hang Seng positive, Shanghai dips

Stocks in Hong Kong opened up 0.56 percent, in line with a regional rally, following another record close on Wall Street. The benchmark Hang Seng Ind...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43512

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HK child sex suspects held

Police say more than a dozen people have been arrested over the past few months for alleged involvement in producing child pornography, as well as eng...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43510

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Louise Erdrich wins American Book Award

Louise Erdrich's novel “The Round House'' is among the winners this year of an American Book Award, which celebrates the diversity of US literature. ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43509

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(Motor racing) Vettel wraps up season on a high

Sebastian Vettel won Formula One's season-ending Brazilian Grand Prix Sunday in Brazil, matching Michael Schumacher's record of 13 victories in a year...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43508

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(Footbal) Roma president denies Chinese investment rumor

Roma president James Pallotta Sunday hit out at Italian banking group Unicredit after it claimed the Serie A title challengers are in advanced talks...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43507

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RBS forced firms to default, then seized their assets, British government report says





The Royal Bank of Scotland faced fresh damage to its reputation on Monday after the British government handed financial watchdogs a report claiming it forced small firms to default in order to seize their assets.









via Business feed http://www.scmp.com/business/banking-finance/article/1365109/rbs-forced-firms-default-then-seized-their-assets-british

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(Golf) Feng Shanshan’s faith in her goals pays off

China's Feng Shanshan fired a bogey-free six-under par 66 on Sunday to win the season-ending US$2 million LPGA Titleholders tournament in the US by ...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43506

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(NBA) Clippers rout Bulls in absence of Rose

Playing their first NBA game since Derrick Rose suffered a serious right knee injury, the Chicago Bulls were routed 121-82 by the Los Angeles Clippe...



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(Cricket) Aussie sledging at full tilt against England

Australian skipper Michael Clarke insists there is no animosity with England despite the final day of the first cricket test turning nasty with tail...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43504

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Xi urges secret work safety checks after Qingdao carnage

President Xi Jinping has ordered a large-scale production safety check and warned various industries to learn the lesson after Friday's fatal explosio...



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Obama underlines Iran nuclear deal commitment

US President Barack Obama called Israeli Prime Minister Benjamin Netanyahu Sunday to discuss an international nuclear deal with Iran, the White Hous...



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Honduran leftist female candidate seek change

Hondurans went to the polls amid tight security Sunday to pick a new president for their Central American nation. The election pits Xiomara Castro,...



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Nikkei edges up

Stocks in Tokyo opened 0.80 percent higher as the yen continued weak against the US dollar and euro. The benchmark Nikkei 225 index was up 123.06 poin...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43500

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Hong Kong man and British drug dealer suspects boasted of ability to provide North Korean meth

An international drug trafficker was caught on tape this year boasting about his ability to provide the US market with mass quantities of methamphetam...



via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=43499

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Nokia chairman defends Lumia sale





Nokia shareholders have approved the sale of its mobile-phone division to Microsoft after about 5,000 people braved icy rain in Helsinki to cast their vote and pay their last respects to a business that once dominated European phone manufacturing.









via Business feed http://www.scmp.com/business/companies/article/1364833/nokia-chairman-defends-lumia-sale

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Peugeot seeking new chief in deal with Dongfeng





PSA Peugeot Citroen is interviewing candidates to replace chief executive Philippe Varin, after partner Dongfeng Motor said a deeper alliance under negotiation should be accompanied by management change, sources said.









via Business feed http://www.scmp.com/business/companies/article/1364835/peugeot-seeking-new-chief-deal-dongfeng

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Chinese police in battle against fake army officers





The mainland's unbridled boomtown ethos has famously spawned a world of counterfeits. Fake Apple stores, fake pharmaceuticals and even fake meat have hit the headlines.









via Business feed http://www.scmp.com/business/china-business/article/1364834/chinese-police-battle-against-fake-army-officers

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Shanghai urged to relax offshore finance





BOC Aviation, the largest aircraft leasing company in Asia, is lobbying the Shanghai government to relax restrictions on offshore financing in the free-trade zone.









via Business feed http://www.scmp.com/business/china-business/article/1364826/shanghai-urged-relax-offshore-finance

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Apple still top seller in slower quarter





Apple kept its top sales ranking in the city for the second consecutive quarter, outselling all other major brands to remain the leading supplier of smartphones, media tablets and notebook computers in the three months to September.









via Business feed http://www.scmp.com/business/companies/article/1364824/apple-still-top-seller-slower-quarter

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SPT turns bullish on shale gas outlook





SPT Energy, a provider of oil and gas drilling services, expects the percentage contribution from shale gas projects to its revenues to triple in three years, as the development of nascent energy resource becomes more mature.









via Business feed http://www.scmp.com/business/commodities/article/1364705/spt-turns-bullish-shale-gas-outlook

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Cinda IPO receives US$1.1 b share pledge





A group of 10 investors, including Norway's sovereign wealth fund and Och-Ziff Capital Management Group, have committed to buy about US$1.1 billion into China Cinda Asset Management as part of its Hong Kong initial public offering, people familiar with the matter said yesterday.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1364717/cinda-ipo-receives-us11-b-share-pledge

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Offshore buying spree sparks boom in loans





Mainland firms are in the middle of an offshore acquisition binge, which is pushing up syndicated loan volumes.









via Business feed http://www.scmp.com/business/china-business/article/1364831/offshore-buying-spree-sparks-boom-loans

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Crossover SUVs aim to snare the urban young





Luxury carmakers are rushing to tap a growing trend for crossover compact sport utility vehicles in the United States, targeting young professionals who want a sporty feel with high-end cachet.









via Business feed http://www.scmp.com/business/companies/article/1364836/crossover-suvs-aim-snare-urban-young

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Chinese firms in Hong Kong 'more open to diversity'





As mainland firms continue to expand into Hong Kong, leading female professionals say this offers an opportunity for more women here to earn seats in the boardroom.









via Business feed http://www.scmp.com/business/china-business/article/1364841/chinese-firms-hong-kong-more-open-diversity

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Shenzhen port chiefs bid to lure container shipping lines from Hong Kong





Port authorities in Shenzhen are working aggressively to persuade foreign carriers to skip Hong Kong as a transit hub and do business directly with them, the Post has learned.









via Business feed http://www.scmp.com/business/china-business/article/1364806/shenzhen-port-chiefs-bid-lure-container-shipping-lines-hong

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Barclays under fire over African tax haven promotion





Barclays has come under fire for promoting the use of offshore tax havens as a route for companies investing in Africa.









via Business feed http://www.scmp.com/business/banking-finance/article/1364694/barclays-under-fire-over-african-tax-haven-promotion

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Taipan takes in the big picture





The next taipan, as the chairman of Swire Pacific is known, is a far cry from the traditional image of the autocratic British public school colonial. Drinking Nestea, a Swire beverages product, naturally, John Slosar is a deceptively laid-back American.









via Business feed http://www.scmp.com/business/companies/article/1364690/taipan-takes-big-picture

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Engineering change





Sixteen years ago, after three months of failed job applications, Sammi Wong Yuk-mei made two decisions when she applied for a civil engineering job in Hong Kong. She changed her name to Sam and omitted her gender.









via Business feed http://www.scmp.com/business/companies/article/1364840/engineering-change

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A lifetime of breaking the glass ceiling





The unfair treatment of a child maid, or a xiaoyatou, some 80 years ago inspired Linda Tsao Yang to a lifelong pursuit of equal opportunity for women.









via Business feed http://www.scmp.com/business/china-business/article/1364839/lifetime-breaking-glass-ceiling

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The US$229m question about Spring Reit's share offering





The US$229 million initial public offering of Spring Reit, a real estate investment trust that has two office buildings in Beijing's China Central Place, looks more like a private equity exit than a genuine rental growth story since the majority stakeholder, AD Capital, put more than 70 per cent of the vendor shares in the sale.









via Business feed http://www.scmp.com/business/article/1364838/us229m-question-about-spring-reits-share-offering

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Electric-car firm Fisker files for bankruptcy





Fisker Automotive, whose high-end electric cars caught the eye of Justin Bieber and other celebrities, has filed for bankruptcy protection.









via Business feed http://www.scmp.com/business/companies/article/1364832/electric-car-firm-fisker-files-bankruptcy

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BOC Fullerton to boost rural presence





BOC Fullerton Community Bank plans to double its presence on the mainland by operating 80 rural banks by the end of next year. It is targeting underserved farmers and small rural companies.









via Business feed http://www.scmp.com/business/banking-finance/article/1364837/boc-fullerton-boost-rural-presence

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China's rural bank struggles to attract deposits





Edible oil producer Ye Jianjun is the kind of borrower BOC Fullerton Community Bank likes to boast about. Two years ago, a local operation of the rural bank extended 100,000 yuan (HK$126,000) to Ye in Qichun county, Hubei province. He received the loan in 10 days and bought rapeseed in time to earn a big fortune.









via Business feed http://www.scmp.com/business/banking-finance/article/1364846/chinas-rural-bank-struggles-attract-deposits

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