Tuesday, April 21, 2015

(Baseball) White Sox score four in ninth to beat Indians

Melky Cabrera (Pictured) capped Chicago's four-run ninth inning with an RBI single off Cody Allen to send the White Sox to a 4-3 victory over the Clev...

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Frail 93-year-old on trial for war crimes

A former Nazi death camp officer dubbed the “bookkeeper of Auschwitz'' went on trial in Germany today. Almost 70 Holocaust survivors and victims' r...

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(NBA playoffs) Thompson, Curry spark Warriors' comeback

WARRIORS 97, PELICANS 87 Klay Thompson scored 26 points and Stephen Curry had 22 points and six assists as Golden State regrouped from an early def...

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Mainland state-owned firms to be scrutinized

China's state-owned enterprises (SOEs) are being asked to disclose information related to finances and performance in an effort to make them more tran...

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Hang Seng, Shanghai surge

Hong Kong stocks resumed their rally Tuesday, surging 2.79 percent after a heavy sell-off in the previous session, as dealers followed a strong lead...

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Sydney storm kills three

Three people died as the Australian state of New South Wales was lashed by a “once-in-a-decade'' storm Tuesday with homes washed away, thousands hit...

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Xi gets standing ovation in Pakistan Parliament

President Xi Jinping (Pictured with Pakistan Prime Minister Nawaz Sharif), lauded Pakistan's anti-terrorism efforts in a speech to parliament, vowing ...

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Rio Tinto iron ore output shrinks

Anglo-Australian mining giant Rio Tinto recorded lower-than-expected iron ore output for the first three months of the year blaming poor weather cond...

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Mexico investigates alleged police massacre

Mexican prosecutors and federal police internal affairs are investigating claims that officers killed 16 unarmed civilians in January, authorities s...

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Beijing takes dig at trickster Manila’s American cuddle

Philippines is nothing more than the “cute little submissive'' of the United States, a Chinese tabloid with close ties to the ruling Communist Party...

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(NHL playoffs) Ducks bounce back to take 3-0 series lead

Rickard Rakell scored at 5:12 of overtime to lift the Anaheim Ducks over the Winnipeg Jets 5-4 on Monday in Game 3 of their NHL playoff series. Anahe...

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Oil prices slip in Asia

Oil prices eased in Asia as dealers weighed China's monetary stimulus against a supply glut in the United States, analysts said. US benchmark Wes...

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Nikke rallies at close

Tokyo stocks rallied today following sharp gains on Wall Street to close up 1.40 percent, while a weaker yen supported exporters including Sony and ...

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Final few days for Mobile M+ moving images exhibit

If you haven’t had a chance to see the two-part exhibition of Mobile M+: Moving Images yet, there is still time to catch it before it closes this Sund...

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Insights on China investment law

At a British Chamber of Hong Kong presentation on Friday, Tracy Wut, partner of Baker & McKenzie will update participants about China’s draft Foreign ...

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Crafted to carry an architect’s essentials

The Tod’s men’s bag collection consistently underscores its assurances of made-in-Italy style and craftsmanship. The bags express understated luxury, ...

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Boxes of surprises

A French confectioner and global name in pearls have joined hands to create gift boxes for Hong Kong’s macaron lovers. Ladurée is packing its macaron...

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Chinese sniper remembered for Gallipoli contribution

Billy Sing earned the nicknames “The Murderer'' and “The Assassin'' as a sniper who shot more than 200 Ottoman troops during the Gallipoli campaign ...

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Abe makes offering to Yasukuni shrine

Japan's Prime Minister Shinzo Abe sent religious offerings today to a Tokyo shrine that honors convicted World War II leaders among its war dead. Abe...

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Leung unveils plaque for trial free trade zone

Chief Executive, Leung Chun-ying unveiled a plaque to mark the setting up of the China (Guangdong) pilot free trade zone today in Nansha. He was ac...

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Ethiopian named as migrant trafficking kingpin, traffickers charged US$4,000-plus for death voyage

Prosecutors in Palermo, Italy, said a trafficking ring they had cracked had generated transactions worth hundreds of thousands of euros crisscrossing ...

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93 rescued from battered wooden boat near Greek island

At least three people, including a child, were killed and 93 others were rescued when a wooden boat carrying dozens of migrants who had departed from ...

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Italian prosecutors say migrants locked in sunken vessel’s hold

New details have emerged about the weekend disaster off the coats of Libya, involving a boatload of migrants. Italian prosecutors say hundreds of mig...

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Hang Seng soars at mid-day

Hong Kong shares jumped 2.12 percent today, resuming a recent rally on expectations of more Chinese stimulus, while a Wall Street surge also provided...

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Tunisian faces murder rap for migrant death voyage to Italy

Italian prosecutors said they had arrested the migrant vessel’s captain and a crew member following the latest tragedy in which 800 have drowned. Ass...

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CRE offloads non-beer assets

China Resources Enterprise (0291) said it will sell its non-beer assets for HK$28 billion and 10-percent stake to its parent China Resources (Holdings...

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Greenback gains in Asia

The dollar ticked higher today despite comments from a US Federal Reserve official that cast doubt on a mid-year interest rate move, while Greece's ...

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At 600km per hour, Japan's maglev clocks up speed record

Japan's state-of-the-art maglev train set a world speed record today in a test run near Mount Fuji, clocking more than 600 kilometers (373 miles) an...

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Air pollution improves in China: Greenpeace

Air pollution levels in some of China's smoggiest cities fell by nearly a third in the first quarter of this year, environmental campaign group Gree...

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Australia secretly screened out Vietnamese at sea, UN reveals

The United Nations refugee agency said it had raised concerns with Australian authorities that a boatload of Vietnamese asylum seekers had their refug...

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Australia tells Europe to get aggressive: stop the migrant boats

Australia's prime minister urged European leaders to adopt tougher border control measures in the wake of the feared drowning of 800 migrants whose bo...

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(Boxing) Pacquiao bout stirs adulation

Manny Pacquiao's face is on shirts, dolls and postage stamps, his life story is playing in movie houses and millions are getting ready to party as t...

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(Boxing) Promoter Arum beats hasty retreat from Pacquiao briefing

Manny Pacquiao's teleconference call on Monday was abruptly halted just minutes after it began with promoter Bob Arum muttering an obscenity before ...

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(Snooker): Robertson eases through to second round

Australia's Neil Robertson eased past Jamie Jones with a 10-2 win in the first round of the World Championship yesterday in England and then said hi...

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(Yachting) Spanish yacht shrug off deduction to take lead

MAPFRE bounced back from a tough week when they took the early lead yesterday in the sixth leg of the Volvo Ocean Race from Itaja, Brazil, to Newpor...

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(Baseball) Doping cheat Braves pitcher McKirahan banned

Atlanta Braves pitcher Andrew McKirahan has been handed an 80-game ban for violating Major League Baseball's drug policy. McKirahan, who is in his ...

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Nikkei climbs at break

Tokyo stocks rallied following sharp gains on Wall Street, while a weaker yen supported exporters including Sony and rival Panasonic. The Nikkei 225...

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Italy-bound migrants reach safety

Survivors of the human smuggler’s vessel that overturned off the coasts of Libya Saturday, wait to disembark from Italian Coast Guard ship Bruno Grego...

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(NBA playoffs) Bulls take 2-0 lead over Bucks

Jimmy Butler scored 31 points as Chicago beat Milwaukee 91-82 on Monday to take a 2-0 lead in their first-round NBA playoff series. After scoring 2...

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Italians haul in migrant boat survivors

Survivors of the human trafficking vessel that overturned off the coasts of Libya lie on the deck of the Italian Coast Guard ship Bruno Gregoretti, in...

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Europe plans to destroy migrant smuggler boats

EU foreign affairs chief Federica Mogherini unveiled plans to tackle a migrant crisis after telling member states they had “no more excuses'' not to...

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More push for reform proposal

The acting Chief Executive, Carrie Lam Cheng Yuet-ngor, said on Tuesday that the government is continuing efforts to gain support from lawmakers for i...

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URA urged to reconsider Central Market Building plan

The convener of Central and Western Concern Group, John Batten, said on Tuesday the Urban Renewal Authority should go back to basics in its renovation...

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The New York Times wins three Pulitzers, LA Times wins two

The New York Times on Monday won three prestigious Pulitzer Prizes and a St Louis newspaper took the breaking news photography award for its coverag...

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IBM profits, revenue tumble

Technology heavyweight IBM reported lower profits in the first quarter following another drop in revenues, this time partly due to the strong US doll...

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Solar plane leaves Chongqing for Nanjing

A pioneering plane attempting to circumnavigate the globe powered only by the sun took off in China early today for the next stage of its journey, or...

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South Korean PM Lee quits under graft cloud

South Korean Prime Minister Lee Wan Koo was left in political limbo today after offering to resign over a scandal involving bribery allegations agai...

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Italy-bound migrant boats death toll reaches 800

The United Nations refugee agency has confirmed 800 migrants died in a shipwreck off Libya on Sunday after speaking to survivors of the disaster. “...

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Gale force winds batter Sydney

Australia's biggest city Sydney and surrounding areas were lashed by wild weather today. Trees toppled and thousands of homes were without power, sch...

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Hang Seng rallies by 1pc

Hong Kong stocks climbed by 1.14 percent in the first few minutes of trade today, taking a lead from a Wall Street rally after heavy losses in the p...

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Monday, April 20, 2015

Indian banks push credit cards and personal loans to make up for slow corporate lending


Indian banks, hoping to offset a slow recovery in corporate lending, are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.






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Canberra to share jihadi intel with Teheran

Australia and Iran will share intelligence to track foreign fighters working with the Islamic State group in Iraq, Foreign Minister Julie Bishop said...



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Bangladeshi claims migrant smugglers to Italy locked up 300 in cargo hold

A smuggler's boat crammed with hundreds of people overturned off Libya's coast as rescuers approached, causing what could be the Mediterranean's deadl...



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Hong Kong and Shanghai shares mixed as market cautious about Chinese announcements


Hong Kong shares drooped while those in Shanghai edge up by the midday break in a muted reaction to separate Chinese policy announcements as punters digested the implications for a market which has rallied to its loftiest in seven years the past few weeks.






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Opposition wants tainted South Korean PM kicked out

South Korea's main opposition party said it would seek to impeach Prime Minister Lee Wan Koo, one of a number of top officials in President Park Geun...



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Country stars salute George Strait

Academy of Country Music Awards hosts Blake Shelton and Luke Bryan introduced George Strait (Pictured) as the “king of country music,'' at the present...



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China Unicom leads gainers in Hong Kong, boosted by Credit Suisse upgrade


Blue-chip companies endured a volatile trading session on Monday morning, with China Unicom leading the gainers in the stock market.






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BOJ’s Kuroda says inflation target may be hit in 2016 and surprise markets


Bank of Japan Governor Haruhiko Kuroda said that financial markets "could be surprised" if the central bank hits its 2-per cent inflation target in 2016 and interest rates in Japan start to rise as a result.






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High energy welcome for Country stars

The Dallas Cowboy cheerleaders perform on the red carpet at the 50th annual Academy of Country Music Awards at AT&T Stadium in the US state of Texas. ...



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A milestone for Swift at Country night

Taylor Swift had a memorable night at the Academy of Country Music Awards in the US state of Texas. She was one of seven recipients of the 50th Annive...



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Fund managers bet they can get out before stock market bubble bursts


Bubbles are a bit like the weather: everyone complains but no one does anything about them.






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Lambert sweeps up four at Country awards

Miranda Lambert (Pictured) won four awards, including album and song of the year, but Luke Bryan took the night's top prize at the Academy of Country ...



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Director Peter Chan recognized for his craft

Hong Kong film director Peter Chan ho-sun was honored with the IWC Filmmaker Award at a special dinner coinciding with the Beijing International Film ...



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(NHL playoffs) Montreal beat Ottawa, closer to a series sweep

Dale Weise scored the tying goal late in the third period and then won it 8:47 into overtime, leading Montreal to a 2-1 victory in the first-round pla...



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(NHL playoffs) Toews leads Blackhawks past Predators

Jonathan Toews had a goal and an assist and Chicago used a three-goal second period to beat Nashville 4-2 for a 2-1 lead in the Western Conference fir...



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(NHL playoffs) Islanders beat Capitals in extra period

New York captain John Tavares scored 15 seconds into overtime to give the Islanders a 2-1 victory over the Washington Capitals on Sunday in Game 3 of ...



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(NFL) Tebow to sign Eagles deal

Tim Tebow, who hasn't played in the US National Football League for more than two years, is expected to sign a one-year contract with the Philadelphi...



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Hang Seng lower at break

Hong Kong stocks slipped by 0.29 percent in the morning session as a cut by China in the amount of cash banks must keep in reserve was offset by a c...



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Actress Zhou Xun joins stars at Beijing moviemaker celebration

Actress and IWC Schaffhausen brand ambassador Zhou Xun turned up at the “For the Love of Cinema'' filmmakers dinner at the Beijing International Film ...



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China’s yuan softens, on track for largest fall in over a week


Chinese currency weakened on Monday in both the onshore and offshore spot market, heading for its biggest decline in over a week, thanks to additional money supply on the mainland after the unexpected reserve ratio requirement (RRR) cut by China’s central bank on Sunday.






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Fidel Castro has his say in local poll

Cuban leader Fidel Castro prepares at his home to vote in the municipal elections. The elections allow direct voting for delegates to municipal asse...



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Cuban dissidents lose in maiden local elections

Two dissident candidates conceded defeat Sunday in Cuban local elections that offered them a chance to become the first officials elected from outside...



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(Basketball) Chinese stamp honors Marbury

Former US NBA star Stephon Marbury is cast in a statue at Beijing's Wukesong Stadium and now he has a postage stamp. He has also won three Chinese Ba...



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Guangdong trial free trade zone master plan unveiled

China has announced master plans for pilot free trade zones in Guangdong, Tianjin and Fujian and a plan for deepening reform and opening up in the Sha...



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Oil prices rise in Asian trade

Oil prices rose in Asia, fueled by sustained unrest in the crude-rich Middle East, while also gaining support on hopes that declining US production ...



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Gifts maker wins Alibaba e-commerce contest

After five rounds of competition at the Alibaba.com Outstanding B2B E-commerce Business Competition in Hong Kong, United Art Metals Factory, which is ...



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Greek island overflowing with illegal immigrants

The Greek island of Lesbos is being flooded by a rising tide of people seeking to illegally migrate to Europe from the nearby Turkish coast on just ...



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Nikkei flat by break

Tokyo's benchmark index pared early losses to end the morning flat, following a tumble on Wall Street that was fuelled by worries about Greece's fut...



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Shanghai auto show covers up the girls

Global car makers showed off hundreds of vehicles in Shanghai, as the world's biggest auto market continues to attract despite a sharp deceleration ...



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(NBA playoffs) Hawks stop Nets comeback

Kyle Korver scored 21 points, including five 3-pointers, as the top-seeded Atlanta Hawks held off the Brooklyn Nets 99-92 in Game 1 of the Eastern Con...



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Japan lifts tsunami warning

Japanese meteorologists cancelled a tsunami warning an hour after a quake struck off the coast of Taiwan. No tsunami was recorded following the 6.6 ...



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(NBA playoffs) Irving lifts Cavs over Celtics in series opener

Kyrie Irving (pictured, #2) made the most of his playoff debut Sunday, scoring 30 points as the Cleveland Cavaliers defeated the Boston Celtics 113-...



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US university to honor Latin Pop singer Iglesias

Julio Iglesias and three other prominent music industry figures will receive honorary degrees from Boston's Berklee College of Music at its commenceme...



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More than 100,000 officials called to account

The anti-graft body says more than 100,000 officials have been reprimanded since late 2012 for violating policies mandating more austere working pract...



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Migrant boats deaths so far this year may surpass 1,600

The disaster in the Mediterranean was the latest in a growing catalogue of mass drownings of migrants attempting to reach Europe on overcrowded, unse...



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24 rescued from migrant boat tragedy

Italy led the calls yesterday for an emergency summit and Prime Minister Matteo Renzi said Rome was working “to ensure this meeting can be held by th...



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700 migrants feared dead in ‘worst massacre’ in the Mediterranean

More than 700 people are feared to have drowned after an overcrowded boat smuggling them to Europe capsized off Libya, officials said, prompting dem...



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New Zealand consumer prices ease to to 15-year low

New Zealand's annual inflation rate eased to 0.1 percent in the 12 months to March, the lowest in 15 years, official data showed. The cost of livin...



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New Zealand PM open to questions from China on spy claims

New Zealand Prime Minister John Key invited Chinese officials to quiz him about reports that Wellington worked with US intelligence on a plan to hack...



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(Cricket) Sri Lanka’s Sangakkara motors on

Kumar Sangakkara ensured the crowd at Cardiff's Sophia Gardens on Sunday witnessed a hundred from a world-class batsman as Surrey team-mate Kevin Pi...



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(FA Cup) Villa ruin Liverpool cup dream

In a few miserable hours for Liverpool's players yesterday, their bid to return to the Champions League was damaged by Manchester City winning and a l...



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(Snooker) Marco Fu overcomes Robertson

Former champions John Higgins and Graeme Dott both won through to the second round of the World Championship at the Crucible Theatre yesterday in Sh...



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24 trapped in flooded Datong-owned coal mine

Twenty four people were trapped after water flooded a coal mine in northern Shanxi Province at around 6:50 p.m. yesterday, the coal mine's owner repor...



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Yuan gains ground

The central parity rate of the yuan, strengthened by 12 basis points to 6.1255 against the US dollar today, according to the China Foreign Exchange Tr...



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(Football) Saint-Etienne keep Lyon at bay

Lyon missed the chance to move two points clear of Paris Saint-Germain at the top spot of the French league standings after an early sending off under...



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(Yachting) Boats off to slow start in sixth round

A lack of wind kept the Volvo Ocean Race fleet stranded in the Brazilian port of Itajai for a frustrating hour yesterday before they finally began th...



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Hang Seng flat at open, Shanghai lower

Hong Kong stocks were marginally lower in the first few minutes of trade as China's decision to cut the amount of cash banks must keep in reserve wa...



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Quake rattles southern Japan and Taipei, tsunami alert raised

A one-meter tsunami was reportedly forecast to hit the Okinawa island chain today after a 6.8 magnitude earthquake struck far-southern Japan. Nation...



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Xi set to ink US$46b deals in Pakistan

President Xi Jinping heads to Islamabad today for a rare visit to unveil a US$46 billion investment plan that Pakistan hopes will end its chronic en...



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Bobby Brown says ailing daughter is awake

Bobby Brown told concertgoers Saturday night that his daughter, Bobbi Kristina Brown, is awake nearly three months after she was found face down and u...



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PBOC move may reverse expected sell-off in stocks


The central bank has cut the level of cash that banks must hold, in the second such action this year that highlights the leadership's concerns after the first quarter saw the slowest economic growth since 2009.






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Hong Kong businesses warm to New Silk Road initiatives





An increasing number of local industrialists are setting their sights on riding the New Silk Road, a strategic concept aimed at improving links between Asia, Europe and Africa.









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UBS plans to hire 350 to help step up compliance after fines





UBS Group, which has paid more than US$3 billion in fines since the start of the financial crisis, plans to hire as many as 350 more workers to monitor regulatory compliance.









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JP Morgan raises concern as leveraged buyouts boom





JP Morgan Chase is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive at the US bank said.









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Big discounts spur buyers to snap up CK Hutchison flats in Hong Kong





Large discounts helped ensure that all 516 flats on offer in the final release of CK Hutchison Holdings' Hemera project were snapped up on Sunday.









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Fosun and Anbang still in the race for Portuguese lender





Fosun International and privately owned Anbang Insurance Group are believed to be still in the running for Novo Banco, the successor to Portuguese lender Banco Espirito Santo after a state rescue last year.









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Mainland China's power tariff cut set to squeeze coal prices





The mainland's decision to cut tariffs for power plants is expected to squeeze coal prices even further, adding to problems facing struggling mining firms this year, an official with the country's coal association said.









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Director trading soars as stocks reach 8-year high in HK





Director activity was high for the seventh consecutive week, with 41 companies making 186 purchases worth HK$432 million against 43 firms with 233 disposals worth HK$3.64 billion.









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Sunday, April 19, 2015

Stock investors on edge over China's policy moves





Hong Kong investors who spent the weekend weighing up the impact of a market-dampening move by mainland regulators are likely to draw comfort from another policy action yesterday that is seen as spurring the economy.









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Cross-border yuan transactions forecast to soar





Almost two-thirds of multinational companies that do business with China expect the value of cross-border yuan transactions to more than double in the next five years, a survey shows.









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Opportunities emerge for private firms to enter China's LNG market





There were no half measures when China embarked just over a decade ago on a policy of putting liquefied natural gas at the heart of the country's push to diversify its energy sources.









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Hong Kong stock market bull run could see equities usurp property





While the edicts of mainland stock regulators may test the conviction of some investors riding high on the Hong Kong market rally, Chan Ching-pak is adamant that equities will trump other investment options - including property.









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China, Taiwan pull back on talks to cut import tariffs





Taipei and Beijing are slowing negotiations on a massive tariff-cutting agreement following protests in the Taiwanese capital over closer economic ties with a political rival, potentially hurting the island’s competitiveness against other Asian exporters.









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StanChart targets corporate customers for growing private banking unit





Standard Chartered's private bank has had a full year figuring out how it would grow and where that growth would come from.









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Goldman Sachs bounces back in stock trading revenue





Goldman Sachs Group's blockbuster performance in stock trading last quarter has some Wall Street watchers wondering whether it knocked rival Morgan Stanley out of the top spot in equities.









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China, Taiwan and South Korea targeted in US Treasury report





Pulling few punches but skirting over a few inconvenient facts, the semi-annual US Treasury report to Congress on international economic and exchange rate policies had mainland China, Taiwan and South Korea squarely in its sights. But Asia may beg to differ with the April 9 report's conclusions, especially when their currencies are looked at through a global, as opposed to merely a dollar-related, prism.









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China expansion still key for foreign carmakers





Foreign carmakers continue to plough money into factories in China, the world's largest car market, even as the economic slowdown crimps sales growth.









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World's poorest now opening more bank accounts, says World Bank





Nearly three quarters of a billion people opened bank accounts or used mobile money providers for the first time from 2011 to 2014, a major leap forward in access to financial services that development experts say is key to ending global poverty.









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Regulators face tech dilemma in age of electronic trading





Once upon a time investment success was built upon strategies that involved a lifetime of studying stocks and market movements. But today it has evolved into another stage that eliminates the tedium of analysing financial statements and charts.









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China cuts reserve ratio requirement as growth slows





China's central bank cut the reserve requirement ratio for all banks by 100 basis points on Sunday, the second reduction in two months, as it steps up measures to boost bank lending and combat slowing growth.









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Positive spin given to global economic outlook by WTO, IMF isn't justified





It is often said that healthy trade flows help the global economy go round.









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China's dumb strategy when it comes to smartphones





We all know that things move fast in technology, but there is something troubling about a weird kind of industry culture developing among many Chinese technology firms: the push to make quick money by launching new products fast.









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As stock market surges, are the good times back for big spenders?





The surging stock market has brought quick rewards for some people - who are only too happy to treat themselves. But will it last?









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Beijing's bid to rein in speculators could hit Hong Kong stock market





The Hong Kong stock market is expected to take a hit after Beijing announced measures to rein in speculation, after the country's benchmark index doubled in 10 months to its highest level since March 2008.









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Friday, April 17, 2015

WikiLeaks files reveal inner workings of secretive Sony

WikiLeaks published thousands of documents on Thursday from last year's Sony hacking scandal, calling them an insight into the inner workings of a “...



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‘Suge' Knight faces murder rap

Former rap mogul Marion “Suge’’ Knight will stand trial for murder over the hit-and-run incident earlier this year that left one man dead and anothe...



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‘Impossible’ draws attention at Beijing film fest

Models wearing futuristic costumes promote the Chinese movie “Impossible" at the opening of the 5th annual Beijing International Film Festival in Bei...



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Italian film opens Beijing festival

The 5th Beijing International Film Festival kicked off yesterday evening at the scenic Yanqi Lake on the outskirts of Beijing. Nearly 1,000 internati...



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Logistics industry reports 7 trillion yuan sales

The revenue of China's logistics sector increased by 6.9 percent year on year in 2014, driven by the online retail sales boom, new data showed. Total...



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Hillary Clinton woos New Hampshire

US presidential contender Hillary Clinton will visit the key primary election state of New Hampshire early next week, after her first presidential e...



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US aircraft carrier found at bottom of Pacific

Experts have found a World War II US aircraft carrier that is “amazingly intact'' despite languishing on the bottom of the Pacific for more than 60 ...



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Automakers bring new models to Shanghai show

China is crucial to foreign carmakers as the world's biggest auto market, but slowing economic growth and a corruption crackdown are denting its app...



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Vietnam seizes haul of illegal rhino horns and elephant tusks

Vietnamese customs have seized elephant tusks and rhino horns worth millions of dollars on the black market from a flight arriving from France, offi...



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Tibetan sets himself alight protesting against China

A Tibetan man has burned himself to death in China, a rights group and media said, the second such protest reported against Beijing's policies in th...



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R2-D2 lookalike plane to spirit Star Wars fans far, far away

It might not be the droid you're looking for, but a plane painted to look like R2-D2 could be the next best thing for “Star Wars'' fans awaiting the...



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Philippine Airlines parent returns to profit

Philippine Airlines parent company said it had returned to profitability, the first time in three years either entity reported being in the black fo...



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Cambodians shed tears over Pol Pot’s evil

Tearful survivors today marked 40 years to the day since the Khmer Rouge marched on Phnom Penh, ending a civil war but heralding a terror that would...



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False alarm disrupts Indonesian domestic flight

A passenger plane in Indonesia was forced to make an emergency landing today after air traffic control received a bomb threat, an official said, tho...



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Greenback sinks in Asia trade

The US dollar sank further in Asia today as another round of disappointing US data cast further doubt on the chances of a mid-year Federal Reserve i...



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Nikkei tumbles by 1.1pc at close

Tokyo stocks fell by 1.17 percent today as a stronger yen took the air out of the market after another round of discouraging US data, with investors...



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Illegal Chilean club collapse kills two, injures dozen

Two people were killed and 12 injured during a concert at a nightclub in downtown Santiago after the building collapsed, authorities said early toda...



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Heath authorities tracking four new MERS virus cases

The Department of Health said today it is monitoring four additional cases of Middle East Respiratory Syndrome (MERS), including two deaths, reported ...



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Ted Baker store evokes tram and train imagery

Ted Baker has opened its fourth store in Hong Kong. The 2,518 square foot store, which opened on Tuesday at the Fashion Walk Mall in Causeway Bay, ta...



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More credit defaults looming at Chinese property developers, report says

More credit defaults at some Chinese property developers are likely following weak earnings, a leading credit ratings agency said today. A study by...



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Xi’s Pakistan trip begins Monday

President Xi Jinping will visit close ally Pakistan next week. A previous visit was postponed last year amid mass anti-government demonstrations in ...



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Asiana suspends Hiroshima flights for safety review

Asiana Airlines said Friday it was suspending flights to Hiroshima pending a safety review, after one of its passenger jets hit a communications ant...



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(Athletics) Bolt soaks up the adulation in Rio

Usain Bolt walked into a small gym at the base of Rio de Janeiro's Mangueira favela on Thursday, took three shots on the basketball court _ at least o...



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(Europa League) Napoli close in on semis, Brugge stay in the hunt

Marek Hamsik scored twice as Napoli took a giant step toward the Europa League semifinals yesterday by beating Wolfsburg 4-1 away in the first leg of ...



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(Cricket) England tighten grip on Windies

England tightened their grip on outclassed West Indies on the fourth day of the first test of the three-match series at the Sir Vivian Richards Stadiu...



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(Football) Peugeot washes its hand off Sochaux

Peugeot, which created the French club Sochaux in 1928, has decided its future interests are not in football. (Pictured, Tech Pro chairman Li Wing-sa...



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Protest against bid for hotel on the Peak

Protesters have rallied outside a Town Planning Board meeting on Friday to oppose plans to turn a mansion on the Peak into a heritage hotel. The Al...



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HK-listed Tech Pro’s move on French club Sochaux unsettles traditionalists

The sale of historic French football club FC Sochaux by carmaker Peugeot to Hong Kong-listed Tech Pro Technology Development has sparked a cultural ...



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Govt to submit insurance proposal this year

The government said on Friday that it will submit a proposal on its voluntary health insurance scheme to the legislature by the end of the year, at th...



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100 years of Mexico and euro risk for investors to contemplate





One hundred years is a long time to be a lender to Mexico, as those who remember the 1980s, a decade during which it was mostly in default, will tell you.









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Hospital steps up security

The United Christian Hospital has beefed up security after a man, believed to be posing as staff, tried to contact patients and access patient records...



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Hang Seng, Shanghai up at mid-day

Hong Kong shares tracked another rally in Shanghai Friday as investors bet on the Chinese government unveiling more economy-boosting measures after ...



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(Swimming) Phelps has rostrum finish on return

Michael Phelps won the 100-meter butterfly at his first meet in eight months Thursday night, beginning his push to compete at a fifth Olympics next ye...



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(NBA playoffs) Favored Warriors start championship chase on home turf

Regular season heroes will rise and fall, rivalries will be renewed and the dark horses will get their chance when the US National Basketball Associ...



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Viet Sukhoi fighters vanish

Vietnamese authorities were searching today for two pilots a day after their Sukhoi Su-22 fighter jets lost contact and traces of jet fuel were spotte...



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Shares in online trader Etsy bounce on US debut

The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock. Shares of arts and crafts retailer Etsy ...



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Earnings worries drag wall Street lower

US stocks finished barely lower Thursday following mixed earnings and lackluster economic data. Worries about Greek finances returned to the forefro...



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Fosun Pharmaceutical shares soar on plan for 5.8b yuan share issue





Shares in Shanghai Fosun Pharmaceutical Group surged in Hong Kong and Shanghai on Friday after the drugmaker said it planned to raise 5.8 billion yuan (HK$7.3 billion) through an A-share issue.









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Police probe fire and explosion in Ap Lei Chau

Police have been investigating a fire and explosion at a flat in Ap Lei Chau. Witnesses reported hearing a blast just before 9am and seeing objects...



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Sony slams WikiLeaks over leaked documents

Sony Pictures has condemned the whistleblower site, WikiLeaks, for publishing tens of thousands of sensitive documents obtained by hackers in a cyber ...



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China airstrip in disputed area growing rapidly

Recent satellite images published on Thursday show China has made rapid progress in building an airstrip suitable for military use in contested territ...



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Renault on collision course with French government

Renault urged the French state, its biggest shareholder, to back down from plans to increase its voting weight in the carmaker -- warning that the bal...



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Tata sued for 'favouritism' towards South Asians

Tata Consultancy Services has been sued by a white American information technology worker who accused India's largest software services exporter of ov...



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AIIB won't threaten BRICS infrastructure bank

The Asian Infrastructure Investment Bank will not replace the development bank for the BRICS bloc of large emerging economies, Russia's central bank g...



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Miliband 'wins' second UK election debate

A snap opinion poll declared opposition Labour leader Ed Miliband the winner of the final TV debate of a knife-edge British election campaign on Thurs...



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Nikkei down by break

Tokyo stocks fell 0.50 percent on Friday morning as the yen firmed against the dollar following another round of discouraging US data. The Nikkei 2...



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Veteran journalist Gao Yu sentenced to 7 years

A court in Beijing on Friday sentenced veteran Chinese journalist Gao Yu to seven years in prison for leaking a top Communist Party document that outl...



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5 adults found dead inside Phoenix home

A shooting Thursday resulting from a suspected family dispute left five people dead in a Phoenix home, police said. The names and ages of the thre...



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Rising oil prices boost energy stocks in Hong Kong as broader market edges up





Hong Kong stocks rose marginally in morning trading on Friday, with a jump in oil prices giving a boost to the energy majors.









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Beijing North Star shares surge on plan to raise 2.5b yuan through A-share issue





Shares of Beijing North Star jumped 45 per cent soon after the Hong Kong market opened on Friday after the developer announced a plan to raise 2.5 billion yuan (HK$3.16 billion) by issuing new A shares to no more than 10 investors, including its major shareholder.









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Thursday, April 16, 2015

(Books) Adult Onset, a novel drawn from personal life

Ann-Marie MacDonald's latest novel, “Adult Onset,'' tracks a week in the life of Mary Rose MacKinnon, Michelle Scheraga of AP writes. A famous autho...



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High-ranking US naval officer admits accepting prostitutes peddled by corrupt Malaysian contractor

A US Navy lieutenant commander has become the eighth person to plead guilty in a bribery scandal involving the exchange of classified information with...



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Cathay Pacific, Dragonair struggle to grow cargo volumes amid China slowdown





Cathay Pacific Airways and its wholly owned unit Dragonair barely achieved growth in cargo volumes last month, underscoring concerns over a slowdown in exports from China.









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Bankruptcy shields GM from crash deaths lawsuits

A US federal judge ruled Wednesday that a 2009 bankruptcy order shields General Motors from billions of dollars in death and injury claims tied to def...



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Meat exporter India makes no bones about beef ban

Every morning just before dawn, hundreds of trucks loaded with buffaloes trundle into New Delhi's sprawling slaughterhouse complex where young men rus...



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Beer becomes a sore pint in Indonesia

Indonesia banned small retailers from selling beer, despite an outcry from the booze industry and in tourism hotspots over the Muslim-majority count...



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Israelis honor dead

Israeli Jews stood in silence as sirens wailed across the country marking Holocaust memorial day and 70 years since the liberation of the Nazi death...



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European car sales shift up nearly 11% in March

New car registrations jumped by 10.6 percent in Europe last month, their strongest gain in a year, according to data released Thursday, providing a ...



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Hang Seng ends higher as Shanghai soars

Hong Kong stocks finished 0.44 percent higher Thursday, tracking a rally in Shanghai, as China's weakest quarterly growth in six years fuels expecta...



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(NHL Playoffs) Young forwards, Halak lift Islanders past Caps 4-1 in Game 1

Brock Nelson scored twice, Josh Bailey and Ryan Strome added goals, and Jaroslav Halak made 24 saves as the New York Islanders beat the Washington Cap...



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MH370 search zone to double if nothing found: officials

The search zone for missing Malaysia Airlines flight MH370 will be doubled if nothing is found in the huge undersea area now being scanned for wreck...



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Academic study praises 'elegant' Peng Liyuan

A Chinese academic study hailed the role of the country's first lady in public diplomacy, reports said on Thursday. Peng Liyuan, the wife of Presid...



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Civic Party flays medical insurance bill

The Civic Party has threatened to vote down the government's proposal for a voluntary medical insurance scheme unless it tightens regulations for insu...



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SKorea president vows to raise sunken Sewol ferry

South Korea's president vowed to raise the sunken Sewol ferry Thursday, bowing to a key demand of grieving relatives as they marked the first annive...



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Health minister allays fears over blueberries link to Hepatitis A

Secretary for Food and Health, Ko Wing-man, said there is no sign of any link between a rise in Hepatitis A cases and blueberries. But some jams and ...



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Thais urged to speed up inquiry on missing activist

The United Nations human rights office has called on Thailand to speed up an investigation into the disappearance of an ethnic minority environmental ...



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Nikkei closes flat

Tokyo's benchmark Nikkei index ended flat today as late buying offset early losses with the market coming off 15-year highs reached last week. The N...



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(Swimming): Ledecky all the way in 1500m race

Olympic gold medalist and world record-holder Katie Ledecky dominated the women's 1500 meter freestyle Wednesday on the opening night of the Pro Swi...



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(NBA) Davis leads Pelicans into playoffs

The New Orleans Pelicans snapped the San Antonio Spurs' 11-game NBA winning streak on Wednesday, punching their playoff ticket on the last day of th...



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Premier Li keeps faith in Hong Kong to retain its status under state policy with Beijing support

Reaffirming his faith in Hong Kong and support for the city, Premier Li Keqiang has invoked Deng Xiaoping’s concept of “one country, two systems,” a ...



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Transcript of Premier Li Keqiang¡¯s interview with FT

The following is the transcript of Premier Li Keqiang¡¯s interview with The Financial Times on March 31, 2015. He was speaking to Lionel Barber, Edito...



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Oil price rout may be over as forward curve flattens





The US oil market has firmed up into its best shape this year, as ebbing fears of an inventory overflow and renewed hedging in far-distance futures flattens the forward curve - another possible sign that a months-long rout is really over.









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Inward foreign investment slows to US$34.8b

Foreign direct investment on the Chinese mainland jumped 11.3 percent year on year in the first three months of 2015, settling at US$34.88 billion, th...



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Bündchen parades streetwear label before final bow

Gisele Bündchen made her final catwalk appearance during Sao Paulo Fashion Week for Colcci, the Brazilian streetwear label she has represented since 2...



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Bündchen reaches end of runway life

Gisele Bündchen, bid adieu to the catwalk last night, strutting her stuff at an emotionally charged show in Sao Paulo, Brazil, that she said will be h...



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Cambodia becomes dumping ground for Australia’s Nauru refugees

Refugees rejected by Australia will soon fly from the Pacific atoll of Nauru to be resettled in Cambodia, the Australian government said. A charter f...



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Oil prices down in Asian trade

Oil prices fell in Asia after a five-day rally but losses were tempered by a surprisingly upbeat US supply report, analysts said. US benchmark Wes...



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Chinese yuan forward contracts hit 3-month peak as depreciation fears recede





Chinese yuan forward contracts strengthened to a three-month high on Thursday morning, after Chinese Premier Li Keqiang said Beijing does not want further losses in its currency.









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South Korea plans to raise sunken ferry

South Korean President Park Geun Hye promised that the sunken Sewol ferry would be raised “at the earliest possible date'' – acceding to a key demand...



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Hang Seng inches up, Shanghai rallies

Hong Kong shares edged up 0.20 percent, while Shanghai rallied on hopes for more stimulus measures in China. Hong Kong's benchmark Hang Seng Index di...



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(Awards) Dibaba and Djokovic honored

World number one tennis star Novak Djokovic and Ethiopian athlete Genzebe Dibaba were named Laureus sportsman and woman of the year Wednesday at an ...



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(Cricket) England take control against Windies

Jermaine Blackwood's maiden Test century held the West Indies innings together but England still gained a healthy first innings lead of 104 in dismi...



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(Football) English player banned sinking teeth into opponent

An English footballer has been banned for six months after being found guilty of a biting offense for the second time in a year. Midfielder Joss Lab...



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(Swimming) Suspended Phelps prepares for Rio

Michael Phelps is aiming to compete in a fifth Olympics next year in Rio, although the 18-time Olympic champion won't swim in the world championships ...



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(Champions League) Porto’s Quaresma stuns Bayern

Two goals from Ricardo Quaresma (Pictured) in the first 10 minutes helped FC Porto to a surprise 3-1 win over Bayern Munich in the first leg of their...



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(Champions League) Uruguayan Suarez torments PSG

Uruguayan Luis Suarez (Pictured) hit a brilliant second-half double as Barcelona appeared to end Paris Saint-Germain's Champions League dream for an...



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(NFL): American football's roster of convicts

The murder conviction of former New England Patriots star Aaron Hernandez has cast another shadow over the image of the National Football League aft...



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(Boxing) Pacquiao motivated for big bout

Manny Pacquiao said his “killer instinct'' and will to win is as strong as ever, rejecting suggestions he is past his prime for the May 2 blockbuster...



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(NFL) Crime taints America’s game

Murder, rape, domestic violence, weapons charges, drug crime and animal cruelty: National Football League stars past and present in America have accu...



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Fosun Capital and TPG close in on Cirque de Soleil

Canadian entertainment company Cirque du Soleil is close to a deal to be taken over by US private equity giant TPG Capital and a Chinese investment ...



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Oil rally helps lift US stocks

A rally in petroleum-linked equities helped lift US stocks Wednesday following mixed earnings and economic data. The Dow Jones Industrial Average ad...



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Netflix streaming television claims 60 members

Netflix reported an unprecedented jump in subscribers in the first quarter of this year, pushing the streaming television service membership above 6...



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Japan dislodges China as largest foreign holder of US debt

Japan eclipsed China as the largest holder of US bonds in February, the Treasury Department reported, the first time that has happened since August ...



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US arrests campaign finance protester after mini copter stunt

An anti-corruption protester was arrested after he landed his mini helicopter on the US Capitol lawn Wednesday and piloted it through Washington's n...



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Toyota to build new factories in Mexico, China





Toyota Motor Corp said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on global rivals.









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MTR chair Ch’ien condemned for covering up golden handshake

Two pan-democratic lawmakers have expressed shock that a former chief executive of the MTR Corporation, Jay Walder, was given the full gratuity of HK$...



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Australia's jobless ranks shrink by 6.1pc

Australia's unemployment rate dipped to 6.1 percent in March, a better-than-expected reading that could ease pressure on the central bank to further...



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Nikkei in negative territory

Tokyo stocks fell 0.48 percent, hit by a stronger yen and profit-taking after the benchmark index hit 15-year highs last week. The Nikkei 225 at the...



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Glorious Property Holdings posts 2.99bn yuan in losses, from 292.1 million yuan profit in 2013





Hit by sinking profit margins and lower property sales, the highly-geared mainland China developer Glorious Property Holdings said on Thursday it recorded a loss of 2.99 billion yuan last year, in a sharp reversal from the 292.1 million yuan profit it rang up in 2013.









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Hong Kong and Shanghai shares down at start in muted reaction to rallies in US and Europe





Hong Kong stocks sagged at the open on Thursday as the market extended its consolidated after its searing rally last week, with little impact seen from the strong performance overnight on Wall Street while European shares soared to a 14-year top.









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Wednesday, April 15, 2015

Pre-orders open for Microsoft Surface 3 tablet

Pre-oders for two new versions of Microsoft’s Surface 3, began today. Microsoft Hong Kong announced that pre-ordering online will be available until ...



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Blog post by Android exec responding to EU claims

Hiroshi Lockheimer, vice-president of Engineering, Android, posted the comments below on the Google official blog: It's hard to believe, but smartp...



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Google and Android reject EU market abuse charges, say users have plenty of choice

Google dismissed charges by the European Union that the US company abused its dominant position as Europe's top search engine, downplaying its role a...



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Wharf Holdings launches new luxury hotel brand in Chengdu

Niccolo Chengdu, the first hotel under the Niccolo by Marco Polo luxury brand introduced by The Wharf (Holdings), opened today at Chengdu Internation...



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EU statement on Google’s Android mobile operating system

The European Commission has also formally opened a separate antitrust investigation into Google's conduct on the mobile operating system Android. An...



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EU statement on Google searches

The European Commission has sent a statement of objections to Google alleging the company has abused its dominant position in the markets for general ...



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Energy agency cuts forecast for non-Opec oil output

The International Energy Agency cut its supply forecast for non-OPEC countries, citing downturns in North America and the “worsening conflict'' in Ye...



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Debate on budget bill begins in Legco

Lawmakers have begun scrutinizing the Financial Secretary's Budget Bill in the Legislative Council, but the process is expected to take days or even w...



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Google faces US$6b fines in Europe over market abuse charges, Android in firing line

The EU has formally charged Google with abusing its dominant search market position in Europe, laying the US internet giant open to a massive fine o...



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UK police question 4 arrested while trying to reach Syria

Police say four Britons who were detained by Turkish authorities while trying to cross into Syria have been deported to Britain and arrested. The f...



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Greece's 2014 deficit more than double forecasts: official

Greece's budget deficit was 3.5 percent of GDP in 2014, the official statistical agency said Wednesday, more than doubling forecasts. The governmen...



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Beijing rejects alarmist Aquino’s claims

Beijing dismissed as “groundless'' Philippine President Benigno Aquino's warning to AFP that China’s actions in the South China Sea should “engender ...



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Northwest braces for sandstorms

The national weather observatory issued a blue alert for sandstorms in the morning today, forecasting sandy and dusty weather in northwest regions. P...



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Hang Seng holds ground, Shanghai slumps

Hong Kong shares closed slightly higher today as data showed China's economy grew at its slowest quarterly rate since the height of the global financ...



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Study finds immune system’s role in Alzheimer's

The immune system may play a part in Alzheimer's disease, US researchers have discovered, in a breakthrough which could lead to the development of n...



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Aussie defense minister ignorant of Islamic State chief's name

Australia's defense minister has been left red-faced after apparently being unable to name the head of Islamic State on the day he committed more tr...



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Online vintage products trader Esty plugs different values

Cultures will clash this week as Etsy, the online marketplace known for artisan goods and strong social values, makes its Wall Street debut. Etsy i...



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Much on Draghi’s plate at ECB monetary policy meeting

The European Central Bank will be keen to stress today that it has no plans to roll back controversial policy measures, as signs multiply that its me...



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Relatives remember Korean ferry victims

More than 100 relatives of victims of South Korea's Sewol ferry disaster tearfully cast flowers into the sea at an emotional memorial event on the e...



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Beijing tells Dalai Lama to ask for forgiveness, abandon separatism

Beijing threw cold water on the possibility of re-launching talks with the Dalai Lama, saying in a white paper that the issue of greater autonomy fo...



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European equities lower ahead of ECB meeting

European stock markets slid in cautious opening trade today following weak Chinese and US economic data, and before the latest eurozone interest rat...



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Alcatel-Lucent shares plunge more than 10pc

Shares in Alcatel-Lucent plunged by more than 10 percent on the Paris stock market today after the French-American group announced that its Finnish ...



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(Tech review) Acrobat DC makes form-filling easier on mobile devices

No doubt you have run across your share of PDF documents in your work and personal life. Adobe's Portable Document Format has become a common way to p...



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Korean President Park faces biggest political scandal over graft claims linking PM and aide

South Korean President Park Geun Hye (Pictured) faced charges today that members of her administration received bribes from a businessman found dead i...



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German inflation edges up

Inflation in Germany, Europe's biggest economy, crept higher in March, final data showed today. The national consumer price index climbed by 0.3 per...



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Reggae star Blondy turns radio storyteller

His voice is warm, his reading poised. Adored by reggae fans everywhere, Ivorian star Alpha Blondy has now become a storyteller on his own radio sta...



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84,000 hotel rooms by 2017 for tourists

More new hotels are scheduled to open and the total number of rooms by 2017 will increase to 84,000, Secretary for Commerce and Economic Development, ...



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Banks suspend services over Macau power failure

A power outage hit parts of Macau today, paralyzing fixed-line telephones, traffic lights and elevator services, the fire department said. The power ...



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Greenback mixed in Asia trading

The US dollar was mixed today after a disappointing US retail sales report aggravated concerns about the health of the world's top economy, while up...



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Seven more sign up for Beijing-led development bank

A total of 57 countries have been approved as founding members of a new Chinese-backed infrastructure bank, Beijing said. This includes Norway, despi...



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(Boxing) Fighting is just business for Mayweather

Floyd Mayweather says it will be two “hall-of-famers'' in their prime when he and Manny Pacquiao clash in the richest fight in boxing history on May ...



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Nikkei closes lower

Tokyo stocks ended 0.20 percent lower today, after see-saw trading with the market pressured by profit-taking and a firm yen, following a weaker-than...



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Havana welcomes removal from terrorist state designation

Cuban officials and ordinary citizens alike hailed the island's removal from the US list of state sponsors of terrorism, saying the move by President ...



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Nokia confirms all-share deal for Alcatel-Lucent

Nokia says it is acquiring French telecom company Alcatel-Lucent through a public exchange offer in France and the United States. The Finnish company...



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Smartphone battery warranty falls short

Hong Kong’s consumer watchdog said today that smartphone makers should ensure a longer warranty period for their batteries than the usual six months n...



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(Asiana Airlines accident) ‘One step away from major disaster’

An Asiana Airways spokeswoman told AFP in Seoul, South Korea the company was checking Japanese news reports that the flight was approaching the runwa...



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(Asiana Airlines accident) Two Chinese among 18 hurt

South Korean carrier Asiana Airways said 18 passengers including 14 Japanese, two Koreans and two Chinese had been hurt. Only one of them had to st...



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(Asiana Airways accident) ‘We though we were going to die’

As the South Korean Asiana Airways plane spun out of control on the runway at Hiroshima airport in Japan, those on board spoke of terror and confusi...



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Korean Asiana Airways plane spins out of control at Japanese airport runway

A South Korean Asiana Airways plane smashed into a communications antenna as it came in to land at a Japanese airport, footage showed today, injurin...



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(Champions League) Juve stay on course for treble

A controversial penalty handed Juventus a narrow 1-0 win over Monaco in the first leg of their Champions League quarterfinal yesterday in Italy, leavi...



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(Football) Atletico Madrid keep Real at bay

Goalkeeper Jan Oblak made a series of outstanding saves to help Atletico Madrid hold Real Madrid to a 0-0 draw in the first leg of their Champions Lea...



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(Cricket) Australia bids adieu to commentator Benaud

A private funeral service attended by ex-players Shane Warne and Ian Chappell was held today for former Australia cricket captain and commentator Rich...



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(NBA) Miles helps Pacers pull through in double overtime

The Indiana Pacers moved one game closer to a playoff berth in the US National Basketball Association league with a dramatic double-overtime triumph ...



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Barry Cheung declared bankrupt

Former Executive Councillor Barry Cheung has been declared bankrupt by the High Court. Cheung, a former key supporter of Chief Executive Leung Chun-...



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CHINA ECONOMIC SLOWDOWN WORSENS

China's economy expanded 7.0 percent year-on-year in the first quarter, official data showed today, slumping to a new post global financial crisis l...



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Hang Seng flat at mid-day, Shanghai tumbles

Hong Kong shares ended the morning session marginally lower today while Shanghai lost more than 1 percent after data showed China's economy grew at ...



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China stock market bubble will burst as rally not grounded in economic reality





All you really need to know about the outcome of the growing bubble in the Chinese stock markets is contained in a couple of figures: 4.8 million stock trading accounts were opened across the border last month and another million or so have been opened so far this month.









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Alibaba Health Information Technology shares soar in Hong Kong





Shares of Alibaba Health Information Technology soared more than 85 per cent in Hong Kong on Wednesday after its ultimate controlling shareholder, e-commerce giant Alibaba Holding, will inject their online pharmacy business into the listed company in a deal worth HK$19.44









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Hong Kong, Shanghai shares nudge higher as China’s GDP number eyed





Hong Kong stocks crawled higher at the start of business on Wednesday as investors sat on the sidelines ahead of China’s announcement of its first-quarter GDP report.









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Central China Real Estate to issue US$300 million 6-year senior notes





Central China Real Estate plans to tap the offshore bond market with a plan to issue US$300 million senior notes due in 2021.









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Tuesday, April 14, 2015

Multimillionaire Jewish rabbi admits graft

A lawyer for an Israeli celebrity rabbi with a following in the United States says his client has pleaded guilty to bribing a senior police official a...



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Singaporean couple face sedition charge over anti-foreigner website

A Singaporean man and an Australian woman behind an online forum that often attacks immigrants and foreign workers in Singapore were charged today w...



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(Fashion) Monolo Blahnik honored for his shoe artistry

Manolo Blahnik, designer of timeless heels such as leather slingbacks, will be honored in September with the Artistry of Fashion award from The Museu...



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Crocodile attacks Australian golfer

An Australian golfer playing at a tourist resort owned by controversial politician Clive Palmer has been attacked by an crocodile. Police said on T...



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European stocks open lower

Europe's main stock markets slid at the start of trading on Tuesday, despite news that Finnish telecoms giant Nokia was in advanced talks to buy Fre...



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Apple sued by Romero Britto for copying art for campaign

Artist Romero Britto (Pictured) is suing Apple Inc and a design firm in US federal court, accusing them of misusing his color-splashed images and dist...



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(NBA) Heat need one more win to secure playoff spot

Hassan Whiteside tied a career high with 24 points and grabbed 13 rebounds and Dwyane Wade scored 22 points as the Heat kept their playoff hopes alive...



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Muscle-building supplement endangers liver

The US Food and Drug Administration is warning consumers to avoid dietary supplements sold by a Las Vegas company because they may contain anabolic st...



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(NBA) Knicks shock Hawks

Rookie Langston Galloway scored a career-high 26 points, hitting all six of his 3-point attempts, as the Knicks stunned the playoff-bound Hawks 112-10...



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(NBA) Carter-Williams matches career high in return

Michael Carter-Williams matched his season-high with 30 points in his first game back in Philadelphia to lead the playoff-bound Bucks to a 107-97 vict...



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American security contractors jailed for Iraq civilian slaughter

A US federal judge sentenced one former Blackwater security guard to life in prison and three others to 30-year terms for their roles in a 2007 shooti...



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(NBA) James lifts Cavs over Pistons with triple-double

LeBron James returned from a day off to record a triple-double as the Cavaliers got ready for the playoffs with a 109-97 win over the Pistons. Jame...



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(NBA) Chicago rout Brooklyn

Nikola Mirotic scored 26 points and Pau Gasol had 22 points and 11 rebounds as the Bulls clinched home-court advantage in the first round of the playo...



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Republican Rubio announces White House bid

US senator Marco Rubio entered the presidential race Monday with a promise to move beyond the politics of the past, a jab at both Democratic favorite ...



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(NBA) Clippers stay in fight for the second playoff seed

Blake Griffin scored 22 points and DeAndre Jordan had a double-double as the Clippers eked out a 110-103 victory over the Nuggets, moving Los Angeles ...



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Code-breaker Turing's notebook fetches US$1m

A handwritten notebook by British World War II code-breaking genius Alan Turing, who was the subject of the 2014 Oscar-winning film ¡¡±The Imitat...



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Man hit and killed by LRT

A man died after he was hit by a Light Rail Transit train near San Hui Stop in Tuen Mun around noon time. He was trapped under the train which was he...



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(NBA) Warriors beat depleted Grizzlies

Klay Thompson scored 26 of his 42 points in a sensational second quarter as the Warriors beat the undermanned Grizzlies 111-107. Thompson finished ...



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Court shuts down Japan reactors

A court has issued an injunction ordering two nuclear reactors in western Japan to stay offline, rejecting regulators' safety approval for the facilit...



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(NBA) Westbrook keeps Thunder's playoff hopes alive

Russell Westbrook scored 36 points as the Thunder beat the Trail Blazers 101-90 to keep their playoff hopes alive. Westbrook picked up his 16th tec...



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Leung confident Legco will pass political reforms

Chief Executive Leung Chung-ying expressed confidence that the political reforms package to be tabled in the Legislative Council next Wednesday will p...



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(NBA) Davis leads Pelicans closer to playoff spot

Anthony Davis had 24 points, 11 rebounds and six blocks to move the New Orleans Pelicans one step closer to a playoff berth with a 100-88 victory over...



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Nikkei closes flat

Tokyo stocks ended flat today, squeaking up 0.02 percent, as a stronger yen and profit taking held back gains. The Nikkei 225 index at the Tokyo Sto...



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Cheryl’s birthday puzzle challenges math wizards

A math problem that first appeared in a test for Singapore's elite high school students has baffled internet users around the world after it went vi...



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Ex-oil company exec rejects graft charges

A former senior executive of China's largest oil producer denied most corruption charges at his trial, state-run media reported, a rare example of d...



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Student dies after hit by taxi

A Baptist University student who was hit by a taxi and then trapped under a truck in Kowloon Tong last week has died. Jamie Kan had undergone sever...



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Hard to gain support from pan-dems over reform: Tong

Civic Party lawmaker Ronny Tong Ka-wah said on Tuesday it is almost impossible to convince at least thirteen pan-democrat lawmakers to support its pol...



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Maxim's fined for food with cockroaches

Maxim's Caterers has been fined HK$7,000 for serving food with cockroaches inside. Eastern Court heard that the insects were found last June in a d...



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Police slammed for move to buy water cannons

A concern group has condemned the police's plan to buy three water cannons for controlling crowds. The Hong Kong Civil Rights Observer said blastin...



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Exploding Takata airbag hurts another US driver: Honda

Another exploding Takata airbag has left a US driver hurt, after a crash in a Honda car last month, the Japanese auto company said Tuesday, the late...



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Nokia nears purchase of Alcatel-Lucent wireless business: reports

Finland's Nokia is in advanced talks to acquire the wireless infrastructure business of telecom firm Alcatel-Lucent, reports said Monday. The annou...



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Hang Seng down by mid-day

Hong Kong stocks slipped 0.48 percent on profit-taking in morning trade Tuesday following an almost 15 percent rally over the previous eight session...



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UN: Peacekeeper from Chile killed in Haiti attack

The United Nations says that one of its international peacekeepers in Haiti has been killed in an attack. A statement from the UN Security Council ...



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Man beaten by deputies after chase says he feared for life

A Southern California man punched and kicked by sheriff's deputies after a chase involving a stolen horse said Monday that he feared for his life duri...



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China’s Hainan Airlines to raise 24 billion yuan in private placement





Hainan Airlines is planning to raise up to 24 billion yuan in a private placement to fund fleet expansion and increase its stake in a sister airline, the company said in a statement to the Shanghai stock exchange on Tuesday.









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(Football) Liverpool keep pace with top-four

Liverpool have overtaken Southampton into fifth place in the English Premier League after a 2-0 success at home against Newcastle. Raheem Sterling ...



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Security guards jailed for Iraq deaths

A federal judge in Washington has given prison sentences to four Blackwater security guards for their roles in a 2007 shooting that left 14 Iraqi civi...



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Hang Seng hit by profit-taking

Hong Kong was hit by profit-taking after a near 15 percent rise in eight days, with the benchmark index slipping nearly 1.5 percent in early trade. ...



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NKorea first lady appears in public for first time this year

North Korea's first lady has appeared in public for the first time this year as part of celebrations marking the birthday of the country's founding ...



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Global economy looking stable, should buoy equities





It may sound dull, but the global economy is looking surprisingly stable right now.









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Campaigners welcome China release for five feminist activists

Rights groups on Tuesday welcomed China's release of five feminist activists whose detention for more than a month triggered an international diplom...



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Jet makes emergency landing after worker falls asleep in hold

An Alaska Airlines plane made an emergency landing in Seattle Monday after a gate worker in the northwestern US city fell asleep in the cargo hold b...



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Nikkei flat by break

Tokyo stocks were flat Tuesday morning, as a stronger yen and profit taking held back gains. The Nikkei 225 index at the Tokyo Stock Exchange, which...



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China’s PBOC cuts guidance on 7-day reverse repos, to inject 10 billion yuan in money markets





China’s central bank on Tuesday cut its guidance on the benchmark 7-day reverse repurchase (repo) agreement for the fifth time since the Chinese New Year in February, traders said.









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Rare Omura's whale washes up in Australia

A rarely seen Omura's whale has washed up in Australia, only the second sighting nationally and one of the few globally, exciting scientists who kno...



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China weekly land sales revenue sinks 57 per cent – survey says





Weekly land sale revenue in 40 cities in mainland China plunged 57 per cent to 5.4 billion yuan as less land was released for sale last week, according to a survey released late on Monday.









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