Date
2 March 2015

BUSINESS

  • Peter Huang (second left), says Sun Art expects its e-commerce platform Feiniu.com to turn a profit in three to five years. Photo: EJ Insight

    Sun Art eyes China e-commerce boom

    - Mar 2, 2015 6:39pm
    Sun Art Retail Group Ltd. (06808.HK), China’s leading hypermarket operator, hopes to build its online sales to 10 billion yuan (US$1.6 billion) within three years from 150 million yuan as online retail burgeons in the country. “In 2014,...
  • Content marketing yields longer-lasting benefits for brands and advertisers compared to the more traditional ads.

    Why content marketing scores over traditional advertising

    - Mar 2, 2015 4:59pm
    What is content marketing? According to a definition, content marketing is a strategic marketing approach focused on creating and distributing valuable, relevant and consistent content to attract and retain a clearly-defined audience — and, ultimately, to...
  • A weaker renminbi resulting from reduced interest rates will bolster Chinese exporters. Photo: Internet

    More rate cuts needed to stabilize growth

    - Mar 2, 2015 3:47pm
    On Saturday, China’s central bank slashed the one-year benchmark lending rate by 25 basis points to 5.35 percent and the one-year deposit rate by 25 basis points to 2.75 percent. The move had been widely expected....
  • Søren Skou says the biggest threat to world trade comes from the faltering economies in China, Brazil and Russia. Photo: Bloomberg

    Maersk warns of global trade slowdown

    Mar 2, 2015 2:11pm
    Maersk Line, the world’s largest container shipping group, is warning that global trade growth could slow this year despite falling oil prices. The biggest threat comes from the slowing Chinese, Brazilian and Russian economies, the Financial...
  • Weak export orders remain a drag on China's manufacturing sector, a new survey shows. Photo: Reuters

    HSBC China PMI rises but export orders remain a concern

    Mar 2, 2015 10:30am
    A gauge of Chinese factory activity inched up to a seven-month high but there was not much room for cheer as export orders shrank and deflationary pressures persisted, according to a private survey sponsored by HSBC....
  • Leading mobile operators are struggling to make a case for 5G networks as consumers strive to take full advantage of the capabilities of 4G. Photo: Reuters

    Mobile industry tiptoes toward 5G

    Mar 2, 2015 10:27am
    Leaders of the world’s wireless industry agree their next big idea is 5G, the fifth generation of networks they expect to have up and running by 2020, Reuters reported. But first they’ll have to decide what...
  • US and South Korean troops fire howitzers during a live-fire drill south of the demilitarized zone in this 2012 file picture. Photo: AFP

    North Korea fires missiles in anger as US, South begin drills

    Mar 2, 2015 10:19am
    North Korea fired two short-range missiles into the sea on Monday as the United States and South Korea kicked off eight weeks of joint military drills. The nuclear-armed North Korean People’s Army (KPA) denounced the exercises, saying...
  • Uniqlo posted 57.2 percent growth in operating profit overseas for its first fiscal quarter to November. Photo:AFP

    Uniqlo to hasten overseas expansion amid falling yen

    Mar 2, 2015 10:02am
    Fast Retailing Co. Ltd. (06288.HK), which operates Japanese apparel chain store Uniqlo, is planning to ramp up its overseas expansion plan amid a falling yen, the Hong Kong Economic Journal reported Monday. The weak currency has driven up costs,...
  • Mortgage loan rules needed to be tightened in view of rising home prices and growing risks, Ceajer Chan (L) and John Tsang stressed. Photo: HKEJ

    Govt officials defend new HK mortgage rules

    Mar 2, 2015 9:37am
    Government officials have defended the latest move by the Hong Kong Monetary Authority (HKMA) to tighten the mortgage loan rules, saying steps were needed to reduce the risks in the system.  It is the duty of...
  • Negative bond yields are occurring in countries and regions where the currency is depreciating and likely to depreciate further, including Germany and other parts of the eurozone core. Photo: Internet

    Negative way to growth

    - Mar 2, 2015 9:08am
    Monetary policy has become increasingly unconventional in the past six years, with central banks implementing zero interest rate policies, quantitative easing, credit easing, forward guidance and unlimited exchange rate intervention. But now we have come to...

World

  • China is stepping up efforts to crack down on polluting industries. Photo: Bloomberg

    China orders Linyi and Chengde to punish polluting steel mills

    Mar 2, 2015 4:07pm
    China has ordered local governments in two key steel-producing cities to take tougher action against polluters from the sector as part of efforts to improve air quality, Reuters reported. Inspectors from the Ministry of Environmental Protection...
  • Fed chair Janet Yellen may resist an early rate hike, but more members of the board are looking at a June tightening. Photo: Bloomberg

    Fed governors back June rates liftoff

    Mar 2, 2015 3:53pm
    More members of the United States’ Federal Reserve favor raising interest rates in June. And since Fed chief Janet Yellen puts a premium on consensus, the possibility of a June tightening looms larger, although it’s a...
  • The Islamic State seems to think that graphic hostage beheading videos are the most "cost-effective" way to gain global attention. Credit: Reuters

    What does ISIS hope to gain with horrific videos?

    - Mar 2, 2015 3:46pm
    With the beheading of Japanese and Western hostages and the burning-alive of a Jordanian pilot, Islamic State, also known as ISIS, has shocked the world. Now, why is the jihadist group doing all these things? According...
  • Some bidet toilet seats in Japan (left) have "Made in China" printed on the box. Photos: CCTV, zjol.com.cn

    Chinese tourists’ precious purchases in Japan made in China

    Mar 2, 2015 3:21pm
    Bidet toilet seats — which eject a cleansing spray toward the user’s nether regions — flew off the shelves in retail stores in Japan over the Lunar New Year holidays.  But many of the Chinese tourists...
  • Singapore has become prosperous but it is also grappling with problems similar to those in Hong Kong -- high property prices, widening income gap, etc. Photo: Bloomberg

    Singaporeans prepare for life after Lee Kuan Yew

    - Mar 2, 2015 2:49pm
    Singapore is a city often compared to Hong Kong, largely because of their similar economic success despite being small and having limited natural resources. While Hong Kong has made a smooth transition from British administration to...
  • Rebekah Brooks was acquitted last summer in Britain's phone-hacking scandal. Photo: Bloomberg

    Brooks set to return to Murdoch empire in social media role

    Mar 2, 2015 11:10am
    Rebekah Brooks, the former editor of British tabloid The Sun who has been cleared of all charges in Britain’s phone hacking scandal, is returning to News Corp. to run Storyful, its social media news agency. The...
  • Chai Jing, a former journalist at China Central Television, presents a self-funded documentary about smog. Photo: CFP

    Former TV anchor on crusade against pollution

    Mar 2, 2015 11:07am
    A celebrity television journalist, who resigned from her job at the state broadcaster last year to take care of her sick daughter, has produced a deeply personal film about China’s worsening air pollution problem. Chai Jing’s...
  • Wat Rong Khun will have toilets for Chinese tourists and separate ones for everybody else. Photo: Bangkok Post

    Thai temple plans toilets for non-Chinese

    Mar 2, 2015 9:50am
    One of northern Thailand’s most famous temples plans to build toilets to be used by Thais and non-Chinese tourists only, the Bangkok Post reported. Wat Rong Khun, better known as the White Temple, in Chiang Rai...
  • A portrait of Kremlin critic Boris Nemtsov, who was shot dead Friday night, is held aloft during a commemoration march in central Moscow on March 1. Photo: Reuters

    Thousands march in Moscow to honor slain opposition politician

    Mar 2, 2015 8:59am
    Tens of thousands of people marched through Moscow on Sunday to pay tribute to opposition politician Boris Nemtsov, who was shot dead by unknown assailants in the Russian capital two days earlier.  The crowd, which the...
  • Warren Buffett says his successor would have to have the ability to fight the ABC of business -- arrogance, bureaucracy and complacency. Photo: Intenet

    Warren Buffett hints at successor

    Mar 2, 2015 8:48am
    Warren Buffett has sparked fresh speculation about his potential successor as Berkshire Hathaway shareholders marked the company’s golden anniversary. Vice chairman Charlie Munger got the ball rolling by saying the company’s next leader could be either...

COMMENTARY

  • Content marketing yields longer-lasting benefits for brands and advertisers compared to the more traditional ads.

    Why content marketing scores over traditional advertising

    - Mar 2, 2015 4:59pm
    What is content marketing? According to a definition, content marketing is a strategic marketing approach focused on creating and distributing valuable, relevant and consistent content to attract and retain a clearly-defined audience — and, ultimately, to...
  • A weaker renminbi resulting from reduced interest rates will bolster Chinese exporters. Photo: Internet

    More rate cuts needed to stabilize growth

    - Mar 2, 2015 3:47pm
    On Saturday, China’s central bank slashed the one-year benchmark lending rate by 25 basis points to 5.35 percent and the one-year deposit rate by 25 basis points to 2.75 percent. The move had been widely expected....
  • The Islamic State seems to think that graphic hostage beheading videos are the most "cost-effective" way to gain global attention. Credit: Reuters

    What does ISIS hope to gain with horrific videos?

    - Mar 2, 2015 3:46pm
    With the beheading of Japanese and Western hostages and the burning-alive of a Jordanian pilot, Islamic State, also known as ISIS, has shocked the world. Now, why is the jihadist group doing all these things? According...

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