Date
13 December 2019

World

  • Alibaba sees its future hinging on reaping value from big data. Photo: Bloomberg

    Alibaba official says group essentially a data company

    - Apr 21, 2014 12:04pm
    Alibaba Group can be described as a data company, a top executive said, adding that the firm’s online marketplace Taobao’s greatest contribution is getting to know the consumers’ habits. The Chinese e-commerce group’s Chief Technology Officer Wang Jian...
  • This picture of Song Lin and Yang Lijua was disseminated to the public from Wang Wenzhi's microblog.

    China Resources chief Song Lin sacked in graft probe

    - Apr 21, 2014 11:27am
    The chairman of the state-owned China Resources (Holdings) Co. Ltd., Song Lin, has been sacked for “suspected serious violations of discipline and law”, the official Xinhua News Agency reported over the weekend. Song’s dismissal came after Wang...
  • Two Chinese oil workers abducted in Sudan

    Apr 21, 2014 10:21am
    Two Chinese engineers were abducted by unidentified men Friday while working at an oil field owned by a Sudanese petroleum company, Xinhua reported Sunday, citing sources at the Chinese Embassy in Khartoum. Xinhua quoted Sudanese media...
  • Shanghai police begin armed patrols in security beef-up

    Apr 21, 2014 7:57am
    More than 1,000 policemen in Shanghai began carrying revolvers while on patrol Sunday as the administration tightened public security to deal with serious violent crimes, Xinhua news agency reported. The Ministry of Public Security invested in...
  • China Resources bosses try to reassure staff, SCMP says

    Apr 21, 2014 7:55am
    China Resources executives visited key business units to shore up morale after chairman Song Lin was removed because of a corruption investigation, the South China Morning Post reported Monday. Song, 51, was sacked from his jobs...
  • Taipei has seen large-scale protests in recent weeks over a cross-strait service pact. Photo: Reuters

    China not open for renegotiation on Taiwan service pact

    Apr 17, 2014 2:21pm
    The Taiwan Affairs Office of China’s State Council has rejected a proposal to renegotiate a service trade pact with Taiwan despite the strong public protests in Taipei over the deal, Global Times reported Wednesday. Fan Liqing,...
  • MTR Corp. knew there would be delays in the rail link project long before the rainstorms came, says Apple Daily. Photo: HKEJ

    Bad weather or bad excuse? MTR accused of lying on rail delays

    Apr 17, 2014 1:54pm
    MTR Corp. (00066.HK) lied when it blamed bad weather for the expected delays in the completion of Hong Kong’s high-speed rail link to Guangzhou as it knew budget overruns and changes in details of the projects would...
  • The Mega Events Fund has been criticized for poor oversight on organizers of events such as the Lion Dance. Photo: www.dragonlion.hk

    Mega Events Fund draws ire over irregularities

    Apr 17, 2014 1:14pm
    The government’s Mega Events Fund (MEF) may have improperly allotted funds for many events including the Hong Kong Dragon and Lion Dance Festival (DLDF), the Hong Kong Audit Commission said in report released Wednesday. The auditor...
  • Forbes China predicts China will have 14 million "mass affluent" people by the end of this year. Photo: Bloomberg

    Millions more to join ‘mass rich’ in 2014, Forbes China says

    - Apr 17, 2014 11:48am
    More than two million people will join the ranks of “mass affluence” in China this year, taking the national total to 14.01 million, Forbes China said Wednesday. Individuals must have between 600,000 yuan (US$96,500) and 6...
  • Andy Lau plays a farmer looking for his long-lost son in the upcoming movie Lost and Lonely. Photo: Xinhua

    Raggedy Andy Lau brushes up against the law in Nanchang

    Apr 17, 2014 11:24am
    Tragedy turned into a comedy of errors in Nanchang, Jiangxi province, Monday when uniformed city management officers gave chase to a man they mistook for a vagrant pasting notices for a missing person on pillars at...
  • A student's blog post detailing her past illegal immigrant status in Hong Kong has drawn a lot of attention among netizens.

    HKU medical student reveals her past illegal status

    Apr 17, 2014 11:20am
    Nineteen-year-old Betty Wong, who recently gained admission into the University of Hong Kong’s medical school, has revealed on Facebook that she was an illegal immigrant until January this year, Apple Daily reported Thursday. Since entering Hong...
  • Copper rebounds after a beating, WSJ says

    Apr 17, 2014 9:17am
    Copper prices are recovering after taking a hit last month on concerns that a slowdown in China — the world’s biggest buyer of the metal – would hurt demand, the Wall Street Journal reported Wednesday. Bets on falling prices...
  • China aims to improve the lives of people living in the countryside with more farm-related projects. Photo: Bloomberg

    China signals more support for rural projects

    Apr 17, 2014 9:04am
    China has a clear goal this year to focus on development of rural areas by enhancing financial support for related projects, a statement showed Wednesday after a cabinet meeting chaired by Premier Li Keqiang. Multiple work...
  • Yellen says US economy still far from closing in on Fed goals

    Apr 17, 2014 8:59am
    Federal Reserve Chairwoman Janet Yellen said the US must be mindful of how short the Fed is of its goals of full employment and price stability, Bloomberg News reported. “The larger the shortfall of employment or...
  • Chinese disposable income surges, paper says

    Apr 17, 2014 8:21am
    Average Chinese disposable incomes rose 11.1 percent year on year to 5,562 yuan (US$908.82) in the first quarter, China Daily reported Wednesday, citing National Bureau of Statistics data. Adjusted for inflation, the figure was up 8.6 percent....
  • China moves to bolster slowing growth, paper says

    Apr 17, 2014 7:23am
    China has taken steps to bolster the economy just hours after saying gross domestic product grew 7.4 percent in the three months to March, its slowest pace in 18 months, Shanghai Daily reported Thursday. The government...
  • Retail sales climbed 12 percent in the first quarter, accelerating from 11.8 percent growth in the first two months. Photo: Bloomberg

    The Big Picture: DATA ADD UP TO SLOWING ECONOMY

    Apr 17, 2014 7:20am
    China’s gross domestic product grew 7.4 percent in the first quarter from the same time last year, easing from 7.7 percent growth a year earlier and for the full year, according to data released Wednesday by...
  • Strike at Dongguan footwear plant may affect Nike orders

    Apr 16, 2014 4:28pm
    Workers at a large Dongguan-based footwear company, which is a major supplier of Nike and Adidas, went on strike over social security contributions and other labor disputes, threatening to disrupt the factory’s production schedule, China Business News...
  • Manila mayor Joseph Estrada will visit Hong Kong next week to formally apologize on behalf of his city for the 2010 hostage crisis. Photo: Bloomberg

    Manila mayor to visit HK to apologize for hostage siege

    Apr 16, 2014 1:01pm
    Manila mayor and former Philippine president Joseph Estrada will visit to Hong Kong next Tuesday to apologize for the 2010 Manila hostage crisis, which left eight Hong Kong tourists dead, China News Service reported Wednesday, citing...
  • Former justice secretary accused of conflict of interest

    Apr 16, 2014 12:20pm
    A legislative councillor has accused former justice secretary Elsie Leung Oi-sie of a conflict of interest over her links to the case of fugitive Oriental Daily News co-founder Ma Sik-chun, Apple Daily reported Wednesday.  Legislative Councillor Lee...