Issue: November 24, 2014   (Archive)
Monday, November 24, 2014   



Wanda set to build 150 hotels
Mainland property developer Dalian Wanda Group plans to build more than 150 premium hotels around the world by 2018 in an expansion of its luxury hotel business, Xinhua News Agency said yesterday.

Eight small banks make the first step
Eight small Chinese banks have raised their one-year deposit rates to the 3.3 percent maximum allowed after China's central bank cut its interest rates and allowed greater deposit flexibility last week.

HSI set for rate-cut jump
China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, while Friday's rate cut is expected to push the Hang Seng Index to open at least 400 points higher today and possibly rise to 24,300 this week.

Interest move fillip for Connect and shares
Shanghai-Hong Kong Stock Connect's purpose is to stimulate A shares, to increase foreign capital and reduce reliance on banks.

Hold on to stocks despite advance
US stock markets ended last week in record territory again, as China suddenly cut interest rates for the first time in more than two years, signaling a falling cycle.

Ex-boss accuses maid over `false' allegations
An employer who had three labor charges withdrawn against her has accused her former domestic helper of falsely claiming that she was assaulted and forced to work 21 hours a day for nine months.

Teaching exodus feared at school riven by crisis
There are fears there will be an exodus of teachers from the Canadian International School if their concerns about its governance are not addressed quickly.

Student protest leaders dismiss surrender bid
Student leaders say they are not yet ready to surrender to police with the three pioneers of Occupy Central.

Bokhary queries civil disobedience cause
People should obey the law even if they think it is wrong, former Court of Final Appeal judge Kemal Bokhary said.

Occupy seen to put us back 10 years
The Occupy Central movement has set political development back by 10 years, an academic noted.



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