Issue: July 26, 2014   (Archive)
Saturday, July 26, 2014   



HOS fees shocker in Tai 0
Owners of a Home Ownership Scheme project in Tai O will have to pay an exorbitant management fee of about HK$2,000 a month.

Legco to meet on Lai cash
The Legislative Council Committee on Members' Interests will meet next week to discuss alleged donations by media mogul Jimmy Lai Chee-ying to pan-democrat lawmakers.

Unions join greens in runway campaign
Green groups have found new allies in their campaign opposing the third runway, as three flight attendants unions said it could threaten their members' jobs.

More places on way for degree students
About 1,000 additional subsidized degree places will be provided in self- financed colleges to ease a shortage of specialists.

Rescue battle for dog swept away from terminal
A dog had a lucky escape from near-death, thanks to three men on a fishing trip.

Worst feared as jet with 116 crashes
An Air Algerie flight crashed yesterday en route from Ouagadougou in Burkina Faso to Algiers with 110 passengers on board.

Menswear maker hit by speculation
Fujian Nuoqi (1353) chairman and chief executive Ding Hui and his wife Chen Ruiying have absconded with funds, leaving the menswear maker owing huge debts, Sina Finance reported.

ASM shows industry as profits and sales boom
Industrial equipment supplier ASM Pacific Technology (0522) yesterday announced an interim profit of HK$573.83 million, up 140.8 percent from the first half of 2013 and more than the HK$558.6 million it earned all last year.

Dickson Concepts sees weak market challenges
High-fashion retailer and distributor Dickson Concepts (International) (0113) expects to record a loss for the six months ending September 30, with executive chairman Dickson Poon warning that market conditions will remain weak in the second half of the year.

Amid the signs of promise, mainland developers look good
Liquidity-driven buying has powered up stocks globally, with investors seeking higher yields in emerging markets.



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