CGN Power seeks USD3.2b in biggest Hong Kong IPO in 2 years

CGN Power Co., China’s biggest producer of nuclear energy, is seeking as much as USD3.2 billion in what could be the largest initial public offering in Hong Kong in two

Mainland investors turn sellers through HK stock link

Mainland Chinese investors briefly turned net sellers of Hong Kong stocks through the city’s bourse link for the first time yesterday, after taking up just 6.1 percent of daily buying

Corporate Bits | Second Pro boxing extravaganza coming to Shanghai

Fist of Power II features seven bouts including two regional title fights for Chinese boxers, who regard the upcoming event as a warm-up for shooting for world titles next year. Yang

Mozambique | Exponential increase in banking sector assets continues

Six of the largest banks – Millennium bim, BCI, Standard Bank, Moza Banco, Banco Único and Barclays – posted an increase of 19 percent in net assets to nearly USD8.5

Angola | Economic diversification costs USD22.7b

The projects selected to accelerate the process of diversification of Angola’s economy over the next three years have an estimated cost of USD22.7 billion, Angola’s Economy Minister said recently in

State media give profs a chilling warning

Over two weeks, the Communist Party-run Liaoning Daily newspaper sent reporters to sit in on dozens of university lectures all over the country looking for what the paper said were

Hong Kong | Jutting, fit to plead, remanded 7 months for murder probe

Prosecutors were granted seven months to further investigate charges against Rurik Jutting, a former Bank of America Corp. employee whose psychiatric reports said he’s fit to plead in a double-murder

Beijing defends land reclamation in South China Sea 

Defying a U.S. call to halt the project, China defended its land reclamation in the disputed Spratly Islands in the South China Sea yesterday, saying the work is for public service use, although a

Australia | Mom charged with trying to kill baby left in drain

A 30-year-old Sydney mother has been charged with trying to kill her newborn son by abandoning him in a roadside drain for five days before passers-by heard his cries, police

Afghanistan | At least 50 dead in volleyball match suicide attack

The death toll in Afghanistan’s deadliest insurgent attack this year has risen to at least 50, with 63 wounded, many of them children, officials said yesterday, as NATO confirmed that two of

Thailand | Editor sentenced to jail for defaming king 

A military court in junta-ruled Thailand sentenced a Web editor to 4 1/2 years in jail yesterday for publishing an article five years ago that it said defamed the nation’s

IRAN | Diplomats speak of nuke progress, next round December 

The U.S. and Iran are making last-minute progress at nuclear talks but will need to extend negotiations to next month, Western diplomats said yesterday. Their comments matched earlier word that negotiations had now

USA | Probe begins after boy with fake gun shot by police

A 12-year-old boy was fatally shot by police in Cleveland after brandishing what turned out to be a replica gun, triggering an investigation into his death and a legislator’s call for such weapons to

Art | Swiss museum to accept Nazi art trove 

A Swiss museum agreed yesterday to accept a priceless collection of long-hidden art bequeathed to it by German collector Cornelius Gurlitt, but said it will work with German officials to

Literature | AP Exclusive: Letter that inspired Kerouac found 

It’s been called the letter that launched a literary genre — 16,000 amphetamine-fueled, stream-of-consciousness words written by Neal Cassady to his friend Jack Kerouac in 1950. Upon reading them, Kerouac scrapped an early draft of

this day in history: 1973 Army deposes ‘hated’ Greek president

There appears to have been little or no resistance when tanks rolled into Athens and troops took up positions around government buildings shortly before dawn. The coup was orchestrated by the

Offbeat | TV anchor’s fashion sense gets attention, finally

The male co-host of an Australian TV program is finally getting some attention for his fashion sense. And that’s his point. Karl Stefanovic wore the same blue suit every day for

Boxing | Pressure builds on Mayweather after Pacquiao win

Manny Pacquiao is done taking the high road, tired of pretending he doesn’t care. At long last he has Floyd Mayweather Jr. right where he wants him. And this time he’s

Swimming | China delays announcement of Sun Yang’s doping ban

Olympic and world champion swimmer Sun Yang served a three-month ban earlier this year after testing positive for a banned stimulant, China’s anti-doping agency disclosed yesterday. Sun tested positive for trimetazidine

Our desk: Sell it to us first

I was at the press conference for the “Parade through Macau, Latin City” on Sunday. The Cultural Affairs Bureau (IC) has adopted a rather quirky but interesting storyline for the

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