Li Ka-shing’s CKI to raise USD500m to fund UK rail deal

CKI will offer about 69 million shares at HK$56.60 (USD7.30) to HK$58.60 each through a placement, with proceeds financing the Eversholt purchase, according to deal terms obtained by Bloomberg News

Corporate Bits | A journey of true love from an intimate SPA to a romantic dinner

Paris is renowned for its romantic ambience. Now, Chef de Cuisine, Elie Khalife and his team at Aux Beaux Arts recreates that mood through exceptional gastronomy on a special 6-course

China largest importer of farm products from Brazil in 2014

In second to fifth place on the list are the United States, the Netherlands, Russia and Germany, and the top five countries last year imported agricultural and livestock products worth

Japan funds construction of electrical substation in Mozambique

Japan will donate USD18.5 million for the construction of a new electrical substation in Namialo, Meconta district, in Nampula province, northern Mozambique, the Japanese International Cooperation Agency (JICA) said in

Guinea-Bissau | South Korea donates boats for fishing inspection

Guinea-Bissau last weekend received two boats donated by South Korea to increase fishing surveillance in its territorial waters, a government source said in Bissau. The two patrol vessels were delivered

New Yorker writer says he didn’t pen op-ed in mainland paper

A New Yorker journalist famed for his reporting from China wrote that the state-run newspaper China Daily faked an editorial under his byline after interviewing him. Peter Hessler said on Facebook on Tuesday that

Hong Kong | Gov’t warns public to avoid outdoors as pollution soars

The pollution index reached 10+ at monitors in Central, Mong Kok and Causeway Bay, the city’s main business and entertainment districts, at 5:00 p.m. local time, according to the Environmental

Kenya gov’t considers request to repatriate Chinese hackers

China made a formal request to extradite its nationals, the foreign affairs ministry’s political and diplomatic secretary Ben Ogutu said on a live TV talk show. During an official trip to Kenya

Shanghai fires four officials for deadly New Year’s stampede

  Shanghai sacked four officials and punished seven others for not providing enough security to prevent the deadly New Year’s Eve stampede, the first punishments meted out after President Xi Jinping

Philippines | Manila: China’s reclamation in disputed reefs now massive

  China’s land reclamation in contested reefs in the South China Sea has become “massive,” and is continuing despite protests from other countries, a Philippine official said yesterday, citing surveillance photographs. Philippine

Australia | Gov’t detains Malaysian killer but won’t allow execution

A fugitive detained in Australia has created a diplomatic problem for the Australian government which cannot by law extradite someone who could face capital punishment. Sirul Azhar Umar, a 43-year-old former

TERRORISM | Japan’s Abe ‘fighting against time’ seeking to free hostages

  Japan is doing all it can to free two hostages the Islamic State group is threatening to kill within 72 hours, Prime Minister Shinzo Abe said yesterday, vowing never to

France | Police to get better guns, more intel agents to fight terror

  France announced sweeping new measures to counter homegrown terrorism yesterday, including giving security forces better weapons and protection, going on an intelligence agent hiring spree and creating a better database

Israel | Palestinian attacker stabs passengers on Tel Aviv bus

  A Palestinian man stabbed nine people on a bus in central Tel Aviv yesterday, wounding four of them seriously before he was chased down, shot and arrested by Israeli police

USA | Obama calls for closing income gap

  U.S. President Barack Obama declared the U.S. economy healed and said the nation now must begin work to close the gap between the well-off and the wanting. “Tonight we turn the

This Day in History: 1980 Soviet dissident Sakharov banished

One of the Soviet Union’s most outspoken critics, nuclear physicist Dr Andrei Sakharov, has been ordered into internal exile. Officials in Moscow were angered by an interview Dr Sakharov gave

Offbeat | Man cited in US for eating cheeseburger while driving

A man says he was cited by police outside Atlanta for eating a cheeseburger while driving. Madison Turner tells Atlanta station WSB-TV (http://bit.ly/14Xxy83) he ordered a double quarter-pounder with cheese

Roof open or closed for Super Bowl?

  The Super Bowl stadium in sunny Arizona will present a dilemma for NFL officials as they grapple with a question that is faced by many pro sports teams in an

Boston organizers to make 2024 Olympic bid info public

  Boston residents will get their first chance on today to see how Olympic organizers would handle the 2024 Summer Games if they are awarded to the Massachusetts city. Local bid organizers

HK Observer: Reality Checks

How will Hong Kong continue to be governed, given the great social impasses revealed during the Occupy Movement?  On the one hand, there are those seeking Beijing’s good will, which

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