bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

helpersCheckIsPostiesArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

moreOnThisArticles

urlAlias

commentCount

authorLocations

authors

paywallTypes

corrections

sponsorType

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

socialHeadline

headline

flag

firstTopic

glossary

flattenTypeIds

publishedDate

additionalInfoBoxes

images

image

relatedLinks

relatedNewsletters

__typename

createdDate

sponsor

factSheets

seriesReverseOrder

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

copyrighted

customTimezone

liveContents

Think tank estimates GDP growth at 8pc
China's gross domestic product will grow at an annualised rate of about 8 per cent in the first quarter of this year, while the consumer price index will rise an annualised 2.6 per cent, the China Securities News said, quoting the State Information Centre, a leading government think tank. Fixed-asset investment will grow 21 per cent, it said. Reuters
 
WTO rules against anti-dumping duties
China's anti-dumping duties on European Union X-ray security inspection equipment violate global commerce law, the World Trade Organisation said in its second ruling condemning a Chinese trade-remedy measure. Beijing accused EU companies of selling the equipment in China below cost, hurting Chinese producers of the scanners. Bloomberg
 
StanChart fined NT$5m for inadequate controls
Taiwan's Financial Supervisory Commission has fined Standard Chartered NT$5 million (HK$1.3 million) for inadequate internal controls. The regulator told the bank to fire an employee who embezzled funds from its credit card business. "This is an isolated incident, and we have taken action to prevent recurrence," a bank spokeswoman said. Kanis Li
 
Results roundup


		Net earnings at hotel and commercial property developer Great Eagle rose 6.8 per cent to HK$1.8 billion last year. Revenue from the firm's core business rose at the same rate to HK$5.68 billion. A total dividend of 66 HK cents per share was proposed, up from 61 HK cents a year ago. Paggie Leung
		 

		Shenzhen-based vessel fuel supplier and oil trader Brightoil Petroleum reported a net loss of HK$871 million for the last six months of last year, compared with a net profit of HK$965 million for the same period a year earlier. Revenue dropped 35 per cent to HK$23.6 billion, hit by a depressed market in the shipping industry. Sophie Yu
		 

		Xinjiang Goldwind Science & Technology, the mainland's second-largest maker of wind-power turbines, reported an unaudited 74.8 per cent plunge in net profit to 153 million yuan (HK$191 million) for last year. Revenues fell 11.8 per cent to 11.32 billion yuan. This is in line with the 50 per cent to 100 per cent full-year profit decline the firm forecast in October. Eric Ng
		 

		BYD's net profit plunged 94.2 per cent to 81 million yuan last year on poor sales of its handset components and solar cells, despite a rebound in sales of its cars. The operating loss was 319 million yuan, against a profit of 1.41 billion yuan the year before. Anita Lam



Standard Chartered net profit declines 17pc

StanChart poised for slowing growth

Standard Chartered looking to sell Hong Kong lender PrimeCredit

Hard times at StanChart raise fears for rivals

Standard Chartered

Business Digest, February 28, 2013

BYD's net profit plunged 94.2 per cent to 81 million yuan last year on poor sales of its handset components and solar cells.

Business

China Business

China's gross domestic product will grow at an annualised rate of about 8 per cent in the first quarter of this year, while the consumer price index will rise an annualised 2.6 per cent, the China Securities News said, quoting the State Information Centre, a leading government think tank. 
