Shanghai Daily: Business

• Shui On’s Lo lauds better business climate
  Hong Kong entrepreneur Vincent Lo, founder and chairman of Shui On Group, is sometimes called the “son-in-law of Shanghai” by the local media — a reference to his decades-long involvement with the city’s
• Chinese markets continue sliding
  China’s stock markets tumbled yesterday, led by losses in the coal sector and light manufacturing, after their deepest weekly dive last week since February.
• Central state firms report strong profit growth for first 3 quarters
  China’s central state firms continued to see strong revenue growth in the first three quarters of the year, official data showed yesterday.
• Office rents seen flat in Q3 as supply firms
  Grade A office rents in both core and decentralized areas of Shanghai remained generally flat in the third quarter and are unlikely to rise in the coming year mainly due to abundant new supply, international
• Struggling Sears finally files for bankruptcy
  Sears Holdings Corp filed for Chapter 11 bankruptcy yesterday with a plan to close 142 more stores, throwing into doubt the future of the century-old retailer that once dominated US malls but has withered