FINANCE

StanChart profits hit record despite wages spike

HONG KONG/LONDON (Reuters) – Standard Chartered notched up a ninth consecutive year of record earnings in 2011 on the back of buoyant growth in Hong Kong and Singapore, although rising competition for staff pushed up its wages bill. London-based Standard Chartered , which makes more than three quarters of its profit in Asia, said...

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Standard Chartered profits hit record despite wages spike

HONG KONG/LONDON (Reuters) – Standard Chartered notched up a ninth consecutive year of record earnings in 2011 on the back of buoyant growth in Hong Kong and Singapore, though rising competition for staff pushed up its wages bill. London-based Standard Chartered , which makes more than three quarters of its profit in Asia, said...

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Standard Chartered Net Up 12%; Driven By Hong Kong, Singapore

Asia-focused lender Standard Chartered PLC (STAN.LN) said Wednesday it posted a record net profit for the ninth consecutive year in 2011, as strong growth in Hong Kong and Singapore helped boost earnings 12%, despite declines in India and Korea. (read the rest of the story…) Related items Standard Chartered Net +12%; Driven By Hong...

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Standard Chartered Net +12%; Driven By Hong Kong, Singapore

Standard Chartered PLC (STAN.LN) Wednesday posted a record full-year net profit for the ninth consecutive year and set its sights on double-digit increase in revenue in 2012 despite a cloudy macroeconomic outlook and rising costs. (read the rest of the story…) Related items Standard Chartered Net Up 12%; Driven By Hong Kong, Singapore Standard...

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Sun Hung Kai to Sell 3,500 Hong Kong Homes as China Eases Credit

Sun Hung Kai Properties Ltd., Hong Kong’s biggest developer by market value, plans to sell 3,500 homes this year in the city, seeking to benefit from a rebound in transactions after China loosened credit control. (read the rest of the story…) Related items Sun Hung Kai to Sell 3,500 Hong Kong Homes as China...

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Sun Hung Kai to Sell 3,500 Hong Kong Homes as China Eases Credit Controls

Sun Hung Kai Properties Ltd., Hong Kong’s biggest developer by market value, plans to sell 3,500 homes this year in the city, seeking to benefit from a rebound in transactions after China loosened credit control. (read the rest of the story…) Related items Sun Hung Kai to Sell 3,500 Hong Kong Homes as China...

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Saxo Bank Scoops 4 Awards at the Social Forex Awards 2011

HONG KONG– – Saxo Bank, the online trading and investment specialist, has won no less than four Awards at the inaugural Social Forex Awards 2011. Saxo Bank ranked number one in the following categories:Most … (read the rest of the story…) People who looked at this item also looked at… Gilbert and George debut...

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Hong Kong, Jersey Sign DTA

On February 24, Hong Kong’s Secretary for Financial Services and the Treasury, Professor K C Chan, and Jersey’s Chief Minister Ian Gorst, signed a double taxation agreement (DTA) between Hong Kong and Jersey. (read the rest of the story…) Related items Hong Kong, Malta Sign DTA Hong Kong Signs DTA With Malaysia Hong Kong...

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Asia Markets: Asia stocks mixed, with Hong Kong, Tokyo gaining

Asia stocks trade mixed, with Japanese stocks rising on a weaker yen and Hong Kong rising, but with weakness in Seoul and Sydney. (read the rest of the story…) Related items Asia Markets: Asia stocks fall as Europe fears revive First Hong Kong Apple Store to open September 24 Asia Markets: Hong Kong, Sydney...

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World stocks edge higher ahead of G20 meeting and as oil price hits new 9-month high

By Kelvin Chan, The Associated Press HONG KONG – World stock markets posted mostly small gains Friday amid investor caution over Europe's debt woes ahead of a Group of 20 meeting over the weekend and as … (read the rest of the story…) People who looked at this item also looked at… Hong Kong:...

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