Category: FINANCE

The comment was made by Hong Kong’s new bishop, Michael Yeung Ming-cheung ... former leader Donald Tsang Yam-kuen and his wife Selina Tsang Pou Siu-mei, finance minister Paul Chan Mo-po, labour minister Law Chi-kwong and food and health chief Sophia ... ( read original story ...)

First Group and Hong Kong-based MTR will take over the South West Trains franchise from Stagecoach on 20 August. The Waterloo work will culminate over the August bank holiday weekend, when it will be one of a number of large projects being carried out. ( read original story ...)

The AFP pressured the bank to escalate their request for documents "to the highest priority at CBA" noting $21 million had been laundered by the syndicate and five people arrested, including three in Hong Kong. The bank agreed to close the accounts ... ( read original story ...)

CKP has made over HK$100 billion of investments over the years, he noted, adding that it had plenty of land in the mainland. Still, according to its results filing, its development land bank on the mainland had shrunk to 114 million square feet by June 30 ... ( read original story ...)

He said more than 150,000 people have been able to access safe water whilst 90,000 others have access to sanitation facilities through the Hongkong Shanghai Banking Corporation Water Programme implemented in five district including the Birim North and ... ( read original story ...)

The couple’s love of Asian furniture speaks to their various trips through Brunei, Singapore, Vietnam, Macau, Indonesia, The Philippines and, for Chris, years spent working in newspapers and banking in Hong Kong. Somewhere along the way, Lucinda became a ... ( read original story ...)

Free unilateral trade — when a country decides to just unilaterally abolish all of its own import barriers, as in Hong Kong or in 19th-century Britain — would produce many if not most of the benefits of multilateral free trade. The fact that America ... ( read original story ...)

TEMA can also be used as a momentum indicator. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. The benefit of the Schaff Trend Cycle is that it is meant to be quicker than the standard macd and stochastic signals. ( read original story ...)

The review will affect 7,600 staff outside Hong Kong in more than 100 places ... a measure it said it would deploy again “from time to time”. Ellis Taylor, Asia finance editor at aviation news portal FlightGlobal, said of the cost-saving measures ... ( read original story ...)

Collis also produced Wayfoong (1965), commissioned as a centenary history for the Hong Kong and Shanghai Banking Corporation, which engagingly details the bank’s establish­ment and first 100 years of opera­tions. At the time, popular authors such as ... ( read original story ...)

HONG KONG (Reuters) - China plans to further tighten the screws ... On top of tightened scrutiny of deal terms, the country's foreign exchange and banking regulators are also looking to step up their monitoring of loans made by the overseas branches ... ( read original story ...)

One of the money laundering syndicates linked with the Commonwealth Bank compliance scandal worked with drug smugglers who imported methamphetamine worth $315 million, the largest ice seizure in West Australian history. The Hong Kong-linked syndicate used ... ( read original story ...)

Bank of America climbed 60 cents ... the Nikkei 225 index in Japan fell 0.4 percent while South Korea's Kospi added 0.4 percent. The Hang Seng in Hong Kong edged up 0.1 percent. ( read original story ...)

AUSTRAC alleges in this case that by April 2015 the bank had identified "repeated, suspicious and connected" patterns of deposits but still permitted the transfer of money to accounts in Hong Kong. Anti-money laundering laws in Australia require the ... ( read original story ...)