the National Development Bank, the Hong Kong and Shanghai Banking Corporation, the People’s Bank and the Bank of Ceylon. A Government official said a decision on the bank or banks is now being made. PM wants blood reports within two hours Prime Minister ... ( read original story ...)
Swire Pacific Chairman: Hong Kong’s Best Days Are Ahead
the local stock market unexpectedly became the top IPO generator in the world. The city has become a key trading hub for offshore renminbi (a special class of Chinese currency) as China has sought to assert its financial clout internationally. Hong Kong ... ( read original story ...)
New Hong Kong bishop signals need for political reform drive
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 ...)
Waterloo Station: £800m revamp begins with signal failure
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 ...)
How drug syndicates laundered $44 million through CBA
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 ...)
Why Hong Kong tycoon Li Ka-shing is setting his sights outside the region
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 ...)
Water Aid Ghana inaugurates project at Abokyikrom
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 ...)
TasWeekend: In step and on the same page
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 ...)
Pierre Lemieux: Trump’s ‘fair trade’ messenger is an undercover enemy of free trade
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 ...)
BOC Hong Kong Holdings Ltd (BNKHF) TEMA Picking up Steam
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 ...)
Cathay Pacific overseas operations to be affected by ‘review’ of workforce
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 ...)
From opium wars to HSBC, writer Maurice Collis brought Asia to vivid life
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 ...)
Exclusive: China regulators plan to crack down further on overseas deals
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 ...)
CommBank ATM scandal syndicate linked to the biggest ice haul in WA history
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 ...)