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  • July 22, 2014
  • Last updated: 5:28pm
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  1. Business - Banking & Finance

    Brokerage giant settles discrimination lawsuit

    Posted Aug 29th 2013, 09:56am by AP

    ... Bish said the settlement should force changes beyond the company singled out as the defendant. “They are leaders on Wall Street,” she said. “And increasing opportunities for African-Americans ... pervaded Merrill Lynch, at least partly because the company employed relatively few African-Americans overall. In a 2009 plaintiffs’ filing, they contended that fewer than 2 per cent of the brokers ...

  2. Comment - Blogs

    Why Russians love Hong Kong and Asia

    Posted Aug 01st 2013, 01:32pm by Anna Healy Fenton

    ... scientifically – it’s one Ukrainian, one AfricanAmerican and so on, very strict. It’s done individually and all depends how Russia is viewed at the time they apply.” Lee Kwan Yu a Russia fan  ... for concerts. In addition to the holidaying and culture-hunting Russians from Moscow and the new wave from further east, there’s another lot, the traders operating out of southern China.  “The large ...

  3. Business - THE VIEW

    HSBC seems to find it easier to pay fines than fix corporate culture

    Posted Jul 14th 2014, 03:09am by Peter Guy

    ... Peter Guy A US$1.9 billion settlement in the US showed the need for HSBC to fix its inward-looking culture, but so far it seems easier to just pay the fines Too big to learn Since ... changing the underlying business culture that allows these violations to occur. Since its 2012 charges of money laundering and US$1.9 billion fine and settlement last year, HSBC has operated under ...

  4. Business - Economy - OPINION

    Gambling the trump card for livening up culture

    Posted Jun 25th 2014, 02:37am by Richard Wong

    ... Richard Wong Gaming sustained opera in the 18th century and may play a vital role as it returns to centre stage Gambling the trump card for livening up culture George Orwell argued ... of opera into a non-profit enterprise changed the art form. Opera's legitimacy as an artistic genre grew rapidly and it became part of the national high culture. But its format was replaced ...

  5. Business - Comment - MONEY MATTERS

    Ma's grip on Alibaba all in the name of preserving its founders' culture

    Posted Jun 21st 2014, 12:40am by Shirley Yam

    ... in the name of preserving its culture As Alibaba drums up its initial public offering in the US, there will be increasing expressions of regret about Hong Kong giving up the big cake in return ... said, rather to preserve the culture shaped by the founders. Unlike dual-class ownership structures that employ a high-vote class of shares to concentrate control in the hands of a few founders, ...

  6. Business - China Business - ACQUISITIONS

    Speculation on Tencent interest fuels rise in SMI Culture shares

    Posted Jun 12th 2014, 01:10am by BIEN PEREZ AND LANGI CHIANG

    ... Culture SMI Culture Group saw its shares surge to a three-month high yesterday, largely on speculation mainland internet giant Tencent Holdings planned to buy the media services company. In a filing with the Hong Kong stock exchange, SMI Culture said its board took note of reports in Hong Kong and on the mainland "regarding the intention of an investment fund of Tencent Holdings ...

  7. Business - China Business - WEALTH

    China's rich are less likely to keep business in the family – unlike Hong Kong’s wealthy

    Posted Jul 21st 2014, 11:51am by Toh Han Shih

    ... and family disputes can destroy businesses. New billionaires in China are very open-minded about their legacy CLIFFORD NG, PARTNER, ZHONG LUN "While cultural preference in inheritance may play ... the first generation seldom see themselves as dynasty builders. That age and culture seem to have passed." Michelle Chow, a consultant at Withers, has a client who is a wealthy entrepreneur ...

  8. Business - Banking & Finance - FINANCE

    FSDC sees bigger role for Hong Kong in helping Chinese firms go global

    Posted Jul 15th 2014, 01:31am by Enoch Yiu

    ... Many Hong Kong accountants and lawyers know the Chinese culture and language while they also have the international network and experience," Cha said. The FSDC is the highest level ...

  9. Business - Economy - RELATIONSHIPS

    Eight-scale tool for mapping cultural differences

    Posted May 23rd 2014, 11:45am by Erin Meyer

    ... Erin Meyer Identifying typical behaviour in a group is sometimes necessary in business rather than focusing on the personal traits of an individual Tool for mapping cultural differences ... navigating through wildly different cultural realities. Unless we know how to decode other cultures and avoid easy-to-fall-into cultural traps, we are easy prey to misunderstanding, needless conflict ...

  10. Business - China Business - COMPANY VISIT

    BAIC off on bumpy ride in global push

    Posted Jul 12th 2014, 12:52am by Kwong Man-ki

    ... to manage talent was important when dealing with people from different cultures and countries. "The road to go global is bumpy, but this is what we choose to do to make BAIC a company that can ...




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