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  • July 28, 2014
  • Last updated: 3:34pm
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  1. News - World - UKRAINE

    Putin hits out at new US sanctions targeting major Russian companies

    Posted Jul 17th 2014, 11:10pm by AGENCIES

    ... include Vnesheconombank (VEB), which acts as payment agent for the government, and eight arms firms, including the producer of the Kalashnikov assault rifle. However, Washington stopped short ... and halt lending to public-sector projects in Russia. Russia's rouble-traded stock market and the rouble itself fell on opening but did not collapse. After stabilising, Rosneft was down around ...

  2. Business - Banking & Finance - BANKING

    Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

    Posted Jul 08th 2014, 11:58am by George Chen, Jeanny Yu

    ... George Chen and Jeanny Yu Key trade-zone permits elude foreign banks Ten foreign banks have opened subsidiaries in the Shanghai free-trade zone, but none has obtained a key permit ... to be able to freely convert and transfer capital between overseas accounts and free-trade accounts (FTAs), which the central bank will treat as offshore accounts. Banks in the zone must apply ...

  3. Comment - Insight & Opinion

    MH17 downing underscores world's dilemma of how to deal with Putin

    Posted Jul 22nd 2014, 04:47pm by Paul Letters

    ... circumspect, or it may reflect the fact that business with Moscow is booming: Russia is the Netherlands' third-largest trade partner. Rutte did, however, say that he would personally ensure ... is not a major trade partner for Australia. Straight off the bat last weekend, before US Secretary of State John Kerry provided any detail to begin to back up his accusations, Malaysia's New Sunday ...

  4. News - China - SINO-US RELATIONS

    China hits out anew at US bill on Taiwan arms sales, Diaoyus

    Posted Dec 24th 2012, 12:00am by BLOOM

    ... The amendment calling for the sale of advanced fighter jets to Taiwan broke previous pledges made by the US to phase out arms sales to the island, it added. ...

  5. Business - Banking & Finance - BANKING

    Banks rush to open branches before Shanghai free-trade zone anniversary

    Posted Jul 08th 2014, 01:54am by George Chen

    ... George Chen george.chen@scmp.com More branches, including first privately owned bank, set to open in Shanghai free-trade zone Lenders rush in before FTZ's first anniversary The Shanghai free-trade zone, the mainland's first such economic experiment modelled on Hong Kong's free port system, is set to see a wave of new bank openings before its first anniversary, ...

  6. Monex redefines online trading with global, multimarket access

    Posted Jul 08th 2014, 03:46pm by Reports by Stacey Johnson, Christina Liedke and Jessica Ryan

    ... Reports by Stacey Johnson, Christina Liedke and Jessica Ryan A trailblazer in online trading- from creating the original night-time trading platform to providing the first 100-currency-denominated World Bank Notes- Monex Group is now paving the way for seamless global, multimarket trading. "In much the same way as online trading has enabled even the smallest retail investor ...

  7. Property - Hong Kong & China - CONCRETE ANALYSIS

    Tax-break proposals would give Hong Kong reits a shot in the arm

    Posted Jan 15th 2014, 05:33am by ADA CHOI

    ... Ada Choi Tax-break proposals could help city give Singapore and Tokyo a run for their money Plan offers reits a shot in the arm If implemented, changes to regulations governing real estate ... encourage landlords to inject quality assets into H-reits, which to date has been a major factor limiting the market. Pricing of H-reits is also a major hurdle. With most H-reits trading below net ...

  8. News - Hong Kong

    Unconscious driver pulled from truck crushed by tumbling shipping containers

    Posted Jul 22nd 2014, 01:53pm

    ... Clifford Lo clifford.lo@scmp.com Driver suffered broken arms and legs when five containers fell to the ground at Kwai Chung terminal, one landing on his truck A truck driver who ... was put into an ambulance shortly after 2pm and taken to nearby Princess Margaret Hospital, police said. He suffered fractures to his legs and arms. Fire engines and an ambulance were called ...

  9. News - Hong Kong - SMUGGLING

    Customs seize HK$2.7m weapons haul bound for India

    Posted Jan 07th 2013, 12:00am by Phila Siu, Jennifer Ngo

    ... Phila Siu and Jennifer Ngo HK$2.7m haul of weaponsfrom boat Customs officers have seized a stash of weapons and suspected fake items worth HK$2.7 million bound for India from a vessel entering Hong Kong from the mainland. A department spokesman said that ...

  10. Business - Economy

    Shanghai plans free-trade zone tax incentive to encourage private equity

    Posted Jul 08th 2014, 01:54am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Shanghai tax incentive to benefit private equity Shanghai's free-trade zone plans to roll out a tax incentive to encourage outbound investment by private equity funds. Dai Haibo, an executive deputy director of the zone's administrative committee, said yesterday that the rule would be drawn up at the end of this year as part ...




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