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  • November 1, 2014
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    Arafat’s remains said to be exhumed on Tuesday

    Posted Nov 24th 2012, 08:39pm by Associated Press in Ramallah, West Bank

    ... Associated Press in Ramallah, West Bank The remains of former Palestinian leader Yasser Arafat will be exhumed on Tuesday as part of a renewed investigation into his death, a Palestinian ... tomb in Arafat’s former government headquarters in the West Bank city of Ramallah. The Palestinian Authority, the self-rule government in the West Bank, had hesitated before agreeing to exhume ...

  2. Business - Banking & Finance - BANKING

    Higher bad-loan rates tipped for Bank of China and Agricultural Bank

    Posted Oct 30th 2014, 01:00pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Average non-performing loan ratio among five biggest mainland banks increases to 1.14pc in third quarter with trend to continue into 2015 Central bank warns of risk from rising bad debt levels Bad debt at the mainland's biggest banks continued to climb in the third quarter, sparking a warning on mounting risk and potential corporate ...

  3. Business - Banking & Finance - BANKING

    China's shadow banking market third-largest in the world

    Posted Nov 01st 2014, 05:21am by Victoria Ruan

    ... Shadow banking swells to put China in No 3 spot China's shadow banking sector expanded rapidly last year to become the world's third-largest after the United States and Britain, according to an annual report issued by the Financial Stability Board yesterday. "Among emerging markets, the size and rapid growth of shadow banking in China warrants particular ...

  4. Business - Money - MARKETS

    Bank of Japan's surprise stimulus summons bullish Halloween spirits

    Posted Nov 01st 2014, 04:28am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Central bank sets off market rally with surprise announcement of more monetary stimulus Japan summons bullish Halloween spirits Japan ignited a Halloween rally ... this month into a dim memory. Bank of Japan (BOJ) Governor Haruhiko Kuroda portrayed the decision as a pre-emptive strike to keep policy on track, rather than an admission his plan to reflate ...

  5. Business - Banking & Finance - BANKING

    China, Hong Kong committed to global alliance to end banking secrecy

    Posted Oct 30th 2014, 11:03pm by AFP

    ... Agence France-Presse in Berlin More than 80 countries will exchange information in battle against fraud Global alliance aims to end banking secrecy China is among more than 80 countries committed to signing a deal that could help end banking secrecy. Hong Kong has also pledged to join. Its sponsors hope the pact will be a major step in the global battle against tax evasion ...

  6. Business - Economy - POLITICS

    World Bank says Occupy protests fail to impact Hong Kong's business climate

    Posted Oct 29th 2014, 04:59pm by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com 'Occupy hasn't hit business climate' The Occupy protests have not affected Hong Kong's business climate, says the World Bank Group, ... on the overall business confidence," said Wendy Werner, manager for trade and competitiveness at the World Bank Group, which publishes the annual Doing Business report measuring the regulatory ...

  7. Business - Banking & Finance - CHINA

    Mainland banks' bad loans on the rise

    Posted Oct 30th 2014, 06:26am by Reuters

    ... Reuters Mainland banks' bad loans on the rise Two of the mainland's biggest banks reported sharply rising bad loans for the third quarter yesterday, with one adding that a credit crunch squeezing small companies in export-oriented eastern provinces might be spreading westwards. Bank of Communications and Industrial and Commercial Bank of China (ICBC), the mainland's ...

  8. Business - Banking & Finance - MACROSCOPE

    Banking sector showcases divide in US, Europe handling of 2008 crisis

    Posted Oct 30th 2014, 09:40am by NICHOLAS SPIRO

    ... Nicholas Spiro America's measures during the financial crisis helped to clean up its lenders, but Europe isstill behind the curve in the banking world Euro zone's banking stress ... no further than the banking sector. While US policymakers' overriding priority was to restore confidence in the country's banks, their European counterparts were more concerned about ...

  9. Business - Banking & Finance - EQUITIES

    Citic Bank aims to raise 11.9b yuan in share placement to tobacco firm

    Posted Oct 30th 2014, 09:55am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com State lender plans to place up to 2.46 billion A shares to raise funds to boost core tier-1 capital China Citic Bank plans to raise up to 11.92 billion yuan (HK$15 billion) in a private placement of A shares to China National Tobacco Corp. The state-owned bank plans to place up to 2.46 billion A shares at 4.84 yuan per share, the dual-listed ...

  10. News - Asia - INDIA

    India gives court names of 627 with HSBC Swiss bank accounts in tax probe

    Posted Oct 29th 2014, 09:38pm by AP

    ... of more than 600 Indians with foreign HSBC bank accounts to the Supreme Court after public outrage over rampant tax evasion. The court, which ordered the government to release the list, has given ... branch of HSBC- information that was disclosed in 2011 by an employee of the bank and passed to India but not acted on by the previous government. The Central Bureau of Investigation, ...




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