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  • September 17, 2014
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  1. Business - Money - TECHNOLOGY

    Online financial advisers gain investor favour

    Posted Sep 16th 2014, 03:23am by WASHPOST

    ... investment management services such as ING and Allied Bank, where he would have sought counsel from professional financial advisers. But many of his friends were using software applications- often ... Dalsimer eventually signed up for Betterment, an online financial advisory service based in New York. He said the system was easier than working with a traditional human adviser. He checks ...

    http://www.scmp.com/business/money/markets-investing/article/1593307/online-financial-advisers-gain-investor-favour
  2. Business

    Awards raise standards for Hong Kong's financial planning sector

    Posted Sep 03rd 2014, 01:33am by John Cremer

    ... in-depth financial know-how, the qualities needed for success in the sector include drive, determination, self-discipline and a sense of service. To this end, Prudential invests significant ... celebrity status, the hard work and contributions of many important members of the community may not always get the attention they deserve. "In many ways, for instance, financial consultants ...

    http://www.scmp.com/business/article/1584071/awards-raise-standards-hong-kongs-financial-planning-sector
  3. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Mainland's largest listed internet company pledges to work with central bank to ensure online financial services are better regulated Tencent backs push ... for the mainland's nascent internet financial services market and help it expand. The conciliatory and pragmatic approach taken by Tencent over recent efforts by the People's Bank of China to strictly ...

    http://www.scmp.com/business/companies/article/1452515/tencents-q4-net-income-129-cent-slowest-growth-early-2012
  4. Business - Comment - THE VIEW

    Fatca regime may have unintended consequences for financial system

    Posted Aug 04th 2014, 03:40am by Peter Guy

    ... will be driven underground to seek shadow banking services. Fatca is controversial because it dramatically shifts the burden of disclosure from the American person to their banks. Foreign financial institutions are now more than just tax bounty hunters for the US Internal Revenue Service (IRS), but pawns in an historical power play for control over the global financial system. Government agencies ...

    http://www.scmp.com/business/article/1565727/fatca-regime-may-have-unintended-consequences-financial-system
  5. Business - Banking & Finance

    Optimism rises in British financial services industry as business volumes, profits grow

    Posted Jan 20th 2014, 03:49pm by Reuters

    ... Reuters in London Britain’s financial services industry is beginning to feel the benefits of economic recovery, as firms report growth in profits, business volumes and optimism ... CBI/PwC financial services survey showed on Monday. The positive balance of 68 per cent was the highest since the survey began in 1989. The survey is based on the balance of firms reporting ...

    http://www.scmp.com/business/banking-finance/article/1409679/optimism-rises-british-financial-services-industry-business
  6. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of China Oilfield Services (COSL), the nation’s dominant offshore oil and gas drilling services provider, rose 8.5 per cent on Wednesday after it posted ... expected to be relatively stable in the second half of the year, given it had signed almost all of this year’s contracts. Chief financial officer Li Feilong said deep-water operation accounted ...

    http://www.scmp.com/business/china-business/article/1581056/drilling-divisions-326pc-jump-profit-boosts-china-oilfield
  7. Comment - Insight & Opinion

    A loaf of bread’s well-serviced journey

    Posted Aug 20th 2014, 12:10pm by PATRICK LOW

    ... bundle of producer services including telecommunications, transport, distribution, financial and business services. The technology-driven shrinkage of distance and time across the globe has also ... Patrick Low Inputs at 30 stages make up the services chain that lands it on the shelves, highlighting the role of a sector that turns the economic wheels Grainy view of services clearer ...

    http://www.scmp.com/comment/insight-opinion/article/1577631/loaf-breads-well-serviced-journey
  8. Business - China Business - TELECOMMUNICATIONS

    Unicom sets up financial services operation

    Posted Dec 07th 2013, 03:59am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com China Unicom sets up financial services operation China Unicom, operator of the mainland's second-largest wireless network, has established a financial ... Unicom said the new venture, which will have a registered capital of three billion yuan (HK$3.79 billion), was set up to provide financial services to the company and its subsidiaries. China ...

    http://www.scmp.com/business/china-business/article/1374862/unicom-sets-financial-services-operation
  9. Business - Companies - TENCENT

    No longer just for chatting, WeChat will soon become a financial service platform

    Posted Dec 02nd 2013, 07:50pm by Jeremy Blum

    ... messaging app, but the Tencent-owned service will soon expand its reach beyond the realm of smartphone communication to become a financial service platform. A savings investment system ... such as Paypal. Chinese internet mainstays Biadu and Alibaba also have financial service platforms, respectively named Baifa and Yuebao, but neither command the 300 million active users that WeChat ...

    http://www.scmp.com/business/companies/article/1371208/no-longer-just-chatting-wechat-will-soon-become-financial-service
  10. Business - China Business - INTERNET

    Chinese head for online banking services as Weibo users shrink

    Posted Jul 23rd 2014, 01:33am by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Online banking surge clouded by risks on mainland The number of online financial services users on the mainland jumped 56.4 per cent to 292 million ... and payments services have boomed in the last year, with Alibaba's Yu E Bao savings product drawing attention from financial regulators after the online fund snagged HK$642 billion in deposits ...

    http://www.scmp.com/business/china-business/article/1557339/chinese-head-online-banking-services-weibo-users-shrink

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