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  • April 19, 2014
  • Last updated: 6:07pm
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  1. Business - Comment - LAI SEE

    So who's responsible for the MTR debacle?

    Posted Apr 17th 2014, 01:01am by Howard Winn

    ... and financial services sector was- would you believe- HSBC. Last but not least is the award for Best Workplace Culture, which went to Hong Kong Disneyland. Colin Chang, manager, front of house staffing ...

  2. Business - Companies - EARNINGS

    Aluminium producer Rusal posts US$3.2b loss

    Posted Mar 29th 2014, 01:13am by Reuters

    ... Reuters Lower prices, charges leave Rusal at a loss Russian aluminium producer Rusal posted a US$3.2 billion loss for last year, hurt by lower prices and restructuring charges, and said it was still in talks to renegotiate part of its debt. The result, which included a US$1.9 billion charge for impairment and one-off restructuring, compared with a US$528 million loss in 2012, ...

  3. Comment - Insight & Opinion

    Xi’s crackdown on corruption won’t lead to a more open society

    Posted Apr 14th 2014, 09:33pm by NORA SAUSMIKAT, Chang Ping

    ... into rural uprisings. He was Jiang's closest ally, helping him to restructure the party into a home for millionaires and other "leading personalities in economy, culture and politics". ...

  4. Comment - Insight & Opinion

    For emerging economies, market discipline matters as much as growth

    Posted Apr 11th 2014, 07:25pm by Andrew Sheng

    ... by an article in the Financial Times debating the restructuring of the bank. The basic reason for restructuring was the cut in resources, necessary because, in 2010 and 2012, the bank made operating ...

  5. Business - China Business

    NDRC investigates use of bond proceeds

    Posted Apr 10th 2014, 01:01am by BLOOM

    ... because financing for affordable housing and shanty-town restructuring will heavily rely on those note sales," said Yang Kun, a credit analyst at brokerage Guotai Junan. The NDRC usually ...

  6. Sport - Golf

    Paula Creamer’s 75-foot putt seals HSBC Champions win

    Posted Mar 02nd 2014, 05:58pm by Associate Press

    ... Associated Press in Singapore 2010 US Women's Open champion could hardly believe her eyes as her shot went in on second play-off hole on a tricky Serapong course American Paula Creamer sank a 75-foot eagle putt on the second play-off hole against Azahara Munoz to win the HSBC Women’s Champions on Sunday for her first LPGA title since the 2010 US Women’s Open. Creamer’s ...

  7. Business - Banking & Finance - THE INTERVIEW

    Sun Hung Kai Financial boss focuses on wealth management and DIY trading

    Posted Apr 18th 2014, 02:15pm by KANIS LI

    ... The veteran banker started at Hang Seng, a subsidiary of HSBC, in 1994 as an assistant general manager and head of the credit card centre. Leung was regarded as a leader in the credit card business ...

  8. Business - Money - INVESTMENT

    Funds returning to Chinese stocks as reforms seen improving prospects

    Posted Apr 09th 2014, 02:49pm by Reuters

    ... in the right direction,” said Bill Maldonado, Asia-Pacific chief investment officer for HSBC Global Asset Management. “What would you call the widening of the currency bands? What would you call the way that that default happened? What would you call the increase in quotas? All these things are clear evidence of reforms,” Maldonado said. HSBC is overweight on China in its regional ...

  9. Business - Banking & Finance - BANKING

    Hong Kong banks vie for edge in yuan deposits with high rates

    Posted Apr 09th 2014, 11:14am by KANIS LI

    ... units this year. The banks include HSBC, DBS, Wing Hang Bank and China Citic Bank International. HSBC is offering one-month deposits at 3.8 per cent per year, the highest among the lenders. ... band. The move slowed the pace of depreciation. Yang said retail investors remained optimistic about the yuan, though some pressure for adjustments would be seen in the near term. HSBC ...

  10. Business - Money

    Chaori Solar shares hit by sell-off on return to trading

    Posted Apr 09th 2014, 01:40am by BLOOM

    ... entered bankruptcy. Chaori Solar said on Friday a bondholder was seeking to force it into a bankruptcy restructuring. The solar-cell maker received a letter on Thursday from Shanghai Yihua Metal ...




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