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  1. Australia seeks direct yuan conversion, a threat to US dollar's dominance

    Posted Jul 12th 2012, 12:00am

    ... George Chen george.chen@scmp.com Australia plans to work with China to allow direct conversion between the Australian dollar and the yuan, which would make it the third country to have such a bilateral currency arrangement. The move is designed to help the Sino-Australian commodities trade and would pose a fresh challenge to the world dominance of the US dollar. It comes just two weeks ...

    http://www.scmp.com/article/1006513/australia-seeks-direct-yuan-conversion-threat-us-dollars-dominance
  2. Business - Banking & Finance - BANKING

    BOC beefs up in push for larger share of debt market

    Posted Jul 17th 2014, 01:22am by BLOOM

    ... and cement its position as one of Asia's top 10 debt underwriters. Surging sales of Chinese corporate US dollar debt and dim sum bonds justified the additional headcount, said Tony Wang, ... for more than half of the equivalent of US$106.4 billion of notes denominated in dollars, euro or yen that were sold by Asia issuers in the first half of this year. In the high-yield dollar debt ...

    http://www.scmp.com/business/banking-finance/article/1555493/boc-beefs-push-larger-share-debt-market
  3. Banks home in on Hong Kong dollar bonds

    Posted Jul 01st 2007, 12:00am by Nevin Nie

    ... Lenders expanding on the mainland need the funding, while European and Australian units like the liquidity here, writes Nevin Nie The Hong Kong bond market, Asia's second-biggest after Japan, is attracting more local banks and has just ushered in a new era of yuan-denominated bonds, but deal flows are still mainly supported by European and Australian banks ...

    http://www.scmp.com/article/598912/banks-home-hong-kong-dollar-bonds
  4. Powerlong, Ausnutria IPOs may raise HK$7.4b

    Posted Sep 22nd 2009, 12:00am by Amanda Lee, Peggy Sito

    ... in a move to gain recurrent income. It has 17 projects with a total land bank of 7.8 million square metres. Ausnutria Dairy, a Sino-Australian joint venture that imports and distributes its own ...

    http://www.scmp.com/article/693257/powerlong-ausnutria-ipos-may-raise-hk74b
  5. Business - Economy - CURRENCIES

    China and UK in talks over London yuan clearing bank

    Posted Feb 20th 2014, 11:16am by Jeanny Yu

    ... and Singapore, to have a yuan clearing bank- an authorised intermediary for the exchange of the Chinese currency against US dollars or euros between banks on the mainland and offshore participating ...

    http://www.scmp.com/business/economy/article/1431603/china-and-uk-talks-over-london-yuan-clearing-bank
  6. Making sense of historic dollars

    Posted Apr 12th 2012, 12:00am

    ... Corporation), began issuing Hong Kong dollar banknotes. Later, the Hong Kong government began ordering coins in denominations of 10 cents and below from Britain in 1863. Three years later, the Hong Kong ... When the British trade dollar (a legal tender of Hong Kong since 1895) was abolished in 1937, Hong Kong's coinage was standardised and issued exclusively by the Hong Kong government. ...

    http://www.scmp.com/article/997989/making-sense-historic-dollars
  7. Yuan deposits set to climb as HK dollar yields fall

    Posted Mar 21st 2008, 12:00am by Staff Reporter

    ... Maria Chan The growth of yuan deposits in Hong Kong banks is likely to double this year after Hong Kong dollar deposit yields dropped to almost zero and as the mainland currency continues to strengthen, possibly by as much as 15 per cent this year, bankers said. The yuan rose to a new high yesterday after the People's Bank of China set the mid-price at 7.0512 to the US dollar ...

    http://www.scmp.com/article/630682/yuan-deposits-set-climb-hk-dollar-yields-fall
  8. News - China

    Quest for justice in Israel suicide bomb death opens web of intrigue

    Posted Nov 02nd 2013, 03:50am by Reuters and staff reporter

    ... leaders and a shadowy terrorist organisation. The lawsuit, filed in US District Court in New York, alleges that officials at the Bank of China transferred millions of US dollars for the terrorist ... documents, 22 members of the al-Shurafa family from Gaza had accounts at a Bank of China branch in Guangdong province. Lawyers say that hundreds of thousands of dollars moved through the accounts ...

    http://www.scmp.com/news/china/article/1345546/quest-justice-israel-suicide-bomb-death-opens-web-intrigue
  9. Alibaba lifts HK dollar to three-year high

    Posted Oct 24th 2007, 12:00am by Nevin Nie, Sherman So

    ... Kong dollar to a three-year high yesterday, as punters piled into the mainland's largest internet initial public offering. 'The company has a well-known brand name and its market ... Kai Securities said they saw huge demand for shares of the mainland's biggest business-to-business website on the first day the offering was opened to the public. The Hong Kong dollar ...

    http://www.scmp.com/article/612801/alibaba-lifts-hk-dollar-three-year-high
  10. Banks face reality- yuan is stronger than the HK dollar

    Posted Jan 05th 2007, 12:00am by Staff Reporter

    ... Maria Chan Your bank is not making a mistake when the teller gives you less than 100 yuan for HK$100- the value of the yuan has surpassed that of the Hong Kong dollar in Hong Kong. ... closed at 7.809 to the US dollar. Foreign exchange dealers expect the yuan to continue climbing and level with the Hong Kong dollar soon. 'It could happen within one to two weeks,' said ...

    http://www.scmp.com/article/577549/banks-face-reality-yuan-stronger-hk-dollar

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