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  • August 22, 2014
  • Last updated: 9:05pm
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  1. News - Hong Kong - COURTS

    'Exploited' fugitive admits laundering millions, 13 years after he fled to Canada

    Posted Aug 05th 2014, 04:29am by CHRIS LAU

    ... Chris Lau chris.lau@scmp.com 'Exploited' fugitive admits laundering millions A fugitive who, more than 13 years ago, laundered millions of Hong Kong dollars that had been ... report revealed that they embezzled billions of dollars from the state-owned bank. The three fled to Canada days after they were exposed and later moved to the US. Kwong, a Canadian passport ...

  2. News - Asia - INDONESIA

    Susilo Bambang Yudhoyono calls Islamic State 'embarrassing'

    Posted Aug 21st 2014, 11:17pm by AFP

    ... was appalling. "It is shocking. It is becoming out of control," he said in an interview with The Australian newspaper, a day after the group released a video showing a masked militant beheading ... this idea." Neighbouring Australia has also seen up to 150 of its nationals join the militants, with the photo of an Australian boy holding a severed head in Syria last week sparking condemnation. ...

  3. Business - Economy

    Australian PM Abbott urges G20 to step up measures to meet growth targets

    Posted Jul 18th 2014, 02:57am by Reuters

    ... G20 to meet growth targets The Group of 20 advanced and emerging countries has not enacted the policies needed to reach its growth targets, Australian Prime Minister Tony Abbott said, casting ... quality," he said at the opening of the B20 summit. Australian Treasurer Joe Hockey previously chided the group for its progress in meeting economic growth targets, calling ...

  4. Business - Money - DEBT

    China's Huarong sells dollar bonds as borrowing costs plummet

    Posted Jul 10th 2014, 04:55am by Bloomberg

    ... Bloomberg in Singapore Mainland bad-loan managers raising funds as borrowing rates fall to more than 16-month low Huarong markets dollar bonds as costs plummet China Huarong Asset Management, one of the mainland's four bad-loan managers, is marketing US dollar bonds as souring debts surge and borrowing costs fall to a more than 16-month low. A unit of the Beijing-based ...

  5. News - Asia - AUSTRALIA

    Australian parliament repeals carbon tax, emissions trading scheme

    Posted Jul 17th 2014, 11:18am by Reuters in Sydney

    ... Reuters in Sydney Australia on Thursday became the first country in the world to scrap a carbon tax as the upper house of the legislature also discarded plans for a trading scheme based on emissions The Australian Senate voted on Thursday to scrap the country’s carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves ...

  6. News - Asia - DIPLOMACY

    Pact set to restore Canberra-Jakarta ties after damaging spy row

    Posted Aug 19th 2014, 10:39pm by AFP

    ... to put a damaging spy row behind them, paving the way for the resumption of full defence cooperation, Australian Foreign Minister Julie Bishop said yesterday. Ties sank to their lowest point in years in November after reports that Australian spies tried to tap the phones of Indonesia's outgoing President Susilo Bambang Yudhoyono and his inner circle. Jakarta recalled its ...

  7. News - World - NIGERIA

    Nigerian man arrested over Australian woman's death in online dating scam

    Posted Feb 04th 2014, 09:27pm by AFP

    ... of thousands of dollars to Nigeria during her four-year "romance" with a man known as "Jesse", according to Australian media. The 67-year-old woman was said to have met him ... Agence France-Presse in Abuja Man arrested over online dating death Nigerian police said they had arrested a 28-year-old man wanted in connection with the death of an Australian woman ...

  8. News - Asia - THAILAND

    Four couples barred from taking surrogate babies home from Thailand

    Posted Aug 15th 2014, 11:17pm by AP

    ... to surrogate mothers as part of a government crackdown on the burgeoning commercial surrogacy industry, an Australian broadcaster reported yesterday. The move follows publicity over a Thai surrogate mother who said she was left with a baby rejected by his Australian biological parents after he was born with Down's syndrome. The biological parents, who took the boy's healthy twin ...

  9. Comment - Insight & Opinion - WHO SAID IT?

    Who said it?

    Posted Aug 19th 2014, 05:17am by STAFF

    ... They pose a risk … because they've been radicalised, militarised and brutalised Australian Prime Minister Tony Abbott on the risk from jihadist fighters when they return home   They tend to chicken out on anything with a bit of controversy now Labour Party legislator Lee Cheuk-yan on why the government may not adopt a universal pension scheme   If you do not want ...

  10. News - Asia - AUSTRALIA

    Survivors of Australian bush fire win HK$3.6 billion in class action settlement

    Posted Jul 15th 2014, 11:13pm by AP

    ... Associated Press in Sydney Survivors of Australian bush fire win US$470m Survivors of one of Australia's deadliest bush fires are to be awarded nearly A$500 million (HK$3.6 billion) in a class action settlement reached yesterday, the largest such compensation in the nation's history. The fire, which killed 119 people, was the biggest in a series of blazes that tore through ...




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