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  • July 22, 2014
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  1. News - Hong Kong - POLITICS

    Occupy Central a danger to the Hong Kong property market, Barclays Bank warns

    Posted Jul 08th 2014, 11:52pm by Joyce Ng, Jeanny Yu and Ray Chan

    ... Joyce Ng, Jeanny Yu and Ray Chan Barclays Bank says 'shocks' like Central protest could cause a slump from which it will take the city longer to recover than in 2003 and 2008 Occupy 'a danger to property market' "Unexpected shocks" like the planned Occupy Central protest could trigger a property market slump, leading international bank Barclays ...

    http://www.scmp.com/news/hong-kong/article/1549994/occupy-central-danger-property-market-warns-barclays-bank
  2. News - Hong Kong - POLITICS

    Occupy Central 'may hurt Beijing's confidence in Hong Kong as financial centre'

    Posted Jul 21st 2014, 06:21am by NG KANG-CHUNG

    ... the former head of the Monetary Authority warned yesterday. Joseph Yam Chi-kwong, who led the de facto central bank from 1993 to 2009, stopped short of saying state leaders would give up on the city ... which] the operations of the financial sector are affected, the risks will be much higher," said Yam, who is also an adviser to the People's Bank of China. "I hope the [protests ...

    http://www.scmp.com/news/hong-kong/article/1556936/occupy-central-may-hurt-beijings-confidence-hong-kong-financial
  3. News - Hong Kong - POLITICS

    Alleged details of Apple Daily founder Jimmy Lai's political donations leaked

    Posted Jul 22nd 2014, 01:09pm by JEFFIE LAM and joyce ng

    ... In May, a key aide to Lai told the Sydney Morning Herald that HSBC and Standard Chartered had withdrawn advertising from the newspaper under pressure from pro-Beijing officials. The banks said ...

    http://www.scmp.com/news/hong-kong/article/1557159/alleged-details-apple-daily-founder-jimmy-lais-political-donations
  4. News - Hong Kong - POLITICS

    HSBC backtracks on Occupy Central as reason for downgrading Hong Kong’s outlook

    Posted Jul 07th 2014, 11:22pm by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Bank lowers its assessment of stock market prospects over fears about civil disobedience- but Occupy insists impact will be temporary Hong Kong's biggest bank altered a report on why it downgraded the city's stock market prospects, after originally highlighting the risks posed to the city by Occupy Central. The original version ...

    http://www.scmp.com/news/hong-kong/article/1549269/hsbc-downgrades-outlook-hong-kong-economy-partly-occupy-central-fears
  5. News - Hong Kong - POLITICS

    Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

    Posted Jul 07th 2014, 05:43am by Patsy Moy, Emily Tsang

    ... "Unless Mr Tsang believes the banks will close down, I don't see the risks he has raised," said the lawyer, who asked not be named. Another solicitor, who also refused to be named, said ...

    http://www.scmp.com/news/hong-kong/article/1548273/unpaid-property-taxes-piling-law-firms-risk-legco-delays-stamp-duty
  6. News - Hong Kong - POLITICS

    NDRC adds its voice to Occupy Central criticism

    Posted Jul 05th 2014, 03:14am by Kwong Man-ki

    ... centre, while the Ministry of Finance and the People's Bank of China made similar comments. Li said Hong Kong was a society under the rule of law and the NDRC believed the city's ...

    http://www.scmp.com/news/hong-kong/article/1547057/ndrc-adds-its-voice-occupy-central-criticism
  7. News - Hong Kong - POLITICS

    Beijing unmoved by massive rally turnout, say advisers

    Posted Jul 03rd 2014, 03:26am by Gary Cheung, Adrian Wan and Kwong Man-ki

    ... environment," he said. The People's Bank of China said Hong Kong was the largest offshore renminbi market and should value this status. "The [renminbi] business is a good piece of pie. If you don't want to eat, this is your choice," said Guo Jiangwei, of the bank's monetary policy department. The US State Department also weighed in, saying: "The legitimacy ...

    http://www.scmp.com/news/hong-kong/article/1545195/beijing-unmoved-massive-rally-turnout-say-advisers
  8. News - World - POLITICS

    How Bill, and now Hillary, Clinton talked their way from 'dead broke' to rich

    Posted Jul 01st 2014, 11:21pm by WASHPOST

    ... The financial industry has been Clinton's most frequent sponsor. The Post review showed that Wall Street banks and other financial services firms have hired Clinton for at least 102 appearances ... in this profitable line of work, addressing dozens of industry groups, banks and other organisations. Records of her earnings are not publicly available, but her standard fee is US$200,000 up. The speaking ...

    http://www.scmp.com/news/world/article/1544381/how-bill-and-now-hillary-clinton-talked-their-way-dead-broke-rich
  9. News - Hong Kong - POLITICS

    Full text: CY Leung’s 2014 Annual Report

    Posted Jun 24th 2014, 09:49pm

    ... for financial co-operation between the two places. This shows that Hong Kong and Shanghai are more partners than competitors. • As at end-April 2014, reminbi (RMB) deposits and outstanding RMB certificates of deposit totalled RMB 1,169 billion, accounting for about 70% of the offshore pool of RMB liquidity. In the first four months of 2014, RMB trade settlement conducted through Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1539724/full-text-cy-leungs-2014-annual-report
  10. News - Hong Kong - POLITICS

    Beijing says embassy 'never invited' Jimmy Lai to dinner while he was in Myanmar

    Posted Jun 26th 2014, 04:05am by NG KANG-CHUNG

    ... became head of the US-Taiwan Business Council after his stint as head of the World Bank. "When in Yangon, the Chinese embassy reached out twice to invite Mr Lai to a dinner, so the Chinese ... in the George W. Bush administration from 2001 to 2005. He then joined World Bank as president but was forced to resign in 2007 after he was found to have broken bank rules by securing a pay rise ...

    http://www.scmp.com/news/hong-kong/article/1540528/beijing-says-embassy-never-invited-jimmy-lai-dinner-while-he-was

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