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  • April 24, 2014
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Results 1 - 10 of 55151 for banking

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    Arafat’s remains said to be exhumed on Tuesday

    Posted Nov 24th 2012, 08:39pm by Associated Press in Ramallah, West Bank

    ... Associated Press in Ramallah, West Bank The remains of former Palestinian leader Yasser Arafat will be exhumed on Tuesday as part of a renewed investigation into his death, a Palestinian ... tomb in Arafat’s former government headquarters in the West Bank city of Ramallah. The Palestinian Authority, the self-rule government in the West Bank, had hesitated before agreeing to exhume ...

  2. News - China - BANKING

    Bank of China vice-president resigns after allegations of affairs

    Posted Apr 19th 2014, 01:54pm by Staff Reporter

    ... Staff reporter Bank of China vice-president Wang Yongli resigns after being probed by the party's disciplinary body, which suspends him for unrelated issues Top manager quits despite being cleared of graft A vice-president of China's fourth-largest bank has resigned after he was investigated and subsequently cleared of suspicion of corruption by the Communist ...

  3. News - World - FOOD

    World Bank and UN push the potential of jackfruit as food staple

    Posted Apr 24th 2014, 09:54pm by GDN

    ... substitute for wheat, corn and other staple crops under threat from climate change. The World Bank and UN warned recently that rising temperatures and unpredictable rainfall already had reduced ...

  4. Business - Banking & Finance - DEBT

    Chinese banks warned of growing bad loans

    Posted Apr 24th 2014, 01:15am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Mainland banks warned of growing bad loans China's banking sector was warned bad loans are growing due to overdue borrowings at a time when economic growth is slowing on the mainland, according to an analysis by PricewaterhouseCoopers (PwC). In PwC's analysis, the top 10 listed Chinese banks had a bad-loan balance of 449.4 billion yuan (HK$563.6 ...

  5. Business - Commodities

    HKEx and China Minsheng Banking sign commodity agreement

    Posted Apr 24th 2014, 01:14am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Agreement will let bank promote commodity products to mainland clients HKEx, Minsheng in commodities deal Hong Kong Exchanges and Clearing (HKEx) and the Hong Kong branch of China Minsheng Banking Corp yesterday signed a memorandum of understanding (MOU) which will allow the local bourse to promote its soon-to-be launched commodity products ...

  6. Business - Banking & Finance - FINANCIAL REGULATION

    Senior banking regulator who helped restructure China's trust sector dies

    Posted Apr 23rd 2014, 04:37pm by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Li Jianhua, 49, suffered fatal heart attack A mainland banking regulatory official who led the opening and restructuring of the country’s trust sector died of a heart attack on Wednesday morning, mainland media reported. The China Banking Regulatory Commission confirmed with financial magazine Caixin that Li Jianhua, director of the regulator’s Non-bank ...

  7. Business - Banking & Finance - BANKING

    PBOC cuts reserve ratio for rural banks but analysts sound caution

    Posted Apr 23rd 2014, 12:50am by VICTORIA RUAN AND KANIS LI

    ... Victoria Ruan in Beijing and Kanis Li Ratio cut prompts warning over rise in liquidity The People's Bank of China said it would lower the reserve requirement ratio at county-level rural banks by 200 basis points from Friday, but some analysts cautioned that adding liquidity too fast could cause a rise in financial risks. The targeted fund easing was a small step ...

  8. Business - Banking & Finance - BANKING

    Bank defaults viewed as dark side of deposit vows

    Posted Apr 22nd 2014, 12:46am by BLOOM

    ... Bloomberg in Shanghai Bank defaults viewed as dark side of deposit vows Premier Li Keqiang's plan to introduce deposit insurance is meant to comfort the mainland's savers as bad loans mount. In the bond market, it is fuelling speculation that he is preparing to let some banks collapse. Authorities might tolerate failures of smaller banks once depositor safeguards ...

  9. Business - Money - LISTINGS

    WH Group's excess of IPO banks confuses investors

    Posted Apr 22nd 2014, 12:46am by Reuters

    ... Reuters Fund managers complain pork firm's army of underwriters is sowing confusion in market WH Group's excess of IPO banks distracts investors The world's biggest pork company has deployed 29 banks to market its up to US$5.3 billion Hong Kong initial public offering (IPO) in the hopes of getting a better price for its shares in a volatile market. However, ...

  10. Comment - Insight & Opinion

    China can handle shadow banking threat

    Posted Apr 21st 2014, 03:11am by LOUIS KUIJS

    ... Louis Kuijs Louis Kuijs says economic ills are exaggerated, as is the risk of a crash China has ability to handlethe shadow banking threat Fears that China is heading for a hard economic landing or even a systemic crisis because of problems in its shadow banking sector are exaggerated. The spectacular growth in credit has lifted China's debt-to-GDP ratio to over 200 per cent ...




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