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  • April 16, 2014
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  1. News - World - MIDDLE EAST

    Hamas executes two Palestinians convicted of spying for Israel

    Posted Jun 22nd 2013, 08:31pm by Reuters in Gaza, West Bank

    ... Reuters in Gaza, West Bank Hamas leaders said they had hanged two Palestinians found guilty of spying for Israel over a decade, making them the first to be executed since the end of a month-long amnesty for informants in April. Sixteen Palestinians have been executed in Gaza for spying since Hamas seized the territory in 2007. Hamas, which rejects any recognition of Israel ...

    http://www.scmp.com/news/world/article/1266770/hamas-executes-two-palestinians-convicted-spying-israel
  2. MIDDLE EAST

    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 ...

    http://www.scmp.com/article/1090044/arafats-remains-said-be-exhumed-tuesday
  3. RHB Banking Group banks on Asean business to boost overseas earnings

    Posted Mar 24th 2014, 12:45pm by Reports by Elaine Deng, Krystin Chu, Stacey Johnson, Khay Inn Poh and Jessica Ryan

    ... Reports by Elaine Deng, Krystin Chu, Stacey Johnson, Khay Inn Poh and Jessica Ryan Malaysia's fourth-largest financial services group, the RHB Banking Group (RHB), is set to become one of Asia's leading multinational financial institutions by 2020. The banking group has grown its asset base from 104.5 billion ringgit (HK$247 billion) in 2008 to 191.1 billion ringgit ...

    http://www.scmp.com/article/1456088/rhb-banking-group-banks-asean-business-boost-overseas-earnings
  4. Business - Banking & Finance - BANKING

    HKMA sees little risk in bank loans to China

    Posted Apr 16th 2014, 01:21am by Jasper Moiseiwitsch

    ... risk seen in loans to mainland Hong Kong Monetary Authority deputy chief executive Arthur Yuen Kwok-hang yesterday addressed concerns about Hong Kong banks' HK$2.6 trillion exposure to mainland borrowers. In a briefing, Yuen's message was that banks' exposure to the mainland is manageable and the authority has taken steps to make sure it stays that way. He said ...

    http://www.scmp.com/business/banking-finance/article/1483278/hkma-sees-little-risk-bank-loans-china
  5. Property - Hong Kong & China - FINANCING

    Developers offer buyers financing to get around banks’ loan-to-value curbs

    Posted Apr 15th 2014, 03:22pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developers are bypassing regulations on how much banks can lend by offering extra loans, which experts warn puts the buyers at risk Buyers lured by second mortgage Hong Kong's biggest developers are skirting around bank restrictions by offering loans to raise the mortgage ceiling up to 85 per cent of a flat's value- which could put buyers ...

    http://www.scmp.com/property/hong-kong-china/article/1482107/developers-offer-buyers-financing-get-around-banks-loan
  6. Business - Banking & Finance - STRATEGY

    Hong Kong yuan business lures non-local banks

    Posted Apr 14th 2014, 05:07am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Instead of taking OCBC's acquisition approach, Industrial Bank first sets up a branch in the city HK yuan business lures outsiders An increasing number of non-local banks are entering the Hong Kong market to grab a slice of the growing yuan-related business. But while some aggressive players have paid billions of dollars to secure a well-established ...

    http://www.scmp.com/business/banking-finance/article/1481464/hong-kong-yuan-business-lures-non-local-banks
  7. Business - Banking & Finance - LENDING

    Taiwan banks put clamps on loans to mainland China firms

    Posted Apr 14th 2014, 05:07am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Taiwan banks put clamps on loans to mainland firms Taiwanese banks are shutting off lending to mainland firms. Offshore loans to mainland firms in the first quarter was just 15 per cent of the sums lent in the previous quarter, according to Thomson Reuters Loan Pricing Corp. The banks' sudden departure from the market ...

    http://www.scmp.com/business/banking-finance/article/1481455/taiwan-banks-put-clamps-loans-mainland-china-firms
  8. News - Hong Kong - MONEY LAUNDERING

    No pressure to avoid going after banks for money laundering: police

    Posted Apr 14th 2014, 06:21am by SAMUEL CHAN, Toh Han Shih

    ... Samuel Chan and Toh Han Shih Investigators deny facing pressure to focus on low-level 'stooges' rather than major players We are free to go after banks, say police The police are not under pressure to avoid going after major banks and masterminds when investigating suspected money laundering, the head of the narcotics bureau's financial investigations division says. ...

    http://www.scmp.com/news/hong-kong/article/1481065/no-pressure-avoid-going-after-banks-money-laundering-police
  9. News - Hong Kong

    Three jailed over HK$90b bogus bank documents

    Posted Apr 12th 2014, 05:13am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Trio caught during police checks on the HKMEx showed no remorse, says judge Three jailed for HK$90b bogus bank documents Three mainlanders caught with bogus bank documents purportedly worth more than HK$90 billion during police checks on the Hong Kong Mercantile Exchange (HKMEx) have been jailed for between 2-1/2 and three years. Dai Linyi, 55, ...

    http://www.scmp.com/news/hong-kong/article/1476741/three-jailed-over-hk90b-bogus-bank-documents
  10. Business - Banking & Finance

    Korean bank head signals rate hike

    Posted Apr 11th 2014, 12:59am by Reuters

    ... Reuters in Seoul Korean bank head signals rate hike South Korea's new central bank chief had a strong policy debut yesterday, sending plain signals supporting the market's view of an interest rate hike coming late this year and delivering on a promise to communicate more clearly than his predecessor. The Bank of Korea's monetary policy committee kept the policy rate ...

    http://www.scmp.com/business/banking-finance/article/1474704/korean-bank-head-signals-rate-hike

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