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  1. 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
  2. Business - Banking & Finance

    Bank of Communications hits back at new deposit constraint

    Posted Sep 16th 2014, 03:23am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Mainland bank hits back at new rule Bank of Communications has shot back at a new constraint on bank deposits, calling the rule issued jointly by three mainland regulators an obstacle to growing deposits and saying banks would simply find a way around it. The People's Bank of China, the Ministry of Finance and the China Banking Regulatory ...

    http://www.scmp.com/business/banking-finance/article/1593500/bank-communications-hits-back-new-deposit-constraint
  3. Business - Companies - TECHNOLOGY

    Hua Capital hires Bank of America for OmniVision deal

    Posted Sep 19th 2014, 05:34am by Bloomberg

    ... Bloomberg in New York Private equity firm leads Chinese investors in US$1.7b bid for designer of camera sensor chips Hua signs bank to finance purchase of OmniVision Hua Capital Management, a Beijing-based private equity firm, has hired Bank of America to provide funding for its US$1.7 billion bid for US camera sensor-maker OmniVision Technologies. Bank of America is also ...

    http://www.scmp.com/business/companies/article/1595559/hua-capital-hires-bank-america-omnivision-deal
  4. News - World - Ebola

    Ebola could deal 'catastrophic blow' to hardest hit African economies, World Bank warns

    Posted Sep 18th 2014, 04:59am by AFP

    ... Agence France-Presse in Washington Ebola could devastate economies, bank warns The World Bank warned yesterday that fear of the deadly Ebola virus was choking off economic activity in West ... to the already fragile states," the World Bank said. In the bank's worst case analysis, with only slow containment of the disease, economic growth in Liberia next year could fall by 11.7 ...

    http://www.scmp.com/news/world/article/1595036/ebola-could-deal-catastrophic-blow-hardest-hit-african-economies-world
  5. Business - Economy - CHINA

    World Bank official urges China to be vigilant over rising debt levels

    Posted Sep 18th 2014, 05:57am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com World Bank's chief economist says mainland GDP growth of 7 per cent would be acceptable China urged to be vigilant over debt ... build-up, says World Bank chief economist and senior vice-president Kaushik Basu. Basu's comments come amid calls for Beijing to lower and even cancel its annual growth target starting next ...

    http://www.scmp.com/business/economy/article/1594842/world-bank-official-urges-china-be-vigilant-over-rising-debt-levels
  6. Business - Money

    Market reverses course as China pumps money into banks

    Posted Sep 17th 2014, 12:02pm by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com A report that China’s central bank would inject 500 billion yuan (HK$631 billion) into the nation’s largest banks helped the Hang Seng Index reverse one of its longest losing streaks in recent years. The People’s Bank of China yesterday started channeling the cash to the nation’s five biggest banks for a three-month period, Sina.com ...

    http://www.scmp.com/business/money/markets-investing/article/1594502/market-reverses-course-china-pumps-money-banks
  7. Business - Economy - JAPAN

    Bank of Japan governor Haruhiko Kuroda calls for stable yen

    Posted Sep 17th 2014, 05:39am by Reuters

    ... Reuters in Osaka Kuroda warns that sharp declines in the Japanese currency are hurting profits for domestic companies by raising import costs Bank of Japan governor calls for stable yen Bank of Japan governor Haruhiko Kuroda said a stable yen is crucial for the country's business sector, nodding to complaints from some companies that rising import costs from sharp yen ...

    http://www.scmp.com/business/economy/article/1594215/bank-japan-governor-haruhiko-kuroda-calls-stable-yen
  8. Business - Banking & Finance - BANKING

    Mainland banks’ preferred shares have appeal for analysts

    Posted Sep 15th 2014, 12:06pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Investors likely to dump common shares as Chinese banks offer preferred share haven, though Fitch warns of 'challenging' market Preferred shares appeal to analysts Preferred shares issued by mainland banks look increasingly attractive as the lenders seek to shore up capital at a time of declining performance across the sector, ...

    http://www.scmp.com/business/banking-finance/article/1593012/mainland-banks-preferred-shares-have-appeal-analysts
  9. Business - Money - REGULATION

    Mainland regulators cap end-month bank deposits to limit window-dressing

    Posted Sep 15th 2014, 09:53am by Reuters

    ... Reuters in Shanghai Mainland Chinese regulators have imposed measures to stop banks from collecting large amounts of deposits at the end of a month to flatter their financial position, a practice that traders have said threatens the stability of China’s financial system and markets. Deposits at banks at the end of any given month must not exceed 3 per cent of the average daily ...

    http://www.scmp.com/business/money/markets-investing/article/1592954/mainland-regulators-cap-end-month-bank-deposits
  10. Business - Banking & Finance

    Diners Club sale draws interest from Japanese banks

    Posted Sep 15th 2014, 04:40am by Bloomberg

    ... Bloomberg in Tokyo Banks look at Diners Club sale in Japan Citigroup's Diners Club card brand in Japan is among assets drawing interest from lenders as the bank seeks bids for its ... and Shinsei Bank are among banks preparing to submit preliminary bids, said the people, who asked not to be named. Citigroup is gauging interest in the consumer bank separately or as a package ...

    http://www.scmp.com/business/banking-finance/article/1592717/diners-club-sale-draws-interest-japanese-banks

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