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  • November 26, 2014
  • Last updated: 10:55am
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  1. Subcommittee to consider inquiry's impact on banks

    Posted Nov 14th 2008, 12:00am by Joyce Man

    ... Joyce Man Legislators must weigh up public interest against the potential impact on banks when considering whether to make the Legco investigation into the Lehman minibonds debacle open to the public, chairman of the subcommittee on the issue Raymond Ho C ...

  2. Home sales stagnant as market waits for details of latest incentives

    Posted Oct 24th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Home sales on the mainland have not shown a major improvement even though the central government released new measures at the weekend to spur sales. 'We received more inquiries about our projects yesterday, but there is no change in sales, ...

  3. Workers seek help as restaurants close

    Posted Oct 24th 2008, 12:00am by Agnes Lam, Danny Mok

    ... Danny Mok and Agnes Lam More than 110 workers from three restaurants that had shut their doors went to the Labour Department yesterday for assistance. The department said it had received 57 cases from San Hei Seafood Restaurant. Workers from the To Kwa Wa ...

  4. Diamonds lose shine as couples cut spending

    Posted Oct 21st 2008, 12:00am by Staff Reporter

    ... Jasmine Wang De Beers, the world's biggest diamond producer, coined the slogan voted the catchiest of the 20th century- 'A diamond is forever'- and hoped that once the message caught on, when a diamond had been bought it would never be reso ...

  5. CIC bullish on recovery of US$5.4b investment

    Posted Oct 16th 2008, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai The mainland's sovereign wealth fund says it should not book a loss from its investment in a money-market fund in the United States and that it is in contact with the US Securities and Exchange Commission to resolve the matter. ...

  6. Regulators accused of ignoring warning

    Posted Oct 11th 2008, 12:00am by Ambrose Leung

    ... Ambrose Leung and Maria Chan Alarm raised five years ago about complex derivatives, but 'nobody seemed to care' A stock exchange research report five years ago warned of the lack of oversight of the sale of complex derivatives to small investors ...

  7. Beijing calls for calm, promises to support HK

    Posted Sep 26th 2008, 12:00am by Ambrose Leung, Colleen Lee, Dennis Eng

    ... Dennis Eng, Ambrose Leung and Colleen Lee City's financial sector 'guaranteed' The central government 'will guarantee no problems will arise' in Hong Kong's financial sector, despite Wednesday's citywide bank run, a top ...

  8. Biggest takeover plan on mainland, by Coca-Cola

    Posted Sep 04th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Coca-Cola yesterday offered to buy China Huiyuan Juice Group, the mainland's top pure juice maker, for HK$19.65 billion in what would be the biggest corporate takeover on the mainland, though the deal faces regulatory uncertainty. The wo ...

  9. Business - Companies

    Railway in deadly Quebec explosion files for bankruptcy

    Posted Aug 08th 2013, 10:47am by Reuters

    ... Reuters in Ottawa and Wilmington, Delaware The railway whose runaway train killed 47 people in Lac-Megantic, Quebec, last month filed for bankruptcy protection in Canada and the United States on Wednesday as it faces mounting pressure from authorities to pay for the disaster cleanup. Montreal, Maine & Atlantic Ltd (MMA) filed for bankruptcy in both countries to preserve ...

  10. Business - Companies

    Railway in Quebec disaster gets Canada bankruptcy protection

    Posted Aug 09th 2013, 01:53pm by Reuters

    ... Reuters in Montreal and Bangor, Maine The US railway whose runaway train killed 47 people in a tiny Quebec town last month was granted bankruptcy protection from a Canadian court ... Castonguay told the courtroom after approving the bankruptcy protection for MMA’s Canadian unit. Also on Thursday, a US federal judge in Maine ordered the appointment of a federal trustee to oversee ...




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