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  • August 27, 2014
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  1. Unity key issue at BRICS summit

    Posted Mar 27th 2012, 12:00am

    ... financial institutions to enhance the representation of emerging markets. BRICS leaders are expected to discuss candidates for World Bank president to succeed American Robert Zoellick. The post has ... Teddy Ng teddy.ng@scmp.com The five so-called BRICS countries are expected to show the international community at a summit in New Delhi this week that they are united in pressing ...

  2. When a nation's borrowing goes bad

    Posted Oct 04th 2011, 12:00am

    ... cases, it becomes justifiable for the current government to not pay that debt. According to the Centre for International Sustainable Development Law, to qualify as an odious debt, a national debt ... In 1917, Federico Tinoco overthrew the government of Costa Rica and became the Central American nation's ruler. In the summer of 1919, the Tinoco government borrowed money from the Royal Bank ...

  3. Comment - Insight & Opinion

    The limits of central banking

    Posted Aug 18th 2012, 12:00am by Andrew Sheng

    ... then International Monetary Fund chief economist Raghuram Rajan asked the question "Has financial development made the world riskier?" and was famously dismissed by the august central banking ... Andrew Sheng Andrew Sheng says an overreaching monetary policy only delays the inevitable and dents banks' credibility While politicians fiddle, central bankers seem only to be adding ...

  4. Chongqing rural bank's shares slide further 6.6pc

    Posted Apr 18th 2012, 12:00am

    ... by property development and government-funded infrastructure projects. Major global banks including Credit Suisse have expressed concern that the bank's credit activities could further slow down ... May Chan may.chan@scmp.com Reeling from the city's anti-graft investigations, Chongqing Rural Commercial Bank stocks continued to slide yesterday, closing down 6.6 per cent ...

  5. Loans system revamp boosted amid lack of trust

    Posted Jul 31st 2012, 12:00am

    ... system- currently headed by the central bank and the nation's top planning agency- would be expanded to include members of 33 other party organs, central ministries and agencies. ... Policy Centre at the Shanghai University of Finances and Economics, said: 'The development reflects the fact that there is fast-decaying social morality and an overwhelming worry by top ...

  6. Talking points

    Posted Aug 11th 2012, 12:00am

    ... Our editors will be looking ahead today to these developing stories... Microlending pioneer attends HK forum Muhammad Yunus (left), the Bangladeshi banker who won the 2006 Nobel Peace Prize for his microlending schemes for the poor, visits Hong Kong this weekend. Yunus will attend a forum on how to use banking to help alleviate poverty. Since winning the prize with his ...

  7. A global financial voice for China

    Posted Apr 14th 2007, 12:00am by Kevin Rafferty

    ... in this case is the relationship between World Bank president Paul Wolfowitz and a bank communications adviser, Shaha Riza. It is touching that he, an American Jew and the leading hawk squawking for US President George W. Bush's decision to topple Saddam Hussein, should fall in love with her, an Arab feminist. When Dr Wolfowitz was controversially appointed as World Bank president in 2005, he ...

  8. News - World - POLITICS

    French, Dutch far-right leaders to discuss European alliance

    Posted Nov 13th 2013, 06:51pm by Agence France-Presse in The Hague

    ... immigration to protectionism, but Wilders reportedly wanted to keep his distance because of the antisemitism of Le Pen’s father, FN founder Jean-Marie Le Pen. Le Pen in turn is banking on Wilders’s ...

  9. China and Russia to deepen ties on key issues

    Posted Jun 06th 2012, 12:00am

    ... President Hu Jintao and Putin, on his first Asian trip since his re-election, signed a declaration pledging to further develop both nations' strategic partnership. They also pledged to deepen ... support, co-operation and our long-term friendship. We will strengthen strategic co-ordination in international issues, better promoting the development of both countries and stability ...

  10. Legco agrees to set development strategy

    Posted Jun 08th 2006, 12:00am by Dennis Eng

    ... Dennis Eng A motion by lawmaker Raymond Ho Chung-tai calling on the government to set out a strategy for Hong Kong's long-term economic development, including cross-border ... for the Betterment and Progress of Hong Kong. Mr Lam stressed the importance of fostering closer links with the mainland, particularly in the areas of 'industry development, resource utilisation ...




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