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  • October 26, 2014
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  1. Banks lose shine among local business students

    Posted Jun 28th 2012, 12:00am

    ... of China slipped from eighth to 16th, Hang Seng Bank from 11th to 20th, and Deutsche Bank 20th to 30th. But accountancy firms like PricewaterhouseCoopers and Deloitte rose slightly in ranking. ...

  2. HSBC may boost region's workforce 5pc despite cuts

    Posted Feb 29th 2012, 12:00am

    ... did particularly well. In China, pretax profit soared 228 per cent to US$706 million, while in India it rose 20 per cent to US$813 million. The other star performers were Indonesia, Malaysia, ...

  3. Diary

    Posted Feb 13th 2004, 12:00am by Staff Reporter

    ... Today, HK: The Productivity Council offers: 'Who Moved My Cheese [Change Management] Training'. Call 2788 6015 for details. The director-general of InvestHK, Mike Rowse, will officiate at the opening ceremony of EMC Corp's regional headquarters, at the Conrad hotel. Monday, Feb 16, HK: The Productivity Council instructs on the 'Professional Certificate ...

  4. China streamlines voluntary pension scheme

    Posted Apr 06th 2004, 12:00am by Staff Reporter

    ... Bei Hu New rule paves the way for annuities to be invested in stocks A new labour ministry regulation will bring China's supplementary pension account management closer to international standards, instilling order into a promising but, until now, under-regulated market. The rule is seen as a precursor to an investment regulation that will channel more of China ...

  5. Late investment better than none

    Posted Oct 12th 2011, 12:00am

    ... 'unfortunate' past investment decisions. 'People reaching an age where they are beginning to think about retirement, but without the financial means to support it are far from being isolated ... to consider currency variations and possible tax exposure. He advises seeking professional assistance to ensure tax exposure does not obstruct investment returns. According to Neilson, another ...

  6. China weighs reverse mortgages

    Posted Dec 08th 2003, 12:00am by Elaine Chan

    ... Elaine Chan Elderly citizens could soon receive increased incomes under the scheme China is studying plans to introduce reverse mortgages to help elderly citizens increase their incomes as the country grapples with a growing deficit in its pension fund that has resulted in a failure to pay retired workers properly. China National Real Estate Development Group Corp said a special ...

  7. Low wages help region maintain its edge

    Posted Dec 08th 2003, 12:00am by Toh Han Shih

    ... left behind, even though workers' salaries in the Pearl River Delta are rising in absolute terms. Guangzhou and Shenzhen, for example, boast the highest average salaries in China. But as Ms Chan points out in A Race to the Bottom- Globalisation and China's Labour Standards, their minimum wages have not kept pace with the general betterment. In 1993, Shenzhen's ...

  8. Pension consultant has his eye on China market

    Posted Jul 24th 2003, 12:00am by Enoch Yiu

    ... particularly in investment and foreign exchange controls. In China, pension funds are still mainly invested by local government departments. These funds are not allowed to invest in overseas markets ... investment funds. This may gradually help solve the pension problems in China. Q. Do you think foreign pension fund managers will soon be able to break into the China market? A. We should see ...

  9. Blame the bottom line, not a bronze lion

    Posted Sep 13th 2011, 12:00am

    ... but they have grilled Gulliver over why the share price has been lower than its peers in the past decade. A disgruntled lady, who has invested her pension of HK$1.4 million to buy HSBC shares at its peak of HK$140, complained at the bank's annual general meeting that her investment had fallen by half. The shares closed at HK$64.95 last Friday, 20 per cent lower than the time when ...

  10. HSBC to axe 3,000 Hong Kong jobs

    Posted Sep 08th 2011, 12:00am

    ... 'When we talk about 3,000 job cuts, it's not in net reduction,' said Wong, adding that the bank would continue to hire on the front-end and invest for growth. Louis Tse Ming-kwong, ... by approximately 3,500, or 5.4 per cent. The bank said in the August statement that 'in Hong Kong, business is as usual, and we are not expecting drastic cuts here but will continue to invest in our ...




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