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  1. Business - Banking & Finance - REGULATION

    Firms allowed to give yuan loans to overseas units

    Posted Jul 11th 2013, 12:00am by BLOOM

    ... as Beijing seeks to bolster global use of the currency. Companies could now open accounts with local banks through which they could lend in yuan to affiliated firms overseas, the People's Bank of China said on its website yesterday. The so-called yuan-pool lending could be shared between subsidiaries or affiliated firms of one company, the PBOC said. Beijing has promoted the role ...

    http://www.scmp.com/business/banking-finance/article/1279773/firms-allowed-give-yuan-loans-overseas-units
  2. News - Asia - JAPAN

    Japan banks pledge to clean up mob-linked loans

    Posted Nov 13th 2013, 04:03pm by AP

    ... and why financial institutions including consumer credit companies, banks and insurers have failed to fully comply with a ban on doing business with gangs and their associates. “It’s not enough ... companies have long had access to police data on people linked to criminal groups, but sharing of that information with banks has lagged, police and other officials said. Still, lawmakers chided ...

    http://www.scmp.com/news/asia/article/1355180/japan-banks-pledge-clean-mob-linked-loans
  3. News - Asia - JAPAN

    Japanese banks regulator widens probe of links to yakuza

    Posted Oct 29th 2013, 10:13pm by Reuters

    ... tied to organised crime. Those 230 loans were made by Orient, a consumer financing company affiliated with and financed by Mizuho. This time, investigators would examine transactions elsewhere ... that a consumer finance affiliate extended more than US$2 million in loans to people with close ties to organised crime. Mitsubishi UFJ, Mizuho and Sumitomo Mitsui Financial Group were given notice ...

    http://www.scmp.com/news/asia/article/1343085/japanese-banks-regulator-widens-probe-links-yakuza
  4. News - Hong Kong - LABOUR

    Coca-Cola workers win job demands

    Posted Oct 05th 2013, 12:00am by NG KANG-CHUNG

    ... Ng Kang-chung kc.ng@scmp.com Strikers end action as company agrees to look at hours and not outsource deliveries Coca-Cola workers win job demands Some 300 striking delivery workers at the Coca-Cola factory in Sha Tin went back to work yesterday after the company's management agreed to their demands following hours of talks about work conditions overnight. Swire Beverages (HK) ...

    http://www.scmp.com/news/hong-kong/article/1324602/coca-cola-workers-win-job-demands
  5. Business - Money - Money

    Hong Kong shares close up 0.3pc, but CR Power plummets

    Posted Jul 17th 2013, 02:22pm by Reuters

    ... to widespread Chinese media reports citing a Chinese journalist affiliated with the official Xinhua news agency who alleged that some China Resources executives made the company incur hefty losses when ...

    http://www.scmp.com/business/money/stock-talk/article/1284647/hong-kong-shares-close-03pc-cr-power-plummets
  6. News - Hong Kong - MEDIA

    PCCW, iCable shares surge after free-TV licence wins

    Posted Oct 17th 2013, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com PCCW, iCable shares rise in response Investors flocked to PCCW and iCable Communications in trading yesterday, boosting the two companies' shares after ... reached on June 4. A Barclays report said: "A free-to-air television licence … will open up another revenue stream for PCCW." It expected PCCW affiliate HK Entertainment Television ...

    http://www.scmp.com/news/hong-kong/article/1333176/pccw-icable-shares-surge-after-free-tv-licence-wins
  7. Business - China Business

    Tencent to invest 10b yuan in Qianhai

    Posted Dec 12th 2013, 03:29am by BLOOM

    ... Bloomberg Internet firm to start online shopping and finance ventures in special economic zone Tencent to invest 10b yuan in Qianhai Tencent Holdings, Asia's largest internet company, will set up e-commerce and internet finance companies in Shenzhen's Qianhai economic zone to tap the mainland's testing ground for more liberal financial policies. The company will invest ...

    http://www.scmp.com/business/china-business/article/1378437/tencent-invest-10b-yuan-qianhai
  8. SEATEC Group expands reach into emerging Asean economies

    Posted Nov 08th 2013, 04:10pm by Reports by Mia Daughenbaugh and Christina Liedke

    ... Reports by Mia Daughenbaugh and Christina Liedke As one of the first engineering consulting companies in Thailand, SEATEC, along with its affiliates, has been working with the Thai government, private companies and international institutions since its foundation in 1969. Representing the SEATEC Group of Companies for more than four decades, Dr Subin Pinkayan, SEATEC's ...

    http://www.scmp.com/article/1350802/seatec-group-expands-reach-emerging-asean-economies
  9. News - China Insider - INTERNET

    China's Supreme Court removes link to 'judges only' e-shopping website

    Posted Aug 15th 2013, 12:58pm by Patrick Boehler

    ... affiliated with it. The China Courts Shopping Network website could not be accessed on Thursday, two days after Chinacourt.org, a website of the Supreme People’s Court, carried a statement saying ... it only provided a free link on its website and had no affiliation with the operator of the website. Law practitioners were quick to raise questions over whether the website was as harmless ...

    http://www.scmp.com/news/china-insider/article/1296867/supreme-court-removes-link-e-shopping-website
  10. News - World

    Libyan fighters, not al-Qaeda, behind attack on Benghazi consulate: report

    Posted Dec 29th 2013, 10:57am by BLOOM

    ... for investment by American companies, according to the Times story. Susan Rice, then US ambassador to the United Nations, said at the time the assault was a "spontaneous" protest against ... enemies". It said Abu Khattala had "no known affiliations with terrorist groups, and he had escaped scrutiny from the 20-member CIA station in Benghazi". ...

    http://www.scmp.com/news/world/article/1392365/libyan-fighters-not-al-qaeda-behind-attack-benghazi-consulate-report

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