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  • April 20, 2014
  • Last updated: 6:04am
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  1. Business - Banking & Finance

    Beijing to set limits on online payments in security push

    Posted Apr 19th 2014, 01:09am by Reuters

    ... Reuters in Shanghai Move aims to protect banks and consumers from fraud as internet transactions soar Beijing to set limits on online payments The mainland will limit the amount of money consumers can transfer to third-party online payment platforms, aimi ...

  2. Business - Companies - SOCIAL BUSINESS

    Using social media to turn a company into a social business

    Posted Feb 07th 2014, 11:31am by DAVID DUBOIS, Michael Peshkam

    ... David Dubois and Michael Peshkam Companies can create value and thrive by bringing together people, businesses and expertise Getting connected In Asia, as in the West, social media's explosion in recent years has been due in large part to its ability to help consumers make better buying decisions faster. Through social media, consumers can browse product reviews, consult blogs ...

  3. Business - Money - INVESTMENT

    Citic Securities acquires stake in US brokerage BTIG

    Posted Apr 15th 2014, 12:21am by BLOOM

    ... Bloomberg in New York Citic Securities buysstake in US trading firm BTIG Citic Securities, the mainland's largest brokerage, has acquired a stake in US trading firm BTIG as it expands around the world. The Chinese investment bank is making the purchase through its CLSA unit, the Hong Kong-based business it bought from Credit Agricole for more than US$1 billion to add traders ...

  4. Business - Money - MARKETS

    Chinese securities regulator set to approve preferred share issues

    Posted Mar 13th 2014, 01:25am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com CSRC ready to approve preferred share issues The mainland's securities regulator is trying hard to put a floor under the sliding stock market with plans to launch preferred shares to bolster investor confidence. The China Securities Regulatory Commission is set to allow companies to issue preferred shares within the first half, after ...

  5. Business - Banking & Finance

    US banks get two more years on risky securities

    Posted Apr 09th 2014, 01:40am by AP

    ... Associated Press in Washington US banks get two more years to conform their holdings of complex and risky securities Deadline on rule compliance extended The Federal Reserve is giving banks in the United States two more years to ensure their holdings of certain complex and risky securities do not put them afoul of the new Volcker Rule. The Fed's move announced on Monday ...

  6. Business - China Business - ONLINE RETAILING

    Chinese find their calling as smartphone shoppers

    Posted Apr 16th 2014, 01:21am by Sophie Yu

    ... or reserve products across online devices while picking up the goods from stores that were convenient to them, the report said. The survey reveals that Chinese consumers are also more socially connected on the internet than shoppers elsewhere in the world. Some 86 per cent of Chinese consumers have used social media to buy products, while the global average is at 48 per cent. Meanwhile, ...

  7. Business - Comment - MR. SHANGKONG

    Hong Kong lawmakers need Shanghai trip to face up to social issues

    Posted Mar 31st 2014, 05:27am by George Chen

    ... Shanghai trip to face up to social issues Most of the time, Shanghai just means business, but the city has also played some significant political roles in contemporary Chinese history. The Sino-US ... hospitals, the subway system craziness during peak hours and so on, you will find the city has its share of social problems, much as Hong Kong does. In my view, part of the reason why Shanghainese ...

  8. Business - Money - FUND MANAGEMENT

    China Everbright goes full steam on expansion after painful restructuring

    Posted Apr 14th 2014, 05:07am by RAY CHAN AND JEANNY YU

    ... Bank to the parent. The Hong Kong unit also holds about 33.3 per cent of Shanghai-listed broker Everbright Securities, which was put under the public spotlight last year for trading glitches. As a result of a so-called "fat finger" error, the China Securities Regulatory Commission fined the state-owned broker a record 523.3 million yuan (HK$657.5 million) and banned it from ...

  9. Business - Companies

    JD.com, NQ Mobile CEOs resume blogging after long pauses

    Posted Apr 14th 2014, 03:53pm by Doug Young

    ... whose microblog had gone silent since a scandal last year that saw the security software maker came under a short seller attack. Tencent's (0700.HK) CEO Pony Ma also made a relatively rare posting on his microblog, though in this case his appearance was mostly promotional as he trumpeted another major milestone for his company's popular social networking services. Let's ...

  10. Business - China Business

    Lenovo's IBM deal under US scrutiny

    Posted Apr 05th 2014, 01:07am by BLOOM

    ... networks and other potentially sensitive customers will spark close scrutiny from the interagency group known as the Committee on Foreign Investment in the US, which investigates national-security ... familiar with the matter. That agreement lasts for five years and could be extended, said the person. The service agreement may help ease the security review by CFIUS, which examined more than ...




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