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  • July 22, 2014
  • Last updated: 8:35pm
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  1. Business - Comment - JAKE'S VIEW

    China risk is the real worry for Hong Kong banks

    Posted Jul 17th 2014, 01:09am by Jake Van Der Kamp

    ... than difficult probate cases or people who are in prison and can no longer make autopay. Of course there are reasons for this other than that Hong Kong people feel their financial obligations ... control? Of all the credit risks that could possibly worry him, he frets about the one with a delinquency rate of 0.01 per cent. Here is a man who obviously needs a dictionary to look up the word ...

    http://www.scmp.com/business/article/1555497/china-risk-real-worry-hong-kong-banks
  2. News - World - SPACE

    Nasa duo plans faster-than-light starship called Enterprise- of course

    Posted Jun 19th 2014, 10:29pm by WASHPOST

    ... The Washington Post Nasa duo's Enterprise 'will break speed of light' Harold White, an engineer and physicist at US space agency Nasa, announced a few years ago that he was working on a potentially groundbreaking idea that could allow space ...

    http://www.scmp.com/news/world/article/1536321/nasa-duo-plans-faster-light-starship-called-enterprise-course
  3. Business - Money

    Truant school kids jet off to the sun- with their own credit cards

    Posted Jan 26th 2014, 04:30pm by Anna Healy Fenton

    ... shortened their lovely holiday. If I was the parent of one of these 16-year old lovebirds who bought HK$40,000-worth of air tickets and a five star hotel stay with a credit card I’d trusted them ...   Call me old fashioned but… I would take a very dim view of everyone involved, starting with myself. For trusting them with a credit card and not putting a sensible limit on it. I’d be even ...

    http://www.scmp.com/business/money/wealth/article/1414187/truant-school-kids-jet-sun-their-own-credit-cards
  4. News - Hong Kong - POLITICS

    Alliance convenor Joseph Cheng says 'smear campaign' against him is a threat to HK's values

    Posted Jul 22nd 2014, 03:58am by SHIRLEY ZHAO

    ... falsely stated his nationality when applying for a Hong Kong passport in 2002 and took credit for others' work in academic papers published more than a decade ago. The allegations occupied ... media for days because of our demand for democracy. This is a serious threat to Hong Kong's core values." Regarding the accusation of taking credit for others' work, Cheng said ...

    http://www.scmp.com/news/hong-kong/article/1557046/alliance-convenor-joseph-cheng-says-smear-campaign-against-him-threat
  5. News - Asia - SOUTH KOREA

    Data from more than 100 million South Korean credit cards and accounts stolen

    Posted Jan 22nd 2014, 03:28pm by Reuters

    ... providers in what is expected to be the first of multiple litigations. “Of course I’m angry. Anyone might know when I pay my credit card bills, let alone my phone number and where I live. I might ... Reuters in Seoul Credit card and account details reportedly include those of President Park Geun-hye and UN chief Ban Ki-moon The theft of personal information from more than 100 million ...

    http://www.scmp.com/news/asia/article/1411070/data-more-100-million-south-korean-credit-cards-and-accounts-stolen
  6. Business - Banking & Finance - BONDS

    Chinese banks rely on local branches for offshore debt

    Posted Jul 14th 2014, 03:09am by Jasper Moiseiwitsch

    ... a senior credit officer at Moody's. The sums involved are vast and small inefficiencies quickly add up. The five biggest mainland banks- Bank of China, Bank of Communications, Agricultural ... to issue offshore yuan bonds through their local branches to promote use of yuan in centres such as Sydney, London, Singapore, Frankfurt, Luxembourg and, of course, Hong Kong Last week Bank ...

    http://www.scmp.com/business/banking-finance/article/1553541/chinese-banks-rely-local-branches-offshore-debt
  7. Business - China Business

    Credit crackdown seen as limiting China's growth

    Posted Jan 09th 2014, 01:27am by BLOOM

    ... Bloomberg in Beijing Credit crackdown seen as limiting mainland growth New credit on the mainland probably fell by a record in the second half of last year amid a crackdown on speculative ... financing. "Their focus is more about containing debt growth," said Yao Wei, China economist at Societe Generale. "Sometime over the course of 2014 they will realise the slowdown, ...

    http://www.scmp.com/business/economy/article/1401045/credit-crackdown-seen-limiting-chinas-growth
  8. Lifestyle - Arts & Culture

    Ramone for life

    Posted Jul 20th 2014, 03:35pm by MCT

    ... [sic]- assault, insult, stalk, posture and swagger their way through a collection of mindless numbers." Of course, in the Ramones' alternative universe, that spirit of wild, careless ... is a Headbanger, Rockaway Beach and the 1978 classic I Wanna Be Sedated. (All the songs were credited to "The Ramones" but Erdelyi was a major contributor.) At the band's live shows, devoted ...

    http://www.scmp.com/lifestyle/arts-culture/article/1556107/ramone-life
  9. News - China

    Macau scholars warn of rising censorship, loss of confidence in 'one country, two systems'

    Posted Jul 22nd 2014, 05:20am by Raquel Carvalho

    ... is still considering suing the university over his dismissal. "There are different possibilities, and one of them would be, of course, to raise the issue of discrimination as stipulated ... no evidence or facts on this," he said. A university official acknowledged it had received such complaints about Chou from students, including ones that accused him of giving extra credit ...

    http://www.scmp.com/news/china/article/1557068/macau-scholars-warn-rising-censorship-loss-confidence-one-country-two
  10. Business - Commodities

    Time to end use of commodities for credit in China

    Posted Jun 09th 2014, 03:29am by Reuters

    ... Clyde Russell Concern over possible abuses in the shadow banking system may prompt crackdown Time to end use of commodities for credit in China The mad dash by banks and traders to see who owns what metal inventories at Qingdao port should help bring a swift, and much-needed, end to the practice of using commodities for credit. For the past few years, one of the known unknowns ...

    http://www.scmp.com/business/commodities/article/1528226/time-end-use-commodities-credit-china

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