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  • July 30, 2014
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  1. Business - Money

    HSBC to refund credit card cash withdrawal fees for UnionPay card users

    Posted Jun 22nd 2013, 02:24am by Anna Healy Fenton

    ... customer complaints, HSBC has agreed to refund the fees if you have no option but to use your credit card to get cash overseas. To recap on the ongoing saga of HSBC’s change to chip ATM cards ... banking headquarters refused to believe their own manager was who he said he was, so no dosh.         It goes on and on. HSBC says you can still access the Cirrus network via your credit card ...

    http://www.scmp.com/business/money/wealth/article/1266355/hsbc-refund-credit-card-cash-withdrawal-fees-unionpay-card
  2. 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
  3. Business - Banking & Finance

    Citi heats up China credit cards

    Posted Sep 20th 2012, 10:14am by Doug Young

    ... Doug Young   China's credit card market could be heading for a major explosion soon, following the official entry of the first foreign card issuer to the market in the form of global ... at the actual news first, followed by the resulting chain of events we're likely to see in the next few years. Citi, working with global credit card giant MasterCard (NYSE: MA) and China's ...

    http://www.scmp.com/business/banking-finance/article/1041303/citi-heats-china-credit-cards
  4. Comment - Letters

    Letters to the Editor, July 10, 2014

    Posted Jul 10th 2014, 04:33am by LETTERS

    ... credit card ", July 2). I completely empathise with his frustration in trying to speak to a living human via the HSBC "hotline" as a similar situation happened to me recently. ...

    http://www.scmp.com/comment/letters/article/1550615/letters-editor-july-10-2014
  5. Comment - Letters

    Letters to the Editor, July 2, 2014

    Posted Jul 02nd 2014, 04:54am by LETTERS

    ... the university will reconsider its plans to sell the college and the status quo will be maintained. Camilla Lam, Kwun Tong   Unable to report lost credit card I refer to the letter from Devon Bovenlander ... on an HSBC credit card. Earlier this month, I lost my credit card in London. As soon as I realised it had gone, I called the HSBC credit card hotline to report the loss. I was put on hold. I waited ...

    http://www.scmp.com/comment/letters/article/1544414/letters-editor-july-2-2014
  6. Business - Companies - THE VIEW

    At MTR Corp, the buck stops anywhere but the top

    Posted Jul 23rd 2014, 10:05am by Stephen Vines

    ... It's really simple- if you are going to claim credit for things going well on your watch, you obviously need to accept blame for when things are not going so well. Moreover, if you are going ... buck stops here" seems not to have had an impact on any of these gentlemen. Instead, almost unbelievably, they are playing the card of ignorance. Ignoring the obvious question of why ...

    http://www.scmp.com/business/companies/article/1557419/mtr-corp-buck-stops-anywhere-top
  7. Business - Money

    Chart of the day: Aussie unbowed

    Posted Jul 25th 2014, 12:25am by Nicole Elliott

    ... volatility has slumped, but sooner or later a push up to 96.2 US cents is on the cards. That would mark the recovery of half of last year's losses when worries about mining exports to China ...

    http://www.scmp.com/business/money/markets-investing/article/1558391/chart-day-aussie-unbowed
  8. Business - Comment - LAI SEE

    Where does the truth lie in McDonald's 'lack of clarity'?

    Posted Jul 29th 2014, 01:26am by Howard Winn

    ... with the company's logos and signage with the executives identified by cards bearing their names and titles. However, at Sunday's press conference there was no corporate signage and the famous McDonald's logo was nowhere to be seen. All the attendant executives, aside from Hong Kong managing director Randy Lai Wai-sze, were anonymous without the usual identifying cards. Interestingly ...

    http://www.scmp.com/business/article/1561430/where-does-truth-lie-mcdonalds-lack-clarity
  9. Comment - Blogs

    It pays to check your credit rating

    Posted Sep 19th 2013, 08:59am by Anna Healy Fenton

    ... Anna Healy Fenton anna.fenton@scmp.com For years HSBC would neither give me a credit card nor tell me why not. So I got one from Bank of China and forgot about it. Not long ago HSBC had changed tack and were bombarding me with credit card offers. I asked what had changed, why was I no longer persona non grata? After a lot of muttering “cannot”, I persuaded someone to read what ...

    http://www.scmp.com/comment/blogs/article/1312808/it-pays-check-your-credit-rating
  10. Comment - Insight & Opinion

    Now's not the time for China to open the credit floodgates

    Posted Jun 04th 2014, 01:57pm by Hu Shuli

    ... Hu Shuli Hu Shuli says targeted measures, such as directing needed funds to small businesses, are more suited to China's changing economy Don't open credit flood gates by cutting ... to lower financing costs or solve the fund-raising problems of small businesses. Those who advocate a cut are worried about a credit crunch. But statistics show that, in May, the cost of borrowing ...

    http://www.scmp.com/comment/article/1525129/nows-not-time-china-open-credit-floodgates

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