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  • September 16, 2014
  • Last updated: 7:57pm
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  1. News - World - CURRENCY

    Ecuador set to be first country to issue its own digital currency

    Posted Aug 29th 2014, 11:14pm by AP

    ... Ecuador set as its currency in 2000 after a crippling banking crisis. The official in charge of the new currency, Fausto Valencia, said the software was already used in Paraguay by cellphone ... Associated Press in Quito, Ecuador Ecuador to issue its own digital money Ecuador is planning to create the world's first government-issued digital currency, with some analysts saying ...

  2. News - World - UKRAINE

    Russian markets, currency take a hit on intervention in Ukraine

    Posted Mar 03rd 2014, 11:01pm by Reuters

    ... Reuters in Moscow Russian markets and currency take a hit after intervention in Ukraine Russia took a financial hit over its military intervention in neighbouring Ukraine, with its markets and currency plunging. The Moscow stock market fell over 11 per cent, wiping nearly US$60 billion off the value of Russian companies in a day, and the central bank spent US$10 billion of its reserves ...

  3. News - World - ECONOMY

    World Bank warns of global jobs crisis

    Posted Sep 09th 2014, 10:52pm by AFP

    ... Agence France-Presse in Sydney Global jobs crisis, warns World Bank The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic ... to be created worldwide by 2030 just to cope with the expanding population. "There's little doubt there is a global jobs crisis," said the World Bank's senior director for jobs, ...

  4. Comment - Insight & Opinion

    Party time in Hong Kong if governance crisis is ever to be resolved

    Posted Sep 09th 2014, 03:19pm by Frank Ching

    ... Frank Ching Frank Ching wonders if Tung's admission of a governance problem is a sign Beijing finally sees that political parties have a role to play Party time Former chief executive Tung Chee-hwa, in his press conference last week, surprisingly ack ...

  5. News - Hong Kong - FINANCE

    SFC launches legal action against Citic to demand compensation for investors

    Posted Sep 11th 2014, 11:17pm by Enoch Yiu

    ... suffered actual losses of HK$807.7 million and HK$14.7 billion in mark-to-market losses from hedging the currency risks of its Australian iron ore mining project. The statement said Citic was aware ... action came a long time after its investigation. But Cheung added: "Luckily, we are happy to see the SFC has helped investors to recoup their losses."   Citic's forex crisis laid ...

  6. News - World - Ukraine crisis

    France suspends delivery of warship to Russia over Ukraine crisis

    Posted Sep 04th 2014, 12:18pm

    ... the crisis in Ukraine. Paris agreed in 2011 to build and sell the two advanced helicopter assault ships to Russia for a total of €1.2 billion (HK$12.2 billion), with the first scheduled for delivery ... widespread condemnation due to Russia’s involvement in the Ukraine crisis. “The President of the Republic declared that, despite the prospect of a ceasefire, the conditions for France to deliver ...

  7. News - World - UKRAINE

    Russian President Vladimir Putin points to an imminent deal on Ukraine crisis

    Posted Sep 03rd 2014, 11:46pm by Reuters

    ... Reuters in Kiev But there are fears the move may be aimed at wrong-footing Nato ahead of its summit in Wales Putin points to imminent deal on Ukraine crisis Russian President Vladimir ... But hopes of peace were clouded by Western concerns that the announcement was timed by the Kremlin to wrong-foot Nato on the eve of a summit that will discuss the crisis and new shelling ...

  8. Comment - Insight & Opinion - MY TAKE

    Bets on the future of beloved Hong Kong

    Posted Sep 08th 2014, 03:46am by Alex Lo

    ... I argue, is that the actual threat level is a lot lower than it was during the 1967 riots and Cultural Revolutionary infiltration, the bogged-down handover negotiations and currency crisis of 1983, ...

  9. News - World - SCOTLAND

    Currency union 'not in Scotland's interests', says: Alistair Darling

    Posted Aug 11th 2014, 04:49am by Reuters

    ... Reuters in Edinburgh Currency union 'not in Scotland's interests' A formal currency union would not be in the interests of an independent Scotland, the leader ... uncertainty over what currency would be used if Scotland leaves the United Kingdom remains a major campaign issue. Britain's three main political parties have ruled out a formal currency union, ...

  10. News - World - UKRAINE

    Crisis deepens as Ukraine says Russian troops back rebel advance

    Posted Aug 28th 2014, 10:33pm by Reuters

    ... in the crisis came only two days after the presidents of both countries held their first talks in more than two months and agreed to work towards launching a peace process. Ukraine’s security ... is now directly involved in the fighting,” he said. The crisis has prompted Western governments to impose sanctions on Moscow, which has responded in kind, and fanned tensions with Nato to levels ...




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