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  • April 18, 2014
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  1. Business - Economy - EURO-ZONE CRISIS

    EU aid deal secures Greece in single currency

    Posted Dec 14th 2012, 12:00am by Bloomberg

    ... to Athens prompted its prime minister, Antonis Samaras, to declare an end to talk of a Greek exit from the single currency. It averts a catastrophic default and secures Greece's survival ... of all euro-zone lenders that paves the way for the currency bloc's firewall fund to provide direct bailouts to banks. The new supervisory mechanism should be fully ready by March 1, 2014, ...

    http://www.scmp.com/business/economy/article/1104785/eu-aid-deal-secures-greece-single-currency
  2. Business - Commodities - ENERGY

    China’s coal miners in crisis

    Posted Apr 02nd 2014, 09:45am by Reuters

    ... coal province of Inner Mongolia is in crisis. Tumbling prices- caused by weaker demand due to slowing economic growth in China and a flood of cheaper imports- have forced many smaller miners ...

    http://www.scmp.com/business/commodities/article/1462997/chinas-coal-miners-crisis
  3. News - World - CRIMEA

    Nato suspends co-operation with Russia over Crimea crisis

    Posted Apr 01st 2014, 09:23pm by Reuters

    ... The 28-member alliance, the keystone of US and European security since the end of the second world war, was reacting to its most serious crisis in years. The decision was taken by Nato foreign ministers ... levels for the Nato rapid response force and a possible review of Nato's crisis response plans, as well as its military training and exercise schedules. NATO Supreme Commander General Phil ...

    http://www.scmp.com/news/world/article/1462645/nato-suspends-co-operation-russia-over-crimea-crisis
  4. News - World - IRAN

    American anger over UN envoy’s links to Iranian hostage crisis

    Posted Apr 01st 2014, 08:48pm by Reuters

    ... have played a role in the 444-day crisis and want him barred from US territory. The fact that Hamid Abutalebi, a veteran diplomat who has held key European postings, has been selected by President Hassan Rowhani as Iran's new ambassador to the United Nations has been known for months. But his potential role in the hostage crisis, first reported by Bloomberg News over ...

    http://www.scmp.com/news/world/article/1462559/american-anger-over-un-envoys-links-iranian-hostage-crisis
  5. News - Hong Kong - Hospitals

    Hospital bed crisis looms as population growth outstrips healthcare provision

    Posted Mar 31st 2014, 06:16am by Emily Tsang

    ... Emily Tsang emily.tsang@scmp.com City will lack at least 5,000 hospital beds by 2026 despite major construction and expansion work as population grows Beds crisis looms as demand grows The city will face a shortfall of at least 5,000 private and public hospital beds within 12 years if healthcare capacity continues to lag behind the pace of population growth, the South China ...

    http://www.scmp.com/news/hong-kong/article/1461196/hospital-bed-crisis-looms-demand-projected-outstrip-supply
  6. Business - Comment - MONITOR

    China may have problems, but this scare story isn't one of them

    Posted Feb 04th 2014, 05:57am by Tom Holland

    ... Tom Holland While alarmist talk of global meltdown sparked by a currency crisis at Chinese banks fires up doom merchants, the reality is more reassuring China may have problems, but this scare story isn't one of them As a headline, it was certainly eye-catching. "Currency crisis at Chinese banks could trigger global meltdown," declared a story in the Sunday ...

    http://www.scmp.com/business/article/1420190/china-may-have-problems-scare-story-isnt-one-them
  7. Business - Economy

    The rupee is where? Currency collapse confounds India Inc

    Posted Aug 28th 2013, 02:43pm by Reuters

    ... Nandita Bose in Mumbai Indian companies such as Whirlpool of India say they can’t plan more than a couple of months out as a fast-falling rupee currency drives up the cost of imports, ... sales. India’s consumers, whose spending helped see the country through the global financial crisis in 2008, are closing their wallets, squeezing companies from carmakers to shampoo sellers. ...

    http://www.scmp.com/business/economy/article/1300058/rupee-where-currency-collapse-confounds-india-inc
  8. News - World - IRAN

    Tehran's new UN envoy linked to US embassy hostage crisis

    Posted Mar 31st 2014, 05:57am by Bloomberg

    ... Bloomberg in Washington New UN envoy linked to embassy takeover Iran has named a member of the militant group that held 52 Americans hostage in Tehran for 444 days to be its next ambassador to the United Nations. The Iranian government has applied for a U ...

    http://www.scmp.com/news/world/article/1461353/tehrans-new-un-envoy-linked-us-embassy-hostage-crisis
  9. News - World - UKRAINE

    Resolution to Ukrainian crisis taking shape, Russia says

    Posted Mar 30th 2014, 06:44am by Bloomberg, Reuters, AFP

    ... Agencies in Moscow Foreign minister and US Secretary of State John Kerry to meet in Paris, after Putin called Obama to discuss idea for ending Ukraine crisis Solution is taking shape, ... to discuss an American proposal for a diplomatic resolution to the crisis, which US Kerry presented to Lavrov last week, the White House said without specifying details. For his part, Putin ...

    http://www.scmp.com/news/world/article/1460516/resolution-ukrainian-crisis-taking-shape-russia-says
  10. Business - Banking & Finance - CURRENCIES

    Beijing weakens key yuan rate amid US criticism

    Posted Apr 17th 2014, 01:09am by Jeanny Yu

    ... in response to the renewed criticism by the United States that Beijing may lack the resolve to let market forces determine the currency's value. The latest conflict between the world's two largest economies was triggered by the semi-annual report of the US Treasury, released on Tuesday, that said China was resuming large-scale efforts to hold down its currency. Just hours after ...

    http://www.scmp.com/business/banking-finance/article/1484945/beijing-weakens-key-yuan-rate-amid-us-criticism

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