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  • July 31, 2014
  • Last updated: 9:56pm
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  1. Lifestyle - Health

    Medical simulation centres teach doctors how to cope with a crisis

    Posted Jun 30th 2014, 10:01am by Kate Whitehead

    ... Kate Whitehead life@scmp.com Medical simulation centres aim to teach doctors and nurses how to cope with a crisis before it occurs in the operating theatre, writes Kate Whitehead Stress ... and train all the different professionals working together in a crisis situation. It can get very tense for those in the hot seat," says Dr Tung Wai-kit, the centre's honorary director. ...

  2. News - World - bitcoin

    Apple opens the door for digital currencies, such as bitcoin

    Posted Jun 03rd 2014, 09:46pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Apple opens the door for digital currencies Hong Kong's biggest virtual currency trading platform hopes to benefit from a rewrite of rules by Apple ... positive step that Apple is recognising virtual currencies are a big part of the online ecosystem and they are going some way to acknowledge that in some degree and hopefully they'll embrace ...

  3. In Brief

    Posted Oct 17th 2008, 12:00am by Staff Reporter

    ... announced on Tuesday was a temporary measure applied at a delicate time when confidence in the banking system was threatened by the global financial crisis. 'Prevention is better than ... risk, in our view, that the pendulum could stay at the extreme end of pessimism for longer, as the financial crisis in the west still has some ways to go,' the bank said. 'Given ...

  4. Comment - Insight & Opinion

    Central banks ought to rein it in

    Posted Jul 04th 2014, 12:40pm by Andrew Sheng

    ... did not believe him. Unlike Wolf, I think the BIS is right. BIS general manager Jaime Caruana, formerly governor of the Bank of Spain, carefully reviewed the causes of the financial crisis and argued that central bank policy must step out of the shadows of the past crisis. It should foster change in three areas: towards less debt-driven patterns of growth; more normal monetary policy; ...

  5. Business - THE VIEW

    HSBC seems to find it easier to pay fines than fix corporate culture

    Posted Jul 14th 2014, 03:09am by Peter Guy

    ... the financial crisis, global banks have evolved from "too big to fail" into "too big to jail". Each new fine, like BNP Paribas' US$8.9 billion penalty, sets a new, ignominious ... in physical US dollars from Mexico. According to Taibbi, HSBC played a key role in exchanging currency for Mexican and Colombian drug cartels. HSBC's communications strategy has failed ...

  6. Business - Economy

    India’s crisis within a crisis; finance minister fights on two fronts

    Posted Sep 02nd 2013, 10:53am

    ... critics might say he still enjoys wide respect around the globe. But when it comes to dealing with the currency crisis, markets will be hanging on every word of Chidambaram, not the prime ... growth skids to its slowest pace in a decade, but he is surrounded by politicians who haven’t grasped that there is a crisis at hand and want to spend their way to the ballot box. In many ways, ...

  7. Business - Commodities

    EU-China solar deal fails to offer dumping protection

    Posted Jul 31st 2014, 01:24am by Reuters

    ... no reference to currency conversion of the index, while there were references elsewhere to exchange rate conversion of other items. China, he added, was now seeking to rewrite the terms to include ...

  8. Business - Economy - CURRENCIES

    France out to build on gains as yuan hub, consul general in Hong Kong says

    Posted Jul 28th 2014, 04:26am by Enoch Yiu

    ... the mainland had not yet made its currency fully convertible, firms in France have not worried about the restrictions. "We have seen China has relaxed usage of the yuan in the past few years. It is going in the direction of making it more flexible and open for the international world to use the currency," he said. The next chapter for yuan business development in France would be to go ...

  9. Comment

    China must upgrade growth strategy to avoid economic stagnation

    Posted Jul 31st 2014, 05:54pm by PROJECT SYNDICATE

    ... a competitive market-based system. The biggest risk to China's continued development is not a crisis, but the failure of its political leaders and intellectual elites to recognise the need to transform a growth strategy that has proved successful so far. In fact, a crisis could do more good than harm; warnings that the rapid credit expansion of recent years could trigger a debt crisis ...

  10. Investors flee further from Asian currencies

    Posted Sep 24th 2011, 12:00am

    ... Amanda Lee amanda.lee@scmp.com Asian currencies, including Hong Kong's growing pool of yuan, fell further yesterday as investors sought the safety of the US dollar amid fears a global ... Reserve to boost the troubled US economy. Central banks from South Korea to Indonesia intervened to prop up their currencies, a sharp turnaround from recent concerns that their currencies were too ...




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