• Thursday
  • November 27, 2014
  • Last updated: 7:51pm
Hong Kong




Refine Your Search

Sort by


Search Results

Results 1 - 10 of 1094 for debt

Related topics matching your search

Search results

  1. Mainland lenders to seek subordinated debt abroad

    Posted Apr 24th 2006, 12:00am by Staff Reporter

    ... banking Maria Chan Mainland lenders are likely to head for offshore capital markets in growing numbers to raise subordinated debt to meet regulatory capital requirements and to fund ... from such a trend, if regulatory approvals were granted, Mr Lau said. Subordinated debt qualifies as Tier 2 regulatory capital for banks and is debt that is either unsecured or has a lower ...

  2. Hospitals may call in debt collectors

    Posted Dec 08th 2006, 12:00am by Mary Ann, Mary Ann Benitez

    ... Mary Ann Benitez Tough action planned to pursue unpaid medical bills The Hospital Authority is considering hiring a reputable international debt-collection agency to pursue patients who ... a Public Accounts Committee hearing yesterday that the authority needed to take stronger action to recover bad debts. He said it would contract out the debt-collection service and invite tenders ...

  3. Credit card debt write-offs rise

    Posted Aug 17th 2006, 12:00am by Staff Reporter

    ... Maria Chan Rising bankruptcy petitions helped to drive up Hong Kong's annualised charge-off ratio for credit cards for the second consecutive quarter in the three months to June, the Hong Kong Monetary Authority said. The annualised charge-off ratio or the amount of credit card debt written off as proportion of total card debt rose to 3.28 per cent in the second quarter ...

  4. Agent took retiree's US$500,000 to pay family debts, court told

    Posted Aug 22nd 2006, 12:00am by Staff Reporter

    ... Yvonne Tsui A securities agent used US$500,000 taken from the bank account of a retired physician to settle her and her family's debts, a court heard yesterday. The loss from ... was transferred to her own bank account upon the consent of Mr Lo. Mr Leung alleged that Yam had used the money to settle her credit card debts, housing expenses, mobile phone fees, and to buy goods ...

  5. Singer did not know total debt in signing papers, court told

    Posted May 16th 2006, 12:00am by Staff Reporter

    ... one-eighth of a total debt of 4.4 million yuan, the Court of First Instance heard yesterday. The 45-year-old is now being sued by Jiangsu Golden Civil Building Group, a mainland building company, for repayment of a total $11.2 million, which includes an additional loan of $2.5 million, interest and other expenses. Jiangsu Golden said Emil Chau signed the guarantee on July 24, 2000, for the debt ...

  6. JP Morgan to handle Parkson debt sale

    Posted Nov 02nd 2006, 12:00am by Andy Chen, Nevin Nie

    ... Nevin Nie, Tim LeeMaster and Andy Cheng Parkson Retail Group, a Beijing-based department store operator, hired JP Morgan Chase to arrange its first debt sale- of US$200 million in five-year bonds- that it will swap into 1.5 billion yuan to be used to fund expansion. Parkson, controlled by Singapore's Lion Diversified Holdings, begins marketing the debt to investors ...

  7. China blocks US$3b global debt sales by state agencies

    Posted Sep 18th 2006, 12:00am by Staff Reporter

    ... Tim LeeMaster China's National Development and Reform Commission has refused to allow three government agencies to sell up to US$3 billion worth of bonds in the international debt ... and the fifth for CDB. Both deals are expected to be in the US$500 million to US$1 billion range. Total outstanding US dollar debt sold in the domestic market by the two banks stands at US$2.6 billion, ...

  8. Author sees catastrophic trouble in China's ballooning debt level

    Posted Sep 05th 2006, 12:00am by Tom Holland

    ... of the US Congress, he warned that the mainland's economy is heading for a major debt crisis as borrowing reaches unsustainable heights. Although China's official sovereign debt burden ... covers central government debt. Extrapolating from an OECD study which estimated recorded local government debt to be as high as 9.3 per cent of GDP in 2003, Mr Chang believes the current level ...

  9. Gamblers' debts top 20 times earnings

    Posted Sep 15th 2006, 12:00am by Staff Reporter

    ... to HK$10,000 a month, while 45 per cent had debts of HK$50,000 to HK$200,000. The centre's social work supervisor, Joe Tang Yiu-cho, said many gambled to relieve boredom and boost self-esteem. He ... I was 17,' he said. 'There were only two things I cared about- winning more and covering my debts.' One day in early 2004, when he lost all his money and had to repay a debt of HK$200,000 ...

  10. Moody's raises debt ceiling

    Posted May 26th 2006, 12:00am by Staff Reporter

    ... Cameron Dueck Financial rating agency Moody's Investors Service yesterday raised the ceiling for foreign currency debt ratings on financial institutions in several Asian economies, including Hong Kong, in the belief their governments would give the private sector access to foreign currency in the event of a debt crisis. This raised the rating of some foreign-currency debt ...




SCMP.com Account